Warren Buffett Calls President Obama Right Commander for Economic Pearl Harbor

President Obama has the friendship and counsel of value investor Warren Buffett who endorsed Obama early in the presidential campaign and is expected to remain active in giving the President’s economic team advice.

Buffett, who through his company Berkshire Hathaway has investment in insurance companies, furniture companies, and large stakes in Coca-Cola and Wells Fargo Bank, [...]

Warren Buffett helps Interest Rates

Bond yields moved sharply higher today after news that Warren Buffett’s firm Berkshire Hathaway has offered to assume liability for the municipal bonds of troubled bond insurers. US Treasuries have been a safe haven for investors since last summer when the credit and mortgage markets began to experience serious setbacks. So any news, like today’s [...]