U.S. investor Warren Buffett holds just over 3 percent of leading reinsurer Munich Re AG, the German company said Tuesday. An ad hoc statement from the company said that Buffett has informed it he now has 3.045 percent of the voting rights in Munich Re. The statement attributed the holding to Buffett rather than to [...]
Warren Buffett’s Berkshire Hathaway increased its Wal-Mart (WMT) holdings by almost 90 percent according to his latest SEC filings. Buffett now owns $2 billion of Wal-Mart stock. Buffett also added a small stake in ExxonMobile (XOM) of $95 million as of September 30.
Other changes include: a small stake in Travelers (TRV) added: 27-thousand shares worth [...]
The recent Town Hall event titled Keeping America Great showcased Warren Buffett and Bill Gates at Columbia University in New York City on November 12, 2009. Both self-made billionaires, Buffett and Gates are the embodiment of the American Dream. They both put their stock in America and reaped the benefits of the capitalist tradition. Since [...]
Warren Buffett announced the largest acquisition in the history of his holding company, Berkshire Hathaway. The Oracle agreed to buy the remaining shares – he already owned more than 22% – of railroad Burlington Northern Santa Fe (BNI) for $34 billion. The deal values Burlington at $100 a share, or 31% above yesterday’s close of [...]
