Advertise on Bikeforums.net



User Tag List

Results 1 to 12 of 12
  1. #1
    On my TARDIScycle! KingTermite's Avatar
    Join Date
    Jun 2005
    Location
    Eastside Seattlite Termite Mound
    My Bikes
    Trek 520, Trek Navigator 300, Peugeot Versailles PE10DE
    Posts
    3,928
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Gates dethroned; Buffett is richest

    (No..not Jimmy Buffet, silly)

    After 13 years as the wealthiest person in the world, Microsoft's co-founder drops to third place, behind the Oracle of Omaha and Mexico's Carlos Slim Helú. Buffett and Gates are the only Americans in the top 10.

    http://articles.moneycentral.msn.com...aspx?GT1=33009
    Quote Originally Posted by coffeecake View Post
    - it's pretty well established that Hitler was an *******.

  2. #2
    long time visiter Alfster's Avatar
    Join Date
    Oct 2005
    Location
    SW Ontario
    My Bikes
    2005 Trek 6700 disc 2007 Orbea Onix 2009 Raleigh One Way
    Posts
    586
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by KingTermite View Post
    (No..not Jimmy Buffet, silly)

    After 13 years as the wealthiest person in the world, Microsoft's co-founder drops to third place, behind the Oracle of Omaha and Mexico's Carlos Slim Helú. Buffett and Gates are the only Americans in the top 10.

    http://articles.moneycentral.msn.com...aspx?GT1=33009
    Apparently he was de-throned because of his announcement to attempt to aquire Yahoo. Not sure why this would affect his net worth.

  3. #3
    Up on the Down Side CyLowe97's Avatar
    Join Date
    Mar 2005
    Location
    Chicago(ish)
    Posts
    6,327
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Buffett and Gates are good friends and they want your kids to get hooked on bridge. Trust neither of them!


    I bet they will armwrestle at some point to show who is truly the coolest.

  4. #4
    You Know!? For Kids! jsharr's Avatar
    Join Date
    Apr 2005
    Location
    Just NW of Richardson Bike Mart
    My Bikes
    '05 Trek 1200 / '90 Trek 8000 / '? Falcon Europa
    Posts
    6,084
    Mentioned
    12 Post(s)
    Tagged
    3 Thread(s)
    Wait until RyanF sets his sights on amassing wealth. When he dropes the monie hamer, the souls of Buffet, Gates, The Singh Bros., The Hariries, Slim Hedu and all others shall be crushed by his massive economic guads.
    Are you a registered member? Why not? Click here to register. It's free and only takes 27 seconds! Help out the forums, abide by our community guidelines.
    Quote Originally Posted by colorider View Post
    Phobias are for irrational fears. Fear of junk ripping badgers is perfectly rational. Those things are nasty.

  5. #5
    more ape than man timmhaan's Avatar
    Join Date
    Nov 2003
    Location
    nyc
    Posts
    8,093
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Alfster View Post
    Apparently he was de-throned because of his announcement to attempt to aquire Yahoo. Not sure why this would affect his net worth.
    microsoft stock price drifted lower after the announcement.

  6. #6
    Senior Member DannoXYZ's Avatar
    Join Date
    Jul 2005
    Location
    Saratoga, CA
    Posts
    11,495
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Alfster View Post
    Apparently he was de-throned because of his announcement to attempt to aquire Yahoo. Not sure why this would affect his net worth.
    Acquiring a company requires putting out a large amount of cash and stock. This shows up on the bottom line as lower-earnings and thus lower EPS; making the stock seemingly less valuable.

  7. #7
    long time visiter Alfster's Avatar
    Join Date
    Oct 2005
    Location
    SW Ontario
    My Bikes
    2005 Trek 6700 disc 2007 Orbea Onix 2009 Raleigh One Way
    Posts
    586
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by DannoXYZ View Post
    Acquiring a company requires putting out a large amount of cash and stock. This shows up on the bottom line as lower-earnings and thus lower EPS; making the stock seemingly less valuable.
    I'd agree if there was an actual aquisition taking place. So far it's all speculation and negotiation with little or no money being spent. Timmhaan is probably right. I don't follow MS stock, however it sounds like it dropped based on the initial news.

  8. #8
    Señor Member USAZorro's Avatar
    Join Date
    Oct 2004
    Location
    Carlisle, PA
    My Bikes
    1954 Hetchins M.O., 1959 Viking Severn Valley, 1970 Raleigh Pro, 1972 Fuji "The Finest", 1974 Raleigh Superbe&Comp, 1976 Raleigh Team Pro, 1994 Trek 830 MTB, 2000 Bob Jackson Arrowhead, Unicycle
    Posts
    13,034
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    You missed the big to-do last year when Slim took the #1 away from Bill. At least Bill does a lot of charitable giving.
    The search for inner peace continues...

  9. #9
    more ape than man timmhaan's Avatar
    Join Date
    Nov 2003
    Location
    nyc
    Posts
    8,093
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Alfster View Post
    I'd agree if there was an actual aquisition taking place. So far it's all speculation and negotiation with little or no money being spent. Timmhaan is probably right. I don't follow MS stock, however it sounds like it dropped based on the initial news.
    danno is right too. actually we all are. it's the speculation of the aquisition that made people sell off their microsoft shares...basically the market is anticipating lower earnings per share for microsoft if the deal goes down. and since the market is forward thinking, everyone wants to be ahead of the crowd, even if it hasn't actually happened yet.

  10. #10
    Opus PATH's Avatar
    Join Date
    Jan 2007
    Location
    North of City
    My Bikes
    Bianchi Cross Concept, Bianchi Axis, Specialized Crosstrail, Specialized Roubaix, Miyata Sportsrunner, Trek T1 Track Bike, Specialized CrossTrail Expert, Specialized Tricross Comp Triple
    Posts
    223
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I am far richer in what matters most than both of those fellows. Life is good!
    Go raibh an chóir ghaoithe i gcónaí liom!

    2007 Specialized Tricross Comp Triple, 2007 Trek T1, 2006 Specialized Roubaix
    2006 Bianchi Cross Concept, 1989 Miyata Sportrunner, 2006 Bianchi Axis, 2008 Specialized Crosstrail Expert







    Lullaby Of Foo

    Now I lay me down to sleep
    Keep my bike safe from the bicycle thief
    Keep my tootsies toasty warm
    keep my carbon from any harm

    Good Night Road Bike
    Good Night Moutain Bike
    Good night all you Foosters
    And good night Moon

  11. #11
    Life is good RonH's Avatar
    Join Date
    Jan 2001
    Location
    Between Crystal River and Hernando, Florida, 6 miles west of the Withlacoochee Trail
    My Bikes
    I've had several since 1999 but have settled on my beloved 2001 Litespeed Tuscany and my latest, a 2013 Cannondale CAAD 10.
    Posts
    13,720
    Mentioned
    3 Post(s)
    Tagged
    0 Thread(s)
    My wife doesn't like him because Microsoft (like many other American corporations) hires foreign H1B status workers rather than "talented" Americans who are just as smart, if not smarter.

    Quote Originally Posted by USAZorro
    At least Bill does a lot of charitable giving.
    He gives away money by the BILLIONS. I guess that's why he's now #3.
    My bikes: 2001 Litespeed Tuscany---
    2013 Cannondale CAAD 10 2 "Racing Edition"--The bike shop owner said it's toast after the car-bike accident. R.I.P.
    * * 2014 or 2015 CAAD 10 3 coming soon. Decision time. * *

    Life is like a 10-speed bicycle. Most of us have gears we never use. ~ Charles Schultz

  12. #12
    Senior Member Sledbikes's Avatar
    Join Date
    Feb 2005
    Posts
    539
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    gates has done a lot for education more than our government has
    riding and pimpin again

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •