Staying true to being "brutally honest", legendary investor Charlie Munger had recently called Tesla's achievements in the automotive industry a "minor miracle" and stated that digital cryptocurrency was "a very, very bad thing".
Berkshire Hathaway reported a quarterly loss Saturday of $2.7 billion, or $1,832 per Class A share.
Warren Buffett even compared aggressive borrowing and reckless trading to gambling with one's life.
The American business magnate further added that it's naïve to not have some idea about the future of the business that one wants to invest in and listen to advice from an agent.
Warren Buffet advices investors to wait until they find an opportunity that is unlikely to cause losses rather than taking chances on stocks that they don't find attractive.
Warren Buffett, one of the most successful investors in history, turned 92 this year on August 30. According to Forbes, the chairman and CEO of Berkshire Hathaway is the fifth richest person in the world, with an estimated net worth of $100.2 billion as of today.
The portrait of Warren Buffett created by Motiva Art features a grid of letters over the picture that light up to spell out several of the legendary investor’s famous quotes.
Here are 8 things to know about the success story of Greg Abel - a man who went from a working class neighbourhood in Canada to a well-known figure on the Wall Street.
Berkshire had applied to increase its stake on July 11, saying it would not hurt competition, undermine regulatory authority, or boost costs for consumers. FERC regulates the interstate transmission of electricity, natural gas and oil
Occidental's share price soared 9.9 per cent, closing up $6.41 at $71.29, after the Federal Energy Regulatory Commission (FERC) said letting Berkshire add to its 20.2 per cent stake was "consistent with the public interest."
Rising interest rates and dividend payouts helped insurance businesses generate more money from investments, while the strengthening US dollar boosted profit from European and Japanese debt investments
Today, Warren Buffett is one of the most respected voices in business. But when he was a youngster fresh out of college, who are the people who mentored him?
In 2010, business tycoon Warren Buffett had pledged to redistribute 99 per cent of his fortune to philanthropy. He turns 92 in August.
Warren Buffett--whose fortune has since grown to more than $120 billion--said that compound interest is an investor’s best friend.
In 2006, Warren Buffett promised to bequeath 85% of stock in his holding company, Berkshire Hathaway, to the Gates Foundation.
An anonymous bidder secured a chance to lunch with the CEO of Berkshire Hathaway by paying $19 million
Buffett has also pledged to give away nearly all of his fortune. He was worth $93.4 billion on Friday, ranking seventh worldwide, according to Forbes magazine.
Bill Gates thanked Warren Buffett for the donation, and his many years of friendship, in a Twitter post.
Here's what Warren Buffett said when asked what he thinks is the biggest mistake parents make when teaching their children about money,
Warren Buffett has long rallied against financial advisors and had in April slammed Wall Street for encouraging speculation in the stock market, turning it into a “gambling parlor.”
At the Berkshire Hathaway annual shareholders meeting in 1999, Warren Buffett was asked how to make $30 billion. Here's what he said.
Warren Buffett shares some tips on investing right to prepare for inflation.
At this year’s Annual Shareholder Meeting, he said that inflation swindles everyone. Then, he spoke of one way to get around it
Half a century after he bought See’s Candies, Warren Buffett still counts the small company among his favourite investments.
Warren Buffett says that your bank account is not a measure of your success.