Warren Buffett’s Berkshire Hathaway has made a couple moves this week, acquiring a large power company and a small daily newspaper. Berkshire subsidiary MidAmerican Energy is buying the power company, NV Energy, which is Nevada’s largest electric utility, The New York Times reports. The move — the largest in MidAmerican’s history — appeared to be […]
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Tag Archives: Berkshire Hathaway
Buffett On Uncertainty, Dividends, and More
March 5, 2013 
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In his 2012 letter to Berkshire Hathaway shareholders, Warren Buffett says it was a subpar year for his firm, but that hasn’t dampened his optimism on the future of both Berkshire and the United States. Buffett says that while many CEOs have been holding off on capital investment because of “uncertainty”, Berkshire has not, spending […]
Read moreBuffett Still On The Prowl After Huge Heinz Deal
February 14, 2013 0 Comments
Warren Buffett’s Berkshire Hathaway has struck what is being called the biggest deal in food industry history, a $28 billion acquisition of ketchup giant H.J. Heinz. But don’t think that means Buffett is done buying. “I’m ready for another elephant,” Buffett told CNBC. He said that Berkshire had about $47 billion in cash on hand […]
Read moreLessons from Warren and Charlie
January 10, 2013 0 Comments
Value investor Mohnish Pabrai has gotten the chance to do what few other investors have: Eat lunch with investing legends Warren Buffett and Charlie Munger. What did he learn from those lunches? Pabrai says Munger told him that an investor could produce vastly better results than most others by doing three things. “One is carefully look […]
Read moreBuffett, Berkshire Unload Most of JNJ, GE Stakes
November 15, 2012 0 Comments
Warren Buffett’s firm sold almost all of its shares of Johnson & Johnson and General Electric in the third quarter, while adding a few smaller new positions. Berkshire Hathaway decreased its stake in Johnson & Johnson by 95% during the quarter, and lowered its stake in GE by 88%, Alex Crippen of CNBC’s Warren Buffett […]
Read more“Salivating” Buffett Still Has Cash To Burn After Latest Deal
November 7, 2012 3 Comments
While it wasn’t the big acquisition he recently said he’s been “salivating” for, Warren Buffett and Berkshire Hathaway did recently make an addition to its business portfolio. Late last week, the firm announced it will acquire Omaha-based Oriental Trading Company, the nation’s largest direct retailer of value-priced party supplies, arts and crafts, school supplies, toys and novelties. […]
Read moreBuffett, Berkshire Add to Housing Recovery Bet
November 1, 2012 1 Comment
Warren Buffett’s firm is continuing to bet on a recovery in the U.S. housing market, with one of its subsidiaries taking the lead in managing a new residential real estate affiliate network. HomeServices of America Inc., a subsidiary of Berkshire’s MidAmerican Energy Holdings Company, will be the majority owner of the affiliate network, teaming with […]
Read moreBuffett’s Berkshire Exercises Warrants
September 26, 2012 0 Comments
Warren Buffett’s firm is buying, thought its target isn’t much of a surprise. Buffett’s Berkshire Hathaway has exercised the warrants it obtained back in May on Media General Inc. shares, according to Bloomberg. Berkshire is acquiring 4.65 million shares of Media General’s common stock for 1 cent a share, and now owns about 17% of Media […]
Read moreBuffett’s Muni Move: Troubling Sign?
August 23, 2012 0 Comments
Warren Buffett’s Berkshire Hathaway recently terminated credit default swaps it had made insuring $8.25 billion in municipal debt. Here, Colin Barr of The Wall Street Journal discusses Berkshire’s muni move, and what it may mean for municipal bonds in general. “You can read this to say this guy who has a lot of knowledge of […]
Read moreBuffett, Berkshire Make Big Changes
August 15, 2012 0 Comments
Warren Buffett’s Berkshire Hathaway made several big moves in the second quarter according to new regulatory filings, including slashing its holdings of several consumer stocks. Alex Crippen of CNBC’s Warren Buffett Watch reports that Berkshire cut its Johnson & Johnson holdings by more than 60%, its Kraft Foods holdings by 25%, and its Procter & […]
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