by admin on March 30, 2015, no comments

Bridgewater’s Dalio Critiques Fed’s Tightening Monetary Policy (FT)

Berkshire acquires The Van Tuyl Group

by admin on March 3, 2015, no comments

Berkshire Hathaway agrees to acquire the Van Tuyl Group, expanding the firm’s influence into the auto industry. Van Tuyl will be renamed as Berkshire Hathaway Automotive and will move its headquarters from Phoenix to Dallas.

Worst Trade: Tesco

by admin on March 3, 2015, no comments

Berkshire Hathaway invests in British grocery retailer Tesco, seeing potential growth in the company. Buffett initially invests $2.35 billion in Tesco for a 5.2% stake in the company by 2007. Even though he decreases his stake to 3.7% by 2013, Buffett ignores further profit warnings and loses $444 million from his investment by the time […]