The Warren Buffet you see now is the end product of meticulous years of hard work, the right connections, tons of failures and learning experience, and working with what he had at each stage of his life and success. He didn't start out as a billionaire and at that time, if he had tried to make money as if he had billions of dollars, he probably wouldn't have succeeded.
Warren Buffett says Berkshire Hathaway is the "dumbest" stock he ever bought.
He calls his 1964 decision to buy the textile company a $200 billion dollar blunder, sparked by a spiteful urge to retaliate against the CEO who tried to "chisel" Buffett out of an eighth of a point on a tender deal.
June 9 (Bloomberg) -- A few weeks ago Bloomberg News reported that, in just the past year, hundreds of students at the Harvard Business School have taken something called the M.B.A. Oath.
This is Jake Berzon of Odesskiy Listok's take on Fortune Magazines Best Best Stocks for 2008.
Annaly (NLY) – This company used to be on my watch list. It is a rather volatile stock that is in the current at-risk business (Fannie Mae and Freddie Mac are private companies), whose stock appreciated while all of the financials depreciated – so it is bigger gamble than I am willing to take.
