Warren Buffett

Buffett uses farm as investment example

Don’t speculate on price movements, says world’s fourth-richest man

Berkshire Hathaway chairman Warren Buffett, known for his folksy straightforward communication style, turned to farming to recommend his winning strategy for investors to follow. In an excerpt of his annual letter to shareholders, Buffett used a 1986 purchase of a farm located 50 miles north of Omaha to support his case about simple, diversified and









CWB retirees keep indexed pensions

No matter what happens to revamped Canadian Wheat Board, its retired employees will still receive indexed pensions. The federal government gave $348 million last year to cover CWB’s “legacy liabilities,” including pensions and pensioners’ benefits. Some of those funds were used to purchase a $150-million indexed group annuity buy-in from Sun Life Financial, the CWB

Glencore founder dies in Switzerland

Billionaire Marc Rich, who invented oil trading and was pardoned by President Bill Clinton over tax evasion, racketeering and busting sanctions with Iran, died June 26 in Switzerland aged 78. Rich fled the Holocaust with his parents for America to become the most successful and controversial trader of his time and a fugitive from U.S.



A sample options strategy for soybeans

We recently had the privilege of co-presenting with the CME Group at their CBOT Grain Options Workshop during the annual Wild Oats Grainworld conference in Winnipeg. Here’s an overview of that event including what is risk, what is risk management and a straightforward strategy you can use to protect yourself against falling grain prices. What