Warren Buffett | featured news

Billionaire investor Warren Buffett said on Monday that Japanese stocks were good investments after the deadly earthquake that hit the world's third-biggest economy last week.

President Barack Obama heard a sobering message from Warren Buffett when he asked for the investment guru's views about the economic recovery, according to an interview Obama gave NBC News on Thursday.

The one man Berkshire Hathaway Risk Committee and Chief Risk Officer, 79 year old Warren Buffett, says that directors of major banks are "derelict" if they don't "insist that [their] CEO bear full responsibility for risk control. If he's incapable of handling that job, he should look for other employment. And if he fails at it -- with the government thereupon required to step in with funds or guarantees -- the financial consequences for him and the board should be severe."

Warren Buffett's Berkshire Hathaway Inc has struck a deal to buy the rest of railroad Burlington Northern Santa Fe Corp for $26 billion, Buffett's biggest acquisition ever.

It's 12 months later and Warren Buffett's Berkshire Hathaway is $3 billion richer. One year ago today, on September 23, 2008, with the financial world still reeling from the collapse of Lehman Brothers just days before, Buffett stunned Wall Street with a massive vote of confidence for Goldman Sachs.

The United States economy is out of the emergency room and appears to be on a slow path to recovery, Warren Buffett wrote in an opinion column in the New York Times.

Warren Buffett said on Monday the U.S. economy had "fallen off a cliff" but would eventually recover, although a rebound could kindle inflation worse than that experienced in the late 1970s.

Berkshire Hathaway's net sank 96% in the fourth quarter. Warren Buffett warned of a bubble in the Treasury market.