Why I like Warren Buffett.

He understands that Americans will root for rich men only as long as rich men seem to have a rooting interest in America.

Warren Buffett: Stop Coddling the Super-Rich.

Warren Buffett on hiring smart(er) people.

I am not good at tech matters but I have got a lot of people who are. I don’t have to be smart about everything; I didn’t deliver my wife’s baby! So, I believe in using people who are smarter than I am and it is not very hard to find the number that are and certainly in the tech field. I just don’t have that ability but I am reasonably good at spotting the people who do have that ability. We get the best people, and when you get the best people and you let them go, you get the best result.

When Anne Hathaway is in the news, Warren Buffett’s Berkshire-Hathaway stock price increases.

The most innovative product for a financial firm is one that always has volume and, sometimes, always has volatility. Many investors would prefer neither, they would prefer their investments boring. So there’s a clash here.

Similar sentiments were what I gathered from my reading of The Big Short by Michael Lewis. While there was a lot of common sense ignored in some of the large investment firms, it seems that the more transactions you can skim fees off of the better (if you’re a banker) and little thought was placed on the outcome or the quality of investment vehicle.

To me, I take the Warren Buffett philosophy on investing when I think of finance; it should be boring.

Interesting perspective if you’re following the Lebron James free agency sweepstakes.  It seems though that Lebron and his camp may be thinking about his personal brand and legacy.

History also says that LeBron, from his years studying uber-successful mentors Warren Buffett and Jay-Z, is big on the word “partnership.” Sources with a pipeline to his inner circle say that James has been schooled to approach his long-awaited foray into free agency as a search for a business partner who can help cement the legacy of the LeBron brand as opposed to a strict hunt for the on-the-court sidekicks who can help him win the multiple championships he needs to get anywhere near Global Icon status.

I still think he should sign for the league minimum salary and win the next 7 championships, but that will (most likely) not happen. That, to me, is the quickest way to cement a legacy. It’s my guess that he ends up in Chicago or Dallas (long shot).

Price is what you pay. Value is what you get.

—Warren Buffet by way of Benjamin Graham

Apparently, you’re better off lending money (bonds) to Warren Buffett than Barack Obama. Two-year notes sold by the billionaire’s Berkshire Hathaway Inc. in February yield 3.5 basis points less than Treasuries of similar maturity. This comes as the USA risks its AAA rating.

Warren Buffett‘s 2009 Shareholder Letter has been published and, as per usual, it’s full of great insights.

A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors.

– Warren Buffett