Straight Talk Money: What Warren Buffett Eats for Breakfast and the Passing of a Wall Street Legend

Warren Buffett, 84 years old and one of the wealthiest men to have ever walked the earth, survives on a diet of Cherry Coke, ice cream, and greasy potato chips. Actually, in his own words, he adopted the diet of a six year old because the actuarial tables suggested that a six year old has the longest life expectancy. It makes my own cravings for Whataburger and Dr. Pepper seem a lot less bad.

Peggy Tuck and I discuss Mr. Buffett’s diet on Straight Talk Money.

 

Buffett reminds me of the father in Grumpy Old Men who subsisted on a diet of bacon and beer.

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We also pay tribute to a Wall Street legend that passed away this week at the age of 109. Irving Kahn was working on Wall Street when the 1929 Crash hit and was still actively investing money for clients at the age of 109. Rest in peace, Mr. Kahn.

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Five Stocks the Billionaires are Buying

It’s that time again. The Direxion iBillionaire Index ETF (IBLN), which follows the trading moves of billionaire investors, is doing its quarterly rebalancing. Eleven of the ETF’s 30 stock positions are getting the boot.

What’s in? Consumer discretionaries and tech, each of which will […] Continue Reading…

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Oh là là! Looking for Dividend Yield? Explore France

This is scary time to be investing in Europe. With the Greek debt crisis kicked down the road for another four months and with most of the Eurozone dangerously close to slipping into deflation, investors have been parking their cash […] Continue Reading…

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Though It Pains Me To Say It, Obama’s Recommendations For The Brokerage Industry Are Surprisingly Sensible

Prepare yourself, for the end of days must be nigh: I actually agree with President Obama on something regarding financial regulation.

Now, I say this fully understanding that the President, if he had his way, would probably round up everyone […] Continue Reading…

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Want to Build a Safe Income Portfolio? Don’t Chase Yield

If something looks too good to be true, you can bet that it is. And nowhere is this truer than in the world of income investing. As investors, we are drawn to high yields like moths to a flame. […] Continue Reading…

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