Berkshire Hathaway—A Billionaire’s Reality

The conglomerate that was once rated as the eighth largest company in the world by the Forbes Group is the brainchild of the smartest man on Wall Street. A sagacious investor by nature, Warren Buffet, chairman and CEO of Berkshire Hathaway, built his empire through strategic investment, which was came intrinsically to him. He first filed his income tax in 1944 and at the age of 11 he first bought stocks of Cities Service.

The empire of Berkshire Hathaway spreads across pharmaceuticals, oil and gas, media, insurance, to financial services, food, construction, and many more. Apart from this, Berkshire Hathaway owns several companies in diverse industrial sectors, making it almost a $ 50 billion company in terms of equity valuation.

In 1962 Buffet started investing in a textile manufacturing firm in Berkshire Hathaway and in 1965 Buffet’s partnership started buying Berkshire shares very aggressively. In 1988 Buffet bought shares up to 7% for $1.20 billion of Coca Cola Company. Buffet became a billionaire when Berkshire Hathaway started selling class-A shares in 1990. During a sub-prime phase Berkshire’s earnings dropped 77% in the third quarter of 2008. Buffet helped Dow Chemicals with $ 18.8 billion takeover of Rohm and Haas and became the single largest shareholder in the enlarged group with his Berkshire Hathaway.

The Real Magnitude Of Walmart

How much do you know about Walmart? We certainly didn’t know enough…that is until now! Very few know what a leviathan this largest retailer in the world really is. Check out some of the stats that blow your mind away:

  • If we were to mark Walmart’s revenue as national GDP, it would be the 25th largest economy in the world!
  • If all of Walmart’s stores were to be lined up side by side, all of Manhattan’s 880 million square feet would be covered!
  • Walmart commands the second largest active military in the world!…that is if all of its 2,100,000 people are commissioned in the army!
  • It’s 8000 delivery trucks burn 118 million gallons of fuel each year.
  • CEO Michaels makes more in an hour than his sales associate will in a year!

A New Genre Of Loan To Save Your Business!

A new genre of lending and borrowing has come as a messiah for several entrepreneurs and business start-ups everywhere.

It is called P2P or peer-to-peer lending, where the borrower takes a loan from an individual rather than a lending institution. This is fast becoming a preferred mode of borrowing money as it commands greater efficiency, lower interest rates, and virtually no running around!

The top four reasons why people borrow loans from such individuals are to pay off credit card loans, for home improvement, for business, and for a major purchase. Statistics show that people can get a P2P loan for anything, from debt consolidation, to starting off a business, to buying a car, or even to pay for school.

Borrowers can look to get anywhere between $1,000 and $25,000. However, as with traditional loans, the borrower’s credit score determines how high or low the interest rate will be.

If you are a small business or know of someone who is not making headway with their project for lack of funding, a P2P loan may just perhaps save the day for them!

The history of E-commerce — Since 1979

Since the development of the World Wide Web (www), E-commerce has attained rapid popularity. Right from shopping platforms for business to business (B to B) to its progress to business to Consumer (B to C), the growth has been speedy and very profiting. So much so that E-commercewebsites are now one of the major contributors to the American economy.Have you ever wondered about the beginnings and development of the E-commerce websites?  Here is a detailed graph by ZippyCart, which will trace back the history of E-commerce for you.


Photo of a big bunny rabbit!

As this graph explains, E-commerce has been one of the most profitable businesses in the online world. It also shows the tremendous progress that the Ecommerce world is making. This graph assures that E-commerce can take our economy a long way.

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The Know-How of Promotional Products Industry

Have you ever received a promotional product? A pen, a T-shirt, or even a coffee mug with some business name imprinted on it? The advertizing idea of giving away promotional items has gained widespread popularity since its inception in 1789. There is hardly anyone in the world today who does not receive a promo item at least once in their life. Here is a very creative chart that will give you interesting details about this widespread industry. 

As depicted in the chart above, promotional products industry gains $15.6 million in revenue per year. Several surveys suggest that promotional items have an effective recall value, are great giveaways for brand building exercises, and inspire customer loyalty too!! A lot of businesses leverage this popular advertizing medium to their benefit by giving away promo items at their annual celebrations, tradeshows, and even business meetings.  So, while planning an advertizing campaign next time, it might work well for you to have a budget kept aside for promotional giveaways and see your business soar to success!!

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