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Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard
Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard
While nowhere near as tumultuous as the transformational first quarter in Berkshire's post-Warren Buffett era which saw over a dozen names rotated in and out, in the second quarter there were a few notable changes under Berkshire's new CEO, Greg Abel.
In a quarter in which Abel spent a net $20 billion on other equities, and repurchased about $4.5 billion of its own stock, leaving it with $365.5 billion of cash at midyear, down from a record $397...
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May 31, 2026 / Tyler Durden
AI's Coming Reality Check: When The Physics Finally Hits The Hype
AI's Coming Reality Check: When The Physics Finally Hits The Hype
Authored by Chris MacIntosh vis InternationalMan.com,
In five years, we’ll all likely be chuckling and shaking our heads over AI. Because today, the tech feels free and limitless, doesn’t it?
People are generating endless content: images, videos, memes, code snippets, social posts. Companies are bolting AI onto products by default, the way every Fortune 500 company suddenly discovered they were “sustainable” five years ago.
There’s much deliberation on AI right now, and it splits into two main camps of thesis:
The majority — those...
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May 4, 2026 / Tyler Durden
The COVID Playbook Returns: Energy Rationing & The Politics Of Crisis Control
The COVID Playbook Returns: Energy Rationing & The Politics Of Crisis Control
Authored by Chris MacIntosh via Doug Casey's International Man,
This recent headline from New Zealand should itself send chills down your spine…
“Government reveals details of fuel crisis rationing plan – and who will be prioritized.”
Anytime the pointy shoes get to decide who will and who will not get something, you must realise that you’re about to get royally screwed.
The uncomfortable parallels between the Convid response and the proposed fuel rationing plan cannot be ignored.
On the surface, the Fuel Response...
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May 26, 2026 / Dave DeCamp
Israeli Attacks Across Gaza Kill at Least Seven Palestinians
Israeli attacks across Gaza on Tuesday have killed at least seven Palestinians as the Israeli military continues its constant violations of the US-backed ceasefire deal. Medics told Reuters that Palestinians were killed when they came out of their homes in the Maghazi refugee camp in central Gaza as an Israeli-backed militia was attempting to storm […]
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