Warren Buffett's leadership over nearly five decades has resulted in an unparalleled track record and thousands of loyal shareholders, many of whom have invested in the company mainly due to Mr. Buffett's presence. Succession planning in a situation where the ...
While Todd Combs has been at the center of a frenzy of speculation regarding Berkshire Hathaway's succession planning this week, longtime Berkshire shareholders understand that the choice of a future Chief Executive Officer is a far more important question. The ...
There has been much speculation this week regarding the reasons behind Warren Buffett's decision to hire Todd Combs to manage a portion of Berkshire Hathaway's investment portfolio. Although short term stock price movements are meaningless, some observers have attributed Berkshire ...
In a long awaited announcement, Berkshire Hathaway has named an investment manager to handle a “significant portion” of the company’s investment portfolio. In a press release issued today, Berkshire announced the appointment of Todd Combs as an investment manager. Mr ...
Noble reported third quarter 2010 earnings of $86 million, or $0.34 per share, compared to $426 million, or $1.63 per share for the third quarter of 2009. Contract drilling revenues fell precipitously to $584.9 million for the third quarter of ...
NetJets has announced a significant purchase agreement with Embraer that will add up to 125 Platinum Edition Phenom 300s to the NetJets fleet. According to a press release issued this afternoon, the agreement with Embraer is the first step in ...
In a CNBC interview this morning, Warren Buffett revealed that the worst investment he ever made was buying controlling interest in Berkshire Hathaway in 1964. This statement should not come as a surprise to those who have followed Mr. Buffett's ...
As we move into the height of third quarter earnings season, many investors may feel overwhelmed when it comes to staying on top of earnings announcements for portfolio companies and investment candidates. Without a solid system for keeping abreast of ...
According to an article on Barron.com, David Einhorn presented a very bearish case against The St. Joe Company this morning at the Value Investing Congress. Mr. Einhorn is President of Greenlight Capital and one of the most prominent "super investors" ...
According to the Financial Times, Google is planning to construct a price index that could eventually serve as an alternative to official government statistics. While the Google Price Index (GPI) is still a work in progress and only tracks web-traded ...
Warren Buffett rarely makes major calls on the stock or bond markets or on the relative attractiveness of different asset classes. However, he has been making more comments on the economy over the past two years and made a remarkable ...
We have outlined the bullish case for Microsoft based on the depressed valuation of the shares, positive recent financial results, and expected strong results this fiscal year due to a corporate refresh cycle that will take advantage of Windows 7 ...
Facebook has announced a five-for-one split of its stock as the shares have risen to as much as $76 per share on private exchanges. Although Facebook is not publicly traded, employees and others who own shares have been able to ...