Warren Buffett

Warren Buffett is the greatest investor in America. The famous value investor topped Forbes richest individuals list in 2008, overthrowing his pal Bill Gates from Microsoft from his twelve year period of holding this title. Investors have long followed Buffett’s advice on stock selection, economic issues and his pure genius common sense and business acumen. This was a timely post, as Buffett recently made some major headlines when he announced that he was buying american stocks.

Shortly after the Dow began its tumble Wednesday, investor Warren Buffett told a packed Long Beach Arena that he has moved 100 percent of his personal portfolio from government securities to stocks. Buffett, speaking to California first lady Maria Shriver's Women's Conference in Long Beach, said he has no idea what will happen in the coming two years but was confident that over a 10-year span the stock market would outperform cash-based investments, such as certificates of deposits and savings accounts, which can lose value when inflation is subtracted from gains.
 

Billionaire investor Warren Buffett is buying U.S. stocks, he wrote in an opinion column in the New York Times. "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful," Buffett wrote in the paper.

The first authorized biography provides deep—and timely—insight into the psyche of the billionaire investor. For more than half a century Warren Buffett has shown impeccable timing. So perhaps it should come as no surprise that the first biography he has authorized was published in late September as news of the financial crisis that he had warned about dominated the front pages and just days after he had agreed to inject $5 billion into Goldman Sachs (GS).

Billionaire Warren Buffett, the world's preeminent stock picker, said the U.S. economy is ``flat on the floor'' after a cardiac arrest as companies struggle to secure funding and unemployment increases.

``In my adult lifetime I don't think I've ever seen people as fearful, economically, as they are now,'' Buffett said today in an interview with Charlie Rose to be broadcast tonight on PBS. ``The economy is going to be getting worse for a while.''

Read the transcript of the interview ...

General Electric Co (GE) just announced plans to raise $15 billion, with a little help from Warren Buffett. The company is selling $12 billion of common stock to the public and $3 billion of preferred to Berkshire Hathaway.

A new biography of Warren Buffett was published Monday offering fresh insights into one of the world's savviest investors even as global financial markets are undergoing unprecedented turmoil.

MidAmerican Energy, 87.4 per cent owned by Mr Buffett's Berkshire Hathaway, will buy 225m shares in the Shenzhen-based company for HK$1.8bn ($230m) at a 4.76 per cent discount to the stock's closing price of HK$8.4 last Friday.The purchase marks the first large investment by Mr Buffett in China after Berkshire Hathaway last year sold its entire stake in PetroChina.

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On Tuesday, Mr. Buffett says, he was sitting with his feet on his desk in Omaha, drinking a Cherry Coke and munching on mixed nuts, when he got an unusually candid call from a Goldman Sachs Group Inc. investment banker. Tell us what kind of investment you'd consider making in Goldman, the banker urged him, and the firm would try to hammer out a deal.

Warren Buffett calls it waiting for the "fat pitch." It's a baseball analogy which says swing at the ball (invest) when it's most hittable (cheapest). As in baseball, these moments are few and far between and they tend to occur during selling climaxes, when throwing the bat feels hardest.