Speaking on CNBC television, Buffett said, "It's a defect of mine" that he doesn't focus as closely on the efficiency of business units at Berkshire Hathaway Inc BRKa.N , the conglomerate he has run since 1965.
Warren Buffett likened unemployed workers to animals that are helpless to avoid vehicle crashes, and said the USA must do more to help those displaced by competition from overseas and technology.
Billionaire Warren Buffett paid tribute to Vanguard founder Jack Bogle at Berkshire Hathaway's annual meeting Saturday.
The proposal on political contributions, which won less than 11 percent of votes cast, was similar to proposals offered at many companies and came from Clean Yield Asset Management on behalf of shareholders Tom Beers and Mary Durfee. "And at that time that we make a decision, it might include both, but it could be repurchases, it could be dividends".
Known to his followers as "The Oracle of Omaha", Buffett has amassed a cult of reverence around his midwestern brand of capitalistic wisdom.
I remain bullish on Apple for a number of reasons, however Warren Buffett's enthusiasm for a stock he would otherwise not have considered just a few years ago makes me even more bullish. Buffett joked: "That's Charlie".
"I think it's absolutely essential to America that we become more productive, because that's the only way we increase consumption per capita", he added. "I never expected he could pull off what he did. on the scale that it happened", Buffett said Monday.
In response to a question about the impact of driverless cars, trucks and trains, Buffett said they'd not only be a threat to trucking and railroad businesses, but the insurance industry too.
Ryan Seacrest is Kelly Ripa's new 'Live' co-host
Are you ready for LIVE with Kelly and Ryan? Though he lives in Los Angeles, Seacrest will move to NY permanently to work on Live . She thanked all the former co-hosts, including the temporary ones, noting that they will all be part of the Live family forever.
"I thought it would do much better", Buffett admitted.
Former Wells Fargo workers have told NPR that they called the bank's ethics line and the bank did nothing.
When Warren Buffett was asked why he's not buying Amazon shares, the billionaire investor had a simple answer.
On Sunday morning, almost 3,000 people ran in a 5K race through downtown that was sponsored by Berkshire's Brooks Running subsidiary.
"The huge money is in selling people the idea that you can do something magical for them", Buffett said. "Walmart and Google were missed opportunities", he said.
Buffett says Bogle played a major role in creating the index funds that are common today, and that has helped millions of investors earn more because the fees are so cheap.
At Berkshire's annual meeting Saturday, Buffett is the celebrity that everyone wants to get close to. While Buffett met Mr Peanut at the Kraft Heinz booth, Miami Dolphin player Ndamukong Suh wandered about 1m away without a crowd.
Comments