journey as an investor at the age of 13, continued to cross hurdles of his business carrier. It's annual report season, which includes announcements from the CEO and/or chairman of every public U.S. company. Given that Warren Buffett, the chairman of Berkshire Hathaway, is the most successful investor of all time, you might expect that a 23-page communication from him would be jargon-packed and over most people’s heads. In actuality, Buffett's annual letter to shareholders is famously down-to-earth,
Words: 4407 - Pages: 18
Warren Buffett may be the most-popular man in Washington at the moment. The Oracle of Omaha charmed the 400 attendees at Fortune's Most Powerful Women Summit by playing his ukulele Tuesday night, earning a standing ovation from the likes of Facebook's Sheryl Sandberg and IBM's Ginni Rometty. During his one-on-one interview Wednesday with Fortune's Carol Loomis, he continued to win over the audience with his refreshing and positive outlook about his life, the economy and women in business. Still
Words: 505 - Pages: 3
subsidiary of Berkshire Hathaway) would acquire the electric utility PacifiCorp. M would purchase P with $5.1 billion in cash and $4.3 billion in liabilities and preferred stock. MidAmerican is a leader in the production of energy from diversified sources; it is also the owner of the second-largest full-service independent real estate brokerage in the US. Until March 2002, Berkshire has acquired a 9.9% voting interest and an 83.7% economic interest in the equity of MidAmerican. By 2004, Berkshire has always
Words: 553 - Pages: 3
world. Chairman, CEO and largest stakeholder of Berkshire Hathaway. He studied at Columbia University. Trained in investing by professor Benjamin Graham, who’s the coauthor of Security Analysis (Method of identifying undervalued stocks, P<Intrinsic Value). Graham | Buffet | Focus on the value of assets such as: cash, net working capital and physical assets. | + Also on valuable franchises that were unrecognized by the market. | Berkshire Hathaway American multinational conglomerate
Words: 549 - Pages: 3
Warren Buffett's Berkshire Hathaway subsidiary MidAmerica has submitted an application to acquire PacifiCorp, Scottish Power's largest subsidiary headquartered in Portland, Oregon for $9.4 billion. The purpose of this reference summary is to document key news stories, SEC filings, Public Utility Commission filings and other references for financial analysts, journalists, utility regulators and other interested parties. Following each reference will be a brief analysis and commentary section. The
Words: 277 - Pages: 2
Warren Buffet Warren Buffet was born on August 30, 1930. He is one of the most financially and personally successful businessmen of our time. He is the Chief Executive Officer of Berkshire Hathaway, a multinational conglomerate holding company, which is based with it;s headquarters in Omaha, Nebraska; Buffett's hometown. His net worth is around $60 billion, and increases with every passing minute. I chose to write about Warren Buffett because he is a person I have always been quite
Words: 705 - Pages: 3
Selected, Arranged, and Introduced by Lawrence A. Cunningham Includes Previously Copyrighted Material Reprinted with Permission THE ESSAYS OF WARREN BUFFETT: LESSONS FOR CORPORATE AMERICA Essays by Warren E. Buffett Chairman and CEO Berkshire Hathaway Inc. Selected, Arranged, and Introduced by Lawrence A. Cunningham Professor of Law Director, The Samuel and Ronnie Heyman Center on Corporate Governance Benjamin N. Cardozo School of Law Yeshiva University © 1997; 1998 Lawrence
Words: 86030 - Pages: 345
Coca-Cola Trims Stock Compensation Plan After Criticism Oct. 1 (Bloomberg) -- Coca-Cola Co., whose employee stock-compensation plan was called excessive by billionaire Warren Buffett and other investors, agreed to rein in the program. Fewer shares will be issued to employees, and more transparency will be provided into how the program works, the Atlanta-based company said today in a statement. The number of shares granted will be no more than 0.8 percent of total outstanding stock in 2015 and
Words: 765 - Pages: 4
Warren Buffett and Gillette Background of the Active Investor Warren Buffett is known as one of the world’s most notable investors. He is a self-made investor, now worth billions of dollars. Buffets premise is that people should base their investing on common sense and search out assets that are selling for less than they are worth (Pardoe, 2005). At an early age Buffett had a knack for making money. At six year old, Buffett made a five cent profit by purchasing a six-pack of Coca-Cola
Words: 3463 - Pages: 14
acquisition safer. 4. Berkshire Hathaway has consistently outperformed the market since its creation in 1965. In 1977 the firms year-end closing share price was 107, on May 24, 2005 the closing price on its class A shares reached 85,550. 5. They invested in great companies each with its own unique competitive advantage. The total cost to Berkshires investment in the big 4 was 3.832 Billion while the market value of their investment was 24.681 Billion. This means that Berkshires current gain on investment
Words: 623 - Pages: 3
