Powerful Quotes of Steve Jobs : You have to Have a Lot of passion for what you are doing because it is so hard......

Powerful Quotes of Steve Jobs : 

You have to Have a Lot of passion

 for what you are doing because it is so hard......

The Spirit of Warren Buffett :" Without Passion You dont have Energy. With out Energy ,you have nothing "

Quotes :

" Without Passion You dont have Energy.
   Without  Energy ,you have nothing "



The Times of  Warren Buffett :

 Under Recession ...

In October 2008 the media reported that Buffett had agreed to buy General Electric (GE) preferred stock. The operation included special incentives: He received an option to buy 3 billion of GE stock, at $22.25, over the five years following the agreement, and Buffett also received a 10% dividend (callable within three years). In February 2009 Buffett sold some of the Procter & Gamble Co. and Johnson & Johnson shares from his portfolio.

In addition to suggestions of mistiming, the wisdom in keeping some of Berkshire's major holdings, including the Coca-Cola Company (NYSE:KO) which in 1998 peaked at $86, was questioned. Buffett discussed the difficulties of knowing when to sell in the company's 2004 annual report:

That may seem easy to do when one looks through an always-clean, rear-view mirror. Unfortunately, however, it's the windshield through which investors must peer, and that glass is invariably fogged.

In March 2009, Buffett said in a cable television interview that the economy had "fallen off a cliff ... Not only has the economy slowed down a lot, but people have really changed their habits like I haven't seen". Additionally, Buffett feared that inflation levels that occurred in the 1970s—which led to a painful stagflation that lasted many years—might re-emerge.

In 2009 Buffett invested $2.6 billion as a part of Swiss Re's campaign to raise equity capital. Berkshire Hathaway already owned a 3% stake, with rights to own more than 20%. Also in 2009, Buffett acquiredBurlington Northern Santa Fe Corp. for $34 billion in cash and stock. Alice Schroeder, author of Snowball, said that a key reason for the purchase was to diversify Berkshire Hathaway from the financial industry. Measured by market capitalization in the Financial Times Global 500, Berkshire Hathaway was the eighteenth largest corporation in the world as of June 2009.

Books on Warren Buffett :