• The 11 best quotes of Warren Buffett advised graduates to read, learn to express themselves, and find a job they love

    The 11 best quotes of Warren Buffett advised graduates to read, learn to express themselves, and find a job they love

    Warren Buffett's advice to young people: Read widely, find a job you're passionate about, and earn the love and admiration of those around you.
  • Shares of Buffett-backed Snowflake soar in NYSE debut

    Shares of Buffett-backed Snowflake soar in NYSE debut

    Warren Buffett-backed Snowflake’s shares more than doubled in value in a volatile debut on the New York Stock Exchange on Wednesday, after the cloud-based data warehouse company raised $3.36 billion in the largest US listing so far in 2020. Shares of the San Francisco-based company opened at $245 apiece, but the trading was briefly halted. …
  • Berkshire Hathaway invests $6 billion in five Japanese companies

    Berkshire Hathaway invests $6 billion in five Japanese companies

    Warren Buffett got himself a $6 billion birthday present. The billionaire investor’s Berkshire Hathaway conglomerate revealed Sunday — on the Oracle of Omaha’s 90th birthday — that it bought stakes of slightly more than 5 percent in each of Japan’s top five trading companies. Berkshire said it had amassed long-term investments in Itochu, Marubeni, Mitsubishi, …
  • Bill Ackman wants blank-check IPO of up to $6.5 billion

    Bill Ackman wants blank-check IPO of up to $6.5 billion

    Bill Ackman wants $6.5 billion to go unicorn hunting. In regulatory filing on Monday, the billionaire hedge fund manager announced new plans for his “blank-check IPO,” including efforts to raise $3 billion to $6.5 billion — up from $1 billion. Ackman, 54, also revealed plans to use the money to go after “mature unicorns,” which …
  • Bill Ackman dumps $1 billion stake in Warren Buffett’s Berkshire Hathaway

    Bill Ackman dumps $1 billion stake in Warren Buffett’s Berkshire Hathaway

    Bill Ackman told investors that his hedge fund has sold its $1 billion stake in Warren Buffett’s Berkshire Hathaway. The hedge-fund billionaire, a longtime outspoken Buffett acolyte, explained that the move was made to give his fund, Pershing Square Capital Management, the cash it needs to make the kind of investments that the 89-year-old Buffett …
  • Warren Buffett fields question from Bill Murray at Berkshire meeting

    Warren Buffett fields question from Bill Murray at Berkshire meeting

    Warren Buffett took a call from comedy legend Bill Murray during Berkshire Hathaway’s virtual annual meeting on Saturday, prompting a serious discussion on income inequality. Murray, a Berkshire shareholder known for his role in films like “Caddyshack” and “Ghostbusters,” submitted his question through a moderator at this year’s remote event, according to CNBC. “This pandemic …
  • Airline stocks plunge after Warren Buffett dumps Berkshire Hathaway stake

    Airline stocks plunge after Warren Buffett dumps Berkshire Hathaway stake

    Airline stocks took a nosedive Monday after investing icon Warren Buffett said he dumped his company’s stake in the four major US carriers. Shares in American Airlines, Delta Air Lines and United Airlines each plunged at least 14 percent Monday after the billionaire Berkshire Hathaway boss said his conglomerate has completely abandoned its investments in …
  • Buffett’s virtual meeting aims to show Berkshire weathering coronavirus storm

    Buffett’s virtual meeting aims to show Berkshire weathering coronavirus storm

    Berkshire Hathaway annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient his cash-rich conglomerate may be to the coronavirus pandemic, and the investment opportunities it offers. The meeting and surrounding festivities that Buffett calls “Woodstock for Capitalists” normally draw more than 40,000 …
  • Hedgies look to capitalize on coronavirus pain à la Warren Buffett

    Hedgies look to capitalize on coronavirus pain à la Warren Buffett

    Hedge fund billionaires like Nelson Peltz are looking to mimic Warren Buffett’s strategy of investing in distressed companies through preferred shares as the coronavirus wreaks havoc on the economy, The Post has learned. Large hedge funds like Peltz’s Trian Partners and Howard Marks’ Oaktree Capital Management have been scouring the globe for opportunities to plow …
  • It’s time for billionaires to use their billions to save the economy

    It’s time for billionaires to use their billions to save the economy

    Extraordinary times call for extraordinary measures. It’s time for the brightest in business to use the bulging billions on their balance sheets to help save the US economy. A consortium of Apple, Warren Buffett and JPMorgan need to lead us out of this mess by pooling $200 billion and leveraging resources for the good of …