38 responses

  1. The Biz of Life
    August 23, 2011

    And I thought it was all because he was born without money.

    • moneycone
      August 24, 2011

      We’ll never know!

  2. DIY Investor
    August 23, 2011

    Great list. In line with Biz of Life I have to add “because he is a self made man.”

    • moneycone
      August 24, 2011

      Self made man who doesn’t mince words…

      • rahill58
        August 31, 2011

        not bad for the son of a US Senator

  3. Erica
    August 23, 2011

    He is featured today in NY Mag on the Approval Matrix, next to City Maps and Eliott Spitzer!

    • moneycone
      August 24, 2011

      He had to be up there! His article in NYT pretty much assured him a spot!

  4. krantcents
    August 23, 2011

    Buffett does not invest in any hi-tech, he only invests in things he understands.

    • moneycone
      August 24, 2011

      Wish Bill Gates had known this *before* trying to convince him!

  5. Squirrelers
    August 23, 2011

    Clever post! I wrote about his some of his other, expanded gold comments, and it got some interesting feedback. Clearly, some don’t totally agree with him. Actually, I think you commented if I recall:)

    Buffett is an interesting, quirky character – at least in relation to his role in the world of investing. Despite his quirks, we would all want to have his investing acumen (and net worth!).

    • moneycone
      August 24, 2011

      Most definitely Squirrelers!

  6. Jackie
    August 23, 2011

    Heh, funny take on this. Did you read The Snowball? He reminds me of one of my grandfathers in that book :)

    • moneycone
      August 24, 2011

      No I haven’t read the book Jackie, should I?

  7. World of Finance
    August 23, 2011

    Warren Buffet, a household name in fact. Nice fun-buffet fact list. :)

    • moneycone
      August 24, 2011

      Thanks WoF!

  8. Darwin’s Money
    August 23, 2011

    Ha! I love his commentary on gold. Funny and true. Yet I’m along for the ride…

    • moneycone
      August 24, 2011

      Yet those who had invested in Gold during the lost decade would’ve made more than Berkshire Hathaway.

      Just sayin’…

  9. Maggie@SquarePennies
    August 23, 2011

    I like his comment on gold also. I’m not into gold because you can’t come out ahead with it. I like a lot about Warren except that he’s a hypocrite & that he doesn’t try to understand tech. We can’t all be perfect, I guess.

    • moneycone
      August 24, 2011

      He simply doesn’t believe in moving with the crowd!

      • moneycone
        August 25, 2011

        Buffett just announced he is going to invest in $5 billion in Bank of America! BofA gets another bailout! Talk about contrarian plays!

  10. Buck Inspire
    August 24, 2011

    Awesome buffet of Buffett facts! That’s a great quote on gold. It makes sense, but with the markets getting tossed around a bit, every flees for safety!

    • moneycone
      August 24, 2011

      When you do think about it, that’s exactly how gold is treated!

  11. Untemplater
    August 24, 2011

    Fun post Moneycone! I had no idea about the cheeseburger, haha that’s funny. No lie, I overheard a colleague say “Who’s Buffett?” the other day – I almost choked! -Sydney

    • moneycone
      August 24, 2011

      Ignorance can be bliss at times!

  12. cashflowmantra
    August 24, 2011

    Pretty clever little post, although I agree somewhat with #8. Berkshire has also sold put options on the S&P 500 index before. He also owned quite a bit of silver but sold way too early and is now dismissive of gold. Seems truly hypocritical to me in a way.

    • moneycone
      August 24, 2011

      Anything if it means a adding value to BRK shareholders!

  13. Hunter @ Financially Consumed
    August 24, 2011

    Awesome post. Your insight is very entertaining. Maybe the rich don’t like Buffets absence of nepotism, but I’m sure Berkshire Hathaway investors appreciate it. If only Rupert Murdoch was the same way.

    • moneycone
      August 24, 2011

      Listening to others voice-mails can be an addicting hobby!
      To be fair and balanced, you need all the facts after all!

  14. Suba
    August 24, 2011

    Insightful and entertaining at the same time. Just got The Snowball from the library. Have you read that one before?

    • moneycone
      August 25, 2011

      I haven’t but I intend to.

  15. retirebyforty
    August 24, 2011

    Great post! I like Branson though, he is a pretty cool Billionaire.

    • moneycone
      August 25, 2011

      I hope Branson is successful in his venture to make space tourism mainstream. That would be cool!

  16. BeatingTheIndex
    August 27, 2011

    You dug up some good stuff about Buffett…Buffett is one heck of a character but I wouldn’t want to be him. I want to be ME where the only thing we share in common is the self made label.

  17. Cherleen @ yesiamcheap
    September 5, 2011

    I will love Buffett because of his favorite foods — cheeseburger, popcorn, and Coke. It shows he still enjoys the simple things in life.

    But I hate him for donating 99% of his wealth to charity. It is not bad to give to charities. I am, in fact, encouraging my children to share whatever little we have to the homeless and orphans. But giving away 99% of what you have is ridiculous! I think he is insane.

  18. Financial Success For Young Adults
    September 6, 2011

    Haha! I like the fact that Buffett likes cheeseburgers and he pledged 99% of his income to charity. It shows just how humble and down to earth he is.

  19. B Kelly @ MoneyMasteryAcademy
    September 9, 2011

    well i like the fact that Buffett does not mix friendship with business! It’s good that he maintains a clear business mind and is not swayed just because he is buddies with Bill…

  20. Daniel
    September 13, 2011

    I love Buffett, he lives his life like he doesn’t have as much as he does. If we all lived like we had 1/2 the money we do, more people would have their financial house in order.

  21. Dana
    September 26, 2011

    It seems Buffer is a rich man but not act like it. :D

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