Warren Buffett prefers waiting to start of April to assess Berkshire Hathaway annual meeting: Omaha mayor

(Reuters) – The mayor of Omaha, Nebraska said on Wednesday that Warren Buffett would prefer to wait until one month before Berkshire Hathaway Inc’s (BRKa.N) annual shareholder weekend to decide whether to change its plans because of the coronavirus outbreak. Speaking at a news conference, Mayor Jean Stothert said she spoke with Buffett on Monday, and he expressed a preference […]

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Buffett calls for more accountability for corporate directors

(Reuters) – Warren Buffett on Saturday called on corporate America to make their boards of directors more accountable to shareholders and less beholden to chief executive officers, perhaps by reducing their pay and requiring that they buy more stock. In his annual letter to Berkshire Hathaway Inc (BRKa.N) shareholders, Buffett said pay for outside directors has “soared” to levels that […]

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Warren Buffett protégé Tracy Britt Cool leaving to create her own Berkshire Hathaway for smaller companies

How Warren Buffett hand-selected Pampered Chef CEO as his protégé Pampered Chef CEO Tracy Britt Cool discusses her business relationship with Berkshire Hathaway CEO Warren Buffett — and how she eventually became his protégé — ahead of the company’s annual shareholder meeting in Omaha, Nebraska. Berkshire Hathaway’s executive Tracy Britt Cool announced her departure from the investment firm to create […]

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Warren Buffett: His Best Investing Strategies, Stocks, and Advice

Anyone interested in the stock market, investing, or money matters has likely encountered Warren Buffett's stock picks, advice, or legendary tales. He holds the title as the greatest investor alive, and unlike many billionaires, he's willing to teach us how to financially fish. Continue Reading Below But with so much out there, it's hard to narrow it down to the […]

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Warren Buffett says U.S.-China trade war 'bad for the whole world'

(Reuters) – Warren Buffett said on Monday that a trade war between the United States and China would be “bad for the whole world.” Buffett spoke after U.S. President Donald Trump tweeted on Sunday that he will raise tariffs on $200 billion of Chinese imports to 25 percent from 10 percent beginning on Friday, and “shortly” slap a 25-percent tariff […]

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Warren Buffett: Berkshire discloses enough about itself

OMAHA, Neb., May 4 (Reuters) – Warren Buffett on Saturday rejected a frequent criticism that his Berkshire Hathaway Inc does not disclose enough about its more than 90, often large operating businesses or its common stock investments. Buffett defended Berkshire’s disclosures in responding to three questions at Berkshire’s annual shareholder meeting in Omaha, Nebraska. Meyer Shields, of Keefe, Bruyette & […]

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Warren Buffett knocks down rumors that he’s buying PG&E

PG&E possibly facing $30 billion in legal liability from recent wildfires Former California gubernatorial candidate John Cox (R) discusses how PG&E may face $30 billion in legal liability from the recent California wildfires. Warren Buffett has debunked a report that said his conglomerate was in talks to buy the embattled California utility company PG&E. Continue Reading Below On Wednesday, Buffett told […]

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Why Warren Buffett Thinks JPMorgan's Stock Could Soar

These days, the financial sector seems cheap … very cheap. Despite the U.S. economy's continued growth, investors appear to be anticipating the end of the 10-year bull market and a subsequent downturn, which would drag financial stocks along with it. Yet the pessimism around banks has attracted at least one famous investor: Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) Chairman and […]

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