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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJill Biden quietly fed lines into President Joe Biden's ears, reminding him of a megadonor's name and telling him to thank them, New York Magazine's Intelligencer reported, citing an unnamed witness to the exchange. Since his disastrous debate performance last week, Biden has tried to reassure Democratic governors, House Democrats, staffers, voters, and donors that he is fit for reelection. But Biden is losing support among some Democratic donors, some of whom have publicly called on him to step aside. Despite mounting pressure to exit the race, Biden told staffers he was "not leaving" during a Wednesday call with his campaign and Democratic National Convention staff, Politico reported, citing anonymous staffers on the call.
Persons: , Jill Biden, Joe Biden's, Biden, blankly, it's, Donald Trump, Millionaire, Abigail Disney, Reed Hastings, Hastings, Whitney Tilson Organizations: Service, New York Magazine's Intelligencer, Democratic, White House, Business, House Democrats, CNN, The New York Times, CNBC, Democratic Party, Trump, New York Times, Times, Democratic National Convention, Politico, ABC Locations: New York
Read previewInvestor Whitney Tilson, a longtime donor to President Joe Biden, says he's reconsidering his support for Biden after his stumbling performance at last week's presidential debate. The former hedge fund manager said Biden must withdraw from the presidential race if his bad performance on Thursday's debate was not a one-off. "If it's as bad as what we all witnessed on Thursday night, then he needs to put his country first and step aside immediately," Tilson wrote. AdvertisementRepresentatives for Biden and Tilson did not immediately respond to requests for comment from BI sent outside regular business hours. Biden's performance on Thursday was riddled with gaffes and stumbles as he sought to make the case for his candidacy against his GOP rival, Trump.
Persons: , Whitney Tilson, Joe Biden, he's, Biden, Tilson, Hillary, Donald Trump, Trump, Wes Moore, … — Whitney Tilson, @WhitneyTilson, Mark Cuban, he'd, I'm, Harris Organizations: Service, Republican, Twitter, Fox, Business, Democratic, Trump, Biden, BI, GOP, Oval
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI learned a lot about areas outside investing from Buffett and Munger: Value Investor Whitney TilsonWhitney Tilson, author, value investor and long-time Charlie Munger follower, joins 'Fast Money' to reflect on the life and legacy of Munger following the investing legend's death at 99.
Persons: Whitney Tilson Whitney Tilson, Charlie Munger Organizations: Buffett Locations: Munger
Several investors mourned the passing of famed investor Charlie Munger, vice chairman of Warren Buffett's Berkshire Hathaway , on Tuesday. "So sad to hear the news of the passing of Charlie Munger," El-Erian wrote. Mario Gabelli, chairman and CEO of Connecticut-based GAMCO Investors, wrote on Twitter: "Charlie Munger ….a titan has passed …all will miss Charlie." "Charlie Munger helped build an American institution, and through his wisdom and insights, inspired a generation of leaders. "Charlie Munger was a brilliant attorney," Annandale Capital chairman George Seay said Tuesday evening on Yahoo Finance.
Persons: Charlie Munger, Warren Buffett's Berkshire Hathaway, Berkshire Hathaway, Buffett, Munger, Ariel Investments, Charles Bobrinskoy, Mohamed El, PIMCO, Erian, Mario Gabelli, Charlie Munger …, Charlie, Tim Cook, Cook, Stephanie Link, Hightower, Whitney Tilson, Tilson, George Seay, Wesley Chan, Chan, , Christina Cheddar Berk, Brian Evans, Alex Harring Organizations: Warren, Allianz, Twitter, Apple, Berkshire, Hightower Advisors, Berkshire Hathaway, CNBC, Yahoo Finance, Daily, Costco Locations: Munger, Connecticut, Berkshire, American, California, Annandale, FPV
(AP) — Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died at a California hospital. Berkshire Hathaway said in a statement that Munger’s family told the company that he died Tuesday morning at the hospital just over a month before his 100th birthday. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said in a statement. Munger and Buffett began buying Berkshire Hathaway shares in 1962 for $7 and $8 per share, and they took control of the New England textile mill in 1965. He also gave a significant portion of his Berkshire stock to his eight children after his wife died in 2010.
Persons: Charlie Munger, Warren Buffett, Berkshire Hathaway, ” Buffett, Munger, Buffett, “ Charlie, Buffett’s, Ben Graham, ” Munger, ” Edward Jones, Jim Shanahan, Cathy Seifert, ” Seifert, didn’t, Charles T, See’s Candy, it’s, , Investor Whitney Tilson, Tilson, you’ve, ” Tilson, hadn’t, Josh Funk Organizations: Daily Journal Corp, Wall Street Journal, CNBC, Columbia University, Berkshire Hathaway, BNSF, Apple, CFRA, Buffett, Buffalo News, Wesco, Investor, University of Michigan, Army Air Corps, Harvard University, Harvard, Westlake, Stanford University Law School, Huntington Library, Samaritan Hospital, Westlake School, Costco Wholesale Corp Locations: OMAHA, Neb, Berkshire, California, New England, Los Angeles, Pasadena, Munger, Omaha , Nebraska, Omaha, Southern California, ,
Feb 26 (Reuters) - Billionaire hedge fund manager Bill Ackman has pledged $3.25 million to help buy more than a dozen ambulances for Ukraine as it defends itself against Russia's invasion, according to a fellow investor who cited a conversation with him. "I had breakfast with my college buddy Bill Ackman this morning, walked him through the attached slide deck I put together about my ambulances-for-Ukraine mission, and on the spot he agreed to donate $3.25 million," Tilson wrote in the email, dated Feb. 25. Ackman's hedge fund Pershing Square Capital Management oversees roughly $16 billion in assets. Tilson has been leading an effort to buy ambulances for Ukraine that will be operated by humanitarian aid group MOAS (Migrant Offshore Aid Station), which is based in Malta. Ackman, whose great-grandfather emigrated to the United States from Ukraine, has an estimated net worth of $3.5 billion, according to Forbes.
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