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

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 […]

4y ago

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

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 […]

5y ago

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

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 […]

5y ago

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

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,” […]

6y ago

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

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 […]

6y ago

Warren Buffett Bids $9 Billion On Texas Energy Giant Oncor

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 […]

6y ago

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

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 […]

7y ago

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

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 […]

7y ago

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

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 […]

7y ago

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

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 […]

7y ago

Las Vegas Goes Green? Strip Casinos Leaving Nevada Power Grid

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 […]

7y ago

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

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 […]

7y ago

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

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 […]

7y ago

Warren Buffett Challenges Donald Trump To Tax Return Dual

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 […]

7y ago

Warren Buffett Reveals Huge Stake In Apple: Stock Rebounds

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 […]

8y ago

Warren Buffett And Quicken Founder Considering Yahoo Bid

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 […]

8y ago

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

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 […]

8y ago

Why Warren Buffett Is So Positive About America’s Future

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 […]

8y ago

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

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 […]

8y ago

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

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 […]

8y ago

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