Warren Buffett wrote a great Op-Ed in the New York Times today. In the piece, Buffett argues that the current economic stimulus is necessary to get our economy running smoothly. However, Buffett also states that our current rate of spending is unsustainable and that once the economy begins to recover congress must stop the printing [...]
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Here’s a clip of Warren Buffett talking about his new online cartoon series called, “The Secret Millionaires Club”. Let me just say I’m a huge Buffett fan and I’m all for educating children about finance and investing but this is a little weird. After the initial talk about the cartoon, Buffett begins to talk about the [...] In a recent interview Warren Buffett was asked for his “top three pieces of advice for average Americans who want to grow their savings and keep their money safe.” Here’s what he said… If it seems too good to be true… it probably is “There are all kinds of businesses that I don’t understand, but that doesn’t cause me to stay up at night. It just means I go on to the next one, and that’s what the individual investor should do.” - Warren Buffett |
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Buffett's Thoughts On Wall Street Pay
A year has past since the credit crisis wreaked havoc on the world’s financial system. During that year of reckoning, firms on Wall Street that were lucky enough to survive (or should I say get bailed out) reduced annual bonuses by nearly 45% from the prior year.
Fast forward one year and my have things changed. Now, a mere [...]