Buffett contributes $1,150 to campaign

Sounds like Warren Buffett and his wife both donated $1,150 towards Kevin Johnson's campaign.

If you're thinking what I'm thinking, then we're both thinking:

"Who the heck is Kevin Johnson?" and "Wait a second... $1,150?? Is there a decimal point missing?!" Get the story here.

Surprised that Buffett's announcement didn't help

I've got to admit it... after Warren Buffett's recent "I'm buying American" announcement, I thought for sure the market would soar on investor confidence.

Well, I suppose it did on occasion since then -- yesterday being a prime example.

But it's also had those massive drops too. Weird.

I don't know about you, but I thought Buffett's announcement would have drove investor confidence to a level that would stabilize the markets quite a bit better than what we're seeing.

Nevertheless, here's another article about why Buffett is buying today. And as a bonus, this article reveals the names of 10 healthy, American stocks hand-picked by Zack's Investment Research that may be a bargain for value investors...

Was Warren Buffett wrong on taxes?

Amidst the financial crisis, the richest man in the world recently stated that the government should raise taxes for the rich... pointing out that he's paying the lowest rate that he's ever paid in his life.

This comes at a time when Americans are just downright scared about the market. So naturally, any advice or wisdom coming from Warren Buffett is not taken with a grain of salt.

And with the Presidential election now less than one week away -- and the U.S. economic situation rising to the forefront of issues -- Buffett's opinions can certainly be used as propoganda to steer voters to one political party or another.

The question is, was Warren Buffett wrong about his comment on taxes?

Brian Sullivan gives one side of the story here.

Both History and Buffett tell you to buy stocks right now

History class teaches us that history repeats itself.

Warren Buffett teaches us that the time to buy is when everyone else is afraid.

Dr. Steve Sjuggerud from The Daily Wealth put today's economic situation in pretty plain English: "It's time to get rich in stocks."

Be Like Buffet With These 3 Undervalued Penny Stocks

Hold the horse... "Buffett" and "Penny Stocks" in the same sentence?

The idea is that while everyone is scared stiff to pump any more cash into the markets during this financial crisis... smart investors looking to bank big time should follow Buffett's lead and be greedy when others are fearful.

And that means scooping up the stocks that are absolute bargains right now. And according to Greg "Gunner" Guenther from the Penny Sleuth, there are 3 screaming bargains right now...

Get the names of these undervalued penny stocks right here.

The Snowball: Warren Buffett and the Business of Life

Steve Weinberg posts a book review of "The Snowball: Warren Buffett and the Business of Life" by Alice Schroeder. His review is posted on The Christian Science Monitor.

Here's an excerpt from the book and the review...

"At age 9, already obsessed with earning money, Warren Buffett is playing in the yard with his younger sister, catching snowflakes.

"He starts to pack them into a ball. As the snowball grows bigger, he places it on the ground. Slowly it begins to roll. He gives it a push, and it picks up more snow. He pushes the snowball across the lawn, piling snow on snow. Soon he reaches the edge of the yard. After a moment of hesitation, he heads off, rolling the snowball through the neighborhood.

"And from there, Warren continues onward, casting his eye on a whole world full of snow."

Read Weinberg's review here.

"Buy American. I Am." Is Warren Buffett a Government Propagandist?

No doubt you read the New York Times op-ed on Buffett last week where he gives his endorsement for buying American stocks.

Well, I just read an interesting take from Karen De Coster that poses the question: Is Warren Buffett a government propagandist? Read her post on Buffett's "Buy American" endorsement here.

What do you think?

Buffett photos at Fortune's "Most Powerful Women Summit"

Looks like Warren Buffett enjoyed himself among a crowd of 350 women leaders earlier this month. Check out all the photos here.

"Not taking Warren Buffett's advice is like turning down gold lessons with Tiger Woods"

The headline says it all ...

Why on earth would anyone ignore the investing advice of Warren Buffett right now?

Read the short article here. Credit goes to Andy Carpenter from Investor's Daily Edge.

Buffett's portfolio loses billions this year...

Buffett's in the news almost every day. Everyone wants to know when he buys, when he sells, and frankly, if he's the richest or second richest man in the world (he seems to go back and forth every other day with his buddy Bill Gates)

But today Buffett made headlines for something else...

Go right here to see how the financial crisis has taken an unbelievable chunk out of the value of Buffett's Berkshire-Hathaway.

What Warren Buffett is Doing in this Unprecedented Market

Warren Buffett has definitely seen his share of down markets. But he knows this is the environment where investors can find the best values. No wonder he just gave a resounding endorsement of U.S. stocks.

But what's Buffett seeing in today's market? In this issue, StreetAuthority's Nathan Slaughter explores what's behind the "Oracle of Omaha's" thinking. Read the full story here.

Credit: This story is written by Nathan Slaughter -- Editor of StreetAuthority's Half-Priced Stocks

Buffett's Loading Up on Preferreds with 10% Yields

Warren Buffett has been on a buying spree lately.

While most investors have been downright spooked by uncertainty in today's turbulent market, Buffett has been pouring $8 billion into new investments over the last few weeks alone.

But Buffett's not just buying anything...

In fact, his latest investments are starkly different from the rest of his bellwether holdings... While the vast majority of Berkshire Hathaway's portfolio is made up of common stocks, almost all of his recent purchases have been preferred stocks with double-digit yields.

There are a number of compelling reasons why this little-known asset class is at a historically attractive buy point -- including their higher yields, safer income streams, and price stability. Obviously, these reasons aren't lost on Warren Buffett. Should we follow his lead? Read the full story here.

Credit: This story is written by Amy Calistri -- an Investment Analyst for Global Dividend Opportunities