5 Warren Buffett & Charlie Munger Quotes to Live By Today

Warren Buffett and Charlie Munger like to share their philosophies on life and investing. And because of this, they have many interesting quotes that we would like to share with you today. Five of our favorites include: In regards to looking at the glass half-full – when Charlie Munger was asked about the insurance premiums …

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Berkshire Hathaway Growth Driven By Buyout and Business Mix

The Berkshire Hathaway conglomerate consists of nearly 90 subsidiaries and has businesses that range from ice cream to insurance to locomotives. Although the company runs many different types of businesses, its causality and property insurance business is its main source of income. This overall segment has provided a huge moat for Berkshire Hathaway, making the …

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Some Billionaires Not Meeting Giving Pledge Promises

Warren Buffett and Bill Gates first created the Giving Pledge five years ago, and in that time they were able to convince 193 people to promise to give away over half of their fortune at some point in their life or upon their death. 16 more people joined the initiative last week, including Hamdi Ulukaya …

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Berkshire Hathaway Names New NetJets CEO

On Monday, NetJets – Berkshire Hathaway’s luxury aviation company – said that its current CEO Jordan Hansell will step down as chief executive officer and chairman, and this is taking place right in the middle of a contract dispute that has lasted for more than two years. The 44-year-old CEO has been in charge of …

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Buffett Could Have Been Worth $102 Billion

Warren Buffett is currently the third richest person in the world. But the truth is that he could actually be even richer. Bloomberg news reported on Tuesday that Amancio Ortega recently passed Buffett as the second richest person in the world. For those who don’t know, Ortega is a Spanish fashion magnate. Currently, according to …

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Buffett Invests $22.5 Million into Israeli Cellphone Technology Company

Berkshire Hathaway, Warren Buffett’s investment firm, has recently invested $22.5 million into eVolution Networks. This company has developed a specific technology to use cellphone base stations in a more efficient way to save energy, reported The Times of Israel on Thursday. “With its Smart Energy Solution (SES) technology, eVolution conducts both a thorough radio coverage …

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Buffett Feels the Poor Shouldn’t Blame the Rich for Inequality

According to Warren Buffett, the third richest person in the world, people need to quit blaming the wealthy for income inequality in the United States of America. Warren Buffett, in a Wall Street Journal opinion piece, and is estimated to be worth roughly $71.3 billion by Forbes Magazine, depressingly claims as fact that “the poor …

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Buffett’s Thoughts on Raising the Minimum Wage

On Friday, in a Wall Street Journal commentary that Warren Buffett published, we learn that Buffett advocates a “major and carefully crafted expansion of the earned income tax credit” as opposed to raising the minimum wage. Buffett also said that this method is a “better answer” to the widening income gap inequality between those who …

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BYD to Raise $1.9 Billion

The Chinese electric car company BYD, of which Warren Buffett has a partial ownership stake, is looking to issue new shares in order to raise $1.9 billion. In trading on Tuesday, the company shares were halted on the Hong Kong market, and on Monday they were halted on the Shenzhen market, pending the announcement of …

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Buffett & Bono Spotted Backstage at Gates Foundation

When Bono and Buffett get together backstage at a Gates Foundation event, what do you think happens? Obviously, they talk about philanthropy! Undoubtedly there was much more to the conversation, but that’s what Sue Desmond-Hellmann, Gates Foundation CEO, shared in a Facebook post. Apparently an old fashioned gossip columnist is needed in that town, because …

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