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Entries from Seattlest tagged with 'warrenbuffett'

October 10, 2008

So much for that 15-year record, Bill. Less than a month ago, we were telling you that Bill Gates had once again topped Forbes' list of wealthiest Americans. As it turns out, a lot changes in a month--especially if you're a multi-billionaire heavily invested in stocks when there is this little thing called a global economic crisis occurring. Due to the economic clusterfuck, Forbes recalculated the richest among us and now Bill will have......

Continue Reading "Bill Gates Not The Richest Man in America"

March 13, 2008

Wall Street is a terrific place. If we wanted to be worth more money in desperate circumstances, we'd probably have to come up with more than a rumor. But not when it comes to the stock market. The P-I reports WaMu's stock rose almost 20% Tuesday on rumors that Goldman Sachs or Buffett's Berkshire Hathaway was in a shopping mood. Of course, that 20% sounds like more than the $1.89/share it turned out to be.......

Continue Reading "WaMu Shareholders Hope Briefcases of Cash Are in Their Future"

March 5, 2008

We guess Forbes went back to measuring rich folks. It was announced today, courtesy of Forbes' annual billionaires list, that Bill Gates is no longer the richest man in the world. The title now belongs to U.S. financier Warren Buffett, who had a very good year in 2007. He saw his wealth jump from an estimated $52 billion to $62 billion. A $10 billion year in the midst of a recession--wow. Interestingly, Buffett saw......

Continue Reading "Gasp! Bill Gates No Longer the Richest Man in the World"

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