Last week’s bipartisan summit on health care reform seems to have done little, if anything, to build support for the President’s vision of health care reform. Strong opposition to the Democrats’ proposals remains the position of a majority of Americans. And now, even the Presidentâ ... Read more
Warren Buffett’s always been one to keep things simple. And in a recent interview with ABC, he laid out three broad rules that individual investors should follow if they want to grow their money and keep it safe: If it seems too good to be true, it probably is. Always look at how much the ... Read more
Many an investor prays for the ability to pick stocks like Warren Buffett, who owns significant stakes in Coke, GEICO, American Express and other outstanding companies. Perhaps by seeing what he does, we can get a clue as to where his genius comes from. On the eve of the Berkshire Hathaway ... R ... Read more
Fortune: How is Wells Fargo unique? Warren Buffett: It's sort of hard to imagine a business that large being unique. You'd think they'd need to be like any other bank by the time they got to that size. Those guys have gone their own way. That doesn't mean that everything they've done has been righ ... Read more
Bloomberg is reporting Berkshire Profit Plunges 96% on Stock Market Bets . Warren Buffett’s Berkshire Hathaway Inc. posted a fifth-straight profit drop, the longest streak of quarterly declines in at least 17 years, on losses from derivative bets tied to stock markets. Fourth-quarter net income ... Read more
In my financial case class (Fin 402) we will be doing a case study on Warren Buffett. In class I mentioned the video presentation of Buffett and Bill Gates when he was at the University of Nebraska. I went looking for it and I found this one. It is very good. It is a talk he gave at the University ... Read more
Who can beat William J. Bernstein for concise wisdom? His online essay, " The Executioner of Excellence ," is for me the most compelling statement of the skeptical, rational, ultimately sensible perspective that I strive for. Bernstein is, by training, a doctor (a neurologi ... Read more