The Top 10 Investors

Berkshire owns $3.3B stake in firm said to fund militia

(NEWSER) - A Berkshire Hathaway investment in a Sudanese oil company is posing thorny problems for the Gates Foundation, the Los Angeles Times reports. Warren Buffet's investment outfit is the largest independent shareholder in PetroChina, whose parent company the U.N. and U.S. say funds Sudan's janjaweed militia—a stark contrast to the foundation's mission. More»

Most just ignored the question from Salon

(NEWSER) - Salon sent queries to every single billionaire on the Forbes 400 asking whether they would be willing to pay more taxes. The results: Eight said yes (including Buffett), one said no (Charles Koch), and a few offered qualified answers somewhere in between. The other 390 or so—including Oprah, Mayor Bloomberg, and Steven Spielberg—didn't answer. Samples from those who did respond: More»

Oracle of Omaha will stick to his usual investments, thank you

(NEWSER) - Warren Buffett says he's just itching to make another big deal for his beloved Berkshire Hathaway, but you won't catch him frothing over the slew of initial public offerings expected in the tech world, reports Bloomberg . “Most of them will be overpriced,” said Buffett. "It’s extremely difficult to value social-networking-site companies. Some will be huge winners, which will make up for the rest." More»

Country's 'economic future' unchanged, says investing guru

(NEWSER) - There’s no need to panic about Japanese markets post-earthquake, says Warren Buffett: Such cataclysmic events often create a “buying opportunity,” he tells Reuters from South Korea. “It will take some time to rebuild,” but the market plunge “will not change the economic future of Japan.” Put it this way: “If I owned Japanese stocks, I would certainly not be selling them.” More»

Coke and American Express have made him a bundle

(USER SUBMITTED) - Warren Buffett is one of the United States' greatest rags-to-riches stories. Once a whiz kid from Omaha, Buffett is now one of the world's wealthiest men. Here are some of the investments that got him there, from 24/7 WallSt .

1. Coca-Cola: Buffett bought his first shares of Coke in 1988. By 1995, he owned 100,000 shares worth roughly $1.2 billion. As of September 2010, Buffett's unrealized gains were $10.4 billion.