- Warren Buffett to Sell Stakes In Union Pacific & Norfolk Southern
- BNSF CEO: Buffett's Bid for Railroad "Warmly Received" In Washington
- Berkshire Hathaway's NetJets Furloughs 495 Pilots
- Buffett's Berkshire Hathaway May Lose Only Remaining AAA Credit Rating
- Buffett to CNBC: Berkshire Talking to 5 Firms About Buying Tax Credits
- CNBC Transcript: Warren Buffett Explains His Railroad 'All-In Bet' on America
- Warren Buffett to CNBC: Berkshire Businesses Doing 'Just a Tick Better'
- Warren Buffett Tells CNBC Burlington Northern Buy Is 'Bet' On America
- Warren Buffett Sells More Moody's After Stock Rebounds
- Warren Buffett Beats Bill Gross As Best Investor - Bloomberg Poll
RSS FEED
MOST SHARED
- Home Prices Start to Stabilize In the US as Sales Pick Up
- Dow Industrials at New Highs—But Other Indices Lag
- S&P Stocks Trading at New 52-Week Highs
- Future of Marketing
- Israel: Leader of Business Innovation
- Rock Band Weezer Uses Snuggie to Promote New Album
- Dow Up Over 100 After G20 Stimulus Pledge
- Why Health Care Bill Is Facing Such a Tough Fight in Senate
- Priceline Crushes Profit Forecasts; Shares Jump
- Warren Buffett to Sell Stakes In Union Pacific & Norfolk Southern
- Nov. 9: Unusual Volume Leaders
- The Battered Businesses Behind Housing
- Modern Warfare 2's Record-Breaking Launch
- Merck’s Mega-Monday Morning
- Why are Traders Bullish on This Food Company?
- Profiting From Natural Gas: Strategists
- S&P Stocks Trading at New 52-Week Highs
- Shopping for Answers
- Buffett to Sell Stakes in Norfolk Southern, Union Pacific
- Do You Know Your Coca-Cola Myths?
- Electronic Arts Beats Street, Announces 1,500 Job Cuts
- Time Is Here to Look at Overseas Stocks: Bill Gross
- Home Prices Start to Stabilize In the US as Sales Pick Up
- Flaw in US Data Overstates Growth, Productivity
- Priceline Crushes Profit Forecasts; Shares Jump
- 'Modern Warfare 2' May Be Biggest Event This Year
- Sprint to Cut Up to 2,500 Jobs, Sees Charge
Warren Buffett Watch
Text Size 
 |
Jason Decrow / AP Supermodel Gisele Bundchen in a 2006 photo |
Bloomberg today is comparing the Brazilian supermodel Gisele Bundchen, the "world's richest model" with Warren Buffett, one of the world's richest investors. Bloomberg says she "is at the top of a growing list of rich people who have concluded that the (U.S. dollar) can only depreciate because Americans led by President George W. Bush are living beyond their means."
Bloomberg quotes the Brazilian weekly magazine Veja as saying that she demanded Procter & Gamble pay her in euros for representing Pantene hair products. The magazine also says she'll be paid in euros by an Italian designer promoting a new fragrence.
Gisele's twin sister Patricia tells Bloomberg: "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar."
Compare that to what Warren Buffett told CNBC's Mark Haines as Buffett was flying to China. When Mark asked in a telephone chat, 'What is the best currency in the world to own right now?", Buffett responded with a laugh, "Not the U.S. dollar."
The Financial Times Alphaville blog wonders today if those who "failed to heed the warnings of Mssrs Buffett, (Bill) Gross and the other dollar bears" will find "the Bundchen twins more persuasive."
Questions? Comments? Email me at
Data is a real-time snapshot *Data is delayed at least 15 minutes