Warren Buffett News: Happy Birthday Mr. Buffett

BERKSHIRE HATHAWAYWarren Buffett Celebrates Birthday By Loving His Children (WSJ)
What do you get Warren Buffett, the man that has everything, for his 82nd birthday? Deal Journal would have guessed maybe a toy train, but Buffett has answered it himself: nothing. He is the giver on this day. The Berkshire Hathaway BRKB -0.64% chieftain was apparently feeling extra benevolent and proud of his offspring on his birthday. He’s decided to give to their foundations more stock in his conglomerate. The extra amount would be worth over $102 million.

Warren Buffett’s Top Stock Holdings (Kapitall)
Warren Buffett has two golden rules: Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1. So what stocks does his firm, Berkshire Hathaway (BRK.A), think will strictly adhere? There are many ways investors try to mimic Buffett’s legendary success and several approach his value investing philosophy. But if you really want to invest like Buffett, there’s really no better way to start than investing like Buffet. That is to say, look at his holdings and mimic them in your own portfolio. So where to begin? Buffett has 37 stocks in his portfolio. Here are his top 20 holdings, listed by holding value.

Buffett Wells Fargo Bet Helps Berkshire Versus S&P as IBM Trails (SFGate)
Berkshire Hathaway Inc.’s stock portfolio is benefiting this year from Chairman Warren Buffett’s bet on Wells Fargo & Co., the home lender that has rallied 24 percent since Dec. 31. Wells Fargo has averaged about 17 percent of Berkshire’s U.S. equity investments this year, according to data compiled by Bloomberg. That compares with about 1.4 percent in the Standard & Poor’s 500 Index. The gain in the bank’s shares has buoyed the portfolio as other investments, such as a holding in International Business Machines Corp., have trailed peers.

Happy birthday Warren Buffett! 18 brilliant quotes from the greatest investor of all time (FinancialPost)
The Oracle of Omaha, Warren Buffett turns 82 years young today. He may be one of the wealthiest people in the world. But he’s also known as the billionaire next door. He comes off as humble and sometimes uses self-deprecating humor. Maybe it has something to do with the fact that he’s lived in Omaha, Nebraska for most of his life. Buffett also uses extremely easy-to-understand language when referring to business and investments.

Buffet, now 82, reflects on staying in Nebraska (HeraldExtra)
Omaha won’t throw a bash for Warren Buffett’s 82nd birthday on Thursday, and that’s just fine with the billionaire investor. The decidedly low-key lifestyle in Omaha, where Buffett was born and where he’s lived continuously since 1956, is a key reason he chose to remain there rather than trade up to a city with a splashier skyline or new digs closer to Wall Street. “If I had to live some other place I’d be fine doing it, but I can’t think of a better place to live than Omaha,” Buffett said in an interview with The Associated Press.

Dale Carnegie Program Celebrates 100 Years (TheEpochTimes)
Investor magnate Warren Buffett, the world’s third richest man, doesn’t hang his diplomas from University of Nebraska or Columbia Business School on his office wall. He does, however, keep his Dale Carnegie diploma proudly displayed. After completing university, Buffett realized he had a problem: he was terrified of speaking in front of people. …After completing a Dale Carnegie course on public speaking, Buffett immediately sought out a teaching job at the University of Omaha.

ETFs To Invest In The World’s Richest Countries (BusinessInsider)
When it comes to trying to join the billion-dollar club, many investors tend to focus on the world’s wealthiest individuals. They harp on every word legendary investors like Jim Rogers, George Soros and the infamous Warren Buffett say, hoping to gain some sort of insight from these financial Gurus. Few, however, look at the bigger picture. Taking a more macro view of the world can reveal some interesting facts about where the wealth really lies. Given our long standing pedigree of some of the world’s most affluent people, many might automatically assume that the United States would take first place as the world’s wealthiest country.

One of the Best Ways to Build a Dividend Portfolio I’ve Ever Seen… (StreetAuthority)
To build wealth in the stock market, it takes time, study, and a little bit of good fortune. It pays to find a tactic or strategy that has been proven to work time and again. Combining two or more successful strategies can provide the edge needed to create a substantial nest egg or power a portfolio through retirement. Investing for dividends is one proven method of building wealth. Everyone from Warren Buffett and Mario Gabelli to the heads of sovereign wealth funds to the average Joe investor participates in this strategy. The popularity of the dividend investment strategy is of no surprise, provided the fact that historically, more than 40% of the stock market’s returns have been attributed to dividends. That’s one of the reasons why Amy Calistri’s Daily Paycheck newsletter is one of StreetAuthority’s most popular and successful income advisories.

CNBC-TV18 shows how the rich protect themselves (Exchange4Media)
The increase in one’s wealth brings the rise of threat to one’s personal safety. CNBC-TV18 goes behind the scenes to understand and exemplify the rudiments of providing security to the ultra-rich. From Warren Buffett’s bodyguard to a high-tech panic room in a Hollywood mansion and on a mega yacht in Miami, CNBC-TV18 interacts with the men and women who protect the lives of super-rich people. These are nervous times for billionaires around the globe and an entire industry is on call ready to sell super security to the ultra-rich. Dan Clark has worked as Warren Buffett’s bodyguard for almost two decades and made a name for himself in the private security world. In this show, he talks about what it takes to protect and be accountable for the cause of life and death of a world renowned personality.

Symetra Hires Hancock’s Raymond As Insurer’s Strategy Chief (Bloomberg)
Symetra Financial Corp. (SYA), the insurer that counts Warren Buffett’s Berkshire Hathaway Inc. among its largest shareholders, said Craig Raymond was hired as chief strategy officer to evaluate the business portfolio and weigh possible acquisitions. Raymond, previously the chief risk officer at Manulife Financial Corp.’s John Hancock unit, will report to Chief Executive Officer Tom Marra, Bellevue, Washington-based Symetra said today in a statement distributed by Business Wire.

Warren Buffett pops the question (WashingtonPost)
Ask Warren Buffett for a photo, he’ll ask for your hand in marriage. It turns out the Oracle of Omaha has a signature move—and it involves popping the question to the many ladies who ask for a picture with him. And there are many. The first time I saw Buffett propose was at Fortune’s Most Powerful Women Summit last fall. His right knee touched down on the pink carpet as he posed for the camera in a mock proposal to the summit’s main organizer, reporter Pattie Sellers.