A Chinese investment fund manager has won a bid on eBay to have lunch with Warren Buffet. He paid $2.1 million for it!It is the most expensive chariy auction ever held on the online auctioning website.Who would you...
highlighted by amyjudd | 3 wks ago | updated 3 wks ago 251 views | 1 comment
Expect a rough couple of years for the greenback with even lower interest rates to offset a Wall Street crash to greet President Obama and the economic mess the current administration leaves behind. Dollar devaluation will eventually bottom out but Buffett wants some...
Some of Latin America's biggest stars are performing in joint concerts in Buenos Aires and Mexico City, raising money for America in Solidarity Action."Dozens of Spanish-speaking pop stars, including Shakira and...
highlighted by jordan | 9 wks ago | updated 9 wks ago 210 views | 0 comments
His Berkshire Hathaway reported a 64 per cent slump in Q1 profits to $181 million or $607 per share compared with $1,682 a year earlier. Remarkably for all his public warnings about the dangers of derivatives, the Sage of Omaha has run into problems with credit default swaps.
A sweet mega-consolidation bid by Buffett and Mars is poised to swallow up William Wrigley Jr. Co. I'm thinking a celebratory saccharine sweet named after Buffett may be in the works.How about: ...
"Warren Buffett took advantage of the credit crunch yesterday as Mars announcedan agreed $23 billion (£11.5 billion) takeover of Wrigley in a deal that theworld’s richest man helped to finance in return for a cut-price stake in thechewing gum group.Mr Buffett’s Berkshire...
Maybe Warren just loves his KD?"I loved it so much...I bought the company!""Warren Buffett's investment group, Berkshire Hathaway, bought more than 132 million shares of food company Kraft, according to a document...
"Omaha — THE janjaweed militia charged into Hayffa Ahmed's village in Darfur on horseback — rifles raised, swords glinting, kicking up clouds of dust. First they killed her grandfather, the village chief.
Janjaweed warriors, said to be allies of the Sudanese government,...
Mexican telecom magnate Carlos Slim has quietly overtaken investor Warren Buffett as the world's second-richest man and is close to wresting the top spot from Bill Gates, Forbes magazine reported Wednesday.
The excerpt below is from Warren Buffett's annual shareholder letter. (See the letter in its entirety at Berkshire Hathaway's website.)"Not all of our businesses are destined to increase profits. When an industry's underlyingeconomics are crumbling, talented management may...
created by jonw | 1 year ago | updated 1 year ago 604 views | 0 comments
"In less than 45 minutes, Buffett, the chair-person and chief executive of Berkshire Hathaway Inc. and an enthusiastic Bridge player, lost all of his money (tournament money) in a Texas Holdem poker tournament competing against 50 other celebrities and professional poker...
highlighted by james | 1 year ago | updated 1 year ago 888 views | 0 comments
"Reuters - Warren Buffett, the world's
second-richest person, is donating about $37 billion -- more
than 80 percent of his fortune -- to foundations run by his
friend Bill Gates and by the Buffett family."
"AP - With Warren Buffett's announcement that he will be sending about $1.5 billion every year to the Bill & Melinda Gates Foundation, the charity has a new, happy challenge: how to distribute twice as much money each year."