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Warren Buffett Takes Center Stage Again After Shareholders' Meeting
Monday, May 6, 2013 - 3:08pm | 1131Warren Buffett, chairman and chief executive officer of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B), appeared on CNBC's Squawk Box for three hours Monday morning. Buffett, fresh off of a booming weekend in Omaha, Nebraska after Berkshire Hathaway's annual shareholders meeting, spoke from an...
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Is Warren Buffett Becoming a Trader?
Friday, September 14, 2012 - 2:13pm | 355Berkshire Hathaway's (NYSE: BRK-A) (NYSE: BRK-B) GEICO unit posted a 25 percent gain on Intel (NASDAQ: INTC), as it sold its stake less than a year after making the investment. This is notable as it runs contrary to the buy-and-hold strategy famously championed by its Chairman Warren Buffett....
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Warren Buffett On Steve Jobs, Wells Fargo Controversy, Picking Winners, And More (AAPL, WFC, BAC)
Wednesday, March 2, 2011 - 2:10pm | 1278What does Warren Buffett think of Wells Fargo (NYSE: WFC)? Why did he pull out of Bank of America (NYSE: BAC)? Is Apple (NASDAQ: AAPL) in trouble? Buffett answered these questions and much, much more during his three-hour interview with CNBC this morning. Addressing The Wells Fargo Controversy...
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At Geico, Big Spending Equals Big Profits
Wednesday, March 2, 2011 - 11:00am | 110Warren Buffett was on CNBC this morning, and during the interview he took a moment to address the exorbitant amount of money that Geico spent on advertising last year. “With three quarters of our quotes coming from the Internet, what drives Geico?” Buffett questioned. “Certainly television does it...
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Why Did Warren Buffett Invest In AXP If He Dislikes Credit Cards?
Wednesday, March 2, 2011 - 10:30am | 234Warren Buffett may not like credit cards, but that hasn't stopped him from investing in American Express Company (NYSE: AXP). This morning, Buffett spoke to CNBC about the issue. “I tell students they'd be better off if they never used them,” he said. “I can't make money if I'm out borrowing at...