Friday, 29 August 2014
Last updated 11 hours ago
Aug 15 2007 | 12:44pm ET
The Oracle of Omaha is apparently bullish on Rupert Murdoch—at least for now. Warren Buffet has upped Berkshire Hathaway’s stake in Dow Jones, while also adding to his positions in financial sector firms such as Bank of America, Wells Fargo and US Bankcorp.
According Berkshire Hathoway’s filing with the SEC yesterday, he has also upped his interest in Johnson & Johnson, Proctor & Gamble and Nike.
Meanwhile, Buffet seems to be over his love affair with H&R Block. Once the second-largest stockholder in tax preparation firm, Buffet has unloaded his remaining positions in the firm, according to the filing.
Additionally, Buffet has asked the SEC if it would waive the requirement for him to reveal his holdings in two railroad companies—Union Pacific and Norfolk Southern. Earlier this month, however, he did reveal that he snatched up 1.6 million shares of railroad company Burlington Northern Santa Fe, causing investors to speculate that he is bullish on railroads.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...