Entries in Warren Buffett (4)


Michelle Obama: ‘I’m Strong, Smart and Bold’

Leon Neal/WPA POOL/Getty Images(OMAHA, Neb.) -- First lady Michelle Obama was in Omaha, Neb., Tuesday for an address to women and girls, aimed at boosting their confidence as advocates for themselves.  She also appealed for campaign cash at a fundraiser hosted by Warren Buffet in Omaha, which could be key to President Obama’s re-election.

Mrs. Obama delivered the keynote speech at an annual luncheon for Girls Inc., a nonprofit advocacy group for which she is an honorary board chair, exhorting the women not to “be afraid to dream big.”

“You have to see yourself in a place. You have to be able to see yourself as that scientist, as the next president of the United States. You can be first lady if you want to, but there’s also the presidency,” she said.

Asked by 12-year-old Aviera Pittman whether she believes she’s “strong, smart and bold,” the first lady answered unequivocally.

“Yes, absolutely, right? I’m strong, smart and bold,” Obama told the crowd.

“Believe what people are saying about you.  Believe that.  Take in that good energy.  Own it.  Hug it.  Accept it,” she said. “Put the negative things aside, because that’s always going to be there.  There’s always going to be -- what do we call it, girls?  There’s always going to be haters out there? Don’t focus on that.”

The first lady later spoke to more than 225 paying supporters at a fundraiser at the Omaha Hilton, where she framed the November election as a decision that will “impact our lives for decades” to come.

“Will we continue all the change we’ve begun and the progress we’ve made?  Or will we allow everything we’ve fought for to just slip away?” she said.

“What you have to know is your president, Barack, he knows this.  He knows this all too well.  He understands these issues because he’s lived them,” she said. “And we are blessed to have him.”

The fundraiser, Mrs. Obama’s 25th of the year, raised at least $56,000 for the Obama Campaign, the Democratic National Committee and several state Democratic parties, according to figures provided by the Obama campaign.

Copyright 2012 ABC News Radio


Warren Buffett Has Prostate Cancer, But 'Feels Great'

Scott Eells/Bloomberg via Getty Images(OMAHA, Neb.) -- Berkshire Hathaway CEO Warren Buffett announced Tuesday that he has stage I prostate cancer.  

Buffett, 81, made his illness known Tuesday in a letter to Berkshire shareholders, assuring them that his diagnosis is not life-threatenening.

"The good news is that I've been told by my doctors that my condition is not remotely life-threatening or even debilitating in any meaningful way," he said in the letter.

Buffett also told shareholders that after receiving his diagnosis last Wednesday, he underwent a CAT scan Thursday and an MRI Tuesday.  The tests concluded that there is "no incidence of cancer" anywhere else in his body, Buffett said.

The business magnate says his energy level is "100 percent" and that he feels "great -- as if I were in my normal excellent health," according to the letter.

Buffett said Tuesday that he will begin a two-month treatment of daily radiation in July, which may restrict his travel, but he does not expect his daily routine to change.

A leader entwined with his company’s identity, Buffett said in February he and Berkshire Hathaway’s board have identified a successor. Though Buffett has said the successor does not know he or she has been selected.

Called “The Oracle,” for his business acumen, Buffett has remained silent about his succession plan despite investors who have pushed for more information.

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Copyright 2012 ABC News Radio


President Obama to Award Medal of Freedom to 15 Recipients

Photo Courtesy - Chip Somodevilla/ Getty Images(WASHINGTON) -- President Obama will award the Medal of Freedom -- the nation's highest civilian honor -- to 15 recipients Tuesday, which include a former president, a famous poet and a Hall of Fame baseball player.

The medal is awarded annually "to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors."

The 15 honorees were announced last year in November and "come from a broad range of backgrounds and they’ve excelled in a broad range of fields, but all of them have lived extraordinary lives that have inspired us, enriched our culture, and made our country and our world a better place," President Obama said.

The 2010 Medal of Freedom recipients are:

-- Former President George H. W. Bush
-- Chancellor of the Federal Republic of Germany, Angela Merkel
-- Rep. John Lewis of Georgia
-- Co-founder of the Natural Resources Defense Council, John H. Adams
-- Author, poet, actress and civil rights activist, Dr. Maya Angelou
-- Investor, industrialist and philanthropist, Warren Buffett
-- Artist, Jasper Johns
-- Jewish Holocaust survivor, Gerda Weissmann Klein
-- Optometrist, Dr. Tom Little (Posthumous)
-- Cellist, Yo-Yo Ma
-- Civil rights activist, Sylvia Mendez
-- National baseball Hall of Fame first baseman for the St. Louis Cardinals, Stan “The Man” Musial
-- Former Boston Celtics Captain and five-time NBA Most Valuable Player, Bill Russell
-- Founder of the non-profit organization VSA, Jean Kennedy Smith
-- Current President Emeritus of the AFL-CIO, John J. Sweeney

Copyright 2011 ABC News Radio


Fifteen to Receive Presidential Medal of Freedom

Photo Courtesy -- Getty Images(WASHINGTON) – The White House Wednesday released the names of 15 people who will be honored with the Presidential Medal of Freedom early next year. The Medal of Freedom is considered to be the nation’s highest civilian honor.

“These outstanding honorees come from a broad range of backgrounds and they’ve excelled in a broad range of fields, but all of them have lived extraordinary lives that have inspired us, enriched our culture, and made our country and our world a better place,” Obama said in a statement.
The award will be presented at a White House ceremony early next year to the following individuals: 

President George H. W. Bush
Chancellor Angela Merkel, Federal Republic of Germany
Congressman John Lewis
John H. Adams
Maya Angelou
Warren Buffett 
Jasper Johns 
Gerda Weissmann Klein
Dr. Tom Little (posthumous)
Yo-Yo Ma
Sylvia Mendez
Stan Musial
Bill Russell
Jean Kennedy Smith
John J. Sweeney

Copyright 2010 ABC News Radio

ABC News Radio