A Laboratory of the Future Human Experience
Warren Buffett, the famed US investor who heads Berkshire Hathaway Inc, replaced his friend and Microsoft Corp founder Bill Gates as the richest man in the world, Forbes magazine said on Wednesday.
The magazine estimated Buffett’s worth at $62 billion in its annual ranking of the world’s wealthiest people.
Continue reading… “Warren Buffett Named World’s Richest Man”
The billionaire investor Warren E. Buffett disclosed Friday that he had earned profits for shareholders of Berkshire Hathaway by speculating in the Brazilian currency, the real, and by buying a large stake in a French pharmaceutical company, Sanofi-Aventis.
He also complained that many other companies were overstating earnings, and he expressed puzzlement that their auditors let them get away with it.
Continue reading… “Warren Buffett: There’s Folly in Wonderland”