This is a matter of simple probabilities, and not a criticism of Berkshire Hathaway BRK.B BRK.A Chairman and Chief Executive Warren Buffett or his designated successors. Given the huge amount of ...

Warren Buffett is one of the most successful investors the world has known. He is also, perhaps, one of the strongest advocates of long-term investing. Buffett invests in strong companies through ...

When it comes to choosing a reliable used car, don't use conjecture and reputation—depend on data. The auto industry analysts at J.D. Power have exactly that, compiling their findings in their ...

The average new car price in the U.S. was $48,641 in January, up 1.3% from the year before, according to Kelley Blue Book. Consumer Reports’ most recent top cars, trucks and SUVs list ...

Warren Buffett, in his annual letter, admitted making mistakes at Berkshire Hathaway, particularly in capital allocation and hiring decisions. He stressed the importance of promptly correcting ...

Marc is a freelance contributor to Newsweek’s investing team. He is a Certified Personal Finance Counselor and a frequent runner who aims to complete more than 100 marathons in his lifetime.

This year’s edition touches upon a litany of topics ranging from corporate taboos to policy suggestions to Buffett’s eventual successor. Here’s a look at some of the key takeaways ...

Still living in the house he bought in the 1950s and driving an equally modest car, the "Oracle of Omaha" prefers to keep and grow his money rather than take it out of the bank. Buffett often eats ...

At its core, Warren Buffett’s investing strategy is not all that complicated: Buffett’s approach to investing is also embedded in the way Morningstar does business: His thinking is captured in ...

Buffett has run Berkshire since 1965. The Omaha, Nebraska-based company owns Geico car insurance, the BNSF railroad, and an array of energy, industrial, retail and service businesses.

Every year, executives of publicly traded companies draft letters to their shareholders. These letters summarize the company's operations, detailing its annual financial results, major wins and ...

When legendary racing car Lightning McQueen finds himself sidelined by a new generation of super-fast, hi-tech racers, he must find the strength to regroup, stage a comeback and win.