Charlie Munger settled into his seat in front of the crowd at the University of Southern California. It was 1994 and Munger had spent the last 20 years working alongside Warren Buffett as the two men grew Berkshire Hathaway into a billion-dollar...Show More Summary
Warren Buffett once shared one of his homespun philosophies on money, "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1." As CEOs and CFOs seek growth strategies, often overlooked is one of the most fundamental -- identifying low hanging fruit where they can save money [...]
Book review: There is a lot to like in Jeremy Miller’s Warren Buffett’s Ground Rules: Words of Wisdom from the Partnership Letters...
Charlie Munger and Warren Buffett have often argued that it's smart to "i nvest in a business any fool can run, because someday a fool will." Or, as Buffett explained it in more detail back in 2010 in an interview with the FCIC: "IfShow More Summary
The latest missive from Omaha hews to a familiar Oracle tradition. Asset-liability mismatches and unofficial accounting metrics get both mocked and embraced, just like investment bankers, derivatives and tech stocks before them. Homespun wisdom is for lesser investing mortals.
Warren Buffett has said time and time again that he invests in simple companies with vigilant leadership. And it's the lack of those that has been bothering investors in Valeant over the last few days, as the stock has been a total whipsaw. On...Show More Summary
Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1. - Warren Buffett Preserving and transferring wealth is the primary components of a successful wealth management plan. A wealth preservation strategy can ensure that assets not only grow over time but also provide a legacy for one's family. Show More Summary
Kay Bell (Don't Mess With Taxes), Delayed State Tax Refunds in Illinois, Louisiana & Utah Because of Tougher Tax Identity Theft Procedures Bloomberg, Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule Bloomberg BNA Estate Tax Blog, Taxpayers Left Without a Legg to Stand on as Tax Court Imposes...
Democratic presidential front-runner Hillary Clinton will unveil proposals this month that will “go beyond the Buffett Rule” to raise the effective tax rates paid by the wealthiest Americans, she said. ||| New York - Democratic presidential...Show More Summary
On Wednesday, Nevada’s Public Utility Commission (PUC) radically revised the state’s net- metering (NEM) rules, which determine the price utilities pay for electricity supplied by customer-sited solar panels to utilities. Under the revised...Show More Summary
Hillary Clinton is hoping that Warren Buffett’s reputation for picking winners extends well beyond the boardroom. The “Oracle of Omaha” endorsed Clinton on Wednesday in, where else, Omaha, as she pledged to seek further tax increases on the very wealthy. Clinton said as president she would expand on the Obama administration tax proposal nicknamed for […]
Take us back to dock, Jimmy Buffett…”I used to rule my world from a pay phone and ships out on the sea; but now times are rough, and I got too much stuff–can’t explain the likes of me. But there’s this one particular harbor, so far but yet so near; where I see the days […] The post Below Deck Finale Recap: Eros Spelled Backwards Is “Sore” appeared first on Reality Tea.
“Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.” — Warren Buffett Buffett’s quote seems to state the obvious, but what does it mean for the average investor? My translation is this: Chasing the big market gains feels good, but protecting against market losses is what leads to... The post The Tortoise in Your Portfolio appeared first on The Simple Dollar.
Turkey says coalition to launch 'comprehensive battle' against Islamic State (Reuters) Buffett’s Celebration Tempered by 50th Anniversary Stock Slump (BBG) SEC Set to Approve CEO Pay-Gap Disclosure Rule (WSJ) Greece wants full bailout,...Show More Summary
Hockey urges need for right formula for 'Buffet' rule; keeps door open to online GST.
Albanese says policy would be very popular, but party won't commit yet.
Sometimes, an insult is actually a compliment. Warren Buffett once quipped that an idiot in the corner office is not necessarily a bad thing. I'll let the Sage of Omaha say it is his own words:
Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.
By David Morgan WASHINGTON (Reuters) - Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key cog in the development of the vast North American shale oil fields. Show More Summary
Deutsche Bank raided; China likes Buffett; "Pole Dances Are Tax Exempt As An Art Form, Lap Dances Aren't New York Tax Judge Rules"; and more.