Veteran investor says Greg Abel will ‘take over’ at Berkshire Hathaway
160 UK funds generate higher returns
Total purchases of $16bn in first nine months of 2020
Believes US is best place to invest
Annual letter to shareholders
'Army of optimistic purchasers'
Donates proceeds to charity
Bought 9.81 million shares in Q1
What made financial headlines over the weekend?
Warren Buffett has revealed in an interview with CNBC that his Berkshire Hathaway group was asked to help save AIG and Lehman Brothers as the financial giants stood on the brink of collapse last autumn.
An elderly war widow has won a stunning victory against Lloyds TSB after she was advised to gamble her life savings on the stock market.
Warren Buffett's Berkshire Hathaway is buying up corporate and non-US government debt as the investment guru cuts equities spending to a five-year low.