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Warren Buffett Bashes Hedge Funds at Annual Meeting

Warren Buffett nibbled on sweets during his presentation to shareholders on Saturday but he took a bite out of hedge fund managers.

The storied stockpicker—speaking at a table festooned with Berkshire Hathaway -owned See’s Candies at the conglomerate’s annual shareholder meeting – suggested that “supposedly sophisticated people” and institutions are being fleeced by hedge funds and their backers. 316 more words


Warren Buffett's Berkshire Hathaway Annual Meeting, In Tweets

Warren Buffett’s Berkshire Hathaway held its annual meeting on Saturday, giving something for every finance geek on twitter something to do on the weekend.

Every year tens of thousands of people head to Omaha to hear the world’s famous investor and his No. 1,038 more words


Warren Buffett Says He's Ready to Buy Back "A Lot" Of Stock

Warren Buffett on Saturday said the odds were “extremely high” that his Berkshire Hathaway would buy back “a lot” of its stock if the price fell below 1.2 times book value, a level it recently approached. 124 more words


Warren Buffett: There Is No Bubble in Real Estate

Warren Buffett says now is a good time to buy a house, though not as good as it was four years ago. Still, Buffett says he thinks the chances of housing prices collapsing are very low. 210 more words


War on Buffett

Yahoo! is streaming the annual meeting of Berkshire Hathaway, so you’d think it could get the name of its CEO right. But nooooo. The folks at yahoo.com just can’t tell the difference between a serve-yourself meal and Warren Buffett:


Warren Buffet Says American Express Is Under Attack

Warren Buffett says the business model American Express, which is one of the famous investor’s largest holdings, is under attack, but that’s not enough to get him to sell the stock. 228 more words


Warren Buffett: Valeant's Business Model Was "Deeply Flawed"

Warren Buffett says the hedge funds, including Bill Ackman, and others who piled into the shares of Valeant Pharmaceuticals and lost big should have seen it coming. 303 more words