One of the reasons that I started this website is because I so admired the investing style of Berkshire Hathaway CEO Warren Buffett. I have marveled at the investment strategy of Warren Buffett since my college days and have long since considered him one of the greatest minds in value investing. There is another reason however that I follow Buffett’s financial wisdom. Buffett has been a generous investor and his philanthropic endeavors continued in 2012. [Read more…]
Warren Buffett spoke yesterday about the recent debt downgrade by Standard & Poor’s. Buffett found the downgrade by the S&P puzzling and stated that it “doesn’t make any sense”. He stated that if anything that the rating should have been raised to quadruple A. US Treasuries are still the gold standard when it comes to investment and the risk of default is virtually nonexistent. [Read more…]
Warren Buffett is predicting that the United States economy will not go through a double dip recession. This will come as a surprise to a lot of economists that are calling for a double dip recession. Buffett boldly predicted a lot of cheery economic news that if it occurs will lead to a full fledged recovery. Buffett discussed his predictions in a full length interview with Bloomberg this past weekend. [Read more…]
Black Enterprise Magazine ran a story on me in this month’s edition of the Magazine. I was interviewed by Mr. James Anderson and shared my insights on the market.The piece is called, How To Buy Like Buffett. The article discussed my investment advisory business and this blog Buy Like Buffett. Here are a few of the excerpts from the magazine article.
For many Americans, the last decade made a mess of their finances as your debt rose and your net worth fell. But regardless of your financial state — whether your finances have been wrecked by plummeting home prices or your income has remained stagnant — you can still develop strategies to actually create wealth.
Fairfax Financial Holdings (FFH.TO) is a Canadian financial holding company that operates in the property, casualty, and life insurance and reinsurance, investment management, and insurance claims management businesses. Although the company is based in Canada, the bulk of its operations take place in the United States. United States businesses accounted for 49% of earned premiums, Canada 26%, and international markets for 25%. Fairfax Holdings has been in business since 1985.
Stock investing legend Warren Buffett received the Presidential Medal Of Freedom today. This is a more personal clip of Buffett as he recounts how blessed he has been in his life.
Berkshire investors are smiling all the way to the bank. While my investment return was good in 2010, Buffett’s investment return was phenomenal. Buffett proved that despite his advanced age, he still has not lost his touch. Once again he beat the S&P 500 index. Berkshire has beaten the S&P 500 in four of the past five years.