Warren Buffett

Beating the market by buying back stock

A company just isn't in the swim today unless it's buying its own shares. Are buybacks a fad - or do they pay off for investors? A ground-breaking Fortune study shows that buybacks have made a mint for shareholders who stuck with the companies carrying them out.

By Carol Loomis

This story is from the April 29, 1985 issue of Fortune. It is the full text of an article excerpted in MORE

Should you leave it all to the children?

If you do, you may not be doing them a favor. But if you want to, there are sensible ways of passing on what you have without depriving the kids of a feeling of achievement.

By Richard I. Kirkland Jr.

This story is from the September 29, 1986 issue of Fortune. It is the full text of an article excerpted in Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012, MORE

A tale of the rich and infamous

By Carrie Gottlieb

This is a sidebar that ran with Should You Leave it All to The Children? in the September 29, 1986 issue of Fortune.

FORTUNE -- Dexter D. Coffin III, 37, grew up with servants, yachts, private boarding schools, and a U.S. family tree that dates to the mid-1600s. That's when his Dexter and Coffin forebears settled Cape Cod and Nantucket Island. He is heir to more than $6 million, held in three MORE

How to - and not to - give it away

By Maggie McComas

This is a sidebar that ran with Should You Leave it All to The Children? in the September 29, 1986 issue of Fortune.

FORTUNE -- Go ahead, give it all to darling daughter Debbie. And while you're at it, disinherit John Jr. He can't spend it in reform school anyway. But remember, merely putting such desires in a will may not ensure that your estate winds up in the right hands.

Debbie may MORE

How to live with a billion

It isn't as easy as you might think. The yacht just broke, the cook just quit, and those pesky reporters won't leave you alone. Here are some ways the super-rich cope.

This story is from the September 11, 1989 issue of Fortune. It is the full text of an article excerpted in Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012, a Fortune Magazine book, collected and expanded by Carol Loomis.

FORTUNE MORE

Are these the new Warren Buffetts?

The dozen young investment managers you'll meet here are brainy, ethical, and good at making money grow consistently.

By Brett Duval Fromson

This story is from the October 30, 1989 issue of Fortune. It is the full text of an article excerpted in Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012, a Fortune Magazine book, collected and expanded by Carol Loomis.

FORTUNE -- Wouldn't you like to become partners with someone MORE

The children of the rich and famous

Not spendthrifts, sots, nor simps, these billionheirs and billionheiresses are working hard - even though they don't have to.

By Alan Farnham

This story is from the September 10, 1990 issue of Fortune. It is the full text of an article excerpted in Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012, a Fortune Magazine book, collected and expanded by Carol Loomis.

FORTUNE -- They're exotic. Some, neurotic. They're billionaire children -- MORE

The world's best brand

CEO Roberto Goizueta's heaviest burden is the load of expectations he has built up by making Coke shareholders $50 billion richer. It's getting harder to maintain the pace.

By John Huey

This story is from the May 31, 1993 issue of Fortune. It is the full text of an article excerpted in Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012, a Fortune Magazine book, collected and expanded by Carol Loomis.

FORTUNE MORE

Revealed: Coke's next CEO

By John Huey

This is a sidebar that ran with The World's Best Brand in the May 31, 1993 issue of Fortune.

FORTUNE -- You heard it here first: Barring disaster, the next CEO of Coca­Cola (KO) will be M. Douglas Ivester, 46, a former outside auditor who worked his way through the University of Georgia as a Kroger bag boy.

When he will ascend is up to CEO Goizueta, who doesn't reach 65 MORE

What really happened at Coke

Doug Ivester was a demon for information. But he couldn't see what was coming at the showdown in Chicago.

By Betsy Morris and Patricia Sellers

This story is from the January 10, 2000 issue of Fortune. It is the full text of an article excerpted in Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012, a Fortune Magazine book, collected and expanded by Carol Loomis.

FORTUNE -- First of all, let's clear MORE