Word: buffett
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...would have thought that under the hard business exterior of mega-investor Warren Buffett lies the soul of a wannabe rocker? A surreal video making its way around the Net shows Buffett doing his best imitation of Guns N' Roses rocker Axl Rose, complete with waist-length hair, a purple bandanna, a black leather jacket and Axl's signature red plaid kilt from the '80s - all as part of an eye-catching video for Geico, the auto-insurance company owned by Berkshire Hathaway. And Buffett sings too. O.K., he attempts to sing. (See the best Super Bowl commercials...
...there is another, even simpler warning for the U.S. economy as we face our own deficit issues. "It's only when the tide goes out that you learn who's been swimming naked," investor Warren Buffett has said. The U.S. has none of the currency difficulties of the PIGS. We do have a government deficit expected to hit 10.6% of GDP this year and a total federal debt that will cross 100% of GDP in 2012, according to White House projections. The rolling crisis of the past three years has been an embarrassing exercise in exposing the financially underclothed...
...food giant Kraft has reached an agreement to buy 186-year-old British confectioner Cadbury for $19.5 billion, ending months of resistance and rejected offers. But the takeover has left a bad taste for British citizens upset at the sale of a national icon--and for Kraft shareholder Warren Buffett, who criticized the purchase. If finalized, the deal will make Kraft the largest player in the global candy market, displacing Mars...
...were at the beginning of the decade? For most of us, the answer is a resounding no. Let us count the ways. For one thing, the stock market is down 26% since 2000, making this the worst decade for stocks. (Inflation-adjusted, it's even worse.) I remember Warren Buffett telling me at the beginning of the decade that there was no way the go-go returns of the 1990s were going to continue and that we had better get used to meager returns going forward. Buffett saw it coming. (See 25 people to blame for the financial crisis...
...more of a Warren Buffett approach - there are good times in business and bad times," says Brennan. "But this one just came like a tsunami - we were so busy we didn't see it coming...