Warren Buffett Next Buys

Feb. 28 2011 | Discussing where the billionaire investor Warren Buffett will put his money in light of this weekend's comments that he's looking for companies to buy, with Robert Hagstrom, Legg Mason and CNBC's Kayla Tausche

Warren Buffett : Berkshire Hathaway is the Dumbest Stock I Ever Bought

By Ron Haruni|Oct 18, 2010,

Warren Buffet calls his 1964 decision to buy Berkshire Hathaway (BRKa)(BRKb) a $200 billion blunder, prompted by a urge to retaliate against the CEO who tried to “chisel” Buffett out of an eighth of a point on a tender deal.

From Buffett: “The dumbest stock I ever bought was, drum roll here, Berkshire Hathaway. And that may require a bit of explanation. It was early in 1962, and I was running a small partnership, about seven million. They call it a hedge fund now. And here was this cheap stock, cheap by working capital standards or so. But it was a stock in a in a textile company that had been going downhill for years. So it was a huge company originally, and they kept closing one mill after another. And every time they would close a mill, they would take the proceeds and they would buy in their stock. And I figured they were gonna close, they only had a few mills left, but that they would close another one. I’d buy the stock. I’d tender it to them and make a small profit. read full article >>>>

Buffett In Trouble with Anti Trust Cops Over Kraft Maneuvers?

Berkshire Hathaway (BRKA) “A” shares this morning are off by $118, a fraction of a percent, at $99,731 , according to an article this morning by the New York Post , Billionaire Warren Buffet could be in some trouble with the Government Anti Trust Cops :
"Billionaire Warren Buffett's decision to weigh in on Kraft's hostile pursuit of Cadbury may land him in hot water with Uncle Sam's antitrust cops.
In voicing his opposition Tuesday to Kraft issuing more shares in order to raise its offer for the British candy maker, sources familiar with the matter said the Oracle of Omaha may have tipped his hand about wanting to protect another candy company in which he has deep ties: Mars." The New York Post wrote this morning


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Buffett Investments vs S&P 500

Buffett Posts Worst Stock Performance Against S&P 500 in Decade

Berkshire Hathaway Inc., the company Buffett has led as chairman for more than four decades, advanced 2.7 percent on the New York Stock Exchange in 2009, less than the 23 percent return in the Standard & Poor’s 500 Index. It was Berkshire’s worst showing since falling 20 percent in 1999, compared with a 20 percent gain in the index. Berkshire beat the index in 15 of the last 22 years.
Via Businessweek

Buffett Goldman Bet 2009 and Beyond

Buffett's Goldman Bet: 2009 and Beyond

It's not too late to bet with Buffett on Goldman Sachs.

Fri 01/01/10 09:00 AM EST -- Don Dion

Stocks in this video: GS | SCHW | MS

Warren Buffett s Buy American - One Year Later

One year ago, even though the financial world was "a mess" and would probably get messier, Warren Buffett wrote in the New York Times that he was buying U.S. stocks to lock in a "slice of America's future at a marked-down price."
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Warren Buffett s GE Warrants Still Under Water One Year Later

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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