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Posts Tagged ‘Warren Buffet’

According to Hurun Report’s annual Hurun China Rich List, Wang Chuanfu is China’s richest man. Chuanfu, founder and chairman of BYD (Build Your Dreams) Auto, has a personal fortune estimated at $5.1 billion. American investor Warren Buffet, currently the world’s second richest man (correct me if I’m wrong), invested $230 million in BYD last year. The investment quintupled the value of BYD over the past 12 months. It was reported in August, that Warren Buffett earned a $1 billion profit from an

The world’s few remaining billionaires all over the globe are turning into eco-barons. The Sunday Times had published first Green List of top 100 rich who are investing in some green technology or the other.  Environment is taking precedence in business too. Economics is turning into Geonomics. Yes, world wealth has gone down with recession and in the times of crisis it is quite intriguing that rich are investing in green technology. On top of the Green 100 list is Warren Buffet whose net

Create wealth using the one rule that trumps all other investing advice. Want a hint? Warren Buffet uses this rule to make billions. Late at night, throughout the bars of Wall Street, the professionals must argue long as to what is the one best investing rule to further their careers and riches. Is it ‘use hedge funds’? Or is it ‘diversify’? How about ‘be patient’? No, no, surely it’s ‘buy low, sell high’! Do you have a favorite? Have you retired on yours yet? While I counsel