Warren Buffet Essay - 566 Words

Warren Buffet Warren Buffet of Berkshire Hathaway and His Investment Strategy Warren Buffet is arguably the most successful investor of all time. His initial investment of $105,000 in the beginning, ultimately grew into a $16 billion dollar fortune made from his trading company, Berkshire Hathaway. If you had invested $10,000 in Berkshire Hathaway when he took over the company in 1965, it would be worth $22,000,000 today. Warren’s stockpicking prowess however, is what he is know for and is also why Berkshire Hathaway has had a returning average of 24% a year for the last three decades. At the age of 69 he is one of the richest men alive, with a net worth of over $27,265,000,000.00, placed only second to Bill Gates. Since†¦show more content†¦The following are some parts of Warrens investing strategy. #61623; He is a long-term investor. He has said that you should invest in companies that you would feel comfortable with even if the markets closed for a few years and you couldn’t sell. #61623; He views investing as buying a piece of a business, rather than buying shares of stock. #61623; Buffet considers the following very important: return on equity, changes in operating margins, debt levels, capital expenditure needs, and cash flow. #61623; He determines the value of a company by totaling the net cash flows he expects to occur over the life of the company, discounted at the appropriate interest rate (Buffet uses 30 year bond rates), and possibly a premium based on the risk being taken. #61623; He prefers to hold a few great stocks rather than many good stocks. He thinks most investors misunderstand the nature of risk and the need for diversification. With these strategy tips for investing you can decide whether or not you want to incorporate these into your own strategy or not to at all. All of these tips can be useful in evaluating a stock, but remember this is Warren’s strategy. An example is his belief of not investing in companies that he doesn’t know about. One of these sectors has been technology stocks. He missed out on the Microsoft wave with only a 100 shares bought in the beginning, butShow MoreRelatedWarren Buffet712 Words   |  3 PagesWarren Buffet Warren Buffet was born on August 30, 1930. He is one of the most financially and personally successful businessmen of our time. He is the Chief Executive Officer of Berkshire Hathaway, a multinational conglomerate holding company, which is based with it;s headquarters in Omaha, Nebraska; Buffetts hometown. His net worth is around $60 billion, and increases with every passing minute. 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He found his interest in investing when he was very young. In fact he bought his first shares at the age of 11 with the help to his father. Buffett was interested in making money since he was child and he made money by selling chewing gum, soda bottles, newspaper and magazine, golf ball and stamps door to door. After graduation, he worked with his father Buffet-Falk Co, then for Benjamin GrahamRead MoreWarren Buffet s Life Story1485 Words   |  6 Pages WARREN BUFFET Rightly called as the â€Å"Oracle of Omaha†, Warren Buffet is the guru of investments and one of the wealthiest and revered businessmen in the world. With a net worth of $72.7 Billion, he is the third richest man in the world as of 2015. Warren Buffet is an out and out self-made man. He is the epitome of discipline and wisdom in the investment arena. So how did he reach this pinnacle? 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Latin Americ Latin American Cultures - 2513 Words

Jonathan Timothy Su Professor Patricio Navia Latin American Cultures, Sect. 001 20 October 2014 Latin American Cultures Midterm Section 1 – Question 1 Throughout the pre-Columbus era in Latin America, The Mayas, Aztecs, and Incas built unique civilizations, each with its own distinctive achievements, creating distinctive cultures to unite their individual societies. The Mayas, Aztecs, and Incas not only shared many similarities in the ways they built their civilizations, but also had differing characteristics that made each people its own. Civilization in the Americas originated as early as 7000 B.C. as a result of a land bridge between Asia and the Americas, formed when the Bering Strait—connecting current day Russia with Alaska—united the two continents during the Ice Age. The humans who crossed the land bridge, mostly hunter-gatherers, eventually developed advanced civilizations throughout North and South America. By around 900 B.C., the Olmec civilization—one of the first advanced civilizations in the Americas—populated parts of Mexico and Central America, where they dev eloped advancements such as building the first pyramids. About 200 years later, descendants of the Olmecs emerged—the Maya, Zapotec, Totonac, and Teotihuacà ¡n civilizations. Over time, the Mayas, Aztecs, and Incas emerged as subsequent descendants of the first humans who populated the Americas. The Mayan civilization emerged as early as 2000 B.C. in â€Å"Mesoamerica,† Southern Mexico extending throughout

Reforms in Australian Meat Industry-Free-Samples for Students

Question: Discuss about the Reforms in Australian Meat Industry. Answer: Australias beef and meat industry can be identified as one of the leading producers of beef in the world. According to the reports published, in 2015-16, Australia was the largest beef exporting nation of the world (Ams.usda.gov, 2017). In this particular study, the economic reform in the Australian meat industry has been elaborated supportive for the growth of the sector in the long-term. In order to identify the current status of the beef industry in Australia, a recent article written by Locke (2017) has been taken into account describing the key uncertainties to be faced by the beef industry of Australia in 2017. Locke (2017) stated that latest global uncertainties such as the event of Brexit and new policies of US President Donald Trump have created significant challenges for Australian meat industry. The US President has vowed to partner Mexico with tariffs to develop larger beef production in the United States. As a result of the scenario, the export of beef from Australia can experience substantial headwinds. On the other hand, Chinas surging demand for the live cattle has been a positive sign for Australias meat industry. Meanwhile, the shipment of 1,200 Angus cattle has verified that the demand for high-quality Australian beef has been kept intact in China. In the current scenario, the Australian meat and beef industry is going through an unprecedented era of indecision driven by new US policies and Britain exiting from the European Union. Presently, the new US President has tried to negotiate with the Chinese government so the US beef can be reopened for the Chinese market since the incident of mad cow disease. According to Locke (2017), one of the first steps taken by Donald Trump after getting elected as the US President was to withdrawn the name of his country from the Trans-Pacific Partnership (TPP). After the exit of the United States from the TTP, it becomes an independent beef producer. However, the Australian Government decided to remain with the TTP and said that it will progress with other partners. Hence, the outcome of the economic reform led to a downfall in the Australias largest beef market by volume, i.e. the United States by around 42 percent in the year 2016. Furthermore, recent growth in the market competitors has al so affected the meat and beef sellers engaging in the business since decades (Gillard and Monypenny, 2016). It can be seen that the increase in the level of competition in the global market has directly impacted the Australian Beef exports in the year 2016. A significant fall in the Australian beef export can be evident that impacts the GDP contribution of the livestock industry. A figure has been presented herein below for better understanding: Figure: Australian Beef Exports Source: (Abs.gov.au, 2017) Furthermore, one of the major factors determining the beef industry in Australia is tight supply (Cox, Zhou and Choi, 2013). Due to the supply shortage, the sales of the beef have been declined in the domestic market. In terms of beef production, reports published in 2015-16 confirmed that approximately 2.34 million tonnes cwt of beef and meat were produced in Australia (Ams.usda.gov, 2017). On the basis of the figures, Australia was the seventh largest beef producing countries in the world. Figure: Top Ten World Beef Exporters (2016) Source: (Ams.usda.gov, 2017) In terms of beef exports, during 2015-16, Australia was identified as the largest beef exporting country by producing 4% of the entire beef supply around the globe (Ams.usda.gov, 2017). The total value of the beef and veal exported by Australia was worth $8.5 billion in 2015-16 financial years (Abs.gov.au, 2017). However, the Australian domestic market faces a significant shortage of beef due to the high amount of export in the Asian markets. For instance, the new import policy of the Indonesian Government in 2016 makes it important for the Australian exporters to transport one female cattle out of every six cattle (Curtain, 2017). Furthermore, the extreme rain in the top end has become a major challenge for the Australian exporters in order to locate available stock for sale (Curtain, 2017). Therefore, a shortage of supply of livestock and beef can be highly evident in the local market. It is important for the Australian government to take care of the beef production need in the domestic market in order to maintain stability in the Australian beef market. The falling demand for Australian Beef has directly impacted the price of livestock in the global market. On the other hand, the shortage of stock in the domestic market has led to a peak rise in the beef price. Hence, market instability ca n be seen in the recent time in the Australian beef industry. The Australian government need to take necessary measures in the form of fiscal policies in order to safeguard the beef industry. For example, subsidies can be provided to increase the production of the beef industry (Sun, Hyland and Bosch, 2014). Additionally, a wall must be drawn over the quantity of export by using the taxation policy over the export quantity. For example, Australian government can promote tax free export up to a particular quantity (Widiati, 2015). The export over the mentioned quantity can be liable for a higher amount of taxation. Furthermore, the Australian government can introduce price flooring strategy and exclude the middlemen from the supply chain system to maintain stable price in the market. Evidently, the above discussion has verified that recovery in the US beef industry and new policy measures of the US President may create significant challenge for the mean industry in Australia. On the other hand, the Trans-Pacific Partnership (TPP) and ASEAN partnerships must be reviewed and restructured by the Meat and Livestock Australia to support the industry in the long run. Furthermore, the event of Brexit may bring new beef exporting opportunities for Australia as the political event will provide better access conditions in Britain. Conclusively, price war, vicious market competition, and supply shortage issues can be controlled if the Australian export and trade policies can be orderly placed. References Abs.gov.au. (2017).Livestock and Meat, Australia, Jun 2017. [online] Available at: https://www.abs.gov.au/ausstats/abs@.nsf/mf/7218.0.55.001 [Accessed Aug. 2017]. Ams.usda.gov. (2017).Beef | Agricultural Marketing Service. [online] Available at: https://www.ams.usda.gov/grades-standards/beef [Accessed Aug. 2017]. Cox, R., Zhou, Z. and Choi, J. (2013).Beef supply chains in Australia. 3rd ed. Orange, NSW: Asian Agribusiness Research Centre. Curtain, C. (2017). Key challenges in store for live cattle export industry's 2017. [online] ABC Rural. Available at: https://www.abc.net.au/news/rural/2017-01-25/live-cattle-export-outlook-2017-heifer-demand-buffalo-indonesia/8207672 [Accessed Aug. 2017]. Gillard, P. and Monypenny, R. (2016). A decision support approach for the beef cattle industry of tropical Australia.Agricultural Systems, 26(3), pp.179-190. Locke, S. (2017).The key uncertainties for Australia's beef industry in 2017. [online] ABC Rural. Available at: https://www.abc.net.au/news/rural/2017-02-06/live-cattle-ship-to-china-as-beef-trade-navigates-uncertaintity/8243440 [Accessed Aug. 2017]. Sun, D., Hyland, P. and Bosch, O. (2014). A Systemic View of Innovation Adoption in the Australian Beef Industry.Systems Research and Behavioral Science, 32(6), pp.646-657. Widiati, R. (2015). Developing Beef Cattle Industry at Smallholders to Support Beef Self-Sufficiency.Indonesian Bulletin of Animal and Veterinary Sciences, 24(4).