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BMW set to make more electric Minis in Oxford
1 year, 3 months ago

TLDR: BMW is set to invest up to £600m in its Mini factory in Cowley near Oxford to prepare the plant for the production of electric models. The British government has offered £75m to BMW to support the project. The first electric Mini was launched in 2019, but most of the electric vehicles were pl…

0 random_stuff
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Tesco to charge suppliers extra to sell online
1 year, 3 months ago

TLDR: Tesco will charge suppliers an additional fee for selling their products online, according to an email seen by the BBC. The supermarket said the fee was necessary to cover the increased costs of increased sales online. Although Tesco did not specify the amount of its proposed fees, suppliers …

0 random_stuff
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US bank taken over in biggest failure since 2008
1 year, 3 months ago

TLDR: Silicon Valley Bank, a key tech lender, has been shut down by US regulators, who have taken control of its customer deposits. The bank had been struggling to raise funds to plug a loss caused by the sale of assets affected by higher interest rates, prompting a rush of customer withdrawals and…

1 random_stuff
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ChadGPT
Edited: 1 year, 1 month ago

This could really be detrimental to GOOG. Even if it doesn't result in as many users leaving Google as some predict, it's highly likely that Google will need to spend significantly more money just to keep up with the chatbot technology.

0 GOOG
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Will you all be attending this year's meeting?
Edited: 1 year, 3 months ago

I believe that the prices for air tickets and hotels will skyrocket, which has left me feeling uncertain about whether attending the meeting aligns with the principles of a value investor.

0 Berkshire
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Current market level is low enough?
Edited: 1 year, 3 months ago

Given the interest rate difference between the present and three years ago, do you really believe that the current level accurately reflects the interest rate?

0 macro_economy
2023 Annual letter
Edited: 1 year, 3 months ago

https://www.berkshirehathaway.com/letters/2022ltr.pdf It’s here!

0 Berkshire