Warren Buffett announced on November 30 that Berkshire Hathaway has purchased the publisher of the Omaha World-Herald newspaper, as well as several other newspapers in nearby Nebraska and Iowa. The purchase price was $150 million plus...
Warren Buffett announced on Monday, November 14 that Berkshire Hathaway had invested $10.7 billion in the common stock of IBM. This equals a 5.5% ownership stake in IBM. Berkshire had been accumulating this position since March, 2011,...
During the third quarter, Berkshire Hathaway invested $23.9 billion. This compares to $3.62 billion in the second quarter, and $834 million in the first. The investments, which were disclosed on November 4, include $9...
Berkshire Hathaway reported 2011 third quarter operating earnings that rose 37% from the corresponding quarter in 2010. Its net income declined 24% due to noncash derivative losses from the equity index put options that it...
On Friday, November 4, hedge fund manager Whitney Tilson (T2 Partners) met with 30 University of Maryland undergraduate finance majors for 1 1/2 hours in New York City. Mr. Tilson’s funds have substantially outperformed the...
Department of Finance
Robert H. Smith School of Business
University of Maryland
