The firm led by famous American investor Warren Buffett has bought into Home Capital -- a Toronto-based lender that offers so-called alternative mortgages.

The failure of Warren Buffett's favoured candidate to capture the White House has not dimmed the billionaire's appetite for stocks.

Warren Buffett's Berkshire Hathaway Inc could get a $29 billion boost to its book value if Donald Trump is able to slash the U.S. corporate tax rate to 15 percent from 35 percent, Barclays Capital wrote.