Billionaire investor Warren Buffett's company picked up roughly 66 million shares of ConocoPhillips stock between March and September to gain control of nearly 6% of the oil company's stock.

Recession, recession, everywhere we turn, we are faced with this dreaded word. For those who are still shy to utter recession, let's not kid ourselves anymore. The earlier we face up to the truth, the faster we are on the road to economic recovery.

1. Men are NOT mind readers. 2. Shopping is NOT a sport. And no, we are never going to think of it that way. 3. Crying is blackmail. 4. Ask for what you want.

Price to Earnings Ratio - A valuation ratio of a company's current share price compared to its per-share earnings. What I like about the PE ratio is that earnings reflect better on cash flow than sales and they are more current than book value.

Change has indeed come to America and I am glad that Obama, a bright, eager, charismatic and progressive African-American has ascended to the White House on a record wave of voters' turnout.

Red October, one of the worst month in Wall Street history, ended on a sweet note on Friday as stocks rallied to cap a week of impressive gains.There are storm clouds gathering but at the moment, investors are caught up in the euphoria.

After a prolonged wait for embattled investors who bought into Lehman linked products, their worst fears have been confirmed.

In the past decade, baseball experienced a data-driven information revolution. Numbers-crunchers now use statistics to put better teams on the field for less money. Our overpriced, underperforming health care system needs a similar revolution.

Stock markets are now entering a period of painful decline as countries around the world face up to the prospect of recession. Interbank lending has eased tentatively as central banks' measures to inject cash to banks unblocked the credit crunch.

Look at how low retail merchants have stooped.