Why Warren Buffett says markets are ‘gambling salons’

Why Warren Buffett says markets are ‘gambling salons’

OMAHA, Nebraska – Back in February, Warren Buffett complained that he hadn’t found much worth buying. That is no longer the case. After years of contract drought, Buffett’s Berkshire Hathaway Inc. reopens the consumption opening. He signed a contract of 11.6 billion dollars for the purchase of the insurance company Alleghani, which is ready to … Read more

Buffett bets a lot on oil and gas supplies

Buffett bets a lot on oil and gas supplies

For decades, Berkshire Hathaway President and CEO (NISE: BRK.B) Warren Buffett has maintained a fairly conservative approach to investment, favoring retail and banking stocks, while giving a broad position to more volatile sectors such as technology and energy. In fact, the big American banks were Warren Buffett favorite investment because they are part of the … Read more