The David Sokol - Berkshire Hathaway bookshelf

Pleased But Not Satisfied


Behind the Berkshire Hathaway Curtain: Lessons from Warren Buffett's Top Business Leaders

How to Build a Business Warren Buffett Would Buy: The R. C. Willey Story

Integrity is one of the six commandments painted in stark black and white terms. Mr. Sokol quotes Warren Buffett's statement regarding the subject: "Would I be absolutely comfortable for my action to be disclosed on the front page of my hometown newspaper in an article written by a knowledgeable and thorough reporter and read by my family, friends, and co-workers?" As Mr. Sokol says, "Integrity is not complicated. If it seems to be, you probably do not belong on our team."

Warren Buffett's #2 man is out at Berkshire Hathaway

David Sokol, considered by outsiders to be the most likely candidate to succeed Warren Buffett, resigned from Berkshire Hathaway after front-running shares of a company he suggested Buffett buy.

Carlos Slim, the architect

The Museo Soumaya, the second museum belonging to Mexican billionaire Carlos Slim, will house more than 60,000 works of art and will open March 2012.


"There will be two architects on this project—one of them will be me" - Carlos Slim




WSJ Article: Emperor's New Museum

Warren Buffett gets billions back from Goldman Sachs

Never doubt Warren Buffett's ability to make money or get his money back. Especially, these days, with government approval.

The Federal Reserve the results of the second round of stress tests for the nation's banks. The capital and balance sheet assessment results in many banks increasing dividends and adding share buy-backs.

In 2008, during the financial crisis, Warren Buffett invested $5 billion in Goldman Sachs preferred stock paying a healthy dividend.

Warren Buffett, more specifically Berkshire Hathaway (50,000 preferred shares), now gets that equity returned. Nice work Mr. Buffett.

Yeah! "The Billionaires Issue" is here!

Well, the list has been pre-released for a while. But, this is the issue all billionaire watchers have been waiting for...

It is the March 28, 2011 Forbes "The Billionaires Issue." aka - The Richest People on the Planet.

We already knew Carlos Slim was still number one.

However, the current Forbes issue also informs us about: 1,210 billionaires in 54 countries; the boom in Brazil; China's Wealth Factory; and The Facebook Six.

How happy are we at Think Billion$ ...?

Almost a billion dollars happy!

Six Facebook billionaires on the Forbes 2011 richest list

Facebook has six on Forbes' billionaires list

Mexico's Carlos Slim Helú Continues to Super-size his Fortune

World's Billionaires 2011

Why Billionaire Warren Buffett Hates Gold

ZeroHedge article: Why Warren Buffett Hates Gold

Carl Icahn sends billions back to investors

http://www.marketwatch.com/sto...

SAN FRANCISCO (MarketWatch) -- Carl Icahn is returning all outside money from his $7 billion hedge fund firm Icahn Capital because the activist investor doesn't want to be responsible for losing other people's money if there's another financial crisis, according to a letter he sent to clients. "While we are not forecasting renewed market dislocation, this possibility cannot be dismissed," Icahn wrote in the letter, a copy of which was obtained by MarketWatch Tuesday. "Given the rapid market run-up over the past 2 years and our ongoing concerns about the economic outlook, and recent political tensions in the Middle East, I do not wish to be responsible to limited partners through another possible market crisis. After careful consideration of all relevant factors, we have determined to return all fee paying capital to investors."

Bill Gates Talks About Knowledge Revolution at TED [LIVE BLOG]

Bill Gates Talks About Knowledge Revolution at TED [LIVE BLOG]