Monthly Archive: August 2011
Today is Warren Buffett’s 81st birthday. Happy Birthday, Mr. Buffett! Since this “Warren Buffett” blog was launched on the occasion of Warren Buffett’s 80th birthday on August 30, 2010, today is its first anniversary. During...
In a vote of confidence in Bank of America (BAC) and the financial sector, Warren Buffett (Berkshire Hathaway) is investing $5 billion in a special issue of BAC preferred shares with a 6% dividend, and...
During the second quarter ending June 30, 2011, Berkshire Hathaway added 10 million shares (about $275 million) to its $10 billion position in Wells Fargo. An additional purchase of $50 million in MasterCard and an initial...
In a New York Times op-ed article (August 15, 2011), Warren Buffett recommends raising taxes on those with taxable incomes exceeding $1 million. This would affect only the top 0.3% of taxpayers. “I would...