Looks like the great American investor will have something to say about the future of the Great American Lager, with Warren Buffett reportedly involved in the hostile takeover battle between Anheuser-Busch and European brewing giant InBev.

Eleven of Wall Street's most insightful investment experts weigh in on the uncertain prospects for the economy, stocks, bonds, commodities and more in our midyear Roundtable. Some good and bad news about oil and banks. And an early read on 2009 -- and yes, 2010.

Billionaire hedge-fund manager Edward S. Lampert is placing new bets on a U.S. housing recovery, buying stakes in beaten-up home builders, mortgage lenders and a home-improvement retailer.

Q: O.K., let’s start with basics: what is a gut feeling?

A: It’s a judgment that is fast. It comes quickly into a person’s consciousness. The person doesn’t know why they have this feeling. Yet, this is strong enough to make an individual act on it. What a gut instinct is not is a calculation. You do not fully know where it comes from.

Last Month at the 3rd Annual Value Investing Congress West in Pasadena, Atticus Lowe and Lance Helfert from West Coast Asset Management presented a compelling case for relatively underfollowed natural gas company Canadian Superior Energy. They suggested that the company’s recent discovery of an offshore gas field near Trinidad was the potential catalyst to drive SNG shares much higher.

On October 15, 2007, I took a look at Nutrisystem (NTRI) about two weeks after a 25% drop. Running a fairly conservative analysis (in my opinion), I pegged the company as a $38 or so company. Add in a little uncertainty and a 50% margin of safety, and I said I'd consider investing under $19.50 a share.

Then, it fell off my radar.

When it comes to business and investing, it doesn't pay to be an optimist or a pessimist; the big money is made by realists. If you can take all of the emotion — yours and that of others — out of your investing, you can begin to more clearly predict the future with a degree of confidence and competence. Forget tomorrow. There is no tomorrow.

Normally, anything filed late on a Friday means that a company is trying to bury something pretty juicy. That’s doubly true when that late Friday filing happens before a holiday weekend when the markets are closed. So you can imagine my surprise to see this 8K filed by Chipotle (CMG) at 5:27 pm on Friday afternoon.

Warren Buffett held a news conference in Milan, Italy Thursday on the fourth and final stop of his 4-day European tour.

Warren Buffett told reporters in Italy today that the high price of oil doesn't really affect his investment decisions.

In response to a question from CNBC Europe's Anna Martin, Buffett said that while oil does affect his operating businesses, it has a similar effect on his competitors.

Warren Buffett held a news conference in Madrid, Spain Wednesday on the third stop of his 4-day European tour.

If you’ve ever perused the Cheap Stocks website (http://stocksbelowncav.blogspot.com), it’s obvious that we are enamored with one of Ben Graham’s most fascinating (to us, anyway) investment techniques, that being the pursuit of companies trading below their net current asset value. Indeed, we’ve taken some liberties with Ben’s formula, a necessary evil in this day and age.

Warren Buffett held a news conference in Switzerland today on the second stop of his 4-day European tour.

Press-On demand webcast on the right collumn.

Short seller Doug Kass tells CNBC's Larry Kudlow he thinks Warren Buffett has lost his way, and Kass is betting on Berkshire Hathaway's stock to fall.