Warren Buffett Archives

Obama Talks to Buffett About Economy

August 23, 2011 by Insomniac Hedge Fund Guy

President Barack Obama, preparing for a post-Labor Day speech with plans for stimulating the economy, talked with billionaire Warren Buffett about how to boost job creation and spur growth. “The president and Mr. Buffett discussed the overall outlook on the … Read more.

BUFFETT CALLS FOR HIGHER TAXES

August 15, 2011 by Insomniac Hedge Fund Guy

Buffett calls for higher taxes on US Super Rich The wealthiest Americans should pay more income tax and make sacrifice to bring the Nation’s fiscal house in order, Warren Buffett, chairman of Berkshire Hathaway, said Monday. “While the poor and … Read more.

Buffett Ready To Bid Debt Ceiling Adieu

July 19, 2011 by Insomniac Hedge Fund Guy

Provided by Yahoo! Finance Legendary investor Warren Buffett said the U.S. should do away with the debt ceiling, the issue that has recently roiled global equity markets as speculation has intensified that if Congress does not raise the debt … Read more.

Buffett Says ‘Bet Heavily’ Against Double Recession – Bloomberg

June 23, 2026July 13, 2011 by Insomniac Hedge Fund Guy

Buffett Says ‘Bet Heavily’ Against Double Recession (Bloomberg) — Warren Buffett, chief executive officer of Berkshire Hathaway Inc., talks about the debt ceiling debate and the U.S. economy. Buffett, speaking with Betty Liu on Bloomberg Television’s “In the Loop,” also … Read more.

Warren Buffett’s Portfolio – Shocking Truth About How He Trades Options

May 26, 2011 by Insomniac Hedge Fund Guy

By Kirk Du Plessis I’ve told people for years and years that Warren Buffett’s portfolio and Berkshire Hathaway company publicly discloses that they are naked put option sellers. More specifically they sell index put options, the exact same strategy we … Read more.

Market may have further to go on the downside

May 23, 2011 by Insomniac Hedge Fund Guy

Bearish chart The S & P 500 closed down 1.19% Monday on any number of growing anxieties. We are oversold on a short-term basis but the RSI line is picking up momentum on the way down. Not good. Besides the … Read more.

Wells Fargo- How to Rob the Bank

May 3, 2011 by Insomniac Hedge Fund Guy

I originally alerted readers of the Sax Angle to a profitable trading opportunity on Wells Fargo stock. See Two new insider buys today piqued my interest for the details of that post. Since then we have nearly doubled our money on two options we purchased, the June 30 calls and the May 30 calls. Both options looked cheap and after today’s move in Wells Fargo, they look even cheaper. What we mean by that although the options are nearly twice the price, the chart of Wells Fargo is far more bullish than it was when we first invested. Needless to say, we did not sell and actually are buying more. We first noticed Wells Fargo after the new CFO picked up 10,000 shares following its recent earnings report. When we bought it the stock was oversold and the technical picture hadn’t set up so well. It now looks much stronger.

Warren Buffett’s Wise Words On Business, Money, Philanthropy, Debt & Wealth Disparities

June 24, 2026April 21, 2011 by Insomniac Hedge Fund Guy

http://www.youtube.com/watch?feature=player_embedded&v=wvgH8-it9z4

Recently Discovered Video Interview with Seth Klarman

March 28, 2011 by Insomniac Hedge Fund Guy

For those who don’t know Seth Klarman, here’s some brief info from Jacob Wolinsky at Valuewalk:

Seth Klarman is undoubately one of the greatest investors of our time. Klarman manages Baupost Group, the 11th largest Hedge Fund in the US, with over $20 billion in assets. There is a rumor that Buffett, (a big fan of Klarman) keeps a copy of Klarman’s out of print and super expensive book Margin of Safety, by his bed. Seth Klarman’s Baupost fund has produced returns of approximately 20% annually since inception in 1983. Klarman has produced phenomenal returns despite the fact that he usually holds huge amounts of cash.

According to a lecture given by Bruce Greenwald: Warren Buffett says that when he retires, there are three people he would like to manage his money. First is Seth Klarman of the Baupost Group, who you will hear from later in the course. Next is Greg Alexander. Third is Li Lu.

Below are the videos (6 in total), enjoy:

[youtube=http://www.youtube.com/watch?v=u0aRiDI1wnk&feature=related&w=400&h=300]