93 Percent of Iowa Homeowners Are Interested in Home Energy Efficiency, but Many Remain Unaware of Largest Sources of Energy Consumption and How Their Home Contributes to Climate Change

A silver lining in this rough market.

Will they pull out of the dive, or nose into the dirt?

If you're tuned in.

In this market, a healthy paranoia will make you money.

Save the stamps next year.

The Dow Chemical Co. (DOW) may be forced to abandon its takeover of Rohm & Haas Co. (ROH) now that a $17.4 billion joint venture with Kuwait’s state-run oil company has been scrapped. Kuwait’s Petrochemical Industries Co. earlier this week cancelled plans to take a 50% stake in Dow’s plastics unit amid ...

Underlying the credit crisis gripping the U.S. and world economies is a crisis of confidence. Blame has been laid at the feet of the U.S. Federal Reserve, and an investment bankers’ brew of toxic financial products. Ultimately, however, it was the supposedly trustworthy rating agencies that got everyone to drink the poisoned ...

Best Buy Profit Falls 77%; Goldman Sachs Posts $2.12 Billion Loss; New Permits and Starts at Record Low; Brazil Retail Rises 10.1%; Berkshire Buys NC Real Estate Brokerage; Crude Slides in Spite of OPEC Profit at electronics retailer Best Buy Co. (BBY) fell 77% during the company’s fiscal third quarter ended Nov. 29. ...

Jack Adamo, editor of Jack Adamo’s Insiders Plus, says the Oracle of Omaha has been buying the industrial giant, and he likes it, too.

Filed under: Management, Microsoft (MSFT), General Electric (GE), Berkshire Hathaway (BRK.A), Goldman Sachs Group (GS), Burlington Northern Santa Fe (BNI)

This post is part of our feature on Money Winners of 2008. See all 20.

Well, "my pal Warren" did it again. "The richest man in the world" -- it has a nice ring to it.

Though the moniker did not last throughout the year due to the violent markets, and his significant holdings in insurance, Geico and General RE; banking, US Bancorp (NYSE: USB) and Wells Fargo (NYSE: WFC); and credit card company American Express (NYSE: AXP), which all dropped, he is still viewed as the top investment guru in the world, deserving his title -- the Oracle of Omaha. These are likely only temporary setbacks and he may very well be back on top soon.

Warren Buffett has been alternating places with Microsoft (NASDAQ: MSFT) founder Bill Gates over the past decade. Since Microsoft shares are only down about 35% this year, less than the overall market, and since that remains his largest holding, Gates edged out Buffett at last measure. Although Buffett is notorious for not investing in "tech-stocks," he has stated he did buy 100 shares of Microsoft after he and Gates became friends.

It has been quite a year indeed for Buffett because in all the market turmoil he has remained very active, and he has advised both presidential candidates when asked, though he has supported the Democratic Party and president-elect Barack Obama, who has more actively sought his advice as of late.

Continue reading Money winners of 2008: Warren Buffett, briefly the "world's richest man" again

Money winners of 2008: Warren Buffett, briefly the "world's richest man" again originally appeared on BloggingStocks on Fri, 12 Dec 2008 15:40:00 EST. Please see our terms for use of feeds.

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