Berkshire Hathaway's Warren Buffett has sold out his position in Bank of America and added to US retail bank Wells Fargo.
Warren Buffett's $5bn investment in Goldman Sachs after Lehman Brothers collapsed was a ‘wager' to allow the Federal Reserve to take on debt and prop up the economic recovery.
Warren Buffett has pledged $50m to the creation of a UN nuclear fuel bank, keeping a promise the Sage of Omaha made back in 2006.
Legg Mason's chairman Bill Miller has slammed investors for ignoring the advice of ‘the Sage of Omaha' Warren Buffett.
Billionaire investment guru Warren Buffett is to receive the 2010 Medal of Freedom from President Obama in recognition of his philanthropic work.
Berkshire Hathaway will give its new manager Todd Combs a limited portfolio worth about $2bn to $3bn while Warren Buffett assesses his performance.
Warren Buffett's Berkshire Hathaway has taken a $52m stake in the Bank of New York Mellon and increased its holding in Wells Fargo.
The future succession of Warren Buffett at Berkshire Hathaway took another twist yesterday after the billionaire hired a 39-year-old hedge manager to his investment team.
Billionaire investment guru Warren Buffett says it will be a "sad day" when Goldman Sachs unwinds his profitable $5bn position in the banking giant.
The US Securities and Exchange Commission questioned Warren Buffett's Berkshire Hathaway in Q2 on why it was not writing down large losses on shares in Kraft and US Bancorp.