Warren Buffett

5 Things Warren Buffett Does After Work

... it’s Mr. Buffett. He has practically doubled or tripled his net worth in every decade of his life, and is now worth $67 billion. A single share of his company’s stock? Try $191,396. That's enough to buy a house in any one of the 50 states. Related: Adopt These 12 Habits for a Better Work-Life Balance. Teach us your ways, Warren. There are countless books on how Buffett accumulated his wealth (Amazon has almost 20 pages of results under his name). The number of articles about him on sites like The Motley Fool, The Wall Street Journal, and Business Insider is probably somewhere in the thousands. But there aren’t that many articles on what he does in his spare time after work. This isn’t surprising. In our current culture of competitive workaholics who regularly work late hours , Buffett’s office schedule is more valuable to readers than his home hobbies. But his famous zen attitude towards managing, investing and making billions can be largely attributed to his enviable work-life balance. Here are 5 things Warren ...

Warren Buffett’s Best Advice For 2017

... have seen a run of further record highs. At the same time, 2017 is set to be a year of considerable uncertainty and potentially volatile markets. The question of Brexit looms large and Donald Trump’s plans for the US are still rather sketchy at this stage. European elections — notably in Germany, France and the Netherlands — could be destabilising for the EU. Meanwhile, concern about China’s growth, which was prominent this time last…. The Fool's 5 Shares To Retire On. To keep reading, enter your email address or login below. Register by giving us your email below to continue reading all of the content on the site. Soon you will also begin to receive our FREE email newsletter, The Motley Fool Collective. It features straightforward advice on what’s really happening with the stock market, direct to your inbox. It’s designed to help you protect and grow your portfolio. (You may unsubscribe any time.). So we can give you the most relevant experience, please tell us what phrase below best matches your investing style. I mainly invest for Growth. I mainly invest for Income / Dividends. I like to invest in both ...

Spain's Warren Buffett' Francisco Parames Returns To Open Unexpected New Fund

... take the unexpected step of opening his own fund, which is set for full operation in February. Parames, Spain's most successful investor, departed from the country's Bestinver in September 2014 after delivering 16% annual returns over 25 years using a value approach. With his exit, Bestinver's assets fell by almost a third in 2014, according to a report by Reuters. Peter Lynch Chart of XAMS: WKL. Along with client money, two of the firm's influential managers, Alvaro Guzman de Lazaro and Fernando Bernand, also left. Parames was rumored to be joining the fund his two associates subsequently founded, az Valor, at the end of his non-compete period, before he made his surprise move. Parames' return history. Parames registered his first new fund, called the Cobas Seleccion Fund, on Oct. 14 and began distribution through its exclusive marketer, Banco Inversis, on Nov. 2. On Jan. 10, he received regulatory approval ...

Warren Buffett, Bill Gates And Jack Ma Are Betting Big On This Sector

... there is no doubt that investors are awakening to the opportunity. My firm, Impax Asset Management, saw record inflows from U. S. and Canadian investors this year. Our own results and numerous studies have shown that sustainable investment strategies reward investors. Adding to the momentum, a 2015 Labor Department ruling about fiduciary duty stated that financial managers can prudently consider environmental, social, and governance information when making investment decisions. Going even further, the European Union announced in November that all pension funds must incorporate environmental risks into their portfolio management. Pension funds there hold more than $3.1 trillion and represent 75 million people. That's a clear indication of the global nature of this movement. Sustainable investment is a good strategy whether you are concerned about the environment or not. No matter how charged environmental and climate risks become in public discourse, businesses know that they have to deal with the physical reality of a changing climate by sourcing cheaper and cleaner sources of electricity, building infrastructure solutions for cities dealing with rising tides, and ...

What Warren Buffett’s Breakfast Can Teach Us About Retirement Saving

... recognizes him and spots a documentary camera operator in the passenger seat. He probably orders breakfast at this drive-through several times a week. "$3.17 is a bacon, egg and cheese biscuit. The market's down this morning, so I think I'll pass up the $3.17 and go for the $2.95.". It sounds like the kind of advice you might expect from a financial advisor on spending. Cut down on the little expenses and you'll have more to invest, thus more in retirement. Except it's all faintly ridiculous. Sure, his cheaper choice is a savings, but the man "earns" an estimated $37 million a day on his investments. See: Billionaire Buffett says he caps his spending at Mc Donald’s on stock market’s down days. Short-term moves. That's the companies. His salary at Berkshire Hathaway BRK. A, -1.37% BRK. B, -1.40%  the firm he founded decades ago, is about ...

Warren Buffett Looks For These 3 Traits In People When He Hires Them

... initiative. Warren Buffett isn’t the only person who does this. Famous fellow value investor Mario Gabelli says that he looks for PHDs : people who are “poor, hungry, and driven.” Even legendary basketball coach Rick Pitino looks for PHDs too. What I love about Warren Buffett is that he specifically looks for a third key intangible – integrity. Without it, intelligence and energy don’t matter (and can actually be harmful). And I’m fairly certain that it’s Buffett focus on integrity and reputation – and not just on intelligence, energy, and profits – that has helped him and Berkshire Hathaway become so successful. Read the original article on Vintage Value Investing. Visit Vintage Value Investing today to learn more about the investing secrets of Ben Graham, Warren Buffett, and Charlie Munger. You can also check out Vintage Value Investing on Facebook and Twitter. Copyright 2017. Follow Vintage Value Investing on Twitter. More ...

Buffett's Big Bet On Big Blue Shows Signs Of Life

... He also pointed to IBM's position in other companies' IT departments, and IBM's propensity for stock buybacks. Since the beginning of 2012 through the third quarter of 2016, IBM has repurchased $46.8 billion in stock. But other investors have disagreed. Even with the recent revival, IBM stock has underperformed over a longer time frame and analysts still cite among their concerns: declining revenue, questions over commercializing Watson, and Amazon's and Microsoft's lead in cloud. And some see buybacks and dividends in a different light - as financial engineering that has served investors better than IBM's own clients and business. To that point, Buffett has made about $1.7 billion in dividends though his holdings while IBM has recorded 18 straight quarters of declining revenue. Also keep in mind that Buffett may be close to breaking even on his investment, but if you've been holding the stock for, say, 7 years — since the Dow crossed 10,000 — IBM has been one of the biggest tech underperformers, returning less than half the S&P 500 in that time. Buffett, though, is Buffett. He's in it for the long game and he's sticking with Big Blue. And there ...

Meet The World’s 8 Richest Men Who Own As Much As Poorest 50

... Amancio Ortega. The richest person in Europe, Amancio Ortega opened the first Zara fashion shop in 1975. Now, the chain, part of Ortega's Inditex group, has 7,000 shops globally. As Zara and Inditex grew in size, Ortega held on to a majority stake of 59 percent in the company, which has a market value of over €97 billion (£85 billion), and he is worth $67 billion (£55 billion). In 2001 he set up the Amancio Ortega Foundation which develops education and social assistance projects in Spain. The foundation last year bought 25 oncology radiotherapy linear accelerators for Andalusia’s public health system, through a donation of around €40 m (£35 m). Warren Buffett. Warren Buffett , known as the Oracle of Omaha for his closely followed investment decisions, is worth $60.8 billion (£50 billion). Now 86-years-old, Mr Buffett began investing as a teenager in the 1940 s, gradually growing his company Berkshire Hathaway into the company ...

Investor Warren Buffett's Life Is Chronicled In Hbo Movie

... the subject of a best-selling 2008 biography for which he also extensively cooperated but reportedly had mixed feelings. Longtime fans will not learn much new. And Buffett remained reticent on some matters, including his last conversation with his father, and his first wife Susan's decision in 1977 to move out. But he fondly recalled lesser-known stories, including overcoming his fear of public speaking by attending a Dale Carnegie course, and picking up a high school date in a hearse he owned half of. "Not the smoothest thing," he recalled. The Buffetts remained married but lived separately until Susan Buffett died in 2004. "There's no finer human being than who he is," she recalled in an interview just before her death. Buffett's second wife Astrid, whom he married on his 76 th birthday, was not interviewed for the film. The film shows Buffett's preference for a buy-and-hold style of investing in "wonderful companies at fair prices," not fair companies at wonderful prices. "I do know ...

Is Warren Buffett Wrong About Bitcoin

... performance of a given country to gain or lose value. On the other hand, bitcoin is not tied to any individual country, which again raises the question of where the value creation comes from. It is simple. The U. S. dollar does not strengthen against other currencies because of the strength of the U. S. economy, but rather because of the stability investors believe it possesses. As such, bitcoin traders have been betting on the cryptocurrency market believing it can provide the most stable currency in the future. That is why bitcoin has been rallying over the last 12 months. In summary, Buffett might be right in the end about bitcoin's valuation being unreal. Given the current advances in the payments market and the growing use of internet banking across the world however, it is clear the cryptocurrency market remains to be a potential disruptor with bitcoin at the center of it all. Disclosure: I have no position in ...