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.
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
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
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
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
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 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
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
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
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
Xi to meet Obama in California7 Jun 2013 - 1:13am
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
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
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
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 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