Warren Buffett and the art of losing money in airlines

Airline stocks have little history of creating wealth globally for shareholders. The airline business requires huge capital (expensive aircraft) and has high fixed costs (the cost of flying remains......

Buffett says hedge funds are a bad deal for investors

Hedge funds are famous for their price tag - known as "two and 20" - a fee of two per cent of the assets they manage each year and 20 per cent of all gains Warren Buffett nibbled on sweets during......

Warren Buffett denies that Berkshire Hathaway 'too big to fail'

The focus on Berkshire's size has grown over the years as it has amassed more than 80 businesses Warren Buffett on Saturday rejected the idea that Berkshire Hathaway Inc , a sprawling conglomerate......

Warren Buffett says US economy on mend

Warren Buffett said on Monday the US economy is gradually improving, helped by the efforts of Federal Reserve Chairman Ben Bernanke to stimulate it, but that low interest rates have made bonds......