Meet Warren Buffett
Fool's School
What do you know about Warren Buffett, one of the world's richest people? Probably not enough. Born and raised mostly in Omaha, Neb., Buffett was fascinated by the stock market from a very early age. He bought his first shares of stock at the age of 11, making mistakes and losing some money along the way, as every investor does. Full Story
Name That Company
I was founded in Chicago in 1918 by a 22-year-old who rented out a dozen Model T Fords. I was later owned by General Motors, RCA, United Airlines and Ford. Today, I'm the world's largest general-use car rental brand and the No. 1 airport car rental brand. I had 1,000 locations by 1955, and today they number nearly 8,000 in 145 nations. Full Story
Forget China
The Motley Fool Take
The Shanghai stock market, as measured by the Shanghai Composite Index, was recently up a whopping 70 percent, year over year, after being up more than 100 percent earlier. China's market has cooled, but it's still unquestionably hot. While China's economic growth is very real, so was the growth of the Internet nearly a decade ago - and that turned out very, very badly. Full Story
Serene Investing
My Dumbest Investment
Lord, grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference. This means don't invest in things you don't know much about. I made a real estate investment in a marginal property and lost hundreds of thousands of dollars. It makes every mistake I ever made in the stock market appear trivial. Full Story
Last week's trivia answer
Founded in 1923, my business stems from the mammal mus musculus, cousin of Speedy, Mighty, Jerry, Danger, Fievel, Itchy and Motor. Many people, especially small ones, think I'm supercalifragilisticexpialidocious. I opened my first park in 1955 and now operate a bunch in the U.S., France, Japan and Hong Kong. Full Story
Should I Borrow to Buy?
Ask the Fool
Q: Why shouldn't I borrow against my credit card and invest in the stock market? - K.L., via e-mail A: Danger, Will Robinson! The U.S. stock market has, over decades, averaged about 10 percent per year in returns. But that's an average. In some years, it loses money such as 9 percent in 2000, 12 percent in 2001 and 22 percent in 2002. Full Story
What Is This Thing Called The Motley Fool?
Remember Shakespeare? Remember "As You Like It"? In Elizabethan days, Fools were theonly people who could get away with telling the truth to the King or Queen. The Motley Fool tells the truth about investing, and hopes you'll laugh all the way to the bank. Full Story
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