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Video: Warren Buffet's Advice for the Administration

Interesting insights for the administration. He thinks President Obama is the correct person for the job. But probably has to be very careful with some use of words there, stating from his earlier interview. Just in case you are confused with the sequence of the videos posted, you check the sequence by looking at the time-stamp, on the lower left corner of the video player. It will look like . Enjoy the video..

Report: Warren Buffet's 2008 Performance

Hi all, If you have been a loyal follower of Warren Buffet, I am sure the following report on Berkshire Hathaway's 2008 Annual Report would be of interest to you. Berkshire Hathaway's per share book value shrank 9.6%, which was the largest decline since 1965. The company which he owns the largest percentage portion of company ownership is The Washington Post Company, where he owns 18.4% of the company, which he invested US$11 million in it, and its current market value as of 31/12/08 was worth US$674 million. Largest investment cost to date, US$7 billion on ConocoPhillips where he owns 5.7% of it, and its current value as of 31/12/08 was worth US$4.39 billion. I love the way how Warren Buffet pans out his letter. He made an explanation on the way how an option worked and his argument towards the Black Scholes Formula. The 22- page letter is considered to be one of the best article I had read from him. To access the article, click here . Post me your views after you had read it...