Warren Buffett gave one lone business analyst turned biographer unfettered to study him like a fully feathered $62 billion pheasant under glass. Buffet is a cottage industry in books as his ideas and advice are sought from the world's elites. He made all of his files, business contacts and private thoughts transparent before each secret and pearl of Buffet wisdom transformed into the written word. Years passed as the author, Alice Shroeder, slogged through meetings, listened in as he advised and followed the gold brick labyrinth that is the Berkshire Hathaway conglomerate. The book is The Snowball: Warren Buffet and the Business of Life. Interestingly, she left off the name most know him by, The Oracle of Omaha while following his dictum that if another version of a story about him put him in a more unflattering position, use that one. She did.
This son of a hardcore republican business man became a leading liberal philanthropist with a rapier mind geared towards business and presidential politics. Being flush with cold hard cash during the economic times, WB, poured at least 8 billion dollars into the US stock market with Goldman Sachs being the beneficiary of at least 5 billion bucks. On the political front as the premier honcho on business, he squarely came down in supporting future president Barack Obama. Yesterday, the 78 years young political insider did a fundraiser for Barack Obama in California's chic Century City for the still well-heeled. His advice is straightforward.
This son of a hardcore republican business man became a leading liberal philanthropist with a rapier mind geared towards business and presidential politics. Being flush with cold hard cash during the economic times, WB, poured at least 8 billion dollars into the US stock market with Goldman Sachs being the beneficiary of at least 5 billion bucks. On the political front as the premier honcho on business, he squarely came down in supporting future president Barack Obama. Yesterday, the 78 years young political insider did a fundraiser for Barack Obama in California's chic Century City for the still well-heeled. His advice is straightforward.Mr Buffett wrote: "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.Warren Buffett was at the California Woman's Conference with 14,000 attendees. In a moment of irony, Buffet was on an all guy panel with Chris Matthews between Buffet the Obama supporter and the McCain supporting governor and husband of the conference organizer, Maria Shriver. All three have known problems with relating to females. Michelle Obama was a great hit last year in the hall, but no one knew as California was in the midst of its worst firestorm.
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