For those who believe only grey cells set apart leaders from the rest, there is another hair raising observation among corporate America that most of the successful CEOs including Pepsico's Indra Nooyi part their hair to the left, says US business magazine Fortune.
Buffett, CEO and Chairman at Berkshire Hathaway, does not use office car, has neither taken a salary hike for 25 years nor desires any in future, pays back the company for minor items such as phone calls, postage and favour from office personnel that are personal in nature, does not fly in company jet for personal visits and gives a much bigger pay package to his Chief Financial Officer. Berkshire Vice Chairman Charles Munger has also been paid an annual salary of $100,000.
What has been forgotten is the fundamental characteristic of these contracts. What is trading in index numbers if not a wager? Is it not speculation per se packaged in sophisticated language, exotic terms and backed by legislation and regulators?
Where the smart money's going and how to follow it--if you dare.
Though Buffett, chief of the Berkshire Hathaway holding company, supported Obama in the race for the White House, McCain was all praise for Buffett's contribution to the global economic crisis.
General Electric on Wednesday unveiled plans to raise at least $15bn in capital through stock sales to Warren Buffett's Berkshire Hathaway and the public.
Buffet first among seven all-time best investors.
The very, very rich were very, very generous this year.
Reliance Industries chairman Mukesh Ambani has overtaken NRI steel tycoon Lakshmi Mittal to become the richest Indian in the world. Ambani's net worth has soared past $50 billion.
Many fantastically rich people slip under the general public's radar. Including the world's second-wealthiest man
A Mexican telecom magnate has overtaken American investor Warren Buffett as the world's second richest man and is breathtakingly close to passing Bill Gates, the numero uno in the billionaire's list.
A closer look at the sectors and companies that have strong prospects and are likely to fall less when markets decline.
Jhunjhunwala passed away early on Sunday morning due to a cardiac arrest, a source in his newly set up airline said.
The funds will be used to expand the merchant offerings across India to equip them with technology and various other services.
Tell us what you would do with your money? Who would you leave it to?
When the votes for the Reader's Choice CEO of the Year by MarketWatch were counted, Dr Ramesh Pandey of Xechem came first, beating Steve Jobs of Apple and Warren Buffett of Berkshire.
It all began in the family grocery store back in Omaha.
These folks have the fortune, without the hassle of the fame.
Bezos' total net worth hit $65.05 billion
It is not every day that one of the planet's richest men is arrested by his government.
Indian-born steel tycoon Lakshmi Mittal became the third richest person in the world, trailing only Microsoft chief Bill Gates and US investment guru Warren Buffett.
If Investors maintain prudence, chances of going wrong and thus losing money reduce dramatically.
Stock market investments are always said to involve risks and people who made big fortunes often made headlines as scamsters, leading to Dalal Street always being looked at with suspicion, but Rakesh Jhunjhunwala was broadly an exception. Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion fortune and earn the tag of the country's biggest individual investor, leaves behind a relatively cleaner slate, as was seen in the most common description for him -- 'India's own Warren Buffett'. Unlike names like Harshad Mehta and Ketan Parekh, whose rise in fortunes in post-liberalised India was tainted with scam links, the newest 'Big Bull' in the more-regulated market had lesser baggage on this front.
Secret to successful stock investing is to discover what kind of investor you are, and tailor your investments to suit your innate style
You can use futures and options to hedge risks as well as make huge profits, but it's risky
Warren Buffett, chief executive officer of Berkshire Hathway Inc, has denied that he had invested $1 billion in the ONGC issue, though the market was abuzz throughout the day that he had placed bids for half the size of the issue.
Outperforming peers following a crisis in the debt markets is an act that ICICI Prudential Asset Management Company fund manager Manish Banthia has pulled off more than once.
IT czar Azim Premji has given away almost half of his stakeholding in Wipro, India's third largest exporter of software services, to philanthropy.
Happiest Minds expects revenue to touch $100 mn in 3 years, the fastest in India's tech services sector.
The account of former US vice-president Joe Biden, who is the current Democratic Party presidential candidate in the November election, was also hacked.
According to global wealth intelligence and prospecting company Wealth-X, Buffett topped the list of the 10 biggest single charitable donors of 2014.
Parikh was in Omaha for Warren Buffett's Berkshire Hathaway meet
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