George's story links

Warren Buffett Matching Illinois Teen's $300 Deficit Donation

(via www.cnbc.com)

Warren Buffett is matching a 16-year-old girl's $300 deficit-reducing donation, reports WLS in Chicago.

'Buffett Rule' Introduced in Senate But Passage Unlikely Amid GOP Opposition

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A version of President Obama's "Buffett Rule" has been introduced in the U.S. Senate but it faces an enormous obstacle: strong Republican opposition. Today, Senator Sheldon Whitehouse, a Democrat representing Rhode Island, formally introduced what he's calling the "Paying a Fair Share Act of 2012."

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Current Best Values: Return on Enterprise Value

(via www.fatpitchfinancials.com)

A list of the top 1% of stocks ranked based on Net Cash Flow / Enterprise Value.

Warren Buffett Defends His Secretary From 'Ridiculous' Attacks

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Warren Buffett says criticism of his secretary, Debbie Bosanek, over her supposed high salary and purchase of a second home, is 'ridiculous' and misses the point he's trying to make on tax rates for the very rich.

Does Warren Buffett's Secretary Really Make Over $200,000?

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As President Obama again made the argument that it's not fair Warren Buffett's secretary pays a higher tax rate than her billionaire employer does, a Forbes contributor gets some attention with a post headlined "Warren Buffett's Secretary Likely Makes Between $200,000 and $500,000/Year."  But is there really a strong argument to support that conclusion?

Return on Enterprise Value (ROEV) Backtest

(via www.fatpitchfinancials.com)

A backtest of Net Cash Flow/Enterprise Value as compare to the excellent results of the EV/EBITDA Ratio backtest.

Warren Buffett's Secretary 'Excited' About State of the Union Role

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The woman who has gained some fame as Warren Buffett's "secretary" .. she actually refers to herself as Buffett's assistant .. is "excited" about sitting with Michelle Obama during tonight's State of the Union address by President Obama.

Warren Buffett Offers Millions in Deficit Donations, If ...

(via www.cnbc.com)

Warren Buffett ups the ante with an offer during a Bloomberg interview to donate millions of dollars to help reduce the nation's deficit .. 15 percent of his annual income .. if at least 50 Capitol Hill lawmakers do the same.

Warren Buffett Sings and Plays Ukulele for Chinese New Year

(via www.cnbc.com)

A short video clip of Warren Buffett playing the ukulele and singing "I've Been Working on the Railroad" is part of Chinese television's New Year celebration.   It appears on the 2012 Spring Gala website of state broadcaster CCTV. The Gala is a massive television program marking the start of the lunar new year that's watched by millions of Chinese.

Warren Buffett Partied With Jay-Z Last Night

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He's not known for the night life but last night Warren Buffett was hanging with Jay-Z.

'Impressed' and 'Delighted' Warren Buffett Matches GOP Rep's Deficit Donations

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Warren Buffett will be writing a check made out to the United States Treasury for just over $49,000 to help pay down the national debt. He's matching voluntary contributions made this year and last year by Rep. Scott Rigell, a Republican representing Virginia.

Current Best Values: Enterprise Value to EBITDA Ratio

(via www.fatpitchfinancials.com)

Given that we recently backtested the highly effective Enterprise Value to EBITDA ratio that was presented in Quantitative Strategies for Achieving Alpha, I thought folks might be interested in seeing the current results for this screen. Here are the top 1% stocks ranked on EV/EBITDA.

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Enterprise Value to EBITDA ratio Backtest

(via www.fatpitchfinancials.com)

As you can see from the table and charts, stocks ranked in the highest 20% (1st quintile) of EBITDA/EV produced a CAGR of 11.37% from January 1, 2002 to December 31, 2011.

Warren Buffett Challenges GOP Senator Mitch McConnell to Help Reduce the Federal Deficit

(via www.cnbc.com)

Warren Buffett has a challenge for Senate Minority Leader Mitch McConnell, telling Time he'll match three-for-one any voluntary donations McConnell makes to reduce the federal deficit.  It's a response to McConnell's criticism of Buffett's call for higher tax rates on the super-rich.

Sen. McConnell Spokesman: Warren Buffett Should Look to Democrats for Deficit Donations

(via www.cnbc.com)

The office of Minority Leader Mitch McConnell has issued a swift response to Warren Buffett's offer to match three-for-one any contribution McConnell makes to reduce the deficit.  A spokesman suggests that Buffett should be matching contributions "from those who actually want to pay higher taxes, including Congressional Democrats, the President and the DNC."