Hints and tips:
...Warren Buffett has warned Berkshire Hathaway shareholders that his sprawling $905bn conglomerate has virtually “no possibility of eye-popping performance” in the years ahead, laying bare the challenges that...
...Munger is best known as Warren Buffett’s curmudgeonly sidekick. The Oracle of Omaha himself has never been shy to attribute the success of Berkshire Hathaway to Munger’s wisdom and acumen....
...Utilities have long been dependable motors of Warren Buffett’s Berkshire Hathaway conglomerate, turning out steady profits at rates of return approved by regulators....
...It was the power of Charlie’s mind. He expanded my horizons.”...
...“Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things.”...
...Diminished power The impact of the war with Russia, an economic downturn and new government powers have significantly cut down the wealth and influence of Ukraine’s oligarchs, according to this FT deep dive...
...The group now generates more than half its revenues in the US, said chair and co-founder Sir Alan Parker, who sold part of his stake in 2021 to BDT Capital Partners, a US fund run by Warren Buffett’s banker...
...The company said major layout changes would not be necessary, but some extra equipment such as cleaning machinery and for mask production would be needed....
...Abel also spoke about Berkshire Hathaway Energy’s planned $70bn of projects in the next decade as the group shifts to renewable power sources including wind and solar....
...The writer is a former investment banker and author of “Power Failure: The Rise and Fall of an American Icon” It’s been a rough year for private equity firms....
...A Paramount deal, if he is able to pull it off, would launch him into the upper echelon of power players in Hollywood....
...Dominion will be left to focus on its state-regulated electric utilities at a time when US power consumption is growing, sparked by factors including the shift to battery vehicles....
...The genius of Warren Buffett and Charlie Munger is very great and proven by their historical record....
...Warren Buffett offered a full-throated defence of share buybacks in his annual letter to Berkshire Hathaway shareholders on Saturday, saying stock purchases by Berkshire and the dozens of publicly traded...
...The energy businesses within Berkshire’s utility division reported a 17 per cent jump in revenues, boosted by higher power costs....
...“It is not at all clear that Merck is doing anything other than extending its monopoly power over the drug,” Warren said....
...State utility Electricity Vietnam has declared a “national electricity-saving movement”, asking for government and household austerity and for businesses to limit heavy machinery usage during peak hours...
...Perhaps more importantly, there are some signs of wage growth rising, as workers reclaim lost purchasing power....
...The last chance to have lunch with 91-year-old billionaire Warren Buffett sold at an eBay auction for $19mn on Friday night, after 43 bids....
...Berkshire sells TSMC Sometime in the third quarter last year, Warren Buffett’s Berkshire Hathaway took a $4bn stake in TSMC, the Taiwanese contract chipmaker....
...In 1983, he founded Aristotle Inc, a technology consultancy that sold voter data to political campaigns....
...Three former Apple veterans say they were floored by how much power they had in negotiations. “It can really make you an asshole,” one says....
...The action is one of the biggest tests yet for FTC chair Lina Khan, who has vowed to crack down on Big Tech’s market power....
...Earlier this year Charlie turned his ire towards a phenomenon his partner Warren Buffett has frequently praised....
...But his ousting from New York’s most elite institutions have dented his power in the west nonetheless, Bloomberg reports....
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