buffett

It is not good enough to say that people like Mr Buffett are free to give away as much of their wealth as they please.

In a story line that mirrors Buffett's, Sokol grew up in Omaha, Neb. , delivered newspapers as a child and worked at a small grocery store.

For that matter, America loves Warren Buffett, just as it loved Sam Walton when he was the country's richest man.

Graham taught Mr. Buffett that at the heart of the relationship between management and shareholders is a profound conflict of interest.

Buffett also offered Berkshire shareholders few new details about how the company would function once he is no longer running it.

Buffett says he would not classify India as an emerging market, but a very big market.

When Buffett made that announcement, he said he believed Sokol had not done anything unlawful.

In fact he seems to have been quite persistent in pushing it, overcoming substantial scepticism on Mr Buffett's part.

Buffett's public comments over the years suggests a dividend is highly unlikely, at least while he is at the helm.

It raises the question of whether Mr Buffett is as canny an underwriter as Ajit Jain, who runs his catastrophe reinsurance business.

It has no compliance department to oversee the personal investments of the 20 or so employees who support Mr Buffett in Omaha, Nebraska.

But it does not always pay to follow Mr. Buffett's moves, at least when he buys preferred shares rather than common stock.

It has been a tough year for Buffett, by his own high financial standards.

Mr. Buffett called Mr. Munger, saying the two now had a new issue to address, according to a person familiar with the matter.

It included the size of a company, and whether it was a "value stock" (the kind pursued by Warren Buffett) to describe market behaviour.

Buffett now owns one of the largest railroads in the world, Burlington Northern, which he took private two years ago.

While I feel Mr. Buffett's homespun wisdom has never been more timely, in my experience it has never been more difficult to implement.

Mr Buffett acknowledged as much in his column for The New York Times and advised investors not even to try to time the market.

Buffett internalized the concept, but had an interest in taking it a step further.

Part of the company's appeal to Wall St. is the fact that Warren Buffett's investing track record over the last 30 years is unequaled.

He said the main driver for Mr. Buffett's interest in the country 'is to participate in the massive growth that is coming. '

It is all part of plans Buffett kicked off in 2006 to give away the bulk of his vast fortune to charity.

Many young Chinese were stunned when Buffett said he was giving most of his wealth to the Gates Foundation.

Mr Buffett believes taxes on the "mega-rich" ought to go up, in the name of both fairness and debt reduction.

"The only way to get somebody who agrees with you 100 percent is to run yourself, and I have no interest in that, " Buffett said.

Mr. Buffett: I called him and he was on the move so I didn't hear back from him for a while.

Mr. Buffett's stock picks used to drive the train; lately, they are more like the caboose.

It was that anyone noticed, for Mr Buffett's assertion that the rich should pay more is hardly as bold as it seems.

Mr. Buffett didn't ask when he purchased the stock or how much he had spent.

But Buffett told CNBC he had been "hit between the eyes" by the advantages the company enjoys in finding and keeping clients.

But Mr Buffett added he would give them a pass because he did not "cover himself with glory" during the downturn either.

'He gets more done in a day, ' Buffett told Fortune, 'than probably I get done in a week, and I'm not kidding. '

Mr. Buffett said the company's results show the global economy is showing significant signs of recovery for the first time.

He said the board approved Mr Buffett's investment during a special meeting on September 23, 2008.

It was an unusually public smackdown for an investor used to operating behind closed doors. Rosenfeld and Buffett declined to comment.

Mr Buffett eschewed technology shares, explaining that he would not invest in things he did not understand.

Brady said he thought Buffett was overreacting but agreed to call back again.

Warren Buffett: The billionaire from Omaha so far has appeared to be leaning a bit more towards China, at least in terms of investments.

Warren Buffett now says his overall tax rate is lower than that of his secretary; one of many examples of this outrage.

For a while, Buffett stared at the phone, "as depressed as I have ever been" .

Buffett tends to be a long-term investor and has held positions in corporations like Coca Cola for years.

To see how this can be done, consider the case of Berkshire Hathaway, the holding company run by the legendary Warren Buffett.

Everything about this deal is big--from the price tag (Buffett's largest ever) to the scale of the company's business.

'We'll have a modest partnership interest, ' Mr. Buffett said in an interview, though he didn't specify how much he would invest.

Mr Buffett has said he is prepared to hold his investments for a long time - until they come good, says our correspondent.

Ms. Wolfe will have to wait up to a year to get on Buffett's lunch schedule, so isn't yet sure exactly what she'll ask him.

And Slim, intriguingly, seems to be on the other side of the question from Buffett.

Mr. Buffett made it clear he has no plans to relinquish any of his jobs.

Under the system Buffett put in place when he announced his massive donation, the number of shares he hands over declines by 5% a year.

But why would Mr. Buffett now go out of his way to whitewash Mr. Sokol's departure?

In other words, it is trying to emulate the capital discipline of ExxonMobil, the company Mr Buffett probably should have bought.

Lamott said eBay officials confirmed that this year's lunch with Buffett was the most expensive charity item the site has ever sold.

He made reference to that again after Buffett recounted how 'Obama sort of stopped talking to you' after the election.

Mr Buffett's $5bn infusion comes in the form of a private placement of perpetual preferred stock, the company said.

Whether or not Mr Buffett is in fact as irreplaceable as it suggests is beside the point.

That's why it's easy to imagine that Combs will never be Warren Buffett, no matter what he brings to Berkshire.

Even Mr Buffett, as happy as he must be with his investment in Moody's, crunches his own numbers when using derivatives.

Buffett decided to make the annual donation of his time because his late wife, Susan, had been a volunteer at Glide.

Mr. Sokol told Mr. Buffett that he had not hoped to be Mr. Buffett's successor, and was resigning for reasons unrelated to those trades.

Mr. Buffett, in his news conference, said the company 'will try to minimize mistakes we make in the future. '

In the U. S. , Gates and Buffett are working to persuade fellow billionaires to give at least half their wealth to charity.

Buffett applied to Harvard Business School but was turned down in what had to be one of the worst admissions decisions is Harvard history.

If Buffett thought there was even a meaningful chance of that happening he would not buy back any stock.

Mr. Buffett separated from his wife, Susan, in1977 but remained married to her until her death in 2004.

So those businesses have been slow to improve, but Buffett predicted the U. S. housing market will begin to recover within the next year.

Buffett caused an uproar in August when he said the wealthy should be subject to a higher rate of tax.

As it turned out, his father responded with 'only this unconditional love . . . an unconditional belief in me, ' Mr. Buffett says.

Buffett did make a bit of a slip of the tongue when discussing the issue, calling it a 'problem, ' then quickly recovering.

While Mr Buffett's advice is sound in principle, it is not easy to put into practice.

Buffett's goal was to top the Dow Jones Industrial Average by an average of 10% a year.

That's how much we forked out for the privilege of dining with Warren Buffett on June 25.

Mr. Buffett has famously said that he sealed the name of his successor in an envelope in his office in Omaha, Neb.

There is an easy-to-read book that explains his approach to fundamental analysis - The Buffett Way by Robert G. Hagstrom.

'I said I'll pay $35. 05, and you can say you got the last nickel out of me, ' Mr. Buffett said.

Buffett, the largest shareholder in Goldman Sachs, meets with the President, the next day Goldman settles for chump change.

The derivative problems seem to have accelerated, though Buffett is probably doing better this quarter with the stock index derivatives.

Many of these sales came as a shock to investors. Market spectators began to wonder if Buffett was turning negative on U. S. equities.

In the statement, in which Mr. Buffett announced Mr. Sokol's resignation, Mr. Buffett said he believed the stock purchases weren't unlawful.

That the meeting just yesterday between Warren Buffett, Goldman Sachs largest shareholder, and the President was just coincidence.

On Saturday, Buffett said the company hasn't really been active in foreign exchange lately.

So if it was not pure altruism that motivated the philanthropy of Buffett and Gates, what was it?

In 1985, Buffett shut down the textile business, but continued to use the name.

But just when Mr Buffett was limbering up to take advantage of the worsening climate, out come sovereign wealth funds to steal his thunder.

The push by Mr. Buffett and Mr. and Ms. Gates is publicizing what had been a private matter for many wealthy people.

As a resolute technophobe, Buffett sat out the incredible run-up in technology stocks during the late 1990s.

Warren Buffett has recorded a big loss on a troubled investment, one he made near the height of the leveraged-buyout boom.

It has been quite a year for Warren Buffett, which means next year will be quite a year for Bill Gates.

Buffett and his investing company, Berkshire Hathaway Inc. (BRKA, BRKB), have had a mixed record on investments in recent years.

Mr. Buffett said he was loath to part with Berkshire shares but that doing so was 'necessary to get the deal done. '

Among those who seem to have reached a similar conclusion is Warren Buffett, the wealthychairman of Berkshire Hathaway.

Buffett explained it years ago in an annual report: Whether a stock is priced low or high, he said, it's ownership in the same company.

Succession is 'all we talk about [at board meetings], ' Buffett told Vanity Fair's Bethany McLean.

Neither Mr. Buffett nor Mr. Munger was concerned, a person familiar with the matter says.

Mr. Willumstad says Mr. Buffett 'basically said the company was too complicated. '

Mr. Buffett said he scooped up corporate and municipal bonds in 2009, which he called 'ridiculously cheap. '

High-frequency trading is as far removed from the approach of Warren Buffett as it is possible to get.

Berkshire officials in Omaha, where the 79-year-old Buffett is based, did not immediately respond to a message.

When Warren Buffett said he was 'dead wrong' to invest in ConocoPhillips, Conoco chief James Mulva must have taken note.

Buffett said Wednesday that David Sokol's resignation letter, delivered by his assistant late Monday, came as a "total surprise. "

The stock market may have rallied partly on the suggestion that Mr. Buffett believes that the U. S. economy itself may be a bargain.

And here comes Warren Buffett, who has made about $40 billion being righter about this stuff than anyone, ever, with a timely warning.

'Warren Buffett is an idiot, ' he said, emphatically, in a short interview after the speech.

A few days earlier each spring, Munger answers questions alongside Buffett for hours at the Berkshire shareholders meeting in Omaha.

A Goldman Sachs spokesman declined to comment and Buffett did not return a message left with his assistant seeking comment.

Someone came out to the stage and told Buffett he had a phone call from the Treasury.

It was the alternative-fuel side of the business that excited Mr Buffett, and here too there have been problems.

Money is a means of keeping score rather than an objective in its own right: the fun, Mr Buffett has said, is watching it grow.

Mr. Buffett's move appears to be a bet that the freight industry is poised for recovery, though it hasn't shown much of a rebound yet.

Buffett also said that Berkshire had increased its holdings in a leading US bank, Wells Fargo, but did not give details.

As a famously canny value investor, it is hardly surprising that Mr Buffett has an excellent understanding of his own value.

NEW YORK (Reuters) - Warren Buffett has a Chinese car problem, and he may be tempted to fix it himself -- at a cost of billions of dollars.

Whether or not his remarks result in a Monday (rally) remains to be seen. Buffett is a long-term investor, not a timer.

Buffett said he was very lucky that he was born in good families, parents give him a good mind.

Says bulk of his wealth will go to the Buffett Foundation when he and his wife pass away.

One of the world's most influential financiers, Warren Buffett, is investing $5bn in the Bank of America.

By turning up the risk dial, Mr. Buffett can take market share from competitors less willing or able to do so.

Investor Warren Buffett had said the US government is generally taking the right steps to aid economic recovery.

That would mean a bit less fawning adulation for Gates and Buffett and a bit more old-fashioned scepticism.

He adds that coming decisions by Mr. Buffett could telegraph how the company will deal will future management changes.

Warren Buffett has blasted the controversial takeover of Cadbury by Kraft, and revealed that he would block the deal if he could.

Importantly Buffett did say that if events continue like the last few weeks it will change things.

Television interviewer Bob McCartney of KETV in Omaha asked Buffett if he thought the wallet bidding would get to the seven figure mark.

Buffett tends to piggyback his bridge partner, a young former software engineer named Bill Gates.

Such wariness is a hallmark of Mr. Buffett's investing style, and many on Wall Street have wondered when he might jump in.

Exceeding the gram "Mao" must become overdo and stare huge eyes seeing at her, is like very shocked, "do not you even know Buffett? "

Buffett has said he uses weekly railroad data as a proxy for the economy's health.

About a week after this second, larger purchase, he recommended Mr. Buffett buy the chemical firm.

"I don't have a problem with the Abacus transaction at all, and I think I understand it better than most, " Buffett said.

The winning bidder, whose name was not disclosed, will be able to invite seven friends to have lunch with Buffett.

It should also not be overlooked that Buffett may be selling shares because he has found a better opportunity elsewhere.

Buffett is against provisions that would require Berkshire to set aside billions in capital to cover derivatives contracts it has written.

The bottom line : Bloomberg data show 45 companies that match up with the takeover goals Buffett outlined in his latest shareholder letter .

In a recent New York Times oped article, Warren Buffett asserts that the super-rich do not pay enough taxes.

In Wednesday's statement, Berkshire said Sokol reiterated as much to Buffett before Buffett announced Sokol's resignation.

Buffett has always planned to give the bulk of his wealth to charity, but insisted that it would occur posthumously.

Indian investors were thrilled to hear that veteran American investor Warren Buffett is planning to visit India in March next year.

A report from the company's audit committee said Wednesday that David Sokol broke company trading rules and lied to CEO Warren Buffett.

He sees himself as a man of integrity -- and the Buffett culture reinforced such beliefs.

As he and Mr. Buffett give away more of their fortunes to charity, the individual Waltons could well wind up cracking the top five.

Buffett has been a supporter of Obama's since he was a presidential candidate.

Berkshire's valuation has progressed steadily downward of late, turning the so-called "Buffett premium" into a "Buffett discount" .

Mr Buffett admitted to thousands of shareholders gathered in Omaha for the company's annual meeting that he'd made a big mistake.

Near section time, "the stock god" Buffett becomes the capital market once more focal point.

Buffett said he and Gates and others to the entire United States of America's richest people, call the seven, 80 Tel.

Any assessment of Mr. Buffett's record would be skewed if it focused too much on timing.

Warren Buffett also avoids these lavish material items, stating, "Most toys are just a pain in the neck. "

Mr. Buffett remembers September 2008, when the financial crisis came to a head, as one of the most hectic months of his career.

'Byron is the rare investment banker who puts himself in his client's shoes, ' Mr. Buffett wrote in his 2008 letter to investors.

Kraft's largest shareholder, the billionaire investor Warren Buffett, has warned the company against overpaying for Cadbury.

Mr. Buffett said he would look over information about the deal.

Buffett is, of course, one of Mr. Nelson's constituents and a donor.

Mr. Buffett called Mr. Munger and told him of the pitch, and mentioned that Mr. Sokol held Lubrizol stock, the person says.

The winner and up to seven others will dine with Buffett at the Smith & Wollensky steakhouse in New York.

Mr. Buffett said an 'overwhelming' part of the future investments of Berkshire's businesses would be in the United States.

"Bill Gates and Warren Buffett are idolised by Chinese entrepreneurs, " he said.

Already, doubters have emerged who believe Mr. Sokol won't be able to pull off the deals Mr. Buffett has.

The succession question, however, has been a drag on the stock. Many investors worry that Buffett can't be replaced.

Bill gates and buffett will donate most of their wealth to the charity, what's more they want to call upon the rich to donate.

Mr. Buffett slammed the door on one opportunity after another during the most harrowing stretch of his storied career.

Buffett was asking for some kind of gold-star treatment for Salomon, and the firm did not deserve it.

Mr. Buffett said he learned of the extent of the stock purchases shortly before beginning a trip to Asia on March 19.

'The larger the company, the greater will be our interest, ' says Buffett and his partner Charlie Munger in the annual report.

Mr. Buffett tends to go for more stable blue chips with strong cash flow.

World's richest man Warren Buffett is well known entrepreneurs and financial investors is known as the "generation of Warren. "

BYD, partially owned by investor Warren Buffett, said its car sales in January fell 15% to 52, 054 vehicles compared with a year earlier.

Buffett has said previously that the company has three outstanding internal candidates for CEO, but he has refused to name them.

Warren Buffett, who bought $5bn of the company's shares in January, has already made a $1bn gain on his investment.

Warren Buffett declared that "by any common sense definition" America was already in a "recession" and that the housing slump was hurting.

Buffett, however, created the largest mutual fund in the world, with him alone making the investment decisions.

Schroeder characterized the birthday gift as part of Buffett's habit of using money as a means of control.

Buffett went off to another conference room to call the Treasury, seeking a stay of execution.

Buffett said he's looking for more big acquisitions to boost Berkshire's earnings power.

Mr. Buffett said he told Mr. Rose, ''if you'd ever be interested, we'd certainly be interested. '

After listening to a pitch for about 10 minutes, Mr. Buffett said he wasn't interested.

Mr. Buffett, who says he has no ownership stake in Dayang, especially likes that his new suits are wrinkle-resistant.

Buffett -- like the fictional book and movie character Willy Wonka who owned a magical chocolate factory -- knows candy.

For Buffett right now at least, this is not a time for fear. This is a time for action.

Tax experts pored over the details of Mr. Buffett's letter hoping for a glimpse into his compensation and financial dealings.

When asked whether Ben Bernanke should be re-appointed as Federal Reserve Chairman, Buffett said 'I don't see how you could do better. '

Buffett said he expects stock prices to grow before the equity derivatives expire several years from now.

Just like any Buffett disciple would do, Exxon was fearful when others were greedy and is now being greedy when others are fearful.

Buffett has always maintained that as long as he can reinvest his cash at a reasonable rate of return, it's better to retain the money.

If we see that all over the sky in the snow, wind and snow Scorning This Old Buffett has been in preparation for a snowball.

Afterward, he says, he strolled around Omaha, hoping that he might bump into famed investor Warren Buffett, who lives there.

Since then Buffett began to carefully carry on insurance business and called it "the next few decades the most important source of income. "

Corrigan took Buffett's threat to leave more seriously than the other regulators had, however.

Mr. Buffett said 'neither Dave nor I feel his Lubrizol purchases were in any way unlawful' and weren't a factor in his decision to resign.

Like Buffett, Superman Li (as he's known by locals), is no fool with his money.

One of Buffett's most famous quotes comes from 2003, when he presciently described derivatives as "financial weapons of mass destruction" .

WARREN BUFFETT describes his latest deal as "an all-in wager on the economic future of the United States" .

At age 79, Mr. Buffett has no plans to retire, but he wants to ensure that Berkshire's businesses will endure for decades after he is gone.

None of the regulators believed that Buffett would walk; they felt he had too much money and reputation at stake.

What does Warren Buffett, billionaire investor and economic soothsayer, like this week?

NEW YORK (Reuters) - Warren Buffett is going long on America, and investors are likely to take note when markets open on Monday.

Since Howard Buffett scratched no backs , his own back went unscratched , and his son's as well .

Last month, Warren Buffett upset many of his "mega-rich friends" by what he stated categorically in a New York Times op-ed.

The decision to emulate Bill Gates and Warren Buffett was motivated in part, he concedes, by a desire to preserve his name.

Schroeder began working on the book in 2003, a year before Buffett's first wife, Susie, died of oral cancer.

Mohnish brought along his wife and two daughters, who sat on either side of Buffett.

Contract law tends to side with Buffett, as does Nebraska Senator Ben Nelson.

Mr. Simpson, who has autonomy over Geico's investments, is 73 and would have been able to step into Mr. Buffett's shoes if needed.

Warren Buffett, America's investor-in-chief, pops up to warn of potential political instability.

Some retail investors complain that they have neither Mr Buffett's wealth nor his ability to stay in for the long term.

Your stall-picking strategy reminds me of Warren Buffett's comment that "diversification is a protection against ignorance" .

Mr Buffett was speaking a week after announcing that Berkshire Hathaway had sold its entire stake in PetroChina, the Chinese oil group.

What does Warren Buffett's message to stockholders mean for you and your money?

There have been numerous books that have tried to divine exactly how Mr. Buffett goes about selecting his investments.

You may not be able to build a $50 billion fortune, but there are plenty of ways you can be your own Warren Buffett.

Buffett senior is prepared to let all of them carry on.

Mr. Buffett is putting tens of billions of dollars into a company that he thinks has only moderate growth prospects.

Warren Buffett has spoken of policies that have force-fed overseas investors "a few billion" dollars a day.

Buffett, who controls one-third of Berkshire's voting stock, is sending a strong signal that he believes his shares are undervalued.

Buffett is tipping his hat to Jobs, but acknowledging that the company will continue with or without him.

Mr. Buffett and Mr. Rose met again the next day, this time at Mr. Buffett's hotel.

All of these purchases have caused Buffett to dispose of many stocks to replenish the coffers at Berkshire Hathaway.

He had yet to speak with Mr. Buffett, who didn't make it to San Francisco for an auction count-down celebration.

Buffett has two large advantages that the average investor doesn't have, advantages that are often overlooked by those who try to mimic him.

Buffett's name came up, but he wasn't the only possibility who has more experience in the private sector than in government service.

True, Mr. Buffett is getting high-yielding preferred stock and warrants on terms that I can only dream of.

Warren Buffett at the annual shareholders meeting of his Berkshire Hathaway investment group this year.

Buffett, however, has indicated that he has no plans to retire, and he says he loves his work and remains in good health.

It has drawn the attention of billionaire investor Warren Buffett and been named as a potential saviour of the world's car industry.

The revelations throw into question Mr. Buffett's carefully crafted succession plan, one of America's most widely watched boardroom dramas.

Over the years, Warren Buffett has recommended many books in a variety of venues about a variety of subjects.

If you want to duplicate the creativity of the master, Buffett, buy shares of his company, Berkshire Hathaway.

Buffett also reminded investors that Berkshire has little chance of matching its past stellar performance because the company is so large.

Buffett ran his five paper routes and even added magazines to round out his product offerings.

Buffett jokes that in another life he would probably have been devoured by a wild animal.

Mr Buffett said the US was taking the right steps to aid the economy Mr B.

The other is Todd Combs, a youngish fund manager whom Buffett plucked from a hedge fund to help run the investment portfolio.

On the face of it , Mr Buffett's gambit looks both unwise and uncharacteristic .

Fixed-dollar investments will be eaten away by inflation over the long term, Buffett added.

Mr. Sokol, after discussing the deal with Messrs. Buffett and Abel, decided to make an offer.

Indeed, Mr. Buffett likely made a bet on Goldman because he felt comfortable with the valuations on its balance sheet.

Few executives in corporate America are as revered as Mr. Buffett, as much for his integrity as his investment acumen.

Buffett's annual letter, released Saturday, is brimming with references to the strength of the American people, economy and spirit.

I follow what Warren Buffett invests in, and read anything I can about his point of view on the market.

WARREN BUFFETT, one of the world's most famous investors, once called derivatives "financial weapons of mass destruction" .

But Schroeder believes Buffett also takes advantage of his "bathtub" memory.

While not known as a fashion plate, Mr. Buffett says his Trands suits transformed his image.

Under the system Mr. Buffett devised when he announced the donation, the number of shares declines 5% annually.

Warren Buffett, high priest of the "buy and hold" view, is one of America's most trusted citizens.

On May 15th, and in a new age of optimism, Warren Buffett and Carl Icahn detailed large separate stakes in railway companies.

Natural catastrophes that produce life insurance losses of this order are very unusual, " Buffett says. "

Goldman would love to pay the money back, but Buffett clearly is in no hurry.

If Mr. Buffett wanted to return cash to shareholders, it's possible he might buy back Berkshire shares, Mr.

This isn't some new intellectual breakthrough on my part: It's right out of the Warren Buffett playbook.

Buffett oversees virtually all derivatives contracts on the company's books.

GE shares closed at $10. 43 on Monday, which means Buffett's GE warrants remain deeply out of the money.

This brings me to my main topic, Warren Buffett's announced gift of over $30 billion to the Bill and Melinda Gates Foundation.