mama babes

THE ORACLE OF OMAHA

2010-02-26T02:45:00.000-08:00

How to invest like a billionaire

What Does Oracle Of Omaha Mean?
A nickname for Warren Buffett, who is arguably one of the greatest investors of all time. He is called the "Oracle of Omaha" because his investment picks and comments on the market are very closely followed by the investment community, and he lives and works in Omaha, Nebraska

Warren Buffett is arguably the world's greatest stock investor. He's also a bit of a philosopher. He pares down his investment ideas into simple, memorable sound bites. Do you know what his homespun sayings really mean? Does his philosophy hold up in today's difficult environment? Find out below.

“Rule No. 1: Never Lose Money. Rule No. 2: Never Forget Rule No. 1.”

Buffett personally lost about £15 billion in the financial crisis of 2008, and his company, Berkshire Hathaway, lost its revered AAA ratings. So how can he tell us to never lose money? He's referring to the mindset of a sensible investor. Don't be frivolous. Don't gamble. Don't go into an investment with a cavalier attitude that it's OK to lose. Be informed. Do your homework. Buffett invests only in companies he thoroughly researches and understands. He doesn't go into an investment prepared to lose, and neither should you.

The Buffett Philosophy
Buffett believes the most important quality for an investor is temperament, not intellect. A successful investor doesn't focus on being with or against the crowd. The stock market will swing up and down. But in good times and bad, Buffett stays focused on his goals. So should we. (This esteemed investor rarely changes his long-term investing strategy no matter what the market does. Learn more in Warren Buffett's Bear Market Maneuvers.)

“If The Business Does Well, The Stock Eventually Follows.”

“The Intelligent Investor” by Benjamin Graham convinced Buffett that investing in a stock equates to owning a piece of the business. So when he searches for a stock to invest in, Buffett seeks out businesses that exhibit favorable long-term prospects. Does the company have a consistent operating history? Does it have a dominant business franchise? Is the business generating high and sustainable profit margins?

If the company's share price is trading below expectations for its future growth, then it's a stock Buffett may want to own. Buffett never buys anything unless he can write down his reasons why he'll pay a specific price per share for a particular company. Do you do the same? (They don't call him "The Oracle" for nothing. Learn how Buffett comes up with his winning picks; check out Think Like Warren Buffet.)

“It's Far Better To Buy A Wonderful Company At A Fair Price Than A Fair Company At A Wonderful Price.”

Buffett is a value investor who likes to buy quality stocks at rock-bottom prices. His real goal is to build more and more operating power for Berkshire Hathaway by owning stocks that will generate solid profits and capital appreciation for years to come. When the markets reeled during the recent financial crisis, Buffett was stockpiling great long-term investments by investing billions in names like General Electric and Goldman Sachs.

To pick stocks well, investors must set down criteria for uncovering good businesses, and stick to their discipline. You might, for example, seek companies that offer a durable product or service and also have solid operating earnings and the germ for future profits. You might establish a minimum market capitalization you're willing to accept, and a maximum P/E ratio or debt level. Finding the right company at the right price with a margin for safety against unknown market risk – is the ultimate goal. (Learn about the different kinds of risk that investors must face in Risk And Diversification: Different Types Of Risk.)

Think Like Warren Buffett
Remember, the price you pay for a stock isn't the same as the value you get. Successful investors know the difference.

“Our Favorite Holding Period Is Forever.”

How long should you hold a stock? Buffett says if you don't feel comfortable owning a stock for 10 years, you shouldn't own it for 10 minutes. Even during the period he called the "Financial Pearl Harbor", Buffett loyally held on to the bulk of his portfolio. Unless a company has suffered a sea change in prospects, such as impossible labour problems or product obsolescence, a long holding period will keep an investor from acting too human. That is, being too fearful or too greedy can cause investors to sell stocks at the bottom or buy at the peak – and destroy portfolio appreciation for the long run.

You may think the recent financial meltdown changed things, but don't be fooled: those unfussy sayings from the Oracle of Omaha still RULE!

DESIRED THINGS

2010-02-25T05:53:00.000-08:00

Desiderata" (Latin for "desired things", plural of desideratum) is a prose poem by Max Ehrmann about attaining happiness in life. I

Max Ehrmann

Desiderata

Go placidly amid the noise and haste,and remember what peace there may be in silence.As far as possible without surrender be on good terms with all persons.Speak your truth quietly and clearly;and listen to others,even the dull and the ignorant;they too have their story.

Avoid loud and aggressive persons,they are vexations to the spirit.If you compare yourself with others,you may become vain and bitter;for always there will be greater and lesser persons than yourself.Enjoy your achievements as well as your plans.

Keep interested in your own career, however humble;it is a real possession in the changing fortunes of time.Exercise caution in your business affairs;
for the world is full of trickery.But let this not blind you to what virtue there is;
many persons strive for high ideals;
and everywhere life is full of heroism.

Be yourself.Especially, do not feign affection.Neither be cynical about love;for in the face of all aridity and disenchantment it is as perennial as the grass. Take kindly the counsel of the years,
gracefully surrendering the things of youth.Nurture strength of spirit to shield you in sudden misfortune.But do not distress yourself with dark imaginings.Many fears are born of fatigue and loneliness.Beyond a wholesome discipline,be gentle with yourself.

You are a child of the universe,no less than the trees and the stars;you have a right to be here.And whether or not it is clear to you,no doubt the universe is unfolding as it should. Therefore be at peace with God,whatever you conceive Him to be,and whatever your labors and aspirations,in the noisy confusion of life keep peace with your soul.

With all its sham, drudgery, and broken dreams,it is still a beautiful world.Be cheerful.Strive to be happy.

free press release

2010-02-17T03:19:00.000-08:00

visit:Free Press ReleaseFree press release where you can post your news as it happens whatever your type of news it can be news about entetainment relationships, sports technology anythng you think is news.the site also has provisions for membership.the site also has a provision for increasing yur web visibilty when it comes to your personal sites.

2010-02-15T03:32:00.000-08:00

Premium Directory

Advice From the World’s Richest Man

2010-02-14T23:02:00.000-08:00

THE LIFE OF THE RICHEST MAN IN THE WORLD

Here are some very interesting facts about the life of Warren Buffet (former second richest man who once donated $31 billion to charity), during a one-hour interview of him by CNBC (excerpts edited for clarity):

1. He bought his first share at age 11 and he now regrets that he started too late
2. He bought a small farm at age 14 with savings from delivering newspapers.
3. He still lives in the same small 3-bedroom house in mid-town Omaha that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.
4. He drives his own car everywhere and does not have a driver or security people around him
5. He never travels by private jet, although he owns the world’s largest private jet company.
6. His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on a regular basis. He has given his CEO’s only two rules:

Rule number 1: Do not lose any of your shareholder’s money.
Rule number 2: Do not forget Rule number 1.

7. He does not socialise with the high society crowd. His past time after he gets home is to make himself some pop corn and watch television.
8. Bill Gates, the world’s richest man, met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.
9. Warren Buffet does not carry a cell phone, nor has a computer on his desk.
His advice to young people: “Stay away from credit cards and invest in yourself”, and remember:

A. Money doesn’t create man but it is man who created money.
B. Live your life as simple as you are.
C. Don’t do what others say, just listen to them, but do what you feel is good.
D. Don’t go for brand names; just wear those things in which you feel is comfortable.
E. Don’t waste your money on unnecessary things; just spend on what you really need.
F. After all, it is your life, then why give others the chance to rule your life?”

2010-02-11T03:36:00.000-08:00

heard of career assessment test this are tests top help you understand your career option based on the special or normal traits you have. a test like the Myer -Briggs test helps one know ones personality so as to improve on the lacking traits if in a working situation which doesn't your personality.It also helps those of us not in employment to know which jobs to avoid and which jobs we can do perfectly considering their abilities.

There are free career assessment test in the internet eg on assessment .com

HAPPY NEW YEAR (My new year resolutions)

2010-01-07T03:23:00.000-08:00

Every serious person must have goals in life and as i want to be serious in life i have to have some new year resolutions to make my 2010 goals clear.
yes first i have to get clear what my long term plans and my long term plan is 10 years in duration. okay that i figured out and in relation to that plan i have to figure out what i have to do this year being year 1 in the long term(ten year) plan. Then the tricky part comes into play how to start implementing the plan today what do i do today right now.
i haven't even figured what this month am supposed to do to make my monthly goal achieveable.
And that my friends is how my ten year plan goes down the drain each year and thats why am not making my new year resolutions this year but i will review the issue of goal making in three months time to see whether it will work.

Defination
A New Year's resolution is a commitment that an individual makes to a project or the reforming of a habit, often a lifestyle change that is generally interpreted as advantageous. The name comes from the fact that these commitments normally go into effect on New Year's Day.

MARRIAGE OF TRUE MINDS

2009-12-26T00:51:00.000-08:00

tell me if you understand what he meant

let me not to the marriage of true mind.

admit impedements

love is not love

when it alters when its alteration finds

or bends with the remover to remove

o no its an ever fixed mark

that looks on tempests and its never shaken

its the star to every wondering back

whos worth is unknown although its height be taken

loves not

times fool though rosy lips and cheeks

within his bending sickle's compass come

love alters not with his brief hours and weeks

but bears it out even to the edge of doom

if this be error and uon me provide

i never write,nor no man ever loved

an excerpt from "marrige of the true mind" by william shake spear.

Lessons of life

2009-12-08T22:51:00.000-08:00

I feared peoples opinions until i learned that people will have opinions anyway
I feared death until i learned that its not an end but a beginning
I feared ridicule until i learnt how to laugh at myself
I feared the past until i realized it could no longer hurt me
I feared change until i saw that even the most beautiful butterfly had to undergo metamorphosis before it could fly
I feared rejection until i learned how to have faith in my self
I feared destiny until i realized that i had the power to change my life
I feared getting old until i reaised i gained wisdom everyday

HAVE A FEARLESS DAY WONT YOU

saved kikuyu woman

2009-11-30T04:53:00.000-08:00

I attended a kenyan sexologist seminar and there was a Tanzanian and a Ugandan woman to talk to us, a lot of hot stuff was discussed for most of what was discussed visit www.tetezo.net.To my surprise the most difficult woman to please a man was voted to be the saved kikuyu woman and it made sense because i tried picturing the saved kikuyu woman doing it with the lights on, with sexy lingere and acting out a play sex scene and nothing came to mind and how oh my does her hubby ask for it.No wonder men are asking for it rudely,"we penduka".If the husband was to for any other sex than the normal she would make him a prayer item and this my dear women are how many kikuyu men are getting a gachungwa who can even do it in the middle of kasarani stadium butt naked you have got to compete with what is out there.

"Tell me about yourself"

2009-11-25T05:22:00.000-08:00

How to answer when the interviewer says this at the beginning of the interview

This is the question that is most often asked at interviews. Often it will be the first question. The general nature of the question can be a trap. Have your answer prepared and do not ramble.Here is a simple and effective way to prepare your response to "Tell me about Yourself."

Prepare your response in three steps and then put the steps together.

1) Work out what the THREE most important qualities are for the job. Begin your answer by stating that you have these qualities. For example, if it is a sales job, the most important qualities they are looking for might be:

The ability to communicate well with people.

The ability to set goals and stay on track.

The ability to handle rejection.

So you would say: "I am an extravert who interacts well with people. I like to set myself goals and keep them and I'm very persistent."

2) Say where you last worked (or say the job that was most relevant to the position that you are applying for now) and pick one or two things you achieved at that job. For example: “I worked as a sales rep for the Savoy Company and I was their top salesman for three years running. Last year I sold over 1 million dollars worth of widgets”

3) Say why you want to work for the particular company you are applying for. Show specific knowledge about the industry and the company that you are applying for. Show enthusiasm about the company. Example: “I want to work in pharmaceutical sales because it is an area where I can use my ability to create solid long term relationships with clients. I want to work for your company in particular because you concentrate on gastroenterological drugs which is an area that is growing at the rate of 20% a year. That gives you a solid base from which to introduce new products like Endophine. I’d like to be part of that.”

If you put 1, 2 and 3 together in my example, you get a reply to "Tell me about yourself" that goes like this:

“I am an extravert who interacts well with people. I like to set myself goals and keep them and I'm very persistent. I worked as a sales rep for the Savoy Company and I was their top salesman for three years running. Last year I sold over 1 million dollars worth of widgets. I want to work in pharmaceutical sales because it is an area where I can use my ability to create solid long term relationships with clients. I want to work for your company in particular because you concentrate on gastroenterological drugs which is an area that is growing at the rate of 20% a year. That gives you a solid base from which to introduce new products like Endophine. I’d like to be part of that.”

NOTES FOR "TELL ME ABOUT YOURSELF"

The wrong way to put it is: “I want to work for your company because you have great benefits and pay good commissions” That shows interest in YOURSELF and not interest in the company.

Don’t make the reply to this too long. Two minutes tops. You want to interact with the interviewer as soon as possible and if you go over two minutes you are giving a speech, not interacting.

Don’t forget to make eye contact. You want to look the interviewer in the eye and connect so don’t look down when you give your answer.

THE BIG BONUS

Ask a question at the end of your reply. The key to winning at the interview is to get your interviewer talking. At the end of the reply in our example, instead of just pausing and waiting for the interviewer to ask something else, our interviewee could say: “How are the sales of Endophine going?” This would be a good way of getting the

CAN'T AN AFRICAN DREAM

2009-11-16T01:26:00.000-08:00

Today i wanted to comment about what i had one mo ibrahim say he said its a falacy for african leaders to think they can compete with china and the United States CANT WE DREAM BIG DREAMS ( he who gives people money to african leaders who have successfully bowed out of leadership peacefully must have dream't big).
We must continue to dream as the book the secret "tries" to inform as about attraction in which people should always think positively because what you think comes into being and what you think, you attract if your always sad you will always attract sad situations.
You can attract any thing you long for by thinking about it even to the point where you fantasize about it but the most important thing first is to believe it will come true and act as if it has come true.
Please dream big dreams and i mean big like having roads built on top of one another so that everyone can survive every morning as they head to work that would be nice i move from kiambu road to upperhill in 10 minutes engineers where are you dream me a road please please.

AFTER DREAMING REMEMBER LIVE THE DREAM

making money in this kenya

2009-11-07T03:18:00.000-08:00

i have been looking for a job seriously for the last one year and this year i had decided to look for a business i can start small and have me make me money comfortable soonest. i have come across many offers.

GNLD which i s a multilevel marketing sort of thing gone for one introductory meeting didn't like.

Another is forever living products also multilevel marketing of products and its much more appealing than GNLD. You get to go to the USA, if you get to market their products well (company is based in the US) and also get to finance a car for you but you have to be willing too work to get all this benefits and its not a hoax if you are interested please drop me a text at pesa2502 at gmail.com.

you can also get money by doing what am doing blogging thats a story for another day