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 illustrates the importance of evaluating the fundamentals of a company by reading annual reports and financial statements.
Warren Buffett Buys Banks
November 16, 2010 By Leave a Comment
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?
Invest In Companies With A Wide Economic Moat
October 27, 2010 By Leave a Comment
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 designed to help make you a better investor and teach you about building wealth. This series is called the 10 Things To Look For When Buying A Stock. Number one on the list is to invest in companies with a wide economic moat.
Bank Stocks Continue Their Downward Spiral
October 14, 2010 By 2 Comments
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 residential mortgages go into default. Despite all of the negative data, I am going to use the current weakness to add to my positions in the following stocks.
Warren Buffett Wants Higher Taxes
September 24, 2010 By 3 Comments
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 Wants Wesco
September 1, 2010 By Leave a Comment
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?
Buffett Invests In The Future
August 25, 2010 By 4 Comments
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.
Berkshire Portfolio Manager Lou Simpson Retires
August 23, 2010 By Leave a Comment
One of the major cogs of the three headed monster at Berkshire Hathaway (BRK-A) is stepping down. Lou Simpson, the Geico portfolio manager, announced his plans to retire today. This is important despite the fact that it has gone largely unnoticed by most major media networks.
