Money and Finance
- Berkshire Profit Benefits From Shift To Rail, Utilities
Warren Buffett’s shift toward businesses like railroads and power production that provide steady profits is paying off for his Berkshire Hathaway Inc. Earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for $1.46 billion,...
- Jain Feeds Buffett’s Hunger
I'm a bit late getting to this, but thanks to those who passed the link along. The first signs of a new Ajit Jain came at the January 2012 renewals, when the potential heir to Buffett played big on Australasian cat and international retro. Jain took...
- Tracy Britt Cool On Management Lessons From Warren Buffett
Thanks to Matt for passing this along. Tracy Britt Cool, Warren Buffett‘s financial assistant at Berkshire Hathaway, says she was already familiar with the billionaire’s investing style when she joined the company in 2009, but working by his side...
- Four Aig Executives Resign To Join Berkshire Hathaway
Four senior executives from American International Group Inc., including Peter Eastwood, president and CEO of AIG Property/Casualty—The Americas, resigned Thursday to join rival insurer Berkshire Hathaway Inc. ...
- Buffett Says Banks Cleared Of Excess Risk Pose No Threat To U.s.
Thanks to Will for passing this along. Warren Buffett, the billionaire investor who oversees stakes in some of the largest U.S. banks, said the nation’s lenders have rebuilt capital to the point where they no longer pose a threat to the economy. “The...
Money and Finance
How the Crunch Is Playing Out
In recent weeks, every major bond insurer has reached out to Berkshire -- owner of a range of companies including reinsurer General Re Corp. and auto insurer Geico -- as a source of capital relief while their financial strength comes under scrutiny by ratings firms and investors, according to these people. In the process of pleading their cases with Berkshire, these companies provide Mr. Buffett with opportunities to size up their businesses.
- Berkshire Profit Benefits From Shift To Rail, Utilities
Warren Buffett’s shift toward businesses like railroads and power production that provide steady profits is paying off for his Berkshire Hathaway Inc. Earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for $1.46 billion,...
- Jain Feeds Buffett’s Hunger
I'm a bit late getting to this, but thanks to those who passed the link along. The first signs of a new Ajit Jain came at the January 2012 renewals, when the potential heir to Buffett played big on Australasian cat and international retro. Jain took...
- Tracy Britt Cool On Management Lessons From Warren Buffett
Thanks to Matt for passing this along. Tracy Britt Cool, Warren Buffett‘s financial assistant at Berkshire Hathaway, says she was already familiar with the billionaire’s investing style when she joined the company in 2009, but working by his side...
- Four Aig Executives Resign To Join Berkshire Hathaway
Four senior executives from American International Group Inc., including Peter Eastwood, president and CEO of AIG Property/Casualty—The Americas, resigned Thursday to join rival insurer Berkshire Hathaway Inc. ...
- Buffett Says Banks Cleared Of Excess Risk Pose No Threat To U.s.
Thanks to Will for passing this along. Warren Buffett, the billionaire investor who oversees stakes in some of the largest U.S. banks, said the nation’s lenders have rebuilt capital to the point where they no longer pose a threat to the economy. “The...