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Carvana's Stock Proves How Much Wall Street Knows

15 days ago   |   By

Warren Buffett, a billionaire and one of the greatest investors of all time, loves to talk about Wall Street analysts, in that he loves to explain how useless they are for anyone seeking guidance on investing. People should come to their own conclusions about a company before buying its stock, Buffett says, or just...
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Jeff Bezos donates a total of $123 million to 40 groups fighting homelessness after vowing to give away majority of his wealth

Jeff Bezos donates a total of $123 million to 40 groups fighting homelessness after vowing to give away majority of his wealth

15 days ago   |   By

Jeff Bezos next to his partner Lauren Sánchez. Lia Toby/Getty Images
Jeff Bezos is giving away $123 million to an array of groups combatting homelessness in the US.
The billionaire gave between $600,000 and $5 million to 40 organizations.
MacKenzie Scott, his ex-wife, also supported housing groups by donating mansions worth $55 million.
Jeff Bezos has announced he will donate a total of $123 million towards 40 charities fighting homelessness in the US. The donations form part of his Bezos Day 1 Families Fund, a $2 billion commitment to help Americans who are homeless. Bezos, who...
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Warren Buffett just gifted $759 million of Berkshire Hathaway stock to good causes - after donating $4 billion in June

15 days ago   |   By

Warren Buffett. Drew Angerer/Getty Images
Warren Buffett made a surprise donation of $759 million in stock on Wednesday.
The investor split a total of 2.4 million Class B shares between four of his family's foundations.
Buffett has gifted 52% of his Berkshire Hathaway shares since 2006, but still holds a 15.5% stake.
Warren Buffett must be feeling grateful this Thanksgiving, as he unexpectedly donated $759 million to good causes on Wednesday. The famed investor and Berkshire Hathaway CEO converted 1,600 Class A shares in his company into 2.4 million Class B shares, then gifted all of them...
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