• 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, …
  • Warren Buffett confuses Wall Street as he buys gold, sells Goldman Sachs

    Warren Buffett confuses Wall Street as he buys gold, sells Goldman Sachs

    Warren Buffett has given up his long-held conviction against buying gold — and he’s meanwhile getting out of Goldman Sachs. The totemic tycoon revealed in filings late last week that he has scooped up more than 20 million shares of mining giant Barrick Gold Corp. even as he unloaded nearly all of his nearly 2 …
  • 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 …
  • COVID-19 make billionaire richer

    COVID-19 make billionaire richer

    Thanks to COVID-19 shutdowns, America’s middle class may be suffering — American small business owners may be gasping for last breaths, limping on last legs — but the billionaire class is making out like a bandit. “America’s billionaires saw their wealth increase by 20%, or $584 billion, roughly since the beginning of the pandemic,” according …
  • Pershing Square’s Bill Ackman files for blank-check IPO

    Pershing Square’s Bill Ackman files for blank-check IPO

    After making billions on the pandemic in March, Bill Ackman is on the lookout for a new investment. The founder and CEO of Pershing Square Capital Management has reportedly filed for what’s known on Wall Street as “a blank-check IPO” — or a public offering meant to raise money for an acquisition or merger. In …
  • Lawsuit accuses paint company Benjamin Moore of ‘burying hazardous’ waste

    Lawsuit accuses paint company Benjamin Moore of ‘burying hazardous’ waste

    Billionaire Warren Buffett may have a toxic mess on his hands. Benjamin Moore — the giant paint company owned by Buffett’s Berkshire Hathaway — “illegally buried hazardous waste” on a potentially contaminated property in Los Angeles and then tried to hide evidence of its involvement, according to an explosive new lawsuit. In the suit, filed …
  • 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 …