The Berkshire Hathaway chairman acknowledged that “often, nothing looks compelling” in the hunt for equity investments.

Warren Buffett's latest letter to Berkshire Hathaway shareholders offered reflections on mistakes at the company, its growing cash pile, and outlined a slightly revamped annual meeting set for May.

Billionaire Warren Buffett is viewed as one of the world’s greatest investors, so his annual letters to Berkshire Hathaway shareholders are always read closely for lessons.

Warren Buffett is celebrating the successes of Berkshire Hathaway’s companies last year and in the 60 years since he took over a struggling New England textile company and began converting it into a m

In his annual letter to shareholders Saturday, Warren Buffett celebrated the successes of Berkshire Hathaway's companies last year and in the 60 years since he took over a struggling New England textile company and began converting it into a massive conglomerate.

Warren Buffett, a celebrated investor and businessperson who leads the multinational company Berkshire Hathaway Inc., openly confessed in his annual report that he makes mistakes at Berkshire and also indicated that committing mistakes or errors should not be taboo.

Veteran investor Warren Buffett, in his annual letter to shareholders, admitted to some mistakes he has made in his time running Berkshire Hathaway.