Article: David Einhorn calls out Elon Musk and Chamath Palihapitiya, defends GameStop champion Roaring Kitty, and blasts market regulators in a new letter. Here are the 11 best quotes.

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David Einhorn calls out Elon Musk and Chamath Palihapitiya, defends GameStop champion Roaring Kitty, and blasts market regulators in a new letter. Here are the 11 best quotes.

Theron Mohamed, 16 April 2021

The elite investor David Einhorn blasted market regulators, accused Elon Musk and Chamath Palihapitiya of juicing assets, and praised the GameStop champion Keith Gill in a letter to Greenlight Capital investors this week.

The Greenlight president also highlighted the “Big Short” investor Michael Burry’s exit from Twitter and pushed for greater scrutiny of Archegos Capital, the family office that blew up in March. Einhorn’s latest letter was obtained by ValueWalk. Continue reading “Article: David Einhorn calls out Elon Musk and Chamath Palihapitiya, defends GameStop champion Roaring Kitty, and blasts market regulators in a new letter. Here are the 11 best quotes.”

Article: Suez Canal blockage: Captain of Ever Given not aiding probe; calamity’s cost tops $1B

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Suez Canal blockage: Captain of Ever Given not aiding probe; calamity’s cost tops $1B

John Bacon, 01 April 2021

The cost of blocking shipping for almost a week through one of the most crucial waterways on earth apparently comes in at right around $1 billion.

And that’s just the bill Egypt could soon be trying to collect. It does not include damages for the owners of more than 400 boats delayed by the calamity on the Suez Canal, nor compensation that could be sought by companies whose materials or products were on those boats. Continue reading “Article: Suez Canal blockage: Captain of Ever Given not aiding probe; calamity’s cost tops $1B”

Article: Warren Buffett’s Berkshire Hathaway slashed its Goldman Sachs stake by 84% last quarter

Article - Media

Warren Buffett’s Berkshire Hathaway slashed its Goldman Sachs stake by 84% last quarter

Theron Mohamed

BusinessInsider, 15 May 2020

Warren Buffett’s Berkshire Hathaway slashed its Goldman Sachs holdings and sold its stakes in energy group Philips 66 and insurer Travelers in the first quarter, according to a Securities and Exchange Commission filing released on Friday.

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