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An Unofficial Tracking Blog of World Famous Financial Gurus.

This blog tracks famous financial gurus' market commentary, investment ideas, video interviews and media appearances.

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Tuesday, 24 December 2013

Abolish The IRS , Let the Economy breath

This simplified tax system would also eliminate more than 90% of the IRS’s more than 100,000 employees who have the power to arbitrarily harass people and small business owners ad infinitum, since most of these agents themselves do not have a full understanding of all the tax laws and regulations. (According to an IRS report entitled “Workforce of Tomorrow Task Force: Final Report August, 2009”, the IRS has 88,203 full-time employees, but this...

Why Warren Buffett Might Buy Campbell Soup

Speculation that Campbell Soup may be Warren Buffett's next acquisition target is swirling around the financial media. Many observers believe that Berkshire Hathaway's joint acquisition of Heinz could lead to the acquisition of other branded food companies -- and there are many reasons why it could be Campbell Soup. Campbell Soup has the consistency and durability of PepsiCoEveryone knows that PepsiCo is a great business, but few put Campbell...

Warren Buffett Dives Into Wind Power, Comes Up With Siemens Turbines

Why is everybody making such a fuss about the latest Warren Buffett wind power purchase? Okay, so the legendary investor’s MidAmerican Energy Company has just ordered a huge mess of wind turbines from Siemens, but it was all the way back in May that MidAmerican announced a new $1.9 billion investment in Iowa wind farms, adding up to 656 new turbines to the 1,267 it already has churning out renewable energy in that state.What’s really...