Warren Buffett

Until a few weeks ago, Australia’s 20,000 investment advisers and their associates in stock broking firms and banks probably thought they had jobs for life; but that was before the Commonwealth Bank advisers’ scandal and the latest threat – internet-powered advice.

THERE is a framed note hanging in Tri Suseno’s CBD office; it’s penned by legendary investor Warren Buffett and reads, ‘There’s no money like old money’.

Kerry Stokes’ move is a little bit Buffett, a little bit Wesfarmers.

THE world's second richest man, Warren Buffett, told shareholders early this month that good, skilful management was a key attribute he looked for in a potential investment.