When Dan Weissman worked at Goldman Sachs Group Inc. and, later, at a hedge fund, he didn’t have to worry about methamphetamine addicts chasing his employees with metal pipes. Or SWAT teams barging into his workplace looking for arsonists.
Billionaire Warren Buffett said buying a home was the third-best investment he ever made, after the rings he bought for his first wife, Susan Thompson , and, after her death, his second wife, Astrid Menks .
Clayton Homes Inc., the maker of manufactured houses owned by Warren Buffett’s Berkshire Hathaway Inc., had the outlook on its long-term debt raised by Standard & Poor’s amid an improving U.S. residential real estate market.
Berkshire Hathaway Inc.’s $1 billion note sale shows that while Chief Executive Officer Warren Buffett may pity investors who’ve stuck with bonds as yields fall to record lows, he’ll sell them as much debt as they want.