Where enlightened investors compare notes.
Mr. Sokol could be the next CEO of Berkshire Hathaway
Mr. Sokol could be the next CEO of Berkshire Hathaway:
60 Seconds Valuation of any stock, for that matter any business.
Have you ever wondered that you don't have the holy grail of valuation and you wish you did. Well, I can't answer that question. However, if you don't have Yahoo! finance and Google Finance and all you have is an annual report and if that report did not list the current market price of the stock, how would you know how much it is trading for? Better yet, what is it's value.
Julian Robertson: We're not out of the woods yet
Famed Hedge Fund Manager Julian Robertson of Tiger Management says we are not out of the woods yet because the U.S. is borrowing too much from the Chinese and the Japanese. But we can grow or save our way out of it. The inflation could hit 15% if the Chinese and the Japanese stopped lending money to the U.S. Most think China has to buy U.S. bonds to prevent global slowdown.
Warren Buffett Hopes the Market and Deficit Run-up Will Not Go on for Too Long
Warren Buffett's Latest interview with Fortune: Key Points:
The final checklist from Peter Lynch -- An excerpt from 'One Up on Wall Street'
The final checklist from Peter Lynch: An excerpt from 'One Up on Wall Street'
Wary Investors Are Seeking Out Objective Voices
In the aftermath of the financial-market crisis, investors are leaving Wall Street to sign on with independent investment advisers. Last year, registered investment advisers brought in more than $108 billion of net new assets into the three largest custodians, according to Charles Schwab Corp., which holds roughly $500 billion in assets for such advisers.
The Inevitable Transition From Dollar Bills to Gold As Currency
Gold is one of the safest investment options available these days, but not many people are jumping on the bandwagon. The reason is simple: we've gotten away from using gold as currency, so people just don't think of gold as real money.
Buffett to Congress: No More Debt! Seneca: How to Live Longer and Wiser
Our new wealth creation social network: http://zenway.ning.com
THE GREENBACK EFFECT
By Warren Buffett
BYD China’s Electric Car in Sales Slump
Investors and speculators who piled in BYD is perhaps letting hope take over cool-headed value calculations. A casually look at BYD's financial statements shows that the company is having a hard time with their earnings and cash flow.
