Warren Buffett grows cash pile to $347.7 billion while Berkshire Hathaway profits fall on wildfire losses

Warren Buffett’s company reported just over one-third of last year’s profit Saturday morning just as thousands of Berkshire Hathaway shareholders streamed into an Omaha arena to listen to the revered…

Buffett says Berkshire ‘will forever’ deploy most of its capital in equities and never prefer cash over good businesses

“In effect, I have depended on the success of American businesses and I will continue to do so.” Read More

Warren Buffett notes mortality, pledges $1 billion in Berkshire stock

Warren Buffett is distributing an additional $1 billion of his fortune to his family’s foundations and has designated three potential successor trustees.  The 94-year-old CEO and chairman of Berkshire Hathaway…

Warren Buffett stocks: Coke parallel may be a clue on Apple

A striking detail in Berkshire Hathaway’s stock portfolio has caught the attention of Wall Street as investors look for clues on what CEO Warren Buffett could do next. “Berkshire owned…

Berkshire Hathaway posts giant $43.8 billion loss, but that doesn’t stop Warren Buffett from buying over $45 billion of stocks

Warren Buffett’s Berkshire Hathaway Inc. is following an age-old adage: Buy the dip. The conglomerate was a net buyer of equities in the quarter, reporting $45.2 billion in purchases after…