Mindblown: a blog about philosophy.
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80% of mutual funds show 25%+ wealth loss in 10 years due to commissions: Report
Hidden commissions in regular mutual fund plans can significantly erode long-term investor wealth, with most investors losing more than a quarter of their potential gains over a decade, according to a new study by 1 Finance Research. The report found that over a 10-year holding period, more than 80% of equity mutual fund schemes delivered at…
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Berkshire Hathaway hikes salary of CEO Greg Abel, Warren Buffett’s successor, to $25M
January 6, 2026 at 7:01 PM An image collage containing 2 images, Image 1 shows Berkshire Vice Chairman Greg Abel and a shareholder smiling, Image 2 shows Jazwares CEO Judd Zebersky and Warren Buffett with a Squish Pillow at the Berkshire Hathaway 2025 Annual Shareholders Festival Berkshire Hathaway said Tuesday it raised the salary of new Chief…
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Meet Greg Abel, the new boss of Berkshire Hathaway—Warren Buffett’s successor started out by selling empty soda bottles for 5 cents and now he’s a billionaire CEO
For years, people had pressed hedge fund mogul Warren Buffett on who would take over Berkshire Hathaway as he geared up to step down. Rumors swirled, but 63-year-old veteran businessman Greg Abel was ultimately named his successor in 2025. The boomer billionaire has now assumed the throne of the $1 trillion company—but his journey to…
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The Federal Reserve’s 2026 personnel shake-up
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Asian shares trade mixed after Wall Street hits records on tech gains
TOKYO (AP) — Asian shares traded mixed Wednesday, calming somewhat from the buzz set off by recent record rallies on Wall Street, while investors’ attention turned to global interest rates and uncertainty caused by developments in Venezuela. Despite a broad rally on Wall Street, Japan’s Nikkei 225 lost 0.9% to 52,041.97 and South Korea’s Kospi…
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Dow Jones gains nearly 1,500 points in three sessions as record start to 2026 continues
Benchmark indices on Wall Street continued their strong start to the new year with another day of gains. All three sessions so far in the year have seen the indices notch significant gains led by participation across the board. The Dow Jones gained nearly 500 points to close above the record 49,000 mark for the…
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How to buy gold and silver through mutual funds?
Mutual funds offer an easy way to tap into gold and silver without owning them physically. From ETFs and fund-of-funds that track bullion to multi-asset allocation funds blending metals with equities and debt, here’s how you can invest, what to watch out for, and the tax rules that apply. HOW CAN INVESTORS BET ON GOLD…
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3 Stocks Greg Abel, Warren Buffett's Successor, May Be Watching in 2026
James Brumley, The Motley Fool January 6, 2026 at 12:33 PM Key Points Berkshire Hathaway already owns a huge stake in a top oil and gas outfit. It could easily buy more of it. Buffett was never a big fan of technology stocks, but Alphabet is proving to be a worthy exception. Digital Realty Trust…
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Will the Stock Market Crash in 2026? The Federal Reserve Has a Warning for Investors.
Several Federal Reserve officials have commented on the stock market’s elevated valuation. The S&P 500 (^GSPC +0.62%) advanced 16% in 2025, the third consecutive year where the benchmark index has posted double-digit returns. However, the stock market’s winning streak could come to an end in 2026. Midterm election years are typically difficult for investors, and…
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Stock Market Today, Jan. 6: Dow Jones Sets Record High As Tech Rally Continues
On Jan. 6, 2026, Palantir’s surge and continued AI enthusiasm helped push markets to new highs. The S&P 500 (^GSPC +0.62%) rose 0.62% to 6,944.82, the Nasdaq Composite (^IXIC +0.65%) added 0.65% to 23,547.17 as Big Tech extended its New Year rally, and the Dow Jones Industrial Average (DJINDEX: ^DJI) gained 0.99% to 49,462.08, a…
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