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...I’m a bit sceptical, as I noted in yesterday’s letter, but then I’m a journalist. If any non-journalists have thoughts, please send them along: robert.armstrong@ft.com. Does Buffett matter?...
...., March 18, 2024 — The Securities and Exchange Commission today announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false and misleading...
...“Disney is stupid because I’m not trying to fire [chief executive] Bob Iger, I want to help him,” he says, unsolicited. “We don’t fire CEOs.”...
...Yesterday in this space I wrote about Berkshire’s last two decades of share performance, which have mirrored the S&P 500....
...Of course, two years ago US equity investors would have been grateful for the protection of a maximum 15 per cent loss — the S&P 500 finished a fifth lower....
...When it comes to thermal devices, I’m very cautious. Why “melt” facial fat to tighten the face?...
...Partly because it’s been subject to some MainFT scrutiny as a potential M&A candidate recently....
...A new letter to the board, from several official advisers to the body, suggests that fire is still burning....
...Tim Millet, Apple’s vice-president of platform architecture, hailed the combination of M4’s central processing unit, graphics processor and dedicated AI capabilities — which it calls its “neural engine”...
...An estimated $30bn in fire liabilities forced Pacific Gas & Electric — California’s biggest utility — to file for bankruptcy protection in 2019....
...Those who were fully protected managed something just over 30 per cent, outperforming gains from the S&P 500....
...Clifford Chance has hired Chang-Do Gong as a partner in its US M&A practice. He joins from White & Case....
...“I’m a woman over 40, I’m not white, I’m gay, I’m a mother,” she says. “None of these things should prevent me from making music.”...
...I’m not sure what to think about this....
...“I think I’m smarter now than I was a year or two ago, but I also think I’m poorer because I acquired the knowledge in the manner I did,” Buffett said, referring to his understanding of the entertainment...
...Fidelity includes Royal London Short Duration Global Index Linked Fund M Inc in its “Select 50” list of recommended investments, saying: “The loans are made over short periods (under five years usually)...
...“I’m sick and tired of hearing that argument when we know that the right thing to do for our country is to tackle this problem.”...
...And I’m slightly sceptical that anyone else knows how to do it, either. But I’m open to suggestions....
...“I’m writing non-fiction but I’m thinking about music, the sound and timing of the language.”...
...This winter, she held her first solo show at Villa Flor – a hotel in the Engadin village of S-chanf....
...The challenge to Fink’s dual role comes as BlackRock has been under fire from multiple directions over its use of environmental, social and governance factors in investing....
...“There is definitely demand in this area,” Mongolia’s minister of labour and social protection, Khurelbaatar Bulgantuya told me....
...S&G’s premises opened less than a year ago; construction is still in progress for an outdoor lounge complete with mural and fire pit....
...I had marvellous friends — Leon, Lucian [Freud], Mike Andrews — full of courage, independence, unself-protection....
...Now I’m closing the loop, replying to his reply. Khosrowshahi makes three points and I’m sympathetic to two of them....
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