When Warren Buffett shares details of his personal finances, people tend to pull up a chair and take notes. When you’re one of the wealthiest people on Earth, you must be doing something right. While Buffett’s acolytes are chiefly interested in strategies for amassing more money, they recently received a …
Nelson Peltz adds stake in U-Haul Trian Fund Management added a nearly $80 million position in U-Haul Holding during the second quarter, according to a securities filing released Wednesday. Trian is run by activist investor Nelson Peltz, though it is not clear if he is trying to influence company management …
One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s recent annual shareholder meeting in Omaha was that cyber insurance, while currently profitable, still has too many unknowns and risks for Berkshire, a huge player in the insurance market, …
Buffett found Munger to be truly honest Warren Buffett said Charlie Munger was a trusted business partner, but he’s also been able to look elsewhere for personal support. “I trust my children and my wife totally,” Buffett said. “But that doesn’t mean I ask them what stocks to buy.” “In …
COO and President Dan Sheridan of Brooks Running Courtesy: Brooks The longtime CEO of Berkshire Hathaway’s Brooks Running, Jim Weber, is stepping down after more than 20 years in the top job, the company will announce Tuesday. Brooks veteran Dan Sheridan, who started at the running company in a marketing …