Money and Finance
Warren Buffett Takes 8% Stake in Sears Spinoff Seritage (LINK)
Book of the day [H/T @Sanjay__Bakshi]: Do the Work: Overcome Resistance and Get Out of Your Own Way
- Links
Warren Buffett on CNBC... Links to videos: Warren Buffett: Bought IBM in 1st & 3rd quarter Warren Buffett: Never go below $20B cash Warren Buffett talks Phillips 66 stake Buffett: BofA's Moynihan should be CEO & Chair Warren...
- Links
Michael Lewis on Charlie Rose discussing Flash Boys, one year after publication (video) (LINK) How to Succeed in Life, the Warren Buffett Way (LINK) Things You Didn’t Know About Buffett’s Strategy (LINK) Warren Buffett and 3G May Have One Barrier...
- Bofa Reaches Deal With Buffett On Preferred Stake
Link to article: BofA Reaches Deal With Buffett on Preferred StakeBank of America Corp. (BAC), the lender that turned to Warren Buffett in 2011 for a capital injection, reached a deal with the billionaire’s company to change terms so the investment...
- Watsa’s Fairfax Becomes Rim’s Biggest Shareholder
Research In Motion Ltd. (RIMM) shareholder Fairfax Financial Holdings Ltd. (FFH) almost doubled its stake in the BlackBerry maker, making it RIM’s biggest investor and offering a vote of confidence to the ailing Canadian company. Fairfax, an insurer...
- Byd To Sell Electric Car In Us In 2010
BYD, the upstart Chinese car company backed by US investment guru Warren Buffett, said on Monday that it would start selling its e6 all-electric sedans in the US next year, a year ahead of schedule. - Announcing in Hong Kong that the company had nearly...
Money and Finance
Links
Warren Buffett Takes 8% Stake in Sears Spinoff Seritage (LINK)
Billionaire investor Warren Buffett has taken an 8.02% stake in Seritage Growth Properties Inc., the real-estate company split off from Sears Holdings Corp. earlier this year.
Mr. Buffett disclosed in a regulatory filing Thursday that he has bought 2 million shares in Seritage, a passive stake. At Wednesday’s closing price, the stake would be valued at about $70.5 million.
The filing didn’t detail what he plans to do with the shares. Mr. Buffett took the stake personally, not through his company, Berkshire Hathaway Inc.
Five Good Questions for William Green about his book The Great Minds of Investing (LINK)
Third Avenue Blocks Redemptions From Credit Fund Amid Losses (LINK)
Third Avenue Blocks Redemptions From Credit Fund Amid Losses (LINK)
Amazon’s instant gratification service aims to disrupt delivery (LINK)
Michael Lewis On Why The Bank Bailout Was A Mistake (video) (LINK)
Related book: The Big ShortHave You Gotten Over Yourself? (LINK)
Book of the day [H/T @Sanjay__Bakshi]: Do the Work: Overcome Resistance and Get Out of Your Own Way
- Links
Warren Buffett on CNBC... Links to videos: Warren Buffett: Bought IBM in 1st & 3rd quarter Warren Buffett: Never go below $20B cash Warren Buffett talks Phillips 66 stake Buffett: BofA's Moynihan should be CEO & Chair Warren...
- Links
Michael Lewis on Charlie Rose discussing Flash Boys, one year after publication (video) (LINK) How to Succeed in Life, the Warren Buffett Way (LINK) Things You Didn’t Know About Buffett’s Strategy (LINK) Warren Buffett and 3G May Have One Barrier...
- Bofa Reaches Deal With Buffett On Preferred Stake
Link to article: BofA Reaches Deal With Buffett on Preferred StakeBank of America Corp. (BAC), the lender that turned to Warren Buffett in 2011 for a capital injection, reached a deal with the billionaire’s company to change terms so the investment...
- Watsa’s Fairfax Becomes Rim’s Biggest Shareholder
Research In Motion Ltd. (RIMM) shareholder Fairfax Financial Holdings Ltd. (FFH) almost doubled its stake in the BlackBerry maker, making it RIM’s biggest investor and offering a vote of confidence to the ailing Canadian company. Fairfax, an insurer...
- Byd To Sell Electric Car In Us In 2010
BYD, the upstart Chinese car company backed by US investment guru Warren Buffett, said on Monday that it would start selling its e6 all-electric sedans in the US next year, a year ahead of schedule. - Announcing in Hong Kong that the company had nearly...