Buffett Lunch Auction Breaks $600k Mark

On Sunday, June 1, the annual Buffett lunch auction began and immediately went off to a great start. By Monday during mid-afternoon, the bid had already surpassed the $350,000 mark. It’s now past mid-afternoon on Wednesday, and the bidding has already surpassed the $600,000 point. All of the auction proceeds will not benefit Berkshire Hathaway …

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Peter Buffett Says ‘Charity’ Fuels ‘Perpetual Poverty Machine’

Peter Buffett, son of investing billionaire and philanthropist Warren Buffett, mentions that the charity work being done in the nonprofit sector in America is fueling a “perpetual poverty machine.” Chairman of the NoVo Foundation, young Peter recently noted in an op-ed piece that the nonprofit organizations do nothing more than make the rich contributors feel …

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An Update About Warren Buffett

If you don’t already know, Warren Buffett is on the verge of turning 82 and he was unfortunately diagnosed with prostate cancer very recently. The good thing is that the third most wealthy man in the world does not plan on slowing down one bit due to this diagnosis. He does not plan on passing …

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