Buffett's firm buys GM stake, boosts IBM position

By Osman Gulseven: By Siraj Sarwar

By Hawkinvest:We know that Warren Buffett is a value investor, and a contrarian investor as well. He has made billions for himself and shareholders by buying stocks or even entire companies when many investors were selling at low valuations.

By David Kass:In its annual report for 2011, Berkshire Hathaway (BRK.B) reported common stock investments in 11 companies that each had a market value exceeding $1 billion. However, there is only one company to which Warren Buffett has been adding to his position every year since 2005. That company is Wells Fargo (WFC).

Beanz now meanz Buffett: the world’s third richest man and most successful investor has turned his attention to store-cupboard comfort foods and snapped up the Heinz baked beans and ketchup firm in a deal worth $28bn (£18bn), reports The Guardian.

NEW YORK (Reuters) - Billionaire Warren Buffett's Berkshire Hathaway Inc revealed on Monday new investments in Nestle AG and Exxon Mobil Corp , respectively the world's largest food maker and oil company, and that it has nearly doubled its investment in Wal-Mart Stores Inc , the world's largest retailer.

Reuters - Billionaire Warren Buffett's Berkshire Hathaway Inc (BRKa.N)(BRKb.N) revealed on Monday new investments in Nestle AG and Exxon Mobil Corp , respectively the world's largest food maker and oil company, and that it has nearly doubled its investment in Wal-Mart Stores Inc , the world's largest retailer.

[AP] - Warren Buffett's company sold off several of the smaller investments in its $53 billion U.S. stock portfolio during the fourth quarter, including Bank of America, Comcast, Nike, and Lowe's.