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☆ 'Diworsification' and lifelong learning: 3 quotes from Charlie Munger that will make you a better investor
▼ + stars: | 2023-11-29 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Billionaire and investing legend Charlie Munger died on Tuesday at the age of 99. "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation," Buffett said in a statement. Munger was already a wealthy man by the time he joined Buffett at Berkshire Hathaway, and went on to grow his fortune to an estimated $2.3 billion by early 2023. : Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger." Buffett and Munger both got rich making concentrated investments in individual companies, and Munger, in particular, scoffed at financial professionals who spread their bets across an array of names.

Persons: Charlie Munger, Berkshire Hathaway, Warren Buffett's, Buffett, Munger, it's Organizations: Berkshire, Oracle, Berkshire Hathaway, University of Southern California Law, Daily Journal Corporation Locations: Omaha, Munger, Berkshire

☆ Premarket stocks: Charlie Munger’s best quotes on investing, life and everything in between
▼ + stars: | 2023-11-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +5 min

New York CNN —Billionaire investor Charlie Munger, vice-chairman of Berkshire Hathaway and long-time friend to Warren Buffett, died on Tuesday. He said ‘if all you have is a hammer, the world looks like a nail.’”Munger, who was worth $2.7 billion according to Forbes, was revered for his pithy and often humorous remarks on investing, life and more. His speeches and writings, compiled in books like “Poor Charlie’s Almanack,” are considered essential reading for anyone interested in business, investing or the art of clear thinking. It looked to me like a kindergarten.” - Berkshire Hathaway meeting, 2018On algorithmic trading:“We have computers with algorithms trading against other computers. Look at it backward.” - Poor Charlie’s AlmanackOn passion:“You’ll do better if you have passion for something in which you have aptitude.

Persons: Charlie Munger, Berkshire Hathaway, Warren Buffett, Munger, ” Whitney Tilson, Buffett, “, ” Munger, Tilson, ”, We’ve, stockbrokers, they’ve, it’s, I’m, Tao, David Clarkhis Organizations: CNN Business, Bell, New York CNN, Berkshire, Forbes, Google, Berkshire Hathaway, USC, Kiplinger, “, Invest, Berkshire Hathaway’s Locations: New York, ”, Berkshire

☆ Charlie Munger was still picking and holding winners into his 90s. Here are some of his favorites
▼ + stars: | 2023-11-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +7 min

BYD is so much ahead of Tesla, it's almost ridiculous ," Munger said in February. Except for that, it is a perfect damn company, and it has a marvelous future," Munger said earlier this year. Even though 2023 has been marked by the strong performance of major tech stocks, Costco has proven to be a big winner with a gain of nearly 30%. Except for that, it is a perfect damn company, and it has a marvelous future," Munger said earlier this year. Even though 2023 has been marked by the strong performance of major tech stocks, Costco has proven to be a big winner with a gain of nearly 30%.

Persons: Charlie Munger's, Munger's, Warren Buffett, Munger, Berkshire Hathaway, Hathaway, Elon Musk, Tesla, Costco Wholesale . Munger, It's, Banks, Charlie, Charlie Munger Charlie Munger's, Charlie Munger’s, Charlie Munger, Lacy O'Toole, CNBC Charlie Munger's, Elon Musk's Tesla Organizations: Berkshire Hathaway, Daily Journal Corp, Berkshire, BYD, Daily, Costco, Costco Wholesale ., Bank of America, U.S . Bancorp, DJ, Berkshire Hathaway Inc, CNBC Locations: Berkshire, China, Tesla, BYD, America, Wells Fargo, California

(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, “, ”

☆ Berkshire Hathaway vice chairman Charlie Munger dies at 99
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +12 min

Nov 28 (Reuters) - Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway (BRKa.N), died on Tuesday morning at a California hospital. For stock-pickers like us to lose Charlie Munger, would be like if you’re a basketball fan and you lose Bill Russell. "I wouldn't think Berkshire will look much different, apart from Buffett no longer being able to share ideas with Munger. CATHERINE SEIFERT, VICE-PRESIDENT, CFRA RESEARCH, NEW YORK“Berkshire Hathaway shareholders are not going to be directly or negatively impacted from the passing of Charlie Munger. Therewass already a transition plan in place and there's a transition plan in place when Warren Buffett passes away.

Persons: Charlie Munger, Warren Buffett, Charlie, WHITNEY TILSON, BRIAN MOYNIHAN, Charlie Mungerwass, ” BURNS MCKINNEY, Bill Russell, ”, Berkshire Hathaway, ” PHIL ORLANDO, FEDERATED HERMES, BILL, Buffett, Munger, PHILLIP, —, STEVE SOSNICK, “, ” WIN MURRAY, DIAMOND, MARY JO, BILL SMEAD, Warren, ” “ Buffett, Todd Combs, Ted Weschler, ” PAUL LOUNTZIS, Greg Abel, I've, you'll, STEPHEN DODSON, hewass, ” PAUL NOLTE, FOR MURPHY, Warren Buffet, they've, QUINCY KROSBY, RICK MECKLER, CHERRY, NEW VERNON, Hewass, obviouslywass, DOUG KASS, ” THOMAS RUSSO, GARDNER RUSSO, QUINN, CATHERINE SEIFERT, he's, ” ANTHONY SAGLIMBENE, THOMAS HAYES Organizations: Berkshire Hathaway, COOK, APPLE, WHO, KASE, OF, FEDERATED, Berkshire, ” WIN, THE BRETTON, SAN, SYLVEST, NEW, Buffett, GREAT, Global Finance, Markets, Thomson Locations: California, Munger, Berkshire, American, DALLAS , TEXAS, GLENVIEW, CALIFORNIA, CONNECTICUT, DIAMOND HILL, COLUMBUS , OHIO, PHOENIX, ” “ Berkshire, , PENNSYLVANIA, ELMHURST, IL, CHARLOTTE, NC, CHERRY LANE, NEW JERSEY, LANCASTER , PENNSYLVANIA, Munger . Berkshire, TROY , MICHIGAN, GREAT HILL

☆ Charlie Munger's sharp wit turned Berkshire meetings into uproarious affairs. Here's a sample
▼ + stars: | 2023-11-28 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: 1 min

Munger, who died Tuesday at the age of 99, leaves behind not just an illustrious career as an investor but also a string of jokes and stories that entertained Berkshire Hathaway watchers for decades. Many of the quotes below come from annual meetings of Berkshire Hathaway and are chronicled in CNBC's Warren Buffett archive. Those events — sometimes called "Woodstock for Capitalists" — allowed Berkshire shareholders to ask Buffett and Munger questions about the company. They also gave the investing titans a chance to share wisdom and jokes, often at their own expense. Here's a collection of some of Munger's funniest quotes and life advice, starting with his musings on aging and the proper goals for your own funeral.

Persons: Charlie Munger, Munger, Berkshire Hathaway, CNBC's Warren Buffett, —, Buffett Organizations: Berkshire Locations: Woodstock

NEW YORK (AP) — Tim Dorsey, a former police and courts newspaper reporter who found lasting fame as the creator of the crime-comedy novel series starring Serge A. Storms, an energetic fan of Florida history and an ingenious serial killer, has died. Dorsey, who published 26 novels, died Sunday, according to Danielle Bartlett, a publicity director at William Morrow, an imprint of HarperCollins. Fans of Dorsey appreciated his clever observations and satirical pokes at the weirdness of Florida. He was part of a trio of former newspapermen from Florida — including Dave Barry and Carl Hiaasen — who found a rich vein of absurdist humor in the state. “It was a privilege and honor to work with Tim Dorsey.

Persons: — Tim Dorsey, Serge A, Dorsey, Danielle Bartlett, William Morrow, Dave Barry, Carl Hiaasen —, Tim Dorsey, Serge, Storms, Emily Krump, Coleman, Florida grifters, ”, “, ’ ”, Bruce DeSilva, Kurt Vonnegut, hasn’t, ” Dorsey, ___ Mark Kennedy Organizations: HarperCollins, Maltese, Torino, The Associated Press, “, Auburn University, The Alabama, The Tampa Tribune Locations: Florida, Tabasco, Indiana, Tribune’s Tallahassee

☆ Charlie Munger, the 'Oracle of Pasadena' who was Buffett's second-in-command
▼ + stars: | 2023-11-28 | by ( Jonathan Stempel | ) www.reuters.com time to read: +8 min

Berkshire Hathaway Vice Chair Charlie Munger arrives to begin the company's annual meeting in Omaha May 4, 2013. EXPANDING BUFFETT'S HORIZONSMunger and Buffett did differ politically, with Munger being a Republican and Buffett a Democrat. Like Buffett, Munger was a fan of the famed economist Benjamin Graham. ORACLE OF PASADENAFans dubbed Buffett the "Oracle of Omaha," but Munger was held in equal esteem by his own followers, who branded him the "Oracle of Pasadena" after his adopted hometown in California. "I was raised by people who thought it was a moral duty to be as rational as you could possibly make yourself," Munger told Daily Journal shareholders in 2020.

Persons: Charlie Munger, Rick Wilking, Charles Munger, Warren Buffett's, Munger's, Buffett, Munger, Berkshire Hathaway, HORIZONS Munger, Santa Barbara, Warren, Benjamin Graham, Charlie, Ben Graham, Charles T, Kathy Kristof, Buffett's, Ernest . Buffett, Olson, Wheeler, Alice Schroeder, Nancy, Graham, Heinz, Todd Combs, Ted Weschler, Nancy Munger, Jonathan Stempel, Diane Craft, Rosalba O'Brien Organizations: Berkshire Hathaway, REUTERS, Berkshire Hathaway Inc, Munger, CNBC, Buffett, HORIZONS, Republican, University of California, Berkshire, ORACLE, PASADENA, Oracle, Wesco Financial Corp, Daily Journal Corp, Daily, Los Angeles Times, University of Michigan, U.S . Army Air Corps, Harvard Law School, Tolles, Munger &, Omaha Club, BNSF, 3G Capital, Kraft Foods, Reuters, Thomson Locations: Omaha, California, Berkshire, Omaha , Nebraska, Vienna, Santa, Pasadena, Munger, TETE, Los Angeles, New York

☆ The investing world reacts to death of Berkshire legend Charlie Munger
▼ + stars: | 2023-11-28 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

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

☆ Why is medieval art so weird? This new book offers a guide to the era
▼ + stars: | 2023-11-23 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +7 min

CNN —So you want to live like you’re from the Middle Ages? Swarthout is the researcher behind the popular art history-inspired social media account Weird Medieval Guys, which has attracted nearly 700,000 followers on X, formerly Twitter, since she began posting with the handle @WeirdMedieval in April 2022. Swarthout is not a historian, but a recently graduated statistician who took art history during undergrad. Württemberg State Library Stuttgart/Courtesy Penguin Random HouseThere’s a reason why Medieval art is particularly, well, weird. Watch: “Monty Python and the Holy Grail (1975)The classic satire of Arthurian legend mined the Middle Ages for comedic gold decades before Medieval memes were a thing.

Persons: it’s, Olivia M, commonfolk, Guy, —, ” Swarthout, Swarthout, ”, Jonah, tradespeople, Andreas, Monty Python, Jack Hartnell Organizations: CNN, Dark Times, University of Pennsylvania, Twitter, Stuttgart, Xbox Locations: Camelot

☆ We moved from California to Texas and back to California after 4 years. Now we live in a mobile home park by the beach.
▼ + stars: | 2023-11-22 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Dan Otis and Mary Collins moved from California to Texas in 2018 to be closer to family. Otis and Collins moved back to California after four years in Texas and now live in Santa Cruz, California. After four years in Texas, the couple moved back to California and now live in Santa Cruz. Mary moved to California when she was 20, so she's been a Californian longer than a New Yorker. Courtesy of Dan Otis and Mary CollinsBoth California and Texas have their pros and cons.

Persons: Dan Otis, Mary Collins, Otis, Collins, —, Dan, Mary, she's, Mary Collins Dan, Ted Cruz, I'm, it's, We've, we've, It's Organizations: Service, Democratic, Google Locations: California, Texas, Santa Cruz , California, Coarsegold , California, Rosenberg , Texas, Santa Cruz, Bay, Queens, New Yorker, Carmel , California, Lake Tahoe, Coarsegold, Houston, In Texas, Boston, New Mexico, Reno , Nevada, Nevada, Reno, Mary, Mary Collins Both California

There's a history of Christmas pudding charms, to be hidden within the holiday treat. And there's an angel made of beads by an artisan in the Woza Moya collective of South Africa. The photographer behind the Instagram account Brown Girls Do Ballet has put together a celebratory essay in images of just that. More than 1,100 color images included in this broad overview, Glaser’s wit ever-present. Includes rarely seen images and recollections from Salt-N-Pepa, Public Enemy, Run-D.M.C., Mary J. Blige and more.

Persons: Slim Aarons, Shawn Waldron, Abrams, “, David Trigg, Sam Bilton, Dolph Gotelli, Moya, “ Lena Horne, Donald Bogle, Bogle, TaKiyah Wallace, McMillian, Kailyn Scales, Leventhal, Dutton, Chef Gabriel “, Kim Laidlaw, Guilbeau, Taylor Sheridan, John, Kayce, Beth, Hal Rubenstein, Mary Tyler Moore's, Laura Petrie, Dick Van Dyke, ” Moore, Rubenstein, Dawn Wells, Mary Ann, Molly Adams, Sydney Golden Anderson, Adams, Golden Anderson, “ Thom Browne, ”, Thom Browne, Andrew Bolton, Johnny Dufort, Browne's, Karida L, Brown, Charly Palmer, W.E.B, Du Bois, They've, Langston Hughes, Jenni Nuttall, Mark Seliger, Seliger, Joe Jonas, Sophie Turner, Chadwick, Will Smith, Jada Pinkett Smith, Robert De Niro, ” Abrams, Lindsey Taylor, Taylor, “ Milton Glaser, Steven Heller, Mirko Ilić, Beth Kleber, Glaser, Glaser busied, “ LL, LL Cool, Vikki Tobak, Alec Banks, Mary J, Blige, Peep Ludacris Organizations: Hollywood, Getty Images, Phaidon, Running Press, CBS, HarperCollins, Sydney, Feminist Bird, National Wildlife Federation, Princeton Architectural Press, Families, Chronicle, Exeter College, “, Wall, Rizzoli New Locations: Palm Beach, Rome, tailgaters, Aiken , South Carolina, South Africa, Brooklyn, Louisiana, Bolton, New York, Rizzoli New York

☆ ‘Murder’s Easy. We Did Something Much Worse.’
▼ + stars: | 2023-11-19 | by ( Sarah Weinman | ) www.nytimes.com time to read: 1 min

There’s a mordant theme to this month’s column; in three of the four books, dark humor undercuts despair and sardonic wit compensates for failure. Nowhere are these traits more on display than in DEATH OF THE RED RIDER (Pushkin Vertigo, 396 pp., paperback, $16.95), the second appearance of Yulia Yakovleva’s Stalin-era detective, Vasily Zaitsev, who goes about the ordinary business of solving murders while communities around him in 1930s Russia are purged and exiled en masse. This time Zaitsev is dispatched to Novocherkassk, a Soviet cavalry school in the south of Russia, to investigate the horrifying death of a famous rider and his horse midrace. Soon he’s given an assistant he didn’t ask for, Comrade Zoya Sokolova, who arrives with her own agenda. The events — aided by Ruth Ahmedzai Kemp’s nimble translation — unfold slowly, but hold the reader’s attention.

Persons: Pushkin, Yulia Yakovleva’s Stalin, Vasily Zaitsev, he’s, didn’t, Zoya Sokolova, Ruth Ahmedzai Locations: Russia, masse, Novocherkassk, Soviet

☆ The Critics Scoffed. Nora Roberts Just Kept Writing.
▼ + stars: | 2023-11-18 | by ( Lulu Garcia-Navarro | ) www.nytimes.com time to read: +2 min

It’s no exaggeration to say that the writer Nora Roberts has shaped how generations of people, especially women, think about relationships and sex — not to mention, what makes a great story. Before Roberts, the romance genre was dominated by tepid and virginal women who were overpowered by brooding men. As one romance critic told me, “Nora Roberts is the sun” around which the entire genre orbits. I was a teenager when I started sneaking into my older sister’s room to steal her Nora Roberts books. Love in a Nora Roberts book wasn’t about conquest and submission, as it was in most romance novels at the time, but rather about equality and partnership.

Persons: Nora Roberts, Roberts, procedurals, J.D, Robb, “ Nora Roberts, she’s, ” Organizations: New York Times

☆ It was the most significant week in AI since the launch of ChatGPT
▼ + stars: | 2023-11-11 | by ( Samantha Kelly | ) edition.cnn.com time to read: +7 min

Elon Musk announced a sarcastic AI ChatGPT rival called Grok coming to his platform, X, formerly known as Twitter. The company unveiled a series of AI tool updates, including the ability for developers to create custom versions of ChatGPT called GPTs. Humane’s Ai PinHumane introduced its first AI wearable device called the Ai Pin From HumaneHumane, a startup founded by former Apple employees, introduced its first AI wearable device called the Ai Pin, a small blinking gadget that attaches to clothing. The Ai pin, which runs on a Snapdragon processor and boasts a Qualcomm AI engine, is packed with depth and motion sensors, features an ultra-wide camera and a laser ink display. The Ai Pin, which starts at $699, will go on sale in the US on Thursday, November 16.

Persons: OpenAI, Elon Musk, ”, Reece Hayden, Hayden, ” Hayden, Here’s, Sam Altman, Altman, Ai, Arun Chandrasekaran, “, Jaap Arriens, xAI, Douglas Adams, Elon, Grok, Musk, Chandrasekaran, Anna Coobin Organizations: CNN, OpenAI, ABI Research, Fortune, Apple, Qualcomm, Gartner, Twitter, Galaxy, Reuters, Amazon, YouTube Locations: Warsaw, Poland, British

RICHMOND, Va. (AP) — Virginia's state House will soon have its first Black speaker in its more than 400-year history after the chamber's incoming Democratic majority on Saturday chose Del. Scott was unanimously elected speaker-designee by the House Democratic Caucus, the group said in a news release. The full House of Delegates will vote to officially confirm him on the first day of the 2024 legislative session. “Virginia voters sent a resounding message on Tuesday that they wanted a Commonwealth that moved forward and that is exactly what I intend to do as your next Speaker,” Scott said in a statement. House Republicans were expected to vote Sunday.

Persons: Del, Don Scott, Scott, Virginia, ” Scott, Glenn Youngkin, Youngkin, Richmond —, “, We’re, ”, Youngkin's, Breit, designee, Eileen, Todd Gilbert, Charniele Herring, Alexandria, Kathy Tran, Tran, Terry Kilgore, Gilbert Organizations: —, Democratic, House Democratic Caucus, GOP, U.S . Navy, Portsmouth, Virginia Democrats, Navy, Republicans, Youngkin, Virginia voters, Virginia, Republican, ”, Democrats, American, Pacific, Senate Democratic Locations: RICHMOND, Va, Commonwealth, Tuesday's, Virginia, Texas, Fairfax County

☆ Opinion: The Republican debater with only one gear – ‘D’ for ‘dislikeable!’
▼ + stars: | 2023-11-09 | by ( Opinion Todd Graham | ) edition.cnn.com time to read: +9 min

CNN —Whether it was due to a less crowded debate stage or the experienced bench of moderators, the third Republican presidential debate held in Miami on Wednesday night was easily the smoothest debate yet. Usually, his moments of brilliance are –— as Senator Tim Scott would probably understand — sandwich-boarded by acts of self-flagellation. He was flat-out great in justifying our support of Ukraine, a debate Christie can win against anyone. As the resident expert of ‘letting little things get to me,’ I understand Haley’s Mr. Hyde. I wrote after the last debate that Haley makes poor decisions when something (or someone) gets under her skin.

Persons: Todd Graham, he’s, Chris Christie Mandel Ngan, Chris Christie, Christie, —, Tim Scott, Donald Trump, policymaking, Nikki Haley Mandel Ngan, Nikki Haley, Haley’s Dr, Jekyll, I’ve, Haley, Hyde, ’, Haley rehashes, Vivek Ramaswamy, Haley doesn’t, she’s, Ramaswamy, ”, “, Ron DeSantis Joe Raedle, Ron DeSantis, DeSantis, Hugh Hewitt, ” Lawless, Hewitt, Tim Scott Mandel Ngan, Mike Johnson’s, Scott, It’s, valueless, it’s, Vivek Ramaswamy Mandel Ngan, Vivek Ramaswamy’s, I’ll, Haley’s, Jill Biden Organizations: Southern Illinois University, Facebook, Twitter, CNN, Getty, New, MAGA, NBC, South, “ Locations: Miami, AFP, New Jersey, Ukraine, China, Florida, Mexico, South Carolina, United States

☆ Opinion: Who a ‘stalemate’ in Ukraine really benefits
▼ + stars: | 2023-11-08 | by ( Augusta Anthony | Opinion Jade Mcglynn | ) edition.cnn.com time to read: +12 min

CNN —Responses to the recent statements by the commander in chief of the Ukrainian military, Valery Zaluzhny, warning of a stalemate war between Ukraine and Russia, have been varied and revealing. On the other side, skeptics of Western support for Ukraine gloatingly cited the interview as evidence that Ukraine should have capitulated at some imagined earlier opportunity. Ukraine President Volodymyr Zelenskyi meets with the Secretary General of NATO Jens Stoltenberg on September 28, 2023 in Kyiv, Ukraine. It is not Ukraine that is desperate to continue war despite plentiful options to stop the bloodshed — it is Russia. And would there still be ‘fatigue’ in Western capitals if Ukraine had retaken more territories during the summer counteroffensive?

Persons: Jade McGlynn, “, Read, Valery Zaluzhny, Jade McGlynn Jade McGlynn, Zaluzhny, Zaluzhny’s, Volodymyr Zelensky, Igor Zhovka, Ukraine gloatingly, Volodymyr Zelenskyi, NATO Jens Stoltenberg, Yan Dobronosov, Dmitry Peskov, Peskov, Anatolii Stepanov, Washington, ’, Putin, worldviews, Vladimir Putin, Ukrainian Armed Forces Valeriy Zaluzhny, Gleb Garanich Organizations: Center for Strategic, International Studies, CNN, Western, Ukraine, NATO, Ukrainian Air Defence, Kremlin, Ukrainian Armed Forces, Reuters, EU, North Korea — Locations: Putin’s Russia, Ukraine, Russia, frontlines, Kyiv, AFP, North America, West Germany, West, Iran, North Korea, freefall, Europe, Eastern Europe, Korea

☆ Musk to integrate xAI with social media platform X
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

Tesla and SpaceX's CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London, Britain, November 2, 2023. Kirsty Wigglesworth/Pool via REUTERS/File Photo Acquire Licensing RightsNov 5 (Reuters) - Elon Musk's artificial intelligence startup xAI will be integrated into his social media platform X and also be available as a standalone app, he said on Sunday in a post. "Grok has real-time access to info via the X platform, which is a massive advantage over other models," Musk added. X, the social media firm formerly known as Twitter which Musk owns, is separate from xAI, but the companies work closely together. Last week Musk told British Prime Minister Rishi Sunak he thought AI was "the most disruptive force in history."

Persons: Tesla, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, xAI, Grok, Google's, Bard, Microsoft's, Bing, Musk, Urvi, Richard Chang Organizations: British, Elon, Safety, Thomson Locations: London, Britain, Bletchley Park, England, Bengaluru

☆ CNBC Daily Open: Markets enjoyed early frost in October’s jobs report
▼ + stars: | 2023-11-06 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets reboundStocks and bonds in the U.S. rallied in tandem on Friday as markets digested jobs data and rebounded from October lows. [PRO] Surging semiconductor salesThe semiconductor industry was mired in a supply glut for the most of last year. For one, there was a 13% month on month jump in September's semiconductor sales to $46.9 billion.

Persons: nonfarm, That's, Korea's Kospi, Musk's Grok Elon, Grok, Berkshire Hathaway Organizations: CNBC, KPMG, Citi Locations: U.S, Asia, Pacific

☆ CNBC Daily Open: A cool jobs report heats up markets
▼ + stars: | 2023-11-06 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Winning weekStocks and bonds in the U.S. rallied in tandem on Friday as markets digested jobs data and rebounded from October lows. Musk's GrokElon Musk's new AI company, xAI, released Grok, a generative artificial intelligence chatbot similar to ChatGPT. But Buffett's company did register a loss of $24.1 billion in the third quarter because of drops in Apple's shares.

Persons: nonfarm, That's, Grok Elon, Grok, Berkshire Hathaway, Stocks, Piper Sandler Organizations: Los Angeles, CNBC, Siemens, India's Siemens Ltd Locations: Los Angeles , California, U.S

☆ ‘Grok,’ Elon Musk’s AI chatbot with a ‘rebellious’ streak
▼ + stars: | 2023-11-06 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

Elon Musk has announced the introduction of “Grok,” an artificially intelligent chatbot, for some users of X, which the billionaire suggests has a sarcastic sense of humor similar to his own. Musk’s AI startup, xAI, which developed the bot, said in a blogpost that it took inspiration from The Hitchhiker’s Guide to the Galaxy, a comedy sci-fi novel by British author Douglas Adams. Grok “loves sarcasm,” Musk posted on X. Grok is intended to rival ChatGPT, an AI chatbot released to the public by its maker OpenAI last November to much fanfare. Musk has previously expressed concerns about the speed of development of AI, and the technology’s potential to fundamentally change human society for the worse.

Persons: London CNN — Brace, Elon Musk, “, Douglas Adams, Grok, ” Musk, ”, xAI, ChatGPT, Musk, Tommy Robinson Organizations: London CNN, Twitter, Galaxy Locations: British, United States

☆ Elon Musk debuts 'Grok' AI bot to rival ChatGPT, others
▼ + stars: | 2023-11-05 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Meet Grok, the first technology out of Elon Musk's new AI company, xAI. Leading up to the release, Musk posted on X, formerly Twitter, an example of Grok responding to a request for a step-by-step cocaine recipe. Musk, on Sunday, posted a side-by-side comparison of Grok answering a question versus another AI bot, which he said had less current information. Eventually, Musk said on X, Grok will be a feature of X Premium+, which costs $16 per month.

Persons: Elon Musk, Grok, Elon, Musk, I'm, xAI, Robert A . Heinlein, Critics, Webster Organizations: Twitter, Space Locations: Merriam

☆ These 10 portfolio names outperformed the stock market amid the October decline
▼ + stars: | 2023-11-01 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

AMZN YTD mountain Amazon (AMZN) year-to-date performance Shares of Amazon (AMZN) climbed 4.7% throughout October on the company's better-than-expected third-quarter results . PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance Shares of Palo Alto Networks (PANW) rose 3.7% last month. LLY YTD mountain Eli Lilly (LLY) year-to-date performance Eli Lilly (LLY) stock climbed 3.1% in October after a weak September performance. LIN YTD mountain Linde (LIN) year-to-date performance Shares of Linde (LIN) rebounded on the company's stellar quarterly earnings release last week. CTRA YTD mountain Coterra (CTRA) year-to-date performance Coterra Energy (CTRA) notched gains of 1.7% in October.

Persons: Locker, we're, Foot Locker's, Foot Locker, Andy Jassy, Eli Lilly, LLY, Decker, Stanley Black, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Nike, Club, Humana, Microsoft, Big Tech, Amazon, Services, Palo Alto Networks, Alto, Procter & Gamble, Procter, Gamble, LIN, Linde, The, Hamas, CNBC, Traders, New York Stock Exchange Locations: —, Palo, Lilly's, Israel, Palestinian Territories, New York City, U.S

☆ Why some of the 'clean' hydrogen hubs in the U.S. plan to use natural gas, a fossil fuel
▼ + stars: | 2023-10-31 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

The others will use a combination of renewables, nuclear power, and natural gas with carbon capture and storage. Putting federal money behind a program to fight climate change while using natural gas, a fossil fuel, as one of its main ingredients may not seem intuitive. To wit, the Bipartisan Infrastructure Law, where the funding for the hydrogen hubs comes from, specifically required that two of the selected hydrogen hubs be located in natural gas-rich regions. Making hydrogen from natural gas with carbon capture will require additional energy and be more expensive than producing hydrogen from natural gas where the excess carbon emissions just spew into the atmosphere. That is what the U.S. government is trying to change with its hydrogen hubs program and the production tax credit.

Persons: Joe Biden, Elizabeth Flores, Jennifer Granholm, Rachel Fakhry, Fakhry, Jonathan Ernst, Kent, Sean Heinroth, Young's, That's, Heinroth, Tom Oakland, Wisconsin —, They've, Alex Kizer, Kizer Organizations: Cummins, Star Tribune, Getty, Swiss Army, U.S . Department of the Energy, Natural Resources Defense, Energy, Department of Energy, CNBC, Reuters, Infrastructure Law, Ernst, of Energy, North Dakota Department of Commerce, Oakland, EFI Foundation, U.S, Treasury Department Locations: America, Fridley, Minn, United States, U.S, Tioga, Philadelphia , Pennsylvania, Houston, Montana , North Dakota, Minnesota, Wisconsin, Washington

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