Warren and Doris Buffett Offer Giving Advice Online (Philanthropy)
Now everybody can get free giving advice from Warren Buffett, and possibly some of his family’s money to give away. Mr. Buffett plans to appear in a six-session online course called “Giving With Purpose,” an offshoot of a series of college programs started by Mr. Buffett’s older sister, Doris, and her grandson, Alex Rozek. Ms. Buffett and her grandson run the Learning by Giving Foundation, which provides $10,000 grants to groups of college students who spend a semester figuring out where to give the money—as well as absorb readings and other instruction about smart giving. The course is now offered at 30 colleges and universities but now will be available free online.
Does Honeywell Pass Buffett’s Test? (DailyFinance)
We’d all like to invest like the legendary Warren Buffett, turning thousands into millions or more. Buffett analyzes companies by calculating return on invested capital, or ROIC, to help determine whether a company has an economic moat — the ability to earn returns on its money above that money’s cost. In this series, we examine several companies in a single industry to determine their ROIC. Let’s take a look at Honeywell International and three of its industry peers to see how efficiently they use cash.
Make Money Like Munger: 4 Tips from Warren Buffett’s Right-Hand Man (DailyFinance)
Charlie Munger is best known as the second-in-command behind Warren Buffett at Berkshire Hathaway Inc. (NYSE:BRK.A). He’s also a world-class billionaire investor in his own right, capable of similar market-trouncing results as Buffett himself. As a successful investor and all around nice guy, Munger often shares his investing wisdom with those who care to listen. Paying attention to what he says and acting upon his best advice should help you make yourself financially comfortable — maybe even rich. With that in mind, here are some of his most pertinent words of wisdom for those who want to invest.
Lunch With Warren Buffett Has Raised Nearly $15 Million for Charity (WSJ)
The annual bidding war for lunch with Warren Buffett begins June 2, and going by recent years, fans will likely cough up millions for the privilege of sharing steak with the Oracle of Omaha and gleaning insights from him. The money raised will go, as in years past, to Glide, a San Francisco-based homeless charity. The auction is in its 14th year and has a floor of $25,000 — an amount that at one time was the winning price for lunch with Buffett. Bidding, which takes place on eBay Inc (NASDAQ:EBAY) -0.51%, typically picks up toward the end of the five-day period. Buffett will dine with the winning bidder and up to seven of that person’s pals at the steakhouse Smith & Wollensky in New York.
