Archive for April, 2008



The Political Books Warren Buffett Reads

Tuesday 15 April 2008 @ 1:33 am

Warren Buffett isn’t all about finance and investing. He is often quiet in his political beliefs, but his interest in politics spans back decades. He even surprised some by giving a public endorsement of presidential candidate Barack Obama recently (that should say something to those who wonder about Obama’s fiscal policies). Here are 6 political books that Warren Buffett recommends:

  1. In an Uncertain World: Tough Choices from Wall Street to Washington by Bob Rubin
  2. Nuclear Terrorism: The Ultimate Preventable Catastrophe by Graham Allison
  3. The Audacity of Hope: Thoughts on Reclaiming the American Dream by Barack Obama
  4. Will America Grow up Before it Grows Old : How the Coming Social Security Crisis Threatens You, Your Family and Your Country by Peter G. Peterson
  5. Epidemic of Care: A Call for Safer, Better, and More Accountable Health Care by George C. Halvorson

Five (or Six) Political Books That Warren Buffett Recommends | Business Pundit




Buffett: Financial Statements Require A Lot Of Guess Work

Monday 14 April 2008 @ 3:32 am

In his annual report for Berkshire Hathaway, top investor Warren Buffett acknowledged that financial statements require a degree of guesswork. Buffett has made a fortune looking at financial statements and balance sheets and predicting the future direction of companies, but he is now making it clear that not all the information is out there, and sometimes we just have to make a guess that makes the most sense.

For more information from the Berkshire Hathaway Annual Report, refer to the companies website. You’ll find this year’s annual report, along with reports from past years. Unlike most annual reports from big companies, Berkshire reports are actually an education read for both novice and expert investors.

Sunday Funnies: Buffett makes his best guess - BloggingStocks