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WARREN BUFFETT FIRST TAX RETURN
At 14, Warren Buffett paid $7 in taxes. Today, his Berkshire empire pays $26.8 billion as he questions the rich’s tax burdenWarren Buffett’s first tax bill was just $7. He was 14 and earned most of his money delivering newspapers in Washington, D.C. He also had a...
Charlie Munger backed Costco for decades and was its second-largest shareholder; Berkshire sold 4.3 million shares for $1.3 billion in 2020 - here’s what the stake would be worth nowCharlie Munger was a longtime Costco supporter and became the retailer’s second-largest shareholder. Berkshire Hathaway later sold 4.3 mill...
Warren Buffett's analysis was correct. His temper was not. The bill ran into billionsThere was no bad analysis, no misread of a balance sheet, no industry he failed to understand. The company he bought was superb and remains...
Warren Buffett’s business invested $35 million in a struggling electricity company; Jeffrey Sprecher bought the near-bankrupt firm for $1,000 in 1997 and built an $85 billion giantJeffrey Sprecher acquired Continental Power Exchange in 1997 for just $1,000. He used this struggling company as a foundation to create Int...
Small Habit That Changed Their Finances: Warren Buffett followed one simple money rule that is a masterclass in wealth buildingBefore Warren Buffett became a billionaire investor, he was a child saving small amounts of money from selling Coke and doing odd jobs. By ...
Bitcoin skyrocketed 750% since Warren Buffett called it 'rat poison' in 2018. Why was he cautious?Bitcoin has surged around 750% since Warren Buffett called it “rat poison squared” in 2018, despite his longstanding concerns about cryptoc...
Retirement planning: Why costs, asset allocation, and compounding matter more than chasing returnsA pension is not really a lump sum. It is years of groceries, medicines and bills paid out across a 25-year or longer retirement. Hence, th...
Father time always wins! What Warren Buffett’s 4-word farewell message meansIn a significant transition, Warren Buffett has officially handed over the reins of Berkshire Hathaway to his son, Howard Buffett. Reflecti...
Forget stocks, property and gold: 'Best investment is…' Harsh Goenka shares Warren Buffett’s advice on where to put your time & effortHarsh Goenka shared a video of Warren Buffett explaining why investing in yourself can be more valuable than investing in stocks or money. ...
Warren Buffett on the difference between investing in real estate and the stock marketBoth purchases were small, and he says so himself. He tells the stories anyway, because between them they contain everything he knows about...
Warren Buffett's Life Advice: “After some other mistakes, I learned to go into business only with people whom I like, trust, and admire. A second-class business won’t…” Why the people you trust may matter more than the money you make — A deeper lesson about people, success and characterWarren Buffett’s life advice is about choosing people you can like, trust and genuinely respect, not simply those who can help you make mon...
Warren Buffett once called derivatives time bombs, then bet $40 billion on them. What this says about the legendary investorDespite calling derivatives financial weapons of mass destruction in 2002, Warren Buffett amassed a $40 billion derivatives exposure by 200...
Even as trading and markets moved faster, Warren Buffett made patience profitable and coolWarren Buffett has stepped down from his role as chairman of Berkshire Hathaway, marking the end of an era defined by remarkable investment...
Warren Buffett’s culture, values he championed will stay and his son will be the guardian, says CEO Greg AbelWarren Buffett has stepped down as Berkshire Hathaway chairman after more than 60 years, handing the role to his son Howard Buffett while G...
Howard Buffett to take charge as Berkshire Hathaway chairman: Who is he?Howard Buffett is set to become Berkshire Hathaway's new chairman, succeeding his father Warren Buffett, who will become chairman emeritus....
Warren Buffett steps down as Berkshire Hathaway chairman, named chairman emeritusWarren Buffett has stepped down as Berkshire Hathaway chairman, effective immediately. He will now serve as chairman emeritus, retaining bo...
Quote of the Day by Warren Buffett: “Be fearful when others are greedy, and be greedy when others are fearful” — a timeless lesson for investors on the value of patience, disciplined decision-making and long-term thinking as Oracle of Omaha steps down as Berkshire Hathaway chairmanQuote of the Day by Warren Buffett: Warren Buffett's philosophy emphasizes emotional discipline for making sound decisions. He advises caut...
Who is Howard Buffett? The farmer, sheriff and middle-son taking the Berkshire Hathaway chairHoward Buffett now chairs Berkshire Hathaway, succeeding his father Warren Buffett. He will guard the company's culture and values, while A...
From a failing textile mill to a trillion-dollar giant: The Warren Buffett storyWarren Buffett has ended his formal leadership of Berkshire Hathaway after more than six decades, becoming chairman emeritus at 96. His son...
How Warren Buffett's 'big error' may finally be paying off after a decadeWarren Buffett’s $37 billion acquisition of Precision Castparts, once acknowledged as an expensive mistake, may finally be paying off. Supp...