buffett

Buffett Would Buy Microsoft

May 5, 2011

Value investors should take note that the the Oracle of Omaha, Warren Buffet appears to be bullish about Microsoft (MSFT). Buffett considers MSFT off limits because of his close personal friendship with Bill Gates. Nonetheless, in the following interview, Buffett admitted that MSFT “looks pretty cheap.” Reuters: You’re always looking for value. What about Microsoft? [...]

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Investors Panic Out of Municipal Bonds

November 16, 2010

Municipal and state bond funds have been absolutely hammered since the announcement of QE2 in early November. This “premier” municipal bond fund has been decimated. 15-20% losses in the levered bond funds has not been uncommon. The California municipal bond fund has not fared much better. I did some back-testing and the velocity and magnitude [...]

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Buffett – Maximize Gains Not Taxes

October 20, 2010

This will be the last installment highlighting Warren Buffett’s thoughts about inflation. “We have had a chorus of groans this year regarding partners’ tax liabilities. Of course, we also might have had a few if the tax sheet had gone out blank. More investment sins are probably committed by otherwise quite intelligent people because of [...]

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Why Inflation Kills Retained Earnings

October 20, 2010

Warren Buffett Week continues with some more interesting comments about inflation. Interestingly, these comments were made almost thirty years ago. “In past reports we have explained how inflation has caused our apparently satisfactory long-term corporate performance to be illusory as a measure of true investment results for our owners.  We applaud the efforts of Federal [...]

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How Buffett Looks to Combat Inflation

October 18, 2010

All this week, we’re going to feature Warren Buffett’s comments about how to combat inflation. Buffett wrote a lot about how difficult it was to invest in the inflationary period of the late 70′s and early 80′s. This excerpt is from his annual report on February 27, 1981 Unfortunately, earnings reported in corporate financial statements [...]

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Warren Buffett and the Misery Index

October 18, 2010

[ad#Google Adsense-Leaderboard] Buffet spoke out about the dangers of inflation in his annual report on March 3, 1980. The lesson is: INFLATION + TAXES = THE MISERY INDEX Just as the original 3% savings bond, a 5% passbook savings account or an 8% U.S. Treasury Note have, in turn, been transformed by inflation into financial [...]

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Buffett Criticized By Money Managers Over Role in Bailouts

September 23, 2010

The angry letters keep pouring into the offices of Berkshire Hathaway and Warren Buffett. Buffett who was once revered as an American investing icon is now being criticized for his endorsement of the banking bailouts that started in 2008. Questions have been raised about whether Buffett and Charlie Munger strayed from their ethics when they [...]

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Could Mr. Li Be Buffett’s Successor?

July 30, 2010

There has been some chatter recently that Warren Buffett would name Li Lu, a Chinese hedge fund manager as his successor. Mr. Buffett, 80, has been searching for an individual or a team of investment managers to become the CIO of Berkshire Hathaway. Berkshire stock has struggled with the “succession” issue as investors have been [...]

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