Charlie Munger believed Berkshire Hathaway's advantage was keeping it simple, avoiding bureaucracy. He urged to know one's limits and reduce big errors.

For a generation of investors raised on the idea that "you can't go wrong with property," Warren Buffett is making a very ...

Munger pushed further: "If you're not a know-nothing investor, if you're actually capable of figuring out something that will ...

Warren Buffett's partner at Berkshire Hathaway, the late Charlie Munger, shunned diversification, calling it a tool for "those who don't know anything." Almost all of his $2.6 billion net worth was in ...

Not everyone in America gets "enormous rewards" for their skills.

Warren Buffett was, at one point, the richest publicly disclosed person in the world. When I was younger, I kept wondering ...

Warren Buffett has handed over the CEO reins to Greg Abel after a six-decade run. From 1964 to 2024, Berkshire delivered a compounded annual gain of 19.9%, nearly double the S&P 500's 10.4%. As ...

The "Oracle of Omaha" has officially retired. Mostly. At age 95, legendary investor Warren Buffett stepped down on Wednesday as CEO of Berkshire Hathaway, the once-failing textile business he spent 60 ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Warren Buffett stepping down as CEO marks the end of an era, but his continued role as chairman preserves strategic continuity at Berkshire Hathaway. Berkshire’s $354 billion cash position leaves the ...

Warren Buffett, who has stepped down as Berkshire CEO, shared his thoughts on his successor, Greg Abel, in a special interview with Becky Quick. The full interview with Buffett will air on CNBC on ...

Warren Buffett officially stepped down as CEO of Berkshire Hathaway on Thursday, handing the reins of the multinational conglomerate to his hand-picked successor, Greg Abel. Abel, 63, is taking the ...