Warren Buffett says valuing a business isn’t as simple as having one or two formulas—mainly because you don’t know the variables. The most important thing is future interest rates, which are unknown. Munger expands on his fishing analogy, saying that a good fisherman can find more fish in China.
The battery start-up might reach its ambitions sooner than expected.
While the energy sector has gotten off to a hot start this year, opportunities in master limited partnerships (MLP) stick out from the crowd.
“I don’t have a financial adviser because no one‘s going to take $25,000.”
Intel was hit with more bad news that has enormous implications for investors.
Energy Transfer has a huge 8% yield, but you'd be better off with this still massive, 7.3%-yielding alternative.
Apple has been Berkshire's top stock for nearly a decade.
Sternlicht moved his real estate company Starwood Capital Group to Miami in 2018, but he says a lot more companies want to “move down” and can’t.
The Oracle of Omaha has purchased shares of his favorite stock for 23 consecutive quarters.
Jeff Bezos amassed his wealth through Amazon stocks and owns hundreds of millions of dollars worth of real estate, but one of his most valuable possessions may surprise you: art. Among his collection is the renowned piece "Hurting the Word Radio #2 (1964)" by Ed Ruscha, purchased by Bezos for almost $53 million. This artwork, a prime example of Ruscha’s text-based paintings, stands as a signature piece in Bezos’ collection. As concerns over stock market volatility persist, the world’s wealthiest
AI startup Anthropic is changing its policies to allow minors to use its generative AI systems -- in certain circumstances, at least. Announced in a post on the company's official blog Friday, Anthropic will begin letting teens and preteens use third-party apps (but not its own apps, necessarily) powered by its AI models so long as the developers of those apps implement specific safety features and disclose to users which Anthropic technologies they're leveraging. In a support article, Anthropic lists several safety measures devs creating AI-powered apps for minors should include, like age verification systems, content moderation and filtering and educational resources on "safe and responsible" AI use for minors.