Word: buffetts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Warren Buffett left billions of dollars on the table by never splitting the stock of his company? It sure seems that way. In the past few weeks, dozens of firms from Internet darling eBay to Xerox to Microsoft have announced splits and watched their stocks soar. Last week athletic-shoe company K-Swiss joined the fun by announcing healthy earnings and a 2-for-1 split. Its shares jumped 23%. To the same point, when Cisco Systems on Feb. 2 posted earnings that beat Wall Street estimates but failed to declare an expected stock split, its shares dropped...
Investing in brand-name consumer products, once the buy-and-hold, sleep-at-night formula for riches, has lost much of its appeal. Just compare the performance of Berkshire Hathaway, the repository of great American brands assembled by legendary investor Warren Buffett, with that of Bill Gates' Microsoft--or Dell or Intel. Is Coke no longer "it"? Have brands like American Express and Disney lost their luster? What has caused Buffett-style consumer brands to lag behind the big tech stocks...
...Which of the following authors is among the only six ever to reach the No. 1 spot on both the New York Times's fiction and nonfiction best-seller lists? (a) Tom Wolfe (b) Jimmy Buffett (c) John Grisham (d) Truman Capote
...that most people don't read them, and those who do discount the "risk factors" as the overprotective drivel of some lawyer. How else to explain soaring Internet IPOs despite pages spelling out potentially fatal risks? Addressing this issue in his 1996 IPO of Berkshire Hathaway B shares, Warren Buffett in bold letters urged all to read the material and "ignore anyone telling you that these statements are boiler plate or unimportant." That's a start. But be ready to check further...
...status symbol. Why? Mainly because in the 1990s the prestige of commerce and the glamour of money have soared along with the economy. This explains why zillionaires are wanted to endorse products and helps explain why they would do such a thing. There are other reasons, of course. Buffett and Lynch are both pushing products of their own companies. Those I'm-the-wonderful-CEO ads are also justified as being good for the company--at least in the CEO's own swollen head. There has been published speculation that Gates made the golf-club ad in order to seem...