Warren Buffett

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Buffett: Beware 'Overpriced' Social Networking Sites

Oracle of Omaha will stick to his usual investments, thank you

(Newser) - Warren Buffett says he's just itching to make another big deal for his beloved Berkshire Hathaway, but you won't catch him frothing over the slew of initial public offerings expected in the tech world, reports Bloomberg . “Most of them will be overpriced,” said Buffett. "It’s extremely...

Buffett: Japan Presents 'Buying Opportunity'

Country's 'economic future' unchanged, says investing guru

(Newser) - There’s no need to panic about Japanese markets post-earthquake, says Warren Buffett: Such cataclysmic events often create a “buying opportunity,” he tells Reuters from South Korea. “It will take some time to rebuild,” but the market plunge “will not change the economic future of...

Carlos Slim Tops Billionaires List

Mexican tycoon world's richest man with $74 billion

(Newser) - Mexican telecoms tycoon Carlos Slim is the richest person in the world for the second year running, according to Forbes' latest list of billionaires . The 71-year-old Slim, now worth an estimated $74 billion, widened the gap with No. 2 Bill Gates thanks to some canny business moves last year, including...

Warren Buffett: 'My Trigger Finger Is Itchy'

Berkshire boss looking for another big acquisition

(Newser) - Warren Buffett says he's looking to pull off another major deal on the scale of last year's big railroad purchase . "We're prepared," he writes in his closely watched annual letter to Berkshire Hathaway shareholders. "Our elephant gun has been reloaded, and my trigger finger is itchy."...

Warren Buffett's Greatest Investments

Coke and American Express have made him a bundle

(Newser) - Warren Buffett is one of the United States' greatest rags-to-riches stories. Once a whiz kid from Omaha, Buffett is now one of the world's wealthiest men. Here are some of the investments that got him there, from 24/7 WallSt .
  1. Coca-Cola: Buffett bought his first shares of Coke in 1988. By
...

Slate Presents '80 Over 80'
 Slate Presents 
 '80 Over 80' 
Nov 30, 2010 11:25 AM CST

Slate Presents '80 Over 80'

Influential octogenarians, from politicians to celebrities

(Newser) - Thirty under 30? Pshaw. Slate offers up its annual 80 Over 80, a list of politicians, industry leaders, and other icons who also happen to be really old, ranked in order of power and importance. The top five:
  1. Thomas S. Monson: The Mormon president, 83, acts as divine prophet for
...

Warren Buffett: Rich Sons Not Coming Home in Body Bags

He continues crusade for higher taxes

(Newser) - Warren Buffett continued his plea that the rich be taxed more—but he went a bit further today than he did last week . “There's no sacrifice among the rich,” he told ABC’s This Week, according to Politico . “There's plenty of sacrifice going on now. I mean,...

Buffett: Rich Never Had It So Good

Make us pay, says billionaire

(Newser) - Pot-stirring billionaire Warren Buffett is complaining that the "rich never had it so good," and again demanded that politicians make the wealthy pay their fair share to the public coffers. "People at the high end—people like myself—should be paying a lot more in taxes,"...

Buffett, Bush, Merkel Among Medal of Freedom Honorees

President Obama will give medals to 15 more recipients

(Newser) - President Obama will give the Medal of Freedom to 15 more honorees early next year, including George HW Bush and Warren Buffett. The list of recipients, released today, runs the gamut from sports greats (baseball legend Stan Musial and basketball great Bill Russell) to civil rights pioneers (Sylvia Mendez, who...

Dear Uncle Sam: Thanks
 Dear Uncle Sam: 
 Thanks 
WARREN BUFFETT
Nov 17, 2010 8:28 AM CST

Dear Uncle Sam: Thanks

Only you could have saved us from financial meltdown: Warren Buffett

(Newser) - Sure, it's all the rage to curse big government, government spending, government in general, but there's one guy who's thankful for it—and his name happens to be Warren Buffett. Writing a thank-you letter disguised as an op-ed for the New York Times, Buffett praises Uncle Sam's intervention in the...

Buffett Flags 39-Year-Old as Likely Successor

Todd Combs handed portion of $100 billion investment portfolio

(Newser) - When Warren Buffett eventually steps away from Berkshire Hathaway, the title of chief investment officer will likely go to a 39-year-old named Todd Combs. The little-known hedge fund manager effectively became Candidate No. 1 after Berkshire made the surprise announcement that he would oversee part of its $100 billion investment...

Warren Buffett: Cut Taxes, But Not for the Rich

Billionaire slams tax system, Wall Street 'casino' pay

(Newser) - Finance wiz Warren Buffett believes taxes should be cut—but not for him or other wealthy Americans. The 80-year-old investor, speaking at the Most Powerful Women summit in Washington, said it's absurd how he pays the lowest rate of tax of anybody in his office, including the cleaning lady, CNN...

Billionaires' 'Giving Pledge' Not Good Enough

But here's a way to fix it

(Newser) - A bunch of billionaires have signed up for Warren Buffett and Bill Gates’ “ Giving Pledge ,” promising to give away half or more of their money to charity. Sounds great, right? Not to Ron Rosenbaum of Slate . “I think I can speak for the rest of the world...

34 US Billionaires Pledge Half Their Money to Charity

Michael Bloomberg, Barry Diller, Larry Ellison among them

(Newser) - Bill Gates and Warren Buffett have convinced 34 more billionaires to sign onto their “Giving Pledge” initiative , promising to give away at least half their money to charity. The list includes the likes of Michael Bloomberg, Ted Turner, Barry Diller, Larry Ellison, and T. Boone Pickens, Reuters reports. “...

Paul Allen Will Give Away Billions
Paul Allen Will
Give Away
Billions
Jul 16, 2010 6:50 AM CDT

Paul Allen Will Give Away Billions

Microsoft co-founder commits most of his fortune to philanthropy

(Newser) - Looks as though Bill Gates' billionaire challenge is paying off: Microsoft co-founder Paul Allen has pledged to give away most of his $13 billion fortune. He made the vow public a month after Bill and Melinda Gates and Warren Buffett urged the world's richest to give away at least half...

Gates, Buffett to Super Rich: Give Half of It Away
Gates, Buffett to Super Rich: Give Half of It Away
Charity Megadrive
Jun 16, 2010 12:13 PM CDT

Gates, Buffett to Super Rich: Give Half of It Away

Details of the secret billionaires meeting revealed

(Newser) - Remember that super-secret meeting of the world’s richest people? Well, the contents of that meeting have finally been revealed, in a new Fortune article that pulls back the curtain on probably the biggest charity drive of all time. The meeting was the brainchild of Bill Gates and Warren Buffett,...

Warren Buffett Lunch Snags $2.6M

Anonymous bidder sets record in charity auction

(Newser) - Warren Buffett's status as an oracle seems intact. An anonymous bidder will pay $2.6 million to have lunch with the chief of Berkshire Hathaway, topping the 2008 record of $2.1 million, reports Monsters & Critics . Buffett auctions off the lunch every year on eBay, with proceeds going to...

Warren Buffett, You Should Be Ashamed

His testimony on the meltdown is a PR disaster

(Newser) - Warren Buffett made a fool of himself on Capitol Hill yesterday, declares Felix Salmon. Forced to testify about the financial meltdown, he denied any culpability in the mess—never mind that he was the largest shareholder in Moody's. "From a PR point of view," writes Salmon at Reuters...

Buffett: I 'Love' Goldman Investment

Oracle gets behind Blankfein at shareholder meeting

(Newser) - Warren Buffett has no plans to sell Berkshire Hathaway's stake in Goldman Sachs as the investment bank fights civil fraud charges, saying today that he "loves" his $5 billion investment because it generates 10% interest a year. The Oracle of Omaha spoke today during Berkshire's annual shareholders meeting—but...

Warren Buffett to Sound Off on Goldman Sachs

Berkshire Hathaway honcho promises 'extensive' remarks

(Newser) - Goldman Sachs might want to brace itself. Warren Buffett, who just happens to be one of the firm's biggest investors, is ready to “fire at will” during the Berkshire Hathaway shareholders meeting this weekend, the Wall Street Journal reports. “I expect to get multiple questions about Goldman,”...

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