Tuesday, October 27, 2009

Warren Buffett interview about credit and furniture sales.

Furniture Today's Ray Allegrezza interviews Warren Buffett about the ongoing credit crunch and the impact it may have on furniture sales.


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Monday, October 26, 2009

Warren Buffett Wall Street Needs Carrots and Sticks

Warren Buffett doesn't look at Wall Street as "evil," but he does believe both "carrot" and "stick" incentives are needed to make sure people "behave well" while they are trying to get rich.
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Sunday, October 25, 2009

Better own Equities than Treasuries Warren Buffett

Warren Buffett, chairman of Berkshire Hathaway: " I have no idea what the stock market's going to do tomorrow, or next week, or next month or next year. But over a 10-year period you will do considerably better owning a group of equities than you will owning Treasuries. In fighting the economic war, we've taken action that sows the seeds of substantial inflation down the road. Not in the next six months or year, but 10 years from now the dollar will buy a lot less than it buys today."
Source : The Washington Post

Friday, October 23, 2009

Warren Buffett Enormous Progress Over Last Year On Economy

"The fallout from that financial panic hit the regular economy in the fourth quarter like a ton of bricks. We are coming back from that. The patient really went into the emergency room and it won’t come out of the hospital entirely for a while."

Said Warren Buffett In a video interview taped a month ago, and released the 20 October 2009, Business Wire CEO Cathy Baron Tamraz asks Buffett what he thinks will happen with the economy in the fourth quarter of 2009 and into 2010.






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Warren Buffett on Whats Next in the Payments Industry

PYMNTS.com: Warren Buffett on What's Next in the Payments Industry


The "Oracle from Omaha" weighs in on what's next in the payment industry and the economy at large. Business Wire CEO Cathy Baron Tamraz sits down with Mr. Buffett in an exclusive PYMNTS.com interview.


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Monday, October 19, 2009

Buffett and Gates Discuss Potential Succession Plan for Berkshire Hathaway

Who will be the next Berkshire Hathaway CEO after Buffett ?



Warren Buffett and members of his inner circle shed some light on what will happen to Berkshire Hathaway when the billionaire investor steps down.
Warren Buffett and board member Bill Gates chatted with Bloomberg about Berkshire and the potential succession plan. The two names that pop up most frequently in the discussion are David Sokol and Byron Trott. Sokol is currently the CEO of one of Berkshire's companies, MidAmerican Energy. Trott, on the other hand, was a longtime banker at Goldman Sachs who has worked with Buffett on numerous deals in the past

Warren Buffett s Buy American - One Year Later

One year ago, even though the financial world was "a mess" and would probably get messier, Warren Buffett wrote in the New York Times that he was buying U.S. stocks to lock in a "slice of America's future at a marked-down price."
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Monday, October 12, 2009

Warren Buffett s GE Warrants Still Under Water One Year Later


Warren Buffett
's warrants to buy almost 135 million General Electric common shares are still worthless, as they have been for almost the entire time since Berkshire Hathaway's $3 billion investment in the company was announced exactly one year ago today. That's in sharp contrast to Buffett's Goldman Sachs warrants, now worth about $3 billion. But the primary motivation for both deals, a 10 percent annual return on a total of $8 billion in loans to the two company, is still paying off handsomely
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Saturday, October 3, 2009

Buffett on top of Forbes List despite he lost 10 Billion

Warren Buffett Loses $10 Billion But Keeps Runner-Up Ranking in Forbes 400



By: Alex Crippen
Executive Producer

Warren Buffett and Forbes
Warren Buffett tops the list of the biggest losers among America's richest billionaires, with an estimated $10 billion drop in his personal wealth over the past twelve months. That's the result of Berkshire Hathaway's 20 percent stock decline.

But Buffett's remaining $40 billion is still enough to maintain his number two ranking on the just-released annual Forbes 400 ranking of the country's wealthiest people.

Microsoft founder Bill Gates, Buffett's friend and bridge partner, also kept his #1 position, with an estimated $50 billion. That's down $7 billion from last year.
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