WPCS is a total cluster fukk....that conf call 
Boiler Room: The Official Stock Market Discussion
Goat?
Markets
Warren Buffett Made $37 Million a Day in 2013
There's good reason why Warren Buffett is widely viewed as one of the most successful investors in the world. This past year, the Oracle of Omaha made about $37 million a day, topping a list of billionaires who made the biggest financial gains in 2013. David Friedman, Wealth-X president, joins the News Hub. Photo: Getty Images.
http://live.wsj.com/video/warren-bu...E-E8B202554E17.html?mod=WSJ_hpp_videohome_top
Markets
Warren Buffett Made $37 Million a Day in 2013
There's good reason why Warren Buffett is widely viewed as one of the most successful investors in the world. This past year, the Oracle of Omaha made about $37 million a day, topping a list of billionaires who made the biggest financial gains in 2013. David Friedman, Wealth-X president, joins the News Hub. Photo: Getty Images.
http://live.wsj.com/video/warren-bu...E-E8B202554E17.html?mod=WSJ_hpp_videohome_top
Bernie Madoff
Banned
Overrated. He gets "buffet deals" he's not out here actually trading like the rest of us. Lets see him start with 10g's in 2013 and build it up..Goat?
Markets
Warren Buffett Made $37 Million a Day in 2013
There's good reason why Warren Buffett is widely viewed as one of the most successful investors in the world. This past year, the Oracle of Omaha made about $37 million a day, topping a list of billionaires who made the biggest financial gains in 2013. David Friedman, Wealth-X president, joins the News Hub. Photo: Getty Images.
http://live.wsj.com/video/warren-bu...E-E8B202554E17.html?mod=WSJ_hpp_videohome_top
Bernie Madoff
Banned
And when I say overrated, I don't mean when he was actually out in the markets hustling. I mean now, where he buys preferred stock ect. He's not out here scalping
Pretty sure you could put your money in a savings account and out gross his returns on common stock. Am I wrong?
Domingo Halliburton
Handmade in USA
And when I say overrated, I don't mean when he was actually out in the markets hustling. I mean now, where he buys preferred stock ect. He's not out here scalping
Pretty sure you could put your money in a savings account and out gross his returns on common stock. Am I wrong?
he only started with about 10k and bought Geico shares(which berkshire now owns).
if you adjust it for inflation its like 100k.
edit: I agree though, nowadays he gets a bunch of sweetheart deals. see the BAC deal he did when they needed bailed out. And he took advantage of the inefficiencies of the market 60 years ago that don't exist anymore.
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Domingo Halliburton
Handmade in USA
outsourcing hardware to Foxconn. only lost $4.4 billion last quarter
guess that counts as good news.
Domingo Halliburton
Handmade in USA
on the foxconn news
guess they're only going to concentrate on software and services and this supposedly frees them up from their biggest loser - the hardware.
88m3
Fast Money & Foreign Objects
Domingo Halliburton
Handmade in USA
it's quite the fall from grace but I guess the market is optimistic on the future. still I wouldn't touch this piece of shyt stock anytime soon.
snake oil salesmen. the only way that could have happened is if he caught every "penny promotion" the last 2 years. i wouldn't consider that being able to trade b/c everyone made money on those. plus he's had hundreds of "students" who didn't make nada.
ill
Superstar
He's not a snake oil salesman. You just don't understand what he does. He doesn't manipulate and he doesn't pump. He just follows people that he knows that create pump and dump schemes and he rides their waves. He identifies shytty companies that are being pumped up with no legit reason for a price increase and he rides the wave up and then shorts it on the way down. The patterns he follows happen over and over again thats how he's so successful.
GoogleMe
$ ¥ € £ $
i doubt he really puts in that much work anymore
A Rising Star Emerges at Berkshire
By ANUPREETA DAS
When Tracy Britt arrived in Omaha, Neb., in 2009 to meet with Warren Buffett, she brought a Harvard M.B.A., a glittering resume and a boatload of ambition. But she also brought the famed investor a gift to highlight their shared Midwestern roots: a bushel of corn and a batch of tomatoes.
The seed Ms. Britt planted that day yielded quick results: a job for Ms. Britt as Mr. Buffett's financial assistant at Berkshire Hathaway Inc. BRKB -1.42% Almost four years later, it has blossomed further, with Ms. Britt emerging as one of Mr. Buffett's top lieutenants and even serving as chairman of four companies within his $284 billion conglomerate.
Ms. Britt, now 28 years old and more than five decades younger than her boss, occupies a role unlike any other within Berkshire. With an office next to Mr. Buffett's at Berkshire's headquarters, Ms. Britt helps with financial research, accompanies Mr. Buffett to meetings and occasionally drives him around town. The billionaire gradually tacked on additional responsibilities.
Warren Buffett lieutenant Tracy Britt, photographed around 2007.
The firms in which she serves as chairman, including building-products company Johns Manville Corp. and paint manufacturer Benjamin Moore & Co., total more than $4 billion in annual sales. In March, a few weeks after Berkshire and Brazilian investment firm 3G Capital said they would buy ketchup maker H.J. Heinz & Co. for $23 billion, Mr. Buffett sent Ms. Britt to Brazil, according to people familiar with the matter.
The deal was Berkshire's largest acquisition since 2010, and Mr. Buffett wanted her to know more about 3G's operations, including how the Brazilian firm had turned around Burger King Worldwide Inc., BKW -0.78% the people said.
Ms. Britt is one of the executives the 82-year-old Mr. Buffett is grooming for senior positions after he steps down, say people familiar with the matter and Berkshire analysts. And she isn't the first person that he picked out of relative obscurity: His investment managers, Todd Combs and Ted Weschler, were little-known hedge-fund managers before Mr. Buffett tapped them to handle big slices of Berkshire money.
Ms. Britt is also one of the most influential women within Berkshire, which has three women directors on a 13-member board and five women CEOs out of 81 operating companies.
Ms. Britt "takes care of all kinds of things that come up," Mr. Buffett told college students in Omaha last month.
Ms. Britt and Mr. Buffett declined to comment on her role at the company.
Others familiar with the company say Ms. Britt is increasingly serving as a conduit between Mr. Buffett and the CEOs of Berkshire's various businesses.
Although Mr. Buffett is famously hands-off when it comes to running Berkshire's far-flung units, some CEOs had requested more interaction with each other, wanting to tap other executives as a resource to learn about management practices and other potential ways to collaborate, according to people familiar with those discussions. Ms. Britt facilitated some of those discussions and arranged Berkshire's first-ever CEO roundtable on the sidelines of the annual meeting in May.
"She's got this wealth of information about what's going on at the Berkshire portfolio companies," said Sam Taylor, chief executive of Oriental Trading Co., an online retailer that Berkshire bought in November. "She knows exactly what's going on and where Warren's head is at."
Mr. Taylor, 52 years old, said Ms. Britt is "wise beyond her years."
Others say she always has stood out among her peers.
Janet Hanson, the founder of 85 Broads, a global networking community for women in business and finance, remembers Ms. Britt from when she interned at Ms. Hanson's investment firm as an undergraduate. "She had some sort of internal guiding system that was propelling her forward," Ms. Hanson said. "She was on rocket fuel…this was a gal who was going to get what she wanted."
That summer, Ms. Hanson asked her interns to pick stocks they knew as consumers and thought were good investments. While some of her peers picked highfliers like BlackBerry BB.T -2.18% maker Research In Motion Ltd., among Ms. Britt's picks was Anglo-Dutch consumer company Unilever ULVR.LN +0.45% PLC, the maker of Dove skin-care products and Lipton tea, the type of nuts-and-bolts company that Mr. Buffett has acquired at Berkshire.
Ms. Britt grew up on a family farm—Britt's Garden Acres, outside of Manhattan, Kan.—that produces more than 40 different types of fruits and vegetables ranging from radishes to rhubarb.
She first met Mr. Buffett in 2006 after she arranged a trip to Omaha with Harvard classmates from an organization she co-founded, called Smart Woman Securities, which helps women learn about investing.
Some analysts and Berkshire observers said they see Ms. Britt becoming a top Berkshire executive in the next decade, potentially performing managerial functions such as fixing troubled businesses or negotiating deals, similar to what David Sokol previously did.
Mr. Sokol is a former Berkshire business manager who was considered a protégé of Mr. Buffett's. He resigned in 2011 after disclosures that he had personally bought shares in chemicals company Lubrizol Corp. not long before recommending that Mr. Buffett buy it. Regulators investigated but decided this year not to take any action against Mr. Sokol. Mr. Sokol's lawyer has said that his client didn't violate the law or any Berkshire policy at any time, or intend to personally profit at the expense of his former employer or its shareholders.
"She's stepped into the role of Sokol," said Robert Miles, who teaches a course on Mr. Buffett's investing style and has written three books on Berkshire.
For Ms. Britt, none of this is a complete surprise.
In a recent blog post for Lean In, an online community created by Facebook Inc. FB -1.23% Chief Operating Officer Sheryl Sandberg as part of her campaign to get women to pursue their ambitions, Ms. Britt shared a line from a business-school assignment she had penned to imagine where she would be at the 10-year reunion. She wrote, "My goal is to work with a great investor, who even more importantly is a wonderful teacher and mentor."
A Rising Star Emerges at Berkshire - WSJ.com