The One Percent
Many of the wealthiest Americans aren't worried about the weakening economy at all -- they are actually excited about it.
Many of the wealthiest Americans aren't worried about the weakening economy at all -- they are actually excited about it.
In the first article of this series I discussed how to reform the mortgage underwriting market. This article will focus on credit default swaps, or CDS'.
Across the nation, the most vulnerable have already been stripped of their security. They are wildly adrift in the economic chaos like autumn leaves caught in a hurricane.
Obama supporters, naturally, are excited about word today that one of the world's richest men, Warren Buffett -- the sage of Omaha -- has thrown his...
Lesson 1 Knowing When To Pull the Plug "Should you fi...
Choose any famous money manager or Wall Street guru or any billionaire, and I will show you that none has ever done better than chance over time in predicting market movement.
No matter how much money we spend on new government regulators, these police types can never catch all the bad guys. The responsibility is ours
As the Secretary of the Treasury, Paulson insists that we give Goldman Sachs a lot of money, in exchange for a lot of crap. (If not, we all die.) Except it's not his money, it's ours.
One of the few investors or money mavens who guessed the meltdown was coming is Canada's Prem Watsa, Chair and founder of Fairfax Financial Holdings L...
Last week a mix of water and sanitation experts gathered for World Water Week in Stockholm, Sweden to mull over the world's biggest public health crisis. The problem is that not enough people paid attention.
To suggest that a tiny team of public servants can glance at the assets, determine a fair price, and then not get taken to the cleaners is absurd.
Hetty Green was the world's richest woman, but also earned the nickname of the "Witch of Wall Street," with her severe Quaker clothing and staggering thriftiness.
Without all that money and newly leased Mercedes, people did not know how to define themselves anymore. Unless, that is, they were actually real people inside them to begin with.
Lessons in Living: Part 2 The Wisdom of Eckhart Tolle and Warren Buffett I don't look for 7-foot bars to jump over, I look around for 1-foot bars I ...
Far be it from me to contradict one of the world's greatest stock sages and business analysts. But I will.
It's a lesson to me, the ablers and the beggars and the thieves -The Grateful Dead If you read my book, Son of a Son of a Gambler, you'll know that...
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What deal did Paulson make on that infamous Sunday nite call.
Buffett may be rich but he doesn't see what's going to take him down.
Funny, I thought the bet would have been whether or not the Governor went through with his sham marriage to hid the fact that he's gay. (Never married, always tan and he and his "lady" are going to live in separate houses. C'mon, Charlie, come out already!)
This "bet" was on a commitment to buy interest-bearing bonds, giving Berkshire $224M upfront with the option to earn 6.5% on up to $4B over thirty years. Hardly the greatest investment, but better than what I'm earning (or losing in the current market). Pretty sure that means he would have "won" either way.
a 6.5% return on capital is not a win for buffett .. it may be better than you get, but that doesn't mean it is good. yields available out there now are significantly higher .. just look at what bank sub debt is paying
May I respectfully point out that in tracing your enlightened sense of investment and executive pay to this post, I finally arrived at the smoking gun?
You DO seem breathtakingly unaware of the fact that return is a compensation for risk taken.
Go back to school.
Reminds me of the put options before 9 1 1.
Charlie Crist's picture appears yet he isn't mentioned in the article. He's been out of the news since his marriage. How's the beard, Chuck?
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