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.
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GLENDALE, CA -- (MARKET WIRE) -- 06/30/09 -- The expected long and costly battle over the Michael Jackson estate could have been avoided had the pop star filed a living trust for his family, a leading estate planning attorney said today. And depending on the amounts of Jackson's assets and debts, there is a strong possibility that the star's three children might get nothing, said attorney William G. Wais. At the time of this press release, no evidence has surfaced regarding Michael Jackson having a living trust. "A will does not go far enough to protect your family. Without a living trust, the estate is now subject to a very costly probate exercise," Wais said ...
LONDON--(BUSINESS WIRE)-- A unique Special Situations research company that masters in both tracking and analysing every corporate Spinoff around the World is to launch in Europe tomorrow. Interestingly, they launch with a 50 page research note covering the UK based FTSE 100 Life Insurer, Friends Provident and the Spinoff of its subsidiary, F&C Asset Management. They believe the market is understating the potential growth of the company and highlight the embedded value of Friends Provident, talking their thoughts on the market's misconception and some extremely interesting directors' involvement. ...
MIAMI, June 29 /PRNewswire-USNewswire/ -- Karl W. Miller a senior energy executive and institutional investor today issued the following statement through his advisors, regarding the state of the U.S. renewable energy and the cap-and-trade bill, called the American Clean Energy and Security Act recently passed by the Congress. What crisis you might ask could be brewing in the renewable and green energy sector? After all, it is seemingly the hottest investment sector in the capital markets, green is en vogue, and anything with the word "renewable" attached to it is politically palatable these days. Washington is throwing money out the door faster than the renewable market can deploy it. Recent Washington packages include: -- The $780 billion stimulus package offers incentives, with $94.1 billion worth of programs targeting renewable energy over 10 years. They include ...
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Business Wire Partners with ITDatabase, Offering Clients Access to a Comprehensive Media Contacts Database for the Technology Industry
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Notable Analyst Rating Changes 6/29: DFS, LYG, TRW, BCS, JCP Upgraded; AA, SNY, BIIB, WW Downgraded
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KBW Starts Coverage on Buffett's Berkshire Hathaway (BRK/a) at Outperform
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Research and Markets: This Latest Property and Casualty Insurance in the US Report Provides an Essential Overview of the Industry
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New partnership: Business Wire disseminates news for the IAA 2009
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Berkshire Hathaway (BRK/B) options listed on Chicago Board Options Exchange (CBOE)
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Eliot Spitzer Opens Up to Entrepreneurs' Organization, New York Chapter
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KB Home to Use Environmentally Friendly Recyclable Carpet Exclusively in All New Homes
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Unum's overall value, strong customer service earn high marks in customer satisfaction report
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Report Refutes Opposition's Claims Regarding Legislation to Prevent Loss of U.S. Tax Revenues to Offshore Tax Havens
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National Policy Organizations Launch Intensive Efforts to Address the Nation's Low College Completion Rates
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Auction for a Power Lunch with Warren Buffett
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A Random Yet Essential Tween Trends Survey of Today's Media Space Via My Kids
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China Crescent Enterprises, Inc. Issues Update on YTD Progress to Increase 2009 Sales, Profit and PPS After Reporting $40 Million 2008 Revenue With $600K in Net Income
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Gullible Consumers May Get Gored on Gold Price: Sellers Beware
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Rittenhouse Rankings CEO Candor(SM) Survey Confirms Only 16 Percent of CEOs Offer Balanced Outlook Disclosure
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Reportlinker Adds US Industrial Fasteners market
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Fleetwood's Trendsetter Military Homes Business Sold to Clayton Homes
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Form SC 13G BERKSHIRE HATHAWAY INC
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Reportlinker Adds US Reinforced Plastics Market
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Benjamin Moore Helping Retailers Customize Web Sites with Virtual Store Fronts Program
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Rolex: Melrose Diamonds Announces the 10 Best Preowned Rolex Watch Values on Its Website MelroseDiamonds.com
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A.M. Best Affirms Ratings of North American Casualty Group and Its Members
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A.M. Best Affirms Ratings of GEICO
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A.M. Best Affirms Ratings of National Indemnity Group and Its Members
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A.M. Best Affirms Ratings of Berkshire Hathaway Homestate Companies and Its Members
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Group 1 Automotive Stockholders Re-Elect Hesterberg and Raff as Directors
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What American Business Leaders Can Learn From Pirates
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David Moenning's Daily State of the Markets: 5/18
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Reportlinker Adds World Beds and Mattresses Market Report
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Reportlinker Adds World Railroads Market Report
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Warren Buffett Raises Stakes In Two Banks (WFC, USB), and Buys More J&J After Selling Last Qtr
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Warren Buffett cuts his position in United Health (UNH) to 4,500,000
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Warren Buffett raises his stake in US Bancorp (USB), by about 1 million shares
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Warren Buffett maintains stake in Procter & Gamble Co. (NYSE: PG) after selling last quarter
