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J.J. Zhang's Winner Take All: Just because Warren Buffett is a...

2015-05-12 08:13:10| Food - Topix.net

Berkshire Hathaway recently held their annual shareholder's meeting and it was a special event at that, celebrating 50 years of Buffett taking control of Berkshire and turning it into the investment empire it is today. Buffett and other shareholders certainly have much to celebrate, up 2,850,000% since it started.

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Warren Buffett defends junk food holdings with dig at Whole Foods

2015-05-07 13:06:09| Beverages - Topix.net

He's made billions of dollars investing in products like Coca-Cola and candy, so it makes sense that Warren Buffett is not a huge supporter of health food. At the annual Berkshire Hathaway Inc. meeting in Nebraska at the weekend, the Oracle of Omaha reassured his shareholders by making a dig at Whole Foods Market, the supermarket chain known for organic produce and vegan products.

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Warren Buffett is 'one-quarter Coca-Cola'

2015-05-04 19:57:14| Beverages - Topix.net

"Speaking for myself, I'm 84, literally, one quarter of all the calories I've consumed myself have been Coca-Cola," "I don't see how anybody can feel better than I feel," he continued. "I'm one quarter Coca-Cola and I haven't missed a day of work since I had the prostate cancer radiation three years ago.

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Buffett Sees Activist-Proof Berkshire Resisting Breakup Calls

2015-05-04 15:57:44| Auto Dealers - Topix.net

Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said his life's work won't be broken apart by activist investors once he's no longer at the helm. "The market value of Berkshire is going to be so great that, even if all the activists got together, they couldn't do much about it," Buffett said Saturday at his annual shareholders meeting in Omaha, Nebraska.

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Buffett Endorses Job Cuts for Profit Amid Shareholder Unease

2015-05-04 13:22:58| Food - Topix.net

Berkshire Hathaway Inc. chairman and chief executive officer Warren Buffett, said, "there's no question that waves of layoffs hurt people". Still, he asked: "what would our country be if we kept everyone on the farm?" Photographer: Daniel Acker/Bloomberg Warren Buffett's partnership with 3G Capital, a job-cutting buyout firm that helped him do some of his biggest deals, has hit a nerve with shareholders of the billionaire's Berkshire Hathaway Inc. The first question asked at Berkshire's annual meeting on Saturday came from a Texas shareholder who said he was "suffering heartburn" because of 3G's "brutal" practices at the companies it acquires.

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