Think about it.  He is regarded as the world's greatest investor and CEO of Berkshire Hathaway. Try buying one share of stock in this company = $116,000According to wikie, his net worth is $62 billion dollars and he was ranked by Forbes as the richest person in the world in February 2008.  He lives in the same house in Omaha, Nebraska that he bought in 1955 for $31,500. In case you feel he is just a greedy, self-serving rich guy, then keep in mind that in 2006 he announced plans to give his fortune away to charity with 83% of it going to the Bill and Melinda Gates Foundation.

It is pure speculation, but I think it would be a brilliant move for either candidate to select Buffett as a running mate (especially for Obama). You cannot find a more intelligent, nor seasoned individual to help the U.S. economy get started back on a positive growth curve. Among other things, Buffett, a registered Democrat, is serving as an economic advisor to Republican Gov. Arnold Schwarzenegger. He can work with both parties. I figure if Dick Cheney can be V.P., why not Warren Buffett.

For those that do have some money to invest -- here are Buffett's four tips --

Invest in a business that...

1) you understand

2) has trustworthy management

3) has favorable long-term economics

4) is at a good price

As he says, anything else is speculation.

 

Just my two cents on a Friday.  

 
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14 Comments on Warren Buffett for Vice President? I'd vote for him.

AUG
22
2008
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Hello!Hello! Send a e-mail to ActiveRain... My second post was flagged. At the time I did not know what flagged was... so I sent a message to find out what I did wrong. They gave me back my points and said that sometimes the computer just does wrong things. Let me know if that was it. I do not see anything wrong with what you posted but I have only been here for one month! Best of luck Brenda :)

4:19pm • #1

Intersting facts.  Thanks for sharing them.

9:57pm • #2
5 Featured Posts

Great info.  Buffet is a Obama fan.  I don't think the government could afford him though.  They are too busy spending their money on $1,000 toilet seats. 

11:41pm • #3
AUG
25
2008

Karen - You are welcome. Glad you stopped by.

11:36am • #4

Pam - Yeah, but the toilet seats are the cushion ones -- really comfortable.

11:37am • #5
110,031 Points 1 Featured Post

Yeah, I'd vote for him too. But he IS pretty old, and anyway he probably has too much sense for politics.

12:36pm • #6

You know I don't think I would vote for him, he is too qualified! lol Maybe I would consider letting him adopt me though!

12:39pm • #7

Leslie - Unfortunately, most people are smart enough to stay out of politics.  Who wants their life scrutinize by the world every day. I do think JFK challenged leaders to give of themselves to the cause -- go into politics.

12:53pm • #8

John - Huummm.. I wonder if he has a daughter who is available? Yeah, get in line behind me, John.

12:56pm • #9
AUG
27
2008

Kevin...I hope you're watching the DNC convention and I hope you also watch the RNC convention.  When you do...ask yourself one question as they scan that huge room with thousands and thousands of people....HOW MANY OF THOSE PEOPLE GET A PAYCHECK DIRECTLY RELATED TO THE GOVERNMENT?

They're all self serving as I see it.  I'd take Buffett, Gates, Romney, Iacoca, etc.  Just imagine having 100% self made "businessmen" and "zero" percent "politicians"...wow...what an efficient country we'd have.

9:26pm • #10

This was a great read before I turn in for the night...Buffet would be an awsome choice. By the way one of my favorite Buffet facts is that he still lives in his home he bought for under 50k....that is awsome. Thanks for sharing your thoughts

11:01pm • #11
AUG
28
2008

David - Need a candidate like Ross Perot - self-made Texas billionaire?

12:15pm • #12

Dione - Thanks for stopping by. It is amazing that he never moved to another place or house. I would have bought my own island if I were him.

12:18pm • #13

Oh Yeah Kevin!!!!!!!!!!  I LOVED Ross Perot!!!!!

If we had a charismatic young guy like Obama that was a Ross Perot...wow, what a winner!

1:36pm • #14

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Kevin McGourty - Moving Help - nationwide

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