Archive for October, 2009
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.

