Warren Buffett Berkshire Hathaway Blog: April 2009

Thursday, April 30, 2009

Warren Buffett have taken a few hits during this crisis

April 28 : Warren Buffett have taken a few hits during this crisis Berkshire shares are down 30% last year , , Moodays have stripped it from its 3A rating , next coming Friday the company will announce its first quarter result to be very closely watched ....Charles Ortel, managing director at Newport Value Partners, talks with Bloomberg's Betty Liu about the performance of billionaire investor The Oracle of Omaha Warren Buffett source Bloomberg

Eveillard, Child, Pabrai, Birinyi on Berkshire on Warren Buffett

April 28 -- Jean-Marie Eveillard, senior investment adviser at Arnhold & S. Bleichroeder Advisers LLC, Bill Child, chairman of R.C. Willey, Mohnish Pabrai, founder of Pabrai Investment Funds and Laszlo Birinyi, president of Birinyi Associates Inc., speak with Bloomberg's Betty Liu aboutThe Oracle of Omaha investor Warren Buffett and his succession plans at Berkshire Hathaway Inc.Warren Buffett will play host to a record 35,000 people at Berkshire Hathaway's annual meeting in Omaha, Nebraska, on May 2 2009. Guests also discuss value-investment strategy in the current market situation. Source Bloomberg

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James Maguire Discusses Buffett, Wall Street Career

April 30 Source (Bloomberg) -- James Maguire, managing director at LaBranche & Co. and a specialist for shares of Berkshire Hathaway Inc., talks about his 60-year career on Wall Street and his relationship with The Oracle of Omaha and Berkshire Chairman Warren Buffett. Source Bloomberg

Warren Buffett To Reveal 1st Quarter Berkshire Hathaway Results next Friday

Warren Buffett will release the first-quarter results of Berkshire Hathaway May 8, six days after the company’s annual meeting to take place May 2nd in Omaha, Nebraska.

Berkshire has posted five straight declines on deteriorating results at insurance units and liabilities from derivative bets on world stock markets.

This data is expected very carefully by investors since Berkshire Hathaway has not had a pleasant 2009. Mr.Buffett has been heavily criticized for investing in companies such as Wells Fargo and American Express, which has been down in stock value.

On top of Buffett’s choice of stocks, there are doubts of any positive trend for Berkshire Hathaway. Berkshire may not do too well since it has business in the jewelry and housing market, which have been hit by the recent crisis
Others argue that Berkshire has had a good run and that Buffett has proven that investments can pay off if you know how to work with them. The Buffett Way is a book many consider to be helpful to learn to invest like the oracle of Omaha.

There is fear, however as to how the company will be continuing its successful investment streak like its shown in the past. With Byron Trott out, who is to say Berkshire will keep doing well without him? That is a major issue for stock holders of BRK and something to take into consideration before investing in the company.

Source Bloomberg
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Tuesday, April 28, 2009

Warren Buffett to Invest $230 million on Chinese car Maker BYD

Warren Buffett invested $230 million on BYD to buy a 10% stake. Warren Buffett believes Chinese auto-maker BYD has the potential to be the biggest car maker in the world.

BYD competitors say its too early to get carried away with the green car movement. With Japan, the U.S, and Korea all pouring money in to battery technology, China may have entered the race but the country is hardly in the lead.