Keyword: warrenbuffet

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  • Don’t look now, but Warren Buffett is the No. 2 Real Estate broker in the country

    04/01/2018 7:09:04 AM PDT · by SeekAndFind · 6 replies
    The “Oracle of Omaha” is climbing the broker ranks. At least his company is. Warren Buffett’s residential brokerage HomeServices of America has grown to become the second-largest real estate brokerage in the country, according to a new ranking from Real Trends. Buffett’s company trails only Realogy Holding’s NRT unit. Under the Berkshire Hathaway banner, HomeServices closed $125.4 billion in transaction volume in 2017. It represented 328,355 “sides,” meaning either the buyer or seller side, reflecting a 34 percent jump from the year before, Bloomberg reported. NRT led the pack with 346,942 sides and a transaction volume of $178.2 billion. Rounding...
  • Buffett's Berkshire has $116B to spend on deals, but the investor can't find anything cheap enough

    02/24/2018 7:12:48 AM PST · by SeekAndFind · 16 replies
    CNBC ^ | 02/24/2018 | Tae Kim
    Warren Buffett's Berkshire Hathaway is itching to do a massive acquisition, but is having a difficult time due to elevated valuations. The Oracle of Omaha explained his buying criteria for deals in his 2017 annual letter to shareholders released on Saturday. "In our search for new stand-alone businesses, the key qualities we seek are durable competitive strengths; able and high-grade management; good returns on the net tangible assets required to operate the business; opportunities for internal growth at attractive returns; and, finally, a sensible purchase price," he wrote. "That last requirement proved a barrier to virtually all deals we reviewed...
  • No Room for “Buffetnomics” in the GOP

    10/13/2017 4:02:01 PM PDT · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 10/13/17 | Megan Barth
    These GOP members who are contemplating raising taxes are playing with fire. Failure to act in a way that pleases the base will ensure they are the ones who get burned Make no mistake about it: if Congress, particularly the United States Senate, fails to send a tax bill to the president’s desk, it will imperil the congressional majority, do lasting damage to the Republican Party, and potentially threaten the American economy. The clock is ticking.
  • BH Media cuts 289 positions; no job losses at Nonpareil (Dinosaur Media DeathWatch™)

    04/09/2017 6:58:27 PM PDT · by 2ndDivisionVet · 5 replies
    The Nonpareil ^ | April 8, 2017 | Steve Jordon
    OMAHA — The parent company of The Daily Nonpareil and The Omaha World-Herald announced last Monday it eliminated 289 jobs across the country, including 108 vacant positions. BH Media Group, based in Omaha, is reducing costs because of declining advertising and circulation revenue. BH Media is the newspaper division of Berkshire Hathaway Inc. It now employs 4,450 people. Terry Kroeger, president and chief executive, said in a memo to BH Media employees that some of the company’s 31 newspapers are reducing other expenses, including the number of pages they print. None of the job cuts were at The Nonpareil or...
  • WikiLeaks: CNBC Host Rebecca Quick Promises to ‘Defend’ Obama Appointee

    10/12/2016 4:58:43 PM PDT · by Rockitz · 30 replies
    Breitbart.com ^ | 12 Oct 2016 | Justin Haskins
    Since WikiLeaks began releasing once-private messages from Hillary Clinton campaign chief John Podesta, the world has had even more access to hard evidence of the mainstream media’s support for and collusion with Democratic Party operatives and campaigns. The latest example, reported now for the very first time (as are we can tell), shows CNBC’s Rebecca Quick — the co-host of the channel’s popular show Squawk Box and a co-moderator with John Harwood at a 2015 Republican primary debate — promising to support Sylvia Mathews Burwell, who had just been named the secretary of the Department of Health and Human Services....
  • (April 11, 2015) Warren Buffett’s Nifty Tax Loophole

    10/11/2016 3:22:26 PM PDT · by CruiseMates · 13 replies
    Barrons ^ | April 11, 2015 | Morris Propp
    Warren Buffett is fond of saying his tax rate is lower than his secretary’s. He does not publicize his tax returns, but for the tax year 2010, he paid $6.9 million on taxable income of $39.8 million, according to partial disclosures he made in 2011. What is astounding about those numbers is not the 17.3% tax rate, but that Buffett’s $39.8 million of taxable income is only about 0.05% of his reported net worth ($71 billion according to Forbes, which put him third on its list of the 400 wealthiest people in the world for 2015).
  • New American Oil Pipeline is the Answer

    07/29/2016 3:44:31 PM PDT · by Tolerance Sucks Rocks · 7 replies
    Patriot News ^ | July 19, 2016 | The Common Constitutionalist
    Remember the Keystone XL Pipeline project? Remember what a cause célčbre it was for both the left and right? What the heck ever happened to it? Have you wondered that?Well, in short it was killed pretty much for good, or at least the foreseeable future – both here in the USSA and now in Canada. As you are no doubt aware, it was Obama who, with the left in the federal and various state legislatures – and with some help from Choo-choo Warren Buffet who owns most of the rail cars now hauling crude down south, vetoed the pipeline. And...
  • IBM Tumbles To New 5 Year Lows After Warren Buffett Admits Huge Loss

    11/09/2015 9:39:29 AM PST · by SeekAndFind · 6 replies
    Zero Hedge ^ | 11/09/2015 | Tyler Durden
    We're gonna need a bigger buyback... As if "old tech" IBM was not in enough trouble, the worrying admission from Buffett's Berkshire Hathaway's earnings of around $2 billion (though careful to note he is not about to sell) has seemingly prompted further weakness. IBM is down almost 2% to fresh May 2010 lows... As Berkshire Hathaway detailked... As of September 30, 2015 and December 31, 2014, we concluded that there were no unrealized losses that were other than temporary. Our conclusions were based on: (a) our ability and intent to hold the securities to recovery; (b) our assessment that the...
  • Why Obama’s Keystone XL rejection excuses are a complete load of crap

    11/09/2015 8:49:51 AM PST · by Sean_Anthony · 11 replies
    Canada Free Press ^ | 11/09/15 | Herman Cain
    From one who specializes in it. It’s bad enough that President Obama dragged his feet for seven years before doing what everyone knew he was going to do. TransCanada, the Canadian government an awful lot of Americans who could have used the economic boost (including the folks in North Dakota and an awful lot of Obama’s union supporters) were left to twist in the wind while Obama pretended he was “reviewing” the proposed Keystone XL pipeline. Of course, he was doing no such thing. He knew on Day 1 he was going to reject it because that’s what his extreme...
  • Putin and Buffett’s War on U.S. Pipelines

    06/06/2015 6:52:57 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | June 6, 2015 | Paul Driessen
    Abundant, reliable, affordable oil and natural gas empower people. They support job creation, mobility, modern agriculture, homes and hospitals, computers and communications, lights and refrigerators, life and study after sundown, indoor plumbing, safe drinking water, less disease and longer lives. Hydrocarbons make plastics, pharmaceuticals and synthetic clothing. They create fertilizers and pesticides, to improve crop yields, reduce food prices and improve nutrition. But Sierra Club, 350.org and other radicals want to keep America’s oil and natural gas bounties in the ground. They block leasing, drilling and fracking. They block pipelines that transport oil and gas to refineries, power plants, factories...
  • Obama In His Own Words: “Tax the heck out of people at the end and just redistribute it”

    10/19/2008 1:28:10 PM PDT · by ari-freedom · 104 replies · 3,123+ views
    audacityofhypocrisy.com ^ | August 22, 2008 | admin
    Buried in that 8,000 (!) word NYT magazine article about Obama’s economic plan that I mentioned yesterday, is this bit flagged by Geraghty at Campaign Spot: “If you talk to Warren [Buffet], he’ll tell you his preference is not to meddle in the economy at all — let the market work, however way it’s going to work, and then just tax the heck out of people at the end and just redistribute it,” Obama said. “That way you’re not impeding efficiency, and you’re achieving equity on the back end.” He continued by saying that he thought there was some merit...
  • Thousands Of Layoffs Coming After Buffett Merges Heinz With Kraft, 5th Largest Food Company

    03/25/2015 8:46:35 AM PDT · by SeekAndFind · 20 replies
    Zero Hedge ^ | 03/25/2015 | Tyler Durden
    Another day, another mega-M&A deal taking advantage of abnormally low bond rates, this time however not involving biotechs or a specialty pharma seeking to purchase a debt-free balance sheet, but one involving the Oracle of Omaha himself, and his Heinz investment, which will merge with Kraft Foods whose market cap was over $40 billion this morning on the news of the merger, and create the third largest food and beverage company in the US, and 5th largest in  the world. And while the resulting company will certainly be an unprecedented food giant, one which leaves the US food industry even...
  • Obstruction Leader Harry Reid to Attempt Historic Filibuster on Override of Keystone Veto

    03/02/2015 5:08:10 PM PST · by cotton1706 · 9 replies
    freebeacon.com ^ | 3/2/15 | Daniel Bassali
    Harry Reid is taking unprecedented steps to block Senate Republicans, even though his actions will result in nothing but procedural delay. In another example of Democrats playing the role of obstructionists, Harry Reid will force the Senate to go through procedural hurdles to delay Majority Leader Mitch McConnell from bringing up the president’s Keystone XL veto for an override vote. Last week, President Obama vetoed the popular bipartisan Keystone XL Pipeline bill passed by the Senate. This week, the Senate is planning a vote to override the president’s veto. Democrats, led by Minority Leader Harry Reid, are set to revoke...
  • Warren Buffett: Hillary will be president, unless she gets sick…

    03/02/2015 1:36:19 PM PST · by LeoWindhorse · 73 replies
    Hot Air ^ | March 2, 2015 | Noah Rothman
    Berkshire Hathaway CEO Warren Buffett hasn’t gotten where he is today by making rash investments, and the prolific investor claims that he is ready to put his money where his mouth is with regards to his support for Hillary Clinton’s likely presidential bid. Buffett, who allowed his name to be used by President Barack Obama as part of a cynical ploy to gin up interclass resentment during the 2012 reelection campaign, claims that all the smart money is on Clinton.
  • A Century Ago: Rockefellers Funded Eugenics Initiative to Sterilize 15 Million Americans

    12/15/2014 3:31:51 PM PST · by Morgana · 6 replies
    Freedom Outpost ^ | December 14, 2014 | Melissa Melton
    Some people are still under the impression that the A Century Ago: Rockefellers Funded Eugenics Initiative to Sterilize 15 Million Americans " tit>Rockefeller Foundation is all about philanthropy: helping people and saving lives. Those people are Bill Gates and Bill Gates and Warren Buffet. In reality, the Rockefellers have been one of the largest financial backers and drivers of the eugenics and the depopulation agenda for over a century now. Check out these 1915 newspaper clippings we came across in research. The first is from The Salem Daily Capital Journal printed Thursday, November 4th, 1915.
  • Do As Warren Does, Not As Buffett Says

    11/17/2014 7:33:20 AM PST · by SeekAndFind
    RCM ^ | 11/17/2014 | Jeffrey Dorfman
    Trying to invest like Warren Buffett has such a long history that numerous columns have been written about how to construct portfolios of companies that the writer posits Warren Buffett would like. Other investors or money managers simply build portfolios of companies in which his Berkshire Hathaway has substantial holdings. Multiple books have been written on how to invest like Buffett. Still, it is always worth reminding, particularly as the subject of tax reform bubbles up in Washington, D.C. once again, that while imitating Warren Buffett can come with large rewards, listening to him is a much less rewarding strategy....
  • Bill Gates Tops Forbes’ Richest Americans List For 21st Straight Year

    09/29/2014 8:14:43 PM PDT · by SeekAndFind · 14 replies
    Headlines and Global News ^ | 09/29/2014 | Emily Morgan
    An American worth less than $1.55 billion could not land on this year's "The Forbes 400," the annual ranking for the richest people in America. The cut-off increase from last year's $1.3 billion disqualified 113 poor billionaires for this year's list. Bill Gates once again lorded over his fellow wealthy Americans for the 21st consecutive year with a healthy $81 billion, up $9 billion from 2013. He outpaced Warren Buffet ($67 billion), Larry Ellison ($50 billion) and the Koch brothers' Charles and David (each worth $42 billion) to round out the top five. Michael Bloomberg ($35 billion) managed to slide...
  • "Tax Me More" Warren Buffett To Finance Burger King's Tax Inversion Deal

    08/26/2014 9:29:56 AM PDT · by SeekAndFind · 21 replies
    Zero Hedge ^ | 08/27/2014 | Tyler Durden
    President Obama would have proudly proclaimed Warren Buffett a true patriot in his bailing out of the banking system with expensive loans and his 'realization' that those earning more than $1 million should be tax-tax-taxed. However, the "Buffett Rule" appears to have one caveat... if you are making over a $1 billion, you're good to go with tax-avoidance strategies. In one of his career's most hypocritical moves Warren "tax-me-more" Buffett has decided that putting his money where his mouth is no longer makes sense.. and is funding $3billion of Burger King's "tax-inversion" takeover of Canada-based Tim Hortons. Somewhere on...
  • Ohio senator: Boycott Burger King

    08/25/2014 11:47:34 AM PDT · by jazusamo · 102 replies
    The Hill ^ | August 25, 2014 | Peter Schroeder
    Sen. Sherrod Brown (D-Ohio) is urging consumers to boycott Burger King over reports that the fast food chain is eyeing a tax-cutting move to Canada. Brown, an outspoken corporate critic, said people hankering for a burger should head to Wendy’s or White Castle, two Ohio-based chains that aren’t looking to shrink their tax bill via a so-called “corporate inversion.” “Burger King’s decision to abandon the United States means consumers should turn to Wendy’s Old Fashioned Hamburgers or White Castle sliders,” he said in a statement. “Burger King has always said ‘Have it Your Way’; well my way is to support...
  • Common Core Equates George Washington to Palestinian Terrorists

    07/13/2014 3:30:59 PM PDT · by 2ndDivisionVet · 26 replies
    Last Resistance ^ | July 12, 2014 | Dave Jolly
    How many times do I have to write about the problems discovered in Common Core teaching? This time it deals with Pearson Education, one of the leading companies that helps develop and train Common Core teaching. According to their website: “As the leading education services company, Pearson is serious about evolving how the world learns. We apply our deep education experience and research, invest in innovative technologies, and promote collaboration throughout the education ecosystem. Real change is our commitment and its results are delivered through connecting capabilities to create actionable, scalable solutions that improve access, affordability, and achievement.” [Emphasis mine]...