(Bloomberg) — Billionaire Warren Buffett said the U.S. economy is recovering as his Berkshire Hathaway Inc. seeks an acquisition for as much as $10 billion and hires workers after swinging to a profit in the first quarter. “Unemployment is going to come down,” Buffett, 79, said yesterday at a press conference in Omaha, Nebraska, a […]
(Fortune) — Warren Buffett offered his strongest defense yet of Goldman Sachs, saying he doesn’t believe the investment bank acted improperly in a sale of subprime-related securities at the heart of a Securities and Exchange Commission fraud case. “I do not hold against Goldman at all that an allegation has been made,” Buffett said Saturday […]
(Daily Finance) — Warren Buffett, widely regarded as an investment genius, is little noted for his polished PR skills, yet he’s a Teflon investment guru that attracts little whiff of scandal. He’s widely thought of as a man of sterling ethics, and yet he dove into Wall Street twice — first with Salomon Brothers and […]
(seekingalpha.com) — Here is something that you may not realize about Warren Buffett: counting only his take-home pay, the Oracle of Omaha is a pauper compared to his peers. But as we all know, there is more to this story than meets the eye. The difference, in this case, is in the dividends. Read More…