Items Tagged with 'Warren Buffett'


Quicken Loans founder Dan Gilbert reportedly bids $5 billion for Yahoo

Deal would dramatically increase scope of Gilbert’s empire
Quicken Loans founder Dan Gilbert certainly is in the middle of a lot right now. The Cleveland Cavaliers, Gilbert's NBA team, is set to take the court in the NBA finals Monday night with their backs against the wall, down three games to one to the Golden State Warriors. But that's hardly all Gilbert has going on these days. Gilbert is also deep in the multi-billion dollar bidding process for Yahoo.
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Is Quicken Loans founder Dan Gilbert partnering with Warren Buffett to buy Yahoo?

Berkshire Hathaway to finance deal?
Recently, Yahoo made it known that it is interested in selling off its "core business" as the company struggles with declining revenue. Quicken Loans founder Gilbert is reportedly among the interested bidders, and he has a huge name ready and willing to serve as potential financial backing – Warren Buffett.
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Monday Morning Cup of Coffee: Don't worry, Warren Buffett says there's no housing bubble

And then he puts his money where his mouth is
Over the weekend, thousands of enthusiastic followers of Warren Buffett descended on Nebraska to hear from the famed "Oracle of Omaha" at Berkshire Hathaway’s yearly meeting. During the meeting, Buffett touched on the economy, investing, politics and life. And housing. Quite a bit about housing, actually. Here's your full recap, plus more on Buffett's burgeoning homebuilding empire. All that and more, in your Monday Morning Cup of Coffee.
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Clayton Homes buys Georgia homebuilder for $50 million

Chafin Communities becomes part of Berkshire Hathaway empire
Clayton Homes, a manufactured home builder that is part of Warren Buffet’s Berkshire Hathaway, is buying Chafin Communities, a Georgia-based residential homebuilder, for $50 million. According to the Atlanta Business Chronicle, which first reported the acquisition earlier Monday, Clayton will receive nearly 1,100 lots as part of the deal.
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How much house does 1 share of Berkshire Hathaway buy?

These cities’ average houses cost less than 1 share of Buffett’s baby
With Berkshire’s stock breaking the $200,000 barrier, it got us thinking. How much would one share of Berkshire Hathaway buy out there in the real world? Using the latest data from the National Association of Realtors, we did a little math. And as it turns out, one share of Berkshire Hathaway buys quite a lot.
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