Buffett’s Great Advice to a 7th Grader

It takes a tremendous amount of courage to stand up in front of over 40,000 people and say something – even anything – and forget about the fact that we are talking about a preteen that has posed the question for the Oracle of Omaha at the Berkshire Hathaway annual meeting this year. And yet, …

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3 Buffett Habits to Adopt

Warren Buffett has gone from a seven-year-old boy roaming the streets of Omaha selling Coca-Cola bottles for five cents apiece to a man now sitting atop the Berkshire Hathaway empire that he created, and has more than $525 billion worth of assets. Have you ever wondered which habits helped Warren Buffett get to this place …

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Charlie Munger Drops Hints of Warren Buffett’s Successor

The biggest hint about the future CEO of Berkshire Hathaway was recently dropped and the future of the company is either going to be in the hands of Greg Abel, current energy boss or Ajit Jain, the head of reinsurance. The founders of the company, Charlie Munger and Warren Buffett, feel that the company is …

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Hints of Buffett’s Possible Berkshire Hathaway Successor Come to Light

By all appearances, it’s surprising to see that Burlington Northern Santa Fe CEO Matt Rose is going to step down and take on the position of executive chairman. The current COO and President Carl Ice, who’s worked with BNSF for 34 years, will assume the role of CEO on January 1, 2014. This move by …

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3 of Buffett’s Favorite CEOs

At one point last week, Berkshire Hathaway leader Warren Buffett defended Jamie Dimon, the CEO of JP Morgan Chase bank after an announcement that the financial company made a $13 billion settlement with the United States government, specifically noting “this country is a lot better off because Jamie Dimon has been running JP Morgan.” Buffett …

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Berkshire Group Bets Big On Mobiles & Social Media in India

In an effort to become the biggest online insurance provider, Warren Buffett’s Berkshire group is leading an Indian venture that believes the popularity of social media and mobile phones will boost their business. Berkshire India, an insurance company, sells health, motor and travel insurance products over the Internet on their website Berkshireinsurance.com. They also plan …

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Berkshire’s “Subpar” Year And Other Goodies

Warren Buffett, the most famous investor in America, really holds himself to a much higher standard than most. That’s why he describes the business year of 2012 as “subpar” even though Berkshire Hathaway made a total of $24.1 billion for its shareholders. Buffett pointed out that only for the ninth time in Berkshire Hathaway’s 48 …

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Life Without Warren Buffett

The shareholders of Berkshire Hathaway may have been seeing glimpses into the future without Buffett for some time now. Most of the deals that Berkshire Hathaway made last year were not directly involving the 82-year-old billionaire investor. They either started with one of the two investment managers Buffett recently hired over the last few years, …

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Here’s Why Buffett Should Have A Berkshire Hathaway Dividend Plan In Tomorrow’s Annual Letter

Warren Buffett once told us that avoiding dividends during the early years of Berkshire Hathaway gave him the ability to refocus the company’s money on better businesses, just like a person would overcome “a misspent youth.” The billionaire Warren Buffett, now 82 years old, is focusing on his legacy as he prepares Berkshire Hathaway for …

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Is Ted Weschler The Next Warren Buffett?

Ted Weschler is already proving his value to Berkshire Hathaway as much more than a stock picker. He has a knack for finding value in distressed companies. Since Ted joined Berkshire Hathaway this past January, the former hedge fund manager, at 51 years old, has already gone above and beyond the call of duty. He’s …

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