Keyword: buffett
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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...
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Planned Parenthood financier Charles Munger died on November 28, 2023, at age 99, after “spending more than four decades as [Warren] Buffett’s second-in-command and foil atop Berkshire Hathaway Inc.,” according to Reuters. The two men met in Omaha in 1959. Like Buffett, Charles Munger (or “Charlie,” as he was often called) was also an abortion philanthropist, who served on Planned Parenthood’s board and even helped Buffett create a ‘church’ to help women get illegal abortions. Who was Charles Munger? InsidePhilanthropy.com previously noted how Munger “worked in real estate for several years before starting a successful investment firm that eventually caught...
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EXPOSED: Catholics for Choice is NOT Catholic. Surprised? We're not. This 5 minute video explains the background and digs deep into who "Catholics for Choice" really are. Follow the money.
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Warren Buffett’s Berkshire Hathaway has significantly reduced its stake in Chinese electric car manufacturer BYD in a series of sales over the past 18 months, according to recent filings. The most recent share sale occurred on October 25, just days before BYD announced record quarterly earnings. This prompted some analysts to raise their price targets for the company. During the quarter, BYD’s auto segment achieved a net profit of Rmb9.4 billion ($1.28 billion), equivalent to an impressive net profit of Rmb11.4k per car, according to Paul Gong, the head of China auto at UBS Global Research. Gong attributes this success...
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MOBILE, Ala. (WKRG) — Jimmy Buffett is being remembered the world over for his music. Buffett grew-up in Mobile and passed away Friday night after a long battle with skin cancer. This weekend, we’re also getting a glimpse of his philanthropy. He anonymously donated two of his planes to Battleship Memorial Park last year. It’s a gesture both steeped in Buffett lore and continues the park’s educational mission. The two aircraft have been assembled for months inside the Medal of Honor Pavillion. Whenever someone asked who donated them, people in the know would sheepishly say it was anonymous, all the...
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He passed away peacefully Friday night surrounded by his family, friends, music and dogs 1946 ~ 2023
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According to the world’s most famous investor, the “incredible period” for the U.S. economy has been coming to an end in recent months. That’s a somewhat surprising statement from a man who has famously been ultra-bullish on the U.S. economy. But persistently high inflation, higher interest rates and the ongoing banking crisis have all made Buffett much more concerned about investment gains in the year ahead. His partner, Charlie Munger, echoed this sentiment. “Get used to making less,” Munger quipped.
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Warren Buffett's wife reportedly balked at the $4 cost of a coffee at Sun Valley. Astrid Menks' reaction aligns with her husband's approach to life, investing, and dealmaking. Buffett lives simply, seeks value as an investor, and strikes a hard bargain when he cuts deals. Warren Buffett detests high inflation, and it appears the billionaire's wife does too. Astrid Menks balked at paying $4 for a cup of coffee at Sun Valley this week, noting she "could get a pound of coffee" for that price in other places, the New York Post reported on Thursday. Her reaction won't surprise close...
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Peter Flaherty, chairman of the National Legal and Policy Center (NLPC) broke his silence after he was arrested and escorted out of the Berkshire Hathaway annual meeting on Saturday in Omaha, Nebraska. The Gateway Pundit reported that Flaherty was removed at the shareholders’ meeting and was charged with “criminal trespass” after criticizing Berkshire Hathaway CEO Warren Buffett for his support for Bill Gates’ organization and his association with convicted felon Jeffrey Epstein. Bill Gates was also present during the meeting. WATCH: And bill gates was here 30 minutes ago. pic.twitter.com/7UV5F3aggb — Tykoo.eth (@0xTykoo) May 6, 2023 During the first minute...
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Somehow, Warren Buffett believes that the federal government should cover all depositors, no matter how rich they are, even though the FDIC specifically states that it covers only $250,000, and that is what it charges insurance premiums on. Underwriting risks seems to be a foreign concept to Buffett. Warren Buffett said Saturday that it would have been "catastrophic" to let any Silicon Valley Bank depositors lose their money when regulators seized the troubled California lender.The fall of Silicon Valley Bank on March 10 triggered panic across the financial system. In a bid to restore calm, US officials made the controversial...
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Representatives for Jimmy Buffett announced that he must cancel the rest of his 2022 tour dates per “doctors orders” after a “brief hospitalization” for health issues that were not shared. In a message posted on social media Tuesday, the 75-year-old rocker posted a statement indicating Buffett’s “Life on the Flipside-Redux” tour would be cut short. “Due to health issues and brief hospitalization, Jimmy will need to refrain from touring for the rest of the year,” the statement read. “On doctor’s orders, he must take this time to recuperate and heal.” “Jimmy looks forward to getting back on stage next year,”...
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Billionaire Microsoft co-founder Bill Gates said Wednesday that he plans to give his wealth to his foundation. In a Twitter thread that doesn’t allow replies, Gates announced he was transferring $20 billion to the Bill and Melinda Gates Foundation’s endowment this month and will increase spending to $9 billion per year by 2026. “As I look to the future, I plan to give virtually all of my wealth to the foundation,” Gates wrote. “I will move down and eventually off of the list of the world’s richest people.” Gates is currently the fourth-richest person on earth and has a net...
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After a tumultuous week of violent lurches higher (but mostly lower), the S&P 500 has ended April with its worst start to a year since the start of World War 2...Vacation bookings are soaring, car sales are booming and Americans continue to spend with abandon, thanks to higher wages and brisk hiring; and yet, the economy unexpectedly contracted in the first quarter, led by trade deficits and a drop in inventory purchases.“The market is worried about a very fragile economic outlook, as it should be," said Joe LaVorgna, chief Americas economist at Natixis and former Trump White House economic adviser.“The...
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Green energy executive Robert A. Karmann, who was the chief financial officer for a now non-existent company, was sentenced to six years in prison on Tuesday for his role in a Ponzi scheme encompassing billions of dollars. Karmann was also ordered to pay $624 million in restitution for his involvement in fraudulent acts related to the DC Solar company, which made mobile solar generator units. According to the U.S. Attorney’s Office for the Eastern District of California, investors were given “generous federal tax credits” for purchasing the units. The investors were also falsely told that there would be consistent revenue...
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Power companies run by billionaire friends Bill Gates and Warren Buffett have chosen Wyoming to launch the first Natrium nuclear reactor project on the site of a retiring coal plant. TerraPower, founded by Gates about 15 years ago, and power company PacifiCorp, owned by Warren Buffett’s Berkshire Hathaway, said on Wednesday that the exact site of the Natrium reactor demonstration plant was expected to be announced by the end of the year.... ...The project features a 345 megawatt sodium-cooled fast reactor with molten salt-based energy storage that could boost the system’s power output to 500MW during peak power demand. TerraPower...
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Speaking to Berkshire’s millions of shareholders on Saturday, Buffett warned the company was being hit by inflationary pressures: “We’re seeing very substantial inflation – it’s very interesting. I mean, we’re raising prices. People are raising prices to us. And it’s being accepted.” “The costs are just up, up, up. Steel costs, you know, just every day, they’re going up.” “And it just won’t stop! People have money in their pocket, and they pay the higher prices… There’s more inflation going on that people would have anticipated six months ago or thereabouts.” -VIDEO
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We are seeing substantial inflation," Buffett said at the Berkshire Hathaway annual shareholder meeting broadcast exclusively by Yahoo Finance. "We are raising prices. People are raising prices to us, and it's being accepted." Buffett called out much higher steel costs impacting Berkshire's housing and furniture businesses. Subramanian thinks investors could see a "robust" rebound in inflation in coming months in the wake of the latest round of C-suite commentary. "Inflation is arguably the biggest topic during this earnings season, with a broad array of sectors (Consumer/Industrials/Materials, etc.) citing inflation pressures," Subramanian notes. Proctor & Gamble said recently it would begin...
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Warren Buffett’s famed stock portfolio has grown to a market value of $281.17 billion at the end of 2020, with a cumulative actual price for the entire portfolio of $108.62 billion. Last year, Berkshire earned $4.9 billion in realized capital gains and $26.7 billion in net unrealized gains from its stock holdings. In Buffett’s annual letter to Berkshire Hathaway (BRK-A, BRK-B) shareholders, the renowned stock picker shared the 15 common stocks that had the largest market value at the end of 2020. Berkshire owns large stakes in companies like AbbVie (ABBV), American Express (AXP), Apple (AAPL), Bank of America (BAC),...
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Warren Buffett, the 90-year-old “Oracle of Omaha,” remains a firm believer in the American dream, saying in his closely watched annual shareholder letter to “never bet against America.” “In its brief 232 years of existence ... there has been no incubator for unleashing human potential like America,” the chairman and CEO of Berkshire Hathaway wrote in the letter released Saturday. “Despite some severe interruptions, our country’s economic progress has been breathtaking. Our unwavering conclusion: Never bet against America.” Buffett shared a fact in the letter to illustrate Berkshire’s American credentials. He said the conglomerate owns the biggest amount of U.S....
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Billionaire Warren Buffett encouraged investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders Saturday. Buffett hardly even addressed the coronavirus that ravaged many businesses last year, instead focusing on the long-term prospects for the railroad, utility and insurance businesses and stocks that belong to Berkshire Hathaway. But he said U.S. business will thrive over time in spite of the pandemic. “In its brief 232 years of existence, however, there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic...
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