Warren Buffett buys D’Intelligent investor for a million dollars !
Although “allergic” to technology buys, Warren Buffett knows a good buy when he sees one. The Oracle of Ohama has decided to invest in a blog as he believes this is the best way to get his “message”out. The message he is preaching is the same throughout his lifetime and that is how ordinary investor’s can intelligently invest in the stock market. He also advocates that CEO’s and business leaders must have integrity beyond reproach especially when it comes to dealing with investors and shareholders and that the best job a CEO can do is to allocate capital. Of course there is no better way to get the message out to the general public and that is through blogs.
Recently we all know Warren Buffett has been involved with “The Secret Millionaire’s club” a cartoon series aimed at teaching kids the basics of finance and investing. His involvement in the Secret Millionaires Club is a way of giving back to the society who has given him so much of his success. His recent purchase of D’ Intelligent investor is another one of his endeavors to give back to society.
Warren says he doesn’t have time to blog, so we made a deal that I would continue blogging in D’ Intelligent Investor while he and Charlie Munger will just contribute articles from time to time. I’ll be under Berkshire’s payroll as the mainstay blogger. Knowing Warren Buffett, I couldn’t agree more. He usually prefers to buy businesses with excellent management and management that think and acts like owners. A lot of Berkshire Hathaway companies are still run by their previous owners. Previous owners are probably the best people to run their own companies as they know the company so well and love it as their own. So it didn’t surprise me when Buffett asked that I continue blogging in D’Intelligent investor.
Although the main reason for his buying my blog is not for profit, from an investment standpoint, he still sees this blog as a long term investment as he always sees all investments. Although this blog is only worth less than a thousand dollars today, he sees it to be worth a billion dollars in less than 50 years time. Using the time value of money he computes that the blog is a great buy today at $1 million dollars. We initially discussed that 100 % of the blog’s income will be given to the Gates foundation. This didn’t surprise me also because even in his philanthropic works, Buffett always sees to it that he places his money where it will work hard most efficiently. That is why he gave the Gates foundation about $30 Billion U.S dollars because he believes that the Gates foundation is the best place where his money can work the hardest and can have the most impact worldwide in terms of philanthropic works.
Buffett also mentioned that he likes the blog’s title “D’ Intelligent Investor” as it reminds him so much about his favorite investing book, “The Intelligent Investor” by his mentor Benjamin Graham, known as the father of value investing.
I’ll be meeting on Monday with Berkshire Hathaway’s Marc D. Hamburg, Berkshire’s Chief Financial officer, Allen Greenberg, the Executive Director of the Buffett foundation and the CEO of the Bill and Melinda Gates foundation, Jeff Raikes. We will be discussing the terms of the purchase. I will update you more about this.
Hahahahaha Got you ! HAPPY APRIL’S FOOLS DAY ! 
Hi ! my name is Zigfred Diaz, Thanks for visiting my blog where you can learn stock market investing the Warren Buffett way and using other value investing methods ! Never miss a post from this blog. Subscribe to my full feeds for free. Click here to subscribe to D’Intelligent Investor by Email
i was closing to calling GMA and ABSCBN to actually feature you! I mean u can be a finance/ investment hero already, right there.. no harm in dreaming
Jenny Bee: heheheheh
There were a lot of people that really fell for this 