The Facebook Face-Plant: “Nobody Put a Gun to Their Heads”
A friend called up today about the Facebook “Face-plant” hysteria: he wanted to know why everybody was looking for somebody to blame. “They wanna blame the underwriters, they wanna blame the analysts, they wanna blame NASDAQ, the...
So Inflating Your C.V. Is Worse Than Inflating Your Earnings…
Poor Scott Thompson. The world’s (currently) most famous accused-resume-inflator is gone from the C-Suite at Yahoo. Oh, and he has thyroid cancer to boot. Meanwhile, Wall Street’s Finest are gearing up for next week’s ...
Berkshire 2012: The Times They Are A-Changing and Other Observations
Editor’s Note— This year we’re utilizing a shorter, snappier way to summarize the Berkshire Hathaway annual meeting as a way to spare readers the redundancies in Buffett and Munger’s question-and-answer session. After all, the comment...
Berkshire 2012: A Glimpse of Things to Come
Tighter security and more of Buffett the analyst than Buffett the new-age spiritual guru were the biggest changes at the Berkshire Hathaway meeting this year. Gone were the softly-whispered questions from young students and middle-aged...
Doing the Right Thing: Upside? Zero. Downside? Financial Ruin…
In a typically breezy, highly readable and highly informative blog post (Bronte Capital: Daddy you are more evil than I thought), hedge fund manager (and friend, for the record) John Hempton writes an at once amusing and illuminating description...
David Schwartz: One of The Good Guys
David Schwartz, who passed away last weekend, was one of the good guys. The company he and his wife, Alice, founded in their garage many years ago is a clinical diagnostics and life science products maker called Bio-Rad Labs, which readers m...
Augusta National Golf Club: What Would Warren Do?
Golf’s Masters Facing Male-Only Dilemma With IBM CEO RomettyBy Beth Jinks and Michael Buteau March 28 (Bloomberg) -- Will International Business Machines Corp.’s Ginni Rometty be able to wear a green jacket at the Masters Tournament?&n...
From the Files: "Round Up The Usual Suspects"
Editor's Note: We've been asked to re-post the following column, published during the dark days of 2008 when the financial world as we knew it was coming to an end and then-Treasury Secretary Hank Paulson was pushing a bailout for his former friends an...
Mr. Smith Goes to Wall Street
The emails came pouring in yesterday, from friends and family, all with one, innocuous question: "What did you think of the 'Why I Am Leaving Goldman Sachs' editorial in the New York Times?" The fact is I hadn’t read it: the day-to-day uti...
Mr. Smith Goes to Wall Street
The emails came pouring in yesterday, from friends and family, all with one, innocuous question: "What did you think of the 'Why I Am Leaving Goldman Sachs' editorial in the New York Times?" The fact is I hadn’t read it: the day-to-day uti...
Bill Gates To Succeed Warren Buffett? Not A Chance…
When it isn’t obsessing about the meaning of a meaningless number (“Dow 13,000”), the financial world loves to speculate about the name of the man Warren Buffett has identified as his successor at Berkshire Hathaway.Editor’s Note To Polit...
Warren Buffett, Mercenary
Well at least Buffett laid off the politics. His 2011 letter, which is available here and should be read in its entirety (instead of via the thousands of recaps currently going up all over the Internet), is classic Buffett: a review of 2011 ...
