Berkshire Hathaway
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Buffett underperformed the S&P last year
Warren Buffett's Berkshire Hathaway raised its per-share book value 14.4% in 2012, less than the S&P 500's 16% total return. But the marker Buffett dismisses -- earnings per share -- rose 44%.
By Carol Loomis
FORTUNE -- Berkshire Hathaway reported after the stock market's close that its book value per share rose in 2012 by 14.4%, helped especially by excellent results in insurance; strong business for BNSF and Marmon in transporting oil; MORE
Mar 1, 2013 4:03 PM ETPosted in: Berkshire Hathaway, Warren Buffett -
Is Buffett overpaying for Heinz?
Berkshire and 3G's $28 billion bid for the ketchup maker could be Warren Buffett's richest deal yet.
FORTUNE -- Part of the mystique, and down-home charm, of Warren Buffett is the belief that most of all he is always looking for a good bargain. Did he get one with Heinz? It's not so clear.
Buffett is best known for having bought up large stakes in companies like Coke (KO), Geico, Gillette and MORE
Stephen Gandel, senior editor - Feb 15, 2013 10:33 AM ET -
Buffett and Brazilian investor to buy Heinz
Berkshire Hathaway and 3G Capital plan to buy Heinz for $28 billion.
By Carol Loomis, senior editor-at-large
FORTUNE -- Two billionaires -- business and personal friends who live on separate continents -- announced today that their companies would jointly buy H.J. Heinz Co. for $28 billion, including the assumption of $4 billion in debt.
The two dealmakers are Warren Buffett and the Brazilian/Swiss businessman and philanthropist Jorge Paulo Lemann. Buffett's Berkshire Hathaway MORE
Feb 14, 2013 8:17 AM ET -
Buffett pulls ahead in wager against hedge funds
Five years into a ten-year bet that an S&P index fund can beat hedge fund funds-of-funds, Warren Buffett is in the lead for the first time.
By Carol Loomis
FORTUNE -- It's halfway time in the 10-year stock market wager sometimes called The Million-Dollar Bet—that's Warren Buffett backing the performance of an S&P index fund vs. a New York money manager backing five funds of hedge funds—and there's double-barreled news.
Item One: For the MORE
Jan 24, 2013 10:02 AM ETPosted in: Berkshire Hathaway, Warren Buffett -
Buffett faces friendly fire on 'Buffett Rule'
At annual meeting, some shareholders wish Buffett would put a sock in it on taxes.
Omaha (Fortune) -- Warren Buffett says the 'Buffett Rule' has been "butchered a bit." But that hasn't stopped some shareholders from criticizing him for getting involved in the nation's debate over taxes and what the richest Americans should pay in the first place.
On Saturday, Buffett fielded dozens of questions from the crowd of shareholders and journalists MORE
Stephen Gandel, senior editor - May 5, 2012 4:39 PM ETPosted in: Berkshire Hathaway, Warren Buffett -
5 things learned at Berkshire's Annual Meeting
Buffett likes newspapers, hates paying dividends.
Omaha (FORTUNE) -- At Berkshire Hathaway's (BRKA) annual meeting on Saturday, Warren Buffett fielded questions from shareholders, journalists and analysts. The questioning started at 9:30 and is expected to last until 3:30. In all he said he would take a total of 54 questions. At mid-day, the questions have ranged from simple ones about his health ("I feel terrific.") to more technical ones about how MORE
Stephen Gandel, senior editor - May 5, 2012 2:21 PM ETPosted in: Berkshire Hathaway, Warren Buffett -
The only analyst who doesn't like Buffett's Berkshire
Analyst, shunned from annual meeting, says S&P 500 is a better bet.
Omaha, Neb. (FORTUNE) -- This weekend, at Berkshire Hathaway's annual meeting, tens of thousands of Warren Buffett faithful have descended on Omaha, the hometown of Buffett and his company. Before sunrise, investors lined up to get good seats in the Centurylink Center, which is filled with Berkshire shareholders.
Like in past years, Buffett will hold an all-day meeting in the MORE
Stephen Gandel, senior editor - May 5, 2012 10:32 AM ETPosted in: Berkshire Hathaway, Warren Buffett -
At Buffett-fest, investors upbeat about economy, hate Facebook
Despite optimism, investors are looking for Buffett to lay out a better vision of what his company might look like when he is gone.
Omaha, Neb. (FORTUNE) -- The economy is improving. Berkshire Hathaway's (BRKA) stock is undervalued. And Facebook is a crapshoot. That was the general feeling at a gathering of investors on the eve of Berkshire Hathaway's annual meeting.
Tens of thousands of investors pour into this city each year MORE
Stephen Gandel, senior editor - May 5, 2012 1:02 AM ET -
After Buffett's rule: What the billionaire means to Berkshire
Investors say the 'Buffett premium' has shrunk.
FORTUNE -- Warren Buffett, it appears, is worth less than he used to be.
Shares of Buffett's Berkshire Hathaway (BRKA) fell slightly, down about 1%, on Wednesday, a day after the company's legendary CEO announced he has Stage 1 prostate cancer. Buffett said his condition is "not remotely life-threatening" and would barely slow him down. (He won't be able to travel, while getting radiation treatment, MORE
Stephen Gandel, senior editor - Apr 18, 2012 4:01 PM ET -
Fidelity gets its own Buffett Day
At the Berkshire Hathaway shareholder meeting last year, Fidelity investment pros gamed the system and threw an outsized number of questions at Warren Buffett. Instead of getting even, Buffett invited them to Omaha for their own private party.
By Carol Loomis, senior editor-at-large
FORTUNE -- Thousands of business students, from scores of American colleges and from countries like Brazil, China, India, and Israel, have experienced the thrill of a Buffett Day in MORE
Mar 23, 2012 5:00 AM ET
