| Billionaire Buffett to visit China's BYD Co. Sept. 27 | At the invitation of BYD, the famous stock guru and BYD stockholder Warren Buffett will the company on Sept. 27 during his China visit. He will first inspect BYD’s production base in Shenzhen and then Beijing, Changsha and Huizhou. He is scheduled to return to the United States on Sept. 30, Shanghai Securities News reported Tuesday. |
| The Bank Of England Backs Buffett | In short, beginning with a quote from Warren Buffett -- "I often make more money when I am snoozing than when I am active" -- it makes a powerful case for patience, not short-termism, when it comes to investing. Long-term buy and hold, it seems is back in favour -- at least with the regulators at the Bank of England |
| Warren Buffett's talk to MBA students - Video!!! | In this free-wheeling speech, he starts with a brief note on Integrity and went for full one hour Q&A with MBA students. The Q&A ranges from Japan's 1% lower interest rate at that time, his candid opinion on LTCM, Solomon experiences, Circle of Competence, Moat around the castle, power of Coca-Cola, Time is a friend of good business like See's Candies and concludes with his famous ovarian lottery story. Twelve years has passed and nothing changes, e'thing he talks are still applicable. It all reiterates the same thing - they are the corner stones of principles in Investing.
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| Chinese billionaires shun Gates-Buffett's philanthropy dinner | BEIJING: Chinese billionaires, who in terms of numbers emerged second only to the US, have shunned the invitation of two of the world's richest men Bill Gates and Warren Buffett for a charity get together here later this month for a fear of parting with their hard-earned riches. |
| Buffett and Gates on Chinese mission | Having persuaded many of their billionaire peers in the US into giving away chunks of money, Bill Gates and Warren Buffett are travelling to China to host newly minted Chinese tycoons to sell them on the value of philanthropy. |
| The Stocks of Warren Buffett - Wells Fargo | Warren Buffett has Wells Fargo as his second largest holding after Coke. He has nearly doubled his stake from 170 million shares in 2005 to 320 million this year. Wells presently trades for less than what it was in 2005, but had been paying close to a 4% dividend prior to the financial crisis. Buffet seldom comments on his minority stock holdings, but he did discuss Wells Fargo in the 1990 shareholder letter. |
| Warren Buffett's advice | It’s from Warren Buffett’s 1996 letter to Berkshire Hathaway shareholders, and here’s what it says:
“Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, 10 and 20 years from now...” |
| Berkshire Won't Budge on Wesco Bid | Warren Buffett's Berkshire Hathaway Inc. said the price it is offering to pay for the shares it doesn't own in its subsidiary Wesco Financial Corp. is "fair" and it doesn't intend to pay more to boost its ownership in Wesco to 100%. |
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