Just a few weeks before Warren Buffett’s much-awaited HBO documentary, “Becoming Warren Buffett” airs, the Oracle of Omaha will be gracing screens with his presence in a far more entertaining fashion. According to the Omaha World Herald, Buffett will be on tonight’s episode (1/16/17) of “Celebrity Apprentice” as an adviser to candidates.
The show, which was once known for hosting a fire-happy President-elect Donald Trump, is being run by actor and former politician Arnold Schwarzenegger. Contestants are competing for a $250,000 check which they can give to the charity of their choice. The connection to charity makes Buffett’s support make more sense as the Oracle of Omaha is one of the world’s top philanthropists. Continue reading ‘Buffett to Appear as Adviser on “Celebrity Apprentice” Tonight’ »
“I was lucky to have the right heroes. Tell me who your heroes are and I’ll tell you how you’ll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit forming,” famous investor Warren Buffett once claimed. In fact, he often says that the best thing he ever did was choose the right heroes; namely, his father, investor Benjamin Graham, and his partner Charlie Munger. Continue reading ‘Warren Buffett’s 3 Greatest Heroes’ »
Warren Buffett will probably never retire. He’s been quoted dozens of times saying that he loves what he does and he wants to do it until he simply can’t any longer. And, with his uncanny ability to pick stocks and invest in companies, the Oracle of Omaha definitely wouldn’t have anything to worry about if he did decide to retire. He’s the second richest man in the world, at the time of writing, and his net worth is more than $70 billion.
However, if he did have to worry about retirement and setting aside money, what would he do? Continue reading ‘Warren Buffett’s Advice for Retirement’ »
Warren Buffett has worked his way to being the 2nd wealthiest man in the world with his fabled investing techniques, heads a huge conglomerate worth around $400 billion, but somehow still manages to keep his schedule wide open. In fact, that’s a quality about himself that Buffett takes great pride in.
“A lot of CEOs get into a lot of the rituals that are part of the job. I would rather deliver papers than be the CEO of GE. They have too much stuff to do that is a big pain.” Continue reading ‘Buffett on Time Management’ »
With the constant ups and downs, the Stock Market is like a constant exercise in evaluation. Knowing which stock will go up, how much it’s worth, and whether it’s something that you should invest in can be a tricky and even risky business, especially if you’re just getting started.
Many investors make the mistake of trying to get the most stocks out of their money, and it can really lead to problems down the road. However, billionaire investor Warren Buffett has three tips for how to approach buying stocks when the market is high. Continue reading ‘Buffett’s Tips for Investing when the Market is High’ »
Warren Buffett, who is regarded as the most successful investor of all time, is known for his strategies as well as treating his stocks like business. Buffett has had immense success and luck, turning a textile firm into a conglomerate worth hundreds of billions of dollars, so it is no surprise that businessman tend to ask Buffett what they could be doing to catch his eye.
Buffett has a ton of advice for entrepreneurs (which you can find here and here) but I feel like some of them are more obvious and self-explanatory than others. For example, it is pretty obvious how being frugal can benefit you and your business, but how about reinvesting?
Continue reading ‘Buffett on Reinvesting’ »
Billionaire Warren Buffett is one of the most important businessmen in the world. As the world’s top investor and the chairman of the conglomerate Berkshire Hathaway, Buffett is constantly asked for his advice for success, for getting rich, and more. And, while there are many things that he attributes to his success, there is one that he believes everyone should learn: public speaking.
“You’ve got to be able to communicate in life. It’s enormously important,” Buffett said. “If you can’t communicate and talk to other people and get across your ideas, you’re giving up your potential.” Continue reading ‘One Skill Warren Buffett Says Everyone Should Learn’ »
Warren Buffett, famed investor and 2nd wealthiest man in the world, is always one to share his thoughts with you. He took Berkshire Hathaway, which started as a textile firm, and built it up to be a mega conglomerate worth about $400 billion through many years of strategic investing. He is constantly asked by hopeful investors what stocks they should be looking toward to invest in, what strategies they should use to find businesses, and even how diverse their own portfolio should be.
For the questions on diversity, let’s take a glimpse into Buffett’s portfolio. It’s easy to see what lies in his circle of competence; his portfolio is made up with 37% consumer staple companies, 32% financial institutions, 13% information technology, and the other 18% with various energy, health care, and telecommunication companies. Continue reading ‘How Important Is Diversity?’ »
When most people think of investors and the stock market, images of Wall Street probably come to mind. Dozens of computers with stock prices flipping along like some kind of complicated Matrix code, and charts zooming up and down while men in suits run around, shouting over each other, and punching in numbers on computer screens as their digital fortunes zip up and down in response to the news of the day. It’s a flurry of activity, and it would be understandable to assume that’s what it takes to be a good investor. And there probably are good investors who do that.
But not Warren Buffett.
Buffett, by contrast, lives in Omaha, Nebraska in the same house that he purchased for $31,500 in 1958. He wakes up every morning and drives himself to work (often stopping by McDonalds for a breakfast) where he walks into an office that employs less than 30 people and sits at a desk which doesn’t even have a computer. There, he reads and thinks and makes the kind of sensible decisions that made him the second richest man in the world. Continue reading ‘Buffett on the Benefits of Leaving Wall Street’ »
Warren Buffett leads the 4th largest company in the world, Berkshire Hathaway. His conglomerate is worth nearly $400 billion and at this point most of his money makes itself. It has long been discussed what will happen to Berkshire after Buffett cannot act as CEO and Chairman anymore, and while he hasn’t let us know who exactly will take over, Buffett assures us it will be someone capable.
With the thought of Berkshire Hathaway without Buffett, something that hasn’t happened since 1965 when Berkshire was still a textile company, comes a question— What does the Oracle of Omaha want for Berkshire? More money? More diversity? More strategy?
Continue reading ‘Buffett’s Hopes for Berkshire’ »