Goldman Sachs' $500 Million Mea Culpa
It's truly touching that Goldman Sachs' CEO Lloyd Blankfein, who recently said that his too-big-to-fail, Fed-backed holding company is doing "God's wo...
It's truly touching that Goldman Sachs' CEO Lloyd Blankfein, who recently said that his too-big-to-fail, Fed-backed holding company is doing "God's wo...
Do I have your attention yet? These figures come from a joint study, by the industry association United States Green Building Council (USGBC) and...
Difficult times need wise men to tell difficult truths. And, for many years, Buffett has done just that. So it was deeply distressing to listen to him last week joining in the economic victory lap the Obama administration is taking.
Warren Buffett is such an important voice in the business world that, single-handedly, he could influence the way Corporate America is paid.
Nobody I know who is smart and rich (albeit much less rich than they used to be) thinks the economy is patched up and ready to roll--except, apparentl...
Buffett had indeed learned through experience that "when in doubt keep holding"; he said, "I've made most of my money sitting on my ass."
While Nouriel Roubini believes we're finally pulling out of the current financial crisis, he says the next Big One will strike in six to 12 months.
Buffett would always love reading newspapers, but his investing was tightly focused on simple businesses that were as close to immortal as possible. Newspapers no longer qualified.
Warren Buffett is investing $32 billion in Burlington Northern Santa Fe, the nation's 2nd largest railroad. At first blush, this is radically counter-intuitive. A railroad? Isn't that hopelessly brick-and-mortar?
Buffett is convinced that economic activity will pick up. In fact, he is confident enough that he is willing to use debt and issue Berkshire shares in order to close the railroad deal.
We may be entering an era of Karmic Capitalism when business realizes what goes around, comes around. Let's hope that the captains of industry apply noblesse oblige to the business world.
Warren Buffett is never more himself than when he is given the chance to invest in something he wants at a price of his choosing.
Regarded as the more conspicuous economic turkeys, those who have openly signaled the death of the recession, are President Obama, Ben Bernanke and Warren Buffett. Likewise, an editorial turkey is Newsweek.
Want to profit from the Galleon insider trading case? Then take the hint: It's a waste of time trying to beat the pros at the stock picking game. They outgun you, and they don't always play fair.
This will be a different kind of inflationary cycle. The dollar will decline, but Real estate prices will not be going up because few property owners can raise rents right now.
Why not give? Easy. Fear, and fear is the ultimate prosperity killer -- you will never go wrong, doing right. And do right long enough and it will pay dividends that builds wealth, too.
It appears that Barney Frank has been lobbied so hard that he is willing to exempt nearly all derivatives from regulation if they are "used for risk management purposes." Come on, Barney!
A new profile of Charlie Rose is representative of a trend that seems to be growing: the sort of meta-, multi-platform story that has so many odd conflicts and strange connections that it makes you dizzy.
Compassion, forgiveness and interdependence were major themes at the dialogue. The reality that despite outward differences humanity is largely the same was brought home by Nobel Peace Prize Winner Archbishop Desmond Tutu
Sometimes you can't declare victory until the other side concedes defeat. That's what happened Monday in the decade-long struggle over the future of the estate tax, our nation's only levy on inherited wealth.
I've watched many people get in trouble with upside down car loans, second mortgages or high interest rate financing. Credit keeps many people from living within their means. Then a friend told me he was buying a large house.