Warren Buffett News: Lunch Auction, Fretful Shareholder & China’s H.J. Heinz Company (HNZ) Approval

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Patrick Henry High student’s program ‘Health Matters’ wins kudos from billionaire Buffett (TriCities)
Emma Buchanan wants her classmates and their families to live more healthy lives. And the 16-year-old Patrick Henry High School student has a chance to do just that, thanks to a $4,000 grant that will help her launch an after-school wellness program next year. “It will be a monthly health class in three parts,” she said, adding that the hour-long program will focus on healthy eating habits, exercise tips and learning how to be healthy and live well. Her program, “Health Matters: Teaching Wellness for All Generations,” is getting off the ground after Emma won one of the five GENYOUth Foundation’s AdVenture Capital grants.

Ellie Kemper Asks: Can Men Be Funny? (GQ)
Reading a chapter from Warren Buffett’s Tap Dancing to Work the other day, I was surprised to find myself chuckling out loud. Now this guy is kind of funny, I thought to myself as I turned the page and grabbed another Danish. This guy is kind of making me laugh. And those thoughts that I had quietly, in my head, to myself, made me realize just how rarely I do have those thoughts in my head. And that thought led me to another thought, which was: why is that? Why, on the whole, are men just not that funny? I can’t exactly figure this out. Men, who certainly possess not only the savvy but also the know-how to be funny, for some reason, are just not. I began to notice this at a pretty young age, and unfortunately, a lifetime of living—and not a little bit of regret—hasn’t done much to convince me otherwise. Why do they even try? my 7-year-old self would wonder as I watched Alan Alda flounder helplessly through yet another failed rerun of M*A*S*H. Why is every single Korean-lady extra so much funnier than he is?

Buffett says women are key to growth (VancouverSun)
Billionaire Warren Buffett is optimistic about America’s economic future because the nation has begun to unleash the potential of women. Buffett’s views on the role of women appeared online Thursday in an editorial he wrote for Fortune magazine. He says that most of America’s prosperity was created using only about 50 per cent of its talent – the men. So he’s confident the country will prosper as more women excel in the workforce. “For most of our history, women – whatever their abilities – have been relegated to the sidelines,” Buffett writes.

Nuggets from Warren and Charlie (Telegram)
In early May, tens of thousands of Berkshire Hathaway Inc. (NYSE:BRK.A) shareholders gathered in Omaha to listen to Chairman Warren Buffett and his partner, Charlie Munger, answer their questions for five hours. Here are some paraphrased nuggets from the annual meeting: On Berkshire Hathaway Inc. (NYSE:BRK.A)’s competitive advantage: Charlie: We’ve always tried to stay sane when other people like to go crazy. That’s a competitive advantage. … We’ve used the golden rule, treating our subsidiaries the way we’d want to be treated. … We try to be a good partner to people who come to us. That’s a competitive advantage. Warren: Our competitive advantage is that we don’t have any competitors — people who sell their businesses to us don’t have other attractive options.

Just a few bucks short of a power lunch (JournalNow)
I wouldn’t mind having lunch with the boss. Unfortunately for me, that costs somewhere in the neighborhood of $3 million, which is a neighborhood I rarely visit unless I am stealing hubcaps off Bentleys to sell on eBay Inc (NASDAQ:EBAY). As a small-town newspaper editor in a big company, I have plenty of bosses, but when you quit blowing fur and get to the hide as Jed Clampett once said, my boss is Warren Buffett, one of the richest men in the world, legendary investor and noted philanthropist who would never crack down on some knucklehead for writing a column about him, I hope. Last year, Buffett scooped up a bunch of newspapers, mostly in small cities and little towns, because he loves the medium and believes it is still viable in communities where there remains a true sense of community.



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