Mindblown: a blog about philosophy.
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Warren Buffett Excludes Gates Foundation From Midyear Donations
Topline Warren Buffett excluded the Gates Foundation from his midyear donations for the first time since 2006, opting instead to donate thousands of Berkshire Hathaway shares to four foundations run by his children. The billionaire Berkshire Hathaway chair instead donated thousands of shares in his company to four foundations run by his children.Getty Images Key…
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Buffett ends Gates Foundation donations, shifts US$6 billion to family charities
Warren Buffett July 14, 2026 Billionaire investor Warren Buffett has ended donations to the Gates Foundation and will transfer approximately US$6 billion in Berkshire Hathaway stock to four foundations associated with his family. The 95-year-old Berkshire chairman said Tuesday that he will convert 8,000 Class A shares into 12 million Class B shares before distributing…
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Wells Fargo CEO Charlie Scharf Touts US Economy Strength But Highlights Selective Approach To Growth – ‘We Are Carefully Deploying Capital’
On consumer trends, Wells Fargo’s CEO highlighted the robustness observed during Q2. Net interest income rose 5% to $12.32 billion, helped by lower deposit costs and higher loan and investment securities balances. Average loans increased 12% from last year to $1.03 billion. Wells Fargo’s (WFC) chief executive officer, Charlie Scharf, on Tuesday emphasized cautious capital…
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Tesla and Meta Are Worth Almost the Same. Which Stock Is the Better Buy?
Tesla (NASDAQ: TSLA) and Meta Platforms (NASDAQ: META) are two of the stock market’s largest technology companies, with similar-sized market caps of roughly $1.5 trillion and $1.7 trillion, respectively. Their high-profile CEOs, Elon Musk and Mark Zuckerberg, make both companies must-watch stories, especially as they stake their futures on artificial intelligence (AI). That’s where the…
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The Fed increased interest rates again — here's why you should save more and pay off debt in response
In December 2022, the Federal Reserve announced the seventh consecutive increase to the federal funds rate and indicated it intented to continue raising interest rates going forward. The Fed has repeatedly raised rates in an effort to corral rampant inflation that has reached 40-year highs. Higher interest rates may help curb soaring prices, but they…
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The Hidden Flaw In Passive Investing: Tracking Market Weights May Not Always Be A Smart Asset Allocation Strategy
Seiya Tabuchi/iStock via Getty Images By James Picerno The case for indexing is well established, supported by academic and empirical research. But while there’s a strong case for passive investing within an asset class, in our view the argument weakens—if not breaks
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Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: S&P 500, Dow futures dip as big banks' earnings roll in ahead of CPI data; IBM slides
05:51:32 PM IST, 14 Jul 2026 Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: IBM drags tech stocks lower IBM shares plunged sharply in premarket trading after the company issued a weaker-than-expected revenue outlook. The decline spilled over to other software and consulting firms including Oracle, ServiceNow, Accenture and Adobe.…
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Is MFS Value R6 (MEIKX) a Strong Mutual Fund Pick Right Now?
If you’re looking for a Large Cap Value fund category, then a potential option is MFS Value R6 (MEIKX). MEIKX bears a Zacks Mutual Fund Rank of 3 (Hold), which is based on various forecasting factors like size, cost, and past performance. Objective MEIKX is classified in the Large Cap Value segment by Zacks, which…
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Warren Buffett excludes Gates Foundation from 2026 Berkshire donation
Warren Buffett excluded the Bill and Melinda French Gates Foundation from his annual charitable stock gifts on Tuesday, directing the full donation to four family-linked foundations instead. According to a Berkshire Hathaway news release, Buffett will convert 8,000 Class A shares into 12 million Class B shares, with 9 million going to the Susan Thompson…
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Billionaires are loading up on these superior stocks. Why it pays to follow their money.
With second-quarter corporate earnings looking strong, it pays to invest alongside some well-known — and wealthy — technology leaders. – Getty Images/iStockphoto Another spectacular earnings season is coming up. The best earnings will be in three sectors: energy, information technology and materials. In energy, recommended names include Okeanis Eco Tankers ECO, International Seaways INSW, Teekay…
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