Archive for July, 2010
ebooks free download: The Warren Buffett Way
“The Warren Buffett way outlines his career and presents examples of how his investment techniques and methods evolved and the important individuals in that process. It also details the key investment decisions that produced his unmatched record of performance.”
Download:
http://rapidshare.com/files/373465748/The_Warren_Buffett_Way._2nd_edition.rar
The Snowball Warren Buffett and the Business of Life – Book Review
The Snowball – Warren Buffett and the Business of Life, by Alice Schroeder.
A few days ago I started reading this, and I have to say I really don’t want to stop reading it (all 800ish pages). I sort of expected an boring story about a person in something that is imagined to be a rather unexciting industry (investing).
Seriously I couldn’t have been more wrong.
This book is an amazing insight at the life of one of the greatest, most most amazingly brilliant people that history has seen, and it’s funny, sad, exciting – a whole range of unexpectedness. in case you don’t know, here we have a comprehensive look at the life of the most wealthy men in the world – Warren Buffett. During 2008 he was crowned king the worlds wealthiest man holding a worth of $62,000,000,000.
$62 FREAKING-BILLION!!!!!!!
OK, let’s take a closer look at that…
If I earn $10,000,000 every year (which isn’t too unpleasant) it would take to earn as much as this man. WOW. if I had started hording $10,000,000 per year since 1AD I would be about one third of having the wealth that this man has. Mind blowing.
OK now… I’ve calmed myself down enough to finish with this book review.
It’s hard to say just how great this is, what I can say is if you don’t have your book yet go order it right now
What really impressed me about this man is how he came from nowhere, he didn’t start with his parents fortune, in fact he actually started selling golf balls and delivering papers around town. Plus he didn’t even invent something new, what he did do was study harder, gain more skills, and work harder than anyone else before him. It just makes what this man has created more impressive.
The dedication and work ethic of this man is one of the most stand-out, take home lessons you will get from this if you really desire a truly amazing life you better be ready and willing to work your butt off.
What really stood out to me from this book? More than i have time to list here however what really spoke to me was…
1. if you wish to be successful knowledge is key, never EVER stop Learning.
2. Delaying gratification, in other words to what it takes now to have what you want later.
3. if you want long term success (and is there any other type) then you always need to stay completely honest, integrity is your biggest asset.
4. the next biggest assets will be the relationships you build, don’t ever forget that.
5. where you come from really doesn’t matter at all, where you begin doesn’t affect where you finish in life.
So I guess I should wind up this article. in closing I firmly recommend you study the Snowball. if you want to build a massively successful business then knowledge is going to be your main weapon, there are not many that have even come close have even approached close to Warren’s triumph, and I think he is one of the greatest to learn from.
The Snowball Warren Buffett and the Business of Life – Book Review
Doesn't this remind you that we are headed for "one world govt"?
I read this article and it just reminded how close we are to the great tribulation and the coming of Jesus Christ. Doesn't this remind you of that?
Obama Endorses Soros plan to Loot America
Dubbed the “Lenin of the 21st Century” by the Ripon Forum magazine, because of his apparent transformation from super-capitalist into “neo-Marxist,” Soros waged an expensive but unsuccessful campaign to defeat President George W. Bush for re-election in 2004. He has been determined to install a puppet in the White House.
In addition to financing Democratic Party politicians and left-wing organizations such as the ACLU, he has subsidized a wide array of liberal causes, ranging from abortion rights to gay rights to legalization of dangerous drugs. Even former members of the terrorist Weather Underground, such as Bernardine Dohrn and Linda Evans, have appeared at functions sponsored by his so-called Open Society Institute or accepted its grants.
Soros had backed Obama for president in 2008, saying that he had “the charisma and the vision to radically reorient America in the world.” his prediction seems to be eerily coming true.
http://canadafreepress.com/index.php/art…
"headed for.."?
Where have you been?
The Treaty of Rome (1956) and the Treaty of Maastricht have already made a "one World Order" a reality.
Most people who wince at mentioning such a thing are willfully and embarrassingly ignorance personified.
Why don't you use the word "empire" since the Roman Empire is what John the Revelator was writing about? Or would that remind you too much of the imperial visions of one President George W. Bush?
Don't Bogart that joint, my friend, pass it over to me! All your base are belong to us.
I used to think this was all a conspiracy to make me feel paranoid, but now I know its a conspiracy to make paranoids feel like me.
we do need a world Govt. .. preferably mainly Chinese … they have always KNOWN there is NO god … religion is a scam.
As the "drama" unfolds and the world spins out of control, we must keep the faith, trust in God and pray with all our hearts, until his Glorious Appearing.
The time is at hand……
nope..this is said of every prez and every enemy of oours…again…Nobody knows the end but the Father…love one another and let God take care of the rest
No, but I do think it is hilarious how paranoid the ignorant fundies are.
I would love a one world government.
A man supporting and funding the advancement of a political cause is not evil.
There were a lot of people waging an expensive and failed campaign to defeat George Bush in 2004….they are called Democrats.
George Bush was not a puppet in the White House?
A majority of American voters also wanted to reorient America and backed Obama to do just that.
Liberal causes are not evil to many Americans.
We are closer to a one world government because we have a global economy. It's the mighty dollar and Capitalism that has brought us here. Further, it's not a bad thing. Unless you would rather have warlike imperialism rather than peaceful economic trading and cooperation.
FROM : THE ENLIGHTENED ONE
ATTN: DEAR SIR / MADAM,
GOOD DAY!
THE SPIRIT OF ELIJAH – I COME IN THE SPIRIT OF ELIJAH !
That's how Elijah always comes .In the spirit of Elijah .In a certain spirit .That's the only way to bring transformation.Without being 'here' or 'there' in person.That's the old order of things. I'm here to change that and bring much needed innovation.Exactly what the people need .the people hunger for something supernatural.They had enough of meetings and then back to ' normal' again.this new movement brings visions and dreams of a new era.It's what I call : the ' age of Elijah '.All I have to do is 'send' a certain spirit to a certain meeting, gathering etc. and accomplish supernatural* revival, without even me being present.
That's what the world needs.and the condition are ripe too – there is a great hunger in the land!It is the perfect environment for a spiritual awakening never before known to human kind.
"I come in the spirit of Elijah!"Oh! How that can reverberate around the earth!So therefore it's the spirit of Elijah versus the spirit of the Antichrist.two spirits opposing each other.and all in preparation for the Great Coming!….
* to be able to see the next life while still in this one is supernatural.
QUIET TRANSFORMATION – THE ECUMENICAL MOVEMENT – THE U.S.A. SHOULD LEAD THE WAY!
….I would call myself a visionary warrior .My plan for the world?Reorganization through spiritual transformation.wherever you have radicalization, the t-word is bound to be harvested and grow.Let's revive Dr. Martin Luther King Jr.'s 'reconstruction of society' doctrine.
the ever and fast changing pace of southern hemispheric relations with the west – mainly Latin America – requires a more microscopic view of the world as we now know it.Welcome to the new and improved United States of America.No to one hundred year wars , yes to human rights torch relays, yes to commercialization-free and dope-free Olympics.
Browsing through composing and sending e-mail to networks of information, is the answer for today's complexity of global affairs.Seven (7) sub-paragraphs should always be required in order for a topic to be introduced and understood.this is my innovation to be exact.
P.S. Lectures at Colleges and Universities ( Oxford – Cambridge ) and interaction with other thinkers ,is one fantastic characteristic of the human race!
Regards,
MR. GEORGE HEAVENWALKER WAYNE
Your eyes are a little brown. take two Ex Lax and call me in the morniing if you don't feel better.
Doesn't this remind you that we are headed for "one world govt"?
Buy Farmland and Soft Commodities like sugar, cotton:How to Invest Like Jim Rogers
Jim Rogers again talking about how depressed agriculture commodities are relatively to others which have boomed recently and that is where investors should look. (Sugar is still off 70% of its all-time high reached in 1974, Wheat – he doesn’t mention it, is at 200 yr lows, in inflation-adjusted terms.)
Jim Rogers, legendary contrarian investor, author and chairman of Rogers Holdings, is still betting on $2,000 gold in 10 years and in the meantime is looking to profit from China, the euro and other commodities. aside from the precious metals that we talked about, what other commodities do you like?
Rogers: Agriculture still. Agriculture’s still very depressed. Frequently, one will make a lot of money if you buy the things that are depressed [and] where things might be getting better.
So what happens to the world economy as you see it?
Rogers : We’re certainly going to have another recession in the next two or three years. We’ve had recessions every four to six years since the beginning of time. So by 2012, we’re getting ready to have another one, if history’s any guide. I suspect it will happen before then, because there are still so many imbalances in the world which have to be sorted out.
What’s the biggest positive and the biggest negative that you see in the big macro picture right now for the world economy?
Rogers: the gigantic debt imbalances. throughout history, when you’ve had these kind of imbalances, they usually worked their way out in the currency market. It used to be the gold market when we had the gold standard. We’ve been seeing currency dislocations for two or three years. We’re [going to] see a lot more. Everybody who gets involved with you should learn about currency because we’re [going to] see many, many, many, more currency problems in the next two or three years. And that’s [going to] affect us all, including stock markets and including economies.
- Jim Rogers busy turning raw land into farmland in Brazil
- Agribusiness Opportunities in South America
Technorati Tags: agriculture, farmland, south america, jim rogers, investing, brazil, argentina, uruguay, mercosur
Buy Farmland and Soft Commodities like sugar, cotton:How to Invest Like Jim Rogers
Why aren't these people complaining about the wealthy being taxed?
Here is a list of some of the people in Hollywood, music, entertainment and technology, who support Barack Obama for president:
Chris Albrecht, HBO chairman
Big Kenny Alphin, recording artist
Marc Andreessen, Internet pioneer
Jennifer Aniston, actress
Rosanna Arquette, actress
Tyra Banks model, talk show host
Lawrence Bender, producer
Halle Berry, actress
Valerie Bertinelli, actress
Arthur Blank, Falcons owner
Judy Blume, author
Steven Bochco, producer, writer
Andy Borowitz, satirist, writer
Steve Jobs, CEO Apple Computers
Zach Braff, actor
Steve Brill, Court TV founder
Christie Brinkley, model
Bill Gates, Microsoft
James L Brooks, producer, director
Jackson Browne, musician
Warren Buffett, billionaire
Mark Burnett, game show producer
Ken Burns, independent filmmaker
Peter Buttenwieser, political fundraiser
Kate Capshaw, actress
Michael Chabon, author
Jay Chandrasekhar, director, writer
Peter Chernin, News Corporation president
Richard a Clarke, security expert
George Clooney, actor
Cindy Crawford, model
Drew Curtis, fark.com founder
Jamie Lee Curtis, actress
Larry David, comedian, writer
Laurie David writer, activist
Barry Diller, media mogul
Paul Dooley, actor
Michael Douglas, actor, director
Michael Eisner, Disney CEO
Kenneth Feinberg, attorney
Tom Ford, fashion designer
Jodie Foster, actress
Jamie Foxx actor, comedian
Morgan Freeman, actor
David Geffen, Dreamworks co-founder
Jami Gertz, actress
Charles Gifford, Bank of America chairman
Cuba Gooding Jr., actor
Berry Gordy, record producer, entrepreneur
Lou Gossett Jr., actor
Brian Grazer, producer
Jasmine Guy, actress
Herbie Hancock, musician
Tom Hanks, actor
Tom Hayden, activist, author
Dennis Haysbert, actor
Christie Hefner, Playboy CEO
Hugh Hefner, Playboy founder
Cheryl Hines, actress
Bruce Hornsby, recording artist
Ron Howard, director, producer
Phil Jackson, NBA coach, player
Samuel Jackson, actor
Scarlett Johansson, actress
Michael Jordan, basketball star
Vernon Jordan, Washington power broker
Jeffrey Katzenberg, Dreamworks co-founder
Gayle King, editor, Oprah’s BFF
David Koepp, screenwriter
Cedric ‘the Entertainer’ Kyle, comedian
Christine Lahti, actress
Sherry Lansing, Paramount Studios CEO
Sharon Lawrence, actress
Norman Lear, television producer
Julia Louis-Dreyfus, actress
Seth MacFarlane, animator, screenwriter
Tobey Maguire, actor
Norman Mailer, author
Natalie Maines, recording artist
Barry Manilow, singer/songwriter
Stephon Marbury, pro basketball player
Branford Marsalis, musician
Greg Mathis, TV judge
Bette Midler, singer, actress
John Morgridge, Cisco chairman
Rob Morrow, actor
Alonzo Mourning, NBA star
Eddie Murphy, actor, comedian
Paul Newman, actor, philanthropist
Craig Newmark, craigslist.org founder
Leonard Nimoy, actor
Edward Norton, actor
Rosie O’Donnell, actress, comedian
Stan O’Neal, Merrill Lynch CEO
Adrian Pasdar, actor
Holly Robinson Peete, actress
Sidney Poitier, actor
Ellen Pompeo, actress
Maury Povich, talkshow host
Penny Pritzker, hotel heiress
Harold Ramis, director, actor
Phylicia Rashad, actress
Jerry Reinsdorf, Chicago White Sox owner
Paul Reiser, comedian, actor
Chris Rock, comedian, actor
Robert Rubin, US Treasury Secretary
Edward Rust, State Farm CEO
Susan Sarandon, actress
Thomas Schlamme, producer, director
Howard Schultz, Starbucks CEO
Terry Semel, Yahoo CEO
Ben Silverman, NBC Universal chairman
James Sinegal, Costco CEO
Tom Skerritt, actor
Emmitt Smith, pro football player
Jada Pinkett Smith, actress
Will Smith, actor, recording artist
George Soros, financier
Steven Spielberg, filmmaker
Leigh Steinberg, sports agent
Fisher Stevens, actor
Ben Stiller, actor
Oliver Stone, director
Christine Taylor, actress
Richard Thalheimer, the Sharper Image CEO
Heather Thomas, actress
Garry Trudeau, cartoonist
Denzel Washington, actor
Isaiah Washington, actor
John Wells, television producer
Jann Wenner, Rolling Stone CEO
Tom Werner, Boston Red Sox co-owner
Forest Whitaker, actor, director
Paula White, megachurch “life coach”
Bradley Whitford, actor
Gene Wilder, actor
Rita Wilson, actress
Oprah Winfrey, talk show host, actress
Joanne Woodward, actress
Jeffrey Wright, actor
Robert Wright, NBC Universal head
Andrew Young, civil rights activist
Edward Zander, Motorola chairman
George Zimmer, Men’s Wearhouse CEO
Because they realize that you have to spend money to make money. It hurts their bank account too when the economy is in bad shape. Like Henry Ford said you can't sell a car to your employees if they can't afford it.
Liberals do not tax wealthy people. Liberals give tax examptions to wealthy people, like electric golf cart $3000 tax credit
Liberals tax middle class.
If you think only the wealthy will be taxed when the government now owes $14 trillion, you need to have your head examined. These people have so much money that it will never effect them, and they also make more money by playing the Hollywood game and being a good, Liberal soldier.
The Democrats have you believing that by taking 15% of your income annually in exchange for Medicare and Social Security that they are protecting you. Take 15% of 50K (average wage) for 40 years and stuff it into a retirment plan and you would have a min of $1,700,000, but instead you get 25K a year from Social Security and save 12K a year in Health Ins. Do the math. the interest alone on the $1.7 Million will give you a larger wage than you ever made in any single year.
Problem is, most people are too uneducated to understand how they are getting ripped off.
Either:
A. Because they understand that they are in a position that is much better than most people in the country and they do not mind paying a little bit more in comparison to what they get to keep to, hopefully, increase the quality of life for those less fortunate
or
B. Because they don't pay attention and don't really care what happens.
Did you know that Oprah only lives in California 99 days a year, so that she doesn't have to pay the high taxes?
what and admit they made a mistake.most have made so much money that they will be sheltered from any real harm,plus most did not really work to make their money,acting and politics are hardly work
Why aren't these people complaining about the wealthy being taxed?
Sanofi-Aventis Circles Genzyme for Potential Deal
The document you requested either no longer exists or is not currently available.
You may use the “Back” button in your browser to return to the previous page, click Home to return to the WSJ.com home page, or access the Site Map.
To report this problem, contact Customer Service at mailto:onlinejournal@wsj.com.
<a href="http://online.wsj.com/article/SB10001424052748703294904575385270133586064.htmltag:news.google.com,2005:cluster=http://online.wsj.com/article/SB10001424052748703294904575385270133586064.htmlFri, 23 Jul 2010 20:50:15 GMT 00:00″>Sanofi-Aventis Circles Genzyme for Potential Deal
Peter Lynch's Stock Market Investment Advice
allow us to make it up to you… and help you find your desired page.
our mission at Wealth Daily is simple:
We arm our readers with the most clear profit opportunities during what may one day be called “the greatest commodity bull market in history.”
to get on board, just visit Wealth Daily:
Brian HicksWealth Daily
<a href="http://www.wealthdaily.com/articles/peter-lynchs-stock-market-investment-advice/2592tag:news.google.com,2005:cluster=http://www.wealthdaily.com/articles/peter-lynchs-stock-market-investment-advice/2592Tue, 13 Jul 2010 19:11:57 GMT 00:00″>Peter Lynch's Stock Market Investment Advice
George Soros hates Paulson's bailout.

George Soros (AP Photo/Manish Swarup)
by Frank James
George Soros, billionaire financial speculator, philanthropist and liberal boogeyman to many conservatives, doesn’t like Treasury Secretary Henry Paulson Jr. $700 billion bailout plan.
Indeed, from his Financial Times opinion piece, it doesn’t sound like he’d allow Paulson to manage any of his billions of dollars.
Here’s an excerpt. Pay close attention to what he says about “asymmetric information,” one of his favorite subjects. it’s the idea that not all parties in financial transactions have equal access to best-informed party usually has the upper hand:
Mr Paulson’s record does not inspire the confidence necessary to give him discretion over $700bn. His actions last week brought on the crisis that makes rescue necessary. On Monday he allowed Lehman Brothers to fail and refused to make government funds available to save AIG. by Tuesday he had to reverse himself and provide an $85bn loan to AIG on punitive terms. The demise of Lehman disrupted the commercial paper market. A large money market fund “broke the buck” and investment banks that relied on the commercial paper market had difficulty financing their operations. by Thursday a run on money market funds was in full swing and we came as close to a meltdown as at any time since the 1930s. mr Paulson reversed again and proposed a systemic rescue.
Mr Paulson had got a blank cheque from Congress once before. that was to deal with Fannie Mae and Freddie Mac. His solution landed the housing market in the worst of all worlds: their managements knew that if the blank cheques were filled out they would lose their jobs, so they retrenched and made mortgages more expensive and less available. Within a few weeks the market forced mr Paulson’s hand and he had to take them over.
Mr Paulson’s proposal to purchase distressed mortgage-related securities poses a classic problem of asymmetric information. The securities are hard to value but the sellers know more about them than the buyer: in any auction process the Treasury would end up with the dregs. The proposal is also rife with latent conflict of interest issues. unless the Treasury overpays for the securities, the scheme would not bring relief. but if the scheme is used to bail out insolvent banks, what will the taxpayers get in return?
Soros then gives a big shout out to Sen. Barack Obama.
Barack Obama has outlined four conditions that ought to be imposed: an upside for the taxpayers as well as a downside; a bipartisan board to oversee the process; help for the homeowners as well as the holders of the mortgages; and some limits on the compensation of those who benefit from taxpayers’ money. these are the right principles. They could be applied more effectively by capitalising the institutions that are burdened by distressed securities directly rather than by relieving them of the distressed securities.
The injection of government funds would be much less problematic if it were applied to the equity rather than the balance sheet. $700bn in preferred stock with warrants may be sufficient to make up the hole created by the bursting of the housing bubble. by contrast, the addition of $700bn on the demand side of an $11,000bn market may not be sufficient to arrest the decline of housing prices.
Something also needs to be done on the supply side. to prevent housing prices from overshooting on the downside, the number of foreclosures has to be kept to a minimum. The terms of mortgages need to be adjusted to the homeowners’ ability to pay.
How do you make money on stocks if you never sell them? Like with Warren Buffett, besides the dividends??
I understand you make money off dividends, but when someone like Warren Buffet says he likes to buy and hold forever, how does his net worth go up so much, besides it being an asset…I mean from a liquid perspective if he doesn’t sell his stocks, and ignoring dividends, how else do you make money? Is his all from Berkshire?
How can I make a Warren Buffet speech interesting?
For Public Speaking I am doing an informative speech on Warren Buffet the investor, and Warren Buffett the philanthropist. I already have some of the facts like Buffett became rich from Berkshire and that he plans to donate a lot of money to the bill and Melinda Gates foundation.
But are there any interesting facts you guys would mind sharing with me or an idea to make my speech stand out from the rest. I am the only one speaking on Buffett in this class, but others are doing him during different classes.
