Analog, Warren Buffett and Digital Media - Why Warren Buffett invests in newspapers: " You essentially have a business that will make a lot of money if you are terrific, it will make a lot of money if you're lousy," Buffett said, "...how good a newspaper is depends entirely on the wishes of its owner. There is no correlation between profits and excellence," Buffett added, "there's really nothing like that in American business." Enjoy nearly a full 60 minutes of Warren Buffet's (all too rare) public teaching style in this recently uploaded video from 1992.
It's not uncommon for celebrities to get a cartoon. Billionaire Warren Buffett now joins their ranks with Secret Millionaire's Club, a cartoon about Warren Buffet giving a group of kids advice on investing, business and life. [more inside]
Influential billionaires like Carl, Thomas, Kirk, and Warren have been losing their shirts. And it's being felt around the world. [more inside]
Warren Buffett's annual letter to his shareholders is worth a read.