565574 comments

• Comment Link BrandonZet 02/01/26

  You don’t get labeled the “Oracle of Omaha” for nothing.
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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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• Comment Link Adolfotah 02/01/26

  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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