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☆ Welcome to the Masters, a staple of the billionaire's social calendar
▼ + stars: | 2024-04-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're doing a deep dive into the golf tournament at one of the most exclusive clubs in the world . Mike Ehrmann/Getty ImagesHarvard University alumni, Goldman Sachs partners, Birkin bag owners — those exclusive groups are nothing compared to an Augusta National Golf Course membership. The Masters Tournament, the first of four men's major golf tournaments, kicks off today , write Business Insider's Madeline Berg and Taylor Rains. Since it's almost impossible to check out Augusta National otherwise, the Masters has become a staple of the billionaire's social calendar. Augusta National runs a lottery system for them.

Persons: —, Mike Ehrmann, Goldman Sachs, Birkin, Madeline Berg, Taylor, it's, Cork Gaines, aren't, Joe Ciolli, didn't, Chelsea Jia Feng, Bill Smead, Brad Porter, Elon Musk's, Y, Paul Graham, Alyssa Powell, Larry Ellison, David Ellison, Larry Ellison's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Getty Images Harvard University, Augusta, Waste, bros, Augusta National, Renaissance Technologies, Sigma, Robotics, Amazon Robotics, xAI, Paramount, Oracle, Google, JPMorgan, SpaceX Locations: Augusta, swag, Chelsea, D.E, Shaw's Valence, New York, London

☆ She Dreams of Pink Planets and Alien Dinosaurs
▼ + stars: | 2024-04-10 | by ( Becky Ferreira | ) www.nytimes.com time to read: +1 min

Have dinosaurs evolved on other worlds? Could we spot a planet of glowing organisms? What nearby star systems are positioned to observe Earth passing in front of the sun? These are just a few of the questions that Lisa Kaltenegger has joyfully tackled. How much is the diversity of opinion and emotion from people around the search for extraterrestrial life top-of-mind in your research?

Persons: Lisa Kaltenegger, Carl Sagan, Kaltenegger’s, Cornell Organizations: Carl Sagan Institute, Cornell University, Cosmos, New York Times Locations: Austria

☆ A Harvard professor is risking his reputation to search for aliens. Tech tycoons are bankrolling his quest.
▼ + stars: | 2024-04-08 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +26 min

The Harvard professor's research is bankrolled by tech tycoons "pissed off" at academia's dogma. But this boundary-pushing is exactly why he's backed Loeb's research. AdvertisementDesch, the astrophysicist from Arizona University, posted a critique of Loeb's work on arXiv alleging "multiple fatal flaws with the manuscript's arguments." Asked whether he no longer believes in a possible technological origin for the meteor, Loeb said they need to investigate further. As he plans more extravagant expeditions to prove the origin of the interstellar meteor, Loeb likens his critics to crows pecking at the neck of an eagle.

Persons: Avi Loeb, Loeb, —, Steven Desch, they're, Loeb's, they've, Charles Hoskinson, that's, Anibal Martel, Mark Zuckerberg, Stephen Hawking, Lucas Jackson, Oumuamua, Desch, It's, Meech, Hoskinson, Rather, Lane Turner, James Webb, Bill Diamond, Stenzel, AARO, UAPs, Loeb hasn't, Joe Rogan's, Eugene Jhong, Galileo, ", Frank Laukien, Laukien, Charles Alcock, Seth Shostak, Stephen Wolfram, Richard Branson's, Vera, Rubin, Avi Loeb Loeb, what's, Rob McCallum, Mariana Trench, James Cameron, Avi Loeb Hoskinson, spherules, Harvard's Stein Jacobsen, Loeb didn't, Monica Grady, Patricio Gallardo, it's, Diamond, That's Avi, Adam Glanzman Organizations: Harvard, Service, Arizona State University, Netflix, Galileo, Anadolu Agency, Reuters, University of Hawaii, Boston Globe, James Webb Telescope, NASA, SETI Institute, Pew Research Center, Department of Defense, UAP Department of Defense, Jhong, Bruker Corporation, Smithsonian's, for Astrophysics, MIT, Wolfram Research, Harvard University, Survey, US Space Command, Hoskinson, UK's Open University, University of Chicago, Arizona University, U.S . Government, The Washington, Getty, Loeb, Astronomy, Astrophysics Locations: Lexington , Massachusetts, United States, Getty, Loeb's, New York, Cambridge, Massachussetts, UAPs, Colorado, Chile, Papua New Guinea, 2401.09882, IM1

For Love & Money is a weekly Business Insider column answering relationship and money questions. Write to For Love & Money using this Google form. Sincerely,Secure, But Feeling InsecureDear Secure,From the outside looking in, financial anxiety, like all anxiety, can seem absurdly easy to handle. So rather than worry about your husband's apparent financial anxiety, take comfort in your financial security. Write to For Love & Money using this Google form .

Persons: wasn't, —, Avigail Lev, Lev, hasn't, it's, doesn't Organizations: Service, CBT, — Locations: San Francisco

☆ Ditch these 10 common crutch phrases, says Stanford expert—they ‘undermine our competence and intelligence'
▼ + stars: | 2024-04-04 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

But beware, says Stanford University communication expert Matt Abrahams: They can get you into trouble, by negatively impacting the way other people see you. Crutch phrases often include "hedging language" that water down your sentences and make you seem less smart, he says. "[They] can actually undermine our competence and intelligence," Abrahams, a communication consultant and organizational behavior lecturer at the Stanford Graduate School of Business, tells CNBC Make It. "Saying something like, 'So what I hear you saying is,' demonstrates that you've actually really listened to the person. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Matt Abrahams, Abrahams, I'd, you've, Wharton, I've Organizations: Stanford University, Stanford Graduate School of Business, CNBC, Harvard

☆ Mark Zuckerberg's awkwardness may be a power move — here's why
▼ + stars: | 2024-03-31 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Such behavior could be considered a power move and a marker of intelligence for tech CEOs. An awkwardness expert told BI that if you're powerful enough, you don't need to be charismatic. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. For Zuck and men alike, awkwardness is "seen as not only excusable, but laudable." But Plakias doesn't think awkwardness is an individual character trait, but rather something that comes out of social interactions.

Persons: Mark Zuckerberg, —, Zuck, Alex Volkanovski, bopping, Zuckerberg, Alexandra Plakias, Plakias, they're, It's, Ty Tashiro Organizations: Service, UFC, Business, Hamilton College, Oxford University Locations: New York

☆ I reviewed my Yale admissions file to see what the Ivy League school really thought about my application. What I learned surprised me.
▼ + stars: | 2024-03-31 | by ( Brian Zhang | ) www.businessinsider.com time to read: +6 min

I reviewed my Yale admissions file to see what the Ivy League school thought about my application. She wrote those words in my admissions file, a document I finally got my hands on three years after being accepted into Yale University. She screen-shared my admissions file and let me read in silence. I got a behind-the-scenes look into Yale admissions when they read my applicationEach aspect of my application was rated out of nine points. "I teared up reading Essay 1," one reader wrote of my common application essay.

Persons: —, Brian Organizations: Yale, Ivy League, Service, Yale University, Educational

☆ Elon Musk says there could be a 20% chance AI destroys humanity — but we should do it anyway
▼ + stars: | 2024-03-31 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

He estimates there's a 10-20% chance AI could destroy humanity but that we should build it anyway. An AI safety expert told BI that Musk is underestimating the risk of potential catastrophe. AdvertisementElon Musk is pretty sure AI is worth the risk, even if there's a 1-in-5 chance the technology turns against humans. "One of the things I think that's incredibly important for AI safety is to have a maximum sort of truth-seeking and curious AI." Musk said his "ultimate conclusion" regarding the best way to achieve AI safety is to grow the AI in a manner that forces it to be truthful.

Persons: Elon Musk, —, Elon, recalculated, Geoff Hinton, Yamploskiy, Musk, Sam Altman, Hinton Organizations: Service, Cyber Security, University of Louisville, New York Times, Summit, Independent, CNN, Business

☆ Huawei's profit doubled in 2023 as smartphone, autos business picked up
▼ + stars: | 2024-03-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings. The company also attributed the profit gains to revenue growth of 9.6% year-on-year to 704.2 billion yuan ($99.18 billion). Net profit grew by 144.5% year-on-year to 87 billion yuan. Net profit in 2022 fell by 69%, the largest drop on record. ICT remained by far Huawei's biggest revenue driver with 362 billion yuan in revenue in 2023, up 2.3% from a year ago.

Persons: Apple, — CNBC's Arjun Kharpal Organizations: Huawei, Mobile World, 5G, ICT Locations: Barcelona, BEIJING, China, Xiaomi

☆ Meta’s Smart Glasses Are Becoming Artificially Intelligent. We Took Them for a Spin.
▼ + stars: | 2024-03-28 | by ( Brian X. Chen | Mike Isaac | ) www.nytimes.com time to read: +1 min

In a sign that the tech industry keeps getting weirder, Meta soon plans to release a big update that transforms the Ray-Ban Meta, its camera glasses that shoot videos, into a gadget seen only in sci-fi movies. Next month, the glasses will be able to use new artificial intelligence software to see the real world and describe what you’re looking at, similar to the A.I. software, they can be used to scan famous landmarks, translate languages and identify animal breeds and exotic fruits, among other tasks. software, wearers just say, “Hey, Meta,” followed by a prompt, such as “Look and tell me what kind of dog this is.” The A.I. then responds in a computer-generated voice that plays through the glasses’ tiny speakers.

Persons: Meta, Ray, Ban, ”

☆ Mark Zuckerberg's aggressive email to staff lacks the emotional intelligence you need for a business to thrive, psychology experts say
▼ + stars: | 2024-03-28 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

A Meta lawsuit revealed 2016 emails Mark Zuckerberg sent to his employees. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAccording to newly unsealed emails in a lawsuit against Meta, Mark Zuckerberg directed Facebook employees to track encrypted user analytics from Snapchat, a competitor. No niceties," Dr. Ronald Riggio, a professor of leadership and organizational psychology at Claremont McKenna College, told Business Insider.

Persons: Mark Zuckerberg, —, Zuckerberg, Dr, Ronald Riggio, Annie Wright, Wright, curt, Riggio, Zuckerberg's Organizations: Service, Meta, Claremont McKenna College, Boeing

☆ What to know about the AI company Amazon is betting billions on
▼ + stars: | 2024-03-28 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Earlier this week, Amazon said it'd commit a further $2.75 billion to the San Francisco-based company as part of its efforts to get ahead of other Big Tech competitors in the AI arms race. AdvertisementSo, what's the deal behind the company Amazon is betting billions on? Related storiesDuring its early days, Anthropic focused on research, training, and testing efforts to ensure its AI model acted in a way that aligned with human values. Since the initial launch, Anthropic has released a slate of new AI models. Moving forward, Anthropic plans to release more updates to its Claude 3 model family and make its AI more suitable for companies.

Persons: —, Amazon, Claude, OpenAI's ChatGPT, it'd, Anthropic, Dario Amodei, Daniela Amodei, OpenAI, Amodei, Face's, Sam Bankman, what's, Swami Sivasubramanian, Anthropic didn't Organizations: Service, San, Big Tech, Business, New York Times, Google, CNBC Locations: Anthropic, San Francisco

☆ A dog and a bird formed an unlikely friendship. Their separation has infuriated followers
▼ + stars: | 2024-03-27 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +6 min

In the four years since their unlikely bond was posted online, the odd couple has attracted almost two million followers on Instagram and Facebook. But in an emotional video posted online Tuesday, Peggy’s owners, Juliette Wells and Reece Mortensen, announced that the animals had been separated. Wildlife officials worried that others would follow their lead of domesticating wild animals in the hope of profiting online. Followers are being urged to write to their local member of parliament and the director general of the department. Bernard Ashcroft, CEO of Wildlife Rescue Australia, said the law prohibits people from taking wild animals as pets, for good reason.

Persons: Australia CNN —, Peggy, Molly ”, Molly, Juliette Wells, Reece Mortensen, ”, Wells, “, Darryl Jones, Molly didn’t, “ Peggy, Mortensen, DESI, Jones, Australia – “, “ It’s, ” Jones, Bernard Ashcroft Organizations: Australia CNN, Facebook, DES – Department of Science, Department of Science, Griffith University, CNN, Australia –, Wildlife Rescue Locations: Brisbane, Australia, Staffordshire, Australian, crazily

☆ China's Xiaomi will price its Tesla EV rival under $69,400, CEO says ahead of Thursday launch
▼ + stars: | 2024-03-25 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

On Thursday, Xiaomi will officially launch the SU7 electric vehicle and begin taking orders. Xiaomi CEO Lei Jun on Monday teased the price of the Chinese firm's first electric vehicle ahead of its official launch this week. Xiaomi Group President Weibing Lu told CNBC previously that the company is targeting the premium segment of the electric car market. The EV market is in the midst of a price war which was sparked by Tesla at the end of 2022. "Three years ago, I announced that Xiaomi was going to enter the EV market.

Persons: Xiaomi, Lei, Lei Jun, Weibing Lu, Li Auto, Tesla Organizations: Weibo, Xiaomi, CNBC, stoke, EV Locations: Hefei, Anhui Province, China, Xiaomi

☆ These 3 phrases make you sound smarter and more emotionally intelligent, experts say
▼ + stars: | 2024-03-24 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Sounding smart and emotionally intelligent isn't just about the idea you're trying to convey. People often resort to using complex words and phrases to sound more insightful. And if you're trying to make things common, you really have to put them in a way that people can understand," Abrahams told CNBC Make It in January. Next time you talk with someone, try using these three simple expert-endorsed phrases:'Could you tell me more about that?' But emotionally intelligent people are interested in how others feel and what they have to say," the Petrases wrote for Make It last year.

Persons: Matt Abrahams, Abrahams, shouldn't, Kathy, Ross Petras, you've, John Bowe, Bowe Organizations: Stanford, CNBC Locations: People

☆ '3 Body Problem' hasn't been renewed for season 2 yet, but Netflix has plenty more material to draw from — here's what we know
▼ + stars: | 2024-03-24 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Here's everything that we know about a potential season two of "3 Body Problem." But Woo said at the SXSW Film & TV Festival in March that they had already begun working on a second season. What would '3 Body Problem' season 2 be about? Here's where we'll really get into some spoiler territory, both for the ending of season one of "3 Body Problem" and book spoilers that might also be potential season two spoilers. "3 Body Problem" is now streaming on Netflix.

Persons: —, Liu Cixin's, Ye Wenjie, David Benioff, Weiss, Alexander Woo, they're, Benedict Wong, Ed Miller, Woo, we've, Liam Cunningham, showrunners, Benioff, Nothing's, haven't, Jess Hong, Jin Cheng, Jovan Adepo, Saul Durand, Eiza, Auggie Salazar, Wade, Clarence Shi, Marlo Kelly, Tatiana, Saamer Usmani, Raj Varma, Alex Sharp, Will Downing, we'll, Saul, Luo Ji, who's, Luo, Yu, Tseng, Maria Heras Organizations: Service, Netflix, Business, SXSW, TV Festival, Collider, United Nations Locations: China, United Kingdom

☆ Consumers frustrated by the economy might never get the relief they're ultimately hoping for
▼ + stars: | 2024-03-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at why the economy has most consumers feeling like they are stuck in place . A "trapped in place" economy is in full swing. Bad buying conditions coupled with everyday high prices means consumers can't make any major life changes , writes Business Insider's Emily Stewart. But it's not the only area of the economy that's stuck, Emily writes. So, while consumers lament being stuck in place, they should also avoid getting stuck looking to the past.

Persons: —, Rebecca Zisser, Emily Stewart, it's, Emily, gunning, It's, Jerome Powell's, Tyler Le, Steve Mnuchin, Brian Moynihan, Instagram, Jensen Huang, Chelsea Jia Feng, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Business, Tech, Federal, Wall Street, Investors, Blackstone, JPMorgan, MLB, Bank of America, mojo, Nvidia, Astera Labs, NASDAQ Locations: It's, Chelsea, New York, London

☆ Here's our fourth-quarter earnings report card for 31 stocks in the portfolio
▼ + stars: | 2024-03-19 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

Please note, that Abbott Laboratories is not listed below as we did not own the name before the company's earnings release. Meta Platforms had one of the best earnings reports of the entire season, as sales, earnings, and cash flow trounced expectations. Despite missing earnings expectations, Coterra Energy delivered where it matters most: discretionary and free cash flow. Honeywell 's earnings results weren't great, with sales missing across the board and segment profit results coming up mixed. Given the stock's reaction, one might wonder why we don't think the earnings results from Palo Alto Networks were flat-out ugly.

Persons: we've, Eaton, Eli Lilly, Mounjaro, Bausch, Estee Lauder, Fabrizio Freda's, Linde, shouldn't, Morgan Stanley, Procter & Gamble, Stanley Black, Decker, We're, Wells Fargo, Nikesh Arora, Palo, they've, Locker, Jim Cramer's, Jim Cramer, Jim, Satya Nadella, Nadella, SeongJoon Cho Organizations: Abbott Laboratories, Wall, GE Healthcare, Meta, Microsoft, Investors, Nvidia, Wynn Resorts, Pharmaceuticals, Broadcom, Coterra Energy, Disney, Federal Deposit Insurance Corporation, Procter &, TJX, Google Services, Constellation Brands, Costco Wholesale, Costco, DuPont, Honeywell, Palo Alto Networks, Palo Alto, Management, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, Ford, China, Macao, Las Vegas, Boston, Wells Fargo underdelivered, Seoul

☆ Swarms of drones are a rising threat to the US homeland, and law enforcement isn't ready
▼ + stars: | 2024-03-17 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

RAND focused on various ways that terrorists inside the US could wreak havoc with drone swarms. Current technology allows unmanned aircraft to be employed in what RAND terms "surrogate swarm technology," in which formations are only loosely coordinated. James Newsome/US ArmyNations such as America and China are busy developing military drone swarms. Such technology is becoming available to the public: the FAA has already allowed limited use of drone swarms to spray crops. Thus the question isn't if intelligent drone swarms become a domestic security threat, but when.

Persons: —, What's, Alfred Hitchcock's, James Newsome, Daniel Gerstein, Gerstein, isn't, Michael Peck Organizations: Service, RAND Corp, Business, RAND's Homeland, Analysis, Department of Homeland Security, RAND, Kremlin, 11th Armored Cavalry Regiment, Threat Systems Management Office, US Army Nations, FAA, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Afghanistan, Ukraine, Russia, America, China, North Carolina, Forbes

☆ Xpeng to launch cheaper EV brand amid fierce China price competition
▼ + stars: | 2024-03-17 | by ( ) www.cnbc.com time to read: +1 min

Chinese electric-vehicle maker Xpeng announced plans to launch a cheaper brand, entering a highly competitive segment amid an intense price competition in the EV industry. Competition in China's EV market has intensified as companies race to cut prices, with market leader BYD spearheading a deeper round of price reductions. Xpeng said it will successively introduce models under the brand, which it did not name, each with different levels of intelligent driving capabilities. The new brand is dedicated to creating "the first AI-assisted driving car for young people," it said. Sales of battery-powered EVs in China slowed to 18.2% in the first two months of the year from 20.8% for all of 2023, according to the China Passenger Car Association.

Persons: Xiaopeng, BYD, Xpeng Organizations: Xpeng, EV, China Passenger Car Association Locations: Beijing, China

☆ Vertical farming: This GigaFarm in Dubai’s desert could produce 3 million kilograms of food
▼ + stars: | 2024-03-14 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +9 min

CNN —In 2022, Dubai unveiled the world’s largest vertical farm. Intelligent Growth Solutions (IGS)“Not just another vertical farm”GigaFarm’s vertical farming solution is supplied by IGS, a Scottish company founded in 2013. “This is not just another vertical farm, this is something completely different,” says Lloyd, adding that the recycling model could be applied to any urban area. And it’s not just the UAE that’s interested in vertical farming: Qatar is investing heavily in smart farming, and agritech companies are expanding into Saudi Arabia. However, it will take another decade before we see widespread adoption of vertical farming, and more research is required to increase the number of crops that can be grown, Sharma adds.

Persons: Dubai’s Al, it’s, Oliver Christof, “, Andrew Lloyd, you’ve, ”, Lloyd, AeroFarms, Lloyd —, It’s, ReFarm, Rohit Sharma, Sharma Organizations: CNN, Dubai’s Al Maktoum International Airport, UAE, UN, IGS, University of Wollongong Locations: Dubai, Dubai’s, Dubai’s Al Maktoum, Tech, Scottish, Abu Dhabi, UAE, Ukraine, Russia, Carrefour, Qatar, Saudi Arabia, East, Africa

☆ NASA’s Europa Clipper mission will carry a poem and millions of names to ocean moon
▼ + stars: | 2024-03-12 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —When NASA’s Europa Clipper aims to launch on its highly anticipated mission to an icy moon in October, the spacecraft will carry a unique design etched with names, poetry and artwork symbolizing humanity. This latest mission is headed to Jupiter’s moon Europa, one of several lunar ocean worlds considered to be the best places to search for life beyond Earth. NASA/JPL-CaltechA planetary legacyEarly NASA probes such as Pioneer 10 and Voyager have continued to inspire the artwork that travels aboard other planetary science missions. “The content and design of Europa Clipper’s vault plate are swimming with meaning,” said Lori Glaze, director of NASA’s Planetary Science Division, in a statement. “We’ve packed a lot of thought and inspiration into this plate design, as we have into this mission itself,” said Robert Pappalardo, project scientist at JPL, in a statement.

Persons: Ada Limón, Ron Greeley, Drake, Frank Drake, ”, Lori Glaze, Robert Pappalardo, “ It’s Organizations: CNN, Clipper, Parker, Probe, National Oceanic, Atmospheric Administration, Jet Propulsion Laboratory, ”, US, Arizona State University, University of California, NASA, JPL, Caltech, Planetary Science, Europa Clipper Locations: Pasadena , California, Europa, University of California Santa Cruz

☆ Opinion | Israel Has No Choice but to Fight On
▼ + stars: | 2024-03-12 | by ( Bret Stephens | ) www.nytimes.com time to read: 1 min

On Saturday, President Biden warned that Benjamin Netanyahu’s approach to the war in Gaza was “hurting Israel more than helping Israel.” The Israeli prime minister replied the next day that Biden was “wrong.” The rift between the two leaders means that Israel risks losing its most important pillar of military and diplomatic support. I’ve argued that Israel has no choice but to destroy Hamas as an effective fighting force. Thousands of Gazan civilians, many of them children, have now been killed, bombed in their homes or out of them. Now they face a humanitarian catastrophe in the form of medicine and food shortages, even starvation. But I blame Hamas, not Israel, for the devastation.

Persons: Biden, Benjamin Netanyahu’s, ”, I’ve Organizations: Hamas Locations: Gaza, Israel

☆ Warren Buffett calls margin of safety the cornerstone of investment success. Here's what it means
▼ + stars: | 2024-03-10 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Warren Buffett has always said the foundation of a sound investment is to have a so-called margin of safety. "We insist on a margin of safety in our purchase price," Buffett said in his annual letter to shareholders as long ago as 1992. We believe this margin-of-safety principle, so strongly emphasized by Ben Graham , to be the cornerstone of investment success." Buffett believes that how large a margin of safety one needs boils down to one thing: how well one understands the business. "If you understood a business perfectly — the future of a business — you would need very little in the way of a margin of safety," Buffett said in 1997.

Persons: Warren Buffett, Buffett, we're, Ben Graham, Graham, Berkshire Hathaway Organizations: Oracle, Columbia University, Investor, Berkshire Locations: Omaha

☆ The breathtaking scope of Sam Altman's future AI empire
▼ + stars: | 2024-03-07 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +9 min

If Sam Altman is to achieve his dream of artificial general intelligence in his lifetime, that number will need to double or triple every year for the foreseeable future. These wide-ranging plans for global transformation go far beyond Altman's role as the CEO of generative AI behemoth OpenAI, developer of ChatGPT. EnergyThe first pillar of Altman's grand unified theory of the future rests on energy. Headlining the event was company chairman and investor Sam Altman, who appeared via video call projected on a towered cineplex. And Altman's AGI empire extends beyond just the energy and raw material required to build AGI.

Persons: Sam Altman, he's, Altman, it's, Max, Jack, Sam himself, Sam, David Kirtley, Helion, He's, Joe Betts Lacroix, Lacroix, where's, Joe Biden, Tade Oyerinde, Oyerinde, Ali Ghodsi, Ghodsi Organizations: Nvidia, Business, Elon, Altman, OpenAI, Energy, Bloomberg, Concorde, Wall Street, Retro Biosciences, Capitol, PAC Locations: Silicon Valley, OpenAI, Davos, New York, Redmond , Washington, Washington

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