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warren buffet

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HAMBURG, GERMANY - DECEMBER 09: A woman checks out the offerings of a jeweler on December 9, 2013 in Hamburg, Germany. According to a recent study people in Germany will spend over EUR 70 billion this Christmas season on gifts, food, travel and decorations, of which they will spend EUR 10 billion online. (Photo by Philipp Guelland/Getty Images)
HAMBURG, GERMANY - DECEMBER 09: A woman checks out the offerings of a jeweler on December 9, 2013 in Hamburg, Germany. According to a recent study people in Germany will spend over EUR 70 billion this Christmas season on gifts, food, travel and decorations, of which they will spend EUR 10 billion online. (Photo by Philipp Guelland/Getty Images)
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Too Much Month — Not Enough Money

Money can produce more money without you doing anything. It’s really an amazing thing.

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SAN DIEGO - AUGUST 29: Jimmie Johnson with the 'hole-in-one' prize Corvette at the first annual Jimmie Johnson Foundation Charity Golf tournament raising money for Habitat for Humanity Wednesday, August 29, 2007, at the River Walk golf course in San Diego, California (Photo by Kent Horner/Getty Images)
SAN DIEGO - AUGUST 29: Jimmie Johnson with the 'hole-in-one' prize Corvette at the first annual Jimmie Johnson Foundation Charity Golf tournament raising money for Habitat for Humanity Wednesday, August 29, 2007, at the River Walk golf course in San Diego, California (Photo by Kent Horner/Getty Images)
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Why Do You Buy The Things You Buy?

Have you ever seen someone wearing something and you wonder to yourself, “Why on earth did they buy that?”

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EAST RUTHERFORD, NJ - JANUARY 28:  A Customs and Border Protection (CBP), Blackhawk helicopter flies past MetLife Stadium ahead of Super Bowl XLVIII on January 28, 2014 in East Rutherford, New Jersey. Helicopters flown by "air interdiction agents" from the CBP's Office of Air and Marine (OAM), are providing air support for Super Bowl XLVIII this Sunday.  (Photo by John Moore/Getty Images)
EAST RUTHERFORD, NJ - JANUARY 28: A Customs and Border Protection (CBP), Blackhawk helicopter flies past MetLife Stadium ahead of Super Bowl XLVIII on January 28, 2014 in East Rutherford, New Jersey. Helicopters flown by "air interdiction agents" from the CBP's Office of Air and Marine (OAM), are providing air support for Super Bowl XLVIII this Sunday. (Photo by John Moore/Getty Images)
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Income Inequality and The Super Bowl

No one will give a second thought to the perfect example of income inequality on display in this year's Super Bowl..

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FORTUNE Most Powerful Women Summit - Day 2
Photo by Paul Morigi/Getty Images for FORTUNE
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Warren Buffet Buys Over $3 Billion of Exxon After Low Valuation – Wealth Talk [RADIO SHOW AUDIO]

If the DOW goes to 16,000, what should you do? Warren Buffet decided to buy $3.4B of Exxon, citing it's low valuation! And investors are in a good mood Friday, a day after Federal Reserve chair nominee Janet Yellen told a Senate panel that she is determined to support the U.S. economic recovery, and believes the Fed's bond-buying program still has the power to help. But with the rescheduled Congressional Circus coming, it's not the time to let your guard down.

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Category: Investment, Money Tags:
(Flickr Photo by quinn.anya)
(Flickr Photo by quinn.anya)
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Are You Paying Your Fair Share?

It all looks so good, and so wonderful on paper. The rich get their comeuppance and the 40-year old poverty problem is solved.

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Warren Buffet Donates $1.5 Billion to the Gates Foundation

The Bill & Melinda Gates Foundation just got a $1.5 billion infusion.

Warren Buffet, the third-richest person in the world, gave 19.34 million shares of his insurance and investment company, Berkshire Hathaway Inc., to the charitable organization, which was created by Microsoft co-founder Bill Gates and his wife to help address the world's education, health and poverty problems.

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