It’s May. The grunions are running and so are the members of Occupy L.A. They wriggle up from the cold and dark, plant their tushies on the warm ground and squirm about frantically, desperate to get something accomplished, until a massive tide sweeps them away.
Warren E. Buffett is the second-richest person in the United States (after Microsoft’s Bill Gates), so when he purchased an Israeli-based stock not long ago, investors throughout the world sat up and took notice. What made it more newsworthy is that it was Buffett’s first major foray into overseas investing. Up to that point, he said he could always find good stocks here at home.
Let’s hear it for lemonade stands! Forty-two percent of entrepreneurs surveyed in a study said their first business venture was during their childhood.
Last week, 40 of the world’s richest families and individuals signed the Giving Pledge, each promising to give away at least half of their fortune to philanthropy before they die. A large number of the signatories are Jewish. This column is for them.