Warren Buffett
Warren Buffett is considered one of the greatest investors of all time. Through his Berkshire Hathaway (NYSE: BRK.a) holding company, Buffett has accumulate great wealth, and in 2007 was number 3 on Forbes list of richest people in the world, behind Bill Gates and Carlos Slim.
Over the last 44 years (1965-2008), the book value of Buffett's Berkshire Hathaway has grown from $19 to $70,530 - 20.3% compounded annually. The overall gain for the time period is 362,319%, versus 4,276% for the S&P 500. 2008 was Mr. Buffett's worst year ever due to the housing, credit and stock market meltdowns. He lost 9.6% decline in per-share book value in 2008. His only other losing year was 2001 with a 6.2% drop.
Buffett is often called the "Oracle of Omaha". Buffett is from Omaha, Nebraska and continues to operate from there.Buffett is also a great philanthropist. In 2006, Buffett made plans to give a vast majority of his wealth to the Bill and Melinda Gates Foundation. Buffett and fellow billionaire Bill Gates have become good friends over the years in part due to their love of the card game bridge. Check out Warren Buffett's portfolio here.
Success By Ten tells the personal story behind the building of a billion-dollar business GIG HARBOR, Wash.--(BUSINESS WIRE)-- George F. Russell, Jr., who built a billion-dollar global investment services firm on a foundation of 10 personal principles, has written a book explaining the inside story of how these simple lessons guided him and others toward success. Success By Ten: George Russell's Top Ten Elements to Building a Billion Dollar Business (Wiley; December 2009;$24.95), describes the origins, risks, and decision-making involved in development of Frank Russell Company, the pioneering pension ...
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Here is a recap of the top news items from this week on Wall Street:
1. Dell (Nasdaq: DELL) shares tumbled more than 9% on Friday following a Q3 earnings miss, reported on Thursday after the close. Traders had been bidding up the school prior to the results as Dell's turnaround story has been a hot tech story recently.
2. Treasury Secretary Timothy Geithner was grilled on Capitol Hill this week, taking on a flurry of questions -- maybe even accusations -- related to his role in the financial crisis. Several members of Congress even went as far as asking Geithner to step down from his position.
The Federal Energy Regulatory Commission, or FERC, launched an investigation today of Natural Gas Pipeline Company of America LLC, Northern Natural Gas Co. and Great Lakes Gas Transmission L.P. to determine whether the companies are over-recovering costs, causing rates to be unjust and unreasonable. higher than what's allowed, the commission said.
“Protecting consumers against unjust and unreasonable rates is a fundamental responsibility of the Commission under the Natural Gas Act,” said FERC Chairman Jon Wellinghoff. “Launching these ...
NEW YORK, Nov. 20 /PRNewswire/ -- Billionaires, millionaires, media personalities, and just plain folk will join forces to support the Mercy Corps Action Center to End World Hunger on Tuesday, December 8th at the Magic4Mercy Benefit featuring the world-renowned magician/mind reader/illusionist extraordinaire Steve Cohen. Proceeds from the event, which will begin at 7:00 p.m. with a champagne reception, will benefit the Action Center, opened ...
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In Memory of Patrick Swayze, Songwriter Encourages People to Throw Away Cigarettes - and She'll Give You Her New CD - Free!
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Form SC 13D/A BURLINGTON NORTHERN SANT Filed by: BERKSHIRE HATHAWAY INC
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 18 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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Bill & Melinda Gates Foundation Commits $335 Million to Promote Effective Teaching and Raise Student Achievement
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Bridgeline Wins 2009 MITX Interactive Award
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 17 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 16 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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Goldman Sachs Launches 10,000 Small Businesses Initiative
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Simpad's New 3D CAD, "Building Information Modeling" Service to Debut at 2010 International Builders' Show
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Warren Buffett and Goldman Sachs to Team Up and Help Out Small Businesses
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Goldman Sachs (GS) to Ally with Buffett in Aiding 10,000 Small US Businesses
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Strathmore to Host 20,000 Montgomery County Second-Graders for Special Music Events Nov. 17-19
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Arby's Beefs Up Relationship with McLane for Texas Market
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Barclays Upgrades Exxon Mobil (XOM) to Overweight
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GEICO names John Zinno vice president and head of GEICO Insurance Agency
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GEICO names Martha Furnas vice president
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Buffett Adds To His Stakes In World's Largest Retailer and Oil Company, Takes A Tip From His Friend On Garbage
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Buffett's Raised His Stake in Wal-Mart Stores (WMT) By 17.9M Shares
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Buffett Discloses Exxon Mobil (XOM) Stake After Confidential Treatment with SEC Expires
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 13 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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Warren Buffett shows news stakes in Exxon Mobil (XOM) and Republic Services (RSG)
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Form 13F-HR BERKSHIRE HATHAWAY INC For: Sep 30
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Walmart and Garanimals Announce New Line of Play & Learning Pre-School Toys
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Exxon Mobil (XOM) Spouts Value
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American International Industries, Inc. Signs LOI With Water Desalination Technology Company
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American International Industries, Inc. Reports Significant Improvement in Operating Results for the Nine Months Ended September 30, 2009
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 12 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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Best of the Web 11/13: Dimon, Buffett/Gates, World's Most Powerful, No Christmas Party for Goldman
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GEICO Gecko Turns Up the Buzz on Disney's "The Princess and the Frog"
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 10 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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Benjamin Moore Helps Define the Color of the Universe
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Clicker.com Announces Public Launch of Complete Programming Guide for Internet Television
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Updated Letter to Shareholders on B GREEN INNOVATIONS, INC.
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Gates Foundation Provides $30 Million Credit Support Agreement to Secure $300 Million in Charter School Facility Financing
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 09 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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GEICO Hosts Open Interviews for Sales Careers in Buffalo on November 11
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Annaly Capital Management Announces Monthly Commentary for October
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Bridgeline Releases iAPPS Commerce
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 06 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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GEICO Puts CAT Teams on Standby Throughout Gulf Coast Region for Tropical Storm Ida
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Buffett's Berkshire To Sell 9.6M Share Stake in Union Pacific (UNP) and 1.9M Share Stake In Norfolk Southern (NSC)
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Government Extension of Existing Tax Credits, Creation of New Benefits, Positive Step for Residential Real Estate Market, says HomeServices of America, Inc.TM
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Research and Markets: This Report Provides in-Depth Company Profiles for Insurance Companies Ranked in the 2009 Fortune Global 500 List
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Berkshire Hathaway Inc. News Release
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Form 10-Q BERKSHIRE HATHAWAY INC For: Sep 30
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Top 10 News Items 11/02-11/06: Unemployment Rate Now Over 10%, Fed to Keep Rates 'Exceptionally Low' for 'Extended Period', Buffett Does the Biggest Deal of His Life
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Form 4 BERKSHIRE HATHAWAY INC For: Nov 05 Filed by: BILL & MELINDA GATES FOUNDATION TRUST
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American International Industries, Inc. Plans to Expand Into Water Purification and Desalination Business
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Shareholders Foundation Announces Lawsuit Against Burlington Northern Santa Fe Corporation Board of Directors
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A.M. Best Places Ratings of Berkshire Hathaway Inc.'s Subsidiaries Under Review with Negative Implications
