Buffett-back BYD’s profit soars (ThePost) Chinese auto and battery maker BYD says half-year profit soared as sales in the world's biggest car market recovered. BYD said Sunday that profits started growing again in the January-June period after falling sharply the year before as competition among automakers intensified. US billionaire investor Warren Buffett owns about 10 percent of BYD. BYD said profit rose to 427 million yuan ($70 million), 26 times higher than the year-ago period as revenue climbed 13 percent to 24.2 billion yuan.
What You Can Learn From Warren Buffett’s Advice To A Top CEO (Fool) Warren Buffett is a man that needs little introduction. Many know him as one of the world’s wealthiest men (Buffett occupies the fourth spot on Forbes’s ‘World’s Billionaires List’) who built his remarkable fortune largely through rational and intelligent investing through his company, the American conglomerate Berkshire Hathaway Inc. (NYSE:BRK.A). On the other hand, Katherine Graham – the ‘Top CEO’ in our title – would probably need a little introduction. Graham was the Chairman and CEO of American newspaper publisher The Washington Post Company. According to William Thorndike’s book The Outsiders, under Graham’s tenure as the company’s leader, shares of Washington Post turned every $1 investment in 1971 (the year Washington Post went public) into $89 by 1993 when she ended her tenure.
The Secret Life of Warren Buffett's Greatest Investment (DailyFinance) Warren Buffett and Cherry Coke. The two go together like peas and carrots, burgers and fries, pizza and beer, and Tango and Cash. Well, OK, maybe not that last one. Point is, Berkshire Hathaway Inc. (NYSE:BRK.A) shareholders have made a mint from the Oracle's decades-long investment in shares of The Coca-Cola Company (NYSE:KO). To this day, the stock is Berkshire's second-largest holding. Could you be as patient as Buffett and hold for 25 years? Don't answer till after you've taken a closer look at the following slide presentation, which documents some of the more uncomfortable moments in Coke's history -- including a new (and questionable) marketing strategy.
Berkshire Hathaway: A stock that even indexers can like (TheGlobeAndMail) Today I’m a full-fledged index investor, but there was a time when I owned some individual stocks. What was my favourite company back then? Berkshire Hathaway Inc. (NYSE:BRK.A) I was a devoted fan. For more than a dozen years, whenever its share price dropped, I scurried to buy more. By 2011, my Berkshire holdings had grown to $370,000 (U.S.). Like most stock investors, I had my reasons for owning it, but one in particular might surprise you. To me, it was an index fund on speed.