Fact checked by Stella Osoba In 2007, Warren Buffett made a bold statement about the investment management industry that would lead to one of the most instructive wagers in financial history. His million-dollar bet not only demonstrated the power of simple investment strategies but also exposed fundamental truths about investment costs and market

Warren Buffett is a money man -- in multiple ways. While his Berkshire Hathaway operates in a wide range of sectors, it's categorized in the financial services sector because of its huge insurance businesses.

Warren Buffett shifted the majority of Berkshire's investment capital to cash and Treasuries in 2024. There's a clear reason why Buffett sold more stocks than he bought in 2024, but it might not be what you think.

Warren Buffett's journey from a young entrepreneur selling gum and Coca-Cola bottles to becoming one of the world's wealthiest investors offers invaluable lessons for anyone interested in building long-term wealth.

Since launching a new stake in the U.S. oil producer Occidental Petroleum ( OXY -2.09%), Berkshire has bought the stock like there is no tomorrow. Occidental is the sixth-largest position in Berkshire's portfolio, and Berkshire now owns over 28% of outstanding shares.

If you're dreaming of homeownership but struggling to save that down payment, Warren Buffet has some advice for you. Yes, the Oracle of Omaha might be one of the wealthiest people in America, but

Warren Buffett is one of the better-known and successful investors. Despite being a long-held position of Berkshire and a globally known iconic brand, the company's growth track and financials indicate it is not likely to serve new investors as well as it did Buffett and his team.