The story goes like this: Back in the 1960s, a younger version of Buffett had set his sights on buying undervalued companies, and Berkshire — a textile company that was in a dying business but still ...

Investment wizard Warren Buffett, estimated by Forbes magazine to be worth $42.9 billion, leads a quiet life devoted largely to running Berkshire Hathaway Inc. while making investments based on ...

Drought is a prolonged, abnormally dry period when the amount of available water is insufficient to meet our normal use. Drought is not simply low rainfall; if it was, much of inland Australia would ...