Six Facts: The Impact of Capitalism

With the political debate gravitating toward socialism and capitalism, today we take a look at six facts that tell us about capitalism in four countries.

What We Can Learn From Warren Buffett

His 50th anniversary, Warren Buffett’s letter to his shareholders again conveys what he did right, what he did wrong and his folksy investing advice.

Some Warren Buffett Investing Wisdom

Guilty of probability neglect, we should listen to Warren Buffett’s advice on investing and use cost/benefit analysis whenever emotions overwhelm logic.

Mergers and Acquisitions: A Comeback

By Alexandra Kaiser, guest blogger, Kent Place School alumna and undergraduate at New York University I have been reading many news articles on recent mergers and acquisitions. 2013 started off with companies spending $219 billion on M&A. Compared to the…

Oligopoly: A Ketchup Story

Called the “Ketchup Conundrum” by journalist Malcolm Gladwell, we have many mustards but only one ketchup. Grey Poupon transformed the mustard market. Originally a delicacy in the gourmet section, Grey Poupon was selected over French’s in taste tests. However, a $1.49…

US Economic Growth: Buffett and Gates

My story starts yesterday with a Penn Professor of Astronomy and Astrophysics. Explaining that an image of the history of the universe could emerge from two celestial bodies, he added that similarly, we could describe the US economy through Warren Buffett and…

A Warren Buffett Story

If you had purchased Berkshire Hathaway stock on December 6, 1976, you paid approximately $77. At yesterday’s closing price, one share of the same firm (BRK/A) was $127,550. (Looking at the BLS CPI inflation calculator, $77 in 1976 is equal…

Notes From Warren Buffett

Released yesterday, Warren Buffett’s annual letter to shareholders, as always, included sections that make me smile:  Talking about how he uses a consistent standard to assess Berkshire Hathaway’s performance:“That keeps us from the temptation of seeing where the arrow of…