Buffetts Get $10 Million, UConn Wins the Tournament & More

As much is Chuck Berry played a role in inventing the modern world, it’s filled with tons of surprises. The more you try to predict of surprises, the more surprising they actually seem. The dark horse Kentucky, after its “greatest recruiting class ever” loses a total of 10 games, reaches the final two as the …

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9/11 Buffett Payday

New York City Mayor Michael Bloomberg recently recruited fellow billionaire Warren Buffett. He asked him to take over a taxpayer fund that was set up to pay claims based on the toxic Ground Zero cleanup, which we recently learned from the New York Post. The surprising plan currently under review would give Berkshire Hathaway, Warren …

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Charlie Munger Gives Biggest Gift in the University of Michigan’s History

The University of Michigan is set to receive a $110 million gift of shares of stock from a philanthropist and investor based out of Los Angeles California. This is the largest donation in the school’s history. It is set aside for a graduate student residence hall. This will be a strong selling point as the …

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Bill Gates, Warren Buffett & LeBron James Have Dinner Together

http://youtu.be/SNz6pKfbknw There was a video recently posted online which shows some of the most powerful athletes in the world sitting right alongside two of the most powerful businessmen in the world. (See the video above.) As I’m sure you know, Lebron James is one of the biggest superstars in basketball (and all sports for that …

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Warren Buffett Email Explains Jack Welch Purple Shoe Question

There was a bizarre exchange between Jack Welch and Warren Buffett when they were on CBC together on a recent Monday morning episode. During the interview, the Oracle of Omaha praised Jack Welch’s incredible ability for selling purple shoes. Don’t worry, because the mystery is solved for everybody now. Well, sort of… Warren Buffett sent …

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Warren Buffett Likes Lebron James’ Business Intelligence

They say that politics makes for strange bedfellows, but making money brings even stranger pairs together. How do I know this? Because the 27-year-old best player in the NBA who happens to be a multimillionaire, Lebron James, was recently spotted with the 82-year-old multibillionaire, who happens to also be the second richest person in the …

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Does Warren Buffett Think You’ll Make Money With Airline Stocks?

When you look at the overall history of airline stocks, you will see that they have not been able to truly make the majority of their shareholders very wealthy. The airline business needs a huge amount of capital, and it also has very high fixed costs. You are going to have to pay the same …

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Warren Buffett & Bill Gates Sit Atop The Forbes 400 List

Bill Gates is once again the rich you should intrude into a soup spoon. I went options are stored forest man in the world, and he is still by a wide margin. The philanthropic giant, and cofounder of Microsoft Corp., is again at the top of the Forbes 400 list for the 19th year in …

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Is Value Investing A Thing Of The Past?

Since the 2008 financial crisis, and what is also now known as the “Great Recession”, the world of investing has been bombarded with a continuous refrain. “Things are different now,” it goes; “the old rules don’t apply.” There is a lot of talk going on that says we are experiencing a “new normal” and that …

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Buffett Takes Back The Title Of 3rd Richest From Ortega

The 40 people on the planet with the most money are now $7.2 billion richer as they added on to their collective net worth this week. Amancio Ortega and Warren Buffett also dueled for the title of the third richest person in the world. On August 6, Ortega knocked the 81 year old Buffett from …

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