Watch: Warren Buffett sings Coca-Cola song, plays ukelele to shareholders ahead of Berkshire Hathaway annual meeting May 1, 2015 Warren Buffett loves Coca-Cola. But how much? Well, he's the drinks company's biggest shareholder with a nine per cent stake. He's also one-quarter Coca-Cola – not in stock, but physically, drinking five helpings of the drink every day. He loves Cherry Coke especially. Now, he's shared his love for the drink with shareholders at Coca-Cola's [...]
Warren Buffett: Grexit could be good for eurozone March 31, 2015 Warren Buffett believes a Greek exit from the eurozone could be beneficial for the region. The legendary investor and chairman of holding company Berkshire Hathaway waded into the issue currently dominating headlines of business publications across the continent. During a wide-ranging interview on US news channel CNBC, Buffett discussed electronic car manufacturers Tesla, the proposed [...]
Kraft shares jump 30 per cent as Warren Buffett and 3G Capital confirm plans to merge it with Heinz in $40bn takeover March 25, 2015 Ketchup and cheese single sandwich, anyone? Warren Buffett has confirmed plans to merge processed cheese maker Kraft with Heinz, creating the Kraft Heinz Company, pushing shares in the company up more than 30 per cent in after-hours trading. Last night it was rumoured Brazilian private equity giant 3G Capital, which joint-owns Heinz with Buffett's Berkshire [...]
Buffett reveals new Berkshire has been chosen March 1, 2015 WARREN Buffett has ruled out spinning off Berkshire Hathaway into separate businesses, in his annual letter to investors. Buffett also revealed a successor has been chosen to fill his shoes and addressed the firm’s stake in Tesco which he previously called a “huge mistake”. This year celebrating the firm’s golden anniversary, Buffett’s highly anticipated 14-page [...]
The five best quotes from Warren Buffett’s annual letter to Berkshire Hathaway shareholders on its golden anniversary March 1, 2015 Warren Buffett often has sage wisdom to share with investors – not least in his annual note to Berkshire Hathaway shareholders. This year’s golden anniversary address concerned a misty-eyed reminiscences of fifty years of the company, it’s ups and downs (mostly ups) and the future 50 years ahead. The note is also full of pearls [...]
Warren Buffett annual letter for golden anniversary: Spin offs, successor CEOs and selling Berkshire Hathaway’s Tesco stake March 1, 2015 Warren Buffett has ruled out spinning off Berkshire Hathaway into separate businesses, revealed a successor has been chosen to fill his shoes and addressed the firm’s stake in Tesco which he previously called a “huge mistake”, in his annual letter to investors. This year celebrating the firm’s golden anniversary, Buffett's highly anticipated 14-page letter reminisced [...]
Warren Buffett’s Berkshire Hathaway makes European investment with €400m Devlet Louis Motorradvertriebs purchase February 20, 2015 He may have dumped his stake in Exxon, but Warren Buffett is still motoring. Berkshire Hathaway has splashed €400m (£294m) on a German motorcycle business, the first in what's likely to be a series of deals in Europe where the investment firm has been looking to invest. He had earlier hinted at the deal, which went [...]
Warren Buffett sheds $3.9bn Exxon Mobil stake as oil prices tumble February 17, 2015 Warren Buffett’s Berkshire Hathaway shed its holding in Exxon Mobil in the fourth quarter of 2014 as the company reacted to tumbling oil prices. Berkshire had held 41m shares worth $3.9bn (£2.5bn) in Exxon and 471,994 shares in Conoco as recently as the end of September, but a regulatory filing has revealed that [...]
Warren Buffett criticised for disclosing too little information about Berkshire Hathaway February 8, 2015 Analysts have urged Warren Buffet to make the financial reports of Berkshire Hathaway more thorough, arguing that they currently offer too little information for a company of its size. The super-investor's $370bn multinational organisation is a holding company, made up of subsidiary businesses ranging from the insurance sector to retail and manufacturing. Among others, [...]
Warren Buffett and Charlie Munger plan special Berkshire Hathaway letters to celebrate golden anniversary February 3, 2015 He may have admitted to getting it wrong as far as Tesco is concerned, but Warren Buffett still holds legendary status as the most successful investor of the 20th century. His annual letter to investors is always an event and this year will be even bigger than usual as Buffett and his business partner [...]