Warren Buffett 02 (Feb 10 - May 15)

[behappyalways]

Get in shape for the big meeting
http://money.cnn.com/gallery/investing/ ... index.html

[behappyalways]

Warren Buffett's Ode to Coca-Cola
https://www.youtube.com/watch?v=o2wCquJtZrI


Inside Warren Buffett's extravagant 50th anniversary event
http://www.telegraph.co.uk/finance/pict ... me=3289264

[winston]

Warren Buffett, the most successful investor in history, said the economy is on the right track.

Buffett also added that he is optimistic about China. The actions being taken by the Chinese government have a good chance of success.

When asked if US stocks are too expensive, Buffett said the high levels of corporate earnings show how well US companies have performed.

Source: Dr Check, the Standard HK

[winston]

Buffett holds sway on rates and China

Billionaire investor Warren Buffett said stock prices would appear expensive if interest rates normalized from their ultra-low levels.

"If we get back to normal interest rates, stocks at these prices will look high," said Buffett, speaking at the annual shareholders' meeting of his conglomerate Berkshire Hathaway.

Buffett, one of the world's most famous investors, is widely followed for his advice on finance and life. While he often emphasizes the importance of not basing long-term investment decisions on short-term economic expectations, his views on the US and global economies carry significant weight well beyond shareholders.

Regarding the Federal Reserve's loose monetary policy, Buffett said he could not have predicted that rates would remain this low for this long without becoming a problem.

"So far, I have been wrong on interest rates. It's so hard for me to see how, if you toss money from helicopters that eventually you don't have inflation, but we haven't."

He praised China as a rising superpower, saying its people have "found a way to unlock their potential."

His deputy, Charlie Munger, noted China's drive against corruption and its relationship with the United States.

"It's very important that we like and trust one another," Munger said.

Berkshire Hathaway said first- quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives.


Source: REUTERS

[winston]

Stocks "Extremely Cheap Now," Says Legend By Dr. Steve Sjuggerud

"One thing you can say is, stocks are cheaper than bonds. Very definitely."

Legendary investor Warren Buffet was on CNBC yesterday, talking about stocks.

He said what I've been saying – for years.

He said that stocks are somewhat expensive today – IF these were "normal" times with normal interest rates.

The thing is, times are NOT normal today. Interest rates are not normal. They are near zero percent…

"I would've thought by now you would have seen much higher rates than we have now, which is essentially nothing," Buffett said.

"If these low interest rates prevail for five or 10 years, you'll look back and say stocks were very cheap. If interest rates normalize, you'll look back and say they weren't so cheap."

When interest rates are near zero, people are forced to look for other things to do with their investment dollars – like put it into the stock market. On the flip side, when interest rates are high, people will take money out of stocks and put it into interest-earning investments (like bonds).

Buffett doesn't like to make predictions about the economy or interest rates. He prefers to buy great businesses and hold them. However, the interviewer pressed him for his opinion on the future of interest rates…

He waffled a bit on his answer… But my interpretation is that he thinks rates will stay low for a few more years, at least, before ultimately going higher:

It looks to me like they are certainly going to stay low as long as Europe keeps following the present policies and Europe will probably keep following those policies until they see their European economy come back fairly strong.

After saying that, Buffett said he would bet on higher long-term interest rates in the U.S.

My story – which I have stuck to for years – is that these are not normal times. My story is that the Fed will keep interest rates lower than you can imagine, for longer than you can imagine. And that will drive asset prices (like stocks and real estate) higher than you can imagine.

So far, so good. This story is not over yet.

Even better, our research shows that – even after the Fed starts raising interest rates – stocks will likely continue to power higher (see my research about this here).

Interest rates are incredibly low today. That makes stocks incredibly attractive relative to most other investments. And even when interest rates finally start to rise, stocks can still do well.

The world's best investor – Warren Buffett – gets it. It's all about interest rates and relative value. "Stocks are cheaper than bonds," Buffett says. Therefore, money will flow into the stock market.

You don't need to make it more complicated than that. For now, stick with stocks… in our zero-percent-interest world, stocks are where the value is in financial assets.

Most people don't get this… They see that stocks are expensive based on history. But they are ignoring the fact that interest rates are near zero – making stocks cheap relative to bonds.

Take advantage of this now, before everyone else comes around to this way of thinking…

Source: Daily Wealth

[behappyalways]

What Warren Buffett looks for in a company
http://finance.yahoo.com/video/warren-b ... 17096.html


http://www.letv.com/ptv/vplay/22694191.html

[winston]

Here Are 6 Rules For Investing Like Warren Buffett

By Manny Backus

Source: TradingTips

http://www.talkmarkets.com/content/us-m ... m=referral

[winston]

"The stock market is a no-called-strike game.

You don’t have to swing at everything — you can wait for your pitch.

The problem when you’re a money manager is that your fans keep yelling, ‘Swing, you bum!’"

- Warren Buffett

[winston]

13 Priceless Warren and Charlie Quotes From the 50th Anniversary Berkshire Meeting

Source: GuruFocus

http://www.thetradingreport.com/2015/05 ... e-meeting/

[behappyalways]

傅喻专访巴菲特成功之道（上）
http://www.letv.com/ptv/vplay/22758114.html


傅喻专访巴菲特成功之道（下）
http://www.letv.com/ptv/vplay/22758113.html