Here’s what one investor says he’s learned from Warren Buffett and Charlie Munger — and the mistakes he’s made

This year has been inescapably awful for investors, as this chart on first-half performance shows. So in an environment where every short-term move seems to be a bad one, it might be worth getting a longer-term perspective. Monish Pabrai, the founder of both the Pabrai Investment Funds and the Dhando Funds and an author on … Read more

Starz could turn into ‘acquisition machine’ after spinoff from Lionsgate

Liberty Media’s John Malone Michael Kovac | Getty Images Written in the Starz? Lionsgate is planning a spinoff of Starz, home of “Outlander” and “Power,” by early next year. Vivendi’s Canal Plus and private equity firm Apollo Global, in tandem with streaming distributor Roku, have both made preliminary bids for a 20% stake, sources say. A deal … Read more

Jussie Smollett roasted for BET Awards appearance: ‘Who let him in?’

Fallen “Empire” star Jussie Smollett has defiantly declared he’s “not a piece of s–t” after “gaining clarity” during his recent mini-prison stint — but many viewers of the 2022 BET Awards aren’t ready to let him off the hook just yet. Smollett, 40, made his controversial return to the red carpet at Sunday Los Angeles’ … Read more

Disney, Apple and Amazon keep waiting as NFL considers Sunday Ticket offers

DK Metcalf, of the Seattle Seahawks, during a Meet & Greet with DIRECTV NFL SUNDAY TICKET subscribers at the DIRECTV NFL SUNDAY TICKET Lounge on Saturday Feb. 1, 2020, in Miami, FL. Peter Barreras | AP Disney, Apple and Amazon have all submitted bids to become the new broadcast rights owner of the National Football … Read more

This dividend fund is down 3% vs. S&P’s 20% drop. Here are its top stock picks

By now even the most ardent tech and growth-stock enthusiasts realize the bull market is over. John Kornitzer’s approach to selecting high-quality stocks for the Buffalo Flexible Income Fund is one that has worked well during the bear market. High inflation, uncertainty in so many industries amid supply-chain issues and labor shortages, the Federal Reserve’s … Read more

More Companies Start to Rescind Job Offers

Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc. , real-estate brokerage Redfin Corp. , and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets … Read more

Netflix talks with Google about ads as Sarandos is set to address Cannes this week

LOS ANGELES, CALIFORNIA – JUNE 12: CEO of Netflix Ted Sarandos attends Netflix’s FYSEE event for “Squid Game” at Raleigh Studios Hollywood on June 12, 2022 in Los Angeles, California. (Photo by Charley Gallay/Getty Images for Netflix) Charley Gallay | Getty Images Entertainment | Getty Images CANNES, France – As the world’s biggest advertising conference … Read more

Savannah Guthrie’s Appalling Amber Heard Interview

On Wednesday, Today aired part two of an exclusive interview with actress Amber Heard—her first televised sit-down after losing an explosive defamation trial against her ex-husband, actor Johnny Depp. Among other revelations, the 36-year-old claimed that she still “loved” Depp and denied wanting to “cancel” him in her op-ed at the center of the case. … Read more

Disney Should Make its Cricket Loss Count

Disney lost out on streaming rights to the Indian Premier League’s cricket matches from 2023-2027, but said it will keep the broadcast rights. Photo: Arun Sankar/Agence France-Presse/Getty Images For Disney, DIS 1.67% losing the streaming rights to India’s most popular cricket league could turn out to be a blessing in disguise—provided the company fully capitalizes … Read more

Disney morale terrible after CEO Bob Chapek fires Peter Rice

Morale is at an all-time low at the beleaguered Mouse House after Disney CEO Bob Chapek dumped TV content boss Peter Rice. Rice, who joined Disney after the media giant acquired 21st Century Fox in 2019, was replaced on Thursday by his number two, Dana Walden, in what many have described as a “shocking” shakeup. … Read more