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...WARREN BUFFETT The Berkshire Hathaway guru prefers companies like Wrigley's because the Internet won't "change how people chew gum." Currently down only $4 billion. WAS WORTH: $32 billion in 1999 NOW WORTH: $27.6 billion PAUL ALLEN Microsoft co-founder quits board of directors last month to focus on Web ventures, some of which Pop.com WebHouse) have been real duds. WAS WORTH: $22.4 billion in December in Microsoft stock NOW WORTH: $12.4 billion...
RECOVERING. WARREN BUFFETT, 69, homespun multibillionaire; after colon surgery to remove noncancerous polyps; in Omaha, Neb. The operation was made public to prevent rumors that could have affected his company's share price...
...exactly charismatic Senator with a good track record on education and environmental issues. This isn't his first experience as a potential running mate. Gore aced him out in 1992. In 1988 Michael Dukakis came calling but discovered Graham had played an adulterous husband in a Jimmy Buffett video called Who's the Blonde Stranger? Graham confessed that he had perhaps shown poor judgment. But that wasn't the problem. "They were concerned I hadn't listed any payment on my financial-disclosure form," Graham says. "But Jimmy never paid me a dime...
That doesn't mean it's haunting Wall Street. On the contrary, after a few years of dismal performance, the stocks of electric utilities--traditionally viewed as boring, safe investments more akin to bonds--have heated up this year, gaining around 5% in a choppy market. Warren Buffett and Bill Gates have made bets on the sector, investing in MidAmerican Energy and Avista, respectively. Stodgy, flat-footed utilities aren't going bankrupt, as predicted, but restructuring to tap the competitive markets. Given their background, though, it's not an easy switch. "These companies didn't consider themselves to have customers...
Corzine has yet to master public speaking or the nuances of public policy, but he has emerged as more than a human checkbook. A mix of Mister Rogers and Warren Buffett, he talks softly and lives simply in a plain house in Summit. He earned his money the old-fashioned, pre-dotcom way, as one of the most successful, nerves-of-steel bond traders in Wall Street history. A Phi Beta Kappa graduate of the University of Illinois and a former Marine, he worked his way through the University of Chicago's business school and up the ladder at Goldman...