The Omaha Perspective
Fool's School
In early May, more than 30,000 Berkshire Hathaway shareholders descended on Omaha, Neb., to listen to Chairman (and superinvestor) Warren Buffett and his partner, Charlie Munger, answer questions for five hours. Full Story
Name That Company
Founded in 1932 to sell nail enamel, I'm a titan in cosmetics, skin care, fragrance and personal care. My brands — such as Almay, ColorStay, New Complexion, Flex, Flair, Fire & Ice, Jean Nate, Ciara, Enjoli, Jontue and Ultima II — are known worldwide. During World War II, I made first-aid kits and dye markers for the Navy. Full Story
DirecTV Grows
The Motley Fool Take
Think consumers are reining in entertainment spending now that times are tough? Think again. DirecTV (Nasdaq: DTV) gained 460,000 net new subscribers in its latest quarter, on 7 percent year-over-year revenue growth. Consumers must be scaling back on other expenses, while signing up for TV programming packages. Full Story
Stock Takes Flight
My Smartest Investment
After losing money on investments made on my broker's advice, I started using Value Line. In December 1974, Value Line predicted earnings of $2 in 1975 for an aircraft company. The company faced some challenges, but I bought 200 shares at $3.50 for $700. The company earned $1.29 instead of $2, but the stock doubled. I held on another year, and it doubled again. Full Story
Last week's trivia answer
I was born in 1919 in Fort Worth, Texas, and began by selling leather shoe parts. In 1963, I bought an electronics chain whose name I took as my own. In 1977, I introduced the first massproduced personal computer: the TRS-80® microcomputer. Today I'm a major retailer of name-brand wireless communication products, along with all kinds of gadgets, gizmos and gifts. Full Story
Cash Matters
Ask the Fool
Q Is it good to see a lot of cash on a company's balance sheet? — N.B., Dalton, Ga. A It depends. Firms with gobs of cash can act quickly when opportunities arise. But many successful companies purposefully maintain cash balances near zero. They use their money to buy back shares (essentially retiring them) and acquire other companies, among other things. 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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