Warren Buffett “If a business does well, the stock eventually follows. ”
Barack OBAMA “You know, my faith is one that admits some doubt. ”
Former Vanguard guru is buying stocks »
By Miriam Hill Inquirer Staff Writer In a small office in West Conshohocken , a legendary stock market bottom feeder has been having a feast. John B. Neff, who racked up record gains as manager of Vanguard’s Windsor Fund over three decades, is buying stocks again. And while the actions of one person may mean [...]
Q&A with Mohnish Pabrai »
Taken from Ticker.com Mohnish Pabrai, the Managing Partner of the Pabrai Investment Funds, has outperformed market indices over the last nine years by consistently believing in concentrated value investing. Pabrai likes to hold fewer stocks positioned in industries that he understands well, paying attention to two key variables: the intrinsic value of a business and [...]
Buy American. I Am. »
This is the original buffett article that he worte in the NYtimes paper on October 16, 2008. By WARREN E. BUFFETT Published: October 16, 2008 Omaha THE financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning [...]
AIG executives continue the Lavish spending »
AP AIG executives spent thousands during hunting trip Wednesday October 15, 5:41 pm ET By Ieva M. Augstums, AP Business Writer AIG execs spent thousands during hunting trip even as insurer received additional Federal loan CHARLOTTE, N.C. (AP) — A handful of top executives from American International Group Inc. spent thousands of dollars during a [...]
The world according to Warren Buffett »
By DENISE MCNABB – BusinessDay.co.nz As financial firms collapse and sharemarkets gyrate, commentators and politicians are arguing over the why and what happens next. One man is shrewdly taking action – spending up large, taking keystone investments in flagship companies. Warren Buffett is the man of the moment, a man in his element. What makes [...]
After Bailout, AIG Executives Head to Resort »
Less than a week after the federal government offered an $85 billion bailout to insurance giant AIG, the company held a week-long retreat for its executives at the luxury St. Regis Resort in Monarch Beach, Calif., running up a tab of $440,000, Rep. Henry Waxman (D-Calif.) said today at the the opening of a House [...]
How Pabrai Is Weathering the Storm By StocksAvenue staff
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Taken from fool.com By Morgan Housel October 3, 2008 When I sat down recently with famed value investor Mohnish Pabrai, I got a chance to pick his brain on everything from the short-selling ban to his recent lunch with Warren Buffett. In part one of this series, I’d like to share Pabrai’s thoughts on the [...]
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