City Omaha Financial News

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For years, Dave Kroupa was victim to a relentless and terrifying stalker — always believing it was a woman he had dated for two weeks and attempted to let down gently when she suggested they move in together.

A Nebraska lawmaker is pushing a bill to forbid out-of-state hedge funds and other corporate entities from buying up single-family properties

winter storm knocked out power and affected businesses in 12 states ahead of a likely brutal freeze over the weekend. A total of 2,058 flights were canceled and 5,846 flights were delayed as of 5.30 p.m.

As the New Year has kicked off on a positive note with market indices touching all time highs, most investors are curious to explore investing opportunities from their closed ones and acquaintances, while some try to make sense of the volatility of what Benjamin Graham referred to as ‘Mr market’.

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The late investment icon Charlie Munger said Berkshire Hathaway, the conglomerate he and Warren Buffett built over the last five decades, could have doubled its value if they applied leverage, or borrowed money, when buying businesses and common stocks.

Charlie Munger didn't manage to help pull off one final deal with his lifelong partner Warren Buffett, but he remained hopeful that Berkshire Hathaway, with nearly $160 billion cash, will find its elephant one day.

Nasdaq into negative territory. Still, the S&P 500 and the Nasdaq notched their largest monthly percentage gain since July 2022. November was the Dow's best month for percentage gains since October 2022. «We're putting the cherry on top of a banner month,» said Ryan Detrick, chief market strategist at Carson Group in Omaha.

Is now the time for advisors to get big, or perhaps bigger, in Japan?

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Charlie Munger may come across as a sidekick to the legendary Warren Buffett who built Berkshire Hathaway's enormous empire worth $785 billion simply by buying and holding stocks for the long term. But in reality, Munger was picked by the 'God of Stocks' as his second-in-command for being smarter and wiser than him. The 64-year-old partnership between the dynamic duo shows many unusual traits — the two titans never had an argument and would sometimes make decisions without consulting each other. The mutual trust and respect never faded between the 'Jai and Veeru' of Wall Street. While Munger, who passed away today at the age of 99, lived in Los Angeles, his best friend and partner-in-crime Buffett lived 1,600 miles away in Omaha. «The two men speak a few times every month on the phone, and they likely meet less than 3 to 4 times a year,» NRI investor Mohnish Pabrai wrote in his book 'The Dhandho Investor'.

Warren Buffett gifted 2,400,000 shares of Class B Berkshire Hathaway stock to charitable foundations run by his children on Tuesday

Warren Buffet said in a statement Tuesday, announcing that he had gifted 2.4 million Class B shares of Berkshire Hathaway stock to charitable foundations run by his children. The gifts to The Susan Thompson Buffett Foundation, The Sherwood Foundation, The Howard G. Buffett Foundation and NoVo Foundation total approximately USD 876 million( around ₹7,250 crore) and are in addition to the regular donations he makes each summer to those foundations and the Bill and Melinda Gates Foundation.

Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter that the conglomerate is «built to last.»

Berkshire Hathaway CEO Warren Buffett, the legendary investor known as the Oracle of Omaha, sang the praises of Wells Fargo in an interview with Fortune. The bank, Buffett said, “has come closer” to an effective business model “than any other big bank by some margin.” He detailed the ways in which Wells Fargo was more valuable than it seemed and compared its chair to Walmart founder Sam Walton. The interview was published on April 20, 2009.

Tom Segura has unveiled the initial stage of his upcoming worldwide stand-up comedy tour, titled «Tom Segura: Come Together.» As disclosed by the comedian, the tour is set to commence on December 30, 2023, in Honolulu, Hawaii, and will culminate on June 15, 2024, in Bangor. Segura during an interview said that this tour is bigger and blacker than any other tours he did. Adding more, the comedian said that the name has been taken, but 'Come Together' effectively conveys the message. The comedian also said that let's unite for an unforgettable night. Segura further said that in one way or another, we're bound to create lasting memories with this event. Currently, the comedian and podcaster is completing the last leg of his recent global tour, "I'm Coming Everywhere."

When it comes to making money in the stock market, one name stands out like a shining beacon of success – Warren Buffett. You may have heard of him, the “Oracle of Omaha,” but do you know what makes his investment strategy so special? Let’s dive into the world of Warren Buffett’s investment philosophy, and by the end of this article, you’ll have a clearer picture of the man behind the magic.

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