Word: hathaway
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Dates: during 2000-2009
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...March 9 edition of CNBC's Squawk Box, Becky Quick was interviewing Berkshire Hathaway CEO Warren Buffett when the Oracle of Omaha expressed support for the Obama Administration's mortgage bailout. "Becky," co-host Joe Kernen broke in, "tell Warren you're mad that you've done all the right things and all these other people are going to get bailed out." Buffett replied, "There's nothing wrong with being mad, Joe. It's just that there are times when you're mad about something that you've got to overcome the emotion...
...reading Warren Buffett's much-anticipated letter to Berkshire Hathaway's shareholders, one can't avoid being struck by his faith in the ability of the American people to overcome adversity and to move the nation forward. This is a legacy that stretches from the Revolution to Lewis and Clark on to GI Joe. Despite Buffett's grave concern about the state of the economy now and in the immediate future one of the most striking passages in his letter is "America's best days lie ahead." The same sentence might have been written into the President's address...
...throughout 2009 - and, for that matter, probably well beyond - but that conclusion does not tell us whether the stock market will rise or fall." He also believes that the government's intervention in the financial system, while necessary, will eventually cause a dangerous inflation. (See pictures from the Berkshire Hathaway Annual Shareholders' Meeting...
...bankruptcies are now all commonplace. But Europe's newspapers are struggling just the same. Investment guru (and owner of a big chunk of the Washington Post Co.) Warren Buffett saw this coming. In 2006, he explained the depressing law of newspaper gravity at a meeting of his Berkshire Hathaway Corp.: "Newspaper readers are heading into the cemetery, while nonnewspaper readers are just getting out of college. It's hard to make money buying a business that's in permanent decline." Here's how three of Europe's newspaper firms are trying to prove the sage of Omaha wrong...
...Frank Langella at 6 to 1, Brad Pitt at 15 to 1, and Richard Jenkins at 40 to 1. For Best Actress, Kate Winslet is the favorite at 8 to 5, while I've got Meryl Streep at 9 to 5. The other three in that category are Anne Hathaway at 6 to 1, Angelina Jolie at 8 to 1 and Melissa Leo at 12 to 1. I would be surprised if either category has an upset, but I won't be shocked. I hang sports lines - upsets happen every single...