I get a laugh of all the coverage of Warren Buffett and his investing style. While he’s certainly a leader in investing thought, he’s also a staple in the ideas of value investing and many look toward Buffett as confirmation of their investing objective.
Though Warren Buffett certainly earns respect for his impressive returns at the helm of Berkshare Hathaway, the double speak on the topic of bailouts and speculative investing shows the kind of guy he really is. Read more…
Warren Buffett, the king of buying stocks in depressed markets has stepped up with $5 Billion to invest in Goldman Sachs. Buffett’s last big purchase of part of a financial institution came during similar economic turmoil when he purchased a hefty stake in American Express. Along with his $5 Billion purchase of preferred stock, the deal also gives Berkshire Hathaway the ability to buy an additional $5 Billion of common stock. Read more…
Warren Buffett has long been a critic of the hedge fund industry and their high fees that eat into profits. Buffett made a bet with Protégé funds for a $1 Million charitable donation. Buffett said that the S&P 500 will return better than hedge funds over the next 10 years, highlighting their expenses of 2% of capital plus a 20% fee on returns. Read more…
The market initially took a hit after fears that MBIA would lose its AAA bond credit rating, which backs thousands of bond issuers and keeps corporate interest rates low. Losing its AAA rating would mean huge losses in the bond market as corporations default, leaving MBIA holding the bag. Read more…
Warren Buffett is a well know investor from the USA. This guy ranks number two just behind Bill Gates as the richest person in the world. It is estimated that Buffett’s worth is about $40 billion and he made much of his wealth from investments. Warren Buffett is a investing guru who has made his mark by buying things not really in the spot light until he buys. Read more…
