Sunday, October 31, 2010

WARREN BUFFETT money is not happiness

CCTV-【Biz Talk】2010.10.2 WARREN BUFFETT in China : LOVE,NOT MONEY,EQUALS HAPPINESS
WARREN BUFFETT money is not happiness

Friday, October 29, 2010

Richest Chinese List Unveiled

Forbes unveils its list of the richest business people in China

Goldman Ready to Unwind Buffett Stake?

FBN's Charlie Gasparino and Liz Claman break down whether the investment firm is ready to pay back the Oracle of Omaha and explore Buffett's take on the situation.

Wednesday, October 27, 2010

Larry Coats, on The Berkshire Hathaway business model

NEW YORK (TheStreet) - Larry Coats, portfolio manager for RS Capital Appreciation Fund and Berkshire shareholder, says Todd Combs may be an unknown quantity on Wall Street,...
Larry Coats :"...The Berkshire Hathaway (BRK.A) business model is based or sourcing capital lower negative -- and that's in the capitol is positive ideally heart rate of return. In that context he's pulling lot of money war in the last three or four years. Those investments. Will -- the business the company less depended upon. Daily investment activities. More dependent upon. The operations of those businesses that he's invested...."

Tuesday, October 26, 2010

Invest like the New Buffett ?

Oct. 26 2010 | Discussing whether you should invest like Warren Buffett's possible new successor, with John Morris, Crestwood Advisors, and Kent Croft, Croft Funds.

Monday, October 25, 2010

Elliott Weissbluth, Where the Richest Are Putting Riches

Oct. 25 2010 | Elliott Weissbluth, CEO of financial services company HighTower, tells CNBC why his firm is making a hard push into wealth management.

Warren Buffett investments decisions

Warren Buffett Interview

Warren Buffett shows us, how he makes his investments decision.

Sunday, October 24, 2010

Warren Buffett : Berkshire Hathaway is the Dumbest Stock I Ever Bought

By Ron Haruni|Oct 18, 2010,

Warren Buffet calls his 1964 decision to buy Berkshire Hathaway (BRKa)(BRKb) a $200 billion blunder, prompted by a urge to retaliate against the CEO who tried to “chisel” Buffett out of an eighth of a point on a tender deal.

From Buffett: “The dumbest stock I ever bought was, drum roll here, Berkshire Hathaway. And that may require a bit of explanation. It was early in 1962, and I was running a small partnership, about seven million. They call it a hedge fund now. And here was this cheap stock, cheap by working capital standards or so. But it was a stock in a in a textile company that had been going downhill for years. So it was a huge company originally, and they kept closing one mill after another. And every time they would close a mill, they would take the proceeds and they would buy in their stock. And I figured they were gonna close, they only had a few mills left, but that they would close another one. I’d buy the stock. I’d tender it to them and make a small profit. read full article >>>>

Saturday, October 23, 2010

Boone Pickens reveals his worst investing mistake

Oct. 22 2010 | CNBC's Becky Quick talks to the biggest names in business about their worst trades. Oil and natural gas magnate Boone Pickens tells CNBC's Becky Quick about the biggest trading mistake he ever made

Tuesday, October 19, 2010

Warren Buffett reveals his worst investing mistake

Legends Share Mistakes


Oct. 18 2010 | Billionaire Warren Buffett reveals his worst investing mistake, with CNBC's Becky Quick.

Monday, October 18, 2010

Warren Buffett Worst Trade

Oct. 18 2010 | CNBC's Becky Quick talks to Warren Buffett about the worst trade he's ever made, and his answer might surprise you.

Buffett : Investors buying bonds now are making a mistake

Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. is warning against US Bonds bubble : Investors buying bonds now “are making a mistake,” Mr. Buffett said recently.

U.S. stock dividends are paying more than government bonds. Ten-year Treasuries yield 5.2 percentage points less than equities of companies in the S&P 500 when adjusted for annual inflation, which is near the March 2009 high
via Bloomberg news

Wednesday, October 13, 2010

Warren Buffett s Chinese Car Company Suffered Setbacks Including Fines,

Warren Buffett's Chinese car company BYD Co. has been a success for the billionaire, but the company has suffered some setbacks recently and his profits have eroded, according to a Business Insider report.

According to a Bloomberg report, "BYD Co., the Chinese carmaker part- owned by billionaire Warren Buffett's Berkshire Hathaway Inc. [NYSE:BRK.A], was fined and ordered to surrender seven factories after a dispute over land use in central China. BYD received a 2.95 million yuan ($442,000) fine and will have the factories in Xi'an, Shaanxi confiscated, according to a statement posted today on the Ministry of Land and Resources website."

SmarTrend is bullish on shares of Berkshire Hathaway and our subscribers were alerted to buy on June 17, 2010. The stock has risen 6.2% since the alert was issued.

Monday, October 11, 2010

Buffetts Dairy Queen adds 200 stores in China

Dairy Queen adding 200 stores
Bloomberg News

SHANGHAI – International Dairy Queen Inc., the U.S. fast-food and ice-cream chain owned by Warren Buffett’s Berkshire Hathaway Inc., plans to increase its outlets in China by more than 60 percent by the end of next year.
read article

Wednesday, October 6, 2010

Warren Buffett : The Economy is Coming Back

Warren Buffett : as long as we issue debt in our own currency , the only thing we have to worry about is the printing press breaking down ...you can't go broke if you issue debt in your own currency ...but sixteen countries (The Eurozone ) gave up the right to do that , if Greece can print its own currency , you might have an enormous inflation but you would never have a default on debt...so now you have sixteen countries who have bound themselves to synchronized and somewhat consistent fiscal policies in order to have this monetary union work ...and that is a big problem....

Friday, October 1, 2010

Buffett Seeks Large Investment Opportunities in China

Oct. 1 (Bloomberg) -- Bloomberg's Stephen Engle reports on Warren Buffett's trip to China and the billionaire's plans for investment in the nation. Buffett said at a briefing yesterday in the southern Chinese city of Changsha he expects “large” opportunities in China, making the world’s fastest growing major economy a “logical” place to invest. Buffett and Berkshire Vice Chairman Charles Munger visited the facilities of automaker BYD Co., part owned by Berkshire, and with Microsoft Corp. Chairman Bill Gates met with local business leaders to promote philanthropy. (Source: Bloomberg)