Hints and tips:
...The two famed investors did not meet until 1959, even though they had grown up in the same city; Munger notably worked at the Buffett & Son grocery store as a teenager in the 1930s....
...Berkshire has generated compounded annual returns of nearly 20 per cent, twice the rate of the benchmark S&P 500 stock index, since 1965....
...Additional reporting by Alex Rogers in Washington and Joanna S Kao in Des Moines...
...Oxy reckons its expertise in enhanced oil recovery — in which carbon dioxide is injected into the earth to release more oil — will give it a leg-up as the world scrambles to find ways to store carbon back...
...In 2022, F1’s media rights revenue increased to $936mn....
...“There are some signs of gradual weakening of labour demand,” said Eric Winograd, an economist at AllianceBernstein....
...Here, Bespoke Investment Group charts sentiment by the S&P 500’s distance from its 50-day moving average....
...That means the industry must redouble its efforts on technology to capture and store carbon, he argues — but only the top manufacturers are taking a lead on this....
...Here’s a great piece by Bloomberg’s Eric Balchunas on SPDR’s genesis: One particular section of Chapter 3 caught Bloom’s attention....
...French wage increases were on average lower than elsewhere in the EU, said Eric Dor, director of economic studies at the IÉSEG School of Management....
...“Watching a trusted system fail us has made me more thoughtful about where we store our funds,” she says. Data visualisation by Chris Campbell...
...Web3’s “radically democratic” horizontality constitutes a potential third way....
...Additional reporting by Joe Rennison and Eric Platt in New York...
...The rules, which Spiegel said have “upended” the industry, require apps on Apple’s App Store to get explicit permission from users to track them for advertising purposes....
...I managed to locate the convenience store where I was sent to buy sandwiches and cigarettes for our work gang....
...Tech tools — Nebia Quattro Nebia, the water-saving showerhead company backed by Apple’s Tim Cook and former Google chief Eric Schmidt, announced a more affordable version this week....
...Why the S&P is rising fast is less clear....
...Eric Rosengren, the Boston president, had significant investments in mortgage real estate investment trusts....
...“Data is a bit like crude oil in that it’s ubiquitous and cheap to acquire and store. It’s more about how smart the analytics are.”...
...It was another era, though, when the coveted demographic of women aged 18-to-34 were still seeking inspiration in magazines and shopping in-store....
...The benchmark S&P 500 closed 1.6 per cent lower on Monday, with roughly nine of every 10 stocks in the index down on the day. The technology-heavy Nasdaq Composite declined 1.7 per cent....
...Century 21’s flagship at the World Trade Center has been a destination for tourists and local bargain hunters for decades....
...The impact-resistant glass that’s been required since 1992’s Hurricane Andrew largely protects buildings from extreme winds....
...Founder Eric Yuan’s worth grew from $4bn to $18bn. Most popular phrase of the year?: “You’re on mute!”....
...Additional reporting by Eric Platt in New York...
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