UH-OH! Warren Buffett Seems More Bearish Than Usual
The "Oracle of Omaha" Warren Buffett, the CEO and chairman of Berkshire Hathaway, was just on CNBC's "Squawk Box" from Sun Valley, Idaho talking about the U.S. and global economy and the deficit....
View ArticleNO WAY! Warren Buffett Fails A Cherry Coke Blind Taste Test
Warren Buffett, the CEO and Chairman of Berkshire Hathaway, loves Cherry Coke. To test his love for the soda, Bloomberg TV had the Oracle of Omaha participate in a blind taste test during the Allen...
View Article10 Money Lessons Warren Buffett Can Teach Us
Via BusinessFinanceSchools.net, this handy infographic shows 10 lessons we can learn about money from Warren Buffett. Source: Best Finance Schools Please follow Your Money on Twitter and Facebook.Join...
View ArticleWarren Buffett Lost $1.1 Billion On His Financial Weapons Of Mass Destruction...
Berkshire Hathaway's Q2 earnings are out, and it looks like they beat Wall Street's consensus estimates. One nugget we're always interested in is the value of his long-term derivative bets on the...
View ArticleWarren Buffett Dumps Intel, But Reveals Two New Energy Positions (BRK, A,...
Berkshire Hathaway's latest 13-F filing is out. It includes any investment moves during the second quarter. New positions include National Oilwell Varco (2,841,200 shares) and Phillips 66 (27,163,918...
View ArticleWarren Buffett Cancels A Municipal Debt Bet 5 Years Early
(Reuters) - Berkshire Hathaway Inc. terminated a large wager on the municipal-bond market five years early, the Wall Street Journal quoted a person familiar with the transaction as saying. In a...
View ArticleBuffett Foundation Worker Who Made $190K A Year Admits To Stealing From Charity
A senior employee for Warren Buffett's foundation pleaded guilty Tuesday to stealing $46,000 by doctoring receipts for work trips, the Omaha World-Herald reports. Dhaval Patel, 38, made $190,000 a...
View ArticleBullet-Proof Your Portfolio The Warren Buffett Way
It's never a bad idea to bullet-proof your stock portfolio with companies that have a clear-cut competitive advantage.And now may be the right time to bolster your defenses with exchange-traded funds...
View ArticleWhy Warren Buffett Stayed Far Away From The Facebook IPO
At the Berkshire Hathaway (BRK) annual meeting on May 5, 2012, Warren Buffett stated (in response to a shareholder question): “We should stay away from things we do not understand”. He (Buffett)...
View ArticleWarren Buffett Explains Why He And Berkshire Won't Leave Omaha Anytime Soon
OMAHA, Neb. (AP) — Omaha won't throw a bash for Warren Buffett's 82nd birthday on Thursday, and that's just fine with the billionaire investor. The decidedly low-key lifestyle in Omaha, where Buffett...
View ArticleHappy Birthday Warren Buffett! Here Are 18 Brilliant Quotes From The Greatest...
The Oracle of Omaha, Warren Buffett turns 82 years young today. He may be one of the wealthiest people in the world. But he's also known as the billionaire next door. He comes off as humble and...
View ArticleWarren Buffett Can't Believe More People Haven't Copied His Investing Strategy
And now for another nugget from Warren Buffett's talk with MBA student at Richard Ivey School of Business (based on notes from market folly). Why haven't more people copied his investment strategy?...
View ArticleWarren Buffett Completes Cancer Treatments: 'It's A Great Day For Me' (BRK,...
Back in April, Warren Buffett disclosed that he was diagnosed with stage 1 prostate cancer. The good news was that this type of cancer had a pretty high survival rate. “In all seriousness, it is a...
View Article11 More Super Rich Americans Have Agreed To Give Most Of Their Wealth Away...
Eleven more super rich American families have joined Warren Buffett and Bill Gates in pledging to give a majority of their wealth away to charity. Private equity exec Jonathan M. Nelson, the the...
View ArticleThe 10 Americans Who Lost The Most Money This Year
Forbes released its annual list of the 400 richest Americans today, and while there are familiar faces at the top, some billionaires had better years than others. We combed the list to see which...
View ArticleWarren Buffett's Unique Way Of Thinking About His Cash
I really like the way this article describes how Warren Buffett thinks about cash. I think of it similarly (see below), but I never thought of it as a call option. It says: “Ms. Schroeder argues...
View ArticleHere's How Warren Buffett Decides To Invest In Something
Warren Buffett is a self-made billionaire. His successful investment business makes him one of the most respected men in the world. Buffett attributes all of that to always being prepared. When he...
View Article21 Invaluable Quotes On Investing
Why do the greatest investors have all the best lines? Is it just a coincidence? We don't think so. Great investing and great communication are very similar in that both require focus, and the ability...
View ArticleJames Maguire, 'The Chief' Of Wall Street, Is Retiring Today
James "Jimmy" Maguire Sr., affectionately known as "The Chief" on the floor of the New York Stock Exchange, is retiring today after spending over 60 years on Wall Street. Maguire, 81, will ring the...
View ArticleThe Biggest Myth About Successful Investors
If you’re an active money manager you have to ask yourself: “what is my competitive advantage”? What makes you so different from everyone else that you will succeed or add value where no one else...
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