Today's economic chaos is paralyzing many managers with fear. But as Jobs, Buffett, and other business champions keep showing us, risking failure is your only hope. Here's what business courage means now. By Geoff ColvinAug 30, 2011 5:00 AM ET
Fortune selected an executive dream team consisting of the world's best business leaders. Mellody Hobson, the president of Ariel Investments, gives us her selections and why.
FORTUNE -- In the Sept. 5 issue of Fortune, we imagined a new kind of fantasy league: one focused on business leaders, where the stats are ruled more by market cap and earnings per share than on-base percentage and earned run averages. (See Fortune's fantasy MOREAug 23, 2011 9:52 AM ET
It is not just Warren Buffett's successor who will need to navigate the company forward capably. Berkshire Hathaway needs the right kind of board of directors.
By Eleanor Bloxham, contributor
FORTUNE -- In the wake of David Sokol's resignation from Berkshire Hathaway and the revelation of his stock purchases ahead of Berkshire's planned acquisition of Lubrizol (LZ), it has become clear that investors need to consider more than just who will succeed
Warren MOREApr 6, 2011 9:48 AM ET
I can do no better this morning than to link to my revered Captain's Blog, FORTUNE Managing Editor Andy Serwer's discussion of the most valued companies in the current marketplace.
The list is topped by Exxon (XOM), which is followed closely by Microsoft (MSFT) and Wal-Mart (WMT). Close on the heels of the big three are Apple (AAPL), whose market cap towers majestically over its actual revenue, and Berkshire Hathaway (BRKA), MOREBing - Mar 30, 2010 11:55 AM ET
I'm sure I don't need to remind the greatest investor in the world about the law of supply and demand. So I'll remind you instead. In this law of economics, a discipline that has no verifiable laws, this one holds up better than others over time. Here it is: If you limit supply, demand will grow. If you increase supply, demand will fall.
This is equally true for all products, from MOREBing - Mar 1, 2010 12:46 PM ET
I've been in a good mood all week about the announcement that Warren Buffett was investing $32 billion in Burlington Northern Santa Fe, the nation's 2nd largest railroad. "From my standpoint, it's a lot easier to make a $32 billion investment than 10 $3 billion investments," Mr. Buffett said, and also noted, with his customary dry wit, that he was probably doing it because his dad never bought him a train set MOREBing - Nov 5, 2009 1:01 PM ET
There were no big deals. There weren't even very many interesting conversations. The frustration of the media who cover the event was palpable. There was so little information and activity, in fact, that there wasn't even much for them to make up. They hate that.
The two biggest items to emerge were that everybody liked to talk about Twitter but nobody could figure out whether it had a business model, including MOREBing - Jul 15, 2009 3:14 PM ET
According to a new survey conducted in late January by Charles Schwab, 85% of all independent advisors believe that the recession will be over in a couple of years. Two or so, they think. Perhaps a little more. Or less.
Some believe that it will be over by the end of this year, but not many.
Others think it's going to be bad until late 2011, although they are in the minority, MOREBing - Mar 4, 2009 1:41 PM ET
First of all, let me say that I'm supportive of President Obama's measures to limit executive pay in companies that accept new bailout money. There are loopholes that I'm sure smart guys will be able to finesse a bit, but for the most part it limits the comp of senior executives working in such firms to $500,000. Now, this may seem like a lot of money to people who do MOREBing - Feb 5, 2009 7:33 AM ET
I flew from here to there last night. As sometimes happens in Business, I ran into somebody who is in business. We swapped a few observations for a while. After some time, I felt so appalled that I was forced to feign sleep. I think it was over St. Louis.
I should have known I was in some trouble when we were still on the ground in Los Angeles. The chief MOREBing - Nov 24, 2008 11:06 AM ET
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