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This is an awesome talk by Warren Buffet to a graduating MBA class. He gives some really good words of wisdom and interesting anecdotes from his experiences.

A couple of my favorite points:

1. If you could invest 10% in another person, what traits would be your basis for doing so? Since you own 100% of yourself, what traits would you seek to cultivate?

2. On LTCM: "To make money they didn't have and didn't need, they risked what they did have and did need, and that's foolish."

This is a great little speech by Charlie Munger (Warren Buffet's longtime business partner) on the power of mental models and the secret of successful stock picking: Buy seldom and only when you have overwhelming odds in your favor.

This is a must read for any would be investor or entrepreneur.

Quoted:
It's not given to human beings to have such talent that they can just know everything about everything all the time. But it is given to human beings who work hard at it ‑ who look and sift the world for a mispriced be ‑ that they can occasionally find one.

And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. It's just that simple.

Charitable microlending, a interesting concept. Now anyone can be a VC.

Quoted: Kiva enables you to loan to a small business in East Africa.

Google Finance is here! That AJAX chart rocks! [Edit: It turns out that's a Flash chart, but it still rocks. On the other hand, many of the old Bloomberg news articles are no longer available.]

New Apple products coming soon! Will it be the widescreen video iPod, or the FrontRow mac mini, or just the new Intel iBooks? Find out next week.

Quoted: Apple to roll out more products Feb. 28. - A press invitation to Apple Computer Inc.'s Cupertino headquarters on Feb. 28 has started another guessing game about new products.