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Keyword: charliemunger

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  • Abortion pill investor Warren Buffett created ‘church’ to get women illegal abortions

    12/03/2023 8:05:14 PM PST · by Morgana · 14 replies
    Live Action News ^ | January 11, 2023 | Carole Novielli
    Warren Buffett is a philanthropist whose billions have been funneled to pro-abortion organizations for decades, including many behind the expansion of the abortion pill. While some of this is well-known among pro-lifers, what is less known is that Buffett was also instrumental in creating a “church” as a front for referring women for illegal abortions prior to Roe v. Wade — a “church” that eventually merged into Planned Parenthood Los Angeles. Warren Buffett’s abortion pill philanthropy Warren Buffett’s Susan Thompson Buffett Foundation was among the original investors in Danco Laboratories, the U.S. abortion pill manufacturer. In addition, the Washington Post...
  • Charlie Munger, Warren Buffett's longtime investing partner, dies at 99

    11/28/2023 1:59:19 PM PST · by SeekAndFind · 24 replies
    Yahoo Finance ^ | 11/28/23 | Julia La Roche
    Legendary investor and polymath Charlie Munger, Berkshire Hathaway's vice chairman and Warren Buffett's right-hand man and friend of nearly six decades, died on Tuesday in California, the company announced. He was 99. Together, Buffett and Munger built Berkshire Hathaway (BRK-A, BRK-B) into one of the most successful and long-lasting business partnerships that enthralled millions worldwide. In a statement on Tuesday, Buffett said, "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation." Berkshire, originally a textile manufacturer, has grown into a multinational conglomerate that wholly owns popular brands like Dairy Queen and Fruit...
  • Berkshire's Munger says China right to clip Ma's wings

    07/01/2021 9:06:42 AM PDT · by Dr. Thorne · 14 replies
    Reuters.com via MSN ^ | June 30, 2021 | Reuters
    June 30 (Reuters) - Berkshire Hathaway Inc (BRKa.N) Vice Chairman Charlie Munger praised China's move to impose a sweeping restructuring on Jack Ma’s Ant Group, the fintech giant whose record $37 billion IPO was derailed by regulators in November. The 97-year-old told CNBC in an interview alongside Berkshire CEO and billionaire investor Warren Buffett that the United States should take a leaf out of China's book and "step in preemptively to stop speculation". "I don't want the, all of the Chinese system, but I certainly would like to have the financial part of it in my own country," he said...
  • The Buffalo News and 30 other newspapers have been sold

    01/29/2020 10:18:31 AM PST · by yesthatjallen · 26 replies
    Syracuse.com ^ | 01 29 2020 | Sunny Hernandez
    Founded in 1881, The Buffalo News will have its third owner in its nearly 140-year history, thanks to a sale to Lee Enterprises. Spectrum News reports that the sale, for $140 million in cash, includes the Berkshire Hathaway Media Group publications with print and digital operations of 30 daily newspapers and more than 49 paid weekly publications and 32 other print products. Lee has managed the BH Media Group since the summer of 2018. For The Buffalo News, the sale announced Wednesday morning signals the end of a 40-year ownership by Warren Buffett. Lee Enterprises will be the third owner...
  • Trump Isn't Morally Qualified to Be President, Munger Says

    04/15/2016 6:34:44 AM PDT · by MAD-AS-HELL · 52 replies
    Newsmax.com ^ | 02/16/2016 | Via Bloomberg
    Berkshire Hathaway Inc. Vice Chairman Charles Munger criticized leading candidates from both major U.S. political parties. At a meeting with investors of his Daily Journal Corp. in Los Angeles Wednesday, Munger, 92, was asked whether a person who couldn’t make money in the gaming industry would be a good fit for the top office in the U.S. “Well, he did make money for quite a while,” Munger said of Republican Donald Trump. “My attitude is that anybody who makes money running a casino is not morally qualified.”
  • WARREN BUFFETT: 'I don't see smiles on the faces of people at Whole Foods'

    05/07/2015 4:36:26 AM PDT · by Hojczyk · 80 replies
    Yahoo Finance ^ | May 6,2015 | Rick Wilking/
    Whole Foods shares are getting crushed after earnings. The company reported record second quarter sales that still were below investors' expectations, and shares were down as much as 10% in after hours trade on Wednesday. This past weekend at the Berkshire Hathaway annual shareholders' meeting this past weekend, CEO Warren Buffett singled out the company, saying that that the customers there simply don't seem like a happy bunch. Here's some more color on what Buffett said, according to Time: "Food and beverage companies will adjust to the expressed preferences of consumers. No company does well ignoring its consumers. "It’s amazing...