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“So many more people have credit cards now.”Wise says the main thing to watch for is how strapped consumers are in their overall financial condition. There are signs the consumer may still have a little left in the tank. And speaking of tanks, gas prices have been coming down, a move that will free up a little more money for consumers to spend. And this occurred while consumers repeatedly tell surveys they are feeling gloomy and pessimistic about the state of the economy. The pace of increase in consumer prices has fallen from around 9% annually in the summer of 2022 to under 4% now.

Persons: ”, Donghoon Lee, “, TransUnion, TrasnUnion, Charlie Wise, ” Wise, we’ve, ” Patrick De Haan, De Haan, Lisa Sturtevant, Goldman Sachs, Jan Hatzius, Joseph Brusuelas, Tuan Nyugen Organizations: Federal Reserve Bank of New York, New York Fed, TransUnion, “, MLS, Federal, ” Goldman, Adobe Locations: U.S, California

☆ Forgotten film reels bring Maria Callas' Paris debut to colourful life
▼ + stars: | 2023-11-09 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

LONDON, Nov 9 (Reuters) - A new film "Callas - Paris, 1958" is about to transport audiences back to the night 65 years ago when opera legend Maria Callas for the first time dazzled a Paris audience. Celebrities including Charlie Chaplin, Brigitte Bardot and the Duke and Duchess of Windsor, as well as then French president René Coty attended the three-hour performance at the Paris Opera. It was also broadcast live on television to more than 30 million people, but until film-maker Tom Volf and his team meticulously restored film reels that had lain forgotten, it had only been seen in black and white. He said the work of his team made the film "as vivid as if it was shot last month". It will be released in cinemas in some 40 countries between November and December in celebration of the centenary of Callas' birth.

Persons: Callas, Maria Callas, Charlie Chaplin, Brigitte Bardot, Duke, Duchess of, René Coty, Tom Volf, Volf, Norma, Hanna Rantala, Barbara Lewis Organizations: Paris, Thomson Locations: Paris, Duchess of Windsor, New York

☆ Bill Gates is a 'rational optimist' – and maybe you should be too
▼ + stars: | 2023-11-09 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Bill Gates has found the perfect balance between optimism and pessimism, says Morgan Housel. The Microsoft cofounder also seems to be demonstrating "rational optimism" when it comes to AI. Morgan Housel describes Gates a "rational optimist" in a piece for CNBC, meaning he prepares for any short-term setbacks while maintaining an optimistic outlook for the future. AdvertisementAdvertisementWorrying about having enough cash to pay staff wages is the perfect example of rational optimism, says Housel. The 68-year-old is now applying his rational optimism to AI.

Persons: Bill Gates, Morgan Housel, —, Gates, Housel, Charlie Rose, He's Organizations: Microsoft, Service, CNBC, Bloomberg Locations: Harvard

☆ Far-right hosts are blaming the GOP's big election losses on Taylor Swift
▼ + stars: | 2023-11-09 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Some far-right commentators are blaming Taylor Swift for the GOP's Tuesday election losses. The pop star encouraged her fans to vote, but a GOP strategist warned election losses weren't her fault. AdvertisementAdvertisementFar-right commentators are putting the blame for the GOP's major election losses during Tuesday's races on one celeb: Taylor Swift. He fumed in another all-caps post that "THE CHILDLESS, UNMARRIED ABORTION ARMY MOBILIZED BY BARBIE, TAYLOR SWIFT, AND TIKTOK" was "CRUSHING REPUBLICANS AT THE BALLOT BOX." Kirk continued: "All the Swifties want is swift abortion.

Persons: Taylor Swift, Charlie Kirk, Jack Posobiec, —, Swift, Barbie, Posobiec, TAYLOR SWIFT, Kirk, Mother Mary, Mary, Joe Biden, Andy Beshear's, Donald Trump, Doug Heye, Heye, Swifties, Olivia Julianna Organizations: Service, BARBIE, Republican Party, Democratic Gov, Republican White, Washington Examiner Locations: Colorado , Kentucky, Maine , Mississippi , New Jersey , New York , Ohio, Pennsylvania, Texas, Virginia, Tennessee, Kentucky, Virginia's, Ohio, America

☆ When a Dancer’s Moves Include a Wheelchair
▼ + stars: | 2023-11-09 | by ( Charlie Brinkhurst-Cuff | More About Charlie Brinkhurst-Cuff | ) www.nytimes.com time to read: +1 min

After Ms. Hill’s accident, it was with The Breaker Girls that she danced again for the first time. Her father, she said, gathered wheelchairs from around Northern California and brought them to a studio with her able-bodied dance team. But for a long time after the accident, Ms. Hill was in denial about her injury. Becoming a person with a disability, and understanding herself as such, radicalized Ms. Hill, she said. Until her accident, as a white, middle-class, able-bodied young woman, she had not really understood or recognized the fights for equality and disability rights.

Persons: ”, Carina Bernier, Hill’s, Ms, Hill, “ Locations: Northern California

☆ Average credit card balances top $6,000, a 10-year high, as delinquencies rise
▼ + stars: | 2023-11-09 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Americans now owe $1.08 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Credit card rates spiked more than 5% with the Federal Reserve's recent string of 11 rate hikes, including four in 2023. As the federal funds rate rose, the prime rate did, as well, and credit card rates followed suit. "Americans are addicted to credit cards, no question," said Howard Dvorkin, a certified public accountant and the chairman of Debt.com. How to tackle costly credit card debt

Persons: TransUnion, Charlie Wise, Wise, Greg McBride, Howard Dvorkin, Debt.com Organizations: Federal Reserve Bank of New, New York Fed, TransUnion, Federal, Finance, Bankrate, Debt.com Locations: Federal Reserve Bank of New York, TransUnion

☆ Spanish Socialists and Catalan Junts reach deal for government support, amnesty
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +5 min

A law granting amnesty to those prosecuted over Catalonia's attempt to secede from Spain was included in the deal, political leaders said and the deal text showed. The agreement included Junts lending its votes in parliament to support legislation for a full four-year term, he said. But Junts, which seeks another independence referendum, said supporting each law would depend on progress in talks involving Catalonia's political conflict. As a deal between Junts and the Socialists edged nearer in the past week, the mood in the country has become increasingly febrile, with protesters clashing with police outside the Socialists' headquarters in Madrid. An amnesty could exculpate as many as 1,400 activists and politicians involved in the attempt to separate Catalonia from Spain.

Persons: Junts, Feijoo, Puigdemont, Pedro Sanchez, Santos Cerdan, Alberto Nunez Feijoo, Sanchez, Carles Puigdemont, Jaume Clotet, Belen Carreno, Joan Faus, Graham Keeley, Aislinn Laing, Charlie Devereux, Alison Williams, Toby Chopra, Bernadette Baum, Sharon Singleton, Alex Richardson Organizations: Companies Spain's Socialists, Conservative, Socialist Party, PSOE, Socialist, Socialists, Police, People's Party, Spanish Socialist Workers ' Party, Basque Nationalist Party, Thomson Locations: Catalan, Madrid, MADRID, Spain, Brussels, Junts, Catalonia, Belgium, Waterloo

☆ The New York Times got its content removed from one of the biggest AI training datasets. Here's how it did it.
▼ + stars: | 2023-11-08 | by ( Alistair Barr | Kali Hays | ) www.businessinsider.com time to read: +4 min

The New York Times discovered a big AI training dataset contained links to its copyrighted content. The media company also found its content in other AI training datasets, such as WebText. The New York Times discovered that Common Crawl, one of the largest AI training datasets, contained millions of URLs linking to its paywalled articles and other copyrighted content. The New York Times has found its paywalled articles and other copyrighted content in other popular AI training datasets. It's unclear if The New York Times has managed to get its content removed from WebText and other AI training datasets.

Persons: —, OpenAI's, Google's Infiniset, Charlie Stadtlander, Masterclass, Kelly, GAI Organizations: New York Times, Service, The New York Times, Foundation, US, Amazon, Yorker, The Times Locations: Originality.ai

☆ Barbra Streisand Is Ready to Tell All. Pull Up a Seat.
▼ + stars: | 2023-11-07 | by ( Wesley Morris | More About Wesley Morris | ) www.nytimes.com time to read: +4 min

Rick Kot, an executive editor at Viking who oversaw production on the book, told me, “Publishing books in two volumes is difficult just as a commercial venture. Nor does it inspire the “five takeaways” treatment that juicy new memoirs by Britney Spears and Jada Pinkett Smith have. These are my thoughts.” She also considered those other Streisand titles, the ones by other people. Sydney Chaplin (one of Charlie’s kids) played the original Nick Arnstein during her “Funny Girl” Broadway run; they shared a flirtation that Chaplin wanted to consummate and that Streisand wanted to keep professional. It’s that Barbra Streisand endured a parade of harsh workplaces yet never stopped trying to make the best work.

Persons: Rick Kot, “, She’s, you’ve, Britney Spears, Jada Pinkett Smith, Streisand, Christine Pittel, hemming, hawing, ”, there’s, Sydney Chaplin, Nick Arnstein, Chaplin, Elliott Gould, Dolly, Walter Matthau, Gene Kelly, Matthau, she’s, Brando, Pierre Trudeau, Jon Peters, It’s, Barbra Streisand Organizations: Viking, “ Publishing

☆ The No. 1 'hidden' skill behind billionaire Bill Gates' success, says psychology expert—it works 'in any field'
▼ + stars: | 2023-11-07 | by ( Morgan Housel | ) www.cnbc.com time to read: +2 min

NEW YORK, NEW YORK - SEPTEMBER 21: Bill Gates, Founder of Breakthrough Energy and Co-Chair of the Bill & Melinda Gates Foundation, speaks onstage at The New York Times Climate Forward Summit 2023 at The Times Center on September 21, 2023 in New York City. Optimism and pessimism are hard to deal with. Optimism and pessimism seem like conflicting mindsets, so it's more common for people to prefer one or the other. Successful people find a balance between pessimism and optimismBill Gates is a great example of how effective this hidden skill is. What Gates seems to get is that you can only be an optimism in the long run if you're pessimistic enough to survive the short run.

Persons: Bill Gates, Melinda Gates, Charlie Rose, Warren Buffett's, Gates Organizations: NEW, Breakthrough Energy, Melinda Gates Foundation, The New York, Climate, The Times Center, Microsoft Locations: New York City

☆ A 'once-in-a-generation' market opportunity thanks to some unfamiliar names
▼ + stars: | 2023-11-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at why the market might be on the cusp of a once-in-a-generation investing moment (but not with the names you're familiar with). The big storyUnder the radarA trader looks at market charts on the floor of the New York Stock Exchange on January 18, 2023. Angela Weiss/AFP/Getty ImagesWhen it comes to the stock market, the real value is in the crumbs. AdvertisementAdvertisementThe former chief investment strategist at Merrill Lynch views the chance to get in on less-glamorous stocks as a "once-in-a-generation" opportunity. The end of the AI market boon.

Persons: —, Stanley, Angela Weiss, Richard Bernstein, Merrill Lynch, Insider's Jennifer Sor, Bernstein, Jennifer, Brendan McDermid, Fundstrat's Tom Lee, Charlie Munger, Warren Buffett's, Munger, there's, Berkshire Hathaway, Bill Smead, Smead, Kendrick Lamar's, Rishi Sunak, Linda Yaccarino, Hitler, Elon Musk, carles miro, Getty, Tyler Le, Gen Zers, Zers, Donald Trump, OpenAI, OpenAI DevDay, Adolphe Sax, Martha Stewart, Lexie Moreland, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, New York Stock Exchange, Getty, Bank of America, REUTERS, Elon, AI, Trump, Trump Organization, OpenAI Locations: Victoria, New York City, San Diego, London, New York

☆ One options trader is making a big bet Disney will pop 10% on earnings this week
▼ + stars: | 2023-11-06 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

We'll touch on Berkshire Hathaway's weekend report, review some interesting companies reporting in the week ahead and then analyze a curious call spread in Disney ahead of earnings. Our thinking, and the options sentiment suggested, that earnings might be the catalyst for a turnaround. It seems at least one institutional options trader thinks that earnings might be the catalyst for an upside move in the name. With Disney trading around $85 a share, apparently someone is willing to bet a small percentage of the current stock price that the stock could pop well over 10% post-earnings — something that hasn't happened since their August 2022 earnings release. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Warren, Warren Buffett, Charlie Munger, Berkshire Hathaway Organizations: Berkshire, MGM Resorts, Warner Bros Discovery, Disney, ESPN, DIS Locations: Disney, Berkshire

NEW YORK (AP) — Two-way star Shohei Ohtani was among seven players who received $20,325,000 qualifying offers from their former teams Monday as the free agent market opened for 168 players. In a sign of the relative weakness of the free agent class, half as many players received qualifying offers as last year. Qualifying offers began after the 2012 season, and 10 of 124 offers have been accepted. The Braves declined options on outfielder Eddie Rosario ($9 million) and right-handers Collin McHugh ($6 million) and Kirby Yates ($5.75 million). Miami declined options on right-handers Johnny Cueto ($10.5 million) and Matt Barnes ($9 million).

Persons: Shohei Ohtani, Cody Bellinger, Josh Hader, Blake Snell, Aaron Nola, Sonny Gray, Matt Chapman, Eduardo Rodriguez, Jordan Montgomery, Snell, Gray, Yoshinobu Yamamoto, Milwaukee's Colin Rea, Charlie Morton, Eddie Rosario, Collin McHugh, Kirby Yates, Rosario, Yates, Mark Canha’s, Blake Holub, Michael Wacha, Johnny Cueto, Matt Barnes, Cueto, Barnes, Alex Cobb, Brooks Raley, Blake Treinen, Javier Báez, Michael Conforto, Ross Stripling, Josh Bell, Drew Smyly, Báez, Conforto, Bell, Stripling, Adam Ottavino, ___ Organizations: Los Angeles Angels, Chicago Cubs, Qualifying, Braves, Milwaukee Brewers, San, Miami, Mets, Los Angeles Dodgers, Tigers, Giants, Cubs, Detroit, Cleveland, Marlins Locations: San Diego, Philadelphia, Minnesota, Toronto, Nola, Atlanta, Detroit, Blake Holub . Milwaukee, San Francisco, Miami

☆ Gen Z is the most financially savvy generation
▼ + stars: | 2023-11-06 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +12 min

AdvertisementAdvertisementIn a May survey from the CFA Institute, a global trade association for investment advisors, more than half of Gen Z respondents said they were already investing, and 82% of American Gen Z investors said they began investing before they turned 21. And while there are plenty of pitfalls and missteps that could plague young people along the way, Gen Z is shaping up to be the most financially savvy generation yet. The estimated $60 billion wipeout caused many Gen Z investors to lose big. AdvertisementAdvertisementWhile Gen Z may not always be drawn to the safest investment choices, it's certainly getting some hands-on learning. In many respects, Gen Z is coming of age at a good time, graduating into a booming job market with strong wage growth.

Persons: Gen, Gen Zers, Gen Xers, Zers, It's, —, they'd, stashing, Gen Z, Erin Lowry, Z, there's Venmo, Lowry, Charlie Pastor, finfluencers, Pastor, Taylor Price, Price, it's, I'm, Eve Upton, Clark Organizations: CFA Institute, Federal Reserve's Survey, Consumer Finances, Transamerica Center, Retirement Studies, PayPal, YouTube, CFA, IRA, Interactive, UK Royal Mint, Barclays Smart Investor Locations: Canada, Chipotle, BlackRock

☆ Warren Buffett keeps selling BYD. Why some analysts still say it’s a buy
▼ + stars: | 2023-11-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

That's up nearly 50% from where BYD shares closed Friday. In its latest offloading of BYD, Berkshire had sold its shares for an average of 245.86 Hong Kong dollars, according to a filing with the Hong Kong stock exchange . Top brand in China BYD is the top brand that consumers in China consider when buying an electric car, Bernstein analysts said in a Nov. 1 report. First-time car buyers and current owners of traditional Chinese, Korean and U.S. brands are more drawn to buy a BYD car next, the Bernstein analysis found. Jefferies on Oct. 31 raised its price target on BYD to 331 Hong Kong dollars, while reiterating a buy rating.

Persons: Warren, Berkshire Hathaway, BYD, Paul Gong, Gong, Buffett, Wang Chuanfu, Tesla, Bernstein, Jefferies, Charlie Munger, Munger, Elon, — CNBC's Michael Bloom, Alex Crippen Organizations: UBS Global Research, UBS, Hong, CNBC, Tesla Locations: China, Hong Kong, BYD , Berkshire, Berkshire, U.S, Southeast Asia, Europe, Buffett's

☆ Urban golf courses are making housing more expensive and parks harder to access — and taxpayers are footing the bill
▼ + stars: | 2023-11-05 | by ( Eliza Relman | ) www.businessinsider.com time to read: +11 min

Many states subsidize golf courses with low property taxes, so non-golfers are footing the bill. David Madison/Getty ImagesUrban golf courses also cost taxpayers — even those who don't play — a lot of money. Proponents of retrofitting courses note that reducing the number of golf courses would help boost revenue for courses that do survive. "But then on the flip side, we have these public golf courses that are just these almost vacuous spaces that are quite underutilized." He noted that projects that just involve turning golf courses into parks are often most palatable to neighbors.

Persons: —, they'd, Franciscans who'd, Zach Klein, VDERHLrowD, David Madison, it's, Malcolm Gladwell, Scottie Scheffler, Richard Heathcote, Mitchell Reardon, htpq6Uqx8q — Cork Gaines, Ray Delahanty, Jennifer Keesmaat, Keesmaat, Don, RENE JOHNSTON, Charlie McCabe, he's, Former California Assemblymember Cristina Garcia, McCabe, Reardon Organizations: Urban, Service, Franciscans, Olympic, Getty, Los Angeles Country Club, United, 123rd U.S, YouTube, Center, City, Trust, Public, Denver, Council, Democrat Locations: Presidio, U.S, San Francisco , California, California, San Francisco's, Golden, Beverly Hills, United States, Los Angeles , California, Cities, Florida, Toronto, haven't, Don Valley, Toronto , Ontario, New Orleans, Former California, Los Angeles County

☆ A value fund manager who's beaten 99% of his peers in the last three years explains how he avoids bad investments — and makes the case for 3 stocks he loves heading into 2024
▼ + stars: | 2023-11-05 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The 31-year market veteran has achieved enviable results since the start of 2005 while running the BNY Mellon Dynamic Value Fund (DAGVX) alongside co-manager Brian Ferguson. How to invest — and common mistakes to avoidLike all value fund managers, Bailer refuses to overpay for stocks — regardless of how enticing their businesses look. "It's a philosophy that's based on looking for stocks with great valuations, but not stopping with great valuations," Bailer said. Companies in the BNY Mellon Dynamic Value Fund must have both quality fundamentals and improving business momentum, Bailer said. The six largest stocks in the BNY Mellon Dynamic Value Fund were in one of two sectors, as of September 30: financials and healthcare.

Persons: John Bailer, Brian Ferguson, it's, Bailer, we've, headwinds, they've, he's, Warren Buffett, Berkshire Hathaway, Buffett, Charlie Munger Organizations: Value Fund, Companies, Value, Firms, Berkshire, JPMorgan Locations: Berkshire

☆ Berkshire Hathaway posts 40% surge in operating earnings and record cash
▼ + stars: | 2023-11-04 | by ( Krystal Hur | ) edition.cnn.com time to read: +3 min

New York CNN —Warren Buffett’s Berkshire Hathaway on Saturday reported a surge in third-quarter operating earnings and record-high cash pile of $157 billion in the period. Berkshire reported a net loss of $12.8 billion, compared to a loss of $2.8 billion during the same period last year. Berkshire bought back about $1.1 billion in stock during the third quarter, bringing the nine-month total to approximately $7 billion in stock repurchases so far this year. “It was like having God just opening a chest and just pouring money into it,” Charlie Munger, vice chair of Berkshire Hathaway, said of the investments in an interview with the Acquired podcast released in October. Berkshire Hathaway Class A shares are up 13.9% for the year as of Friday’s close, underperforming the benchmark S&P 500.

Persons: New York CNN — Warren, Berkshire Hathaway, Buffett, ” Buffett, Charlie Munger Organizations: New, New York CNN, Berkshire, Fitch, AAA, CNBC, Treasury, Federal Reserve, Berkshire Hathaway Locations: New York, Berkshire, Omaha , Nebraska

☆ Warren Buffett's Berkshire Hathaway reveals record $157 billion cash pile as the investor hunts in vain for bargains
▼ + stars: | 2023-11-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

His company Berkshire Hathaway sold over $5 billion of stocks on a net basis, its earnings show. Berkshire's cash pile grew to a record $157 billion, surpassing Disney's market capitalization. AdvertisementAdvertisementWarren Buffett's Berkshire Hathaway grew its cash pile by 7% to an astounding $157 billion last quarter, smashing the conglomerate's previous record of $149 billion in late 2021. They poured a record $68 billion into stocks last year, or $34 billion on a net basis. Their total cash and cash equivalents fell by 21% to $26 billion between January and September, while their short-term Treasury pile swelled by 36% to $126 billion.

Persons: Warren Buffett, Berkshire Hathaway, —, Warren, Buffett, . Buffett, Charlie Munger Organizations: Berkshire, Service, Disney, Travel Centers, BNSF Railway, Berkshire Hathaway Energy Locations: Alleghany, Berkshire

☆ Charlie Munger reflects on one investment Warren Buffett passed up — Costco
▼ + stars: | 2023-11-04 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Warren Buffett and his longtime business partner Charlie Munger almost never butt heads, but there has been one rare area of disagreement between the two investment legends. Costco has grown from less than $5 a share in the early 1980s to more than $560 a share today. 'Shoot me first' As Munger's obsession over Costco grew stronger over the years, Buffett learned to make lighthearted jokes about it. "Charlie said, 'I would like to give, once more, my speech on the virtues of Costco — with illustrations.' I kind of used them up between Costco and Apple," Buffett once said.

Persons: Warren Buffett, Charlie Munger, Munger, —, Buffett, James Sinegal's, Berkshire Hathaway, didn't, Warren wouldn't, Warren doesn't, Sears Roebuck, It's, Buffett's, he's, Charlie Organizations: Costco Wholesale Corp, Oracle, Price Club, Costco, Berkshire, BNSF, Apple Locations: Omaha, America, Berkshire

☆ ‘Charlie Chaplin vs. America’ Review: How the Tramp Was Trampled
▼ + stars: | 2023-11-03 | by ( Jeremy Mccarter | Scott Eyman | ) www.wsj.com time to read: +1 min

Charlie Chaplin in a scene from the film ‘The Great Dictator’ (1940). A little tramp in a battered bowler hat picks it up and starts waving it, trying to catch the driver’s attention. Grab a Copy Charlie Chaplin vs. America: When Art, Sex, and Politics Collided By Scott Eyman Simon & Schuster 432 pages We may earn a commission when you buy products through the links on our site. Buy Book Amazon Barnes & Noble Books a Million BookshopThis scene, from “Modern Times” (1936), turned out to have a grimly prophetic quality for Charlie Chaplin, the actor in the hat. After docking in Cherbourg, France, Chaplin declared that he had no political convictions beyond being an individualist who believed in liberty.

Persons: Charlie Chaplin, ’, Scott Eyman Simon, Schuster, Barnes, Chaplin’s, Chaplin, ”, “ Organizations: Politics, Noble, “ Locations: England, U.S, Cherbourg, France

☆ Charlie Munger Will Take Your Questions Now
▼ + stars: | 2023-11-03 | by ( Karen Langley | ) www.wsj.com time to read: 1 min

Charlie Munger still isn’t afraid to call it like he sees it. The Berkshire Hathaway vice chairman and longtime business partner of Warren Buffett spent two hours on a recent morning chatting with this Wall Street Journal reporter in his home in Los Angeles. Seated in his library, the 99-year-old Munger mused on everything from index funds and cryptocurrency to how investing has changed.

Persons: Charlie Munger, Warren Buffett, Munger Organizations: Berkshire Hathaway Locations: Los Angeles

Matt LeBlanc as Joey Tribbiani, Matthew Perry as Chandler Bing, Jennifer Aniston as Rachel Green and Courteney Cox as Monica Geller on NBC's "Friends." A spokesperson for Warner Bros., which owns the show's distribution rights, declined to verify or comment on the residual payments. What may happen to Perry's 'Friends' residualsWhen an actor passes away, residual payments are considered the actor's personal property. The Screen Actors Guild-American Federation of Television and Radio Artists has contracts in which its members can list beneficiaries for residual payments upon death. Charity may have figured into Perry's estate

Persons: Matt LeBlanc, Joey Tribbiani, Matthew Perry, Chandler Bing, Jennifer Aniston, Rachel Green, Courteney Cox, Monica Geller, NBC's, ", Perry's, Charlie Douglas, Perry, Franklin, Douglas, there's, Tasha Dickinson, Pitney, David Johnston, Keith Morrison, David Oh Organizations: NBC, Getty, Warner Bros, CNBC, HH, Investments, American Federation of Television, Radio Artists, Finance, Wealth, Arta Finance Locations: California, Atlanta, Arta

☆ Charlie Munger riffs on bitcoin, the woes of stock picking, and this simple habit behind his billionaire status in a new interview. Here are the 8 best quotes.
▼ + stars: | 2023-11-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The 99-year old Vice Chairman of Berkshire Hathaway riffed on bitcoin and revealed the simple habit behind his billionaire status. AdvertisementAdvertisementCharlie Munger, the 99-year old vice chairman of Berkshire Hathaway, sat down with The Wall Street Journal for a new interview this week. Munger, who has an estimated net worth of nearly $3 billion, riffed on everything from bitcoin to the woes of stock picking, and revealed the simple habit behind his billionaire status. Munger is an investor worth listening to given his storied career work alongside Warren Buffett, and the incredible success of Berkshire Hathaway. On stock picking"I think fewer and fewer people are really needed in stock picking.

Persons: Charlie Munger, Berkshire Hathaway riffed, —, Berkshire Hathaway, Munger, Warren Buffett, Buffett, that's, I'm, …, They've Organizations: Berkshire, Service, Wall Street, Venture, Microsoft Locations: United States, England

☆ 2 prominent conservative judges have quashed an investigation into their former clerk — and friend of Clarence Thomas — for texting 'I hate black people'
▼ + stars: | 2023-11-03 | by ( Jack Newsham | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementThe federal courts have spiked an investigation into racist text messages sent by a conservative activist-turned-law clerk who got jobs working alongside two federal judges with the full-throated support of Clarence Thomas . She also landed clerkships with two federal judges — Judge Corey Maze, a federal district judge in Alabama, and Judge William Pryor, an influential appellate judge. Last year, a federal judicial panel ordered that an investigation take place into whether Clanton actually sent the texts. After finishing law school, Clanton clerked for Maze, a federal judge in Anniston, Alabama from 2022 to 2023. Judge Debra Livington, the Second Circuit's chief judge, wrote in 2022 that Judges Pryor and Maze simply concluded that the New Yorker's reporting wasn't true.

Persons: Crystal Clanton, Clarence Thomas, —, Charlie Kirk's, Donald Trump's, Clanton, Clarence, Ginni Thomas, Corey Maze, William Pryor, Pryor, Maze, William Hodes, Clarence Thomas's, Mediaite, George Mason University's Antonin Scalia, Thomas, Pryor didn't, Jane Mayer, Judge Pryor, clerkships, Debra Livington, she'd, Charlie Kirk, Gabby Fe, Jack Newsham Organizations: Service, Fox News, New Yorker, Washington Post, Starbucks, George Mason University's Antonin Scalia Law School, Atlanta, Circuit, Appeals, Media, Second Circuit, Judicial, Judicial Conference, Yorker Locations: Alabama, America, Anniston , Alabama, New York

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