Mindblown: a blog about philosophy.

Warren Buffett is making a change. The 96-year-old billionaire investor, who is worth $144.7 billion, shared news with his shareholders on Friday, September 18 that he stepped down from his role as chairman of Berkshire Hathaway after more than five decades. “Father Time always wins,” he wrote in a letter to shareholders. “He has, however,…

Since taking over the role of Chairman of the Federal Reserve in May, Kevin Warsh has been adamant that he would deliver price stability. In the meantime, inflation has continued to climb higher, moving further away from the Fed’s goal of 2% annualized price increases. In his third Federal Open Market Committee (FOMC) meeting as…

Warren Buffett, 96, will step down as chairman of Berkshire Hathaway’s board, effective immediately, Berkshire said Friday. “Father Time always wins,” Warren Buffett wrote in a letter to shareholders. “He has, however, been generous with me. He has given me the opportunity to see Berkshire reach a point where I am more confident than ever…

Warren Buffett is stepping down as chairman of Berkshire Hathaway, the sprawling conglomerate worth $1 trillion that he has led since 1965. The 96-year-old legendary investor announced the move in a letter to shareholders Friday. Buffett will become chairman emeritus, effective immediately, while remaining a director on the board, the company said in a separate…

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Billionaire investor Warren Buffett has officially stepped down as chairman of Berkshire Hathaway—marking the end of an extraordinary era for the 96-year-old businessman, whose approach to real estate has long been almost as unconventional as his investing career. Berkshire Hathaway announced on Sept. 18 that Buffett has been named chairman emeritus, effective immediately, while his…

Since taking over the role of Chairman of the Federal Reserve in May, Kevin Warsh has been adamant that he would deliver price stability. In the meantime, inflation has continued to climb higher, moving further away from the Fed’s goal of 2% annualized price increases. In his third Federal Open Market Committee (FOMC) meeting as…

Four pipeline giants kept paying investors through the 2020 energy crash without skipping a beat, and they are doing something structurally different from most high-yield stocks that explains why the income holds when oil prices collapse. Midstream energy is the cyclical income lane that keeps quietly working. Pipeline, processing, and export operators earn fee-based cash…

The firm’s crypto selling also included Bitmine Immersion Technologies, Circle Internet Group, Coinbase Global and Bullish. CoreWeave was the biggest reversal, with ARK selling 64,923 shares on Monday before buying 239,083 shares across ARKK and ARKW on Thursday. ARK also trimmed large technology and biotech holdings including Palantir, Shopify, Tempus AI, Amazon, AMD and 10x…

Choosing between claiming Social Security at 62 or waiting until 70 can create a wide gap in your monthly income. Starting early gives you more years of payments, while delaying may increase the amount of each check. The tradeoff comes down to how long you expect to collect benefits and how much income you need…