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Do you follow the 5-hour rule for improving your writing or other skill?

21 hours agoArts / Writing : Time to Write

The five-hour rule refers to spending at least five hours a week on improving your skill, and it's something practiced by Warren Buffett, Oprah Winfrey, Bill Gates and other very successful people, according to an article at inc.com. The article's...

Wells Fargo Slammed With $2.6 Billion Lawsuit By Terminated Workers

In the first legal action brought by fired employees of America's largest mortgage lender and Warren Buffett's favorite bank - about whose criminal activity he was vowed not to say a word until after the election to avoid bringing attention...Show More Summary

World's airlines on pace to pocket record $39 billion in profits

Noted investor Warren Buffett once warned that investing in airlines was “a death trap.” He may be rethinking his view on the airline industry now that the trade group for the world’s carriers has predicted that the industry will pocket a record $39.4 billion this year. Alexandre de Juniac, director-general...

Senators Call For Labor Dept Probe Into Wells Fargo As Warren Buffett Vows To Keep Silent Until After Election

That did not take long. Just hours after a CNN report suggested that Wells Fargo was retaliating, and firing, company whistleblowers who had spoken out against the company's illegal "account creation" practices (while blaming them of...Show More Summary

7 Reasons You Shouldn't Invest Like Warren Buffett

Warren Buffett is, by most accounts, one of the most successful investors in history. The CEO of Berkshire Hathaway has amassed billions of dollars (more than $65 billion, at last count) through his savvy understanding of corporations' performance and the stock market. But investing like Warren...

Warren Buffett says these billionaires' letters might be more valuable than their money

Warren Buffett wants his Giving Pledge to define philanthropy for generations. At the 2016 Concordia Summit in New York on Tuesday, Buffett discussed the philanthropic movement with Yahoo Finance editor Andy Serwer via video conference. Show More Summary

WARREN BUFFETT: I won't comment on the Wells Fargo scandal until November (WFC, BRK.A, BRK.B)

Warren Buffett is waiting until after the election to weigh in on Wells Fargo. Buffett told Fox Business' Liz Claman that he will not comment on the bank's scandal until November. Buffett is the largest shareholder of Wells Fargo and...Show More Summary

How the Wells Fargo Scandal Could Actually Benefit Warren Buffett's Soul

When bank employees at Wells Fargo set up 2 million fake accounts in order to meet their sales quotas, they had no idea they might inadvertently be contributing to the salvation of Warren Buffett's soul.

Philanthropy: Buffett looks to younger generation

Berkshire Hathaway chairman Warren Buffett expects young people to be better messengers than him about the benefits of donating their wealth. ||| New York - Warren Buffett, the 86-year-old billionaire who committed most of his wealth...Show More Summary

Here's why Warren Buffett is giving his billions away

Warren Buffett was dialing for dollars at the inception of The Giving Pledge, a philanthropic initiative he created with and Bill and Melinda Gates. The pledge asks the world's wealthiest individuals to dedicate the majority of their...Show More Summary

JPMorgan Picks Todd Combs, a Warren Buffett Protégé, to Join Board

Mr. Combs, who becomes the 12th director on the board, has been an investment officer at Berkshire Hathaway since 2010.

One of Warren Buffett's investing gurus was named to JPMorgan's board (JPM, BRK.A, BRK.B)

JPMorgan Chase & Co said on Tuesday it elected Todd Combs, a stock-picking deputy of billionaire investor Warren Buffett, to its board of directors. Buffett has said hiring Combs as a portfolio manager to handle $9 billion of investments...Show More Summary

Quote of the Day

When the tide goes out, you discover who's been swimming naked. - Warren Buffett

A psychologist reveals the persuasive tactic Warren Buffett uses to make his shareholders trust him

Consider the opening of Warren Buffett's 2012 letter to Berkshire Hathaway shareholders. From the second paragraph: "A number of good things happened at Berkshire last year, but let's first get the bad news out of the way." Buffett goes...Show More Summary

The Unlikely Way Warren Buffett Could Sell Wells Fargo And Avoid Billions In Taxes

Here's how Warren Buffett can respond to the fake account scandal at Wells Fargo, from stock swaps to shareholder activism.

Kazakhstan HQ for the Buffett Foundation

I received an exciting email this afternoon from Perry Alexis, the chief accountant for the Warren Buffett Foundation. It seems I have been picked to receive a $1,500,000 donation — not a grant for research or anything, but a donation. And I notice it came from an email address in Kazakhstan. I don't know why […]

Jeff Bezos Swaps Spots With Warren Buffett To Become World's Third Richest In Wake Of Wells Fargo Scandal

Amazon CEO Jeff Bezos is once again the third richest person in the world and the second richest person in America, unseating Warren Buffett, who lost $1.3 billion Tuesday in the fallout of Wells Fargo's fake account scandal.

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