Jitta, a Bangkok-based fintech startup, has announced a $6.5 million Series A round as it prepares to launch an investment fund for consumers in what would be a first for the Thai market. The deal is one of the largest Series A in Thailand for some time and it was led by Beacon Venture Capital, […]
View More Thailand’s Jitta raises $6.5M to develop an algorithm-powered wealth fundCategory: Warren Buffett
Jeff Bezos launches $2 billion fund to finance preschools and help homeless families
In a tweet this morning, Amazon founder (and the world’s richest man) Jeff Bezos announced that he and his wife were creating a $2 billion fund to finance a network of nonprofit preschools and donate funds to organizations helping homeless families. “The Day 1 Families Fund will issue annual leadership awards to organizations and civic […]
View More Jeff Bezos launches $2 billion fund to finance preschools and help homeless familiesRich dudes are running out of insults for Bitcoin
Bitcoin bashing has been a popular sport among the very rich for quite a while, but this week the usual suspects have considerably upped their game.
These days, it’s no longer enough to call Bitcoin a bad or dangerous investment. If you want to…
6 things more likely than winning Warren Buffett’s March Madness challenge
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It’s March, my friends. That means Daylight Saving Time, feeling the warmth of sun for the first time in months, and — of course — basketball.
Yes, it’s time for March Madness, the month-long frenzy where 64 teams compete in an unforgiving NCAA tournament that spurs both incredible memes and unforgettable champions. It’s also time for those pesky brackets, you know those things you do with your coworkers this time of year where you pretend you know about basketball but really just pick teams based on mascots or jersey color.
Each year, business mogul Warren Buffett offers one lucky basketball fan $1 million a year for life to anyone who can pick a perfect bracket. This year is no different. And that sounds amazing, no? All you have to do is utilize your expert knowledge of collegiate basketball and you can be set financially for life. Read more…
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Warren Buffett’s investment chief just called Bitcoin ‘noxious poison’
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Who woulda guessed: an old school investor is really, really anti-Bitcoin.
On Wednesday, Charles Munger, the vice chairman of Warren Buffett’s investment firm Berkshire Hathaway, described Bitcoin as “noxious poison.”
While at the annual meeting of the Daily Journal, which Munger chairs, the Guardian reports that he also called the interest in Bitcoin “totally asinine.”
“I never considered for one second having anything to do with it,” Munger said. “I detested it the moment it was raised. It’s just disgusting. Bitcoin is noxious poison.” Read more…
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Learn how machine learning can benefit your financial trading skills by taking this online class
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Financial markets are a tricky beast. Depending on what you’re investing in, they can be extremely volatile and difficult to navigate for ordinary human people like us. The highs can be high, the lows can be low, and it can be tricky to know the ideal times to buy and sell.
While there’s no such thing as a shortcut in life, there are certainly tools, techniques, and strategies to make stuff a lot easier — and financial trading is no exception. Read more…
More about Stocks, Investing, Stock Market, Warren Buffett, and Machine Learning
Amazon’s Jeff Bezos and a team of billionaires are launching a new healthcare business
Alexa, make health care better.
Amazon CEO Jeff Bezos is finally publicly stepping into the healthcare industry. Amazon has teamed up with banking giant JPMorgan and holding company Berkshire Hathaway to start a healthcare business, the compani…