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Warren Buffett On CNBC 10-25-09
Posted on28. Oct, 2009 by Admin.
Great interview with BBC discussing several issues. I will not take notes on this Warren Buffett video as I’m in a bit of rush.
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World’s Richest Moguls Met in New York for Secret Charity Meeting
Posted on21. May, 2009 by Admin.
Source: Fox News
What do Oprah, Bill Gates, Warren Buffett, George Soros and New York Mayor Michael Bloomberg have in common? It’s a secret, but I am sure you can guess.
These and a handful of other mega-moguls coordinated their busy schedules to gather for a top-secret meeting in the Big Apple to talk greenbacks — not [...]
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Warren Buffett Autobiography Review by Michael Lewis
Posted on20. May, 2009 by Admin.
There is now a long shelf of books about Warren Buffett, but this is the first time he has gone to any trouble to add to it. Reportedly Buffett now regrets his decision–he has apparently put some fresh distance between himself and his official biographer. If so, it’s not hard to see why. Alice Schroeder [...]
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Buffett’s investment fund in loss
Posted on19. May, 2009 by Admin.
Via: BBC
Berkshire Hathaway made a loss of $1.53bn (£1bn) in the first three months of 2009, compared with a profit of $940m a year earlier.
The firm said it had to write down $1.9bn to reflect the reduced value of its stake in oil firm ConocoPhillips.
It bought the shares before oil prices fell sharply towards the [...]
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Buffett: ‘I’d invest in the UK’
Posted on15. May, 2009 by Admin.
Via: BBC
Billionaire investor Warren Buffett has told the BBC he is still prepared to invest in the UK.
The “Sage of Omaha” was bullish about the UK’s prospects when asked if the country was a good investment.
“Sure. We own a couple of stocks in the UK. I’d be delighted to buy a good business over in [...]
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Warren Buffett on Berkshire’s Q1 Earnings and Derivatives
Posted on15. May, 2009 by Admin.
Via: CNBC
“What I call our operating earnings, which would be the earnings before any gains or losses from securities or derivatives or any other transactions of that sort, the operating earnings will be, after tax, about $1.7 billion against $1.9 billion last year.
And as I told you, we’re lucky in this particular period to be [...]
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Buffett will hang on to Buffalo News
Posted on15. May, 2009 by Admin.
Via: Business First of Buffalo
Despite continued advertising and circulation erosion in the newspaper industry Warren Buffett said Berkshire Hathaway Inc. will maintain ownership of The Buffalo News.
Asked about the possibility of adding other newspapers at a time when the industry is in steep decline, Buffett responded, “We’ll never give them up. For most papers in [...]
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Buffett says life insurers took “crazy” bets
Posted on15. May, 2009 by Admin.
Via: Reuters
Billionaire Warren Buffett on Sunday criticized some life insurers for taking on “crazy” financial risks by selling variable annuities, or retirement products that promised unrealistic guarantees to buyers.
“I always thought they were crazy when they were doing it,” said Buffett, at a press conference in Omaha, his hometown, because of the financial risks to [...]
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Buffett and Munger share lessons of turmoil
Posted on15. May, 2009 by Admin.
Via: Associated Press
Billionaires Warren Buffett and Charlie Munger said Sunday the most important lessons of the recent financial turmoil are that companies should borrow less and build a system that imposes severe disincentives for failure.
“I think the most important lesson is the world needs a whole lot less leverage,” said Buffett, who is Berkshire’s 78-year-old [...]
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Warren Buffett: All CEO Candidates “Inside” Berkshire Hathaway
Posted on07. May, 2009 by Admin.
Via: Warren Buffett Watch
Warren Buffett says this morning all the candidates already identified to replace him as Berkshire Hathaway CEO already work for the company.
“There is no reason to go outside. All the candidates are inside.”
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