﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0"><channel><title>The Oracle of Omaha from Newser</title><description>Arguably the most successful investor ever, billionaire Warren Buffet continues to eschew the trendy in favor of the traditional.  And he and the other wealthiest person in the world, Bill Gates, play a mean game of bridge with each other.  Learn more from the man some call the Oracle of Omaha:</description><link>http://www.newser.com/</link><copyright>2008 - Newser</copyright><language>en-us</language><generator>Newser Feed Generator</generator><pubDate>Thu, 20 Nov 2008 3:45:55 CST</pubDate><item><guid isPermaLink="true">http://www.newser.com/story/40208/buffett-im-buying-american-you-should-be-too.html?refid=rss_all_default</guid><title>Buffett: I'm Buying American. You Should Be, Too.</title><description>“I’ve been buying American stocks,” Warren Buffett writes in the  New York Times , and he'd like to see a stampede of others following suit. Sure, the financial system is a mess, global economies are faltering, unemployment is rising, and headlines will continue to terrorize markets. But markets will repair themselves, says the Oracle of Omaha, and those who wait for "the comfort of good news" will lose out.</description><link>http://www.newser.com/story/40208/buffett-im-buying-american-you-should-be-too.html?refid=rss_all_default</link><pubDate>Fri, 17 Oct 2008 8:16:27 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/39619/market-meltdown-reshapes-forbes-rich-list.html?refid=rss_all_default</guid><title>Market Meltdown Reshapes Forbes Rich List</title><description>The mortgage meltdown has certainly hit middle-class Americans hard but hasn't spared the uber-wealthy, Bloomberg reports. Las Vegas Sands CEO Sheldon Adelson’s net worth shed $4 billion between Aug. 29 and Oct. 1, for instance, while Warren Buffett overtook Bill Gates, whose net worth declined $1.5 billion, as the richest American. Other losers and their losses:</description><link>http://www.newser.com/story/39619/market-meltdown-reshapes-forbes-rich-list.html?refid=rss_all_default</link><pubDate>Fri, 10 Oct 2008 5:14:12 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/39266/in-crisis-buffett-is-modern-jp-morgan.html?refid=rss_all_default</guid><title>In Crisis, Buffett Is Modern JP Morgan</title><description>Amid the financial panic of 1907, financier JP Morgan stepped in to play the role of central bank, crafting an economic rescue plan and using his personality to offer worried Americans a psychological boost. Today, Warren Buffett’s financial aid to Wall Street and calming influence on Main Street are echoing Morgan’s work, the  New York Times  reports.</description><link>http://www.newser.com/story/39266/in-crisis-buffett-is-modern-jp-morgan.html?refid=rss_all_default</link><pubDate>Mon, 06 Oct 2008 11:08:24 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/38927/buffett-grabs-3b-chunk-of-ge.html?refid=rss_all_default</guid><title>Buffett Grabs $3B Chunk of GE</title><description>Mega-pockets investor Warren Buffett is sinking $3 billion into General Electric, whose share prices have slumped a third amid the financial chaos on Wall Street, Reuters reports. Buffet, 78, negotiated a 10% dividend, which could generate $300 million income a year.  The move comes a week after he invested $5 billion in Goldman Sachs.</description><link>http://www.newser.com/story/38927/buffett-grabs-3b-chunk-of-ge.html?refid=rss_all_default</link><pubDate>Thu, 02 Oct 2008 1:12:17 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/38442/buffett-gains-big-say-on-nuclear-power.html?refid=rss_all_default</guid><title>Buffett Gains Big Say on Nuclear Power</title><description>Warren Buffett’s $4.7 billion agreement to rescue Constellation Energy Group this week netted the billionaire investor more than just a utility. Buffett now will have a big say in the future of nuclear power in the US, the  Wall Street Journal  reports. He has long been skeptical of the industry, arguing that the plants are too expensive to build. The deal gives him control over 3 plants as well as half of a prominent nuclear development company.</description><link>http://www.newser.com/story/38442/buffett-gains-big-say-on-nuclear-power.html?refid=rss_all_default</link><pubDate>Fri, 26 Sep 2008 7:32:24 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/38372/for-buffett-goldman-deal-was-a-snap.html?refid=rss_all_default</guid><title>For Buffett, Goldman Deal Was a Snap</title><description>Billionaire Warren Buffett has been getting a lot of calls lately from struggling Wall Street firms looking for a savior, from Bear Stearns to Lehman Brothers to AIG. He’s turned them all down, the  Wall Street Journal  reports, but when Goldman Sachs called Tuesday, the Oracle of Omaha ponied up $5 billion within hours, on a gut feeling that Goldman was a survivor. "I didn't see a book," he says, "I just made a judgment."</description><link>http://www.newser.com/story/38372/for-buffett-goldman-deal-was-a-snap.html?refid=rss_all_default</link><pubDate>Thu, 25 Sep 2008 6:28:35 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/38276/women-tower-in-buffetts-biography.html?refid=rss_all_default</guid><title>Women Tower in Buffett's Biography</title><description>Warren Buffett’s personal life is a lot messier than his balance sheet, according to a biography. In  The Snowball: Warren Buffet and the Business of Life , which hits stores Monday, the Oracle of Omaha for the first time cooperates with a biographer, producing a revealing look at the folksy billionaire,  Time  reports. Buffett had a terrible relationship with his mother, the book reveals, and has since relied on powerful women to guide him as he focuses exclusively on business.</description><link>http://www.newser.com/story/38276/women-tower-in-buffetts-biography.html?refid=rss_all_default</link><pubDate>Wed, 24 Sep 2008 9:43:14 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/38283/goldman-raises-10b-after-buffetts-buy-in.html?refid=rss_all_default</guid><title>Goldman Raises $10B After Buffett's Buy-in</title><description>Where Warren Buffett goes, investors follow. Goldman’s new stock offering pulled in $5 billion this morning, twice the $2.5 billion the firm expected, as investors followed Buffett’s lead, Bloomberg reports. That extra money, combined with Buffett’s $5 billion investment, “should quickly end credit-market debate about the capitalization and liquidity position of Goldman Sachs,” said one analyst.</description><link>http://www.newser.com/story/38283/goldman-raises-10b-after-buffetts-buy-in.html?refid=rss_all_default</link><pubDate>Wed, 24 Sep 2008 10:02:47 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/38279/buffetts-goldman-buy-stabilizes-stocks.html?refid=rss_all_default</guid><title>Buffett's Goldman Buy Stabilizes Stocks</title><description>Stocks rose slightly at the open, reports the  Wall Street Journal,  buoyed by Warren Buffett’s $5 billion vote of confidence in Goldman Sachs. The Dow Jones rose 21 points, while the S&amp;P rose 0.3%, and the Nasdaq 0.9%. Capitol Hill will again command Wall Street's attention today, and while Congress may be skeptical, Buffett is behind the bailout plan. “I think it was the last thing Hank Paulson wanted to do, but there's no Plan B for this,” he said.</description><link>http://www.newser.com/story/38279/buffetts-goldman-buy-stabilizes-stocks.html?refid=rss_all_default</link><pubDate>Wed, 24 Sep 2008 8:53:35 CDT</pubDate></item></channel></rss>