Chinese Investor Pays $2.1M to Eat With Warren Buffett

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...

The real reason why Warren Buffett is shopping in Europe « Peter J. Cooper...

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...

Para Los Niños: Latin Stars Hold Charity Concerts

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...

Even Warren Buffett gets it wrong in Q1 « Peter J. Cooper’s Weblog

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.

Buffett and Mars Chomp on Wrigley Co.

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's stake helps Mars take over Wrigley

"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...

Buffett Buys Big Stake In Kraft

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...

Berkshire wealth clashes with Gates mission in Sudan

"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,...

World's 2nd richest man, threat to Bill Gates

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.

Warren Buffet's comments on the Newspaper industry - "the underlying economic...

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...

Warren Buffett Goes Broke in Charity Poker Tournament

"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...

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Buffett gives $37 billion to Gates and family foundations

"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."

Buffett giving billions to Gates charity

"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."

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