From a very early age young Buffett was obsessed with making money and had a very clear dream of becoming the world's greatest investor.Born during the depression when his father was close to bankruptcy, Warren learnt about the value of money and the importance of being financially secure at an early age.Even before his teens, Warren knew that he wanted to be rich, very very rich. As early as elem
Written by Shilpan
Rule No. 1: Never lose money. Rule No. 2: Never forget Rule. No. 1 - Warren Buffett
Photo courtesy of Trackrecord
Are you sold on the fake notion that owning possessions is the touchstone of your self-worth? Have you felt jealous and self-pity when a neighbor bought a new Mercedes or a new Yacht [...]
This is the second part on what stocks I am looking at.
Part 1 dealt with stocks in the DJIA trading at or near 52 week lows. Next, I will look at stocks Warren Buffett or Berkshire Hathaway has bought according to
Gurufocus.com.
Although studies have shown that following Buffett into stocks has been a good [...]
This year, Forbes named Warren Buffett the richest human being in the world. At 77 years of age, this self-made Nebraskan’s published net worth is US$62 b-b-billion. (Remember, there are 1,000 millions in one billion.)
So, how much would you give to power lunch with Buffett?
Zhao Danyang, a Chinese investment fund manager for Hong Kong’s Pureheart [...]
Everyone knows Mohnish Pabrai paid 650K to have lunch with Warren Buffett. Now, a Chinese fund manager has paid $2.1 million!
Now the interesting part is the
bidding history. Someone with the handle of ”
u***d” was the highest bidder in the last hour of bidding at $800,000. “u***d” ( who I believe is Warren buffett [...]
Belgian newspaper De Standaard has reported that Warren Buffett is prepared to throw the Busch family under the bus and support the InBev offer to buy...
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I was privileged to receive this book for free after winning the May contest over at
valueinvestingnews.com. Before continuing the book, review I would like to say thank you to George and Bud for giving the book away at no cost.
First of all, before I received this book I knew it would have to [...]
Bila saja tujuh keajaiban dunia bisa ditambah dan tidak hanya terdiri dari karya arsitektur, tapi juga orang, maka Warren Buffett boleh diusulkan sebagai salah satunya. Bayangkan saja, dalam sekitar 29 tahun, ia bisa meroketkan modalnya dari 100 dolar AS menjadi 57,4 miliar dolar AS pada Mei 1999.
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Warren Buffett has never been a fan of hedge funds and has just found a taker for his $1 million bet that a basket of five funds of hedge funds would not beat the market over ten years. At the same time, Business Week reported that the largest sovereign wealth fund, Abu Dhabi Investment Authority [...]
1) Economic MoatsBuffett requires a company to have a sustainable competitive advantage, or what he calls an "economic moat."This means he looks for companies that are virtually certain to have earnings that are higher in five or 10 years than they are today.There are few companies that meet this "virtually certain" criterion. Thus, you won't find stocks like Amazon.com (NasdaqNM:AMZN - News), Yah
In his 2006 letter to Berkshire Hathaway shareholders, Warren Buffett explains how costly it can be to let advisors come between you and your money.By Warren BuffettMarch 6, 2006: 5:54 AM EST(FORTUNE Magazine) - Warren Buffett often uses his annual report to comment on subjects he believes of importance to today's markets. Here, from the report published Saturday, is an allegory about "How to Mini
Some say this is to acquire revenue streams in hard currency. All right but surely a far more obvious reason for Buffett to be buying companies in Europe is that he wants to move away from the devaluing US dollar. For if the dollar continues downwards for the next couple of years that will deliver [...]
FRANKFURT (AFP) - Warren Buffett, the world’s richest man [Net worth US $62 billion (2008)] , is backing Barak Obama for US president and thinks current US economic policy will push the dollar lower against other global currencies
Buffett told a press conference here Monday he had offered support to both Obama and Democratic rival [...]
FRANKFURT (AFP) - Warren Buffett, the world’s richest man [Net worth US $62 billion (2008)] , is backing Barak Obama for US president and thinks current US economic policy will push the dollar lower against other global currencies
Buffett told a press conference here Monday he had offered support to both Obama and Democratic rival [...]
Wow. Talk about timing. Adding to the list of Gurus owning WLP and UNH, Warren Buffett increased his stake in UNH by 400,000 shares. According to
Gurufocus.com, he increased his position by a little more than 6%. Who else will join the health csre train?
For the rest of Warren Buffett’s picks go here:
Most investors are familiar with superstar investment guru and easy going philanthropist Warren Buffett. How could you not? After all, he’s the single richest billionaire in the entire world and one of the most influential value focused investors. While the wealth snapshot order has swapped places a few times, at least on this recent Forbes [...]
"An investor needs to do very few things right as long as he or she avoids big mistakes. " Warren Buffett One of the world's most successful investors, Warren Buffett is the richest man on earth. Chairman of the Berkshire Hathaway, Buffett's wealth jumped by $10 billion to hit $62 billion during 2007. Buffett's life is an inspiration for investors across the globe. So what makes the
-subprime-lenders-and-investors-should-not-get-help-warren-buffett.aspx “Capitalism without failure is like Christianity without hell,” Mr. Buffett said. He added that “lenders and investors who were dumb enough to deal in subprime mortgages should not receive any special help,” but if homeowners were deceived about the terms of an adjustable mortgage, they should be helped.
I completely agree, but I'm still curious what happened with his plan to start a financial guarantor company. Originally when AMBAC and MBIA were taking heat for their subprime exposure and writedowns there was talk of Buffett bailing one out or starting his own under the Berkshire Hathaway name. Guess we will have to wait and see.
Business Times - 06 May 2008 Warren Buffett says the 'R' word Housing woes seen hurting bank results for a couple of years (OMAHA, Nebraska) Warren Buffett, the world's richest person, said on Sunday that the US economy is in recession, putting him at odds with a government report that showed weak growth.Mr Buffett offered his assessment during a wide-ranging news conference, a day after a record 31,000 shareholders of Berkshire Hathaway Inc attended the insurance and investment company's annual meeting in Omaha.Last Wednesday, the Commerce Department said that the US economy grew at a 0.6 per cent annual rate in the first quarter. But Mr Buffett said that the nation's population also grew, making the real growth rate lower. He also said that even if the data did not show the economy retra
Everyone loves covering Warren Buffett, rain or shine. His long-term shareholders love him, the media follows his every move, and everyone on Wall Street...
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"An investor needs to do very few things right as long as he or she avoids big mistakes. " Warren Buffett One of the world's most successful investors, Warren Buffett is the richest man on earth. Chairman of the Berkshire Hathaway, Buffett's wealth jumped by $10 billion to hit $62 billion during 2007. Buffett's life is an inspiration for investors across the globe. So what makes the world's wealthiest man so rich? Buffett believes that successful investing is about having common sense, patience and independent research. 'How Buffett Does It', by James Pardoe is a great guide for investing in any market. A look into Buffett's simple, yet intelligent mantras for investing and minting millions. 1. A frugal billionaire Buffett believes in simplicity. He advises investors to take easy decis
Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, BRK.B) has been on CNBC this morning discussing his Wrigley's bid this morning. Interestingly enough this...
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Warren Buffett: Prioritize Career Building Over Market Studying [Money] Fortune magazine drops in on a Q&A Warren Buffett offered to 150 business students, and the advice dispensed by the Oracle of Omaha on investing and money in general is elegantly simple. When one student asked Buffett how to best spend his free time to further his investing knowledge, Buffett avoided generalized advice and told him to stick to what he knows. Fortune paraphrases:For most people, the bulk of their income is going to come from earning power in their chosen profession. Therefore, from the standpoint of building wealth, free time is better spent sharpening one's professional skills rather than studying investing.Buffett also advises that those who can't commit serious time to being active investors sho
The outlook for the ailing greenback – finally – is getting healthier, which makes it the perfect time to go long. I know this is a wildly unpopular and completely contrarian stance, so let’s get right to it. Here are the 10 reasons I think the dollar’s headed for an inevitable reversal:1. If Not the Dollar… Then What?With the greenback getting clubbed, China shocked the world recently by suggesting it would diversify away from the dollar. To which I simply say – into what? The likely suspect is the euro, but there’s not enough liquidity to handle the demand. Plus, it’s still a pre-pubescent, experimental currency, not one governments can invest in with 100% faith. Moreover, with two-thirds of foreign reserves in dollars, it would take more than eigh
Warren Buffett is currently the world's richest man as of March 2008. This 77-year-old native of Omaha, Nebraska, has an estimated $62 billion worth of assets. His businesses includes insurance, jewelry , utilities, food, among others.America's most beloved investor is now the world's richest man. Soared past friend and bridge partner Bill Gates as shares of Berkshire Hathaway climbed 25% since the middle of last July. Son of Nebraska politician delivered newspapers as a boy. Filed first tax return at age 13, claiming $35 deduction for bicycle. Studied under value investing guru Benjamin Graham at Columbia. Took over textile firm Berkshire Hathaway 1965. Link
The most famous “graduate” of the Benjamin Graham School of value investing, which looks for stocks with unjustifiably low prices in relation to their intrinsic worth.Once Buffett determines the intrinsic value of the company, he compares it to its current market capitalisation – which is the current total price. If his measurement of intrinsic value is 25 per cent higher than the extant market capitalisation, Buffett sees value. Sounds easy, doesn't it?Well, Buffett's success, depends on his unmatched skill in accurately determining this intrinsic value. While we can outline some of his criteria, we have no way of knowing exactly how he gained such precise mastery of calculating value.Buffett is a focus-investor, preferring narrow portfolio with a high concentration of FMCG and cons
“…Tôi biết có nhiều người trong danh sách 400 người giàu nhất của tạp chí Forbes mà con cái họ chẳng thèm che chở họ. Nguồn lực mạnh mẽ nhất trên thế gian này chính là tình yêu không điều kiện. Càng cho đi, bạn càng nhận được nhiều…”
Hằng năm, tỉ phú người Mỹ Warren [...]
Oracle of Omaha to play himself on daytime drama
By MarketWatch
Last Update: 1:46 PM ET Mar 22, 2008
NEW YORK (MarketWatch) — Warren Buffett will be lured into a fictional
insider-trading scandal during an upcoming television appearance, Reuters news
agency reported.
The 77-year-old billionaire financer is scheduled to portray himself on the ABC
soap opera “All My Children” during the May [...]
The company operates close to 730 aircraft, making it the second- largest fleet in the world after American Airlines.NetJets has tied up with Ashish Chordia, CEO of luxury good company Shreyans, to act as the company’s strategic partner for India. There is no clarity yet on whether foreign charter companies like NetJets can operate within India. The company is, therefore, starting its operations by offering its aircraft for international flights.Speaking at the launch, NetJets director of sales Graeme Weston said there is a huge potential for private jet travel in India from corporates as well as high networth individuals. About two dozen Indian customers already use NetJets’ planes in the United States and Europe.
Ok, Warren Buffett is a genius, and likely the most brilliant investor of all time. But there is one issue on which he is glaringly wrong. Taxes.
It has been widely reported that Buffett feels that there is an unfair disparity when he pays 17.7% on his income and his secretary pays 30% on hers.
Last year, [...]
Billionaire Warren Buffett's Berkshire Hathaway Inc. has agreed to trade its 16.3 percent stake in White Mountains Insurance Group for two subsidiaries and $751 million (€489 million). Berkshire Hathaway has been an investor in White Mountains since 2001 and the Omaha, Nebraska-based company currently owns 1.7 million White Mountains shares. In addition to the cash, Berkshire will get Commercial Casualty Insurance Co. and International American Group. Those two companies had gross assets of about $435 million (€283 million). White Mountains CEO Ray Barrette said Berkshire's investment in White Mountains helped the company buy CGU/One Beacon in 2001. The purchase of CGU's property and casualty insurance business helped White Mountains expand beyond reinsurance. "White Mountains is n
White Mountains Insurance Group, Ltd. (NYSE: WTM) entered an exchange agreement with Berkshire Hathaway Inc. (NYSE: BRK-A) to transfer certain runoff...
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Warren Buffett bought his first stock at the age of eleven.He filed his first income tax return when he was 13 years old in 1943, deducting his bicycle as a work expense for $35.Today he is one of the world most influential people.What is his secrets of creating wealth?
Warren Buffett is one of the world’s [...]
Warren Edward Buffett (lahir 30 Agustus 1930) adalah seorang investor dan pengusaha Amerika Serikat. Ia memiliki julukan Oracle of Omaha; Buffett telah mengumpulkan kekayaan yang sangat besar dari kecerdikannya berinvestasi melalui perusahaannya Berkshire Hathaway, di mana dia memegang 38% saham. Dengan perkiraan pendapatan bersih AS $44 milyar pada 2005, dia menduduki urutan kedua sebagai orang
So Warren Buffett is now the world’s richest man; I guess this proves he has been “walking the talk” since his Joy of Compounding demonstration back in the 60’s. Carlos Slim moved into second place on the list, pushing Bill Gates down to third. Mr Microsoft had been sitting in the comfortable No.1 position [...]
New York - Warren Buffett is the richest man in the world. The legendary investor (Berkshire Hathaway) overtook the first time for years Microsoft chief Bill Gates at the annual list of the super-rich, the US business magazine “Forbes” on Wednesday in New York presented.
With a wealth of 62 billion dollars (40.6 billion euros) landed [...]
Forbes Magazine reports that Warren Buffett is now the world's richest man with a fortune worth $62 billion. He replaces Bill Gates at the top, who has now fallen to third place with $58 billion, below mexican telecom tycoon Carlos Slim, who sits atop $60 billion.
What's notable here is that Buffett is topping the charts even though he has been giving away part of his fortune each year for
Homeowners and Investors, Time to Get Real by Ben Stein - snip:...First, as I see it (and I'm often mistaken), the real estate market still has some serious falling to do. I base this on the fact that real estate in some of the most overpriced markets -- like Manhattan and the west side of Los Angeles -- have yet to fall dramatically. I, your humble servant, have been looking for a condo here in L.A. for my son, and I've been floored by how high the asking prices are for these dwellings. Yes, they've fallen, but they're still far higher than they were four or even five years ago. Keeping asking prices high may make sellers feel good, but it won't sell their homes. Consider this: On one hand, brokers tell me that prices haven't fallen much, and that they think that's a good sign. On the
Warren Buffett became one of the wealthiest people in the world by making predictions and putting money behind those predictions. Every time he buys a stock or a business or some other investment, he's forecasting the future.Judging by the incredible returns of his holding company Berkshire Hathaway, Buffett and his colleagues are very good at making those predictions.Of course, it helps when you can give your predictions plenty of time to come true. That's one reason Buffett's favorite holding period for investments in "outstanding businesses with outstanding managements" is "forever." After all, "We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely."With that in mind, here are Warren Buffett Watch's "Eight for '08" .. and beyond.1. Recessions can't be avoided forever. In the last few days, Buffett told our Becky Quick that if unemployment picks up significantly, the "dominoes" will fall and the U.S. economy will fall into r
If you have been a regular here for any length of time, you will know that I have a strong appreciation for Warren Buffett and his wisdom on business, investing, and life. I have written about a few things I learned from Warren and some famous Warren quotes as well.
I found a series of videos from a talk Warren gave to MBA students at the University of Florida. It never ceases to amaze me how large of a goldmine of wonderful information is available for FREE. He still hasn’t written a book, so you have to soak up his wisdom via other methods (like this). If you are even remotely interested in investing or business these would be a good use of your time. (each one is a little under 10 minutes)
YouTube - Warren Buffett MBA Talk - Part 1
YouTube - Warren Buffett MBA Talk - Part 2
YouTube - Warren Buffett MBA Talk - Part 3
YouTube - Warren Buffett MBA Talk - Part 4
YouTube - Warren Buffett MBA Talk - Part 5
YouTube - Warren Buffett MBA Talk - Part 6
YouTube - Wa
Warren Buffett started with US$100 in 1956 and turned it to over US$40 billion fortune for himself. Amongst the world's Richest people, he stands out as the one who make it not by being an entrepreneur but by investing in businesses run by great entrepreneur.Below I share with you some gems of wisdom from Warren Buffett.Cheers!Surround yourself with people you trust and you'll do fine.if you could only make 20 investing decisions you would think harder about those decisions and make more money.You need temperament and discipline not IQ. You need extraordinary discipline. That is the hard thing.Q: What do you look for in a business leader?Focus, Mission, and Projected confidence.Pick good heros (role model). Who your heros are determines who you will be. Your inner score card matters more than your outer score card.The time to do it is today. You may not be doing it in 30 years. Seize the day.Do not do something because you feel the need to do it. Do it because you want to do it.On H
Wow, what a great article. Clearly I am a Warren Buffett fan, but I don't think that I have ever read such an intelligent take on what makes Warren Buffett successful. You hear the normal talk about him being able to accurately forecast the market, buy low, etc...But, I bet you have never heard these reasons.
Andy Kern, doctoral student of finance at the University of Missouri - Columbia, concedes that Warren Buffett is so successful because of his luck. Ok, I know what you are thinking, that isn't so intelligent. Well, read on.
Ther
Warren Buffett, Chairman of Berkshire Hathaway, is arguably the world's greatest investor and the third richest man with a net worth exceeding $52 billion (Rs 213,200 crore). He is also a great philanthropist: last year he declared plans to give away over $37 billion (Rs 151,700 crore) in charity, to the Bill & Melinda Gates Foundation.
But he is not just a man with a large heart and a matching
Todd Sullivan at ValuePlays wrote this article a few days ago, about Warren Buffett buying into the financial sector. He feels that it shows there is short term weakness in the financial sector, but not to be afraid as their is long term value there (as evidenced by Warren Buffett buying into Bank of America (BAC)).
Todd wantes to remind is to not confuse "cheap" with "value".
"A cheap stock is one that will not cost you much money to purchase. A value stocks costs what it costs to buy but it is worth much more, a significant diff
Last night came the filing from Berkshire Hathaway (NYSE:BRK-A) showing its public company stock holdings as of September 30, 2007. Berkshire's four largest...
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Berkshire Hathaway's (BRK.A) Warren Buffett is buying banks.
Buffett bought Bank of America (BAC) during the 3-months ended 6/30. His purchase prices were between $ 48.34 and $ 50.14, with an estimated average price of $49.6 for his 8.7 million shares. Now, the BAC position is small for Berkshire as it represents 0.7 % of Berkshire's holdings as of 6/30. His holdings was 8700000 shares as of 2007-06-30.
Buffett has long been a fan of financials holding shares in Wells Fargo (WFC), M&T...
Continued at Todd Sullivan's ValuePlays
Time to take "The Oracle" to task.
CNBC has an interview today in which Buffett describes the taxes on his office. He pays 17.5% tax "on average" on his income and that the rest of his office pays 32%. This is the "unfairness" in the tax system he alludes to.
Here is the flaw, the higher taxes those people pay? It is social security taxes, a "tax" for a program those people will need far more than Buffett ever will. After $85,000 in income you no longer need to pay the 7% tax on your...
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“We never buy stocks when we see prices soaring,” Berkshire Hathaway's (BRK.A) Warren Buffett told reporters while on a visit to northeastern China Wednesday. “We buy stocks because we’re confident of the company’s growth. People should be cautious when they see prices rising.”
He clarified the comments on CNBC saying "I, just said that we very seldom buy into a market that's gone up a whole lot, and I don't know anything real specific about the Chinese market or Chinese stocks. But I do know...
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By Jackie Cameron
One basic error sets Omaha sage Warren Buffett apart from most investors - he never confuses price with value.
That was one of the many insights from Robert P Miles,...
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This was one of the best and most detailed interviews I have seen if Berkshire's Chairman (BRK.A) in recent years. Liz Clayman landed on Fox Business News with a big splash yesterday. If anyone knows were the whole interview can be found, please let me know.
Buffett, in the live interview commented a quit a few thing. Watch videos:
On his best investment
On the economy.
On the HY Times "erroneous" Bears Sterns story.
On his Petro China sale.
Finally, on succession.
Subscribe...
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Joe Citarrella did a great job on his article, so I am not going to try and re-work what he did. What I will tell you is that the article sets it out plain and simple. If you want to know the secrets of Buffett's investing success, read this article. It isn't a formula. It requires a lot of due diligence, but if you are willing to put in the time, you will be rewarded.
As Joe states in his article, "Well, it's no surprise that Buffett is seeking companies with 'durable competitive advantages' and which are run by honest and capable
Berkshire Hathaway of Warren Buffett reveals the pile of 10% with Scandinavian BurlingtonBerkshire Hathaway of Warren Buffett revealed a pile larger than of Scandinavian Fe 10% of Burlington Santa (BNI). By three subsidiary companies of insurance (Colombia, national, and marine allowance national of fire) Berkshire advantageously has 39.027.430 shares of Scandinavian ordinary actions of Burlington according to a classification of dryness makes Friday, April 6, 2007.The reported purchase most recent of Berkshire was made Thursday, 5 April, and was composed 1.219.000 bought shares with $81.18 part.At the time presenting the table familiar of the principal investment of Berkshire in its more recent letter at the shareholders, Buffett wrote:"we show below our investments of ordinary actions. With two exceptions, those which had a commercial value of more than $700 million at the end of 2006 are detailed. We do not detail the values concerned, which have a commercial value of $1.9 billion,
Warren Buffett appears to be clearing out Berkshire Hathaway (NYSE: BRK.A)'s portfolio of its PetroChina ADR (NYSE: PTR). shares. Berkshire actually owns the regular shares, not the ADRs. According to Reuters, Berkshire Hathaway has reduced its stake to about 3.1%, and since the required filings with the Security and Exchange Commission happen in the rears, Berkshire Hathaway may have disposed of all its shares by now.When I posted Serious Money: Berkshire Hathaway (BRK.A) cuts PetroChina (PTR) holdings again, I was under the impression that Buffett had maintained a sizable position in the stock. By most standards, this might still be the case, but as a percentage of what Berkshire held, it is clear now that it has decided to unload the stock, siding with its more vocal shareholders that it had no business supporting a company doing business with a Somalian Sudanese government which has demonstrated contempt for human rights and ignored international calls for change.Although Buffett
Enron. Global Crossing. Worldcom. When the going is good, no one complains. Boom years are times when everyone seems to want corporations to commit fraud and release apocryphal reports to shareholders as long as their wealth is increasing. When the boom ends, it’s time to release the Guillotine on those corporate jackals who defrauded the [...]
Warren Edward Buffettولد وارين ادوارد بافيت في 30 أغسطس 1930 في اوماها نبراسكا و صنفته مجلة فوربس في هذا العام كثالث اغنى رجل في العالم بثروة تقدر ب 52 مليار دولار هذا الرجل العظيم قرر التبرع ب83% من ثروته الهائلة لمؤسسه بيل و ميلندا جيتس الخيرية و هو اكبر تبرع في تاريخ الولايات المتحدة و العالمبدأ مسيرته في الدنيا، وهو في الحادية عشرة من عمره، عندما اشتري أول سهم في حياته، ويري الآن، أنه بدأ متأخراً، وأنه كان من واجبه، أن يبدأ قبل هذه السن..وقد اشتري أول مزرعة، من مزارعه، وهو في الرابعة عشرة، من عائد عمله في توزيع الجرائد، ولايزال، إلي الآن، يتنقل بين أرجاء الك
Book Description
ISBN-0471465119Warren Buffett is both a unique investor and individual. He is one of the few to ever become a billionaire by investing in the stock market, yet he still does his own tax return, has never issued himself stock options, and doesn’t want or need a building with his or his company’s name on it.
Not too long ago, several members of the media and the investment
Leslie McFadden It's not every day you get to see the world's second richest man lose.But the shareholders of Berkshire Hathaway Inc., Warren Buffett's holding company, got to see it twice during the first weekend in May at the Berkshire Hathaway 2007 Annual Shareholders Meeting in Omaha, Neb.First Buffett, whose net worth Forbes magazine lists at $52 billion, took on friend and Cleveland Cavaliers basketball star LeBron James in a game of "horse." Then he challenged an 11-year-old table tennis champion.Suffice to say, Buffett probably ought to stick to investing.Much of the weekend was filled with light-hearted fun. Shareholders who made the pilgrimage to Omaha this year got a chance to shop the merchandise of Berkshire's many subsidiaries, watch a company video of Buffett playing James and capture many Kodak moments of Bill Gates and Warren Buffett playing table tennis at the local mall.Of course, the real reason people flocked to Omaha, had nothing to do with a desire to see Bu
“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
If you can grasp this simple advice from Warren Buffett, you should do well as an investor. Sure, there are other investment strategies out there, but Buffett’s approach is both easy to follow and demonstrably successful over a period of more than 50 years. Why try anything else?
The devil is in the details
So, buying great companies at reasonable prices can deliver solid returns for long-term investors. The challenge, of course, is identifying great companies and determining what constitutes a reasonable price. Buffett recommends that investors look for companies that deliver outstanding return on capital and produce substantial cash profits. He also suggests that you look for companies with a huge economic moat to protect them from competitors. You can identify companies with moats by looking for strong brands alongside consistent or improving pr
At a recent fundraiser for Hillary Clinton, Warren Buffett was heard suggesting tax hikes for the super rich. To the casual observer, this is puzzling because Warren Buffett is one of those super rich that would be subject to the higher tax rates of his proposal. Those who follow Warren Buffett are more familiar with [...]
“Managerial intellect wilted in competition with managerial adrenaline. The thrill of the chase blinded pursuers to the consequences of the chase.”
Warren Buffett (b. 1930) U.S. C.E.O. of Berkshire Hathaway
This video is a speech to MBA students at Florida.
Buffett again communicates many timless ideas about investing and finance. Although the video is from the late 90's, his ideas and concepts are still valuable to understand.
Warren Buffett is considered the most successful investor. Studying the methods, ideology, and background of this great investor is important. CNBC interviewed Buffet in the interesting segment posted below. Buffett's prospective on investing and life are unique and refreshing. Below are the video segments posted on YouTube.com. The first segment is located on top, directly below, followed by
Book Description
The strategies and techniques of THE investment legend
Warren Buffett Wealth follows the world's greatest investor from the beginning of his career, as he takes a 100-dollar investment and turns it into one of the most successful multibillion-dollar companies in the world. By carefully detailing how Buffett began his career and discussing what he learned from Benjamin Graham,
Warren Buffett sticks to his investing philosophy. If you run a screen based on Buffett’s six investment criteria, here are:Free cash flow (net income aftertaxes, plus depreciation and amortization,less capital expenditures) of at least $50 million Net margins of at least 15%Return of equity of at least 15% for each of the past three years and the most recently reported quarter.A dollar’s worth of retained earnings generating at least a dollar of shareholder value for the past five yearsOverpriced stocks are removed by comparing estimated discounted future cash flow five years from now with the current price.Only stocks with a market capitalization of at least $500 million are included.Simply so!The club dedicated to studying and applying the investing principles developed by Warren Buffett.here at marketocracy
“Your goal as an investor ... to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher ... years from now. Over time, you will find only a few companies that meet these standards – so when you see one ... buy a meaningful amount of stock.”Warren Buffett (b. 1930) U.S. C.E.O. of Berkshire Hathaway
“The truly big investment idea can usually be explained in a short paragraph. We like a business with enduring competitive advantages that is run by able and owner-oriented people. When these attributes exist, and when we can make purchases at sensible prices, it is hard to go wrong.”Warren Buffett (b. 1930) U.S. C.E.O. of Berkshire Hathaway
“The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.”Warren Buffett (b. 1930) U.S. C.E.O. of Berkshire Hathaway
between...Buffett seeks a 'New Buffett' In annual report released Thursday, the world's greatest investor says he's looking for an understudy - job-hoppers and money-grubbers need not apply.Picking the right person to hire on the investment side will not be easy, Buffett says. "We need someone genetically programmed," he specifies, "to avoid serious risks, including those never before encountered." Other talents he will be looking for, he says, are "independent thinking, emotional stability, and a keen understanding of both human and institutional behavior."Thanks for lessons Warren !keyword: Warren Buffett
"Warren Buffett's 24-year-old wallet was recently purchased for $210,000 at a charity auction because it included a stock tip. But before Buffett sent his wallet to the winning bidder, he removed a significant and personal item that reveals 10 secrets to his extraordinary wealth-building success."I just came across this info yesterday. You can read about it here. This should be a great addition to Flatwallet's wallet since there is a lot of room.
Por cortesÃa de gurusfocus.com os pongo las últimas compras conocidas de uno de los mayores y más exitosos inversores del mundo. Por algo es el segundo hombre más rico del mundo.Son compras hechas en el último trimestre de 2006:UNH: Unitedhealth Group que cotiza ahora mismo a 53,95 $ dedicada al sector de la salud, con un PER de los últimos 12 meses de 18,15 y un PER estimado a 12 meses vista de 13,76IR: Ingersol-Rand Co. que cotiza ahora mismo a 44,4 $ dedicada al sector de la Industria y maquinaria diversa, con un PER de los últimos 12 meses de 13,89 y un PER estimado a 12 meses vista de 11,21Un saludo a todos.