Tag: Warren Buffett

“America’s Best Days Lie Ahead” Says Mr. Buffett

By Thomas J. Stanley on Apr 1st, 2014 in Studying the Wealthy

When Warren Buffett speaks, I listen.  As you know Mr. Buffett is one of the best prognosticators this country has ever produced.  His stellar track record as an investment manager is a function of not only his genius but also his strong belief in the American economy.  Thus I was not surprised to read in Berkshire […]

Forbes Article-A Required Reading Gem

By Thomas J. Stanley on Jun 25th, 2013 in Mentor's Corner

The June 24, 2013 issue of Forbes entitled The 2013 Investment Guide Special Issue is a must read for parents and teachers who want to educate our youth about how to achieve financial independence.  The cover accurately describes the content of the issue:  “money magic top secrets from wealth wizards.”  Of particular note are the 20 […]

Small Expenses Add Up Addendum

By Thomas J. Stanley on Jan 23rd, 2013 in Mentor's Corner

Thanks go out to John Doe who pointed out an error in yesterday’s blog.  It has been corrected.   But here is some additional insight into the blog.  Mr. and Mrs. Teddy Friend Sr., as pointed out, purchased and consumed 50,370 packages of cigarettes over 46 years.  That translates into 1,007,400 cigarettes in total.  Why did […]

To Build Wealth Maximize Your Unrealized Income

By Thomas J. Stanley on Jan 15th, 2013 in Current Events

Warren Buffett is the best of the best at transforming income into wealth.    How did he do it?  Wise investing, you say.  Combine this with his reputation for having enormous integrity and his well publicized frugal lifestyle.  When it comes to consumption he seems to possess traditional midwestern values.  In spite of his substantial wealth he lives in a relatively […]

A Billionaire’s Office Next Door

By Thomas J. Stanley on Jan 8th, 2013 in Lessons Learned

Recently Huff Post published a list of the top 10 most expensive office rental rates by city.  It also listed the top ten least expensive rental rates.  New York City (5th Avenue) ranked 2nd along the most expensive dimension at $97 per square foot.  Omaha, Nebraska (less costly than hundreds of other cities) ranked 7th […]

Unhappy 99%ers: Sell Your US Citizenship to Chinese Millionaires

By Thomas J. Stanley on Nov 8th, 2011 in Current Events

Stories about the so-called “evil rich”, the ever controllinig 1%, are rampant in the news.   But the good deeds of the rich, if reported at all, are many times buried in the back pages.  Take for example the 3″ x 6″ article published in The New York Times, “Two Cheers for the Malaria Vaccine.”   […]