Try and Top This List, Buffet Not A Bit of A Fan and Shacked Out

Can I please get on the list?

Image courtesy of Stuart Miles/FreeDigitalPhotos.net

Image courtesy of Stuart Miles/FreeDigitalPhotos.net

Forbes came out with its annual list of the world’s wealthiest people and it’s official:  None of my Facebook friends are on it.  Oh well.  But you can call Bill Gates the comeback billionaire because after four years he has returned to the top of this list beating out Mexican telecom mogul Carlos Slim Helu by a paltry $4 billion. Purchased anything from Zara lately? You must have because you helped Amancio Ortega of this giant clothing company fit  into the number three spot. Warren Buffet comes in fourth while Facebook’s Mark Zuckerberg comes in at the number 21 spot.

Warren Buffet biting at bitcoin…

Image courtesy of Stuart Miles/FreeDigitalPhotos.net

Image courtesy of Stuart Miles/FreeDigitalPhotos.net

It’s official: Warren Buffet is not a fan of Bitcoin calling it “…a Buck Rogers kind of thing.” Ouch. The Oracle of Omaha said “I wouldn’t be surprised if it’s not around in 10 or 20 years.”  Indeed,  Forbes fourth wealthiest man – who knows a thing or two – has shunned the virtual currency  – with no regulation or central bank because “it does not meet the test of currency.”   These comments came following the collapse of Mt. Gox, the now bankrupt and defunct Tokyo based bitcoin exchange.

Radio days…

Image courtesy of nirots/FreeDigitalPhotos.net

Image courtesy of nirots/FreeDigitalPhotos.net

Feeling nostalgic for Radio Shack?  If that’s the case, then you might want to hightail it over to one quickly because there’s a good chance that if you wait, it might not be there anymore.  The Fort Worth, Texas based electronics retailer is getting set to shutter 1100 shacks after posting its eighth consecutive quarter of losses.  CEO Joe Magnacca blamed the drop in sales on a slew of reasons including people not buying enough and bigger discounts from rivals.  Yes that’s right – blame it those gosh darn discounts from your competitors.

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2 responses to “Try and Top This List, Buffet Not A Bit of A Fan and Shacked Out

  1. Okay, so the bit coin is backed by commodities, that’s the part that I wasn’t fully understanding, but that is where the value is coming from! I learned that the other day as dad and I were talking, so it makes more sense to me now!

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