Stingy Investor Search - Contact - Subscribe - Login
  Home | Articles | Links
 
Article Archive: Buffett

Intelligent concentration
09/12/25   Buffett
"Warren Buffett's diversification practices have been back in the spotlight over the past few years. Specifically, the level of concentration in his portfolio has come under scrutiny due to the size of the largest stock holding in Berkshire Hathaway's marketable equities portfolio. A historical review of Buffett's implementation of diversification and concentration in practice, as well as his perspective on these concepts, documents a long tradition of heterodox thinking and application. "

Berkshire Hathaway 2025 AGM
05/05/25   Buffett
"Warren Buffett presides over the 2025 Berkshire Hathaway annual shareholder meeting" [video]

Cash
11/18/24   Buffett
"Why does Buffett have so much cash on hand now, way more than before? Of course, nobody can say for sure. But some things do come to mind."

Warren Buffett at BRK's AGM
05/05/24   Buffett
7+ Hours of Buffett and Berkshire. [video]

Buffett's 2023 letter to investors
02/25/24   Buffett
"With that focus, and with our present mix of businesses, Berkshire should do a bit better than the average American corporation and, more important, should also operate with materially less risk of permanent loss of capital. Anything beyond 'slightly better,' though, is wishful thinking"

Warren Buffett's canvas
09/03/23   Buffett
"Berkshire is likely to continue returning capital to shareholders via repurchases in the years to come, but I suspect that if Mr. Buffett keeps at it for several years, the painting will continue to evolve. The evolution will be subtle from year to year but could be striking in a decade." (when he'll be 103)

A strange public offering
08/13/23   Buffett
"Let me also put our thoughts about valuation more baldly: Berkshire is selling at a price at which Charlie and I would not consider buying it."

Value of float
07/09/23   Buffett
"So, reasonably or unreasonably, I am going to assume that 5% is the point Buffett won't go below for long term rates."

The 2023 Warren and Charlie show
05/07/23   Buffett
"the Berkshire Hathaway annual meeting is a gathering of the company's shareholders presided over by Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger. The Omaha, Nebraska, event gives shareholders a chance to hear Buffett and Munger discuss investing, their economic outlook and life, as well as ask the legendary pair questions." [video]

Buffett's letter
02/25/23   Buffett
"In August 1994 - yes, 1994 - Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion - then a very meaningful sum at Berkshire. The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke's quarterly dividend checks. We expect that those checks are highly likely to grow."

More important than getting rich
12/31/22   Buffett
"While there is an overspill of advice regarding the 92-year-old legend's investment strategy, I believe the virtues that he lives by are pieces of his success that are often overlooked."

A few stories
11/12/22   Buffett
"Focusing on what's never going to change is more important than trying to anticipate how something might change."

Buffett's pension
07/22/22   Buffett
"All the credit goes to Katharine Graham and the wisdom she had to ask Warren Buffett for his advice, and take it, back in 1978. Mr. Buffett recommended that we invest our pension assets in equities and hire smart advisors to manage those funds - and that is exactly what Mrs. Graham did."

Berkshire AGM
04/30/22   Buffett
"Nicknamed 'Woodstock for Capitalists,' the Berkshire Hathaway annual meeting is a gathering of the company's shareholders presided over by Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger. The Omaha, Nebraska, event gives shareholders a chance to hear Buffett and Munger discuss investing, their economic outlook and life, as well as ask the legendary pair questions."

Warren Buffett getting the last laugh
03/27/22   Buffett
"it has been an almost infallible rule during my career as a financial journalist that you should just go out and buy stock in Berkshire Hathaway whenever people start to say that Buffett has passed his prime."

What Buffett sees in Alleghany
03/27/22   Buffett
"Berkshire is getting $12.9 billion of float for Mr. Buffett to deploy, a very profitable specialty insurance business, and a reinsurance business that, while volatile, could improve with Berkshire.s additional capital backing. Additionally, Berkshire adds eight non-insurance subsidiaries with good returns on invested capital."

Buffett's annual letter
02/26/22   Buffett
"After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% - and still is. Berkshire's current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long-term holding."

An obsession with money
10/07/21   Buffett
"Shelby Davis isn't a household name like Buffett but his investing track record is almost as impressive. Davis quit his job at age 38 in the late-1940s to become a full-time investor. His timing was impeccable as the stock market was about to enter one of the great bull markets of all-time. His timing was fortuitous but Davis was also a fantastic stock picker. Sticking mainly to insurance stocks, Davis managed to turn $50,000 in 1947 into $900 million by the time he passed away in 1994."

Ted Weschler's $264 million retirement account
08/29/21   Buffett
"Weschler, who operates out of a two-person shop located above a bookstore, has been one of Warren Buffett's deputies at Berkshire Hathaway since 2012, where he manages billions of Berkshire bucks."

Buffett's evolution into a great manager
08/02/21   Buffett
"One of the most interesting aspects of Cunningham's work with and about Buffett is the revelation that there are really two Buffetts, one the great investor that we all know about, and two, his later evolution into a great manager. We'll focus on what we can learn from Buffett, the manager in this week's show." [video]

Berkshire Hathaway vs. the stock exchange
05/09/21   Buffett
"It's the stock-market version of the Y2K bug. And it's becoming an increasingly urgent issue as shares of Warren Buffett's company have risen more than 20% this year"

Warren Buffett's 2020 letter
02/27/21   Buffett
"In 1958, Phil Fisher wrote a superb book on investing. In it, he analogized running a public company to managing a restaurant. If you are seeking diners, he said, you can attract a clientele and prosper featuring either hamburgers served with a Coke or a French cuisine accompanied by exotic wines. But you must not, Fisher warned,capriciously switch from one to the other: Your message to potential customers must be consistent with what they will find upon entering your premises."

Why Buffett bought Japanese stocks
09/18/20   Buffett
"Japan is one of the few value investments available in today's global developed markets. Large caps in the United States have gotten dramatically more expensive compared to Japan in the last 10 years."

When Buffett was a quant
05/03/20   Buffett
"From 1957 to 1969, deep-value stocks went from trading at 3x price-to-cash-flow to over 7x price-to-cash flow, nearing the all-time peak valuation for value stocks. Buffett's return of 24.5% per year in his first decade was a virtually identical result to simply buying the cheapest 10% of stocks in the market (for context, during that decade, this decile of the market was about 75 stocks that averaged about $75 million in market cap)."

Berkshire Hathaway AGM
05/03/20   Buffett
"Warren Buffett shares his unscripted views on the company, the markets, the economy, corporate governance, and a lot more." [video]

The American tailwind
04/24/20   Buffett
"I don't think we'll have a long-lasting Great Depression. I think government will be so active that we won't have one like that. But we may have a different kind of a mess. All this money-printing may start bothering us."

Letter from Ernest Buffett
03/22/20   Buffett
"For a good many years your grandfather kept a certain amount of money where he could put his hands on it in very short notice. For a number of years I have made it a point to keep a reserve, should some occasion come up where I would need money quickly, without disturbing the money that I have in my business. There have been a couple occasions when I found it very convenient to go to this fund. Thus, I feel that everyone should have a reserve."

2 hours of Buffett
02/28/20   Buffett
"CNBC's full interview with Berkshire Hathaway CEO Warren Buffett"

Berkshire Hathaway letter
02/21/20   Buffett
"Over time, we want Berkshire's share count to go down. If the price-to-value discount (as we estimate it) widens, we will likely become more aggressive in purchasing shares. We will not, however, prop the stock at any level." [pdf]

The wager revisited
02/07/20   Buffett
"The best yardstick for success isn't whether you beat a benchmark, or your neighbor, or your brother-in-law. Instead, the best measure of success is whether you meet your financial goals - while also sleeping at night."

BAC blocks Buffett's call
10/11/19   Buffett
"In an interview with Bloomberg Television, Bank of America Chief Executive Officer Brian Moynihan recalled how Buffett initially tried to reach his company with a proposal eight years ago. The legendary investor called a public phone line and was rebuffed."

Buffett is buying banks
08/19/19   Buffett
"Warren E. Buffett's Berkshire Hathaway has been building its position in banks over the past year. It is now among the five biggest shareholders in Bank of America, JPMorgan Chase, Wells Fargo, Goldman Sachs, U.S. Bancorp and Bank of New York and owns big stakes in others. Its latest disclosure of its holdings showed that the firm had added to its positions in some of those companies in the second quarter."

Berkshire Hathaway AGM
05/08/19   Buffett
"Video of the 2019 Berkshire Hathaway Annual Shareholders Meeting" [video]

Warren Buffett, Charlie Munger and Bill Gates
05/08/19   Buffett
"Warren Buffett, Charlie Munger and Bill Gates sit down with Becky Quick to discuss a variety of topics including the markets, the state of the economy, the China trade talks and the state of health care around the world." [video]

Factor exposure of Berkshire Hathaway
04/16/19   Buffett
"BRK.A had positive exposure to the Value, Size, Low Volatility, and Quality factors as well as negative exposure to Growth and Dividend Yield"

Buffett interview
02/25/19   Buffett
"CNBC's Becky Quick sits down with Berkshire Hathaway CEO Warren Buffett. The billionaire investor weighs in on Kraft Heinz, Apple, the financial sector and his own investment strategy." [video]

Buffett's 2018 letter
02/23/19   Buffett
"Long-time readers of our annual reports will have spotted the different way in which I opened this letter. Fornearly three decades, the initial paragraph featured the percentage change in Berkshire's per-share book value. It's now time to abandon that practice."

Ajit Jain buys
12/26/18   Buffett
"Berkshire Hathaway's Ajit Jain bought about $20 million of stock on Dec. 18, according to a regulatory filing on Thursday."

What Warren sends at Christmas
12/26/18   Buffett
"And on the left is Buffett's 2018 card, for which he dressed down, at age 88, to a tee shirt and saluted Munger, who turns 95 on January 1."

Why BRK?
11/26/18   Buffett
"This is why you get equity-like returns on BRK despite BRK having so much cash/cash equivalents on the balance sheet. This is hardly the balance sheet of a bearish CEO."

Buffett's underrated investment attribute
11/12/18   Buffett
"The main point of this post has nothing to do with Freddie Mac or Sears specifically, but rather the remarkable ability Buffett has to change his mind when he realizes he is wrong."

Berkshire's repurchase
11/05/18   Buffett
"the average price paid of $312,807/A and $207.09/B is pretty typical for that range of dates."

Has Buffett lost it?
11/05/18   Buffett
"The bull and bear argument has been the same for years, so I don't want to get into it again here, but I feel like AAPL has sort of been chasing the crowd lately rather than leading it or disrupting it like they used to during the Jobs years. But again, this would get the AAPL fans all fired up and angry, so maybe I'll leave it at that. I'll just say that moving up to higher end products to make up for declining growth momentum reminds me of retailers/restaurants that hid declining traffic/unit volumes by moving up-market or raising prices. It works for a while until people finally say, no mas, and will no longer pay high prices. Sort of reminds me of J. Crew, P&G etc."

Why Warren Buffett said no to Lehman
09/17/18   Buffett
"Warren Buffett's Berkshire Hathaway is famous on Wall Street for having the cash to make deals happen, even during a crisis. But in 2008, he turned down both Lehman Brothers and AIG when they asked for help. In an interview with WSJ, he explains why." [video]

When Oracles Err
07/30/18   Buffett
"Mark Twain was a literary giant - but a horrible investor. John Maynard Keynes was one of history's greatest economists, but his genius for economics was less helpful to his own investment choices than his mental flexibility. Warren Buffett's investment track record is almost without equal, but he once made a $6 billion mistake." [audio]

Warren and Bill visit a candy store
06/19/18   Buffett
"So when we got together in Omaha during this year's Berkshire Hathaway shareholder meeting, we decided to check out a real candy store."

Berkshire Hathaway 2018 AGM
05/07/18   Buffett
"Investors and non-investors alike can witness history, live, as Chairman and CEO Warren Buffett and his right-hand man Charlie Munger share their unscripted views on the company, the markets, the economy, corporate governance, and a lot more." [video]

The Warren Buffett Archive
05/07/18   Buffett
"The Warren Buffett Archive is the world's largest collection of Buffett speaking about business, investing, money and life."

Warren Buffett speech
04/02/18   Buffett
"One day, Warren Buffet came to campus to speak to the College of Business. I didn't think much of this speech at the time but I saved it for some reason. 15 years later, as a founder of my own company, I watch and listen to this particular speech every year to remind myself of the fundamentals and values Mr. Buffett looks for." [video]

The billionaire whisperer
03/27/18   Buffett
"For Bezos, Dimon, and Buffett, it was another splashy headline in careers that have pushed boundaries. Behind the scenes, though, Combs largely spearheaded the effort, according to a person familiar with the matter. For months, Combs shuttled among the CEOs to get them to commit to doing something about a problem they.d discussed informally for years, the person says."

Warren Buffett: Advice for entrepreneurs
03/05/18   Buffett
"Warren Buffett, Berkshire Hathaway CEO , talked about his personal experience in business and gave advice to small business owners." [video]

Buffett talks to Becky Quick
02/26/18   Buffett
"Ajit has bought every share of that, come on, you know, in the open market and he buys it just like anybody else. If it goes down, he suffers. I mean, we do not have one way things. We don't grant the directors restricted shares or anything of the sort. We want our directors to stand in the shoes of the shareholders. We don't have directors and officers insurance liability. I think maybe one other company on the New York Stock Exchange does it. If we do something really dumb and they lose - a company loses a lot of money, they lose money and it's real money to them. It isn't just something that was given to them."

Buffett's annual letter
02/24/18   Buffett
"The bet illuminated another important investment lesson: Though markets are generally rational, they occasionally do crazy things. Seizing the opportunities then offered does not require great intelligence, a degree in economics or a familiarity with Wall Street jargon such as alpha and beta. What investors then need instead is an ability to both disregard mob fears or enthusiasms and to focus on a few simple fundamentals. A willingness to look unimaginative for a sustained period - or even to look foolish - is also essential."

Buffett's investments in encyclopedias
12/04/17   Buffett
"Warren Buffett has eclectic taste in companies. Along with large, thriving businesses such as Geico and the BNSF Railway, he's accumulated a collection of head-scratchers. There's a bowling shoe brand, a maker of vacuum cleaner bags, almost three dozen newspapers, and the manufacturer of Ginsu knives. Then there's World Book."

Warren Buffett interview
10/07/17   Buffett
"Warren Buffett, Berkshire Hathaway chairman and CEO, speaks with CNBC's Becky Quick about his outlook on markets, tax reform and his new investment in Pilot Flying J." [video]

Warren's pension
10/01/17   Buffett
"We're all equities....We don't have any bonds in our pension funds"

I negotiated with Buffett
09/23/17   Buffett
"I realized that he wasn't focused on how much I was paying. All he really cared about is that I love baseball. He wasn.t trying to squeeze out every last dollar, he just wanted the right custodian of his hometown team."

Warren Buffett on Harvey
09/02/17   Buffett
"Warren Buffett, Berkshire Hathaway, speaks with CNBC's Becky Quick about Hurricane Harvey, the U.S. economy and his stock holdings." [video]

3G's wiener
08/07/17   Buffett
"Why the hatchet men of 3G spent $10 Million on a better Oscar Mayer wiener"

Buffett PBS interview 1
07/02/17   Buffett
"Dubbed the "Oracle of Omaha," Warren Buffett is an investment rock star. What's his take on the state of the economy? He recently sat down with Judy Woodruff for a wide-ranging, two-part interview on inequality, the Paris climate agreement, health care reform and much more." [video]

Buffett PBS interview 2
07/02/17   Buffett
"What does billionaire Warren Buffett think of Republican health care bills that would roll back taxes for wealthy Americans like him? Buffett discusses everything from how he's giving away billions in philanthropy to how much sleep he gets to what's on his personal income taxes in the second part of Judy Woodruff's exclusive interview." [video]

Testing mattresses with Buffett
06/11/17   Buffett
"This year, Warren took me on a tour of Nebraska Furniture Mart, a super-successful megastore owned by Berkshire. We tried out some lounge chairs, played with remote-controlled mattresses, and somehow managed to get lost. Take a look..." [video]

The bet with Buffett
05/07/17   Buffett
"Ted and I discuss the origins of the bet, the nuances beneath the headlines, and whether he'd make the bet again for the next ten years. Along the way, we cover many hot topics like hedge funds, alternatives, fees, and indexing." [audio]

Berkshire Hathaway AGM
05/07/17   Buffett
"Video of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE." [video]

Warren talks Todd and Ted
04/30/17   Buffett
"I recently sat down with Buffett, Combs and Weschler in Omaha for a rare three-way interview. What emerges is that Combs and Weschler are actually a whole lot like Buffett and his partner Charlie Munger." [video]

Warren Buffett's letter
02/25/17   Buffett
"I'm certain that in almost all cases the managers at both levels were honest and intelligent people. But the results for their investors were dismal - really dismal. And, alas, the huge fixed fees charged by all of the funds and funds-of-funds involved - fees that were totally unwarranted by performance - were such that their managers were showered with compensation over the nine years that have passed. As Gordon Gekko might have put it: 'Fees never sleep.'"

How Warren taught us optimism
02/19/17   Buffett
"Warren Buffett is one of the best loved people in the world -- and it's easy to see why. He's jovial and friendly. He's funny and wise. He makes people feel good about themselves. But he has one quality that fuels all the others: Warren is the most upbeat, optimistic person we know."

Gates and Buffet town hall
01/28/17   Buffett
"Bill Gates and Warren Buffet at Columbia University" [video]

Invest like Buffett
12/11/16   Buffett
"What do George Soros, Warren Buffett and a computer have in common? Turns out, a lot. At least that's the view of AQR Capital Management, the program-driven investment firm whose founders made their names finding the math behind investment success."

The quality brand Mittelstand
11/27/16   Buffett
"If you had asked me back then which of the two companies would go the distance, I don't doubt for a second I would have answered the Washington Post. And as late as 1988, when The Powers that Be became the first grownup book I ever read, I still thought of it as a colossus. Yet as events transpired, the Post has come quite a way down in the world, while humble See's is still, in Buffett's words, a 'dream business.'"

Buffett talks to UofM students
11/27/16   Buffett
"Today, with $1 million, he and Charlie would probably invest in four stocks."

Learning from See's Candies
11/27/16   Buffett
"Berkshire's purchase of a boxed candy business founded by the See family in California fundamentally changed the investing world because it changed the way Buffett and Munger thought about investing. While you may never have the chance to own a business like See's Candies, by better understanding the nature of a dream business you can more easily find a business to invest in that shares some of its positive attributes."

The 17 year bet
11/27/16   Buffett
"But the record shows that the period's gross returns are anemic enough to confirm Buffett's general accuracy. From mid-November, 1999, to last Friday's trading day, the annualized total return to investors from the Dow Industrials was 5.9%."

Warren Buffett is an artful influencer
10/09/16   Buffett
"Warren Buffett's annual shareholder letter is an opportunity for him to exercise influence. The letter's tone is friendly and homespun, but Buffett takes it even further. He gives Berkshire shareholders the impression that he is actively looking out for their welfare."

Buffett vs. Vanguard
10/02/16   Buffett
"He noted that retirement portfolios heavily skewed to equities have traditionally been viewed as risky because of their volatility. But for retirees, there are perhaps two greater risks: that the investor will outlive the portfolio; and that the portfolio's value may not be maximized if passing on wealth is the objective."

Take-downs of Warren Buffett
08/28/16   Buffett
"Buffett achieved that record without embracing the tightrope-walking risks, the ethical shortcuts, or the death-by-slow-obsolescence that have undone so many big corporations (of the 30 companies in the Dow Jones Industrial Average when Buffett took the helm at Berkshire, only three remain.)"

Ted Weschler makes his mark
07/24/16   Buffett
"He honed his skills at Peninsula Capital Advisors, the hedge fund firm he launched in 2000 above a bookstore in a Charlottesville mall. Peninsula's $2 billion fund returned 1,236 percent before he shuttered it in 2011, versus 146 percent for Berkshire during the same period."

Bexit
06/25/16   Buffett
"Shareholder activism spares no one, no matter how high their pedestal. Berkshire Hathaway is a public company, and as far as we know, Buffett has not chosen to entrench his successors with new supervoting shares or anything of that sort. How long will his life's work survive in an era of pervasive shareholding activism? It seems almost inevitable that Buffett's company, like the public vehicles of so many other successful investors, will become a target. It will be up to Berkshire's shareholders to defend it."

Mohnish Pabrai at UCI
06/05/16   Buffett
"Mohnish Pabrai lecture at The University of California, Irvine: Mental Models Used for the Coca-Cola Investment by Berkshire Hathaway"

We haven't cracked the code yet
05/29/16   Buffett
"In most cases there are some years left to crack the code. But we haven't done it. Maybe (the industry) started too late."

Key moments from BRK meeting
05/01/16   Buffett
"When Buffett and Munger speak, the world listens. Their comments on the economy, the markets, politics, and Berkshire Hathaway are as closely parsed as Federal Reserve statements. But Fed Chair Janet Yellen didn't secure a place in this year's commentary by either Buffett or Munger. Instead, the Oracle of Omaha and his right-hand man focused on business and why shareholders should continue to bet on Berkshire."

The lost art of reading
04/03/16   Buffett
"Mr. Abbott has read roughly 1,500 letters so far. Only 16 jumped out as outstanding. 'I've been flabbergasted at how low the average quality is,' he said."

Buffett on the media
03/27/16   Buffett
"Twenty years ago, investor Warren Buffett accepted an Omaha Press Club Education Committee invitation to spend an hour talking about media."

Berkshire Hathaway 2015 letter
02/27/16   Buffett
"All families in my upper middle-class neighborhood regularly enjoy a living standard better than that achieved by John D. Rockefeller Sr. at the time of my birth. His unparalleled fortune couldn't buy what we now take for granted, whether the field is - to name just a few - transportation, entertainment, communication or medical services. Rockefeller certainly had power and fame; he could not, however, live as well as my neighbors now do"

Bill Gates and Warren Buffett
05/23/15   Buffett
"Bill Gates talks with his friend Warren Buffett about his rules for smart investing, how he learned to explain complicated financial dealings so clearly, and how he got Bill into bridge and golf."

The 2015 Berkshire Hathaway AGM
05/02/15   Buffett
"MoneyBeat live-blogged the all-day event from Mr. Buffett's first sip of cherry Coke to his last bite of See's candy. Here's how it all went down"

I was wrong on interest rates
05/02/15   Buffett
"Buffett said that he wouldn't have predicted that interest rates could have stayed this low for this long without a problem. 'So far, I have been wrong on interest rates,' said Buffett. 'It is so hard for me to believe that you can drop money from a helicopter and not have inflation, but we haven't.'"

Ivey students meet Buffett
04/11/15   Buffett
"One thing that Sam Walton and Mrs. B had in common is they had passion for the business. It isn't about the money, at all. It was about winning. Passion counts enormously; you have to really be doing it because you love the results, rather than the money. When we buy businesses, we are looking for people that will not lose an ounce of passion for the business even after their business is sold. And getting in bed with people like that is what it's all about."

Buffett can't find cheap stocks to buy
04/04/15   Buffett
"Legendary investor Warren Buffett is not ready to say stocks are in bubble territory, but he also thinks there are 'very few' cheap stocks out there."

Kraft-Heinz
03/28/15   Buffett
"That sounds like a good deal to me. You get a nice premium, and you end up with a better stock than you owned previously. You were stuck with sort of a no-growth situation and suddenly there is hope. The new Kraft-Heinz (synergies are already priced into the above metrics) would not only have better margins, but also a much more interesting and promising growth profile than the current KRFT."

Berkshire's 2014 Letter
02/28/15   Buffett
"Undeterred by my first mistake of committing much of BPL's resources to a dying business, I quickly compounded the error. Indeed, my second blunder was far more serious than the first, eventually becoming the most costly in my career."

Buffett's stock pickers
10/19/14   Buffett
"So how have the Oracle's disciples done? Quite impressively, according to our estimates. Both have outpaced the S&P 500 in their time at Berkshire (their compensation is determined by how much they beat that index over three years). Combs has done the better of the two, generating a cumulative return of 116% over the past nearly four years-more than double the S&P's 55% over the same period. Weschler's portfolio is up 81%, but he's had only three years to prove himself. Combs' picks increased an incredible 51% last year alone. And Weschler is well ahead of the market this year."

Warren Buffet on investment strategy
10/11/14   Buffett
"The annual Fortune MPW interview with the world's most successful investor - Warren Buffett, Chairman and CEO, Berkshire Hathaway." [video]

The wrath of Warren Buffett
09/19/14   Buffett
"But this was one time where Buffett's laissez-faire management style would fail him. Some years later, a Benjamin Moore CEO began pursuing a strategy that chipped away at Buffett's pledge. By 2012 the CEO was nearing a deal-an agreement to sell through Lowe's-that would have shattered the promise. Buffett got wind of the plan, intervened, and scotched the arrangement. But the damage was done: Dealers revolted and today, two years later, the company is still recovering from the tumult, still searching for ways to expand its sales, and still working to regain the trust of its 4,200 dealers."

2014 Berkshire Hathaway meeting
05/04/14   Buffett
"Morningstar's on-the-spot meeting coverage."

Why I broke up with Warren Buffett
04/27/14   Buffett
"Even you now seem to doubt that Berkshire can keep beating the market. In your most recent annual report, you revealed that 90% of the money that will be left to your widow will be invested in an S&P 500 index fund. As usual, you're being realistic. I'll always treasure that about you. But it's time to go."

Buffett the market timer?
03/23/14   Buffett
"So yes, Buffett did retire in 1969 due to the lack of investment opportunity so in that sense it does sort of smell like market timing; he got out at the top. But does his retirement really mean that he lost faith in stocks as good long term investments at the then prices? His expectations suggest not."

Berkshire Hathaway report for 2013
03/01/14   Buffett
"Local and state financial problems are accelerating, in large part because public entities promised pensions they couldn't afford. Citizens and public officials typically under-appreciated the gigantic financial tapeworm that was born when promises were made that conflicted with a willingness to fund them. Unfortunately, pension mathematics today remain a mystery to most Americans."

How to hold stocks: Buffett
02/24/14   Buffett
"In an exclusive excerpt from his upcoming shareholder letter, Warren Buffett looks back at a pair of real estate purchases and the lessons they offer for equity investors."

Buffett smashed the EMH
01/05/14   Buffett
Warren Buffett talks to students
12/15/13   Buffett
Berkshire billionaire with more than Gates
09/22/13   Buffett
The 1975 Buffett memo that saved WaPo's pension
08/25/13   Buffett
A rising star at Berkshire
06/16/13   Buffett
Doubt yourself
05/05/13   Buffett
Investors earn handsome paychecks
05/05/13   Buffett
Berkshire Hathaway meeting notes
05/05/13   Buffett
Buffett's annual letter
03/01/13   Buffett
A compilation of Buffett articles
12/08/12   Buffett
Charlie talks to Warren and Carol
11/27/12   Buffett
Buffett on CNBC: Summary
10/24/12   Buffett
Inside Warren Buffett's private poker game
08/31/12   Buffett
Buffett pledges $3 Billion more
08/31/12   Buffett
The secrets of See's Candies
08/22/12   Buffett
Why Berkshire is killing it right now
07/18/12   Buffett
Buffett speaks with Betty Liu
07/13/12   Buffett
Newspaper Work
06/18/12   Buffett
Buffett's idiot challenge seized by Jain
05/23/12   Buffett
Buffett deal secrecy
05/23/12   Buffett
Another Warren Buffett?
05/05/12   Buffett
Buffett battles cancer
04/17/12   Buffett
Warren Buffett's $50 Billion decision
03/26/12   Buffett
The Warren Buffett of....
03/08/12   Buffett
Warren Buffett Interview
02/27/12   Buffett
Berkshire Hathaway 2011
02/25/12   Buffett
Why stocks beat gold and bonds
02/09/12   Buffett
Warren Buffett Interview
02/09/12   Buffett
Warren Buffett's Bizarre Non-Sequitur
01/12/12   Buffett
Buffett's BofA stake
08/25/11   Buffett
An hour with Warren Buffett
08/18/11   Buffett
Stop coddling the super-rich
08/15/11   Buffett
The lower stocks go, the more I buy
08/11/11   Buffett
Get back to work Warren
05/10/11   Buffett
Berkshire Annual Meeting
04/30/11   Buffett
Buffett's Profit on GE
04/22/11   Buffett
Five Tips From Warren Buffett
03/02/11   Buffett
Berkshire Hathaway 2010
02/26/11   Buffett
Berkshire's $1.2 billion selling spree
02/20/11   Buffett
Mr. Moneybags
01/23/11   Buffett
Buffett on Berkshire, Succession and America
01/09/11   Buffett
Evan Davis meets Warren Buffett
11/27/10   Buffett
Dear Uncle Sucker
11/17/10   Buffett
Pretty Good for Government Work
11/17/10   Buffett
Buffett: Combs is 'a 100% Fit'
10/26/10   Buffett
Forget gold, buy stocks
10/19/10   Buffett
$200 Billion Blunder
10/19/10   Buffett
Lou Simpson retiring from Geico
08/22/10   Buffett
Warren Buffett's Mr. Fix-It
08/02/10   Buffett
The most underrated part of Warren
07/21/10   Buffett
Buffett's best advice
07/08/10   Buffett
Live Buffett Blog
05/01/10   Buffett
Lizard Ballad: Where's Warren?
03/20/10   Buffett
Buffett casts a wary eye on bankers
03/02/10   Buffett
Buffett in the boardroom
02/27/10   Buffett
Berkshire Hathaway 2009 report
02/27/10   Buffett
Buffett takes on Chicago chokepoint
02/11/10   Buffett
Buffett on farming superhighway
02/06/10   Buffett
Buffett gets Krafty
01/06/10   Buffett
Kodak, Bill Gates and efficient markets
12/30/09   Buffett
Doing a Buffett, on the cheap
12/27/09   Buffett
A look inside Buffett's battery bet
12/10/09   Buffett
Keeping America great
11/13/09   Buffett
What would Warren do?
11/06/09   Buffett
Berkshire buys Burlington
11/03/09   Buffett
Buffett selling means you shouldn't be buying
10/08/09   Buffett
Buffett recalculating his bets
09/08/09   Buffett
Berkshire without Buffett
08/28/09   Buffett
The greenback effect
08/19/09   Buffett
What would Warren do?
08/16/09   Buffett
Berkshire profit on Goldman
07/26/09   Buffett
Buffett's $91,000 shares are a steal
07/23/09   Buffett
U.S. economy in "shambles"
06/24/09   Buffett
Buffett less bullish than you think
06/04/09   Buffett
The master of money
05/18/09   Buffett
Back-to-basics with Warren Buffett
05/05/09   Buffett
Woodstock for capitalists 2009
05/02/09   Buffett
Buffett fans set for 'capitalist Woodstock'
05/01/09   Buffett
Berkshire's decline spurred by derivatives
04/28/09   Buffett
Buffett on Wells Fargo
04/20/09   Buffett
Buffett penalized as Citigroup borrows for less
04/02/09   Buffett
How the world ignored Warren Buffett
03/29/09   Buffett
Buffett's takeover tests passed
03/19/09   Buffett
Buffett is unusually silent on rating agencies
03/19/09   Buffett
Buffett's unmentionable bank solution
03/11/09   Buffett
Economy has "fallen off a cliff"
03/09/09   Buffett
Berkshire Hathaway 2008
02/28/09   Buffett
Buffett as lender of last resort
02/27/09   Buffett
Business buyer
02/23/09   Buffett
Berkshire reduces stakes
02/17/09   Buffett
Buffett found losses in 2008
02/11/09   Buffett
Ultimate bargain-hunter never had it so good
02/06/09   Buffett
Buffett's metric says it's time to buy
02/04/09   Buffett
One-on-one with Warren Buffett
01/25/09   Buffett
10 investing basics from Buffett
01/07/09   Buffett
Buffett has 'nowhere to hide'
01/02/09   Buffett
Buffett wins $224 million storm bet
12/30/08   Buffett
Buffett will give more info on derivatives
11/24/08   Buffett
You pay a high price for a cheery consensus
11/10/08   Buffett
The other reason for Warren Buffett's success
11/02/08   Buffett
The revival of railroads
10/23/08   Buffett
The economy works
10/23/08   Buffett
Buy American. I Am.
10/17/08   Buffett
Warren E. Buffett braves a crisis
10/06/08   Buffett
Buffett: My fix for the economy
10/03/08   Buffett
Buffett buys GE preferred
10/01/08   Buffett
It's the bailout, stupid!
09/25/08   Buffett
Warren Buffett explains his Goldman investment
09/24/08   Buffett
Goldman to raise $7.5 billion from Berkshire
09/23/08   Buffett
Warren Buffett's happy housing story
09/11/08   Buffett
Buffett becomes vulture
09/02/08   Buffett
The backstory on the Buffett book
08/25/08   Buffett
Three hours with Warren Buffett
08/22/08   Buffett
Why Buffett is buying
07/10/08   Buffett
Warren Buffett gets busy
07/10/08   Buffett
Market turmoil? It doesn't rattle Warren
07/06/08   Buffett
My $650,100 lunch with Warren Buffett
07/01/08   Buffett
Record $2.1 Million for lunch with Warren Buffett
06/28/08   Buffett
Warren Buffett says sell to me, not 'porn shop'
06/25/08   Buffett
Stocks buffett would love
06/10/08   Buffett
Buffett's big bet
06/09/08   Buffett
The next Buffetts
05/27/08   Buffett
Buffett sees U.S. in recession
05/25/08   Buffett
Woodstock for capitalists 2008 blog
05/04/08   Buffett
Updates from the annual meeting
05/03/08   Buffett
Interview with Warren Buffett
05/02/08   Buffett
Warren Buffett deal interview
04/30/08   Buffett
Meet the Buffetts
04/30/08   Buffett
New advice from on high
04/30/08   Buffett
Warren Buffett - in 1974
04/30/08   Buffett
Economy in a recession, will be worse than feared
04/29/08   Buffett
Mars agrees to buy Wrigley
04/28/08   Buffett
What Warren thinks...
04/14/08   Buffett
Berkshire's free money beats LBO model
03/26/08   Buffett
Just think, the fees you could charge Buffett
03/12/08   Buffett
Gates no longer world's richest man
03/05/08   Buffett
Warren Buffett on Squawk Box part 1
03/03/08   Buffett
Warren Buffett on Squawk Box part 2
03/03/08   Buffett
Warren Buffett on Squawk Box part 3
03/03/08   Buffett
Berkshire Hathaway 2007 Letter
02/29/08   Buffett
Berkshire becomes largest Kraft shareholder
02/15/08   Buffett
Snow White killed the 'triple-A'
02/13/08   Buffett
Buffett "huge bull on the U.S. economy"
02/07/08   Buffett
Warren Buffett makes news in Canada
02/07/08   Buffett
Business Wire: A conversation with Warren Buffett
02/07/08   Buffett
What would Buffett buy?
02/05/08   Buffett
Buffett starts up bond insurer
12/28/07   Buffett
Buffett wins the Pritzkers' prize
12/26/07   Buffett
Video tour of Berkshire Hathaway
12/02/07   Buffett
Imitation is the sincerest form of flattery
11/26/07   Buffett
A Buffett investment that wasn't
11/20/07   Buffett
Buying what Buffett buys on filings doubles S&P 500
11/16/07   Buffett
Buffett testifies
10/31/07   Buffett
Buffett predicts a long flight for loonie
10/14/07   Buffett
Interview with Warren Buffett
10/14/07   Buffett
Get buffed up
10/05/07   Buffett
Warren Buffett: "I don't care" if the Fed cuts rates
09/18/07   Buffett
Warren Buffett MBA Talk
09/08/07   Buffett
A world of winners, Warren's way
08/11/07   Buffett
Tend to overanalyse stocks?
08/11/07   Buffett
Making money the Warren Buffett way
08/04/07   Buffett
How Buffett bounces back
07/02/07   Buffett
Warren Buffett timeline
06/08/07   Buffett
Turtles in Omaha
05/31/07   Buffett
Top 20 questions from 2007's meeting
05/27/07   Buffett
Buffett's Squanderville all maxed out
05/23/07   Buffett
Picks from Berkshire's portfolio
05/23/07   Buffett
Buffett reveals stakes in two railroads
05/19/07   Buffett
Live from Omaha
05/15/07   Buffett
What Buffett might buy
05/07/07   Buffett
Regaled with Buffettania
05/07/07   Buffett
Buffett ready to buy 'big business'
05/06/07   Buffett
Buffett, the Wal-Mart shopper
05/06/07   Buffett
Berkshire Hathaway resembles a mutual fund
05/03/07   Buffett
A maestro of investments
04/24/07   Buffett
Buffett's Berkshire buys big Burlington stake
04/07/07   Buffett
Buffett wisdom
04/04/07   Buffett
User's guide to Buffett's portfolio
03/26/07   Buffett
Warren Buffet talks competitiveness
03/16/07   Buffett
No free rides on Berkshire's dollar
03/15/07   Buffett
Berkshire Hathaway's 5-star stocks
03/02/07   Buffett
Berkshire Hathaway annual for 2006
03/01/07   Buffett
Buffett bets on housing
02/22/07   Buffett
One of our favorite 5-star stocks
02/10/07   Buffett
Buy 'em like Buffett
02/09/07   Buffett
The Berkshire Hathaway portfolio
01/12/07   Buffett
Words of wisdom from Warren Buffett
01/12/07   Buffett
Warren Buffett Q&A video
01/06/07   Buffett
How Warren Buffet made his billions
12/26/06   Buffett
Why Warren Buffett's a genius again
11/28/06   Buffett
The billionaire next door
11/13/06   Buffett
Hedge funds are older than you think
10/09/06   Buffett
The battle of the billionaires
09/13/06   Buffett
Warren Buffett Interviews
07/16/06   Buffett
Would you like that $11 billion in twenties?
07/11/06   Buffett
Warren Buffett gives away his fortune
06/25/06   Buffett
See's, Buffett's candy shop, pushes across U.S. again
05/25/06   Buffett
38 stocks in the Buffett portfolio
05/24/06   Buffett
The Warren & Charlie Show: 2006
05/10/06   Buffett
Buffett solves his cash crisis
05/07/06   Buffett
Wit and wisdom of Buffett and Munger
05/07/06   Buffett
Omaha notebook
05/07/06   Buffett
Buffett: Real estate slowdown ahead
05/06/06   Buffett
Age and acquisitions top Berkshire agenda
05/04/06   Buffett
Harley-Davidson, Mattel fit Buffett purchase criteria
05/04/06   Buffett
Buffett shares wisdom with students
04/15/06   Buffett
Buffett makes $14 Billion bet on global stocks
04/03/06   Buffett
Visiting Warren Buffett
03/30/06   Buffett
OK, bash Buffett - but buy his stock
03/28/06   Buffett
The trouble with being a legend
03/22/06   Buffett
Buffett's biz worth less than sum of its parts
03/13/06   Buffett
Warren Buffett's billion dollar secrets
03/06/06   Buffett
Berkshire Hathaway report for 2005
03/04/06   Buffett
Oracle of Omaha offers words of wisdom
02/28/06   Buffett
Students pitch Oracle of Omaha
02/01/06   Buffett
Buffett warns of trouble
01/19/06   Buffett
Buffett Q&A
01/18/06   Buffett
Warren Buffett in 1974
12/25/05   Buffett
What's in Buffett's shopping bag
11/28/05   Buffett
Berkshire Hathaway reveals stakes
11/22/05   Buffett
Warren Buffett, unplugged
11/17/05   Buffett
33 Stocks in the Buffett portfolio
10/26/05   Buffett
Q&A session with Warren Buffett
10/25/05   Buffett
Imitation is the sincerest form of flattery
10/18/05   Buffett
The $91 Billion conversation
10/17/05   Buffett
How Buffett accumulated $40b
08/25/05   Buffett
Invest like Warren Buffett
08/08/05   Buffett
A Buffett-style performance
08/07/05   Buffett
Is Warren ever wrong?
08/06/05   Buffett
Warren Buffett Q&A
07/13/05   Buffett
American Everyman
06/19/05   Buffett
Another Buffett buffet
06/15/05   Buffett
Warren Buffett's problem child
06/15/05   Buffett
Buffett unit to buy utility for $9.4B
05/25/05   Buffett
Roundup of the Berkshire Hathaway meetings
05/18/05   Buffett
Cash happens
05/18/05   Buffett
Still earning after all these years
05/04/05   Buffett
Buffett exclusive: trade, taxes, terror
05/04/05   Buffett
Notes from the 2005 "Woodstock of Capitalists"
05/03/05   Buffett
The oracle speaks
05/01/05   Buffett
Follow the Acme brick road
05/01/05   Buffett
Berkshire Hathaway has grown, but so has wariness
04/26/05   Buffett
New Monopoly game features Warren Buffett
04/23/05   Buffett
Buffett shows a taste for Budweiser
04/21/05   Buffett
Nobody's fool
04/05/05   Buffett
Is Buffett in trouble?
04/05/05   Buffett
Buffett isn't investing; why should you?
03/29/05   Buffett
Buffett may face regulators
03/29/05   Buffett
Learn to think Like Warren Buffett
03/20/05   Buffett
Even Buffet times it wrong
03/13/05   Buffett
Steel man forges slot among super-rich
03/10/05   Buffett
Lessons from Buffett's Annual Letter
03/10/05   Buffett
Fuzzy math and stock options
03/05/05   Buffett
Selling the nation
03/05/05   Buffett
Berkshire Hathaway 2004 annual report
03/05/05   Buffett
Investing in the 'cult of Buffett'
02/26/05   Buffett
Meeting with Warren Buffett
02/24/05   Buffett
Berkshire doubles Comcast stake
02/15/05   Buffett
P&G to buy Gillette for $57B
01/28/05   Buffett
Buffett firm helps with SEC probe
01/04/05   Buffett
What Warren Buffett learnt from Graham
12/21/04   Buffett
Financial time bombs
12/08/04   Buffett
Students pay homage to Sage of Omaha
12/03/04   Buffett
Gleaning insights from Berkshire
11/21/04   Buffett
The top givers
11/19/04   Buffett
Buffett fans visit Neb. to learn tips firsthand
11/17/04   Buffett
Buffett's Berkshire could be the right 'fund' for you
10/09/04   Buffett
Buffett lunch fetches $202,100
07/09/04   Buffett
Fuzzy math and stock options
07/06/04   Buffett
Secrets behind a successful media company
07/04/04   Buffett
Buffett on the block
06/29/04   Buffett
Buffett continues to sell
05/20/04   Buffett
Warren and me
05/18/04   Buffett
Warren Buffett and his 20 punches
05/05/04   Buffett
Warren Buffett dishes out advice
05/05/04   Buffett
Notes from the 2004 Berkshire Hathaway meeting
05/03/04   Buffett
Buffett's wit and wisdom
05/03/04   Buffett
What Warren Buffett wants you to know
05/03/04   Buffett
Munger crowd favorite at Berkshire meeting
05/02/04   Buffett
Berkshire Hathaway millionaires gather
05/02/04   Buffett
Folksy fun at Buffett meeting
05/01/04   Buffett
Warren Buffett, rock star
05/01/04   Buffett
Warren Buffett ready to hold court
04/30/04   Buffett
Reformers' proxy votes polarize governance debate
04/18/04   Buffett
Enter Berkshire meeting for $2.50
04/17/04   Buffett
Buffett's Coke role questioned
04/12/04   Buffett
Buffett's investing strategy scrutinized
03/29/04   Buffett
Herb lore from the Sage of Omaha
03/11/04   Buffett
Buffett's annual letter
03/06/04   Buffett
Buffett sells. Should you?
03/05/04   Buffett
Warren, show me the money
12/15/03   Buffett
Wall St. Journal 'Buffetted'
11/21/03   Buffett
What's Buffett up to?
11/12/03   Buffett
The battle for Buffett's picks
11/10/03   Buffett
Buffett, screaming value and the DCF
11/03/03   Buffett
The contradictions Of Warren Buffett
11/03/03   Buffett
Warren Buffett speaks his mind
10/29/03   Buffett
Buffett's major currency investment
10/28/03   Buffett
Pass the Coke!
10/27/03   Buffett
Notes from Berkshire Hathaway & Wesco meetings
10/26/03   Buffett
The Superinvestors of Graham and Doddsville
10/21/03   Buffett
Sharing his wealth
10/20/03   Buffett
Buffett's company to sell $1.5B in debt
09/29/03   Buffett
High court hears from Buffett
09/09/03   Buffett
Pious Buffett should heed own counsel
09/02/03   Buffett
Auditing an Oracle
08/28/03   Buffett
All about California
08/23/03   Buffett
The world's greatest trader
08/13/03   Buffett
Schwarzenegger campaign taps Buffett as adviser
08/13/03   Buffett
Buffett bids: $80,000 and rising
07/10/03   Buffett
Buffett hits back at Greenspan
05/13/03   Buffett
Buffett: Do as I say, not as I did
05/08/03   Buffett
Warren Buffett's profits soar
05/04/03   Buffett
Buffett says CEOs overpaid
05/04/03   Buffett
Buffett now worth about $32.8 billion
03/22/03   Buffett
Warren's 2002 Report
03/09/03   Buffett
Comeback Crusader
03/03/03   Buffett
Words from the Wise
01/30/03   Buffett
The jewels in Berkshire Hathaway's crown
12/09/02   Buffett
Buffett emerges as major Lloyd's insurance backer
11/06/02   Buffett
Buffett succeeds at nothing
11/01/02   Buffett
Is Buffett buying?
10/17/02   Buffett
Flying in the face of excess with the Sage of Omaha
09/30/02   Buffett
Buffett the bargain-hunter returns
09/11/02   Buffett
The new Buffett way
09/05/02   Buffett
Get your Buffett fix
08/11/02   Buffett
Warren Buffett & his CEO's-A team that works
05/30/02   Buffett
Rich beyond reason
05/08/02   Buffett
When Buffett talks, 14,000 people listen
05/06/02   Buffett
Warren's piece
05/05/02   Buffett
Buffett: 'I can't recall ever having more fun'
05/05/02   Buffett
Buffetting corporate America
03/20/02   Buffett
Buffett's 2001 letter
03/10/02   Buffett
Buffett on Ga. buying spree
03/05/02   Buffett
Berkshire: strong in times of trial
10/09/01   Buffett
Memo from Mr.Buffett
10/05/01   Buffett
  Articles by
  Norman Rothery

Topics
  Academia
  Behaviour
  Bonds
  Books
  Brokers
  Christmas
  Crime
  Dividends
  Economics
  Economy
  Fun
  Funds
  Government
  Growth Investing
  Health
  History
  Indexing
  Management
  Markets
  Media
  Real Estate
  Retirement
  Science
  Stingy Investing
  Stocks
  Taxes
  Thrift
  Value Investing
  Wealth
  World

Personalities
  Warren Buffett
  Benjamin Graham
  Charlie Munger
  David Dreman
  Martin Whitman
  Tweedy Browne
  James Montier
  John Dorfman
  Prem Watsa
  Francis Chou
  Walter Schloss
  Seth Klarman
  Nassim Taleb
  Robert Shiller
  James Grant
  John Bogle
  John Neff
  Bill Gross
  Dan Hallett
  Tim Cestnick
  Jason Zweig
  Norm Rothery

Article Archive
  2001
  2002
  2003
  2004
  2005
  2006
  2007
  2008
  2009
  2010
  2011
  2012
  2013
  2014
  2015
  2016
  2017
  2018
  2019
  2020
  2021
  2022
  2023
  2024
  2025

 
About Us | Legal | Contact Us
Disclaimers: Consult with a qualified investment adviser before trading. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, financial advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. More...