Daily Investment Tips

The latest business news is that Warren Buffet, the Oracle of Omaha has tapped 39-year-old Todd Anthony Combs to manage a major part of Berkshire Hathaway investment portfolio.

That appointment will only and fuel to burning question? Who will succeed Warren Buffet? Is Todd Anthony Comb the chosen one?

Is he Berkshire Hathaway Next CEO

Todd Anthony Combs, who is CEO and portfolio manager at Greenwich, Conn.-based Castle Point Capital Management, will “handle a significant portion of Berkshire’s investment portfolio,” Buffett, 80, said Monday, in announcing Combs’s hiring.

Todd Anthony Combs is by birth a Floridian who graduated in 1993 from Florida State University with majors in finance and multinational business operation.

written by Constantine Njeru \\ tags: Berkshire Hathaway, Buffett, Burning Question, Business Operation, Capital Management, Castle Point, Ceo, Comb, Conn, Florida State University, Floridian, Greenwich, Heir, Investment Portfolio, Latest Business News, Majors, Multinational Business, Oracle Of Omaha, Portfolio Manager, Warren Buffet

Warren Buffet is having a look at how his company, Berkshire Hathaway is performing and is convinced the US economy is on the upswing.

In  a 2010 yahoo finance and huffington blog interview the famous investor was quoted saying : -

The stimulus is working

If you feel the massive stimulus is not working for you, Buffet may disagree

“We’re hiring,” he adds, referring to many of his Berkshire Hathaway companies.

Buffet then painted a sunny picture for the US economy

The stimulus is working and the economy will improve in the next 2-3 years.

If you doubt Warren Buffet predictions Just remember his nick name is the Oracle of Omaha

To watch the full interview visit yahoo finance

written by Constantine Njeru \\ tags: 3 Years, Berkshire Hathaway, Company Berkshire Hathaway, Economic Forecast, Economy, Finance, Investor, Nick Name, Oracle, Oracle Of Omaha, Stimulus, Upswing, Warren Buffet, Yahoo, Yahoo Finance