Warren Buffett Agrees With Bernie Sanders That Capitalism Is Leaving People Behind

Berkshire Hathaway CEO Warren Buffett said in an interview Monday with CNBC that he sympathizes with Vermont Sen. Bernie Sanders’ campaign rhetoric that capitalism has left working Americans behind and needs regulation to curb its excesses. Buffett said he understands Sanders’ motivation to help the working class through programs like free college tuition and “Medicare […]

Alexandria Ocasio-Cortez: Warren Buffett’s Idea To Go After CEOs Of Failed Banks Is Not ‘Crazy’

Freshman Congresswoman Alexandria Ocasio-Cortez reacted to a proposal by esteemed billionaire and investment guru Warren Buffett in which CEOs of banks bailed out by the United States government could be gone after for their personal net worth, Newsweek reports. “It still blows my mind that the CEOs who crashed our economy + caused millions of […]

After Berkshire Hathaway Shareholders Stiffed A Waitress, Warren Buffett Sent A Check To Make Up For It

Waitresses have a hard job, made even harder when events beyond their control cut into their tip money. One Omaha restaurant waitress learned that lesson all too well recently when Berkshire Hathaway Shareholders withheld her tip. However, according to the Omaha-World-Herald, Berkshire headquarters caught wind of the act, and they sent the waitress a check […]

Warren Buffett Makes Scary Prediction About The Future Of Bitcoin And Other Cryptocurrencies

Warren Buffett has bad news for anyone who invested in Bitcoin or any other cryptocurrency. The billionaire investor made a gloom and doom prediction about the future of these currencies during an interview with CNBC’s“Squawk Box.” “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” […]

Katy Perry Talks Cryptocurrency With Warren Buffett As Bitcoin Surges Over $11,000

Bitcoin has been surging lately, with one recent roller coaster ride towards a record high of over $11,000. With bitcoin being the talk of the town right now, it looks like pop star Katy Perry might want in on the action, and to help her out, she sought some advice from… Warren Buffett? No one […]

Warren Buffett Bids $9 Billion On Texas Energy Giant Oncor

Warren Buffett bids $9 billion to acquire Energy Future Holdings Corp., the parent company of Texas energy giant Oncor. Berkshire Hathaway’s energy subsidiary, Berkshire Hathaway Energy is slated to take control of the financially faltering company pending the approval of the Public Utility Commission of Texas. Energy Future Holdings Corp. owns 80% of Oncor that […]

Warren Buffett: GOP Healthcare Bill ‘A Huge Tax Cut For Guys Like Me’

Billionaire Warren Buffett spoke last night at the annual shareholders meeting for his company Berkshire Hathaway, and he had a lot to say about the GOP’s new AHCA healthcare proposal, none of it good. According to a report by the New York Times, Buffett expressed his disdain for the Republican replacement for Obamacare, calling it […]

Warren Buffett Is Famous In China: Billionaire Investor Is New Face Of Cherry Coke

Warren Buffett will become even more recognized in China, which currently holds second place for most number of billionaires, as his likeness can now be seen on every Cherry Coke can in the country. Several reports on Tuesday revealed that the American billionaire’s caricature will be featured on Coca-Cola’s Cherry Coke variety in China, which […]

Barack Obama Grabs Lunch With Billionaire Warren Buffett At Omaha Country Club

Former president Barack Obama made a quick stop in Omaha, Nebraska, Sunday afternoon to grab lunch with billionaire investor Warren Buffett, the Omaha World-Herald reported. The two were joined by Buffett’s daughter Susie Buffett for lunch in a private room at the Happy Hollow country club, where Warren Buffett is a member. The lunch lasted […]

Bill Gates Could Be The World’s First Trillionaire, And The Three Industries He’s Confident In For The Future

Bill Gates, the co-founder of Microsoft, could become the world’s first trillionaire, according to Oxfam. CNBC noted that Oxfam is an international network of organizations working in conjunction to alleviate global poverty. According to research conducted by Oxfam, eight billionaires have as much money as the 3.6 billion people who make up the poorest half […]

Las Vegas Goes Green? Strip Casinos Leaving Nevada Power Grid

Las Vegas, Sin City, City of Lights, whatever you want to call it, it doesn’t seem like the most environmentally friendly place. The sheer amount of excess that Las Vegas offers, whether it be with gambling, alcohol, general debauchery, or the sheer amount of electric wattage, Las Vegas doesn’t seem like a place that would […]

Hillary Clinton’s ‘Billionaires Club’: More Conservative Billionaires Throw Their Support Behind Clinton

Following billionaire Michael Bloomberg’s high-profile endorsement of Hillary Clinton in a speech at the Democratic convention, several more billionaires have formally thrown their names in with the pro-Clinton camp. Earlier this week, Republican fundraiser and Hewlett Packard executive Meg Whitman — having already made headlines after comparing Donald Trump to Hitler and Mussolini — announced […]

Trump Responds To Buffett: ‘I Don’t Care Much About’ World’s Fourth Richest Man — Donald Ranks 324th

Yesterday, Warren Buffett issued a challenge to the Republican presidential nominee while speaking at a Hillary Clinton rally in Omaha, Nebraska. Buffett’s proposed challenge is one where he and Donald Trump both release their tax returns to the public and answer questions about the contents. Buffett outlined how Donald Trump lost “90 cents on the […]

Warren Buffett Challenges Donald Trump To Tax Return Dual

Warren Buffett launched a blistering attack on Donald Trump for his self-aggrandizing claims about fortune and sacrifice. Speaking at an Omaha rally in support of Hillary Clinton, the investor and philanthropist Buffett fired away at the Republican nominee in a volley of criticism. Before an audience of several thousand, Buffett challenged Trump to agree to […]

Warren Buffett Reveals Huge Stake In Apple: Stock Rebounds

The ‘Warren Buffett Effect’ Strikes Again When Warren Buffett speaks, investors listen. At least, that seems to be the pattern in recent years. Often called the “Oracle of Omaha,” Buffett seems to know, over the long haul, which companies have the best futures. And this time, he has obviously chosen Apple. On May 16, Buffett […]

Warren Buffett And Quicken Founder Considering Yahoo Bid

It has been reported by Reuters on May 14 that billionaire Warren Buffett has joined the bidding race. The famed chairman of Berkshire Hathaway Inc is backing a consortium that includes Quicken Loans founder Dan Gilbert in bidding for Yahoo’s internal assets. It has been long speculated that Yahoo may sell its internet business due […]

Elizabeth Warren On Trump Inheritance: $2.3 Billion In Index Fund, $198 Billion With Warren Buffett

Senior U.S. Senator from Massachusetts Elizabeth Warren took to Twitter yesterday to express her frustration with Republican Party U.S. presidential nomination front-runner Donald Trump’s braggadocio with regard to his business acumen and investing prowess. Research shows that Trump’s personal net worth might have been similarly served by an index fund, as compared with his real […]

Why Warren Buffett Is So Positive About America’s Future

Warren Buffett announced in a letter to shareholders that the presidential candidates’ negative drumbeat was dead wrong, and America’s children have much to look forward to in the future. The unusually positive message is rooted in the U.S. economic trends over the last century and the idea that betting against America has never been, and […]

Wall Street On The Rise After Multi-Billion Dollar Acquisition And A Supposition

Wall Street has seen a week-long losing streak this past week (not record breaking, to be sure, but not good or welcomed) that was largely remedied based on an acquisition and a supposition. This year has been a banner year for M&A overall, and Berkshire Hathaway continued the trend with their biggest acquisition yet. Backed […]

Warren Buffett To Pay $37.2 Billion For Precision Castparts — Closes His Biggest Deal Ever

Warren Buffett’s company is all set to acquire Precision Castparts by paying $37.25 billion. Business tycoon Warren Buffet’s Berkshire Hathaway confirmed its plans to acquire Precision Castparts Corp. The final price settled for the deal is reported to be $37.2 billion, which, needless to say, is Warren Buffett’s biggest yet. How will the multi-billion dollar […]

According To Warren Buffett, Stocks Are Going To Be ‘A Lot Higher’

A volatile market is no hindrance to investor Warren Buffett, who said Monday that he expected stock prices to be “a lot higher” in the future. Buffett made that assessment while on CNBC, speaking with anchor Becky Quick. As Business Insider notes, the Berkshire Hathaway CEO was queried about his feelings regarding the major price […]

Warren Buffett No Longer World’s Second Richest Person

Investor Warren Buffett has fallen from his spot as the second richest man in the world and now ranks in third place, behind Amancio Ortega. Ortega is the Spanish fast-fashion baron behind Zara’s, according to Quartz, and he has amassed a net worth of $71.5 billion. This places him second on the list of the […]

How Much Does Lunch With Warren Buffett Cost? Probably More Than You Think

If money were no object, how much would you spend to eat lunch with Warren Buffett? For a lucky few, the answer is well over a $1 million. In fact, just one day into an auction to dine with Buffett, the top bid has surpassed the million-dollar mark. Now 84-years-old, Warren Buffett is perhaps the […]

Warren Buffett’s Neighbors Selling House, Asking 10 Berkshire Hathaway Shares

Billionaire investor Warren Buffett is famous for his frugality, living in the same Omaha home he purchased in 1958 for $31,500, yet his neighbors across the street have a slightly higher, and slightly tongue-in-cheek, asking price in mind for their five-bedroom house. Homeowner Phil Huston says that though the property has been recently valued at […]

Warren Buffett: Poverty Is The ‘American Nightmare’

American billionaire Warren Buffett has spoken out about the effects of income inequality, describing poverty as an “American Nightmare” that he believes should be a part of the debates leading up to the 2016 presidential election. Buffett, one of the wealthiest people in the world, addressed the topic while speaking to PBS Newshour. Acknowledging that […]

Warren Buffett Is A ‘Hypocrite’ If You Are To Believe Hedge Fund Manager Dan Loeb

Warren Buffett is widely considered to be one of if not the most successful investors Wall Street has ever seen. He is currently the third richest person in the world. His net worth is just shy of $73 billion, according to a recent article by Forbes. Despite his successes in the market, Buffett still has […]

Warren Buffett Sings Ukulele Ode To Coca-Cola [Video]

Billionaire Warren Buffett is turning to his ukulele to pay tribute to a century of Coca-Cola’s iconic bottle, singing his own ode to the company he has long championed. In a video released at Coca-Cola’s shareholder meeting on Wednesday, Buffett appears with his ukulele to belt out his own version of “I’d Like To Buy […]

Warren Buffett Claims Elizabeth Warren Is Too Angry [Video]

Billionaire Warren Buffett probably won’t be making any contributions to Elizabeth Warren’s presidential campaign, if there is one that is. In an interview on CNBC yesterday, Buffett chided the U.S. Senator from Massachusetts for coming across as angry in expressing her views about Wall Street. At the same time, the world’s third richest man admitted […]

Five Cokes A Day: Warren Buffett Reveals Unusual Diet Designed To Keep Him Young

Warren Buffett, the world’s third richest man, has revealed that he regularly drinks five Cokes a day as part of a diet geared toward prolonging his life by eating like a six-year-old. The 84-year-old Berkshire Hathaway CEO recently told Fortune that he intentionally eats like a child, part of a strategic plan to keep himself […]

Warren Buffett Declares His Successor Found After Reaching 50 Year Milestone

Billionaire Warren Buffett announced to shareholders on Saturday that Berkshire Hathaway had found the right person to succeed him as CEO, while the company’s vice chairman identified several possible candidates. Both the 84-year-old Buffett and Charlie Munger, the 91-year-old vice chairman of Berkshire Hathaway, released letters to shareholders on Saturday, according to Reuters. Though Buffett […]

Warren Buffett Dumps ExxonMobil, Buys 4.7 Million Shares Of 21st Century Fox

Warren Buffett, the most successful investor of the 20th century and American business billionaire, philanthropist, and magnate dumped all of his holdings of ExxonMobil owned by his investment vehicle, Berkshire Hathaway. On Tuesday, the U.S. Securities and Exchange Commission reported Warren Buffett’s Berkshire Hathaway’s quarterly filing detailed the conglomerate’s domestic equity investments as of Dec. […]

Warren Buffett Loses $1.5 Billion In A Day, Then Gets Hit Again

When Warren Buffett loses $1.5 billion in a market drop, it makes big headlines – and now he’s had two big drops in one week. Buffett has always stood behind both IBM and Coca-Cola, as they make up two of his top three largest investments. This week, however, both companies took a hit on the […]

Hillary Clinton 2016: Warren Buffett Believes She Will Win Presidency

While Hillary Clinton has yet to announce if she will run for president in 2016, billionaire Warren Buffett is predicting that she will win. According to a report from Fortune, Buffett made the statement at the Most Powerful Women Summit. He noted that Hillary Clinton will announce her candidacy “as late as possible.” “Hillary’s going […]

How Did Burger King Convince Tim Horton’s To Have It Their Way?

What exactly did Burger King say to Tim Horton’s that finally convinced the Canadian coffee and donuts shop to be purchased? It started with a phone call. The Toronto Star reports that the whole deal-making process began in early March of this year. Alexandre Behring, chairman of Burger King and managing partner of the burger […]

Burger King Gets More Than Tax Break, May Start An Exodus

Much has been made about the merger of Burger King and Tim Horton’s being solely a tax inversion strategy. It may turn out to be much, much more than that. NASDAQ is reporting that with the acquisition of Tim Horton’s, Burger King now gets a chance to look into international expansion. Before the merger, Burger […]

Floyd Mayweather, Warren Buffet Build The Money Team, 50 Cent And Others Jealous

Floyd Mayweather is associating with billionaires now, according to TMZ. Floyd Mayweather and Warren Buffett teamed up for a meeting about money, of course. Members of the paparazzi were at the location in Las Vegas where they observed Warren Buffett waiting for Floyd Mayweather, who had not yet arrived. When members of the media probed […]

Teen Selfie With McCartney, Buffett: 16-Year-Old Takes Epic Selfie With His ‘Homies’

A teen took a selfie with Paul McCartney and Warren Buffett — and the photo has gone viral! According to CNN Money, 16-year-old Jacob Murray took advantage of a rare sighting in Omaha, Nebraska on Sunday night. He saw two super famous people sitting on a bench together — so he snapped an epic photo […]

Bill Gates On Immigration Reform: Americans Deserve Better Than This

Bill Gates, Sheldon Adelson, and Warren Buffett are pushing Congress to pass immigration reform in a joint op-ed piece for the New York Times. In the op-ed, the three refer to the current stalemate as depressing and urge Congress to remember its responsibility to the rest of America. Bill Gates, Adelson and Buffett write: “Whatever […]

Perfect Bracket Foiled For Brad Binder As Syracuse Loses To Dayton

The dream of a perfect bracket has ended for Brad Binder. With Dayton’s upset of Syracuse on Saturday, the astronomical odds against a perfect bracket finally kicked in, and Binder’s fun ride came to an abrupt conclusion. Binder has become something of a social media sensation in recent days, as his quest for the elusive […]

Breaking Bad’s Biggest Fan? Billionaire Warren Buffett Tweets Selfie Dressed As Walter

Billionaire Warren Buffett tweeted a rare picture of himself dressed as Breaking Bad‘s lead character Walter White. Who knew that Buffett was such an avid fan of the series and of Walter? The world’s third richest man features in the selfie wearing a felt hat abd Walter-like glasses and sporting a goatee beard. He certainly […]

Aaron Paul, Bryan Cranston Celebrate Final ‘Breaking Bad’ Episodes, Warren Buffett Crashes Party

Aaron Paul and Bryan Cranston are together this week in New York to promote the upcoming fifth season of their popular series Breaking Bad. You probably already know that the hit AMC drama centers on a high school chemistry teacher who turns to selling meth to provide for his family when he finds out he […]

Tracy Britt: Berkshire’s Next Warren Buffett?

Is Tracy Britt of Berkshire being groomed as a possible successor to 82-year-old Warren Buffett? The 28-year-old blonde has a Harvard MBA and an office next to CEO Buffett’s at Berkshire’s headquarters, according to a report yesterday in The Wall Street Journal by Anupreeta Das. Das said that Britt caught Buffett’s attention in 2009 by […]

Warren Buffett Joins Twitter, Quickly Gains Thousands Of Followers

Warren Buffett has joined Twitter. The 82-year-old Berkshire Hathaway CEO made his social media debut on Thursday, posting his very first tweet at 9:20 a.m. PT. The Nebraska-based investment guru is easily America’s wealthiest technophobe, but he doesn’t have a computer in his office and has famously joked that he doesn’t even know how to […]

Congressmen Say Obama’s Tax Increases Fund The Government For Eight Days

In the battle of words over President Barack Obama’s plan to raise taxes on the wealthy one Congressman took to the airwaves himself to offer up an argument against the proposals. Representative Tom Price said that even if the President got all the tax money he wanted it would only be enough to fund the […]

Jamie Dimon Is Warren Buffett’s Choice For Treasury Secretary

Warren Buffett believes that Jamie Dimon would be the best choice for a Treasury Secretary. Dimon currently serves as the CEO of JPMorgan Chase. During an interview on the Charlie Rose Show on Monday Buffett was asked who should succeed Timothy Geithner is he leaves his post. Geithner previously reportedly expressed a desire to leave […]

Warren Buffett Pushes ‘Buffett Rule 2.0,’ Answers Critics In Op-Ed

Warren Buffett has been making waves since 2011 when he called on the rich to pay more in taxes and has now laid out the specifics of what this might look like in an op-ed for The New York Times. In the editorial printed Monday, Buffett suggested the implementation of a minimum tax rate of […]

Forbes Reveals 400 Richest People In America, Bill Gates Still Top

Forbes has revealed the 400 richest people in America with Bill Gates, Warren Buffett, and Larry Ellison taking the top three spots. Gates and Buffett retain first and second position in the list despite having donated billions of dollars to charitable causes. Indeed, since last year’s list, Buffett alone has given away $1.5 billion. Gates […]

Warren Buffett Fires CEO For Taking Vacation With Company Money

The CEO of a paint company owned by billionaire Warren Buffett decided to take his top executives on a getaway when the company posted its first quarterly profit in years. Buffett was having no part of it. The owner of Berkshire Hathaway fired the CEO of Montvale, N.J., based Benjamin Moore paint company after the […]

Lloyd Blankfein enlists Warren Buffett, Continues Charm Campaign

New York Magazine has labeled a recent public relations campaign by Goldman Sachs as its “Charm Offensive.” That campaign continued Tuesday as CEO Lloyd Blankfein made an appearance on a special Chicago-based episode of MSNBC’s Morning Joe to talk about the firm’s “10,000 Small Businesses” program, which trains small growing companies on how to make […]

Warren Buffett Says Another US Recession Not Likely…Unless

The recent US jobs report was bleak and housing sales have failed to impress yet billionaire Warren Buffett said on Tuesday that the chances of another US recession in the near future are slim. Buffett was speaking at the 25th anniversary dinner of the Economic Club of Washington where called the chances of another recession […]