This WSJ. magazine look at Warren Buffett and his bridge partner, Sharon Osberg, is worth a read for its innuendo laden introductory paragraphs (Did Ms. Osberg get down on all fours when first meeting the billionaire Berkshire CEO? She did!). But we were also stricken by Buffett’s self-assessment as a bridge player:
When we Read More
Shortly after The New York Times published what we thought was an ambiguously sarcastic wet kiss to the U.S. government by billionaire investor Warren Buffett, the U.S. government came out and awarded the folksy Nebraskan with the Presidential Medal of Freedom. One good turn deserves another, we suppose.
The words of billionaire investor Warren Buffett grace the op-ed page in today’s New York Times. Buffett’s stated aim is to offer thanks to the American government for bailing out the financial system two years ago. So far, financial pundits have rewarded Buffett’s efforts with parody and derision. But we wonder if Read More
Todd Combs, the man adorable billionaire Warren Buffett has selected as the director of Berkshire Hathaway’s $113 billion investment portfolio, isn’t going to dive right in to managing the whole enchilada all at once. Fortune reports that Combs will be starting off with an investment fund in the $2 billion to $3 billion range Read More
The Federal Reserve would prefer that Goldman Sachs continue paying $15 per second to Warren Buffett rather than tap its capital to repay the Nebraskan billionaire, according to The Wall Street Journal.
Goldman had previously expressed interest in repaying a $5 billion credit-crisis loan from Buffett, but it now looks as though the Read More
The financial world’s sewing circles are abuzz with a rumor that Greenlight Capital fund manager, stock-market price chopper and pretty good poker player David Einhorn turned down Warren Buffett’s offer to start running money for Berkshire Hathaway.
Observing that hedge fund manager Li Lu and one other candidate had apparently been considered before Read More
When asked by the Securities and Exchange Commission about its accounting practices, Berkshire Hathaway — Warren Buffett’s enormous conglomerate that invests in things like milkshake restaurants and railroads — basically told the federal regulators that they should mind their own business, Bloomberg reports.
The SEC asked in April about Berkshire’s valuations for its investments Read More
Adorable billionaire Warren Buffett — who’s soon to be played by the guy who voiced the old man in Up — thinks the economy will remain shaken by the shock of the 2008 financial crisis “for a long time,” Bloomberg reports.
In a pre-recorded video that was played for a conference audience in Read More
A first-edition copy of Benjamin Graham’s The Intelligent Investor bearing the Oracle of Omaha’s signature has sold for $25,250, proving once again that everything the adorable billionaire touches appreciates in value.
Perhaps unsurprisingly, the buyer is the head of an asset management firm. Mitch Julius, founding partner at Canyon Partners, said of his purchase, Read More
Affordable Housing or Lack Thereof
