FILE PHOTO: Ronald Olson, partner at Munger, Tolles & Olson, Los Angeles, and Berkshire Hathaway Director looks at the price ...

Warren Buffett has repeatedly stated Berkshire doesn’t like to part with any subsidiary unless it is hopelessly unprofitable.

The billionaire’s annual letter to shareholders praised saving and attacked dividends as usual, but it also contained plenty of advice for the US president. Berkshire Hathaway released its ...

In his letter, Buffett emphasized the need to address mistakes quickly. He referenced his late business partner, Charlie Munger, who coined the term "thumb-sucking" to describe the danger of inaction ...

Berkshire Hathaway uses its "operating earnings," which exclude the capital gains or losses from its investment portfolio, to ...

Berkshire Hathaway Inc. is a tax efficient investment, ideal for taxable accounts with its lack of dividend payments. Click ...

Warren Buffett is losing control of Berkshire Hathaway, and hedge fund manager Bill Ackman says it’s time for a new era. The ...

Ackman said he hopes to build “a modern Berkshire Hathaway," and expressed confidence in Buffett’s successor’s ability to ...

Warren Buffett has warned shareholders his time is nearly up, talked up his successor, and taken steps to protect Berkshire ...

The hedge fund manager behind Pershing Square Capital Management is a former investor in Berkshire, and has been called the ...

The investing icon told shareholders it "won't be long" before Greg Abel succeeds him as CEO. Buffett has praised Abel, cleared the decks for him, and taken steps to protect his personal legacy.