Warren Buffett

By The Huffington Post News Team One of the best ways I've found to evaluate the actions taken by then-Treasury Secretary Hank Paulson in bailing out the nation's failing banks back... One of the best ways I've found to evaluate the actions taken by then-Treasury Secretary Hank Paulson in bailing out the nation's failing b...

By The Huffington Post News Team In a span of just three years, hedge-fund manager John Paulson went from practically unknown to practically unparalleled. After a series of smart bets against... In a span of just three years, hedge-fund manager John Paulson went from practically unknown to practically unparalleled. Afte...

By The Huffington Post News Team We believe that our proposal offers the best immediate and long-term value for Cadbury's shareholders and for the company itself compared with any other option currently available, including Cadbury remaining independent," said Kraft Foods Chief Executive Irene Rosenfeld.

By Fortune's Stanley Bing Other than that, you have to like the way Warren is thinking. It says that you don't have to be nuts or smoking something in order to put your money on the home team, which is not Wall Street -- it's America. It's a bet FOR something, not against.

By Alan Schram Berkshire Hathaway just made its largest acquisition ever, buying Burlington Northern Santa Fe Corporation, a railroad company, for over $35 billion. This is a large... Berkshire Hathaway just made its largest acquisition ever, buying Burlington Northern Santa Fe Corporation, a railr...

By The Huffington Post News Team NEW YORK � Warren Buffett's Berkshire Hathaway Inc. on Tuesday said it agreed to buy Burlington Northern Santa Fe Corp. in a deal valuing the... NEW YORK � Warren Buffett's Berkshire Hathaway Inc. on Tuesday said it agreed to buy Burlington Northern Santa Fe Corp. in a deal valuing the railroad at...

By Chip Conley Focus on the Long-Term. While short-term profits are the milk, smart investors and business execs understand that building a relationship with the cow is far more valuable in the long-term. Warren Buffett asks his CEO's to operate their businesses as if they were never to be sold or merged...

By Alice Schroeder In the trial, the defendants invoked a "Buffett defense," saying that Buffett had approved the outlines of the structured transaction and was involved in setting the fee. The question, however, was not whether Buffett knew about the transaction--he did--but whether he knew it was frau...

By George Mitrovich Rule Number Four: Never give a speech without citations from history or literature, and, from time-to-time, a line or two from poetry. You may dazzle as a speaker, but you will dazzle even more if you drop in quotes from Edward Gibbon (The Decline and Fall of the Roman Empire is as contempora...

By Dan Dorfman They're the ones operating on the delusional premise that the recession is history and that by mid-2010 the economic downturn, the real estate mess, rising unemployment, falling incomes and bashed banks will begin to become fleeting memories.

By Eric Schurenberg Want to profit from the Galleon insider trading case? Then take the hint: It's a waste of time trying to beat the pros at the stock picking game. They outgun you, and they don't always play fair. Far better to join them, by investing in low-cost index funds or ETFs, like Vanguard Total Stock Mar...

By The Huffington Post News Team Henry Paulson's bank bailouts, done under "great stress" during the worst financial crisis since the Great Depression, failed to win for U.S. taxpayers what Warren Buffett received for his shareholders by investing in Goldman Sachs Group Inc.

By Mike Elk Financial reform is still a top issue of many Americans. The media might not be covering it as much as it did a year ago, but for Americans who have lost their retirement savings, their jobs, and frequently their homes--it's still a huge issue. A poll recently released by the SEIU showed that 7...

By Alan Schram In addition, most banks do not have enough reserves to cover their losses from real estate still on their books. If they took the appropriate marks on their loan books, they would probably be insolvent. This will be a different kind of inflationary cycle. The dollar will decline, but Real est...

By Dylan Ratigan They called it credit derivatives -- where banks and insurers offer to effectively "insure" financial assets. For instance, they were used to insure much of the real estate and pension liabilities in America the past 10 years. And the second, exploit the lack of transparency and to hide th...

By Robert L. Borosage Terrific documentation made available by researchers at the Service Employees International Union (SEIU) provides the details. Citigroup received about $341 billion from taxpayers in the bailout, and dispensed $4.9 million for lobbyists in the nine months after the bailout and $5.6 m...

By Lawrence G. McDonald Term Limits for CEOs and Boards or Directors. If the President of the United States is limited to 8 years I say that's good enough for CEOs of giant banks. Power corrupts and the bottom line is the longer a CEO is in power the greater the number of his old pals seem to end up on Boards of Directors.We...

By Robert Teitelman The news in all this is exactly how far these deals proceeded before they were killed. The Morgan Stanley-J.P. Morgan deal never got very far, with both CEOs resisting it. The Goldman-Wachovia deal did get to early negotiations. Wachovia's Bob Steel, a former Goldman senior executive and a Pa...

By The Huffington Post News Team Legendary investor Warren Buffett indulged CNN readers by answering some of their questions, posed to the Berkshire Hathaway chief by reporter Poppy Harlow. Among the... Legendary investor Warren Buffett indulged CNN readers by answering some of their questions, posed to the Berkshire...

By The Huffington Post News Team Specifically, Sorkin reports on direct communication between government officials and Goldman Sachs, and scuttled deals that even caused Warren Buffett to raise an eyebrow. Sorkin quotes Buffett, who was offered to invest in a possible merged Goldman-Wachovia bank:

By Bruce Judson My analysis in It Could Happen Here concludes that without a vibrant middle class, the the American democracy as we know it, is not sustainable. Before the Great Recession, the middle class was in far worse shape than was generally acknowledged. In an economy with a record number of job seek...

By Don McNay He could also put his money in the stock market and make big gains.  Or lose his shirt.   Investing in the stock market can be like going to the race track.  There are going to be winners and there are going to be losers.  People should understand that any investment involves risk.  

By The Huffington Post News Team U.S. commercial banks earned $5.2 billion trading derivatives in the second quarter of 2009, a 225 percent increase from the same period last year, according to the Treasury Department. Last October Goldman received a $10 billion taxpayer bailout, which it repaid in June. The federal gover...

By Myriam Miedzian It is standard for industries to shift a majority of their contributions to whatever party is in power, so right now Democrats are getting more than Republicans. Is it surprising that it's looking more and more like we won't get a public option, that the major winner in the most recent Senat...

By James Altucher 9. Nuclear terrorism, part II (because I can't get enough of it). Warren Buffett once told me (well, he was on CNBC and told many people), "Over the next 100 years there is a virtual certainty of a nuclear warhead exploding on a populated area." How will it happen? What will be the result on the wo...

By The Huffington Post News Team Buffett, the billionaire investor who runs Berkshire Hathaway (BRKA, Fortune 500), said Tuesday at Fortune's Most Powerful Women Summit in San Diego that Lewis --... Buffett, the billionaire investor who runs Berkshire Hathaway (BRKA, Fortune 500), said Tuesday at Fortune's Most Powe...

By The Huffington Post News Team Could a voicemail that languished for months inside Warren Buffett's cellphone have saved Lehman Brothers? This is the tale recounted from Time's Karen Tumulty.... Could a voicemail that languished for months inside Warren Buffett's cellphone have saved Lehman Brothers? This is the tal...

By The Huffington Post News Team Warren Buffett, the renowned investor and the world's second richest man, told Senate Democrats that wealthy Americans need to pay higher taxes, giving Democrats something... Warren Buffett, the renowned investor and the world's second richest man, told Senate Democrats that wealthy...

By The Huffington Post News Team I think they drove a very hard bargain," said Elizabeth Warren, the panel's chairwoman and a law professor at Harvard University, referring to the Obama administration's Treasury Department. "But it may not be enough." The panel's report recommends that the Treasury Department consid...

By The Huffington Post News Team When so many others were running scared last autumn, Mr. Buffett invested billions in Goldman Sachs, and got a far better deal than Washington. He... When so many others were running scared last autumn, Mr. Buffett invested billions in Goldman Sachs, and got a far better deal than Washington. He...

By Yvette Kantrow No such controversy surrounds Charan, who is arguably not as slick a marketer as Penn, though effective nonetheless. But his relationship with Fortune is still an enviable one. Warren Buffett better watch out.

By Dan Dorfman This past week saw another dose of happy economic talk, with Goldman Sachs declaring the recession is over, J.P. Morgan Chase assuring us that the housing crisis is just about kaput and Warren Buffett telling us the economy is on a slow road to recovery.

By Dr. Paul Toffel Mr. Buffett, these two issues could be reconciled with a common sense health care reform plan proposed in the Los Angeles Times last week. Please refer to my previous post to see the details of a simple 5-point plan that could serve as a framework for effectively reforming our health care sys...

By Les Leopold As Wall Street gears up to pay itself outrageous sums again, even as we're bailing them out, it's possible that a majority of Americans would see the justice of having the super-wealthy pay their fair share. In a recent New York Times op-ed, Warren Buffet points out the dangers of the rising...

By Les Leopold In a recent New York Times op-ed, Warren Buffet points out the dangers of the rising U.S. deficit. But in doing so he refuses... In a recent New York Times op-ed, Warren Buffet points out the dangers of the rising U.S. deficit. But in doing so he refuses to point the finger at the obvious cause: the incre...

By Don McNay Many professionals, like real estate agents and others in the sales industry have the same kind of up-and-down incomes. McNay has Master's Degrees from Vanderbilt and the American College and is in the Eastern Kentucky University Hall of Distinguished Alumni.

By The Huffington Post News Team After putting out feelers to sell its Phibro commodities business, including a brief talk with the billionaire investor Warren E. Buffett, Citigroup is considering a variety of options.

By The Huffington Post News Team Were it not for government bailouts, for which Buffett lobbied hard, many of his company's stock holdings would have been wiped out. Berkshire Hathaway, in... Were it not for government bailouts, for which Buffett lobbied hard, many of his company's stock holdings would have been wiped out.

By Rob Johnson The subtle message was, "Get out of the way." Such was the Kool-Aid poured into our glass by the financial press and pundits. That capital avoidance and tax avoidance and regulatory evasion were involved in offshore and off- balance-sheet methods was rarely emphasized, as the notion of in...

By Chip Conley I had the good fortune of spending a couple of hours with Tony at the TED Conference earlier this year. Many colleagues who'd visited Tony at Zappos' headquarters in suburban Las Vegas had told me that my book, PEAK, was prominently displayed in their lobby and that Tony regularly quoted so...

By The Huffington Post News Team When Warren Buffet talks, the world listens. Now you can throw children into the legions of people who follow Buffett's advice. CNBC is reporting today... When Warren Buffet talks, the world listens. Now you can throw children into the legions of people who follow Buffett's advice. CNBC is repo...

By Dan Dorfman So what market strategy would he recommend? "I would be a buyer of stocks right now and go the Warren Buffett route: blue chips, and think long term." Wollin's favorite stocks -- his magnificent 7, all of which he sees outperforming the market over the next 12 months -- are Procter & Gamb...

By Nancy Tilghman 8 In a huge vote of confidence in its own stock, Goldman Sachs uses some of the $11 billion that it has set aside for bonuses so far this year to buy back the $5 billion dollars Buffett lent it last fall, freeing the firm from a hefty 10 percent dividend on Buffett's perpetual preferred shares.

By Dan Dorfman What nonsense! Unless you're referring to the likes of Warren Buffett or Bill Gates, the consumer's financial muscle has turned flabby. Aside from growing unemployment woes, the wicked loss of nearly $14 trillion in household wealth over the past 2 years, chiefly reflecting hefty decl...

By The Huffington Post News Team Some, including billionaire Warren Buffett, have called for a second round of spending to steady the economy. Obama and his allies have said it's too early to make that decision; his critics, though, pledged to redouble their opposition to any second spending bill.

By Don McNay I don't see Warren Buffet going on wild shopping sprees like Jackson or taking $600,000 to a strip club like Powerball Jack. Warren Buffett has a tremendous sense of balance. He earned his money himself, over a long period of time and his closest advisers are intelligent, wealthy and ground...

By The Huffington Post News Team In an interview this week with Good Morning America Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, said that Americans had been on... In an interview this week with Good Morning America Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, said that...

By The Huffington Post News Team Renowned investor Warren Buffett gave tacit approval to a second stimulus package in an interview today with "Good Morning America." Buffett criticized the first stimulus... Renowned investor Warren Buffett gave tacit approval to a second stimulus package in an interview today with "Go...

By The Huffington Post News Team Lunch with Warren Buffett is something we have always had on our 'dream list,'" Wolfe said. But Buffett is also known for his plan to gradually give most of his $36 billion fortune to five foundations over time. The biggest chunk of Buffett's Berkshire stock will go to the Bill & Melinda G...

By Michael Martin Maybe you believe that everybody on Wall Street are barren robbers...that the stock market is legalized gambling...that all mortgage brokers and real estate agents are unethical. Covel argues that does not give you a hall pass to leave your money unattended. You are responsible for the results...

By The Huffington Post News Team A Chinese businessman named Zhao Danyang paid a record $2.1 million in a charity auction on eBay last year to win a lunch date with... A Chinese businessman named Zhao Danyang paid a record $2.1 million in a charity auction on eBay last year to win a lunch date with one of his heroes: Warren E. Buffet...

By The Huffington Post News Team When will the recession end? Everyone's got an opinion. Warren Buffett recently said the U.S. economy is recession will end later this year.">still in shambles,... When will the recession end? Everyone's got an opinion. Warren Buffett recently said the U.S. economy is recession will end late...

By The Huffington Post News Team Put in a quarter, turn out the light, Magic Fingers makes ya feel all right," Jimmy Buffett sang in "This Hotel Room." Fox's News Channel's Brit Hume sang the Buffett lyric to former President George W. Bush and his father in a January interview when they mentioned a vibrating chair in the Ova...

 NY Russell is a subsidiary of Fruit of the Loom, which is owned by Berkshire Hathaway, headed by billionaire Warren Buffett. The NBA's deal with Russell is the apparel firm's biggest contract. Indeed, it is the biggest equipment deal in professional ...

By Robert Teitelman Michael Lewis has up at the New Republic a book review of Alice Schroeder's biography of Warren Buffett, "The Snowball: Warren Buffett and the Business... Michael Lewis has up at the New Republic a book review of Alice Schroeder's biography of Warren Buffett, "The Snowball: Warren Buffett...

By Judith Ellis Basically, four or five years ago, virtually everybody in the country had this model in their heads, formal or otherwise, that house prices could not fall significantly," Mr. Buffett said. He later added that "it was stupidity and the fact that everyone else was doing it." He said that if Moo...

By Thomas A. Bass The gross domestic product of the United States is $15 trillion. The money supply of the United States--all the greenbacks currently in circulation--is also about $15 trillion. The gross domestic product of the entire world is $50 trillion. The total value of the world's real estate is $75...

By Ellen Sledge Warren Buffett is here. Warren Buffett is everywhere. He greets you on an airport billboard, stressing the importance of college education. There he is again, on the cover of every book in the bookstore window display. The hotel signs say "welcome Berkshire shareholders." Next to the colleg...

By Mike Hegedus Ah yes, Omaha in the Spring. While the swallows are returning to Capistrano, the Berkshire Hathaway investors, 35,000 of them, are returning to hear the 'Oracle of Omaha' wax about the economy. Warren Buffett is holding court, ice cream cone in hand.

By Alan Schram For example, Buffett estimates that in the event of a major catastrophe, Berkshire would suffer between 3% and 4% of the total, nationwide losses. Even if such catastrophe amounts to $100 billion in total damage (for reference, Hurricane Katrina leveled about $60 billion of losses), Be...

By The Huffington Post News Team DALLAS – A Canadian man who dubbed himself the "Chinese Warren Buffett" faces federal charges of running a Ponzi scheme that targeted primarily Chinese-Americans and... DALLAS – A Canadian man who dubbed himself the "Chinese Warren Buffett" faces federal charges of running a Ponzi schem...

By Diane Francis On Sunday, Buffett gave a very scary interview on U.S. television about how the economy nearly collapsed in September. He said that the world is going through an "economic Pearl Harbor" that will take years to turn around only to end in serious inflation problems. Printing money to stimulate...

By The Huffington Post News Team Obama Campaign On Buffett: "We Look Forward To Him Helping Out Our Efforts." "'Warren Buffett is a great friend and an important force in the global economic community. We look forward to him helping out our efforts,' said Obama spokesman Bill Burton." (Celeste Katz, "Buffet Of Praise, Cas...

By The Huffington Post News Team Warren Buffett spoke to CNBC Monday morning where he expounded on his views of the economy, municipal bonds and the Obama administration's efforts to stave... Warren Buffett spoke to CNBC Monday morning where he expounded on his views of the economy, municipal bonds and the Obama administ...

By The Huffington Post News Team OMAHA, Neb. — Billionaire Warren Buffett says the economy has "fallen off a cliff" over the past six months and consumers have changed their habits... OMAHA, Neb. — Billionaire Warren Buffett says the economy has "fallen off a cliff" over the past six months and consumers have changed their ha...

By Alan Schram He did not reiterate his recommendation, made in October in a New York Times editorial, to buy American stocks, but did say America's best days are ahead, and that he was optimistic about the future and improving American standard of living over time. He also hinted that even if the economy...

By The Huffington Post News Team Berkshire subsidiaries include insurance, clothing, furniture, candy companies, restaurants, natural gas and corporate jet firms. Berkshire also has major investments in American Express Co., Kraft Foods, Coca-Cola Co. and Wells Fargo & Co.

By Bob Franken That's right. Warren Buffett. Think about it: The man is more popular than God. Probably richer. If he wanted, he could probably make the United States a subsidiary of Berkshire Hathaway, which has been run a helluva lot better than the country has.

By Diane Francis Wrong and here's why: The Omaha Oracle is wrong for you and me Warren Buffett's recent op-ed piece in the New York Times made a brilliant point, but was straight from the value-investor, long-term viewpoint: Buy bargains now when everyone flees and hang on for awhile. Far be it from me to con...

By James Berman When Warren Buffett speaks (which is rare outside his annual Berkshire Hathaway shareholders meeting), people should listen. Among all the TV pundits, hedge fund traders, economists, journalists and cocktail party guests, not one has as good an investment record.

By Dr. Judith Rich Lessons in Living: Part 2 The Wisdom of Eckhart Tolle and Warren Buffett I don't look for 7-foot bars to jump over, I look around... Lessons in Living: Part 2 I don't look for 7-foot bars to jump over, I look around for 1-foot bars I can step over. -- Warren Buffett

By David Paul Five years ago, billionaire investor and American icon Warren Buffett suggested that financial derivative products were "financial weapons of mass destruction, carrying dangers that, while... Five years ago, billionaire investor and American icon Warren Buffett suggested that fin...

By The Huffington Post News Editors In addition, GE announced that it has reached agreement to sell $3 billion of perpetual preferred stock in a private offering to Berkshire Hathaway, Inc. The perpetual preferred stock has a dividend of 10% and is callable after three years at a 10% premium. In conjunction with this offerin...

The Gates Foundation and the Catholic Church have the same goals. They are to keep the legacies for which they were created. For Bill Gates and Warren Buffett it is the control and legacy of family wealth as in the ancient days of the Pharos of Egypt. And by not paying any taxes, Gates will be more...

News coverage of Warren Buffett's $30 billion gift to the Gates Foundation left the impression that the record-setting donation was an open-shut feel-good story. After all, what evil could come from the world's second richest man pledging over three-quarters of his wealth to fight pre...