The proceeds from the auction would go to Glide Foundation, an institution that works to alleviate human suffering and poverty in the San Francisco Bay Area. The winner of the annual fundraiser will have lunch with world's second richest man Warren Buffet in New York and can bring up to seven friends along with him, the website stated.
This is yet another large energy deal for Warren Buffett in the western United States.
'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'
The markets are in meltdown. Time then to turn to the Master Investor for advice and guidance. Yefei Lu explains how Warren Buffet's investment strategy includes everything from how to look at risk versus reward to how to think about portfolio concentration.
Buffett had said in a CNBC interviewthat Yahoo's business had deteriorated significantly and that "something has to change there."
Greg Abel and Ajit Jain would be prime candidates
Focus on Berkshire's size has grown over the years as it has amassed more than 80 businesses
Berkshire has owned P&G stock since P&G bought Gillette Co in 2005. Buffett had invested in Gillette since 1989.
Crorepatis build wealth through disciplined saving, smart investing, and strategic risk-taking, proving that true financial freedom is earned, not inherited, says Ramalingam Kalirajan
Only if you are a conservative investor satisfied with index returns; but over long term actively managed funds give better returns in Indian markets
From the Sensex basket, Kotak Mahindra Bank jumped 5 per cent after the company reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. Tata Consultancy Services, Hindustan Unilever, Mahindra & Mahindra, Sun Pharma, Tech Mahindra and IndusInd Bank were among the other major gainers. Titan tanked 7 per cent after its March quarter earnings failed to cheer investors.
Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or Rs 2,865 crore, compared to less than 1 per cent rise in the BSE Sensex.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
'Attractively priced' stocks, healthy debt ratios, plus solid manufacturing prowess position Korea to profit from growth in China and the Mideast.
There is a buzz in insurance circles that Berkshire Hathaway might have resorted to a back-door entry into India in order to circumvent the caps on foreign direct investment in the insurance industry.
Investing calls for much the same qualities as those required to become a first-class ballet dancer or concert pianist.
New entrepreneurs and investment gurus can never miss out on Buffet's tips on investment.
All the glamour notwithstanding, investing in airline stocks is a loser's game
Billionaire Mukesh Ambani's Reliance Industries Ltd climbed eight spots to the 45th rank, the highest for an Indian company on Forbes' latest Global 2000 list of public companies worldwide.
A lot depends upon the crucial decision-making skills of the management. If you have any doubts about the management then you always have the choice of selling your shares or not buying stocks of those companies at all.
Warren Buffett is not the only businessman on Twitter.
Ratan Tata, Chairman Emeritus of the Tata Group, on Sunday said ace investor Rakesh Jhunjhunwala will always be remembered for his acute understanding of the markets as well as for his jovial personality, kindness, and foresightedness. Jhunjhunwala, often referred to as 'India's Warren Buffett', passed away here Sunday morning due to a cardiac arrest. He was 62. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata conglomerate.
Health issues, divorce, court battles, moral turpitude, and more can all distract the CEO and impinge on a company's performance. So, how much of their private life should a company disclose? asks Amit Tandon.
This is what makes the legendary investor's investing philosophy a WINNER.
One common mistake investors commit during profit booking is not having a plan for the redeployment of the money that comes into their account.
Buffett's remembers his association with Munger that began in 1959.
Biden is not risking his reputation in a crucial election year, argues Ambassador M K Bhadrakumar.
Shares of companies having investments of late billionaire investor Rakesh Jhunjhunwala ended on a mixed note on Tuesday. The 62-year-old investor, who was known as the Big Bull and Warren Buffett of India for his investment acumen, passed away on Sunday. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata group. Titan ended 0.88 pe cent higher at Rs 2,493.65.
Berkshire has reduced its stake as various regulatory inquiries and a slowdown in the business of rating lucrative structured bonds has taken a toll.
US President-elect Barack Obama has appointed a 17-member high-level team of advisers including billionaire investor Warren Buffett and Google chief executive Eric Schmidt to guide him in channelising the economy, a media report says.
Billionaire investor Warren Buffett, who is a leading shareholder in Kraft Foods, has warned the US foods firm against overpaying for the British confectionery firm Cadbury, a media report says.
They don't call him "The Oracle" for nothing.
We believe there are certain behavioral stumbling blocks that explain why there are very few value investors despite all the media coverage the discipline receives.
Warren Buffett's letter to shareholders of his investment firm, Berkshire Hathaway, is one of the most eagerly awaited statements among investors across the globe as it records his investment strategies and views on issues haunting corporate America.
'Chasing sectors which have reported strongest earnings is not always the right strategy for outperformance.'
Warren Buffett this week donated $2.8 billion of Berkshire Hathaway Inc stock to five charities, as part of the billionaire's plan to give away nearly all of his wealth.
In a rare break from tradition, Warren Buffett on Monday released parts of his annual letter to shareholders on the Web site of Fortune.
Nine more wealthy families and individuals have pledged to give at least half of their fortunes to charity as part of a philanthropic campaign.
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