Mar 04, 2014 01:02 PM IST
One problem for any successor is that Buffett, by dint of his long stewardship of Berkshire and the outperformance he has delivered over most of the past half century, has the freedom to make mistakes or underperform the stock market in ways that could cost other CEOs their jobs.
- Mar 02, 2014 12:30 PM IST
According China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st in the list that was topped by Bill Gates, whose personal networth stood at a whopping USD 68 billion
- Feb 25, 2014 08:50 AM IST
In an excerpt of his annual letter to shareholders published online by Fortune on Monday, Buffett used a 1986 purchase of a farm located 50 miles north of Omaha to support his case about simple, diversified and low-cost investing.
- Jan 01, 2014 04:13 PM IST
Berkshire's Class A shares finished 2013 at USD177,900, just below their 52-week high of USD178,900 set in late July. That's up 32.70 percent from their USD134,060 close in 2012. It's the biggest annual gain since 1998 when the shares soared 52.2 percent.
- Dec 11, 2013 10:30 AM IST
Now, an even bolder prediction. Buffett's musical career will explode when he wins "The Voice" with his rendition of "My Way," accompanying himself on ukulele. His "Today" Orange Room gig was just a launching point. You can take this prediction to the Billboard bank.
- Nov 02, 2013 12:02 PM IST
Results benefited from USD 1.39 billion of gains from investments and derivatives, more than twice the USD 521 million a year earlier, but these do not factor into operating results.
- Oct 19, 2013 11:42 AM IST
In a market where stock splits have become rarer, there may be more of this to come than just the two stocks with four-digit stock prices in the Standard & Poor's 500 index - Google and Priceline.com , which hit USD 1,000 earlier this year.
- Oct 16, 2013 07:00 PM IST
Buffett called on both sides to pledge not to use the debt limit as a weapon. "There are plenty of weapons that can be used," like filibusters, he said.
- Aug 03, 2013 01:45 PM IST
Operating results topped analyst forecasts, reflecting how many of Berkshire's more than 80 businesses are benefiting from growth, however modest, in the US economy.
- May 31, 2013 12:11 PM IST
Buffett's BH Media Group will purchase the Roanoke Times from Landmark Media Enterprises on Friday, according to the Times and the Omaha World-Herald.
- May 06, 2013 05:02 PM IST
Warren Buffett has some advice for young people on how to be happy, and it has nothing to do with having billions of dollars.
- Mar 22, 2013 07:57 PM IST
JPMorgan Chase & Co is the top adviser on mergers and acquisitions so far in the first quarter, having worked on all four of the largest deals announced since January 1.
- Feb 20, 2013 05:42 AM IST
On Friday, the US Securities and Exchange Commission filed a suit against unknown traders who it said used a Goldman Sachs account in Switzerland to trade on purported inside knowledge of the transaction.
- Feb 17, 2013 11:46 AM IST
Warren Buffett told CNBC that even after teaming up with 3G Capital Management to acquire H.J. Heinz, he's still looking for another big acquisition and has the cash to pay for one.
- Feb 15, 2013 08:33 AM IST
With animal spirits on the rise, companies armed with cheap financing are fueling a new merger wave, but that's not likely to do much to heat up the stock market.
- Jan 29, 2013 07:54 AM IST
Warren Buffett made a bid to acquire New York Stock Exchange operator NYSE Euronext last November, but his offer was less than one already on the table from IntercontinentalExchange Inc , two people familiar with the matter said.
- Jul 13, 2012 07:32 PM IST
Berkshire Hathaway would still like to make a major acquisition this year but the prospects for a deal are starting to look less likely, Chief Executive Warren Buffett said on Friday.
- May 24, 2012 10:16 PM IST
Warren Buffett's Berkshire Hathaway Inc is eyeing more newspapers, according to a memo posted on Jim Romenesko's media website.
- May 17, 2012 07:42 PM IST
MEDIAGENERAL:Berkshire Hathaway to buy Media General newspapers
- May 14, 2012 08:52 AM IST
Avon Products Inc on Sunday said it told Coty Inc that it would consider the smaller company's USD 10.7 billion takeover bid and it expected to respond within a week.
- May 08, 2012 10:00 AM IST
It's not everyday you can find people to take the opposite side of a trade from Warren Buffett and Bill Gates, but then gold is not your average trade.
- May 07, 2012 09:30 AM IST
After April's weak jobs report, investors will scrutinize each piece of economic data for a read on whether the economy`s soft patch is temporary or the start of something more troubling.
- May 06, 2012 11:12 AM IST
Warren Buffett said on Saturday he would not buy shares of technology giants Apple Inc or Google Inc but would not sell them short, and said International Business Machines Corp is a better investment for his company Berkshire Hathaway Inc .
- Apr 19, 2012 09:01 AM IST
Warren Buffett says that his recently diagnosed Stage One prostate cancer hasn't changed Berkshire Hathaway's succession plans at all.
- Apr 18, 2012 08:15 PM IST
Berkshire Hathaway Chairman and CEO Warren Buffett said Berkshire Hathaway's succession plans have not changed, despite his diagnosis of stage one prostate cancer.