Buffett has been critical of how business schools teach investing, accusing the great universities of making things too complicated and failing to teach the fundamentals.
To Warren Buffett, stocks aren't price quotes or lines on a chart. They're a slice of a company's future profits, and that's how they need to be evaluated.
Buffett and Munger don't mind paying big money to managers who deserve it. The problem is that a lot of CEOs are getting enormous paychecks no matter how they perform.
Warren Buffett and Charlie Munger are voracious readers. Over the years, they've shared book recommendations — and insights gained from their favorite reads — with Berkshire shareholders.
Warren Buffett warned that "easy lending" in the mid-2000s was artificially inflating home prices. Like many others, however, he did not foresee the devastating impact the housing bubble's collapse would have on the economy as a whole.
Every year, Warren Buffett and Charlie Munger delight shareholders with quips and advice about investment strategy, business and personal relationships, how to succeed in life, and more.
Warren Buffett delivered newspapers as a child. He reads five papers every day. He loves them—and for a large time he loved their reliable profits, too. Then the internet came along.
For years, Warren Buffett avoided tech stocks because he didn't "understand" enough to pick future winners. He changes course, however, when he invests in IBM in 2011 — and Apple in 2016.
These crime scene photos, used as evidence in court, show the damage an intentional explosion set by Monserrate Shirley and Mark Leonard had on dozens of homes in their Richmond Hill neighborhood.
It can be tempting to grab a great deal online right away—but first, protect your wallet by knowing how to spot some major warning signs.
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