Warren Buffett
Warren Buffett is considered one of the greatest investors of all time. Through his Berkshire Hathaway (NYSE: BRK.a) holding company, Buffett has accumulate great wealth, and in 2007 was number 3 on Forbes list of richest people in the world, behind Bill Gates and Carlos Slim.
Over the last 44 years (1965-2008), the book value of Buffett's Berkshire Hathaway has grown from $19 to $70,530 - 20.3% compounded annually. The overall gain for the time period is 362,319%, versus 4,276% for the S&P 500. 2008 was Mr. Buffett's worst year ever due to the housing, credit and stock market meltdowns. He lost 9.6% decline in per-share book value in 2008. His only other losing year was 2001 with a 6.2% drop.
Buffett is often called the "Oracle of Omaha". Buffett is from Omaha, Nebraska and continues to operate from there.Buffett is also a great philanthropist. In 2006, Buffett made plans to give a vast majority of his wealth to the Bill and Melinda Gates Foundation. Buffett and fellow billionaire Bill Gates have become good friends over the years in part due to their love of the card game bridge. Check out Warren Buffett's portfolio here.
OMAHA, Neb.--(BUSINESS WIRE)-- Berkshire Hathaway Inc. (BRK.A; BRK.B): Berkshire's operating results for the third quarter and first nine months of 2009 are summarized in the following paragraphs. However, we urge investors and reporters to read our 10-Q, which has been posted at www.berkshirehathaway.com. The limited information that follows in this press release is not adequate for making an informed investment judgment. For this reason, whenever possible, we will post our report on a Friday afternoon so that investors and reporters have a maximum amount of time to digest the information contained therein before ...
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Here is a list of the top news items from this week on Wall Street:
1. The unemployment rate rose over 10% this week, marking the first time since 1983. Data from the labor department showed that employers cut another 190,000 jobs last month, pushing the rate of unemployment up from Septembers 9.8%. Although economists had been expecting the unemployment rate to drop to just 9.9%, shares rose sharply on Thursday, closing above the heavily-watched 10,000 level.
2. The Fed held its key interest rates at the 0-0.25% range this week. As this had been expected by traders, the real speculation was related to the language used in the FOMC statement: to keep rates "exceptionally low" for an "extended period".
3 ...
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HOUSTON and KEMAH, Texas, Nov. 6, 2009 (GLOBE NEWSWIRE) -- American International Industries, Inc. (Nasdaq: AMIN) Chairman and CEO Mr. Daniel Dror announced that AMIN is aggressively studying new potential business opportunities through mergers, acquisitions and/or investments to expand and diversify its present business segments and increase profitably. This growth and expansion plan will have as its priority new, next generation businesses and technologies. AMIN will utilize its experience, capital, contacts and market strength to identify potential opportunities in critical service and supply industries. The top two worldwide industries are in the energy sector, specifically petroleum and electricity, while the third largest industry worldwide deals with the supply of potable water to mankind. Water is critical to the survival of humanity and worldwide shortages may become more severe in the coming ...
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Shareholders Foundation Announces Lawsuit Against Burlington Northern Santa Fe Corporation Board of Directors
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A.M. Best Places Ratings of Berkshire Hathaway Inc.'s Subsidiaries Under Review with Negative Implications
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 04 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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Fitch Places Berkshire Hathaway on Rating Watch Negative
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Seven Cities Launch Collaborative Efforts to Improve College Graduation Rates
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 03 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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S&P May Cut Buffett's Berkshire Hathaway (BRK.a) Rating By As Much As Two Notches
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Berkshire Hathaway's AAA rating may be cut by S&P
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ETF Movers: XLF, XLB, TAN, USO, GLD Up; FAZ, IYT, KRE Lower
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Checkers(R)/Rally's(R) Selects McLane for Distribution
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Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Burlington Northern Santa Fe Corp. - BNI
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The Ritz-Carlton Destination Club and Marquis Jet Unveil New Partnership
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Several Brokerage Firms Change Rating on Burlington Northern Sante Fe (BNI) Day After Warren Buffett Steps In
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Form SC 13D/A BERKSHIRE HATHAWAY INC
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Buffett Confirms He Bought Burlington Northern (BNI) As a Hedge Against Inflation
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Form 8-K BERKSHIRE HATHAWAY INC For: Nov 02
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 02 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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Wolf Haldenstein Investigates Burlington Northern Santa Fe Corp. Proposed Acquisition
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Is Buffett's Burlington Northern (BNI) Bet A Signal Of Future Inflation? (Update)
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Unusual 11 Mid-Day Movers 11/03: LNY, BNI, DDRX, BDK Higher; CKEC, TPGI, CHTP, CMLS Lower
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Baird Upgrades Union Pacific (UNP) Amid Berkshire/Burlington Northern Deal
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Harwood Feffer LLP Investigates Berkshire Hathaway Inc.'s Proposed Acquisition of Burlington Northern Santa Fe Corporation
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Morning Movers 10/03: BNI, DDRX, BDK, AIMC, RTEC, MEDW Higher; CKEC, TPGI, IBCP, NSTC, CMLS, HEB Lower
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Kendall Law Group Investigates the Burlington Northern Acquisition for Shareholders
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Notable Mergers and Acquisitions of the Day 11/3: BRK.B/BNI, SWK/BDK, PEET/DDRX
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Buffett Takes A Ride On the Burlington Northern (BNI) Railroad, Announces $44 Billion Takeover
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Update on Proposed Acquisition of Burlington Northern by Tripp Levy PLLC
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Burlington Northern (BNI) volatility flat at 36 into $34B Berkshire Hathaway purchase
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Daily State of the Markets: Of Banks, Bucks, and Buffett
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Stifel Nicolaus Upgrades CSX (CSX) to Buy, $51 Price Target
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Union Pacific (UNP) and CSX (CSX) Jump On Buffett's Burlington Northern Takeover
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Berkshire Hathaway Approves 50-for-1 Split of Class B Shares
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Berkshire to Buy Burlington Northern (BNI) for $100/Share in Cash, Stock
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Berkshire Hathaway to buy Burlington Northern (BNI) for $100/share
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Berkshire Hathaway Inc. Board of Directors Approves 50-for-1 Split of Its Class B Common Stock
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Berkshire Hathaway Inc. to Acquire Burlington Northern Santa Fe Corporation (BNSF) for $100 Per Share in Cash and Stock
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Form 4 BERKSHIRE HATHAWAY INC For: Oct 30 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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Progressive (PGR) Is a Strong Contender with Geico for Auto-Insurance Superiority
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Form 4 BERKSHIRE HATHAWAY INC For: Oct 29 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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Bill & Melinda Gates Foundation Announces Kate James as Chief Communications Officer
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Brokers Give Unum Strong Marks for Products, Service
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Form 4 BERKSHIRE HATHAWAY INC For: Oct 28 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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American Physicians Capital, Inc. Reports Third Quarter 2009 Results and Increases Cash Dividend
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Fitch: Various Franchise Loan ABS Unaffected by Capmark Ch. 11
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Warren Buffett is Bullish on America's Future, but Says That a Full Economic Recovery Will Take a While
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Fitch: Capmark Ch. 11 May Affect Capmark VII CRE CDO Ratings
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Investors Cautious About Taking Risks: Bloomberg Global Poll
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Form 4 BERKSHIRE HATHAWAY INC For: Oct 27 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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PROFNET EXPERT ALERTS: Policing Bank Pay / Swine Flu / Viral Marketing
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Shapiro Negotiations Institute Opens New Training Centers Inside the Sistine Chapel, at the North Pole, at Camden Yards, and on Mt. Everest
