As young men born in the same year (1955)‚ they set out from the same starting point‚ but with radically different personalities. In the early days of personal computers‚ both dropped out of college and launched their own businesses. Of the two‚ the late Steve Jobs was always the quick‚ live-for-the-moment hare‚ while Bill Gates was the dispassionate‚ lawyerly‚ bide-your-time tortoise. For two decades‚ the race between the two went according to script‚ with the hare jumping out to a huge early
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donate money to charity. Warren Buffet and Bill Gates took the initiative to gather a lot of rich Americans and persuade them to give more than 50% of their fortune to charity. Warren Buffet is a very wealthy man‚ and he’s slightly generous with regarding to money. He’s not the man who seems to care a lot about his own wealth. Warren Buffet‚ who shows us several times that he‚ is a philanthropic man by all means. He doesn’t really need any more materiel things. Warren is able to live a perfectly
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Two Successful Business People Who Inspire Me Success is something that we all aspire to. We cannot feel genuinely happy for long if we felt like a failure within. The most encouraging reality about success is that it is attainable to all irrespective of who we are what we are or where we are. Success also has a different meaning for each one of us. Success being a personal realization should logically be achievable by all‚ but we know that this is not really so. Most of us are unable to accomplish
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International‚ and Netjets. It also owns half of Heinz and has significant minority holdings in American Express‚ Coca-Cola Company‚ Wells Fargo‚ IBM‚ and Restaurant Brands International. I have done a lot of research into Berkshire Hathaway and CEO Warren Buffet but have been unable to find a vision or mission statement. If I had to make up a vision statement that suitably fit Berkshire Hathaway it would be the following: “Berkshire Hathaway strives to be the best-recognized‚ most highly respected
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In May 2005 Warren Buffets’ Berkshire Hathaway’s subsidiary company MidAmerican Energy Holdings successfully took over the electrical utility company PacifiCorp. The company was purchased for $5.1 billion in cash plus debt assumption of $4.3 billion. The deal is the result of Buffet’s intense search‚ over several years to find an attractive acquisition. This case study evaluates the impact the acquisition has on the share price of both Berkshire Hathaway Ltd and Scottish Power. A valuation is conducted
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and then one day went to the roof which was the 25th floor‚ and looked off‚ that would seem like a gigantic fall compared to my ground level window. Without one I would have no perception of what the other could be. Ever heard of the billionaire Warren Buffet? He is a
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As many investors now say‚ it is getting harder to find value in choosing stocks and acquiring companies particularly successful ones. This is why in 2001 Warren Buffet said “We need elephants to make significant gains now-and they are hard to find” This is very similar to today’s valuations of companies that are now back to all-time highs so it is more difficult to find intrinsic value in a company. As Mr. Buffet many times has said there needs to be intricsic value when investing which he defines
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Lyndon Baines Johnson‚ set up a committee led by chief justice Earl Warren‚ to conduct an official investigation into Kennedy’s murder. They were under immense pressure by the public to come up with a conclusion. On 24 September 1964‚ the Warren Commission finally issued a report of their findings. They concluded that President Kennedy was murdered by a single gunmen‚ Lee Harvey Oswald. There were numerous reasons why the Warren Commission came to this conclusion‚ varying from Oswalds background
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half of their wealth to charity. The people who make the pledge‚ have all that in common‚ that even though they give away half of their fortune‚ they still have more money than they can spend in a lifetime. In text two “My Philanthropic Pledge” Warren Buffet writes subjectively about the trend‚ and the reasons why he has make the pledge. He advocates the pledge‚ and encourages other wealthy people to do the same. One major argue he uses is that even though the supporters have to give away half
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must not only concentrate on making money. Second‚ the economic success couldn’t bring spiritual happiness for people. People should focus on spiritual happiness more than the economic success. For instance‚ one of the richest people in the world Warren Buffet‚ he donated thirty billion dollars for the charity‚ because he knows when it comes to money‚ “giving” can always get more happiness than “receiving”‚ and donation is one way that he can gain happiness from it. Based on what has been discussed
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