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- Berkshire Hathaway Subsidiary Keeps Coachmen Alive By Acquiring RV Business
- USG Shares Soar On Warren Buffett's "Expression of Confidence"
- Warren Buffett on Market Meltdown: It's Happened Before And It's Been Even Worse
- Berkshire Hathaway Down Almost 50% From All-Time High As Stock Sinks Again
- Berkshire Hathaway Plunges 12% For Worst Day Since 1987's Black Monday
- A Goldman Opportunity: How Average Investors Can "Out-Buffett" Warren Buffett
- Buffett's Berkshire Gets A Billion In Beer Bucks
- Berkshire Hathaway Shares Close Below $100,000 For First Time In Two Years
- Warren Buffett Would Provide Backstop For "Misunderstood" American Express - Barron's
- Out with Cox, in with Uptick Rule
- Pops & Drops: Hewlett-Packard, JP Morgan & Air Wagoner
- Mad Money Green Week: Owens Corning
- Fast & Furious: It's All About Soup
- Web Extra: The Trade on Walmart and RIMM
- Chartology: Grossly Oversold and Favoring the Upside
- The "Armageddon" Gameplan
- What's Next for Citigroup?
- What to Expect From a Geithner-led Treasury
- Citigroup Talks But Nothing "Walks" To Stabilize Firm
- Soros: More Money Needed For U.S. Bailout
- HP Earnings: How Much Will "Hurt" From Economy?
- Obama Warns On Economy: Works On Stimulus Plan
- Citigroup's Ills May Signal Market Isn't Near Bottom
- US Inflation Bonds Hit by Deflation, May Recover
- Pros Say: Market Will Drop 5-10% — Ford Will Boom
- Bonds Drop on Profit-Taking, Geithner Move
- Jack Welch on Detroit: Let Them Go Bankrupt

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AP Warren Buffett plays bridge at the 2005 Berkshire Hathaway shareholders meeting |
While he makes it sounds like this is a commonplace occurence at his local bridge club, he did add with a laugh, "Don't test me on that!" (I'm relieved that Omaha is not actually a hot-bed of debauched bridge parties. Dealbreaker isn't so sure.)
Over the weekend, CBS News Sunday Morning featured a piece by John Blackstone on how Warren Buffett and Microsoft's Bill Gates love to play bridge, and what they're doing to get more young people interested in a game that mostly attracts older players. Buffett and Gates often play together online, and sometimes in person.
Along with putting a lot of money into a program to teach bridge to junior-high school kids, Buffett also lends his name to the Warren Buffett Challenge Match, pitting the USA against Europe in the "Ryder Cup of bridge." The USA won the first match in 2006.
A rematch is scheduled for this coming September in Kentucky. The site includes an interesting essay titled Buffett on Bridge, in which international player Sharon Osberg says Buffett is near world-class due to his "logic, his ability to solve problems and his concentation."
In the CBS piece, Buffett talks about the business lessons he's learned from playing bridge:
"You have to look at all the facts. You have to draw inferences from what you've seen, what you've heard. You have to discard improper theories about what the hand had as more evidence comes in sometimes. You have to be open to a possible change of course if you get new information. You have to work with a partner, particularly on defense."
As CBS puts in, "You can do worse than heeding advice from Warren Buffett."
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