Forbes recently ranked Berkshire Hathaway Chairman Warren Buffett as the second-richest man in the world, with an estimated net worth of $37 billion. Although his net worth has dropped by a cool $25 billion over the past 12 months, it's still an impressive haul.
Although some people have recently questioned his judgment, Buffett is still almost universally accepted as one of the world's greatest stock market investors. When he talks, it pays to listen.
Mr Buffett has not been helped by the global recession Celebrated US financier Warren Buffett has seen his investment firm report its first loss in eight years due to a badly-timed purchase of oil stocks.
Berkshire Posts First Loss Since 2001 Warren E. Buffett's Berkshire Hathaway said it lost $1.53 billion in the first quarter, compared with a $940 million profit in the corresponding period a year earlier.
OMAHA, Neb. -- Berkshire Hathaway is ready to make a deal at the right price, but it has nothing in its shopping cart right now, CEO Warren Buffett said Sunday. Buffett.
OMAHA, Nebraska (MarketWatch) -- Berkshire Hathaway Chairman Warren Buffett and Vice Chairman Charlie Munger on Sunday defended the company's foray into derivatives. In his 2003 letter to shareholders.
OMAHA, Neb. -- The past year's economic turmoil will provide plenty to talk about at this weekend's Berkshire Hathaway Inc. shareholders meeting. More than 30,000 people are expected in Omaha on Saturday to listen to the company's top two executives.
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