Warren Buffett News: Kids Pitch Business Ideas to Warren Buffett

Page 1 of 2

BERKSHIRE HATHAWAYKids pitch business ideas to Warren Buffett (KSDK)
An online contest is again offering a few young entrepreneurs the chance to present business ideas to billionaire Warren Buffett. Students between the ages of 7 and 16 can submit their ideas until Feb. 15. Four individuals and two teams will be flown to Omaha to present their ideas to Buffett in person next May. Berkshire Hathaway Inc. (NYSE:BRK.A)‘s chairman and CEO says he was impressed with the ideas last year’s finalists presented. The contest is affiliated with the “Secret Millionaire’s Club” cartoon that teaches kids financial principles.

Even Warren Buffett Can’t Save the Small Newspaper Business (DailyFinance)
There’s an old saw on Wall Street that goes like this: “With few exceptions, when management with a reputation for brilliance tackles a business with a reputation for poor fundamental economics, it is the reputation of the business that remains intact.” …Meanwhile, everywhere you turn, companies are rising up to siphon away the revenues that newspapers need to cover their costs. Craigslist and its free classified ads. Google (GOOG) and Yahoo! (YHOO) — and yes, DailyFinance’s parent corporation AOL, Inc. (NYSE:AOL), too — offering free the news and views that newspapers charge for. What once was a cash cow has morphed into a miserable business model that’s killed many a paper over the past couple of decades.

Just How Wise is the Sage of Omaha? (TheDailyBeast)
Say you have a million people stand in a row and flip coins a million times. Each time they get heads, you give them a dollar. Each time they flip tails, you take a dollar from them. On average your total payout should be zero*: the tails should cancel out the heads. But that doesn’t mean everyone ends up with nothing more than what they started with. Some people will be horrific losers, mortgaging the house to cover what they owe you. Others will be rich. And at least one will have a run so phenomenal that you’ll think it can’t be luck. He must have some sort of secret skill–the Warren Buffett of coin flippers.

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!