Warren Buffett

A Successful Bid

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Hoping to buy your way into the workforce; it’s going to cost you.

Ted Weschler was the managing partner at the Peninsula Capital Advisors hedge fund. According to MSN Money for the last two years he has been the anonymous bidder to win a private dinner with billionaire investor Warren Buffett. Each year he won buffet’s exclusive company with a bid of $2.6 million. The money goes to benefit Glide Memorial, a well known mission and church located in San Francisco. But this year his bid bought him more than just a meal.  read more »

Focus, Mr. President

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As a youngster my father was always preaching to me about focus. He was a very successful senior officer of an auto manufacturing firm, and as an engineer knew the importance of focusing on the problem at hand. He said it would help me chose a career best suited for my talents, and focus would help me survive in the dog-eat-dog world of capitalism.

Unfortunately my father is not around to pass that career advice on to President Obama. But billionaire investor Warren Buffet apparently feels the way my father did, because he’s calling on Mr. Obama to focus on the economy right now.  read more »