Warren Buffett

26 Rich People Who Live Like the Average Joe

Even the richest people in the world practice frugal living.<p>Most of us think if we were incredibly wealthy, we would live a life of opulence. Yet …

Career Development

How to Craft Your Life's Purpose and Stop Wasting Your Precious Time Here on Earth

You’ve got problems, I’ve got advice. This advice isn’t sugar-coated—in fact, it’s sugar-free, and may even be a little bitter. Welcome to Tough Love.<p>…

Paramount Pictures

Why the world's top performers always avoid the number seven

Ten years ago, productivity powerhouse Tim Ferriss published <i>The 4-Hour Workweek</i>, a guide to streamlining (and outsourcing) work activities that …

Success

Mobile Homes Are So Expensive Now, Hurricane Victims Can’t Afford Them

Hurricane victims emerging from ravaged trailer parks are discovering that the U.S. mobile-home market has left them behind. In Florida and Texas, …

Business

The House Tax Plan Is Conveniently Full of “Drafting Glitches” That Benefit the Rich

There’s no way Republican lawmakers would have done this on purpose, right?<p>Unless your media diet consists solely of First Daughter-in-Law <b>Lara Trump’s</b> “Real News,” you know that the proposed Republican tax plans are not, in the words of <b>Donald Trump,</b> “so bad for rich people.” In fact, both the House …

Dara Khosrowshahi

Bitcoin House Money

People love or hate Bitcoin.<p>Those who love Bitcoin want to hold and those who hate won't buy, and they can't short or play with derivatives at this …

Business

Time for Warren Buffett to switch up his drink of choice?

By:<p>Call it dietary diversification: PepsiCo could be the next target for Kraft-Heinz after its failed takeover of Unilever, says CreditSights.<p>Half of …

Markets

Young People Are Afraid to Start Businesses. Here's Why That's a Huge Problem

Being an entrepreneur is cooler than ever -- so cool, it seems, that nobody wants to be one.<p>November is National Entrepreneurship month, in which we celebrate entrepreneurs everywhere who boldly sever ties with a steady paycheck and forge their own path to greatness through determination, street …

Entrepreneurship

The Peculiar Story of the Witch of Wall Street

Walking the streets in black clothes and making obscene amounts of money, Hetty Green was one of the Gilded Age’s many characters<p>Comment on this Story

Mental Floss

Watch out for chart crimes, why investors are fed up with Enbridge, and who is avoiding pot stocks

Michael 'Irrelevant Investor' Batnick from Ritholtz Wealth Management provided an entertaining discussion of 'chart crimes' – investment data presented in ways that deceive investors. There are 10 examples of graphics-related malfeasance listed, ranging from unfair choices for start dates, …

Finance

Get Sorted: Is buying Bitcoins really investing?

Bitcoin millionaires seem to be popping up all over the internet, wherever you click. The more often this happens, the more people get interested in …

New Zealand News

How Warren Buffett's Chinese Tesla Plans to Grow Sales 10 Times Over By 2025

BYD chairman Wang Chuanfu has drawn up an ambitious plan for the Chinese carmaker, envisioning the creation of a new-energy corporate giant with …

Tech Industry

China's biggest social media company Tencent is now worth more than Facebook

Tencent, the Chinese internet giant behind the WeChat messaging app, has surpassed Facebook in value after it became the first company in China to be worth more than $500bn (£378bn).<p>The company's share price rose 2.4pc on Tuesday in Hong Kong to leapfrog Facebook and become the world's fifth-most …

China

Is It Time To Pivot Your Business? Pay Attention To These 3 Things

Knowing when to pivot your business can be the difference between success and failure.<p>Knowing when to pivot your business is a skill in itself.<p>It's one thing to build a successful company for a short amount of time, but it's entirely another to build a longstanding business that can outlast …

Entrepreneurship

Why Michael Kors Reminds This Analyst of Berkshire Hathaway

No synergies, no problem?<p>There have been two acquisitions by handbag companies in the last few months, and only one of them is likely to result in …

Jimmy Choo

With Energy Stocks Now Breaking Out, Is The Market In For A Surprise With Only 7 Weeks Remaining In 2017?

Energy stocks are starting to break out; is the market in for a surprise?<p>With WTI and Brent breaking out of the multi-year trend, when will investors …

Business

There's Nothing Stopping Millionaire Leftists from Giving to the Government

There’s an amusing ritual that takes place in Washington every time there’s a big debate about tax policy. A bunch of rich leftists will sign a …

Economics

One growth dud I’d sell to buy Tesco plc

Without some sort of economic moat to exploit in a hugely competitive market, it’s only a matter of time before rivals get the upper hand. This, in a …

Stocks

Budget 2017: the truth about corporate tax cuts

Description Businesses in London and across the UK pay the lowest headline corporation tax rate in the G7Credits Dan Kitwood/Getty ImagesAlt Text …

Economics

Home Capital’s share price surge reduces its lure for bargain hunters

If Home Capital Group <b>Inc.</b> was a steal at $6 a share and a deal at $14, its attractiveness to risk-loving investors is now fading at $17.<p>The alternative mortgage lender, which caters to home buyers who don't qualify for loans from traditional banks, has been on a tear since returning to …

Stocks

Alphabet and Apple Fell Out of Favor in Q3: 13F Filings | Investopedia

Several hedge fund billionaires sold off their stakes in top stocks like Alphabet (GOOGL) and Apple (AAPL) during the third quarter, according to …

Stocks

Bank of America's P2P Payments Business Almost Doubled in October

The future of banking will revolve around the movement of money, not its storage.<p>Last week, I was seated on an airplane next to a student in his …

Banking

Is Warren Buffett Losing His Patience With Wells Fargo?

Berkshire Hathaway sold almost 3.8 million shares of Wells Fargo during the third quarter.<p><b>Wells Fargo</b> (NYSE:WFC) has been a staple of <b>Berkshire</b> …

Stocks

The Dow Jones Industrial Average Is a Joke of an Index, and Here's the Data to Prove It

The Dow has so many flaws, it's practically unusable as a tracking index.<p>For 121 years, the <b>Dow Jones Industrial Average</b> (DJINDICES:^DJI) has arguably …

Stocks

1 Daily Habit that Mark Cuban, Elon Musk, and Warren Buffett All Practice (And You Should, Too)

And why you should develop it too.<p>Mark Cuban, Elon Musk, and Warren Buffett are all titans of their industries--which is why so many people study their daily habits and mantras for success. Ambitious people want to know how they've done what they've done, and more specifically, what they can …

Success

Here’s how much money you need to be happy, according to a new analysis by wealth experts

The idea that money can't buy happiness has been disproved by science, at least up to a point. Experts say that happiness <i>does</i> increase with wealth, …

Wealth

Top 6 Things No One Tells You About Retiring

To make your retirement years truly golden, understand what may be coming your way.<p>Many of us look forward to retirement as the reward for a lifetime …

Retirement

The looming oil price shock that could trigger the next global recession

Revenge, it is said, is a dish best served cold. When Mohammed bin Salman (MBS) rounded up more than a hundred of Saudi Arabia’s richest businessmen, …

Canadian News

Here's what the CEOs of the 11 most successful companies in America studied in college

If you want to be the CEO of a powerful company, choosing the right college major is an important place to start.<p>We took a look at the leaders of the top 11 companies in this year's Fortune 500, and by and large, they each majored in a field directly related to industry of their future employer. …

Business

Buffett, Klarman And Watsa Sit On Huge Cash Stockpiles

With markets climbing to record highs Tuesday, three investing powerhouses await changes in the market and economy. Warren Buffett, Seth Klarman and Prem Watsa each have amassed huge cash stockpiles ready to deploy when better deals emerge.<p>Warren Buffett, CEO of massive conglomerate Berkshire …

Stocks