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What one of the richest men in America is doing to teach kids about money
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Warren Buffett is worth over $70 billion. He is also the star of his very own cartoon. - photo by JJ Feinauer
JJ Feinauer
Deseret News
Published: Jun 24, 2015, 8:39 AM
Warren Buffett is one of the most succesful investors in history. He's currently worth over $70 billion, constantly ranking among the richest men in the world.

Apparently, he is also the star of his very own cartoon.

According to MarketWatch's Charles Passy, Buffett lends his voice (and script ideas) to a web-only cartoon called "Secret Millionaires Club" from the creator of Inspector Gadget, Andy Heyward, which aims to teach kids about financial responsibility.

"He has no investment in the project. Nor does he collect a dime for his considerable contributions to the series, which include time spent voicing his own character and volunteering ideas for scripts," Passy wrote in his report on the not-so-secret project. "So its a labor of love, but one that has special resonance for the low-key mogul, whos always made education part of his lifes work."

Buffett became rich as the CEO of investment firm Berkshire Hathaway, and he's vocal about his thoughts on the nature of investing.

"You don't need to be a rocket scientist," he once declared. "Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ."

It seems as if Buffett is now interested in taking his message to children. In the first episode, for example, Buffett's character (which is actually voiced by him, according to Passy) teachings kids how to "turn lemons into lemonade".

According to Passy, the cartoon series has managed to fly under the radar despite Buffett's involvement. But not anymore. Passy has not only written an interesting explanation of the ethos behind the show, he's also spoken with reporters at the Wall Street Journal.

You can read the Passy's entire article at MarketWatch.
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Record April boosts Savannah's container trade at port
GardenCityTerminal
The Port of Savannah moved 356,700 20-foot equivalent container units in April, an increase of 7.1 percent. - photo by Provided
Bryan County News
Updated: May 23, 2018, 1:59 AM
Published: May 23, 2018, 2:00 AM

The Georgia Ports Authority's busiest April ever pushed its fiscal year-to-date totals to more than 3.4 million 20-foot equivalent container units (TEUs), an increase of 8.8 percent, or 280,000 TEUs, compared to the first 10 months of fiscal 2017.

"We're on track to move more than 300,000 TEUs in every month of the fiscal year, which will be a first for the authority," said GPA Executive Director Griff Lynch. "We're also anticipating this to be the first fiscal year for the Port of Savannah to handle more than 4 million TEUs."

April volumes reached 356,700 20-foot equivalent container units, up 7.1 percent or 23,700 units. As the fastest growing containerport in the nation, the Port of Savannah has achieved a compound annual growth rate of more than 5 percent a year over the past decade.

"As reported in the recent economic impact study by UGA's Terry College of Business, trade through Georgia's deepwater ports translates into jobs, higher incomes and greater productivity," said GPA Board Chairman Jimmy Allgood. "In every region of Georgia, employers rely on the ports of Savannah and Brunswick to help them become more competitive on the global stage."

To strengthen the Port of Savannah's ability to support the state's future economic growth, the GPA Board approved $66 million in terminal upgrades, including $24 million for the purchase of 10 additional rubber-tired gantry cranes.  

"The authority is committed to building additional capacity ahead of demand to ensure the Port of Savannah remains a trusted link in the supply chain serving Georgia and the Southeast," Lynch said.

The crane purchase will bring the fleet at Garden City Terminal to 156 RTGs. The new cranes will support three new container rows, which the board approved in March. The additional container rows will increase annual capacity at the Port of Savannah by 150,000 TEUs.

The RTGs will work over stacks that are five containers high and six deep, with a truck lane running alongside the stacks. Capable of running on electricity, the cranes will have a lift capacity of 50 metric tons.

The cranes will arrive in two batches of five in the first and second quarters of calendar year 2019.

 Also at Monday's meeting, the GPA Board elected its officers, with Jimmy Allgood as chairman, Will McKnight taking the position of vice chairman and Joel Wooten elected as the next secretary/treasurer.

For more information, visit gaports.com, or contact GPA Senior Director of Corporate Communications Robert Morris at (912) 964-3855 or rmorris@gaports.com.

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