Money and Finance
- Warren Buffett Looks Ahead To Berkshire’s Next 50 Years
Link to article: Warren Buffett Looks Ahead to Berkshire’s Next 50 Years Warren Buffett says that lately he’s been pondering the future of Berkshire Hathaway Inc. more than usual. Like in years past, he has been busy composing his annual letter to...
- Buffett's $26 Billion Power Bet In West Seen Paying Off
Link to article: Buffett's $26 Billion Power Bet in West Seen Paying Off Warren Buffett’s $26 billion bet on western U.S. power plants, transmission lines and wind farms is poised to pay off. Buffett’s Berkshire Hathaway Inc., with the...
- Berkshire Avoids Rout As Buffett Sidesteps Bonds
Warren Buffett’s preference for buying stocks and whole companies rather than bonds is helping Berkshire Hathaway Inc. (BRK/A) weather a spike in interest rates better than other insurers. Book value rose 2 percent to about $122,900 per Class A share...
- Berkshire Hathaway, 3g Capital To Buy Heinz For $23 Bln Cash
Warren Buffett's Berkshire Hathaway Inc and 3G Capital will buy H.J. Heinz Co for $72.50 a share, or $23.2 billion in cash, Heinz said on Thursday. Including debt assumption, Heinz valued the deal at $28 billion, which it called the largest in food...
- Ready To Try On Mr. Buffett's Shoes
Found via the Corner of Berkshire & Fairfax.It is tough to follow a legend. Ted Weschler considers himself one of Warren Buffett's biggest admirers, but until this past summer, he couldn't actually see himself working for the Oracle of Omaha....
Money and Finance
Warren Buffett: Merchant Banker Of Last Resort
Found via the Corner of Berkshire & Fairfax.
In financial markets, judge operators by what they do not what they say or intend to do if stars are properly aligned. Reading the Berkshire Hathaway 10-Q reveals a somber point of view in terms of opportunities readily apparent and available to market operators of Warren Buffett’s scope and vision.
The first page of the 10-Q is a detailed consolidated balance sheet and it immediately adumbrates questions like why is there so much cash on the balance sheet? Year over year, for the June quarter, cash rose approximately 10 percent, from $33.5 billion to $36.8 billion. Considering the billions of Berkshire’s total investments in marketable paper, the ratio of cash tots up to almost a 30 percent position. Even relating cash to Berkshire’s net worth we are talking 20 percent.
- Warren Buffett Looks Ahead To Berkshire’s Next 50 Years
Link to article: Warren Buffett Looks Ahead to Berkshire’s Next 50 Years Warren Buffett says that lately he’s been pondering the future of Berkshire Hathaway Inc. more than usual. Like in years past, he has been busy composing his annual letter to...
- Buffett's $26 Billion Power Bet In West Seen Paying Off
Link to article: Buffett's $26 Billion Power Bet in West Seen Paying Off Warren Buffett’s $26 billion bet on western U.S. power plants, transmission lines and wind farms is poised to pay off. Buffett’s Berkshire Hathaway Inc., with the...
- Berkshire Avoids Rout As Buffett Sidesteps Bonds
Warren Buffett’s preference for buying stocks and whole companies rather than bonds is helping Berkshire Hathaway Inc. (BRK/A) weather a spike in interest rates better than other insurers. Book value rose 2 percent to about $122,900 per Class A share...
- Berkshire Hathaway, 3g Capital To Buy Heinz For $23 Bln Cash
Warren Buffett's Berkshire Hathaway Inc and 3G Capital will buy H.J. Heinz Co for $72.50 a share, or $23.2 billion in cash, Heinz said on Thursday. Including debt assumption, Heinz valued the deal at $28 billion, which it called the largest in food...
- Ready To Try On Mr. Buffett's Shoes
Found via the Corner of Berkshire & Fairfax.It is tough to follow a legend. Ted Weschler considers himself one of Warren Buffett's biggest admirers, but until this past summer, he couldn't actually see himself working for the Oracle of Omaha....