Warren Buffett's Web Cartoon The Secret Millionaire's Club

"If we can get through to some young people, say it's better to be ahead of the game than behind, watch out for credit cards, most important message is the best investment you can make is in yourself. Teach them if something is too good to be true it probably is. So if they learn those things the easy way through these stories early on it may save them learning the hard way later on."
"I would much rather own equities at 9000 on the DOW than have a long investment in govt bonds or a continuously rolling investment in short term money now again I don't know where it's going to go next week or next month."

Warren Buffett a Second Stimulus is Needed

Buffett: Second Stimulus is Needed

During an interview with Good Morning America, Berkshire Hathaway CEO Warren Buffet discusses the economy and the need for a second stimulus package . Both Krugman and Buffett say we need another "strong" stimulus without the watered-down effect from the Party-of-NO

Goldman Sachs and Warren Buffett

Goldman Sachs is now the US's fourth largest commercial bank holding company and Warren Buffett is it biggest single shareholder. He is also the biggest shareholder in American Express and in Well Fargo,Warren Buffett, who invests through his Berkshire Hathaway conglomerate, has posted an average annual return of 23 percent over a 30-year period ending in the 1990s, but has returned just 3 percent annual returns over the last decade.By comparison, the S&P 500 index has averaged a 2 percent annual decline over the last 10 years.

Warren Buffett We Need More Taxes

“Good Morning America” consulted one of the news media’s favorite investors on July 10 asking Warren Buffet to advise their audience.

ABC correspondent Bianna Golodryga interviewed the liberal billionaire Warren Buffett about investing and the economy. During the questioning, Buffett backed President Obama’s call for increased taxes on the wealthy.

Buffett told Golodryga: “We need more taxes, too. If people are deterred from making a contribution because they only get a 28 percent deduction rather than a 35, when they’ve their capital gains only taxed at 15 percent against a much higher rate in the past, I would say that you’re gonna to hear from people who say they’re going to withdraw giving billions, who in the past have probably given $12.86 or something of that sort.”

Golodryga clarified, “So to you, this is just, it’s semantics?” Buffett replied that arguments against the tax increase were “a red herring.” But charities that would receive less might not exactly agree with Golodryga or Buffett.

Using the media darling Buffett to cheerlead for Obama and higher taxes is nothing new for Golodryga or the networks.

During a 2008 “Nightline” segment about the “the super rich,” Golodryga declared that Buffet was “concerned about the burgeoning wealth gap.” And in 2007, Golodryga touted Buffett as a “Robin Hood” for looking into the percentage of taxes he pays compared to his staff.

Full story here.

Via Prisonplanet

why not Buy Buffett at a Discount !

40% of Boulder Total Return Fund is Berkshire Class "A" and Class "B" Shares; BTF Managers Eat Their Own Cooking, Own 25% of Outstanding Shares (Bloomberg News)
Category: News & Politics
Tags:
NYSE:BTF NYSE:BRK.A NYSE:BRK.B NYSE:JNJ NYSE:WMT NYSE:BNI NYSE:ETN Law Legal Issues Personal Finance Business Economy Editors Pick

Warren Buffett has donated $1.25 billion in Berkshire Hathaway Inc. stock to the Bill & Melinda Gates Foundation

Multibillionaire Warren Buffett the oracle of Omaha has again donated $1.25 billion in Berkshire Hathaway Inc. stock shares to the Bill & Melinda Gates Foundation.

The gift is the third installment in Warren Buffett's plan to transfer the majority of his wealth to the Seattle-based foundation run by the Microsoft Corp. chairman bill Gates and his wife Melinda .

Buffett son becomes a farmer in Africa

Howard Buffett The middle son of Warren Buffett who is an soybean and corn farmer in Illinois. He has For the past four years dedicated himself and his money to fight against hunger in Africa. He has donated a small portion of his father’s fortune for philanthropy, he now spends much of the year traveling across Africa, experimenting with ideas for helping poor farmers produce more crops in order to be able to feed their families and hoping that some day there will be no hunger or food shortage left in Africa . His foundation is spending about $38 million this year on projects throughout the continent of Africa
Read more

Warren Buffett Biography

Warren Buffett was born in Omaha, Nebraska, to Howard Buffett a stockbroker turned Congressman and Leila Buffett. He worked at his grandfather's grocery store At only six years old, Buffett purchased 6-packs of Coca Cola from his grandfather's grocery store for twenty five cents and resold each of the bottles for a nickel, pocketing a five cent profit. In 1943, Buffett filed his first income tax return, deducting his bicycle and watch as a work expense for $35 for his work as newspaper delivery boy.that same year made his first stock purchase, buying Cities Services shares
for $38 each. He sold them when the price reached $40, only to see them rocket to $200 a few years later. This taught him the importance of investing in good companies for the long term. After his father was elected to Congress, Buffett was educated at Woodrow Wilson High School, Washington, D.C., where he graduated in 1947.[13] In 1945, in his freshman year of high school, Buffett and a friend spent $25 to purchase a used pinball machine, which they placed in a barber shop. Within months, they owned three machines in different locations.

.