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BYD’s electric dream is even racier than Tesla’s

The Chinese group is selling nearly $2 bln of new equity to make more batteries and design more cars. Like Elon Musk’s company, this is a bet on a bright electric future, with added China hype. Even with Warren Buffett on board, BYD looks a longer shot than its U.S. rival.

Mark Cuban -- Warren Buffett Is My Homeboy (Video)

Mark Cuban and Warren Buffett are more than just  billionaire "Entourage" co-stars... they're also friends in real life who get ICE CREAM together.  Cuban just appeared on "TMZ Hollywood Sports" to talk about…

3 fundamental lessons Warren Buffett learned from his mentor Ben Graham

Warren Buffett spent his late teens consuming as many books on stocks and investing as possible. When he picked up a copy of Benjamin Graham's new book "The Intelligent Investor" in 1949, his life was changed. It was a guide to "value investing," a system Graham began developing with his fellow Columbia Business School professor David Dodd in 1928. Show More Summary

Warren Buffett’s Dirty Little Secret – Leverage and Speculation

Many "experts" say that they can help you invest like the legendary Warren Buffett. Most, unfortunately, have no clue how he actually does it.


BUFFETT’S NEW ENERGY DIVISION BUYS MORE Berkshire buys more wind projects May 22, 2015 Lincoln Journal Star BHE Renewables, a subsidiary of the Berkshire Hathaway Energy company that is owned by Warren Buffett’s Berkshire Hathaway Inc.,...Show More Summary

The Road to Success: An Interview with Bill Gates and Warren Buffet

In 1998, Bill Gates and Warren Buffett sat down to share some insights into what led to their success. Here are a few highlights.

Simple Investing Principles to Follow

I have been overdosing on everything about Warren Buffett in the past two-three years. This has spilled over to learning more about Warren’s business partner Charlie Munger. Charlie Munger is big on the so called mental models, which...Show More Summary

China's BYD says plans fundraising to boost battery capacity, new models

BEIJING (Reuters) - BYD Co Ltd plans to use funds raised in a potential private placement to boost battery production capacity and develop new models, said the Chinese automaker backed by billionaire Warren Buffett's Berkshire Hathaway Inc. Show More Summary

What M&A Bubble? Charter's Time Warner Bid And Heinz's Kraft Buy Are Cautious, Not Crazy

Whether it is Brazilian private equity giant 3G Capital and its favored partner, Warren Buffett of Berkshire Hathaway, or cable billionaire John Malone, the heaviest hitters in the world of dealmaking are showing an abundance of caution even as they spend what could be over $100 billion on acquisitions this year.

Prairie news companion: Why The Tulsa Frontier thinks it can succeed with a hard paywall and no ads

Not long after his family sold The Tulsa World to Warren Buffett’s BH Media Group in 2013, Robert E. Lorton III, the paper’s former publisher, began thinking about how he could get back into the news business. The traditional newspaper model is broken, Lorton figured, and online advertising isn’t really a sustainable way to support...

Buffett-backed Chinese automaker BYD plans up to $1.9 billion placement: IFR

HONG KONG (Reuters) - Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, plans to raise up to $1.9 billion in a share offering in mainland China, IFR reported on Tuesday, citing a source familiar with the plans. Show More Summary

IRS Oversees Taxes And Obamacare. Now Warren Buffett Wants IRS In Welfare Too

Warren Buffett says IRS tax credits are better than raising the minimum wage. But the IRS pays out billions in fraudulent claims and can't administer all the programs it has.

The EITC is better than the minimum wage

Warren Buffett has a great article in the Wall Street Journal.

Mobile Home University, where the rich teach others how to rip off poor living in trailer parks

last weekHumor / odd : Boing Boing

Some of the richest people in the US, like Warren Buffett, made millions from trailer parks. And some of them would like to teach others who enjoy exploiting the poor how to do exactly the same. Read the rest

Are We Close To The Next Stock Market Correction?

Famed investor Warren Buffett understands the difference between an overvalued stock market and one which is undervalued. Using his favorite stock valuation ratio, we'll examine today's market and reveal if stocks are overvalued, undervalued, or fairly valued. Learn everything you need to know about this in this informative article!

Warren Buffett Wants A Bigger EITC---And So Do Tax Identity Thieves

Refundable credits meant to benefit low income workers bring out identity thieves and fraudulent preparers who prey on both them and the IRS.

Warren Buffett's Good Idea on the Earned Income Tax Credit Is Bad For Progress

In the Wall Street Journal on Friday, famed investor Warren Buffett made an argument you often hear against raising the minimum wage: increase the Earned Income Tax Credit (EITC) instead.“I may wish

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