Because being one of the world’s the richest just isn’t enough. Buffett has no plans of slowing down now that he’s finished radiation treatment for his non-life threatening prostate cancer, which he announced to newspaper executives on Friday. Speaking to executives working for his recently purchased newspaper empire, Buffett made the announcement that he finished his last day of radiation treatment. And, at 82, Buffett plans to be around for the foreseeable future. “Buffett joked with executives about planning live to be the oldest man alive,” reports the Omaha World-Herald.
Buffett style fashions Berkshire’s foreign deals (MarketWatch)
Three cheers for the red, white and Buffett. Few investors embody the patriotic spirit of the American heartland as much as Warren Buffett, with his folksy, down-to-earth wit, Nebraska roots and buy-American ideals. But that hasn’t kept the 82-year-old billionaire from bargain-hunting on distant shores. Yet even with his considerable investment acumen and resources, the chairman of conglomerate Berkshire Hathaway Inc. (NYSE:BRK.A) +0.11% BRK.B +0.16% has essentially played it safe by putting most of his international holdings in developed countries that have withstood both the euro-zone debt crisis and the global economic slowdown comparatively better than their peers.
Mary Buffett Addresses Omantel Corporate Customers (Zawya)
For the first in time in the Sultanate, Omantel corporate customers will be meeting tonight the global financial renowned speaker and best-selling author Mary Buffett speaking about ‘Global Trends and Financial Investment Strategy’. Around 300 top-level finance and business professionals, especially chief executive officers and chief financial officers, from Oman’s corporate sector have confirmed their presence to attend the meeting at Shangri-La’s Barr Al Jissa Resort. During this unique event which is part of Omantel Business Alliance meet, Buffett, who is also the daughter-in-law of the world’s most successful investor Warren Buffett, will address the ‘Global Trends and Financial Investment Strategy’. Mary Buffett is a highly popular and globally known as public speaker about financial investment strategies.
The gender jackpot (BangkokPost)
There must be something more than intelligence and shrewdness that made Warren Buffett an icon to investors the world over, seeing him through any number of tumultuous business cycles, panics and doubts on the Wall Street. Several books discuss Mr Buffett’s investment strategies with his Berkshire Hathaway holding company and the spectacular returns it has achieved, beating most stocks on the Standard & Poor’s 500 Index. But a new book looks to Mr Buffett’s temperament to distinguish him from average investors. Warren Buffett Invests Like a Girl: And Why You Should, Too uses neuroscience and a survey of women’s investment behaviours to find what Warren Buffett’s brain and those of women have in common.
Stocks for the Long Run: Royal Gold vs. the S&P 500 (DailyFinance)
Investing isn’t easy. Even Warren Buffett counsels that most investors should invest in a low-cost index like the S&P 500. That way, “you’ll be buying into a wonderful industry, which in effect is all of American industry,” he says. But there are, of course, companies whose long-term fortunes differ substantially from the index. In this series, we look at how individual stocks have performed against the broad S&P 500. Step on up, Royal Gold, Inc USA (NASDAQ:RGLD).
Don’t Be a Stock Market Racist, Not all are Created Equal (ValueWalk)
There is no shortage of pundits and prognosticators willing to offer their opinions (rarely based on facts) as to whether or not stocks are cheap or expensive, or as to whether the markets are going to rise or fall. In every case, the opinions and prognostications are directed as generalities such as stocks or markets. In this context, the implication is that all stocks are the same, and therefore will all behave in the same manner or in tandem. …Legendary investor Warren Buffett also shares a strong conviction against trying to predict markets or even worrying or fussing too much about macroeconomic concerns. We believe that most of what Warren preaches is common sense and that his behavior can be emulated by the general investor if they would only truly listen to his sage advice.
The biggest lie of Campaign 2012 (LVRJ)
Fact-checking of political speeches, interviews and campaign ads is all the rage in journalism. Squads of reporters are dissecting the details of this year’s election, day by day, policy by policy. In the presidential race, especially, every attack and counterattack goes through some kind of lie detector test. It’s a great, albeit imperfect, trend that helps hold candidates accountable – assuming voters actually pay attention. …Ah, but we’re forgetting all those vile millionaires and billionaires, the biggest targets of Obama’s class-warfare rhetoric. For them, Obama has proposed the “Buffett Rule,” named for guilt-ridden billionaire Warren Buffett and his desire to flush more of his fortune down the federal latrine. The Buffett Rule would require everyone with an adjusted gross income of at least $1 million to pay at least a 30 percent tax rate. Surely, that will get us a budget surplus.
Batteries put a charge into BYD’s fortunes (Omaha)
You probably have something made by BYD in your home or pocket and don’t even know it. That’s because BYD, the Chinese company that is 10 percent owned by Berkshire Hathaway Inc., makes nearly all of its million batteries a day for other companies, including cellphone makers Nokia, Samsung and Motorola, said BYD spokesman Micheal Austin of Chicago. So when you see “BYD” on a lime-green cylinder, it catches your eye. American consumers may be seeing more electronic goodies with the BYD brand, Austin said.
