You could write off the mystery tipper as a novelty in the charity world, but the mega-tipper may, in fact, be part of a trend toward direct giving.» Read More
Warren Buffett has some advice for young people, like college students, who want to remain financially independent. It's not new and its not a surprise, but it is solid counsel on avoiding a very common money pitfall, and worth repeating.
The big spender who won this year's "Power Lunch with Warren Buffett" charity auction with a record high bid of $2,110,100 is Zhao Danyang of the Hong-Kong based Pure Heart China Growth Investment Fund, according to a spokesperson for San Francisco's Glide Foundation. I spoke with Zhao by telephone late tonight. He told me his investment philosophy is very similar to Buffett's and he has "lots of questions" to ask him.
This year "Power Lunch with Warren Buffett" charity auction has ended on eBay with a high bid of $2,110,100. That's more than three times larger than last year's record high price of $650,100 paid by investors Mohnish Pabrai and Guy Spiers.
With just under four hours remaining, bidding has topped $300,000 in this year's "Power Lunch with Warren Buffett" charity auction. That's less than half of last year's record $650,100 high bid, but as anyone who has been on eBay knows, savvy bidders hold back until the last few minutes. The auction ends at 10p ET tonight (Friday).
The two investors who bid $650,100 in a charity auction to have lunch with Warren Buffett today tell CNBC the "fantastic" experience was "worth every penny." Mohnish Pabrai and Guy Spier, well-known investors in their own right, teamed up to make the winning bid in last year's edition of the annual auction that benefits San Francisco's Glide Foundation. They collected their prize today at New York's Smith & Wollensky Steakhouse. After their meal this afternoon, Pabrai and Spier spoke to Becky Quick in a live interview on CNBC's Closing Bell.
This is a transcript of Warren Buffett's live interview with Becky Quick on CNBC's Power Lunch, Wednesday, June 25, 2008 at 12p ET. Buffett tells Becky U.S. inflation is "exploding" and warns that the Federal Reserve must signal controlling prices is not a secondary concern.
This is a live blog of Warren Buffett's interview with Becky Quick on CNBC's Power Lunch, Wednesday, June 25. All times eastern.
Warren Buffett is scheduled to appear live with Becky Quick on CNBC's Power Lunch, tomorrow, Wednesday, June 25 at 12p ET. Buffett will be in New York to host his own "Power Lunch" with the high bidders in last year's 'Lunch with Warren' charity auction.
Bidding has begun for this year's "Power Lunch" with Warren Buffett. Proceeds go the San Francisco's Glide Foundation. Latest bid as of about 10a this morning (Monday): $40,100 .. but it will easily go into six figures before it's over. Buffett does, however, come with "free shipping" according to the auction site.
Two musicians with very different styles who didn't know anything about each other are now working together to promote social action. One of them is Akon, the internationally famous Senegal-born "soul singer." The other musician is Peter Buffett, son of the internationally famous investor Warren Buffett.
Warren Buffett is putting real money on the line, about $320,000 from his own pocket, in a 10-year bet to back his long-held argument that "experts" won't do better than the stock market as a whole. As a result, says Buffett, the fees that "helpers" charge investors usually aren't justified. This morning, Carol Loomis of Fortune Magazine, Buffett's friend and editor of his annual letter to shareholders, reveals in a piece headlined Buffett's Big Bet that the Omaha billionaire was an official wager going with Protégé Partners LLC of New York City.
Warren Buffett's son Peter sees a bright future for the "girl effect." Today, he and his wife are joining with Nike in a $100 million investment to help "adolescent girls in developing countries bring unprecedented social and economic change to their families, communities and countries."
Bidding for the Annual Warren Buffett Lunch Charity Auction begins June 22 and ends June 27, according to an announcement today from a PR firm publicizing the event. The on-line auction will be conducted through eBay Giving Works. The winner gets to invite up to seven guests to join him or her for lunch with Warren Buffett at New York's Smith & Wollensky restaurant.
Forget new media. The entrepreneur and philanthropist is investing in solar energy, what he, calls the "biggest business opportunity the world has ever seen.”
The daughter of Warren Buffett's mentor and business partner David Dodd is giving $128.5 million over a period of twenty years to the George School in Newtown, Pennsylvania. It's being called "one of the largest single gifts to an existing independent school in the United States."
In a live telephone interview with CNBC's Becky Quick, Warren Buffett said today's decision by the Federal Reserve on interest rates won't make "any difference whatsoever" to his investment decisions. He said even if he knew exactly what the Fed's announcement will be at around 2:15pm ET today, he would "change a single buy or sell order."
In a transcript of a CNBC interview, Warren Buffett talks about a $128 gift being given to a Pennsylvania school by the daughter of a man who had an "enormous impact" on his life and investing style.
Warren Buffet's investing partner and Berkshire Hathaway Vice-Chairman Charles Munger has made a couple of very big donations to a pair of schools in the Los Angeles area.
With the stock market booming and wealth in America exploding, more of the rich and super-rich are giving big bucks to charitable causes.
Peter Buffett has a new CD of songs from his heart, a billion-dollar foundation working to avoid what he calls "philanthropic colonialism," and an invaluable life lesson from a very famous father named Warren that's brought wisdom, if not great wealth. PLUS Free MP3 download of the song Reminder from Peter Buffett's Staring at the Sun.