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Tag Archives: Warren Buffet

Buffet Challenges Trump: Release Your Tax Returns

Warren Buffett - Caricature, courtesy of  DonkeyHotey
Warren Buffett – Caricature, courtesy of
DonkeyHotey

On the campaign trail in support of Democratic presidential candidate Hillary Clinton, billionaire Warren Buffet challenged Clinton’s rival, Republican candidate Donald Trump, to release his tax returns.

The race for the President of the United States is Trump’s first encounter with running for any kind of office. Not a politician, Trump is a businessman who claims his success in business is his main qualification to become president. Buffet, also a businessman, questioned Trump’s claims, demanding that he release his tax returns.

Trump’s response was to say that since he is being audited at the moment by the IRS he could not release them. Buffet replied to the rebuff at the rowdy, Nebraska ralley:

“Now I’ve got news for him,” said Buffett, whose Berkshire Hathaway (BRKa.N) conglomerate is based in Omaha. “I’m under audit, too, and I would be delighted to meet him anyplace, anytime, before the election.

“I’ll bring my tax return, he can bring his tax return … and let people ask us questions about the items that are on there,” Buffett said. He added that Trump is “afraid” not of the tax-collecting IRS but of voters.

Buffet Says Neither President Can Stop US Economy

Warren Buffet, a financial guru for many in the US, says the US economy will continue to grow whether Hillary Clinton or Donald Trump wins the Presidential election. Though neither candidate is yet officially running for president, by the end of the summer, after the Republican and Democratic conventions choose their candidates, the most likely… Continue Reading

Warren Buffet’s “Fundamentals of Investing”

Investment tycoon Warren Buffet recently shared an exclusive clip from his letter to Berkshire Hathaway shareholders, in which he lists the “fundamentals of investing”. Fortune Magazine shared Buffet’s points with the following bullets: You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, you must recognize your… Continue Reading

Warren Buffet on Value and Quality Stocks

Warren Buffett, arguably the most famous “value investor”, recently discussed high quality stocks. In a letter to shareholders, he explained how Charlie Munger taught him the true meaning of value: “More than 50 years ago, Charlie told me that it was far better to buy a wonderful business at a fair price than to buy… Continue Reading

Warren Buffet’s Keys to Success

Warren Buffet, founder of Berkshire Hathaway, is one of the most successful investors today. His experience and wisdom are both something to emulate, and many of his quotes have inspired businesses and individuals in the past. “When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever” And: “Rule No.… Continue Reading

Warren Buffett’s Cancer and a Letter to Shareholders

At 82 years old, Warren Buffett is considered one of the most successful investors of all time. The American businessman, investor and philanthropist is the head shareholder, CEO and chairman of Berkshire Hathaway, and has been ranked among the world’s wealthiest people for decades. Often referred to as the “Wizard of Omaha ,” “Oracle of… Continue Reading