Buffett Adds to Deere & Exits Exxon

Berkshire Hathaway, run by CEO and Chairman Warren Buffett, sold off roughly $4 billion worth of Exxon Mobil shares during the fourth quarter of 2014. This move was obviously spurred by the major drop in oil prices that have damaged all energy company profits, with Exxon included. In total, Berkshire Hathaway sold off roughly 41,000,000 …

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Is Warren Buffett Predicting An Obama Victory?

Does Warren Buffett know something that the rest of us don’t? Well, it wouldn’t be surprising since he is the second wealthiest man in the United States of America, and he is estimated to be worth $46 billion at this time. If I was a betting man, I’d say that he definitely knows a lot …

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Warren Buffett Buys Oriental Trading Company

Billionaire investor Warren Buffett already owns companies related to insurance, newspapers, jewelry and many other areas of interest. Now you can add party planning to the mix since Berkshire Hathaway and the 82-year-old investor will soon acquire Oriental Trading Co. We learned this past Friday from Warren Buffett that Berkshire Hathaway Inc., his investment firm, …

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