warrenbuffett
Monday marks the start of the Chinese New Year -- the Year of the Water Dragon, to be precise, which comes around every 60 years. In Chinese culture, the dragon is seen as "a mystical and auspicious creature." Accordingly, this year is expected to be lucky, even transformational.
Buffett's Firm Buys About $10.7B in IBM Shares
2:22PM 11/14/2011
In an interview with CNBC on Monday, Warren Buffett said his company bought about $10.7 billion of IBM stock this year, giving it a stake of more than 5 percent in the technology company. Berkshire Hathaway Inc., planned to file a full quarterly update on its U.S. stock portfolio Monday afternoon.
The capital of Pennsylvania just fell into bankruptcy. What? You didn't hear? Neither did the financial markets -- yet. The day after Harrisburg bit the bullet, the Dow barely trembled, while the Nasdaq actually rose slightly. But two of our smartest investors seem to think this is a very big deal indeed.
Billionaire investor Warren Buffett revealed Tuesday that his adjusted gross income last year was $62,855,038. His taxable income was $39,814,784. Buffett said he paid $15,300 in payroll taxes.
Is It Time for Investors to Bail on Warren Buffett?
1:30PM 9/26/2011
Berkshire Hathaway is buying back its own shares. But Buffett's latest move is unlike most repurchasing plans, and investors will do well to inspect it closely for clues on what it might suggest.
Younger voters are weighing in extremely positively on President Obama's proposal to tax millionaires another $1.5 trillion over the next 10 years. According to a new survey, 80% of Americans under the age of 30 strongly support the move, while less than 9% oppose it.
The nation's wealthiest are worth a combined $1.53 trillion, according to Forbes. And while there are many familiar faces on this year's list of the richest Americans, a younger group of entrepreneurs are marching their way up the ranks.
Why Taxing the Rich Is Good for America
10:30AM 8/24/2011
Last week, Warren Buffett wrote an incredible opinion piece in The New York Times asking the government to raise taxes on the wealthiest Americans, himself included. "My friends and I have been coddled long enough by a billionaire-friendly Congress," he argued, and he's not alone in that view.
Men and Women on Money: Dual Surveys Reveal Surprising Differences
5:00PM 7/26/2011
Retirement, Media, News Corp, Family Money, Personal Finance, Saving Money
Men's lifestyle website AskMen's Great Male Survey polled men on a host of subjects: Careers, relationships and -- most important for us at DailyFinance -- their financial opinions. Then they teamed with Cosmopolitan to get the female point of view. And some of the gender disparities were pretty striking.
How to Tell the Difference Between a Value Stock and a Value Trap
3:00PM 7/11/2011
By Chuck Saletta, The Motley Fool
Investing, Google , Microsoft, Apple, McDonald's, Cisco Systems, Investment
A high-growth, rapid innovator like Apple is hardly the sort of stock you'd expect to find in a value investor's portfolio. Nevertheless, value investing guru Bill Nygren runs a mutual fund that owns some Apple shares. Find out why some tech stocks are appealing to value investors now.
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