Warren Buffett was asked how long he preferred to hold stocks that he bought for Berkshire Hathaway. His answer was succinct: forever. Buy good companies and hold on forever. As they grow, you earn paper […]
OMAHA, Neb. — Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead because of its massive size, though others might say the company’s prospects […]
These celebrities have birthdays this week: Aug. 28 Actor Ken Jenkins (TV: “Scrubs”) is 85. Former MLB manager and player Lou Piniella is 82. Former MLB pitcher Ron Guidry is 75. Actor Daniel Stern is […]
OMAHA, Neb. — Warren Buffett’s company reported less than half as much profit in the second quarter as it took a $3.76 billion write-down on the value of its stake in Kraft Heinz, as that […]
OMAHA, Neb. — Billionaire Warren Buffett will remain with Berkshire Hathaway as chairman of the board when vice chairman Greg Abel takes over as CEO to begin 2026. The board of directors at the cash-rich […]
OMAHA, Neb. — Billionaire Warren Buffett is viewed as one of the world’s greatest investors, so his annual letters to Berkshire Hathaway shareholders are always read closely for lessons. Buffett no longer ventures much into […]
In September 2024, the Federal Communications Commission cut a deal to rescue Audacy Inc. from bankruptcy. Bypassing decades of protocol and procedure, the FCC accepted a $415 billion offer made by Soros Fund Management. The […]
OMAHA, Neb. — The next generation of Buffetts is poised to become one of the most powerful forces in philanthropy when their 94-year-old father, the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually […]
OMAHA, Neb. — Investor Warren Buffett’s company unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past 10 days. Since July, Berkshire Hathaway has steadily […]
NEW YORK — Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding […]
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