“Insights from the Oracle of Omaha: Key Takeaways from Warren Buffett’s 2022 Annual Letter”

e believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular. 

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Jamie Dimon, Chairman and CEO JP Morgan Chase and Company, 2021 Letter to Shareholders

Among the events and forces creating an "unprecedented" situation in Dimon's view are Russia's war on Ukraine, the resulting economic sanctions on Russia, and rising inflation. "We are facing challenges at every turn ... [yet] we have a moment to put aside our differences, offer solutions and work with others in the Western world to come together in defense of democracy and essential freedoms, including free enterprise," he stated in a highlighted excerpt.1

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AT LAST! A POSITIVE FROM THE CORONAVIRUS – NOW IS THE TIME REFINANCE OR OBTAIN YOUR MORTGAGE

  Vice President Pence was criticized when he stated the best way for the American people to calm down - “turn off the television sets”.  I happen to agree,  as the media is feeding the panic. I work from home and keep a business/investment channel on my televisions.  But often mute the televisions because I do not want to hear paid “Talking Heads” reading or making up their opinions.  The enemy of ...

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HOW TO MANAGE CORONAVIRUS HEALTH AND INVESTMENT RISK

{Continuation from last week’s blog:}  WHEN THE U. S. HAS A COUGH THE REST OF THE WORLD CATCHES A COLD – WHAT HAPPENS WHEN CHINA HAS A CORONAVIRUS? https://wealthbuildingpowers.com/2020/02/24/when-the-u-s-has-a-cough-the-rest-of-the-world-catches-a-cold-what-happens-when-china-has-a-coronavirus/}   Last week I attended several sessions where U. S. Administration officials, including Vice President Pence, discussed the Coronavirus, known risk and actions the U. S. has and is taking.  Fifty-nine countries are reporting Coronavirus cases and as of March 1, 2020, there has ...

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MENTORING – WILL IT ENRICH YOUR CAREER? – By Deborah L. Grubbe, PE, CEng., NAC

Deborah L. Grubbe, PE, CEng., NAC INTRODUCTION - STYRON POWERS I asked my role model, Deborah Grubbe, to write this week's blog. Deb and I worked together in the oil and gas industry. She was the Vice President of Safety for a company with over 100,000 employees and operations in over 100 countries. She made a difference in the lives of employees and the people in surrounding communities. I ...

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