Berkshire Hathaway

Berkshire Hathaway is one of the best companies of the 20th century. Can it be one of the leaders of the 21st without adopting the market’s new ESG mantra?

Bill and Melinda Gates have hired big-name lawyers to represent them in their divorce proceedings.

Berkshire Hathaway CEO Warren Buffett doesn’t worry about how current events will affect the stock market. Instead, he tries to predict how companies will perform 10 years down the line.

Warren Buffett’s longtime friend and business partner Charlie Munger says the “20-slot” rule for success had always been obvious to him “since very early in life. I don’t know why it’s not obvious to many other people.”

Smart people make not-so-smart decisions all the time. Even legendary billionaire investor Warren Buffett has long said that IQ isn’t the single defining factor to successful outcomes.

Rule #5: “Pick a career that may not be your passion, but pays a decent wage.”

While the encouragement to “follow your passion” can be controversial these days, it’s precisely the advice that Warren Buffett often gives.

In honor of Warren Buffett’s 89th birthday, here are six of the best pieces of life advice from the legendary investor.

Rather than spending his Berkshire Hathaway stock inheritance on extravagant things (or allowing it to accrue in value), Warren Buffett’s son says he used it to buy something “infinitely more valuable than money.” And he has no regrets.

Berkshire Hathaway CEO Warren Buffett warns against buying a stock simply because you think it will increase in value. Instead, you should be able to write down the reasons you’re interested without mentioning stock price.

Warren Buffett is planning to lead an unusual annual meeting without any of the roughly 40,000 shareholders who typically attend, but the investor will offer some of the commentary that draws the huge crowds. He’ll likely be asked during Saturday’s livestreamed meeting about the nearly $50 billion loss Berkshire Hathaway reported hours earlier and the pile of $137 billion cash...

Microsoft co-founder Bill Gates announced on Friday that he is stepping down from the boards of Microsoft and Berkshire Hathaway to focus on philanthropy.

Anna Sorokin, the German con artist who passed herself off as a wealthy heiress to swindle banks, hotels and even close friends as she lived out a high-society, Instagram-ready fantasy in New York, was sentenced Thursday to four to 12 years in prison.

Tens of thousands of Berkshire Hathaway shareholders return to Omaha every year to learn from Warren Buffett and celebrate the company he built through acquisitions and investments. But with the 88-year-old Buffett and 95-year-old Charlie Munger leading the company, it’s hard for shareholders not to wonder how much longer the revered investors will be in place. And the fact that...

Despite a sour year in which Berkshire Hathaway posted a loss and was forced to write down $3 billion on its investments, Warren Buffett told shareholders that he wants to make a big acquisition. There is just one problem: Prices are too high. “In the years ahead, we hope to move much of our excess liquidity into businesses that Berkshire...

Kraft Heinz disclosed an investigation by federal regulators and will slash the value of its Oscar Mayer and Kraft brands by $15.4 billion. Shares plunged 26 percent at the opening bell Friday, the company’s biggest single-day decline, after posting a stunning $12.6 billion loss for the fourth quarter. Kraft Heinz divulged the receipt of a subpoena in October from the...

Two Florida favorites – Publix Super Markets and Walt Disney – are among the world’s most admired companies, according to Fortune’s annual list.

Stocks soared Thursday as strong earnings reports from market bellwethers like Microsoft and Comcast gave a boost of confidence to investors shaken by the recent wave of selling. The rally wiped out a large part of the market’s plunge from the day before, but stocks are still down sharply over the past three weeks.

Hurricanes almost always set off an orchestrated dance on Wall Street before they make landfall, with shares of property and casualty insurance companies dumped in favor of companies that sell construction supplies or portable generators. That routine began a week ago, though Hurricane Florence appears to be turning up the volume this time. The last time a hurricane of this...

President Donald Trump on Friday advocated for a possible end to the long-held quarterly earnings reports for publicly traded companies, saying it would boost business and in turn help create jobs. In a morning tweet, the president said he had spoken to “business leaders” for their ideas on growth and they believed filing earnings reports every three months was one...