Warren Buffett “If a business does well, the stock eventually follows. ”
Barack OBAMA “You know, my faith is one that admits some doubt. ”
A “normal” dividend policy, of course – one-third of earnings paid out, for example – produces less extreme results but still can provide lush rewards for managers who achieve nothing. CEOs understand this math and know that every dime paid out in dividends reduces the value of all outstanding options. I’ve never, however, seen this [...]
In case you are wondering who insures your brokerage account in case of fallout to the brokerage firm or the bank holding your brokerage account, the answer to that is not the FDIC; it is the SiPC. The FDIC, Federal Deposit Insurance Corporation, Insures deposits and promotes safe and sound banking practices. The FDIC insures [...]
‘There are great values out there now,’ says octogenarian founder of Third Avenue Management SHIRLEY WON FUNDS REPORTER September 18, 2008 TORONTO — Marty Whitman, the octogenarian dean of deep-value investing, sees great bargains to be snapped up from the current stock market meltdown. “It’s a great time,” enthused the 83-year-old founder of New York-based [...]
Times Money offers an insight into the thinking of the Sage of Omaha From Times Online September 17, 2008 Mark Atherton Buffet’s mentors Warren Buffett studied stock market analysis at Columbia University , in New York , under the wing of Benjamin Graham who was, until the arrival of Buffett, perhaps the greatest thinker on [...]
By MARTIN CRUTSINGER, AP Economics Writer Sat Sep 20, 5:25 PM ET WASHINGTON – The economy could suffer a massive hangover from the government’s efforts to rescue the financial system in the form of a soaring debt burden. But the alternatives look infinitely worse. The $700 billion the administration is seeking from Congress as the [...]
September 16, 2008 18:56 IST Rediff news Failed American investment bank Lehman Brothers, voted the best in the business many times, is rumoured to have made a distress call to Warren Buffett to rescue it, but the legendary investor politely hung up as he did not see good returns. Days before filing for bankruptcy protection [...]
Another nice article I read at the Motley Fool: By Motley Fool Staff September 9, 2008 Some of the most profound, insightful thoughts in business aren’t that complicated. Heck, a lot of them are clear as day. You might be surprised at how much you can take away from something as simple as a one-line [...]
Nice article I read on Motley Fool: By Motley Fool Staff September 8, 2008 When you mention Benjamin Graham, Warren Buffett, and value investing in the same conversation, you’re likely to get everyone nodding and going along with what you say. That’s because agreeing with a philosophy is the easy part. But actually understanding and [...]
August 25th, 2008 by James Cullen Last Friday, Warren Buffett was on CNBC for several hours in the morning answering questions on all sorts of topics with his usual reserved wisdom. If only I could get Warren to speak with me for three hours… One of the big revelations was that Buffett has been adding [...]