Warren Buffett's 14 Financial Rules of Thumb:
Source: The Investing for Beginners Podcast @IFB_podcast
Former President Donald Trump just called for Nancy Pelosi to be prosecuted for insider trading, citing her recent sale of Visa $V shares right before the DOJ lawsuit. 👀
“Nancy Pelosi has a little problem because her husband sold their Visa stock – they had a lot of Visa stock – one day before it was announced that Visa is being sued by the Department of Justice,” the GOP nominee said during a press conference at Trump Tower in New York. The former House speaker’s husband, Paul Pelosi, unloaded 2,000 shares of Visa stock worth between $500,000 and $1 million on July 1, financial disclosures show. On Tuesday, less than three months after the massive transaction, Visa was hit with a DOJ lawsuit alleging that the company illegally monopolized the debit card market. “Think of that. Nancy Pelosi sold vast amounts of Visa stock one day before the big lawsuit that we all read about a few days ago,” he said. “You think it was luck? I don’t.” “She should be prosecuted,” Trump declared. “Nancy Pelosi should be prosecuted for that.” Source: NY Post
A headline from 1966.
Some school teachers are now protesting against the use of AI... Human being always struggle with innovation. Source: Jon Erlichman on X
#concentration
Source: The Investing for Beginners Podcast
Amazing. The top 0.01% has grown their wealth about six times faster than the bottom 50% since 1976. 💰
Source: Markets & Mayhem, Bloomberg
Trust in most US institutions has withered, according to this polling data from Gallup
Source: Markets & Mayhem, Bloomberg
Top Donor Contributions to Donald Trump & Kamala Harris as of September 2024.
Google & Microsoft very disproportionately donate to the Democratic Party. Between them, they control close to 100% of web browsers and search. Any bias? Source: @TheRabbitHole84
Anthropic, OpenAI’s largest startup competitor, has started talking to investors about raising capital in a deal that could value the startup at $30 billion to $40 billion
roughly doubling its valuation from a funding that closed early this year, according to an existing investor who spoke to company leaders. Source: www.theinformation.com https://lnkd.in/eQ9ZKAFC
