Warren Buffett spent most of 2013 amassing fortunes of over £23million a day through investments into food manufacturing giants like Heinz
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Thursday 07 May 2009
Outlook Warren Buffett says his eyesight isn't so good these days, but even if it were fine, he doesn't think he'd be seeing too many green shoots. Even Lord Mandelson, unreconstructed optimist though he appears to be, sees no more than "green seedlings".
Tuesday 05 May 2009
Monday 04 May 2009
Friday 17 April 2009
Outlook There may or may not be a rapid bounce back in the economy, but the stock market, which tends to discount some way into the future, already seems to have made up its mind and is celebrating as if spring has already fully sprung. Since its low point in early March, the FTSE 100 share index has leapt 15 per cent, led by the banking sector, which has risen by an astonishing 55 per cent. This was admittedly from an extraordinarily low point, but even so, it's quite a rally.
Thursday 16 April 2009
Thursday 09 April 2009
Wednesday 01 April 2009
Monday 30 March 2009
J Sainsbury put out some surprisingly resilient numbers last week, but the market is not so bullish when it comes to Marks & Spencer, which is updating on sales tomorrow. As customers have traded down in the current environment, M&S is expected to suffer.
Thursday 12 March 2009
Monday 02 March 2009
Warren Buffett has told shareholders in Berkshire Hathaway, the holding company of his insurance and asset management firm, that the group has turned in its worst-ever results, adding that investors are "bloodied and confused".
Sunday 01 March 2009
Warren Buffett, the long-celebrated oracle of stock market investing, predicted yesterday that the US economy will remain in a "shambles throughout 2009" and "probably well beyond".
Friday 20 February 2009
Monday 16 February 2009
Tuesday 20 January 2009
Wednesday 31 December 2008
Three cheers for the Pollyannas at Jet Republic, who either haven't realised the world is in economic turmoil or simply don't care. The private jet company – hardly the most recession-proof of sectors – has launched a Ski Card that promises to give clients "easy, hassle-free access to Europe's finest ski resorts". The only problem is their glittering new deal targets a dwindling bunch: those in the City set to pick up bonuses this year. Oops... As the joke runs, for many bankers keeping their job will be their only bonus this year.
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