Warren Buffett, a near-mythic figure in the American investing world, is stepping down as chairman of the company he built, Berkshire Hathaway. Buffett will become chairman emeritus, effective ...
In 1989, Warren Buffett put $358 million into the preferred stock of an airline called USAir. By the end of 1994, Berkshire Hathaway had written that stake down to $89.5 million, or 25 cents on the ...