Topic: Warren Buffett
Buffett offers few hints about successors
AP News
Warren Buffett says Berkshire's managers and board will protect company once he's goneBillionaire Warren Buffett says once he is gone, Berkshire Hathaway Inc.'s managers and board members will make sure the company continues to be run as it has been because they believe it is special. The ...
Paper gains drive Berkshire's profit skyward
AP News
Buffett's Berkshire Hathaway reports big jump in 4Q profit on unrealized investment gainsBerkshire Hathaway Inc.'s fourth-quarter profit bounced back sharply, thanks largely to an unrealized $1 billion gain on derivative contracts and investments. Warren Buffett's company said Saturday that its insurance and utility divisions performed well enough ...
Excerpts from Warren Buffett's annual letter
AP News
Excerpts from billionaire Warren Buffett's annual letter to Berkshire Hathaway shareholdersInvestor Warren Buffett released his annual letter to Berkshire Hathaway Inc. shareholders Saturday morning. The Berkshire chairman and chief executive spent a large part of the letter explaining the guiding principles he and Vice Chairman Charlie Munger follow in ...
Buffett: Execs should pay price for risky bets
AP News
Buffett criticizes business world where shareholders hurt more than execs when risky bets failBillionaire Warren Buffett, in his annual letter to shareholders, sternly urged companies to develop harsh penalties for executives who get into trouble with risky investments. Buffett's Berkshire Hathaway Inc. delivered a 61 percent jump in net ...
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