Warren Buffett

Berkshire Hathaway is controlled by Warren Buffett, who is chairman and chief executive of the company which owns a range of companies, including GEICO and NetJets, a substantial stake in Heinz, and has stakes in American Express, Procter & Gamble and IBM. The company is noted for outperforming the stock market under the leadership of Buffett, a value investor.

Buffett builds US$55b green pile as individual investors cut cash holdings

Warren Buffett uses Berkshire Hathaway as an investment vehicle, through which his views on markets can be interpreted. Photo: Reuters

Individual investors have been cutting back on cash in portfolios, the exact reverse of what Warren Buffett has been doing at Berkshire Hathaway.

Thursday, 21 August, 2014, 11:43pm

Room at the top for one strong leader

Li Ka-shing is the clear leader of his empire, even though he appears to share credit with Canning Fok Kin-ning. Photo: SCMP

Predicting the future in the business world is basically a mug's game, but one prediction was easy to make: last year's much hyped "merger of equals" between the French Publicis and the American Omnicom advertising companies was doomed to failure.

Even my battered crystal ball managed this prediction, and now it has been vindicated.

14 May 2014 - 1:14am

Don't write off Warren Buffett, despite recent failures of judgment

Don't write off Warren Buffett despite recent failures

It's a funny thing about people whose advice on the stock market is worth following that those who get it consistently wrong are more reliable than those who get it consistently right.

4 May 2014 - 4:15am 1 comment

Fosun takes a leaf out of Warren Buffett’s book

Liang Xinjun said that after the acquisition, Fosun will have sufficient cash flow for new investments using its own money. Photo: Thomas Yau

Starting from humble beginnings and building up a portfolio of businesses ranging from real estate and consumer products to insurance over the last 22 years, Fosun International is setting its sights on a new growth target: chasing Warren Buffett.

29 Mar 2014 - 2:10am

Buffett sets new goal after missing five-year target

Warren Buffett missed a five-year target for the first time since he took control of Berkshire Hathaway in 1965. Photo: Bloomberg

Warren Buffett says his performance at Berkshire Hathaway should be measured over the course of stock market cycles after missing a five-year target for the first time.

3 Mar 2014 - 6:59am

Warren Buffett's Berkshire Hathaway buys US$3.5 billion of ExxonMobil shares

'Exxon is a good flight-to-quality stock,' said Fadel Gheit, senior oil analyst at Oppenheimer & Co. Photo: Reuters

Warren Buffett’s Berkshire Hathaway disclosed on Thursday a new US$3.45 billion stake in ExxonMobil, after buying 40.1 million shares in the world’s largest publicly traded oil company.

Although the investment represents less than 1 per cent of Exxon’s shares, it signals Buffett’s approval of one of the world’s largest and most profitable companies.

15 Nov 2013 - 11:51am

Berkshire's Warren Buffett says US housing market 'coming back'

Warren Buffett

Business magnate Warren Buffett says the US housing market has made progress but has not yet made a full recovery. "It's coming back," the billionaire chairman and chief executive officer of Berkshire Hathaway said at an event at the New York Public Library.

30 Oct 2013 - 5:06am

Warren Buffett's bubble cash-out strategy revealed in 38-year-old letter

Buffett advised The Washington Post on funds. Photo: Reuters

Here is Warren Buffett's pension fund management advice in a nutshell: be patient, buy only a few things, ignore the stock market until it becomes irrationally optimistic, at which point sell.

24 Aug 2013 - 4:42am 1 comment

US$1m bid for lunch with Warren Buffett, down from US$3.4m

Warren Buffett

The annual charity auction of a private lunch with billionaire investor Warren Buffett went for just more than US$1 million - a bargain price compared to past years for an opportunity to sit down with one of the world's most successful philanthropists.

9 Jun 2013 - 9:19am

Talking points

Xi to meet Obama in California

Xi to meet Obama in California

7 Jun 2013 - 1:13am

Buffett pays US$5.6b for Vegas utility

MidAmerican Energy Holdings, which is controlled by billionaire investor Warren Buffett will pay US$5.6 billion for NV Energy. Photo: AP

A Berkshire Hathaway unit will pay US$5.6 billion (HK$43.5 billion) for NV Energy, the electric utility serving Las Vegas and its power-hungry casinos, in yet another large energy deal for Warren Buffett in the western United States.

30 May 2013 - 1:28pm

China is like the EU; provinces are its member states

China is huge, Guangdong big.

Many business people come to Hong Kong hoping to crack the so-called China market, not appreciating perhaps that it is not "one" but many different markets. Even taking on a province can be a daunting proposition. 

22 May 2013 - 5:26am

Buffettising friends is part of the star investor's brand

Warren Buffett's reputation gives him particularly attractive deals, such as the Goldman Sachs investment in 2008. Photo: Bloomberg

Given his cult-like following, critiquing Warren Buffett's investment approach takes a pinch of courage and a pound of stupidity. But that has never stopped me before … and it is a good time to look at Berkshire Hathaway, given that it held its annual general meeting earlier this month.

20 May 2013 - 3:45pm

Why analysts pick on BYD

BYD's S7, a traditional petrol-powered sport-utility vehicle.

BYD is a curiosity. The firm gets few breaks in brokerage reports: of the analysts who track the company, 15 have "sell" ratings, six are "neutral", while two are a "buy". Meanwhile, the firm's share price is up by a third in the year to date.

13 May 2013 - 3:25am

US billionaire Warren Buffet optimistic on stocks

US billionaire investor Warren Buffett says he’s optimistic stock prices will continue to rise. Photo: AP

US billionaire Warren Buffet said the US economy is moving in the right direction and praised the policies of both president George W. Bush and Barack Obama as “the right things,” in an interview that aired late on Sunday.

6 May 2013 - 10:25am