World’s 2nd Richest Man Hires Richest Man As His Philanthropic Advisor!
You may have heard today that Warren Buffett is giving away his billions to Bill Gates’s Foundation to give away. It amounts to about 3 billion a year at the current stock price which is pretty impressive. It looks like charitable giving is now back in style!
What I thought was truly impressive is that Buffett only draws a salary of $100,000 which is probably amongst the least of all publicly traded companies in the US. His wealth comes from his 38% ownership in Berkshire Hathaway and the money he’s been investing on his own which has probably done better than the approx 30% return that Berkshire has seen. So essentially he gets a performance incentive for managing the companies money!
![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
- Buffet Thinks The Dollar Will Continue To Slide The Wall Street Journal had an article that Buffet is buying foreign companies now. Berkshire recently bought Israeli car manufacturer Iscar and it looks like that just the beginning.The continuing weakness of the dollar despite higher rates strengthened his view that Berkshire needed to invest in companies and securities overseas......
-
![[1 Ounce Perth Mint Lunar Series Silver Dragon]](http://photos1.blogger.com/blogger/4467/604/200/aust.2000.dragon.jpg "[1 Ounce Perth Mint Lunar Series Silver Dragon]")
1 Ounce Silver Dragon Bought a 1 ounce silver dragon coin on Ebay. Its a beautiful coin, minted by the Perth Mint in Australia. [As I mentioned in a previous post, I'm a big fan of the Perth Mint's Golden Lunar Series.] Don't know why I bought it. Maybe its because I like...... - A New Kind Of Nigerian Scam? I recently got an email from a reader that I think I should share with you. It involves a new kind of scam and you need to be aware of it.Hi: I have a question regarding real estate fraud. I have an ad on a website selling my property (for......
Related Websites
- Review of the Richest Man in Babylon This is probably one of the most commonly used books by those who are looking to create wealth. It first came onto the scene in 1926, and shot to fame during the Great Depression as the desperate populace looked for a way out of poverty. While this book does raise......
- Giving Away Another Mohu Leaf Antenna It seems like just yesterday, but two months ago I reviewed the Mohu Leaf, an antenna that picks up the over-the-air (OTA) HDTV signals to give you free television. It's like the days before cable, but you actually get reception... ... and not just reception... great reception in my experience.......
- My Risky Private Stock Investment Pays Off... Sort of Before I started this blog, I was a software engineer. Seven years ago, almost to the day, I signed on to become employee #7 at a new start-up and, like many start-ups, I put in long hours designing much of the database and business logic. I was a team player.......
[All content is copyright of Living Off Dividends & Passive Income]
Leave a Reply