Buffett’s big bet

The celebrated investor wagers a tidy sum that even carefully chosen hedge funds won’t return more than the market over time.
By Carol J. Loomis, senior editor at large

(Fortune Magazine) — Will a collection of hedge funds, carefully selected by experts, return more to investors over the next 10 years than the S&P 500?
That question is […]


Buffett Says Credit Crisis Ebbs for Wall Street Firms

Warren Buffett Wank fest time. Shortly after he gave an interview at CNBC on the Mars-Wrigley deal he hops onto Bloomberg. This time: Worst is over, but not for you consumers
Warren Buffett, chief executive officer of Berkshire Hathaway Inc., said the global credit crunch has eased for bankers, and the Federal Reserve probably averted more […]