Warren Buffett, Berkshire Hathaway
Digest more
Buffett is giving shares to foundations run by his children, which could change the company's dynamics over the long term.
Pershing Square Capital Management CEO Bill Ackman says he was inspired to become an investor after working at his dad’s real estate company.
Berkshire Hathaway's famously large pile of cash shrank by about $30 billion last quarter after Greg Abel took over from Warren Buffett as CEO.
The investor has been sharply critical of the stock market, one that he says is increasingly defined by speculative trading as opposed to long-term investing.
Buffett paid for the $433 million acquisition of Dexter Shoes with Berkshire stock—which today would have been worth $19.3 billion. It has been put to good use.
Warren Buffett said that while he's still going into Berkshire Hathaway's offices every day of the week, he achieves "hardly anything."
Warren Buffett is speeding up the pace of his annual donations of Berkshire Hathaway shares to four family foundations, giving them a total of almost $6 billion now.
A Washington proposal to strip inflation out of capital gains calculations has investors asking a simple question: after 60 years of buy-and-hold investing, could Warren Buffett's tax bill all but disappear?