JPMorgan pinpoints the triggers for a bond sell-off that can cause unusually large losses in everything from stocks to gold — and lays out how to be ready for it
However, Buffett is probably happy for Airbnb CEO Brian Chesky, who counts the investor among his mentors. When Chesky flew to Omaha to have lunch with Buffett in 2014, the pair spoke for more than four hours. Fortune reported that Chesky was so worried he would forget their discussion that when he went to the airport, he typed up a 3,600-word report and sent it to his team.
The Airbnb chief was struck by the lack of distractions in Buffett's life. "There's no TVs anywhere," he told Fortune. "He spends all day reading. He takes maybe one meeting a day, and he thinks so deeply."at a previous lunch with Buffett and Amazon CEO Jeff Bezos. "Nobody wants to get rich slow," Buffett replied when Bezos asked why everyone doesn't just copy his long-term investing approach.
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Buffet is buying gold. Something he used to talk against. Probably because the economy is about to have its ass fall out.
Yea, I kicked myself for that, too. That, and not inventing Uber.
Airbnb was created out of necessity to generate rent, that was an immediate problem for the founders.
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