Buffett News

Buffet on Japan Visit; Says Euro Zone Has ‘Major Flaw’

Billionaire investor Warren Buffett said Europe’s debt crisis had shown up a “major flaw” in the 17-member euro zone system and it would take more than words to fix it. “There is a major flaw in the euro system … …

Buffett Gives $1.8 Billion to Gates, Family Charities

Investor Warren Buffett has donated another $1.78 billion to several charities, with the bulk going to the Bill & Melinda Gates Foundation, as part of his plan begun in 2006 to donate 99 percent of his wealth. According to a …

Buffett Charity Lunch Sells for $2.63 Million

A steak lunch at Smith & Wollensky in Manhattan starts at $36.50. The same lunch, eaten in the company of legendary investor Warren Buffett, costs approximately $2.63 million. That was the final result of the annual online charity auction for …

Swiss Re 2010 Net Income up on Buffet Loan Repayment, but Miss Forecasts

Swiss Re struck a note of confidence on its pricing power and hiked its dividend, saying capital had recovered since it turned to U.S. billionaire Warren Buffett for help in the financial crisis. The world’s second-biggest reinsurer’s full-year net income …