• Cryptocurrency entrepreneur Justin Sun paid $4.6 million for a charity dinner with Warren Buffett in January.
  • Sun hoped to convert Buffett into a Bitcoin fan, but instead one of his guests, eToro CEO Yoni Assia, embraced Buffett’s value-investing approach.
  • Assia read the definitive book on the subject written by Buffett’s mentor, hired a value-investing consultant, and became a bigger proponent of in-depth research and longer investment horizons, Bloomberg reported.
  • The boss of the social-trading platform also tweeted that value investing is a “hidden magic that reveals itself to you only after 20 years of making 15-20% and compounding it.”
  • Visit Business Insider’s homepage for more stories.

Cryptocurrency executive Justin Sun shelled out $4.6 million for a charity dinner with Warren Buffett in a vain attempt to convert the billionaire investor into a Bitcoin believer. Instead, one of his guests embraced Buffett’s signature value-investing strategy, Bloomberg reported on

Read More

Presented by First National Bank Alaska

It all began when Linnea Cummings was chatting with a friend who had moved out of state.

As they talked casually about the items on their respective to-do lists, Cummings’ friend mentioned that she planned to visit a business in her area where she could prep her family’s meals for the month. The business provided recipes, a prep kitchen, equipment and ready-to-assemble ingredients, and she could make what she wanted and take it home to freeze and cook throughout the month.

“I thought, ‘I’m a busy person — I would totally use something like that,’” Cummings said. “‘Why don’t we have that here?’”

“‘Why couldn’t I do that here?’”

Soon Cummings had thrown herself into researching meal assembly businesses, traveling Outside to visit a dozen different kitchens to see how they ran.

“The next thing I know, I’m writing a business plan and signing

Read More

  • Facebook CEO Mark Zuckerberg discussed the alleged threat posed by Chinese technology companies at a private dinner with US President Donald Trump, the Wall Street Journal reported on Sunday.
  • Zuckerberg also discussed TikTok, specifically, in meetings with US senators.
  • Earlier this month, Trump issued an executive order targeting TikTok, which allows users to post and edit short video clips.
  • Facebook, hoping to siphon some of TikTok’s 100 million US users, released its own version of the software in early August: Instagram Reels.
  • Visit Business Insider’s homepage for more stories.

Before President Donald Trump threatened to ban TikTok, video-sharing program popular with teenagers, Facebook founder Mark Zuckerberg was lobbying him and US senators to address the alleged threat posed by his Chinese competition,the Wall Street Journal reported on Sunday.

At a private dinner in October 2019, Zuckerberg “made the case to President Trump that the rise of Chinese internet companies threatens

Read More