In the investment world, Charlie Munger is well known as Warren Buffett’s highly successful right-hand man. The two are legends in the financial investment industry. But, naturally, Buffett gets the bulk of the praise and attention. There was one big investment that was reportedly outside the normal process for the … [continued]
Back in 2004, Elon Musk became the largest shareholder and chairman of Tesla. Later, in 2008, Warren Buffett invested $232 million for a nearly 10% stake in BYD, a China-based company that makes lithium-ion batteries and electric cars. Truth be told, Warren Buffett and Elon Musk have been competing in the EV … [continued]
Bill Gates and Warren Buffett are teaming up to bring a new kind of nuclear reactor to Wyoming. Good place for it!
Warren Buffett, the Sage of Omaha, is generally acknowledged to be the world’s smartest investor. Maybe so, although it can be argued that his warm embrace of fossil fuels indicates he may be good at making money but not so good at keeping his customers healthy. For the past few … [continued]
Warren Buffett recently invested billions into big oil with his $4.1 billion stake in Chevron, which leads us to think that he just not into clean energy any more. In 2014, he invested billions more into renewables, but one would think that if you really cared about making the world … [continued]
In a new filing with the Securities and Exchange Commission (SEC), Warren Buffett’s company, Berkshire Hathaway, reported that the company recently bought a large share of Chevron. The total amount Berkshire Hathaway invested into Chevron was $4.1 billion. UPDATE: Berkshire Hathaway have filed their 13G & 13F. They didn't buy … [continued]
What exactly is Elon Musk’s history with Warren Buffett?
Some people seem to thrive on turbulent times. Others prefer tranquility. Elon Musk is definitely in the first group. He seems to be happiest when things around him are in chaos — or at least, that’s where he shines. If so, he must be ecstatic and glowing brightly at the moment. After tweeting last week that he might take Tesla private, the news media has been awash with guesses, wild ass guesses, and far-fetched speculation about who might be interested in walking Tesla and Elon down the aisle in a financial marriage that could have international implications.
This story is about Tesla’s moats, but I don’t mean to imply that Buffett would invest in Tesla. Tesla is far from the value investments of the Berkshire Hathaway portfolio. Rather, Buffett’s comments are to demonstrate the importance of moats. Morningstar even has a guide called Why Moats Matter. Understanding the moats a business employs is clearly important to understanding the business and its future.
Warren Buffet has built quite a name for himself over the decades as a shrewd investor, but is there now a growing point of weakness in his empire? To be blunt, just how dependent is Warren Buffet’s financial position on the continued large-scale use of fossil fuels? Following a number … [continued]
