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The Nobelity Project Joins Elite Projects at Clinton Global Initiative

The Nobelity Project Joins Elite Projects at Clinton Global Initiative










Austin, TX (PRWEB) September 24, 2008

The Nobelity Project (http://www.nobelity.org) is honored to announce its invitation to participate in The Clinton Global Initiative (CGI) September 23-26, 2008 in New York City. President Clinton founded CGI in 2005. This non-partisan conference was designed to convene the most influential leaders to discuss the world’s most pressing global issues and to turn innovative ideas into solutions.

“Whether you’re a business leader such as Warren Buffett, a Nobel laureate like Desmond Tutu, a corporation such as Google, or a nonprofit like The Nobelity Project, as a CGI member you are making a substantial commitment to take concrete, measurable steps to improve and save lives around the world,” said Turk Pipkin, Founder of the Nobelity Project.

The Nobelity Project’s commitment to CGI is to reach one million middle and high school students in 2009 through a dramatic expansion of the Nobelity in Schools program. Through their commitment to knowledge and change, the Nobelity Project will donate a double DVD package, classroom materials and a web-based Circle of Learning program to every teacher who wants to engage students in the issues that will shape their futures. The core message to these students is that each one of them can make a difference in the world and contribute to positive change.

In March, 2009, The Nobelity Project will release One Peace at a Time, a follow up to their documentary Nobelity, which provides a deeper focus on the solutions to global problems. Filmed in 20 countries on five continents, the goal of the film is to create a roadmap to a better future. Pipkin’s latest journey explores the possibility of guaranteeing fundamental rights to every child on earth. The film chronicles specific solutions related to water, nutrition, education, health care and economic opportunity. Technology and science play a significant role in these solutions, as does the active role of individuals and communities.

The Nobelity Project’s work is supported by individuals, businesses, corporations and foundations who share our concerns about the world we are leaving for future generations. “Membership in CGI is going to be a big boost to our education work, but reaching a million students is going to be one of our biggest financial hurdles to date,” Pipkin explained. “AMD and the 50×15 Foundation have already come on board as the first sponsor, but we need to raise that money sooner, not later.”

About The Nobelity Project

The Nobelity Project is an education and action non-profit working toward a more peaceful and sustainable world. Dedicated to a better future for children everywhere, we work with Nobel laureates and other inspiring leaders to provide reliable information and innovative thinking on pressing global problems and solutions that work. The Nobelity Project combines highly professional filmmaking with a nonpartisan, non-profit education program available to all schools without charge. This unique approach measures profits in the creation of positive change by an informed and motivated public. For more information, please visit http://www.nobelity.org.

Contact: Karen Frost

Frost Media Relations

Tel: 512.451.7770

http://www.nobelity.org

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Buffett’s Berkshire Joins Bidding Group for Citi Unit

Buffett’s Berkshire Joins Bidding Group for Citi Unit
Berkshire Hathaway has joined the group bidding for Citigroup’s consumer lending unit OneMain, formerly known as CitiFinancial, the Wall Street Journal said, citing people familiar with the matter.
Read more on CNBC

Carrick’s Reader: Renovation rationalization
Rob Carrick rounds up the best in personal finance reading
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Gamer-turned-successful investor
CREDIT cards may be one of the five Cs that many young Singaporeans aspire towards, but not Scott Lee Dong Yi. The economics major, who considers Warren Buffett an idol of sorts, is rather disdainful of the cashless mode of transactions often lauded for its convenience.
Read more on AsiaOne

Venture capitalist Vinod Khosla joins ‘Giving Pledge’ to donate half of his fortune to charity

Venture capitalist Vinod Khosla joins ‘Giving Pledge’ to donate half of his fortune to charity
Khosla and his wife Neeru are among the latest round of billionaires who have pledged to give half of their vast fortunes to charity.
Read more on Contra Costa Times

Stocks that withstand Buffett-like scrutiny
Validea Canada’s ‘Patient Investor’ screen borrows methodology from Oracle of Omaha
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No, Really: You Can Make Money Investing In The Music Business
Everyone else can have the rules. I’ll take the exceptions. I had breakfast this morning with a friend who is a partner at a VC firm I’ve worked with a few times. He’s a great guy and a smart investor. We were discussing a deal that I had recently seen in the music business.
Read more on Forbes

Buffett’s succession plan: Todd Combs joins Berkshire

In a news release announced on Monday, Warren Buffett’s Nebraska-based Berkshire Hathaway said that hedge fund manager Todd Combs would join Berkshire Hathaway as an investment manager to handle a significant position that would eventually lead the firm to manage and expand its portfolio. Berkshire Hathaway, at present, owns numerous businesses focused on the insurance sector and a huge amount of liquidity involved in stocks.

According to Warren Buffett, one of the world’s richest tycoons, the new yet unexpected move fits with the succession plan, which the 80-year-old has outlined for the company he owns and leads since 1965.

Buffett had addressed his succession agenda in May this year and as per his plan his position would ultimately be split into a CEO role that would be taken care of by three or four investment chiefs.

Since then there has been a speculation on the kind of recruitments Buffett’s Berkshire Hathaway would make.

Buffett made a significant statement in his company news release, he said that he and his business partner Charlie Munger looked for someone like Combs for three years and they finally found Combs, who will now handle a significant position of Berkshire Hathaway’s investment portfolio.

“We are delighted that Todd will be joining us,” added Buffett.

James Armstrong, owner of the Berkshire stocks and president of Pittsburgh-based Henry H. Armstrong Associates said, “The fact that he’s come public with one of the names means he must be pretty confident in Mr. Combs, or why release the name. It’s not been his practice.” Armstrong oversees 0 million.

Combs’ appointment news, however, was surprisingly revealed right after Berkshire disclosed a dispute with securities regulators over its accounting for investments.

Todd Combs: Fact File

39-year-old Todd Combs has been managing Castle Point Capital, a financial service, as a hedge fund manager since five years. Combs has reportedly been able to manage 5 million since the firm’s inception in November 2005 till July 2010 and his fund climbed 28% up during the mentioned period.

Combs issued a letter to the limited partners of Castle Point Capital after Berkshire’s announcement that he is joining them.

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