Warren Buffett’s Berkshire Hathaway liquidated its positions in a number of high-profile companies during the fourth quarter, but the Oracle of Omaha has hung on to his huge stake in Coca-Cola. And Coke’s nearly 4% drop is a we…
When pros like Warren Buffett and Goldman Sachs start making moves predicated on the expectation of higher rates, investors best take note. The impact of higher rates would be widespread, especially on so-called safe havens lik…
NetJets, a private aviation company selling fractional ownership in its planes, announced Thursday that it would buy Marquis Jet, a private jet cards company that sells the use of NetJets’s planes in 25-hour blocks. Marquis Jet…
After plunging most of Tuesday on uncertainty about Combs, Berkshire shares recovered somewhat as investors learned more about him. Combs’s Castle Point fund was seeded by former Goldman Sachs CEO Stephen Friedman’s Stone Point…
Why did Buffett tap Combs? Based on Combs’s track record, it’s clear that he has done well in financial services stocks while limiting risk. Plus, he shares Buffett’s approach to investing — and for writing amusing investor l…