Subject:
Warren Buffett Warren Edward Buffett (born August 30, 1930) is an American investor, businessman, and philanthropist. He is one of the most successful investors in history, the primary shareholder and CEO of Berkshire Hathaway. Measured by market capitalization in the Financial Times Global 500 Berkshire Hathaway as of June 2009 was the eighteenth largest corporation on earth.
Buffett is called the “Oracle of Omaha” or the “Sage of Omaha” and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. Buffett is also a notable philanthropist, having pledged to give away 85 percent of his fortune to the Gates Foundation. He also serves as a member of the board of trustees at Grinnell College. (Wikipedia Feb 2010)
The Common Stock Legend
By John Schroy, on June 1st, 2006 |

The topic “Baby Boom — Baby Bomb?” was debated by Michael Milken and Professor Jeremy Siegel in April 2006. This debate was featured in BusinessWeek in the article, “When Boomers Cash Out: A buy-and-hold legend sees tough times ahead.” Professor Siegel is the guru of the Common Stock Legend, having authored the best-seller, “Stocks for the Long Run”,
US Trade Deficit
By John Schroy, on April 9th, 2006 |

When the Sage of Omaha, Warren Buffet, fretted last year that the trade deficit signified that foreigners were taking over the United States, he echoed common misunderstandings about the excess of US imports over exports and the growing volume of dollar assets held by the rest of the world.
The nice thing about the US trade deficit is that it represents the exchange of foreign goods and services for dollars, not foreign money.
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