Shares of oil stocks plunged again as the price of West Texas Intermediate wiped out nearly half of its late-January rebound. Sluggish demand growth and stubbornly high supply has had investors
Legendary value investor Warren Buffett is making headlines in financial markets as his company, Berkshire Hathaway (NYSE: BRK.B), announced that it increased its exposure to oil refining company Phillips 66 (NYSE: PSX).
Dale Carnegie’s How to Win Friends & Influence People is one of the best selling self-help books of all time. The book has influenced a wide range of people over the years, from Warren Buffett to Charles Manson. Those two people, Buffet and Manson, really express the weirdness that is Carnegie’s book in the modern era. Let’s dig into it. Read more...
If you want to know who still believes in a future for news media, just turn to some of our most respected businessmen: Warren Buffett. Jeff Bezos. John Henry. Glen Taylor. All of them have made significant investments in newspapers, despite the media pundits that have been claiming the death of the newspaper industry for years. Show More Summary
Some of the best investors in the world, Charlie Munger and Warren Buffett, have been able to make it by having a concentrated portfolio of securities. Their thinking is that investors who are willing to work hard at investing game should concentrate their bets in their best ideas. Show More Summary
In the past 12 months, shares of Warren Buffett’sBerkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B) have had a rare pummeling, down 15%, over double the decline of theS&P 500 (SPY). Since 2000, there have only been a handful of occasions where shares have experienced a trailing 12 month loss of this magnitude. Still, on every [...]
He's reportedly worth more than $60 BILLION -- so why didn't Warren Buffett ever snatch up an NFL franchise?? The Berkshire Hathaway boss was out in D.C. over the weekend -- when TMZ Sports asked why he never went the same route as other…
(Reuters) - Berkshire Hathaway Inc, the conglomerate run by Warren Buffett, has resumed its purchases of Phillips 66 stock, and spent roughly $832 million in January to boost its stake even as the oil refiner's profit margins narrowed. Show More Summary
Of the 50 wealthiest people in the world, only one hails from South America: Brazilian business magnate Jorge Paulo Lemann, who's worth $25 billion. Brazil's wealthiest man ranks as the 26th richest person in the world, according toShow More Summary
Now that Donald Trump has vacated his throne, Arnold Schwarzenegger will take over as host of “The Celebrity Apprentice” for the upcoming season. The “Kindergarten Cop” hunk will lead a team of advisers that includes Warren Buffett,Show More Summary
This morning, NBC announced the cast and advisers for the upcoming season of the show, and the list is full of the uber-wealthy, making the combined value of the boardroom at least $84 billion.
Donald Trump is out. And Arnold Schwarzenegger. But which D-Listers will be joining the former governor in the boardroom of NBC's Celebrity Apprentice this season, which will also feature Tyra Banks, Jessica Alba, Warren Buffett, Steve Ballmer and Patrick Knapp as advisers? Scroll down. Show More Summary
NBC has just announced the celebrity lineup for this upcoming season of Celebrity Apprentice! Arnold Schwarzenegger has been announced as host, replacing Donald Trump, with Tyra Banks, Jessica Alba, Warren Buffett, and Steve Ballmer acting as advisers to the celebs. The new season is expected to debut this year. Click inside for the full list [...]
Los Angeles Clippers owner Steve Ballmer and Schwarzenegger's nephew, entertainment attorney Patrick Knapp Schwarzenegger, will also serve as advisors. read more
In the darkest days of the financial crisis, Goldman Sachs accepted a $5 billion investment from Warren Buffett. SpringOwl believes both Yahoo and Viacom could benefit from strategic investments from major Buffett-like partners.
A vocal investor in Yahoo Inc and Viacom Inc is calling for the boards of both companies to seek outside investments from strategic partners in the vein of legendary investor Warren Buffett to help boost the value of their stocks. In an article reviewed by Reuters that is to be published on the...
Bill Gross says you can thank Warren Buffett for Tuesday's stock market rally. Via the @JanusCapital account on Twitter, Gross said on Tuesday, "Buffett, not oil, likely cause of today's rally. $32 billion purchase of PCP closes Friday. Show More Summary
No excuses! Even the busiest entrepreneur can manage to read like Bill Gates or Warren Buffett.
So … if even some wealthy folks see it, why can’t our politicians?