News Source: The Motley Fool
| 11 days ago
Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread." -- Warren Buffett, Oct. 16, 2008 It was a tough year for the world's richest man -- according to data from Forbes , Warren Buffett'...
News Source: BBC
| 11 days ago
Berkshire Hathaway said its net profit was $3.2bn (£1.9bn) in the three months to September, compared to $1.1bn in the same period last year. But most of that was due to an unrealised $1.1bn gain on some derivatives its insurance unit holds. Mr...
News Source: The Journal Gazette
| 11 days ago
In 2005 , General Electric sold its locally based Medical Protective operation to a division of Berkshire Hathaway for $825 million. Neb. – Billionaire Warren Buffett likes to compare his company to a masterpiece that hes been painting for nearly...
News Source: Pittsburgh Post-Gazette
| 11 days ago
The cash and stock deal, which prices the Fort Worth, Texas-based railroad at $34 billion or $100 per share, is being made through Warren Buffett's Berkshire Hathaway [ BRK.A , BRK.B ]. The Omaha, Neb., holding company, whose portfolio includes other...