Warren Buffett, stocks
Digest more
16hon MSN
Warren Buffett and top CEOs say a college degree doesn’t matter. Here’s what really counts in hiring
Buffett cites successful leaders like Pete Liegl, CEO of Forest River, who managed significant growth without Ivy League credentials, as well as Bill Gates ( who dropped out of Harvard) and Ben Rosner (whose formal education ended in sixth grade) as prime examples that innate ability and operational excellence matter far more than credentials.
Berkshire Hathaway's $1 billion homebuilding investment indicates Warren Buffett's confidence in a future U.S. housing market rebound.
The "Oracle of Omaha" Warren Buffet came from humble beginnings. So perhaps it's not a shocking revelation that pedigree means little to him when it comes to business potential, he says in his latest shareholder letter earlier this year.
CSX and Burlington Northern Santa Fe announced a partnership on Friday, sending shares of CSX falling while the market roared higher. Investors were hoping for more. CSX stock dropped about $3 from its high for the day,
Funnily enough, veteran investor Warren Buffett, who once referred to Bitcoin as “probably rat poison squared,” doesn't feature at the top of the list. Instead, the economist Peter Schiff, who is extremely skeptical of Bitcoin and bullish on gold, tops the "Hall of Fame."
Berkshire Hathaway bought $1.6 billion of United Health stock in Q2. Inflation may be ticking higher after all.
Berkshire Hathaway and the Dow Jones Industrial Average have some overlap on stocks that are held in both investment portfolios.
Buffett, through Berkshire, bought more than 5 million shares of the managed care company, worth an estimated $1.6 billion. Meanwhile, Michael Burry, who became famous in the book and movie The Big Short for his bet against subprime mortgages, bought 20,000 shares. Billionaire David Tepper also increased his stake in the name during the quarter.
KBW's Meyer Shields expects Berkshire Hathaway to pay a dividend, lose some loyalists, and face more skepticism after Warren Buffett steps down.