Investing guru Charlie Munger, the longtime business partner and close friend of Warren Buffett, has died at 99 years old. Known for his pithy financial wisdom, Munger spent decades as Buffett's right-hand man. Munger served as vice chairman of their company Berkshire Hathaway. He died at a hospital in California.…
In shocking scenes, an investor has been arrested for blasting Microsoft co-founder Bill Gates during a Berkshire Hathaway shareholders' meeting. The investor was Pete Flaherty, the chairman and CEO of the National Legal and Policy Center (NLPC). Flaherty and NLPC have been campaigning for Berkshire Hathaway to have a separate…
Renowned American investor Warren Buffett has just dumped billions of dollars worth of stock for a Taiwanese chipmaker as fears mount that Communist China is preparing to invade the island nation. The move comes as experts are increasingly warning that a Chinese invasion of Taiwan is now imminent. Buffett purchased…
Investment mogul Warren Buffett has issued a warning about “runaway inflation” from the consequences of fiscal deficits over the last decade. In his annual letter (pdf) to Berkshire Hathaway shareholders, Buffett touted his confidence in the U.S. economy. However, he also warned that "deficits have consequences." Buffett, 92, encouraged investors…