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Warren Buffet believes the economy will remain in “shambles”

The billionaire Warren Buffet, who has made his money in investments, belives that the United States economy will remain in bad condition through 2009 and “well beyond.”
The news didn’t give any hope to investors or people waiting for the economy to pick up.
Then again, his …

Warren Buffet is “buying American”

Multi-billionaire Warren Buffet is telling people to buy American stocks even though the economy is in the toilet. He is even practicing what he preaches by buying into American companies. He went on to say, "If prices keep looking attractive, my non-Berkshire net worth …

The Oil Man’s 10 million share stake in Yahoo!

T. Boone Pickens sold his entire stake in Yahoo today after buying 10 million shares in the company in May. The average price for Yahoo! in May was $26.78. It has recently fallen to around $20. With 10 million shares, he took …