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Warren Buffett said something about winners
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Warren Buffett
Buffett favors the inheritance tax, saying that repealing it would be like "choosing the 2020 Olympic team by picking the eldest sons of the gold-medal winners in the 2000 Olympics". ... From a NY Times article: "I don't believe in dynastic wealth," [Warren Buffett] said, calling those who grow up in wealthy circumstances "members of the lucky sperm club." -
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Sam Nunn
He gained a reputation in our country and, indeed, worldwide as a global thinker, and that is where I think he will make his greatest contribution in the years to come, wherever he may be, in terms of being a global thinker. ... In an interview with CNBC on August 22, 2008, billionaire investor Warren Buffett said that he favored Nunn as Obama's choice for Vice President. -
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The Superinvestors of Graham-and-Doddsville
Jensen argued that a simple coin tossing experiment among a large number of inverstors would generate a few successive winners, and the same happens in real financial markets. ... Buffett then proceeds to present nine successful investment funds. -
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June 2006 in the United States
The world's second richest man, Warren Buffett, pledges to donate approximately $37 billion USD in shares to the Bill & Melinda Gates Foundation, effectively making it the largest charitable organization in history. ... Dwyane Wade scores 36 points and has 10 rebounds as Miami wins its first NBA championship in franchise history in six games, and is named Finals MVP. -
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Berkshire Hathaway
As Buffett said in his 1995 shareholder letter: ... General Re — Berkshire acquired General Re in December 1998. -
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Shakira
The charity was able to collect US$ 200 million from philanthropists Carlos Slim, Mexico’s richest man, and Howard Buffett, son of U.S. investment guru Warren Buffett, the singer announced on April 15, 2008. ... Grammy Award winners -
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Paulson financial rescue plan
To assist with liquidity throughout the system, the Treasury and Federal Reserve Bank announced that banks could obtain funds via the Federal Reserve's Discount Window using ABCP as collateral. ... Warren Buffett said he wholehearedly supported the plan. -
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The Snowball: Warren Buffett and the Business of Life
The Economist gave the book a generally positive review, although it said that "Mr. Buffett’s collected essays and annual reports would be a better place to start" for those interested in finding out more about the man. ... Although the media track him constantly, Buffett himself has never told his full life story. -
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Subprime crisis impact timeline
September 29: Emergency Economic Stabilization Act defeated 228-205 in the United States House of Representatives; Federal Deposit Insurance Corporation announces that Citigroup Inc. would acquire banking operations of Wachovia. ... Warren Buffett and George Soros criticized the original approach of the bailout bill. -
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Derivative (finance)
The possibility that this could lead to a chain reaction ensuing in an economic crisis, has been pointed out by legendary investor Warren Buffett in Berkshire Hathaway's annual report. ... Although someone loses money while someone else gains money with a derivative, under normal circumstances, trading in derivatives should not adversely affect the economic system because it is not zero sum in utility.
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Warren Buffett said something about winners