Alex Wong / Getty Images Warren Buffett invested બેંક 5 billion in Bank of America in August 2011, providing a crucial vote of confidence and cash to the struggling lender. The famed investor and CEO of Berkshire Hathaway had the idea to invest while taking a bath, and was initially …
Read More »
Yahoo Finance / YouTube Send Dillard’s stock as high as 46% on Monday with a vote of confidence from one of Warren Buffett’s lieutenants. Buffett’s Berkshire Hathaway investment manager, Ted Weschler, announced a 6% stake in the illness department-store chain Friday. Wechler’s 1.08 million shares rose to 66 million on …
Read More »
U.S. Treasury Secretary Henry Paulson (L) shares a laugh with Berkshire Hathaway Chairman and CEO Financier Warren Buffett at the March 13, 2007 conference on U.S. Capital Market Competitiveness in Washington. Reuters / Jim Young Warren Buffett called Treasury Secretary Hank Poulson at the height of the 2008 financial crisis, …
Read More »
Warren Buffett. Getty Images / Drew Anger Pope Francis Vernon Buffett argues that free markets cannot address growing inequality. Pontiff said in a letter to the bishops of the Catholic Church over the weekend that “magical principles” such as trickle-down economics would not solve all of society’s problems. Buffett argued …
Read More »
President Donald Trump and Warren Buffett. Scott Olson / Getty Images; CBS News President Donald Trump claimed in 2016 that Warren Buffett used past business losses to reduce his federal income tax bill. Billionaire investors responded that they have paid federal income tax every year since 1944 and have contributed …
Read More »