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Warren Buffett shares the epiphany he had in 1942 that dictated the rest of his investment career

Warren Buffett shared an investment story from 1942, when he was 11 years old, that’s helped inform all of the decisions he’s made during his legendary career. Follow Business Insider’s coverage of Berkshire Hathaway’s annual meeting 2018. Warren Buffett has a story for you. …read more […]

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How the Gold-to-Copper Ratio Can Make You a Smarter Investor

You’ve heard it for some time now…

The global economy is finally showing signs of improvement – especially over the past year or so.

Most economists and central bankers cite a slew of stats to justify their optimism.

Nonfarm payrolls… nominal and real GDP… consumer confidence surveys… employment statistics… the producer price index…

The list goes on and on.

I’ll admit: Scouring the endless stream of economic metrics released every other week isn’t an exciting way to spend your downtime.

Instead, there’s a simple shortcut to tracking the health of the global economy, courtesy of free markets.

It’s called the gold-to-copper ratio.

On the surface, gold and copper …read more […]

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Glare on Southwest highlights tense relationship between management, mechanics

NEW YORK/WASHINGTON (Reuters) – Federal investigators were assigned last year to monitor Southwest Airlines’ maintenance operations, the Federal Aviation Administration said on Friday, after whistleblower complaints of mistreatment of mechanics raised safety concerns. The agency found no rule violations, it said, and the assignment of additional inspectors was standard practice to preclude any deterioration in maintenance. …read more […]

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Trump exit from Iran nuclear deal enters uncharted territory

If President Donald Trump follows through on his threat to pull the U.S. out of the Iran nuclear deal on May 12, the rest of the world will be thrust into uncharted territory, forced to navigate a complex web of U.S. sanctions that were lifted under the landmark accord but would ostensibly be put back in place. Would Trump re-impose sanctions on those who do business with Iran? How would Iran respond? …read more […]