Daily Blogwatch: The Real Story Behind Facebook

Among today’s top online reads for investors: The real story behind Facebook; why we will never have another Warren Buffett; and are we in a “new normal”?
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Mukesh Ambani: The World’s Next Richest Man?

India’s Mukesh Ambani may not be a household name like billionaires Bill Gates or Warren Buffett, but here’s a look at why it could be just a matter of time before the Indian mogul climbs to the top of the world’s richest list….

Blaming Short Sellers: A Pointless Post-Lehman Game

The former CEO of Lehman Brothers, Richard Fuld, blames the firm’s collapse on hedge funds and short sellers that bet on declines in Lehman’s stock price. That explanation may be satisfying for Fuld, but there’s one problem — …

Buffett Sells More Moody’s Shares

Warren Buffett continued to sell his stake in Moody’s, the credit ratings agency faulted for contributing to the financial crisis because of the rating it issued to new and complex high-risk investments during the height of the…

Buffett Sees No Double-Dip Recession in U.S.

Berkshire Hathaway CEO Warren Buffett says that a second, near-term recession in the U.S. is unlikely. Buffett, one of the most successful investors in the world, also says his companies have boosted hiring over the past couple…