Articles About Warren Buffett

Author:
Tom Silva
Posted:
12.19.2011

Bill Gates, Sr.: The Rich Must Pay More Taxes

Bill Gates, Sr., a retired attorney in Washington state, supports a ballot initiative that would require the state’s highest earners — including himself and his son — to pay an income tax.  Currently, the state does not collect personal income taxes. The father of billionaire Microsoft founder Bill Gates, Jr., believes that the poor pay […]

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Author:
Tom Silva
Posted:
08.22.2011

Warren Buffet Bullish on U.S. Credit Rating

Standard & Poor’s may have downgraded the United States credit rating from AAA to AA+ and the bears may have taken over Wall Street, but the Berkshire Hathaway chairman and billionaire Warren Buffett believes that the nation deserves a AAAA rating. In a recent appearance on CNBC, Buffett said that he still believes that the […]

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Author:
Tom Silva
Posted:
11.10.2010

Warren Buffett Chooses His Likely Successor

At age 75, mega-billionaire and Chairman of Omaha-based Berkshire Hathaway, Inc., Warren Biffett has likely selected the person who will succeed him when he eventually retires.  The chosen one – who will head a holding company that owns such diverse businesses as Geico and Dairy Queen — is said to be 39-year-old Todd Combs, currently […]

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Author:
Tom Silva
Posted:
07.01.2010

The Giving Pledge Encourages Billionaires to Share Their Wealth

Two of the nation’s leading billionaire philanthropists are joining forces to encourage others to donate as much as half of their wealth to charities.  Microsoft founder Bill Gates and Berkshire Hathaway Chairman Warren Buffett are teaming to create the Giving Pledge, “an effort to invite the wealthiest individuals and families in America to commit to […]

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Author:
Tom Silva
Posted:
01.12.2010

President Obama, Warren Buffett Two Apples on the Same Family Tree

Politics may make strange bedfellows, but it also reveals some interesting family trees. President Barack Obama not only has a supporter in the form of Berkshire Hathaway chairman and investment expert Warren Buffett – the two are also distant cousins. Genealogists at ancestry.com found a family connection dating back to a 17th-century Frenchman named Mareen […]

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Author:
Jafer Hasnain
Posted:
09.17.2009

Don’t Want to Buy Distressed Assets? Then Try Insuring Them

Warren Buffett’s Berkshire Hathaway has started selling insurance coverage on foreclosed homes occupied by distressed borrowers with the goal of making money from banks hurt by the mortgage market collapse.  These policies are riskier than usual home coverage because the properties may be neglected or vandalized. “It’s part of the standard practice of Berkshire, which […]

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Author:
Jafer Hasnain
Posted:

Don’t Want to Buy Distressed Assets? Then Try Insuring Them

Warren Buffett’s Berkshire Hathaway has started selling insurance coverage on foreclosed homes occupied by distressed borrowers with the goal of making money from banks hurt by the mortgage market collapse.  These policies are riskier than usual home coverage because the properties may be neglected or vandalized. “It’s part of the standard practice of Berkshire, which […]

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Author:
Tom Silva
Posted:
05.20.2009

There’s Method in Warren Buffett’s Madness

Warren Buffett’s loyal followers are wondering what got into the Oracle of Omaha when he told CNBC  that this is “a great time to be in banking“, praised Wells Fargo’s massive earning power, and said that the government doesn’t need to provide capital to or nationalize banks. Although some critics dismissed Buffett’s statements as biased […]

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