“I think he has room for improvement,” Buffett said. “And he would say the same thing.”
The troubled lender is conducting a high-profile search for its next CEO.
Buffett says a Wall Street executive would draw congressional ire.
Buffett owns the largest residential brokerage in the U.S.
The long-running challenge is only open to Berkshire Hathaway’s roughly 400,000 employees.
The three companies announced plans for a new venture in January of 2018.
The famed investor also said he overpaid for Kraft Heinz.
Read Warren Buffett's annual letter to shareholders here...
These are some of the highlights from this year’s letter.
Warren Buffett’s sprawling Berkshire Hathaway released its fourth-quarter earnings on Saturday, .
And with Berkshire’s $116 billion pile of cash, shareholders are eager to find out on Saturday in Buffett’s annual letter whether the “Oracle of Omaha” made any significant purchases in 2018.
The “Oracle of Omaha” will release his widely anticipated annual letter to Berkshire Hathaway Inc. shareholders on Saturday.
The probe is not expected to affect current or past earnings, Kraft said.
Berkshire also bought shares in General Motors and cloud-computing company Red Hat.
Berkshire Hathaway said the simplified offering for small businesses will be rolled out on a state-by-state basis as soon as regulatory filings and approvals are cleared.
Microsoft maintained its lead, but Apple is staging a comeback.
The bankrupt retailer will move forward with its planned auction, set for Jan. 14.
The number of people that joined the ultra-rich club also grew last year.
In the lifestyles of the rich and frugal: some celebrities are practical with their money.
Sevens Report Founder Tom Essay on Berkshire Hathaway CEO Warren Buffett’s stock picks.