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 …

Continue reading ‘Buffett & Bono Spotted Backstage at Gates Foundation’ »

A Buffett Bank Stock to Consider?

Even though the majority of Warren Buffett’s $63 billion is tied up in Berkshire Hathaway stock, he does own shares of other companies that the media doesn’t typically know about. There’s no question that Warren Buffett is a phenomenal investor. The book value of Berkshire Hathaway has grown nearly 20% annually for the last 50 …

Continue reading ‘A Buffett Bank Stock to Consider?’ »

Firms Boost Dividends and Buffett Makes $123 Million

Warren Buffett’s belief in US banks is going to generate another $123 million more each year after companies including American Express and Wells Fargo passed the stress test from the Federal Reserve and were cleared to raise dividends. Berkshire Hathaway, where Warren Buffett is the chief executive officer and CEO, has a much larger asset …

Continue reading ‘Firms Boost Dividends and Buffett Makes $123 Million’ »

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 …

Continue reading ‘3 of Buffett’s Favorite CEOs’ »

Buffett Continues His Praise of Jamie Dimon

Billionaire investor Warren Buffett continues to sing the praises of the leader of J.P. Morgan Chase & Co. even though the bank reportedly has agreed to pay a $13 billion settlement with the US government in regards to sales of mortgage-backed securities. On Tuesday, Buffett said during an interview on Bloomberg television that he continues …

Continue reading ‘Buffett Continues His Praise of Jamie Dimon’ »

Warren Buffett: US Default Would Be “Asinine”

On Wednesday, Warren Buffett said the threat involved with not raising the nation’s debt limit “after you’ve already spent the money” is a “political weapon of mass destruction” that can be compared to a poison gas. It should never be used by either political party. “I know it’s been used in the past, but we …

Continue reading ‘Warren Buffett: US Default Would Be “Asinine”’ »

Buffett Says Beware of Bonds, Buy Stocks

Billionaire investing success Warren Buffett does not like owning bonds at this point, and he thinks the average investor should avoid them as well. The chairman and CEO of Berkshire Hathaway, major investment conglomerate, believes that individual investors should have plenty of cash on hand so they are comfortable just in case something unexpected happens. …

Continue reading ‘Buffett Says Beware of Bonds, Buy Stocks’ »

Does Rap Genius Hate Warren Buffett?

On February 21, 2013, cofounder of Rap Genius Mahbod Moghadam started up a strange feud with Warren Buffett, billionaire investor, when he tweeted from his handle @rapgenius this extremely profane message: “WARREN BUFFETT CAN SUCK MY ____.” Sending out offending tweets to those people well known in the media is nothing new, but it is …

Continue reading ‘Does Rap Genius Hate Warren Buffett?’ »

Warren Buffett’s Thoughts About President Obama

Within the business community, Warren Buffett is the greatest ally of President Barack Obama. There is even a proposal to raise taxes brought about by President Obama named the Buffett Rule, which obviously bears the name of the billionaire entrepreneur and investor. And more often than not, President Obama appeals to the authority and business …

Continue reading ‘Warren Buffett’s Thoughts About President Obama’ »

Jamie Dimon Is Buffett’s Pick For Treasury Secretary

President Barack Obama is currently looking to replace Tim Geithner as Treasury Secretary. Everybody’s favorite billionaire investor Warren Buffett thinks that the best person to lead the Treasury Department during the financial crisis is none other than the CEO of J.P. Morgan Chase, Mr. Jamie Dimon. It is believed that Dimon is not one of …

Continue reading ‘Jamie Dimon Is Buffett’s Pick For Treasury Secretary’ »