Berkshire Hathaway’s new CEO was the previous leader of the company’s operating businesses. This new management team has the unique problem of having too much cash sitting on its balance sheet. Berkshire stock looks cheap when you add up all its assets and the earnings power of its subsidiaries. 10 stocks we like better than […]
The first time he “retired”, in 1956, Warren Buffett was 25. Benjamin Graham, the famous stock-picker who employed him, had closed his fund. The oracle of Omaha, as Mr Buffett would later become known, went home to Nebraska. His break from work was brief; he soon started an investment partnership of his own. But then […]