Daily Blitz
The following is an excerpt from Steve Schaefer | April 4, 2013 | Forbes.com |
There is no Bond King.
So says Bill Gross, a man to whom the moniker has been ascribed over the years, in his April Investment Outlook at Pimco. There is no Stock King either, he adds.
The reality, ... Read More
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The following is an excerpt from Noah Buhayar | February 8, 2013 | Bloomberg.com |
Howard Buffett said following his billionaire father, Warren, as chairman of Berkshire Hathaway Inc. will require upholding practices that have been prized for decades as the company grew to $240 billion in market value.
Protecting Berkshire’s culture ... Read More
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The following is an excerpt from Abram Brown | January 10, 2013 | Forbes.com |
Warren Buffett would like to ease the uncertainty that still surrounds America’s financial institutions.
Buffett—billionaire investor, second wealthiest man in America, octogenarian oracle—yesterday expressed some reassurances. “The banks will not get this country in trouble, I guarantee ... Read More
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The following is an excerpt from The Associated Press | November 14, 2012 | CBSNews.com |
OMAHA, Neb. Investor Warren Buffett says there won't be a recession if Congress can't resolve the so-called fiscal cliff before the automatic tax increases and spending cuts take effect in January.
Buffett told CNN on Wednesday ... Read More
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The following is an excerpt from BRUCE BARTLETT | April 13, 2012 | The Fiscal Times |
This week, President Obama ratcheted-up his support for the so-called Buffett rule. Named for billionaire Warren Buffett, who claims to have a lower effective federal tax rate than his secretary, the rule would require ... Read More
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The following is an excerpt from MARK LANDLER | April 13, 2012 | nytimes.com |
WASHINGTON — For months, President Obama has marveled that the billionaire investor Warren E. Buffett pays a lower tax rate than his secretary, citing it as an egregious example of an unjust tax code. It turns ... Read More
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The following is an excerpt from STEVE YODER |March 6, 2012 | The Fiscal Times |
For those who have heard the rumblings that real estate is back – the National Association of Realtors (NAR) had forecast a 5-percent increase in the number of home sales in 2012 – a key ... Read More
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The following is an excerpt from Dominic Basulto | November 22, 2011 | washingtonpost.com
Warren Buffett, widely acknowledged as one of the world’s most savvy investors, has famously avoided any investment in the high-tech sector, preferring instead to invest in stodgy industrial companies with more predictable earnings. That appeared to change, ... Read More
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The following is a Forrest Jones | November 14, 2011 | moneynews.com |
The overall economy is in pretty good shape save for the construction industry and any sector heavily tied to it, which remain mired not in recession but in depression, says legendary investor Warren Buffett.
Buffett told CNBC that his ... Read More
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The following is an excerpt from Rachel Layne and Adrew Frye | October 17, 2011 5:32 PM ET | Bloomberg.com
General Electric Co. (GE) paid $3.3 billion today to repurchase preferred stock sold to Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) as financial markets froze in October 2008.
A GE spokesman, Kenny Juarez, ... Read More
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