<![CDATA[Gawker: valleywag, warren buffett]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, warren buffett]]> http://gawker.com/tag/valleywag/warrenbuffett http://gawker.com/tag/valleywag/warrenbuffett <![CDATA[McCain eyes Whitman, Chambers for Treasury]]> If John McCain gets into the White House, he probably won't ask Treasury secretary Henry Paulson to stay. "I think it would be someone that Americans would recognize that would inspire trust and confidence. There's people like John Chambers, there's people like Meg Whitman, there's people like Warren Buffett," McCain told Reuters. Two of those three might consider the job a step up. (Photos by AP/Dharapak, AP/Paul Sakuma)

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<![CDATA[Yahoo bid costs Gates $3.8 billion, Forbes richest man title]]> Bill GatesForbes magazine reports that, worth $58 billion, Bill Gates is no longer the world's richest man. He's the third-richest. Although more than half of his wealth is invested outside Microsoft, Gates can likely blame the bad news on his oldest buddy. Steve Ballmer's unsolicited bid for Yahoo tanked Gates's net worth. Between the day before Ballmer announced the bid and February 11, when Forbes finished its accounting, Microsoft shares fell 15 percent. (Photo by Esparta)

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<![CDATA[Warren Buffett owns newspapers, undermines them]]> Who needs journalists, really? That's what Business Wire argues. Warren Buffett, the billionaire CEO of Berkshire Hathaway, picked up Business Wire in 2006. He claims not to be tech-savvy, but this investment suggests otherwise. Press releases distributed by Business Wire are picked up directly by services like Google News and Techmeme. As a source, Business Wire ranks 32nd on Techmeme's list — not a bad performance. Buffett also owns a large stake in the Washington Post Co. But if that goes bust thanks to the advent of online media, it seems like Buffett picked himself a nice hedge.

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<![CDATA[Bill Gates visits his therapist]]>
Thank you for seeing me, doctor. Right here on the couch, turned away from you? I read that doctors do that to eliminate the burden of eye contact. Ha, or in case they don't like your face, good one. Actually I don't like my face much either. That's what I'm here about.

The problem first started when Jennifer — my daughter, she's 12 — made a lipstick print on the bathroom mirror. I was plucking my eyebrows and the lipstick was where my mouth was, and I realized I look like Cher. Not young Cher, now Cher. A reanimated corpse.

Lately I'd felt...unrelatable. You know the uncanny valley? How people respond poorly to something that looks almost human, but not enough, like Frankenstein or zombies or Polar Express? That's how I feel.

Whom do I want to feel like? Well, until recently I thought being me was okay. But last week was Job Day at Rory's school, and the night before, Rory comes up to me and says "Dad, I want the other kids to think you're cool. So can you tell them you're Fake Steve Jobs?"

Well that's sort of rude. No, not your iPhone, just that you answered it in the middle of our session.

Is that an Xbox over there? What's your Halo name? Ha, Headshot, no that's funny. My son used to have an Xbox. Well I caught him trying to hack it, so I called the cops.

Yes, I guess my kids are one of my biggest stress creators. But who in my life isn't? Steve Ballmer? Ha! You've seen the videos of him screaming? You should see him when Warren Buffett calls shotgun. And then he kicks the back of my seat the whole ride to Seattle. He's the reason Richard Branson put barriers between all the seats on his planes. Virgin America is all Ballmer.

Yes, Warren's more relaxing to hang out with, but he's no fun since he's such a cheapskate. That DNA test he got with Jimmy Buffett to see if they're related — guess which one paid for that? It makes it aggravating to go out with him. He won't even supersize so he always eats half my fries too. Then there's the whole death thing again. I wanted to get into chess in my old age, but it's always bridge. At the old folks' home. And between you and me, Buffett looks kind of nerdy.

I thought retirement would be soothing. Lounge around at home, walls playing some nice music, table reading me a story, kitchen making a snack. Instead Bono keeps dropping in, telling me about this rad party at Clinton's or Steve's or some other hippie pad, and bugging me to read his poetry. Honestly I thought the guy died in a skiiing accident years ago.

Oh, already? All right, see you next week. Should I pay at the front desk? Jeez, that much?

Couldn't I just help defrag your hard drive?

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<![CDATA[Google's stock price has passed the psychologically...]]> Google's stock price has passed the psychologically important but otherwise meaningless $600 barrier for the first time. Want some other high-flying tickers? Try the Washington Post Company at $803 or Warren Buffett's Berkshire Hathaway — currently trading around $121,000 per share. Of course, despite the difference in absolute stock prices, Google and Berkshire Hathaway have roughly the same market capitalization — a perfect illustration of why the price of a stock, out of context, has no meaning.

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<![CDATA[Buffett not related to Buffett]]> Buffett_Buffett.jpgTIM FAULKNER — Fortune reports that Anne Wojcicki's 23 And Me, a genetic genealogy startup, is getting press attention for something other than her billionaire husband, Sergey Brin, and connections to his company, Google. The firm has determined that Warren Buffett, billionaire investor and philanthropist, and Jimmy Buffett, beach bum singer and restaurateur, are not related as they had long suspected... at least not in the last 10,000 years. Considering how Sergey has been wielding his power and influence, one wonders if the Brins are trying to wedge their way between the Buffett-Gates friendship or if they were trying to get Jimmy to host their recent wedding at an island locale more exclusive than the Bahamas. [Photo Credit: Fortune.]

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<![CDATA[OMG BFF! A field guide to tech mogul buddies]]> When the New York Times (and every other media outlet — good job, Buffett's PR firm!) went on and on about Warren Buffett's $31-billion donation to the Bill and Melinda Gates Foundation, and how Buffett and Gates are such good pals, it seemed fair to point out other tech mogul buddies like the heads of Apple, Oracle, and Google — and to diagram them in this handy guide.

A $31 Billion Gift Between Friends [NYT]

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<![CDATA[After bridge, Gates and Buffett bond over Matlock]]> While the New York Times may not always think the best of the soon-to-retire Bill Gates, it was cruel to remind him how he'll spend the rest of his life.

A $31 Billion Gift Between Friends [NYT]

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