Warren Buffett’s Berkshire Blasts Benchmark S&P Over Decade
The church of Warren Buffett: Faith and fundamentals in Omaha - Harpers
By Mattathias Schwartz
The man sits alone in a room, on the fourteenth floor of a gray building. The man’s suit, his hair, the sky through the window, and the rows of figures sliding across the abacus of his mind—these too are gray, though each gray is of a different value. Against the wall stand rows of files containing data from the fifty-odd years of solitary room–sitting. The man drinks cola. He reads the paper. Every so often the phone rings and the man answers. Usually the answer is “no.” Long ago the man concluded that such quietude was optimal for making money. “Inactivity strikes us as intelligent behavior,” he once wrote. By “intelligent,” he meant “profitable.”
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In Year of Investing Dangerously, Buffett Looked ‘Into the Abyss’ - WSJ
Warren Buffett believes his best deals during the economy’s biggest belly flop since the Crash of 1929 may well turn out to be the ones he didn’t do.
Mr. Buffett slammed the door on one opportunity after another during the most harrowing stretch of his storied career. That impulse, he says, left him with the financial firepower he needed last month to strike the biggest deal he has ever done — Berkshire Hathaway Inc.’s $26.3 billion purchase of railroad Burlington Northern Santa Fe Corp.
Timeless and Time-Tested Warren Buffett Predictions
As a new year approaches, it is customary for journalists to make predictions about the future.
In keeping with Buffett’s long-term way of looking at things, Warren Buffett Watch offers eight predictions that are intentionally on the ‘timeless’ side of the prognostication spectrum.
In keeping with what’s becoming a holiday tradition, they are the same set of predictions we’ve offered for the past two years. We still stand by them.
With that in mind, here are Warren Buffett Watch’s ‘timeless’ predictions.
- Recessions can’t be avoided forever.
- We’ll survive current and future recessions just as we’ve survived past problems.
- Recessions will create opportunities.
- All stocks won’t be cheap.
- The crowd will make mistakes.
- Investors will mistakenly think falling stock prices are bad
- Good times will prompt bad decisions.
- There will be more dancing at another wild party followed by another painful hangover
Warren Buffett Beats Bill Gross in Global Poll as Investor With Most Wisdom
The Oracle of Omaha retains his pre-eminence as a market visionary, outshining a new wave of financial strategists and the best-known central bankers.
Billionaire investor Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., is regarded as the best assessor of financial markets by a plurality of almost one-fourth of respondents to the quarterly poll of investors, traders and analysts who subscribe to the Bloomberg terminal.
The closest runner-up, Bill Gross, the founder and co- chief investment officer of Pacific Investment Management Co., is chosen by 16 percent. Billionaire investor George Soros gets 10 percent, followed by Nouriel Roubini, the New York University professor who in 2006 predicted the financial crisis, and Marc Faber, publisher of the Gloom, Boom & Doom Report.
Top 10 paradoxes of Warren Buffett
Warren Buffett is different from the rest of the super-rich in many ways, large and small.
He makes investment sound simple and has a talent for explaining it to the public.
But, as his biographer, Alice Schroeder says in BBC Two’s ‘The World’s Greatest Money Maker: Evan Davis meets Warren Buffett’, his method is “simple, but it’s not easy”.
There’s more to the billionaire investor than meets the eye. However simple he’d like to make earning $40bn (£25bn) look, the Buffett story isn’t entirely straightforward.