Warren Buffett dumped on hedge funds for a promise that lasts long enough to...
Billionaire investor Warren Buffett, the chief executive of Berkshire Hathaway, dumped on hedge funds during Fortune's Most Powerful Women Summit.He said that as hedge fund assets grow in size, the...
View ArticleWARREN BUFFETT: Retirement is not my idea of living
At 85, billionaire investor Warren Buffett, the chief executive of Berkshire Hathaway, still has no plans to retire. Speaking with Carol Loomis at Fortune's Most Powerful Women Summit on Tuesday,...
View ArticleThese 15 startups are out to disrupt one of the oldest industries in the...
A cluster of startups are looking to disrupt one of the oldest industries in the world: insurance.Insurance has been around for thousands of years.The earliest instance of insurance law is believed to...
View ArticleThe new Microsoft Surface Pro 4 tablet is so hot, Berkshire Hathaway already...
Usually, businesses are the last to adopt any kind of new gadget, given that they actually rely on laptops, tablets and smartphones to make money and can't risk any first-day adoption glitches. Not so...
View ArticleJAMES ALTUCHER: 'Warren Buffett is a f-----g liar'
Author and podcaster James Altucher has some provocative opinions about billionaire investor Warren Buffett. Altucher, who wrote a book about Buffett's trading methods, says that average investors...
View ArticleHow the salad oil swindle of 1963 nearly crippled the New York Stock Exchange
Fifty years ago, John F. Kennedy was assassinated on Friday, November 22, 1963 in Dallas, Texas. The assassination not only shocked the nation, but shook the stock market as well. However, very few...
View ArticleBill Ackman wants us to remember how a young Warren Buffett took advantage of...
Bill Ackman wants people to remember salad oil. In a conference call on Friday defending his stake in Canadian pharmaceutical company Valeant, Ackman recalled an opportunity found by a then-35-year-old...
View ArticleWarren Buffett's 'single best measure' of stock market value has gotten...
Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001 he remarked in a Fortune Magazine interview that "it is probably the...
View Article18 books billionaire Warren Buffett thinks everyone should read
When Warren Buffett started his investing career, he would read 600, 750, or 1,000 pages a day.Even now, he still spends about 80% of his day reading."Look, my job is essentially just corralling more...
View ArticleThere's one simple reason Warren Buffett invests in Wells Fargo
It's no coincidence that Warren Buffett looks for investments with durable competitive advantages, and that his own company, Berkshire Hathaway, owns 10% of Wells Fargo, the nation's fourth biggest...
View ArticleWarren Buffett's railroad fought to delay train safety technology in the US
WASHINGTON - When an Amtrak passenger train derailed in Philadelphia in May, killing eight people and injuring scores more, the railroad industry's campaign to delay a Dec. 31 deadline to install...
View ArticleHoward Marks, Warren Buffett, and Horrible Bosses 2 can teach you a lot about...
I’m a huge fan of the WTF podcast from Marc Maron. Maron has an uncanny ability to get celebrities to open up on both personal and professional matters.In a recent episode he was talking to actor Jason...
View ArticleThe 44 most powerful people in the world, according to Forbes
For the third year in a row, the world's most powerful person retains the top spot in Forbes' annual ranking of 74 candidates including, heads of state, financiers, philanthropists and entrepreneurs.In...
View ArticleACKMAN: 'Be fearful when others are fearful'
Hedge fund titan Bill Ackman just turned a Warren Buffett investing maxim on its head."Be fearful when others are fearful,"Ackman said on Wednesday at the Berkshire Hathaway 50th Anniversary Symposium...
View ArticleHere's Whitney Tilson's presentation explaining why Berkshire Hathaway's...
Hedge fund manager Whitney Tilson, the founder of Kase Capital, is a big Berkshire Hathaway bull.In a new presentation, Tilson asserts that Berkshire Hathaway's A shares could have a 45% upside in the...
View ArticleWarren Buffett thinks working just to beef up your résumé is like 'saving up...
Warren Buffett loves his job. And so when it comes to career advice, Buffett somewhat predictably thinks that you too should love your job too. In a lecture at The University of Florida's business...
View ArticleHere's what Warren Buffett said when Tony Robbins asked him how he got so rich
Everyone has to start somewhere, even the wealthiest, most successful people.Billionaire Warren Buffett hasn't always been as incredibly rich as he is today — in fact, 99% of his wealth was earned...
View ArticleWarren Buffett dumped shares of Goldman Sachs and Walmart in the third...
Warren Buffett's Berkshire Hathaway sold shares of Goldman Sachs and Walmart in the third quarter according to Berkshire's latest 13F filing with the SEC. As of September 30, Berkshire owned just under...
View ArticleWarren Buffett doesn't think the Paris attack is a reason to sell stocks
Billionaire investor Warren Buffett is not selling any securities from his portfolio as a result of Friday's attacks in Paris, CNBC said on Monday."I'm not selling any securities because of the attacks...
View ArticleCLIFF ASNESS: Investing success isn't about genius ― it is about staying power
Investment success is about sticking to the plan. That's according to Cliff Asness, co-founder of money manager AQR Capital Management. During a Bloomberg TV Monday, Asness said that investment success...
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