investment
Zero coupon short term (6 months) US treasury bills now have YTM (yield to maturity) about 4.2%
Some of those I brought at the beginning of the year just matured a few days ago. 4.2% still isn’t bad.
#WarrenBuffett shocked an arena full of his shareholders Saturday by announcing that he wants to #retire at the end of the year.
Buffett said he will recommend to #BerkshireHathaway’s board that #GregAbel should become CEO at the end of the year.
“I think the time has arrived where Greg should become the Chief Executive office of the company at year end,” Buffett said.
Previously the 94-year-old investor has always said he had no plans to retire.
#finance #investment
https://apnews.com/article/warren-buffett-berkshire-hathaway-shareholders-annual-meeting-a421061233f99859673fb131ce020d4d
Trump Team Eyes Politically Connected Startup to Overhaul $700 Billion Government Payments Program
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A little-known firm with investors linked to JD Vance, Elon Musk and Trump could get a piece of the federal expense card system — and its hundreds of millions in fees. “This goes against all the normal contracting safeguards,” one expert said.
#News #Trump #Vance #Thiel #Musk #Investment #Business #Government #USPolitics