Charlie Munger I once recalled a moment from my childhood during the Great Depression – watching a brilliant but financially fragile man reveal a small crisis in the household. In April 2022, during a conversation with Todd Combs at the Singleton Prize for CEO Excellence event, the late Berkshire Hathaway the vice president reflected on … Read more
Halfpoint/Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. How much do you really need to be comfortable in retirement? And what do you do if you’re not even close? Feeling behind in any area of life can be frustrating, but comparison is the thief of joy—especially … Read more
Turning 45 meant a nice dinner and maybe a few gray hairs. Now it might mean wondering why you’re still buried in credit card debt, renting a two-bedroom, and Googling “early retirement” at midnight. In a 2018 CNBC interview, the “Shark Tank” investor. Kevin O’Leary offered his version of a middle-of-the-road wake-up call. “When you’re … Read more
Benzinga and Yahoo Finance LLC may earn commission or revenue for some articles through the links below. Warren Buffett it’s not the handy kind. But in 2012, during a CNBC interview, he explained exactly how someone with a wrench — and a little nerve — could make serious money in real estate. “I would say … Read more
Paul Morigi/Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. With an estimated net worth of around $147.5 billion, legendary investor Warren Buffett has built an extraordinary financial empire – making him the ninth richest man in the world (1). Now 95, Buffett has finally stepped … Read more
AlexVog / Envato Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. High net worth individuals—typically those with investable assets of $1 million or more—held a large portion of their total portfolio in cash in 2024. According to a survey by Goldman Sachs, wealthy individuals park approximately 20% … Read more
Over the past two years, Berkshire has reduced its position in Apple stock by more than 70%. For years, Berkshire has been hoarding cash and collecting interest on T-bills. Last quarter, Berkshire used some of its excess cash and acquired a stake in Alphabet. 10 Stocks We Like More Than Alphabet › Over the past … Read more
The sun would rise over the Rockies and Robin Gammons would run to the front porch to get the morning paper before school. She wanted comics and her father wanted sports, but the Montana Standard meant more than their daily race to get Calvin and Hobbes or baseball scores. When one of the three children … Read more
Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. Warren Buffett is renowned for his shrewd investments, particularly his knack for buying companies with sustainable competitive advantages. However, his investment wisdom extends beyond companies and stocks. In fact, there are two non-stock investments that Buffett has made that … Read more
Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. For many people, being retired is almost synonymous with being frugal. With less control over your monthly income, it’s natural to focus more on controlling your expenses. In a recent Senior Citizens League survey, 94% of respondents said … Read more