caption Warren Buffett, CEO of Berkshire Hathaway. source Getty Images / Matthew Peyton Warren Buffett, CEO of Berkshire Hathaway, loves to read. When he began his investing career, he would read 600 to 1,000 pages a day. According to Berkshire Hathaway’s shareholder letters and over two decades of interviews, these are the books that have guided Buffett’s financial wisdom. Visit Business Insider’s homepage for more stories. When Warren Buffett started his investing career, he would read 600, 750, or 1,000 pages of a book a day. Even now, he says he still spends about 80% of his day reading. “Look, my job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action,” he once said in an interview. “We don’t read other people’s opinions,” he said. “We want to get the facts, and then think.” To help you get into … [Read more...] about 19 books billionaire Warren Buffett thinks everyone should read
How do i learn about the stock market
Anothai, now 48, fell in love with computers when he first encountered them on his university campus. Despite his workload as a marketing student he felt driven to learn all he could about computer programming. He even worked as a teaching assistant at computer lab. These were his first steps on a path that would take him to the vice president’s office for Asian emerging markets at Dell Technologies. After graduating with his marketing degree from Assumption University (ABAC), he lost no time in finding work a sales person for a Thai computer company, SVOA, where he stayed for three years. By that time, he made good on a plan to become an entrepreneur. He joined with a friend to set up a local brand PC company and ran the business for two years. With that taste of entrepreneurship behind him, he returned to the corporate world, joining Compaq Company in its product and marketing department. He recalls that the PC market had been dominated by local brand PCs, … [Read more...] about How geek was PROGRAMMED to succeed
The drivers of black cabs in London are required to immediately decide any routes in response to requests by passengers or traffic conditions. The test to become the driver of a black cab is so notorious it’s dubbed “The Knowledge”. It’s assumed to be the hardest test in the world since the prospective drivers must be able to memorize all routes in London city without using maps, navigation systems, or communication among drivers. It takes about 34 months for the average drivers to mentally map about 25,000 streets and addresses, including landmarks and short-cuts. It has been that way since 1856. Then all of a sudden, a new company called Uber launched a mobile application to disrupt public transportation services in major cities around the world. Uber provides an opportunity for anyone in possession of a car and a driver's license to be a “partner” and directly compete against taxis like the black cab without competitive regulations. To make … [Read more...] about ‘New Dark Age’ and the call for new digital literacy
By Jack Ewing The New York Times Milan Schreuer Mon., May 6, 2019 On a breezy day in September, an ominous text message appeared on Fredrik Ekstrom’s phone: Go immediately to the war room. Ekstrom is chairman of Nasdaq Clearing, an outpost of the U.S. stock exchange company in Stockholm, which processes futures trading and acts, in part, as a shield against contagious losses in the global financial system. He headed toward an ordinary conference room outfitted with extra phones, video hookups, data terminals and policy manuals, designed to be a command center in case of a financial crisis. Until then, the war room had been used only for drills. Other senior executives were waiting when he arrived. They described an unfolding disaster. A trader named Einar Aas was having a spectacularly bad day. Ekstrom knew the name. Aas worked from his seaside home in a remote Norwegian fishing village, trading futures contracts tied to the price of Scandinavian … [Read more...] about How a lone Norwegian trader shook the world’s financial system
By Kevin McGran Sports Reporter Mon., May 6, 2019 Let me start today with a correction. Last week I answered a question by saying that the Patrick Marleau’s contract could not be bought out since he signed it when he was over 35. That’s not true. It can be bought out, it’s just that the cap hit will remain with the team. So, kind of, there’s no point. But maybe there is. Credit here to a faithful reader, Dave B, who patiently corrected me. I’ll let him explain. “Hi Kevin. Thanks for answering my question last week about getting another team to buyout Marleau. I have a follow-up comment about it. In your answer, you said that Marleau's contract can't be bought out because it was signed when he was over the age of 35. According to capfriendly.com, a 35+ contract can be bought out, but the team receives no cap relief from the buyout. They would only save 1/3 of the salary remaining on the contract, with the rest payable over … [Read more...] about Dubas Mailbag: Can the Leafs trade Patrick Marleau?