What 3 Words of Advice from Buffett Make Investors Rich?

Warren Buffett has so much great advice to offer to investors, but it all boils down to this: Get over yourself. Stop believing that there is a secret magic formula out there for making millions of dollars overnight, and quit thinking that you will discover this formula because you’re much smarter than all of the …

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Warren Buffett Anecdote You Never Knew

Whether you can believe it or not, Warren Buffett said that his early involvement in Berkshire Hathaway was a $200 Billion dollar mistake! In truth, Buffett was ready to sell his shares in the struggling textile mill, but the CEO at the time attempted to undercut a verbal offer that he had made to Buffett. …

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Buffett is High on Moynihan

Warren Buffett is very supportive of Brian Moynihan and Bank of America and the turnaround that he has put in the works over the last five years, which was reported by Forbes magazine, even though the CEO has added the title of chairman to his status and this was objected by the California State Teachers …

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Buffett Loses an Additional $1.09 Billion

Just yesterday, we mentioned how Warren Buffett lost a little more than $1 billion on his IBM investment at the opening bell. Unfortunately, things also took a turn for the worse today and he dropped an additional $1.09 billion due to another one of his favorite companies. On Tuesday, Coca-Cola posted third-quarter earnings revenue and …

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Where Did Warren Buffett Just Lose $1 Billion Dollars?

In general, Warren Buffett is not a big fan of losing money, so dropping $1 billion on Monday morning before lunch certainly should not sit well. This morning, shares of IBM dropped significantly on weak earnings results, and this cost Warren Buffett dearly. The stock price dropped by $15.05 at the opening bell, and as …

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Buffett Selling Off Tesco Stock

It seems that Warren Buffett is on his way to completely pulling out of Tesco, after acknowledging that his investing in the supermarket chain in Britain was a major mistake. When October began, Buffett and Berkshire Hathaway owned a total of 3.97%, but there is an understanding that Buffett plans to reduce his share amount …

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Warren Buffett: High Interest Rates Hurt Stocks and Make Them Worthless

When it comes to picking where he should invest, the stock market, according to Warren Buffett, is a no-brainer. On CNBC last week, Warren Buffett made an appearance and said that the current interest rates, i.e. the 10 year US Treasury bond at 2.42%, is not that enticing to him. “I don’t start salivating, let’s …

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Buffett Gets into the Automotive Game

Have you wondered whether or not car dealerships are a good investment? Warren Buffett happens to think they are, and the market believes that his investment is good enough to boost the sector. Berkshire Hathaway, owned by Warren Buffett, agreed to buy Van Tuyl Group last Thursday. They have $9 billion in sales and are …

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Buffett Bets $550 on Cornhuskers & Wins

The rich always seem to get richer. Billionaire investor Warren Buffett, reportedly worth $67.6 billion, bet $550 on the Nebraska Cornhuskers in order to win $500. The bet was to cover the 12.5 spread against Fresno State, while Buffett was visiting the MGM sports book in Vegas this weekend. The Nebraska Cornhuskers, who came very …

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Buffett Surprises Teen with Cancer

Recently, Warren Buffett made a call to CNBC in order to speak with Tre Grinner, a 17-year-old with Hodgkin’s lymphoma hoping to become an investment banker. Through help gained from the Make-A-Wish foundation, Grinner had the opportunity to work as an intern at Goldman Sachs. He was on CNBC doing a live interview about the …

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