Editor’s Note: Related tickers: Berkshire Hathaway Inc. (NYSE:BRK.A), BlackRock, Inc. (NYSE:BLK), Facebook Inc (NASDAQ:FB), Suncor Energy Inc. (USA) (NYSE:SU)
New ETF Puts Warren Buffett’s Approach to Work (ETFTrends)
A new ETF that tries to identify high-quality companies uses many of the same investing principles as Warren Buffet. “Does the newly launched iShares MSCI USA Quality Factor (NYSEArca: QUAL) capture some of Buffett’s essence? I dare say it does. Now, I’m not claiming you’re going to get Buffett-like results by owning this fund. It’s a pale imitation of the real thing,” writes Morningstar ETF analyst Samuel Lee in a commentary posted on the firm’s website Friday. “However, it’s clear that MSCI took its inspiration from all the right places when it devised the index.” [iShares Launches ‘Quality Factor’ ETF] BlackRock, Inc. (NYSE:BLK) launched QUAL in July. The fund is one of four ETFs the firm has introduced that weight individual companies by economic factors, rather than by market capitalization like most traditional stock benchmarks.
Should Warren Buffett Buy Nasdaq? (TheStreet)
Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) was a reported bidder for NYSE Euronext (NYX_) ahead of the company’s eventual merger with IntercontinentalExchange (ICE_). Maybe the “Oracle of Omaha” should now turn his eye toward Nasdaq (NDAQ_), after the exchange was again crippled during a three-hour trading freeze on Thursday. Buffett, who recently said his investing conglomerate is “the 1-800 number when there’s really sort of panic in markets,” may be the right buyer to restore confidence in Nasdaq after the exchange suffered through a May 2010 “Flash Crash” and was hamstrung by software glitches in Facebook Inc (NASDAQ:FB)‘s initial public offering.
Tycoons who won’t leave their money to their kids (Stuff)
A growing number of mega-wealthy business people and entertainers have pledged to give away the bulk of their fortunes rather than leave their money to their children. …As an incredibly wealthy investor and philanthropist, Buffett has pledged to give away 99 per cent of his wealth, either during his life or when he dies. He started by promising 83 per cent of it to the Gates Foundation, according to FORTUNE Magazine.
Think like Warren Buffett (CBS8)
Back in 1999, Robert G. Hagstrom wrote a book about the legendary investor Warren Buffett entitled “The Warren Buffett Portfolio”. What’s so great about the book, and what makes it different from the countless other books and articles written about the “Oracle of Omaha”, is that it offers the reader valuable insight into how Buffett actually thinks about investments. In other words, the book delves into the psychological mindset that has made Buffett so fabulously wealthy. Although investors could benefit from reading the entire book, we’ve selected a bite-sized sampling of the tips and suggestions regarding the investor mindset and ways to improve stock selection that will help you get inside Buffett’s head.
Let’s Raise the Next Generation of Warren Buffetts! New Book Teaches Kids Warren Buffett’s Secrets to Success in Business and Life (NewsDay)
Most of us know who Warren Buffett is; the most successful investor in the world—maybe of all time. But what do we know about his approach to business and investing? It’s an approach that, over the past four decades, has made him one of the most respected men in the world. Buffett himself says that at the heart of any wealth-building system there are certain core beliefs, not just about finance, but also about business, work, morality, responsibility to oneself, family, and society, and about living a decent life. If we can learn that approach, and better yet, teach it to our children, can we raise the next generation of Warren Buffetts?
Should You Follow Warren Buffett Into This Energy Stock? (DailyFinance)
The Oracle of Omaha is looking north of the border for investment opportunities. Last week, Warren Buffett revealed through a regulatory filing that he has accumulated a stake of 17.8 million shares in Canada’s largest energy producer Suncor Energy Inc. (USA) (NYSE:SU). Yet in spit of shares rising sharply in recent months, it’s not too late to follow Buffett into this high quality oil and gas company. …Above all Warren Buffett demands that his business managers be good allocators of capital. In this respect, Buffett likes what he sees in Suncor’s new chief executive Steve Williams. Mr. Williams is shifting away from his predecessor’s aggressive growth philosophy in favor of creating a more disciplined company.
How To Invest Like A Berkshire Insider (iStockAnalyst)
We all have a fantasy we’d like to see come true. For some, it’s being in your favorite football team’s locker room during the coach’s inspiring halftime speech. For others, it might be a backstage pass to a legendary musician’s concert. Nothing so pedestrian for us. Instead, we ask: What if you could be inside Berkshire Hathaway Inc. (NYSE:BRK.A)’s boardroom and see how its directors vet potential companies for investment? Luckily, that’s not just a pipe dream — there’s a way we can find out. Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) recently disclosed its holdings through a 13F filing with the Security and Exchange Commission (SEC).
Warren Buffett’s bubble cash-out strategy (FinancialPost)
Here is Warren Buffett’s pension fund management advice in a nutshell: Be patient, buy only a few things, ignore the stock market until it becomes irrationally optimistic, at which point sell. A recently released 1975 letter from Buffett to Washington Post owner Katharine Graham on the subject offers new insight into how early Buffett was to grasp both the difficulties of pension fund management and the inability of Wall Street to provide adequate solutions.
