Warren Buffett News: Don’t invest in ‘stuff’

BERKSHIRE HATHAWAYBuffett biographer: Don’t invest in ‘stuff’ (InvestmentNews)
Investors should look for companies focused on risk management and digital assets while shorting “stuff” and services, said Alice Schroeder, a former Wall Street analyst who is working on a second book about super-investor Warren E. Buffett. “One of the great growth industries is risk management,” Ms. Schroeder told an Eastern regional meeting of the National Association of Personal Financial Advisors in Baltimore on Wednesday. “The sophistication of how we handle risk is growing.”

“Salivating” Buffett Still Has Cash To Burn After Latest Deal (TheGuruInvestor)
While it wasn’t the big acquisition he recently said he’s been “salivating” for, Warren Buffett and Berkshire Hathaway did recently make an addition to its business portfolio. Late last week, the firm announced it will acquire Omaha-based Oriental Trading Company, the nation’s largest direct retailer of value-priced party supplies, arts and crafts, school supplies, toys and novelties. “Oriental Trading is a leader in its industry, has a strong management team and delivers exceptional customer value and service,” Buffett said in a press release. “By increasing revenue, profits and the customer base over the last few years, Sam Taylor and the entire Oriental Trading team have successfully improved the business and positioned it for long-term growth.

Could Warren Buffett Buy The Financial Times? (Fool)
Tycoons such as Rupert Murdoch and Warren Buffett may soon have the opportunity to acquire the Financial Times, if recent reports about the newspaper’s current owner prove to be accurate. According to Bloomberg, FTSE 100 (UKX) member Pearson PLC (NYSE:PSO) may sell the Financial Times division as the group focuses more attention on its larger education businesses. Bloomberg cited unidentif…

Canada’s Warren Buffet stepping down at 87 (StockHouse)
Jarislowsky Fraser says clients need not worry that Stephen Jarislowsky’s decision to step aside as chief executive will alter the philosophy that has guided the investment firm he founded 57 years ago. “It’s a change on the administration for the day-to-day management of the business, not the investment side that concerns the investors,” new lead executive Pierre Lapointe said of his mentor’s departure in an interview Tuesday. German-born Jarislowsky, 87, will remain chairman of the board of the firm that manages about $37 billion of assets, while management will be headed by a committee of senior executives.

Warren Buffett’s Berkshire Hathaway secures NZ insurance licence and will provide earthquake cover for reconstruction in Christchurch (Interest)
Berkshire Hathaway, the company chaired by legendary US investor Warren Buffett, has received an insurance licence from the Reserve Bank and will provide earthquake cover for reconstruction in earthquake hit Canterbury, the Reserve Bank says in its Financial Stability Report released today. “Berkshire Hathaway International Insurance Limited, a UK-based member of the global insurance group Berkshire Hathaway Inc, has obtained a New Zealand insurance licence and intends to provide earthquake cover for construction in Canterbury,” the Reserve Bank, regulator of the insurance sector, says.

Buffett spends day with students (UNOGateway)
Eighteen UNO students from the School of Communication and the College of Business Administration spent Friday morning and afternoon with Warren Buffett. UNO students joined seven other schools, including Columbia, Dartmouth, Illinois, Missouri, Kansas State, Nebraska-Lincoln and the London Business School. The morning started with a tour of the Nebraska Furniture Mart. From there, students met with Buffett for a question and answer session and a lunch at Piccolo’s. The day ended with an optional tour of Borsheims.

4 Ways to Follow Buffett’s Big Bets (Forbes)
In another sign that he thinks the U.S. housing market is recovering, Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) announced on October 30 that it is buying the real estate brands Prudential and Real Living. The combined networks of more than 53,000 Prudential Real Estate and Real Living Real Estate agents generated in excess of $72 billion in residential real estate sales volume in 2011, and operate across more than 1,700 U.S. locations. Here is an ugly truth about deal making. When you are looking for a deal, don’t just look at the pretty partners. You should be looking at the ugly too to see if there is an opportunity.

Why I Have Never Said To Invest With Warren Buffett (JutiaGroup)
I have never advised my readers to invest in Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A). And it’s not because a single share of the class A stock costs $130,300 or because I think it is overvalued, or any of the other usual reasons for that matter. The reason is actually quite simple… It’s because Warren Buffett has vowed time and time again to never pay Berkshire shareholders a cent in dividends. Consider this… In the most recent quarter, Berkshire Hathaway collected more than $1.34 billion from its 31 dividend paying holdings — enough to pay $812 per share. Yet none of that money made its way back to shareholders.

Katy Perry Aside, Celebrity Musicians Have Been Absent From Election 2012 (PolicyMic)
Superstar performances have filled the final days of the presidential campaigns as big name artists take the stage to galvanize support behind their favorite candidates. Compared to 2008, stars have shined their lights more reluctantly this year, with fewer performing and many waiting until later into the campaign cycle to do so. A recent single by Peter Buffett (the son of Warren Buffett) may explain the frustration of America’s musicians — and Americans in general — with this year’s presidential campaigns.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!