Could Warren Buffett be on the lookout for more tech stocks? That’s a question that Validea CEO John Reese examines in a recent article for Canada’s Globe and Mail. “Not long ago, that question would have seemed foolish. Warren Buffett avoided investing in technology companies, saying that the nature of their businesses did not allow [...]
Read moreWhat Buffett Sees In The Newspaper Biz
Warren Buffett created a stir with Berkshire Hathaway’s recent acquisition of the Omaha World-Herald, with his firm venturing into an industry that has numerous questions swirling around it. Just what did Buffett see in buying the Nebraska newspaper? Last week, he explained his logic to World-Herald shareholders. Accoridng to the World-Herald’s Steve Jordon, Buffett said [...]
Read moreBuffett On The Prowl in Japan
Warren Buffett is looking for investment opportunities in Japan, saying that neither the huge earthquake that devastated the country earlier this year nor the recent scandal surrounding Olympus Corp. have soured him on Japanese firms. “There are lots of opportunities in Japan,” Buffett said during a visit to the country to visit a tool-making company [...]
Read moreBuffett Bullish on Big Blue, Says Housing in “Depression”
Warren Buffett’s Berkshire Hathaway has taken a 5.4% stake in tech sector giant IBM, and he remains upbeat on equities over the long haul, though he says a “depression” in the housing sector is holding back the economy. Buffett tells CNBC that IBM has done a very good job of publicly laying out goals and [...]
Read moreBerkshire’s Q3 Buying Binge Involved Broader Focus
Warren Buffett’s Berkshire Hathaway invested almost $24 billion in the third quarter, the most it has invested in 15 years, Bloomberg reports. Interestingly, Berkshire’s investments went well beyond the consumer and financial sectors that the company usually focuses on. According to Bloomberg, the firm increased “commercial, industrial and other” holdings by 62% on a cost [...]
Read moreTilson: Plenty of Values Right Now
Whitney Tilson says the U.S. economy is in better shape than most people think, and he is finding big value in a number of prominent companies’ shares. “The U.S. has already gone through and emerged from the subprime debt crisis,” Tilson tells MarketWatch. “There’s still an overhang and it has to work its way through,” [...]
Read moreBuffett’s Berkshire Buyback: A Bullish Sign?
Warren Buffett and Berkshire Hathaway recently announced a share buy-back authorization, which may be signaling optimism from Buffett on the economy. The move marks the first time in four decades that Berkshire will be authorized to buy back its own shares, according to Bloomberg. It is allowed to do so only if its price is [...]
Read moreReport: Buffett’s Been Buying As Market Falls
Warren Buffett has been viewing the recent market turmoil as a buying opportunity, according to Fortune. “Buffett is looking to buy stocks — oh, and apparently to sell Berkshire bonds too,” writes Fortune’s Andy Serwer, who recently interviewed Buffett. “Berkshire is reportedly taking advantage of record low rates and issuing bonds to raise dirt-cheap capital. [...]
Read moreTilson Sees Economy “Muddling Along”; Playing Defense with Portfolio
Top value investor Whitney Tilson says that we’re in unusually uncertain times, and that he’s playing defense with his portfolio. “We believe that we are in a period of ‘unusual uncertainty’”, Tilson says in a lengthy presentation that also includes a good deal of information about behavioral finance and the biases that investors are prone [...]
Read moreBuffett Passes on Gold; Continues to Bet on U.S.
While gold has been reaching new high after new high, Warren Buffett isn’t intrigued by the precious metal. “Gold really doesn’t have utility,” Buffett said at Berkshire Hathaway’s annual meeting, according to London’s Telegraph. “If you take all of the gold in the world and put it into a cube, it would be about 67 [...]
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December 29, 2011
