Senior

It looks like Warren Buffett has narrowed his choice for successor down to 2 people

2 days ago   |   By

Getty Images / Jamie McCarthy
Warren Buffett appointed two senior executives - Greg Abel and Ajit Jain - to Berkshire Hathaway's board of directors on Wednesday.
The decision is seen as narrowing down Buffett's succession decision to the two individuals, who will now assume broader responsibilities.
Warren Buffett 's succession plan is coming into focus.
The billionaire founder and CEO of Berkshire Hathaway named two senior executives - Greg Abel and Ajit Jain - to the company's board on Wednesday, while also appointing each of them to run large portions of the firm. The move is seen as...
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Warren Buffett says bitcoin 'definitely will come to a bad ending'

Warren Buffett says bitcoin 'definitely will come to a bad ending'

2 days ago   |   By

Dimitrios Kambouris/Getty Images
Of cryptocurrencies , Warren Buffett, Berkshire Hathaway's CEO, said: "What's going on definitely will come to a bad ending."
Buffett told CNBC the firm would never have a position in cryptocurrencies.
Berkshire Hathaway CEO Warren Buffett said Wednesday that the firm had no interest in jumping on the cryptocurrency bandwagon.
"We don't own any; we're not short any," Buffett said in an interview on CNBC. "We'll never have a position in them."
Of options trades that would profit from price declines, he added: "If I could buy a five-year put on every one of...
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