In this clip, Warren Buffett explains his investing philosophy. He starts by looking at the company’s underlying businesses and then determining how much it is worst. The last thing that Buffett looks at is the current market price. That is interesting because price is often the first thing that most investors look at. Buffett’s story […]
Warren Buffett gave an interview this past week to ABC’s This Week. Buffett advocates for raising taxes on rich billionaires like himself and lowering taxes even more for the middle class. He believes that tax hikes on the rich are essential to an economic recovery.Buffett disputes the theory of trickle down economics stating that “the […]
It’s time for the quarterly Warren Buffett watch. Buffett recently released his 3rd quarter holding for Berkshire Hathaway. The report covers Buffett’s transactions up until September 30th of this year. Investors everywhere patiently await the disclosing of Buffett’s latest portfolio moves. So, what did Warren Buffett buy?
We have already covered the importance of investing in companies with a wide economic moat. Economic moats are important to know about if you want to buy stocks like Warren Buffett. Today, I would like to take a look at the second component in the series of 10 Things To Look For When Buying A Stock. Number 1 […]
Investing in the stock market can be a confusing journey. People often wonder what to look for when buying a stock. Over the course of the next two weeks, each day I will break down one component to look for when investing. We will learn how to buy stock like Warren Buffett. All of this is […]
Today, has been a rough day for economic news. Things are looking bad on the mortgage front as foreclosures increased during the 3rd quarter. This is despite interest rates dropping to 4.19%. Applications for jobless benefits surged to 462,000. Credit default swaps are widening again as fears abound that banks may be on the hook as more […]
Warren Buffett has long been an advocate of making the rich pay their fair share in taxes. He believes that tax cuts for the rich are unneccessary and that the wealthiest Americans can afford to pay the 3% increase. Read more in Buffett Backs Higher Taxes.
Warren Buffett wants to own all of Wesco Financial (WSC). He is looking to make Wesco a wholly owned subsidiary of the legendary Berkshire Hathaway. Buffett’s company Berkshire Hathaway already owns over 80% of Wesco and is looking to buy the remainder of the company. So, why is Berkshire interested in buying the remaining 19.9% of Wesco?
Warren Buffett used to say that he never invested in technology companies because he doesn’t understand them. That doesn’t mean that his holding company, Berskhire Hathaway doesn’t invest in information technology companies. Recently, Buffett’s company has had an appetite for information services companies. These investments were probably made by Charlie Munger or Lou Simpson.