Buffett -- as well as his late great partner Charlie Munger -- would recommend avoiding leverage at all costs in your portfolio. Why? Because when the market turns (which it will inevitably do at times), the downside can wipe you out. The levered Nasdaq ETF went into a massive drawdown in 2022, and that was just one year of bad returns.
US President-elect Donald Trump arrived in Washington with his family, supporters and political allies ahead of his inauguration as the 47th President on Monday.
A Reuters analysis shows that Berkshire coal plants emit more nitrogen oxide gases than any other coal-fired fleet in the country. Despite big investments in renewable energy, the company has resisted efforts by regulators to make coal plants cleaner.
* On Dec. 19, 26, and 30, 2024 and on Jan. 3, 2025, Buffett bought more than $93 million in VeriSign ( VRSN -0.46%) stock.
The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lower share of their income than middle-class earners.
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
During the darkest days of the 2008 financial crisis, Warren Buffett, one of the most respected voices in the business world, pointed to an unlikely hero: George W. Bush. While many might credit economists or central bankers for stabilizing the global economy,
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Howard Buffett's announcement as the successor did not come out of the blue. A member of Berkshire's board for over 30 years
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Billionaires and multimillionaires are flocking to a city where power has been more important than money, but is now deeply intertwined with it.