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Why Buffett Won't Invest in Commodity Companies

2013-10-22 00:34:58| Beverages - Topix.net

The Oracle of Omaha has been quoted many times stating that he does not like to invest in companies that rely on commodities as a main source of income.

Tags: companies invest commodity buffett

Buffett praises new Benjamin Moore paints CEO

2013-10-16 23:25:13| Chemicals - Topix.net

Warren Buffett says the new CEO at Berkshire Hathaway's paint company is doing a good job, but it's not clear why the previous leader departed just over a year after taking the job.

Tags: ceo moore benjamin paints

Billionaire Warren Buffett says budget debate hasn't hurt economy but default would be idiocy

2013-10-16 15:52:08| Food - Topix.net

Billionaire Warren Buffett said Wednesday it would be idiocy for the nation's leaders to allow the United States to default on its bills.

Tags: would default budget economy

As Buffett Predicted, Heinz Traders Get Caught

2013-10-15 06:20:23| Food - Topix.net

Warren Buffett appeared on CNBC and was asked about some suspicious options trading that had occurred in Heinz stock the day before a deal to purchase the company was publicly announced; in response to a question from a viewer, Buffett said the following: "I will guarantee you that that person that bought it on Wednesday, bought those options, I ... (more)

Tags: caught predicted heinz traders