The Most Important Quotes From Berkshire Hathaway's Annual Letter
Warren Buffett's annual letter to Berkshire Hathaway shareholders was just released. You can read the whole thing at BerkshireHathaway.com. But it's long, and you're busy. Here are the most important...
View Article2 Bad Calls That Haunted Warren Buffett In 2011
You hear all the time about what a genius Warren Buffett is. In his just-released shareholder letter, he highlights 4 recent blunders, each of which says something bigger about the economy. First, he...
View ArticleWhy Warren Buffett Hopes Shares Of IBM Languish And Underperform For The Next...
This past year, Warren Buffett made a rare foray into tech investing, with a substantial purchase of IBM shares. In his latest shareholder letter, he uses IBM as a springboard to discuss the economics...
View ArticleRemember What Happened Last Time Everyone Thought Warren Buffett Had Suddenly...
In a preview of his annual letter, Warren Buffett patiently explained why investing in cash is actually risky and why he'd rather own stocks than gold. These explanations produced guffaws and rage...
View ArticleWARREN BUFFETT: The Truth About Bonds: Investors Have Gotten Clobbered, And...
By now you should already know that Warren Buffett is no fan of US Treasury bonds, or really any other asset that's so explicitly tied to the US dollar, which has lost a ton of value during his career...
View ArticleGuess How Much Berkshire Hathaway Stock Has Soared Since 1965
Are you sitting down... Since 1965, Berkshire has gained 513,055%. Here's the table from the shareholder letter breaking it down. Please follow Money Game on Twitter and Facebook.Join the conversation...
View ArticleThe US Economy Is Now Experiencing A Duel Between Falling Jobless Claims And...
Exactly one year ago today the title of this column was dueling inflection points edition, as both initial jobless claims and gasoline prices were at 52 week extremes, but in opposite directions. Here...
View ArticleWhy Obama Can Be Blamed For 50 Percent Of The Weak Recovery
The current U.S. economic recovery is arguably the weakest since the Great Depression. Even though the Great Recession ended in the summer of 2009, unemployment is still over 8 percent. In fact, the...
View ArticleHere's How You'll Know When Gasoline Prices Are Crushing The Recovery
Over the past several days, we've seen several arguments for why surging gasoline prices won't harm the economy. They range from: We have more domestic production these days. Other commodities aren't...
View ArticleDon't Expect Warren Buffett To Take Any New Positions In Derivatives
In his 2002 letter to Berkshire Hathaway shareholders, Warren Buffett dubbed derivative securities as "financial weapons of mass destruction." However, he has also made it widely known that he has...
View Article2007 Was A Very Bad Year
The good news is that higher gas prices are coming against backdrop of an improving economy. This is logical -- rapid demand growth = higher commodity prices = higher gas prices -- but it hasn't...
View ArticleThe Housing Market Isn't Responding To Fed Defibrillation
The patient isn't moving. After years of record-low interest rates, a team of economists including JP Morgan's Michael Feroli and Bank of America's Ethan Harris now write that the housing market...
View ArticleHere's Why Demand For Gold Jewelry In Hong Kong Surged 37% Last Quarter
Jewelry demand in Hong Kong surged 37 percent year-over-year in the fourth quarter to 7.1 tonnes, according to a report by the World Gold Council. With higher gold prices, tourists from mainland China...
View ArticlePending Home Sales Top Estimates, Hit Highest Level In Nearly Two Years
UPDATE: The index measuring pending home sales increased 2 percent in January, topping expectations and pushing the sales index to the highest level since April 2010, data from the National...
View ArticleDallas Federal Reserve: Manufacturing Is BOOMING In The South
UPDATE: Manufacturing in the 11th Federal District, which includes Texas, northern Louisiana, and southern New Mexico, surged in February, data from the Federal Reserve Bank of Dallas shows. The main...
View ArticleANDREW LO: Buy-And-Hold Doesn't Work Anymore
One of the oldest, easiest, and most trusted investment strategies may no longer be safe in this new era of volatility. "Buy-and-hold doesn't work anymore," said MIT's Andrew Lo in an interview with...
View ArticleNY FED: Total Consumer Debt Fell 1.1% Last Quarter
The New York Fed reports that total consumer debt fell 1.1 percent to $11.53 trillion in Q4 of 2011. Here's a break down from the NY Fed's press release: Mortgage and HELOC balances on consumer credit...
View ArticleHey Ron Johnson! You May Be A Genius, But Can You Really Salvage A Store This...
Ron Johnson is the former Apple retail chief who has been brought in by David Ackman to turn JC Penney around. Let's just say, Johnson has his work cut out for him. We were just looking at a new...
View ArticleGermany Approves €130 Billion Bailout For Greece
BERLIN (AP) — The German parliament has approved a €130 billion ($173 billion) loan package for Greece after Chancellor Angela Merkel warned it would be irresponsible to abandon the country to...
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