Warren Buffett Posts

Warren Buffett and Dan Gilbert will pay $1 billion to the person(s) that fills out a perfect NCAA bracket

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Warren Buffett’s Berkshire Hathaway and Dan Gilbert’s Quicken Loans are going to award anyone that fills out a perfect 2014 Men’s NCAA Tournament bracket with $1 billion. The prize is going to be paid in 40 annual installments of $25 million. If there is more than one winner, the prize will be shared. The winner or winners can also ask for a lump sum payment.

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Warren Buffett Donates $2 Billion In Stock To The Gates Foundation

Warren Buffett
Warren Buffett has made a donation of $2 billion to the Bill and Melinda Gates Foundation through his investment company Berkshire Hathaway.  Buffett donated around 17,458,431 in class B shares of Berkshire Hathaway stock, which is trading at around $115 per share today.

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Warren Buffett Is Tweeting Now

The world’s richest men are Carlos Slim ($73 billion), Bill Gates ($67 billion), Amancio Ortega ($57 billion), and Warren Buffett ($53.5 billion).  We know that Bill Gates officially tweets.  Now we can count two out of the four of the world’s richest men as Twitter users because Warren Buffett has joined the service.  Buffett sent out his first tweet while being interviewed by Fortune at the University of Nebraska Omaha.  His username is @warrenbuffett.
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Warren Buffett Buys Another 5 Million Shares In GM

Berkshire Hathaway, the investment arm of billionaire Warren Buffett, has acquired another 5 million shares in General Motors.  The company has raised their stake in the company to 15 million shares for the quarter ending September 30th.  David Einhorn of Greenlight Capital boosted their stake to 21.6 million shares from 17.4 million shares as of June 30th. Continue reading →

Dan Gilbert (Quicken Loans) and Manoj Bhargava (5 Hour Energy) Join Giving Pledge

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Dan Gilbert, the founder of Quicken Loans, and Manoj Bhargava, the founder of 5-Hour Energy, are among two billionaires from Michigan that have joined Giving Pledge.  Giving Pledge is an organization created by Bill Gates and Warren Buffett to redistribute their wealth to charity.

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Why Warren Buffett Did Not Invest In Facebook, “Stay Away From Things We Do Not Understand”


Warren Buffett knows a thing or two about investing so when he reveled that he was going to stay away from Facebook, many people were intrigued and followed his lead.  At a Berkshire Hathaway annual meeting on May 5, 2012 before the Facebook IPO, Buffett said “We should stay away from things we do not understand.”

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Lunch With Warren Buffett Sells For $2.6 Million On eBay


A lunch with Warren Buffett has sold for $2.6 million on eBay this past week. This broke the previous record for a charity auction on eBay: $2.11 million for a lunch with Buffett in 2008. The proceeds from the auction will benefit the Glide Foundation. Glide provides social services for poor people in San Francisco. Buffett is the Chairman and CEO of Berkshire Hathaway. Buffett’s net worth is estimated to be $47 billion.

CNBC Q&A: Warren Buffett and Bill Gates At Columbia For Keeping America Great [Video]



Bill Gates and Warren Buffett, the two richest men in the United States with a combined net worth of $77 billion did a presentation at the Columbia University Business School in New York City. CNBC host Becky Quick moderated the discussion and set up the question and answer session between the students. The title of the discussion was called Keeping America Great. Above is the video. Leave your thoughts about the discussion in the comments.