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Warren Buffett Loans $300 Million to Harley-Davidson

Don’t think that Mr. Buffett is lending the American icon the money out of the goodness of his heart, he is receiving a whopping 15 percent on his money, at those rates I can lend Harley some money! CNBC.com Warren Buffett poses on a motorcycle at the Burlington Hathaway annual meeting in May, 2008.  Berkshire’s Geico subsidiary was promoting its motorcycle insurance.

Legends Ride Stops Sturgis Traffic

This is a small sample of the participants in Monday’s annual Legends Ride from Deadwood to Sturgis. Hundreds of bikes thundered through the Black Hills toward Sturgis on Monday afternoon, creating a cacophony not heard in these parts since, well, last year. The sixth annual Legends Ride draws thousands of riders, spectators and celebrities to the historic city of Deadwood, South Dakota each year on a charitable pilgrimage to the Buffalo Chip Campground, and organizers said Monday’s edition was likely the largest ever.

Harley-Davidson Reports Q4 2011 Results

Harley-Davidson reported a 10.9% growth in motorcycle sales in the fourth quarter and a total annual growth of 5.9% for 2011. The growth resulted in a net profit of $599.1 million for Harley-Davidson. The Motor Company sold 235,188 motorcycles in 2011, up from 222,110 units sold in 2010.