"It is difficult to get a man to understand something, when his salary depends on his not understanding it.” -- Upton Sinclair On the commute home from work, a man suddenly has a brilliant flash of insight and comes up ...

In the CNBC video recorded today and shown below, American Express CEO Ken Chenault comments on credit conditions at American Express as well as broader issues associated with consumer spending. As we have noted in the past, economic recovery will ...

In a recent interview, American Express Chairman Ken Chenault offers his views on the overall economy, his company's recent repayment of TARP funds, and proposed consumer protection regulations currently under discussion in Washington. View the video in this post ...

Berkshire Hathaway will release quarterly earnings for Q1 2009 on Friday, May 8 after the close of trading. Earlier this week, I provided some commentary on the earnings preview that Warren Buffett presented at the Berkshire Hathaway annual meeting last ...

Warren Buffett has a long standing reputation for not making stock recommendations, particularly in cases where Berkshire holds positions. I believe that this long standing policy has been in place primarily for two reasons, each of which have been very ...