Warren Buffett

This video is actually about 6 months old - but it gave me another reason to like Warren. He is (or has been) fighting to increase the tax rate on the rich and lower it for the middle class. (added 05/07 - oops, it turns out the video isn’t showing up in some browsers… so here is the link if you can’t see it…)     His tax rate is lower than mine - how about everyone else? Why Invest in Stocks?Find Out On Zecco.com Free Blogs, Forums & Trade. www.zecco.com... Read Full Story

Warren Buffett,a grandfatherly billionaire,says the economic crisis is not a short run phenomenon.We are already in a recession.The Federal Reserve did the right thing in bailing out Bear Stearns(BSC),but the U.S. dollar will continue to drop for the next 10 years.Nonetheless,he continues to look for a business he can understand,at a sensible price and with a durable competitive advantage-a business he can trust,such as Coca-Cola(KO),American Express(AXP),Procter and Gamble(PG),Burlington... Read Full Story

(NewsVisual, powered by IntellectSpace) -- Although Carlos Slim Helu may never become as famous as Microsoft Corp (NASDAQ: MSFT) Chairman Bill Gates, Mr. Slim is ranked in second place when it comes to wealth behind Berkshire Hathaway Inc (NYSE: BRKA) Chairman Warren Buffett, and thus Mr Slim is already considered richer than Mr Gates, according to Forbes magazine. Mr Slim is best known for his holdings in Telefonos de Mexico SAB de CV (NYSE: TMX), which is also called Telmex. NewsVisual... Read Full Story

The latest Forbes list of richest people in the world is out and Warren Buffett is now the richest man on the planet, surpassing previous winner Bill Gates. Riding on the success of his Berkshire Hathaway (NYSE: BRK), the personal fortune of Warren Buffett jumped by $ 10 billion over the past year, for a total of 62 million dollars, making it the most popular World investor also the world’s richest man, according to Forbes magazine. The $ 10 billion additional Buffett has earned enough to put... Read Full Story

Forbes Magazine just recently put out their list of the richest people again and it looks like Bill Gates has been dethroned from the position of richest man in the world by Warren Buffett. Currently Warren is worth about $62 billion and Gates is down to a measly $58 billion. If you are interested in learning about how Warren did it, you can watch some videos from Warren, read some quotes, or see some of the tips that I learned from him. And here are a few other interesting posts I read... Read Full Story