
Warren Buffet - Investment
Warren Edward Buffet is an American Business Magnate, Investor and Philanthropist, regarded as one of the best Investors of our Time. Born on 30/8/1930, now 84 years old and still the CEO of Berkshire Hathaway Inc - a multinational conglomerate Holding Company that oversees and manages a number of subsidiary companies. His net worth is estimated at 72.3 billion USD.Warren Buffett buys Prudential Real Estate Unit
HomeServices Chairman and CEO Ron Peltier said this deal gives the company a national franchise network with 75,000 Agents to complement its local brokerages. Click HERE to read the Full USA Today Article.Meet the Real Estate Franchise Backed by Warren Buffett
The Berkshire Hathaway HomeServices franchise operates under HSF Affiliates, which owns the Prudential and Real Living real-estate networks and is a joint venture between HomeServices of America and Brookfield Asset Management. Click HERE to read the Full Article.Why Warren Buffett Wants to Sell Houses, Cars and More
Prudential Real Estate, meanwhile, has already placed more than a thousand real estate agencies under the Berkshire Hathaway HomeServices brand after striking a franchising deal with the conglomerate in 2011. That number is still expanding, both in the United States and internationally. The company plans to pursue further licensing deals in Europe and Asia, in addition to other American markets. CLICK on the above Heading LINK for the Full Article.
Warren Buffett's Profits Take a Hit
Warren Buffett lost $678 million on his investment in Tesco in the third quarter as profits dipped at his investment vehicle Berkshire Hathaway.
Warren Buffett is wealthier than ever ( stated on forbes.com on 6 April 2015 ) thanks to the stellar performance of his diversified holding company, Berkshire Hathaway ( in 2015 Buffet had control of the company for the past 50 years ). Its coveted Class A stock, which is the most expensive of any public U.S. company, eclipsed $200,000 per share for the first time in August 2014. Buffett moved to 3rd richest on Forbes' 2015 list of the world's richest, up 4th richest in 2014.
With dozens of subsidiaries, including in railroads, insurance and energy, Berkshire Hathaway posted $182 billion in 2013 revenue and $19.5 billion in net income. Still inking big deals, Buffett's Berkshire Hathaway bought battery maker Duracell from Procter & Gamble in November 2014 for $4.7 billion.
A generous philanthropist, he bested his own giving record in July 2014, giving away Berkshire shares worth $2.8 billion, primarily to the Bill & Melinda Gates Foundation but also to his children's foundations, bringing his lifetime giving to nearly $23 billion. Buffett says his best ever investment was buying Benjamin Graham's book "The Intelligent Investor" in 1949.
He later studied under Graham before moving home to Nebraska and acquiring a struggling textiles company in 1962, Berkshire Hathaway. In early February 2015, it was the fourth most valuable public company in the U.S. with a market capitalization of $355 billion.
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Download a file : Summary of Warren Buffet's - Investments & Company
CORPORATE STRUCTURE OF THE COMPANY
Warren Buffett ( who is the company's Chairman, President and CEO ) mounted a spirited defense of Berkshire Hathaway Inc.’s conglomerate structure, in his 50th letter to shareholders, and made the case that the company is well-positioned to survive without him and his partner Charlie Munger ( Vice-chairman of the company ).