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06 Jan 2026 - 04:49 pm
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As one of the world’s most successful investors, Warren Buffett’s views on markets, companies and the economy have always been of great interest on Wall Street and Main Street.
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Now 95, Buffett is stepping down as CEO of Berkshire Hathaway, 60 years after taking a controlling share in the company.
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But during his long tenure Buffett has had plenty of sensible things to say about how to invest well and live a good life through the work you choose and the way you treat people.
Here’s just a sampling:
Don’t lose money
“The first rule in investment is don’t lose. And the second rule in investment is don’t forget the first rule.”
Buffett is best known as a value investor – someone who buys companies he believes are undervalued. “If you buy things for far below what they’re worth and you buy a group of them, you basically don’t lose money,” he explained on Adam Smith’s Money World.
But Buffett’s advice also speaks to the need to diversify risk.
“It’s the foundation of how I manage client money,” said certified financial planner and CPA Brian Kearns. “Investing is about growth, but it is also about capital preservation. … Find reasonably priced investments … but don’t risk too much of your net worth on one idea.”
It also means investing across asset classes. “They all have different risk profiles and, when combined, allow you to hold investments for the long term because you will experience less volatility,” Kearns said.
Warren Buffett greets shareholders during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, in 2008.
Warren Buffett's life in pictures
42 photos
Warren Buffett greets shareholders during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, on May 3, 2008. Carlos Barria/Reuters
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06 Jan 2026 - 01:53 pm
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Robertarcab
06 Jan 2026 - 12:55 pm
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As one of the world’s most successful investors, Warren Buffett’s views on markets, companies and the economy have always been of great interest on Wall Street and Main Street.
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Now 95, Buffett is stepping down as CEO of Berkshire Hathaway, 60 years after taking a controlling share in the company.
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But during his long tenure Buffett has had plenty of sensible things to say about how to invest well and live a good life through the work you choose and the way you treat people.
Here’s just a sampling:
Don’t lose money
“The first rule in investment is don’t lose. And the second rule in investment is don’t forget the first rule.”
Buffett is best known as a value investor – someone who buys companies he believes are undervalued. “If you buy things for far below what they’re worth and you buy a group of them, you basically don’t lose money,” he explained on Adam Smith’s Money World.
But Buffett’s advice also speaks to the need to diversify risk.
“It’s the foundation of how I manage client money,” said certified financial planner and CPA Brian Kearns. “Investing is about growth, but it is also about capital preservation. … Find reasonably priced investments … but don’t risk too much of your net worth on one idea.”
It also means investing across asset classes. “They all have different risk profiles and, when combined, allow you to hold investments for the long term because you will experience less volatility,” Kearns said.
Warren Buffett greets shareholders during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, in 2008.
Warren Buffett's life in pictures
42 photos
Warren Buffett greets shareholders during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, on May 3, 2008. Carlos Barria/Reuters
Focus on the essentials
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Larryusack
06 Jan 2026 - 12:22 am
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As one of the world’s most successful investors, Warren Buffett’s views on markets, companies and the economy have always been of great interest on Wall Street and Main Street.
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Now 95, Buffett is stepping down as CEO of Berkshire Hathaway, 60 years after taking a controlling share in the company.
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But during his long tenure Buffett has had plenty of sensible things to say about how to invest well and live a good life through the work you choose and the way you treat people.
Here’s just a sampling:
Don’t lose money
“The first rule in investment is don’t lose. And the second rule in investment is don’t forget the first rule.”
Buffett is best known as a value investor – someone who buys companies he believes are undervalued. “If you buy things for far below what they’re worth and you buy a group of them, you basically don’t lose money,” he explained on Adam Smith’s Money World.
But Buffett’s advice also speaks to the need to diversify risk.
“It’s the foundation of how I manage client money,” said certified financial planner and CPA Brian Kearns. “Investing is about growth, but it is also about capital preservation. … Find reasonably priced investments … but don’t risk too much of your net worth on one idea.”
It also means investing across asset classes. “They all have different risk profiles and, when combined, allow you to hold investments for the long term because you will experience less volatility,” Kearns said.
Warren Buffett greets shareholders during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, in 2008.
Warren Buffett's life in pictures
42 photos
Warren Buffett greets shareholders during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, on May 3, 2008. Carlos Barria/Reuters
Focus on the essentials
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Jerrynet
05 Jan 2026 - 03:21 pm
Elusive shipwreck found in Lake Michigan over 100 years after sinking
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A “ghost ship” that sank in Lake Michigan nearly 140 years ago and eluded several search efforts over the past five decades has been found, according to researchers with the Wisconsin Underwater Archeology Association.
The wooden schooner got caught in a storm in the dead of night and went down in September 1886. In the weeks after, a lighthouse keeper reported the ship’s masts breaking the lake surface, and fishermen caught pieces of the vessel in their nets. Still, wreck hunters were unable to track down the ship’s location — until now.
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Earlier this year, a team of researchers with the Wisconsin Underwater Archeology Association and Wisconsin Historical Society located the shipwreck off the coastal town of Baileys Harbor, Wisconsin, the association announced on Sunday.
Named the F.J. King, the ship had become a legend within the Wisconsin wreck hunter community for its elusive nature, said maritime historian Brendon Baillod, principal investigator and project lead of the discovery.
“We really wanted to solve this mystery, and we didn’t expect to,” Baillod told CNN. “(The ship) seemed to have just vanished into thin air. … I actually couldn’t believe we found it.”
The wreck is just one of many that have been found in the Great Lakes in recent years, and there are still hundreds left to be recovered in Lake Michigan alone, according to Baillod.
The ‘ghost ship’
Built in 1867, the F.J. King plied the waters of the Great Lakes for the purpose of trans-lake commerce. The ship transported grains during a time when Wisconsin served as the breadbasket of the United States. The 144-foot-long (44-meter) vessel also carried cargo including iron ore, lumber and more.
The ship had a lucrative 19-year career until that September night when a gale-force wind caused its seams to break apart, according to the announcement. The captain, William Griffin, ordered the crew to evacuate on the ship’s yawl boat, from where they watched the F.J. King sink, bow first.
Josephcib
02 Jan 2026 - 08:49 pm
A Massachusetts college student who was deported while trying to visit family for Thanksgiving said an immigration officer told her it wouldn’t matter if she spoke to a lawyer, she was going to be removed from the country anyway.
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Any Lucia Lopez Belloza, a 19-year-old freshman at Babson College, was flown to Honduras on Nov. 22, two days after she was detained at Boston’s airport and one day after a judge ordered that she remain in the country.
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In a court document filed Saturday, she described two sleepless nights — first, staying awake with excitement in anticipation of seeing her family, and then later, being crammed with 17 other women in a cell “which was so small that we did not even have enough space to sleep on the floor.”
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Lopez Belloza, who is now staying with her grandparents, came to the US in 2014 at age 8 and was ordered deported several years later. Though the government has argued that she missed multiple opportunities to appeal, Lopez Belloza said her previous attorney told her there was no removal order.
“If I had been aware of my 2017 deportation order, I would not have traveled with my valid passport,” she wrote. “I would have dedicated significant time and effort during the past eight years to hiring an attorney who could help me resolve my immigration situation.”
Related article
In this undated photo provided by her attorney, Todd Pomerleau, Any Lucia Lopez Belloza celebrates her high school graduation in Texas.
A college freshman deported while flying home for Thanksgiving is fighting to return. Here’s what we know about her case
The government also argues that the judge who issued the Nov. 21 order preventing her removal lacked jurisdiction because by then, Lopez Belloza was already in Texas on her way out of the country. But lawyers for the student argue that Immigration and Customs Enforcement made it all but impossible to locate her.
According to Lopez Belloza, when she refused to sign a form consenting to deportation and asked to call her parents or a lawyer, a “tall, muscular, intimidating” ICE officer “said it didn’t matter if I spoke to a lawyer because I was going to be deported anyway.” She later was allowed to call her family from Massachusetts, but that was before she knew she would be flown to Texas and then Honduras.
In a separate filing, lawyers for Lopez Belloza said the government acted “in bad faith and with furtiveness” by failing to answer phone calls to the Boston-area ICE office or update its detainee locator database and by moving her without allowing her to notify her parents or counsel. They asked a judge to schedule a hearing and allow Lopez Belloza to return to the US to testify.
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Douglasson
01 Jan 2026 - 03:30 pm
CBS News editor in chief Bari Weiss decided to shelve a planned “60 Minutes” story titled “Inside CECOT,” creating an uproar inside CBS, but the report has reached a worldwide audience anyway.
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On Monday, some Canadian viewers noticed that the pre-planned “60 Minutes” episode was published on a streaming platform owned by Global TV, the network that has the rights to “60 Minutes” in Canada.
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The preplanned episode led with correspondent Sharyn Alfonsi’s story — the one that Weiss stopped from airing in the US because she said it was “not ready.”
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Several Canadian viewers shared clips and summaries of the story on social media, and within hours, the videos went viral on platforms like Reddit and Bluesky.
“Watch fast,” one of the Canadian viewers wrote on Bluesky, predicting that CBS would try to have the videos taken offline.
Related article
The Free Press' Honestly with Bari Weiss (pictured) hosts Senator Ted Cruz presented by Uber and X on January 18, 2025 in Washington, DC.
Inside the Bari Weiss decision that led to a ‘60 Minutes’ crisis
Progressive Substack writers and commentators blasted out the clips and urged people to share them. “This could wind up being the most-watched newsmagazine segment in television history,” the high-profile Trump antagonist George Conway commented on X.
A CBS News spokesperson had no immediate comment on the astonishing turn of events.
Alfonsi’s report was weeks in the making. Weiss screened it for the first time last Thursday night. The story was finalized on Friday, according to CBS sources, and was announced in a press release that same day.
On Saturday morning, Weiss began to change her mind about the story and raised concerns about its content, including the lack of responses from the relevant Trump administration officials.
But networks like CBS sometimes deliver taped programming to affiliates like Global TV ahead of time. That appears to be what happened in this case: The Friday version of the “60 Minutes” episode is what streamed to Canadian viewers.
The inadvertent Canadian stream is “the best thing that could have happened,” a CBS source told CNN on Monday evening, arguing that the Alfonsi piece is “excellent” and should have been televised as intended.
People close to Weiss have argued that the piece was imbalanced, however, because it did not include interviews with Trump officials.
Weiss told staffers on Monday, “We need to be able to get the principals on the record and on camera.” However, in an earlier memo to colleagues, Alfonsi asserted that her team tried, and their “refusal to be interviewed” was “a tactical maneuver designed to kill the story.”
At the end of the segment that streamed on Global TV’s platform, Alfonsi said Homeland Security “declined our request for an interview and referred all questions about CECOT to El Salvador. The government there did not respond to our request.”
The segment included sound bites from President Trump and Homeland Security Secretary Kristi Noem. But it was clearly meant to be a story about Venezuelan men deported to El Salvador, not about the officials who implemented Trump’s mass deportation policy.
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Jamesjophy
30 Dec 2025 - 09:32 am
Pope Leo XIV celebrated the first Christmas since his election by denouncing the suffering of people of Gaza – taking shelter in tents from the “rain, wind and cold” – and by calling for the guns to fall silent in Ukraine.
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On Christmas Day, the first US-born pope, offered the traditional “Urbi et Orbi” blessing (“To the City and to the World”) from the balcony of St Peter’s, surveying a world speckled with conflicts from Yemen to Myanmar, and calling for compassion towards those who have fled their homelands to seek a future in Europe and America.
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Leo, who was elected on May 8, said Thursday that Jesus Christ is “our peace” because he “shows us the way to overcome conflicts, whether interpersonal or international. With his grace, we can and must each day our part to reject hatred, violence and opposition, and to practice dialogue, peace and reconciliation.”
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The pontiff began by asking for “justice, peace and stability” for Lebanon, the Palestinian territories, Israel and Syria. Later, he said that, by becoming man, “Jesus took upon himself our fragility,” allowing him to identify “with those who have nothing left and have lost everything, like the inhabitants of Gaza.”
Leo celebrates Christmas Holy Mass at the Vatican.
Leo celebrates Christmas Holy Mass at the Vatican. Yara Nardi/Reuters
Leo holds an incent burner at St Peter's Basilica.
Leo holds an incent burner at St Peter's Basilica. Tiziana Fabi/AFP/Getty Images
The pope’s first Christmas since his election took place in wet and cold conditions, but that failed to deter large crowds from coming out to hear his message.
Earlier during Mass, he asked how, at Christmas, “can we not think of the tents in Gaza, exposed for weeks to rain, wind and cold.” With more than 400,000 homes destroyed during Israel’s war against Hamas, Gazans are being forced to choose this winter between living in tents exposed to the elements or living inside buildings that could collapse any minute.
“Fragile is the flesh of defenseless populations, tried by so many wars, ongoing or concluded, leaving behind rubble and open wounds,” Leo said. He quoted an Israeli poet, Yehuda Amichai, who called for peace to blossom “like wildflowers.”
Related article
The acting Latin Patriarch of Jerusalem Pierbattista Pizzaballa attends a morning Mass at Saint Catherine's Church, in the Church of the Nativity, in Bethlehem, in the Israeli-occupied West Bank December 25, 2025. REUTERS/Mussa Qawasma
Christmas celebrated once again in Bethlehem but West Bank suffering persists
Later during his Christmas message, he called for compassion towards those “who are fleeing their homeland to seek a future elsewhere, like the many refugees and migrants who cross the Mediterranean or traverse the American continent.” He offered Christmas greetings in different languages including Italian, English, Arabic, Chinese, Polish.
Since his election, Leo has highlighted the plight of those suffering of those in Gaza, and has been outspoken by calling for the better treatment of migrants. In his first major interview in September, the American pope voiced concern over “some things” happening in the country of his birth, highlighting the significance of a letter his predecessor, Pope Francis, had sent to US bishops earlier this year, rebuking the administration’s deportation plans.
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