http://damox.com/warren-buffett Tracking all news about Warren Buffett and his investments Tue, 15 Apr 2008 01:33:43 +0000 http://backend.userland.com/rss092 en 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 ... http://damox.com/warren-buffett/2008/04/15/the-political-books-warren-buffett-reads/ 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 ... http://damox.com/warren-buffett/2008/04/14/buffett-financial-statements-require-a-lot-of-guess-work/ I’d be a bum on the street with a tin cup if the markets were always efficient. - Warren Buffett The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable. - Warren Buffett These are just two of many Buffett gems found in this collection ... http://damox.com/warren-buffett/2008/03/17/a-small-collection-of-warren-buffett-quotes/ I found a great post over on DoughRoller.net comparing the investment value of Berkshire Hathaway stock versus a mutual fund. Although the popular holding company run by Warren Buffett may seem a lot like a mutual fund, there are some fundamental differences that can make Berkshire Hathaway the better investment. ... http://damox.com/warren-buffett/2008/03/17/why-you-should-be-buying-berkshire-hathaway-and-not-a-mutual-fund/ Warren Buffett has rode the waves of wise investments back to the #1 spot on Forbes annual list of the world's richest men. His personal wealth grew by $10 billion last year, from $52 billion to $62 billion. Mexican telecom mogul Carlos Slim came in second place with $60 billion ... http://damox.com/warren-buffett/2008/03/06/warren-buffett-back-on-top-of-forbes-richest-man-list/ Berkshire Hathaway CEO Warren Buffett is looking for a successor. No, he's not looking for someone to take all his money. He just wants someone to run his company when he's gone. The successful candidate for this job will have most of the skill that Warren Buffett possesses. Those include ... http://damox.com/warren-buffett/2007/03/02/warren-buffett-looking-for-successor/ I found this invaluable list of Berkshire Hathaway shareholder letters from 1977 through 2005. These will take a long time to read. I would suggest reading one per night for the next month. Really take your time with them. Buffett likes to keep things simple, so the ideas from these ... http://damox.com/warren-buffett/2007/01/31/berkshire-hathaway-shareholder-letters/ Yesterday, I looked at how Warren Buffett thinks. Today, we take a look at how he does it. Here are some of his preferred methods: Return on Equity = Net Income / Shareholder's Equity. Look at this stat over 10 years for a company. Yes, that does involve a lot of ... http://damox.com/warren-buffett/2007/01/30/how-warren-buffett-does-it/ I had to revisit the "How to Think Like Warren Buffett site, because I think it's a great resource for investors everywhere. The ideas behind Buffett's investments are much more important than their names or even how they performed in the long run. Trying to copy Buffett's success by investing ... http://damox.com/warren-buffett/2007/01/29/thinking-like-warren-buffett/ Warren Buffett is very rich. Even after giving away most of his fortune to the Bill and Melinda Gates Foundation, he's still worth billions of dollars. Don't say that he just gave that money away for the tax write-off. Buffett's never been about that kind of thing. He doesn't hire ... http://damox.com/warren-buffett/2006/11/28/warren-buffett-wants-higher-taxes-for-himself/