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Tuesday, October 27, 2009
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Sunday, October 25, 2009
Source : The Washington Post
Friday, October 23, 2009
Said Warren Buffett In a video interview taped a month ago, and released the 20 October 2009, Business Wire CEO Cathy Baron Tamraz asks Buffett what he thinks will happen with the economy in the fourth quarter of 2009 and into 2010.
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The "Oracle from Omaha" weighs in on what's next in the payment industry and the economy at large. Business Wire CEO Cathy Baron Tamraz sits down with Mr. Buffett in an exclusive PYMNTS.com interview.
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Monday, October 19, 2009
Warren Buffett and members of his inner circle shed some light on what will happen to Berkshire Hathaway when the billionaire investor steps down.
Warren Buffett and board member Bill Gates chatted with Bloomberg about Berkshire and the potential succession plan. The two names that pop up most frequently in the discussion are David Sokol and Byron Trott. Sokol is currently the CEO of one of Berkshire's companies, MidAmerican Energy. Trott, on the other hand, was a longtime banker at Goldman Sachs who has worked with Buffett on numerous deals in the past
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Monday, October 12, 2009
Warren Buffett's warrants to buy almost 135 million General Electric common shares are still worthless, as they have been for almost the entire time since Berkshire Hathaway's $3 billion investment in the company was announced exactly one year ago today. That's in sharp contrast to Buffett's Goldman Sachs warrants, now worth about $3 billion. But the primary motivation for both deals, a 10 percent annual return on a total of $8 billion in loans to the two company, is still paying off handsomely
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Saturday, October 3, 2009
Warren Buffett Loses $10 Billion But Keeps Runner-Up Ranking in Forbes 400
By: Alex Crippen
Warren Buffett and Forbes
Warren Buffett tops the list of the biggest losers among America's richest billionaires, with an estimated $10 billion drop in his personal wealth over the past twelve months. That's the result of Berkshire Hathaway's 20 percent stock decline.
But Buffett's remaining $40 billion is still enough to maintain his number two ranking on the just-released annual Forbes 400 ranking of the country's wealthiest people.
Microsoft founder Bill Gates, Buffett's friend and bridge partner, also kept his #1 position, with an estimated $50 billion. That's down $7 billion from last year.
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