You worked hard for that money. No one can deny that. You have been rewarded for your talent, your intelligence, your risk-taking, your creativity, and your good fortune. The notion that you should change a system that has worked so well must seem downright stupid.
Last week, I reviewed my friend Howard G. Buffett's new book, 40 Chances: Finding Hope in a Hungry World. After reading it, I felt much more hopeful that we really can solve the problem of world hunger. I also had questions, which Howie has answered in detail.
My friendship with Warren Buffett's son Howard G. Buffett goes back to 1991, when I met him through philanthropist Ray Chambers at a youth mentoring m...
Here we are in 2013, 12 years since Bloomberg gave up his position as CEO in order to concentrate his full efforts on the public service of helping the city. Luckily, Hizzoner's fortune has not suffered from this sacrifice.
Last week, I received an email from Tesla Motors that talked about an unfortunate event with one of its electric vehicles. As I read through it, it called to mind how Warren Buffett handled himself during "The Great American Express Salad Oil Scandal." While this story is almost 50 years old, it bears repeating.
Warren Buffett made another $10 billion from the investments he made during the financial crisis of five years ago. How does Buffett do it? And can you learn a lesson for next time?
The separation of knowledge into categories frustrates the human desire for unity. Each of us is a student of the world, a whole individual trying to make integral sense of the world, and striving to make that world our own.
The Los Angeles Times should be owned by all 10 million of the County's residents. This collective ownership is the best way to ensure that we create and maintain a quality information source with minimal bias.
I hear people complain about it almost every day, in one way or another. And of course it means that there are less resources available for 99 out of 100 people, if one percent are hoarding. The question is, what can we do about it?
In an age of hidden election cash, the nation's wealthiest public companies are increasingly revealing their campaign-related contributions and political policies -- and doing so voluntarily.
U.S. taxpayers bailed out AIG and its counterparties. Employees earned huge partial bonuses anyway, and no one went to jail. Now, five years later, AIG's new CEO, Robert Benmosche, is acting like a big smug guy who got away with something, because AIG did.
Surprisingly, a few days later Warren Buffett made the same observation. He said "the Fed is the greatest hedge fund in history." For Warren, this is great. He is on the receiving end of the biggest transfer of wealth in history from workers and savers to borrowers and speculators.
A Friend for a Season, a Reason or a Lifetime? Wherever Pluto is in your birth chart you're engaged in the process of radically transforming yours...
Over the past few months I have been hearing a lot of pouting regarding managed futures. A lot of managers are having a hard time raising money because of poor recent performance and some are paring back their marketing efforts.
Mistakes occasionally turn out to be colossally successful. Can you organize your life to make that possible? A number of years ago, there was a ver...
The Post remained profitable into the 21st century but a number of tidal changes gnawed at their durable competitive advantage.