Wednesday, March 24, 2010

Warren Buffett Firm Sells 815, 905 More Moodys Shares

Buffett's Firm Sells 815, 905 More Moody's Shares


OMAHA, Neb. (AP) -- Billionaire Warren Buffett's company has sold another 815,905 shares of credit ratings firm Moody's Corp., but Berkshire Hathaway Inc. still holds nearly 31 million shares.

Berkshire reported the latest stock sales to the Securities and
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Tuesday, March 23, 2010

It is Safer to Lend to Warren Buffett Than Uncle Sam

It's safer to lend money to Warren Buffett than the U.S. government. That's the conclusion of an analysis of recent two-year notes sold by Buffett's Berkshire Hathaway, as detailed by Bloomberg News.

Warren Buffett May Buy More Alcohol Distributors After EmpireWarren Buffett May Buy More Alcohol Distributors After Empire

March 23 (Bloomberg) -- Bloomberg's Deirdre Bolton reports on major newsmakers in today's Movers & Shakers. (Source: Bloomberg)


Monday, March 22, 2010

Obama Paying More Than Buffett for Borrowings

Warren Buffett

Obama Pays More Than Buffett as U.S. Risks AAA Rating


March 22 (Bloomberg) -- The bond market is saying that it’s safer to lend to Warren Buffett than Barack Obama.

Two-year notes sold by the billionaire’s Berkshire Hathaway Inc. in February yield 3.5 basis points less than Treasuries of similar maturity, according to data compiled by Bloomberg. Procter & Gamble Co., Johnson & Johnson and Lowe’s Cos. debt also traded at lower yields in recent weeks, a situation former Lehman Brothers Holdings Inc. chief fixed-income strategist Jack Malvey calls an “exceedingly rare” event in the history of the bond market.
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Thursday, March 18, 2010

Warren Buffett Plays a Guns N Roses Rock Star

Warren Buffett
Who would have thought that under the hard business exterior of mega-investor Warren Buffett lies the soul of a wannabe rocker? A surreal video making its way around the Net shows Buffett doing his best imitation of Guns N' Roses rocker Axl Rose, complete with waist-length hair, a purple bandanna, a black leather jacket and Axl's signature red plaid kilt from the '80s — all as part of an eye-catching video for Geico, the auto-insurance company owned by Berkshire Hathaway. And Buffett sings too. O.K., he attempts to sing.
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Wednesday, March 17, 2010

How the Oracle of Omaha went from being a stockbroker to one of the world's richest people.

Warren Buffett's Inner Drive


by Claire Obusan
Warren Buffett is the third-richest man in the world with a net worth of $47 billion.

Origins
Warren Edward Buffett was born in Omaha, Neb., on Aug. 30, 1930, the second of three children of Leila Stahl Buffett and Nebraskan politician and businessman Howard Buffett.
Even as a child, Buffett was already devising ways to make money. He delivered newspapers as a boy, worked at his grandfather's store and sold gum, Coca-Cola and weeklies door-to-door. At age 10 his father took him to New York as a birthday gift; the young investor asked to visit the New York Stock Exchange. He filed his first tax return at age 13, claiming a $35 deduction for his bicycle.
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Tuesday, March 16, 2010

World New Richest Man : Carlos Slim

Forbes magazine announces first man from developing nation to become world's richest


Friday, March 12, 2010

Warren Buffett : 29th year without Salary Raise

Warren Buffett

Buffett Declines Raise; GMAC's Carpenter to Get $9 Mln

Warren Buffett not only worked for 29 year in a raw with the same Salary of 100K a year , he also reimbursed Berkshire Hathaway for postage and phone calls he made
March 12 (Bloomberg) -- Bloomberg's Vonnie Quinn reports on major newsmakers in today's Movers & Shakers. (Source: Bloomberg)

Thursday, March 11, 2010

Forbes New List of World Richest People - who is Richer Than Warren Buffett ?

Forbes New List of World Richest People - who is Richer Than Warren Buffett ?




The first richest 24 men in the world according to Forbes :

RankNameCitizenshipAgeNet Worth ($bil)Residence
1 Carlos Slim Helu & family Mexico 70 53.5 Mexico
2 William Gates III United States 54 53.0 United States
3 Warren Buffett United States 79 47.0 United States
4 Mukesh Ambani India 52 29.0 India
5 Lakshmi Mittal India 59 28.7 United Kingdom
6 Lawrence Ellison United States 65 28.0 United States
7 Bernard Arnault France 61 27.5 France
8 Eike Batista Brazil 53 27.0 Brazil
9 Amancio Ortega Spain 74 25.0 Spain
10 Karl Albrecht Germany 90 23.5 Germany
11 Ingvar Kamprad & family Sweden 83 23.0 Switzerland
12 Christy Walton & family United States 55 22.5 United States
13 Stefan Persson Sweden 62 22.4 Sweden
14 Li Ka-shing Hong Kong 81 21.0 Hong Kong
15 Jim Walton United States 62 20.7 United States
16 Alice Walton United States 60 20.6 United States
17 Liliane Bettencourt France 87 20.0 France
18 S. Robson Walton United States 66 19.8 United States
19 Prince Alwaleed Bin Talal Alsaud Saudi Arabia 55 19.4 Saudi Arabia
20 David Thomson & family Canada 52 19.0 Canada
21 Michael Otto & family Germany 66 18.7 Germany
22 Lee Shau Kee Hong Kong 82 18.5 Hong Kong
23 Michael Bloomberg United States 68 18.0 United States
24 Sergey Brin United States 36 17.5 United States
24 Charles Koch United States 74 17.5 United States

Wednesday, March 3, 2010

Warren Buffett on Coke vs. Pepsi

Warren Buffett with PepsiCo CEO Indra Nooyi CNBC 1st March 2010


Warren Buffett, Coca-Cola's largest shareholder, engages in some friendly sparring with PepsiCo CEO Indra Nooyi.