Billionaire financier George Soros is spending $1 million to support a California proposition that would legalize marijuana for recreational use. In a opinion piece in The Wall Street Journal, he wrote that the measure would be…
After five years behind bars for insider trading, Waksal has announced another biotech deal: His new drug company Kadmon Pharmaceuticals has bought privately held Three Rivers Pharmaceuticals in a private deal estimated at over…
Alexander Anderson Jr., the creator of the television cartoon characters “Rocky” the flying squirrel and “Bullwinkle” the moose, died at a rest home near his Pebble Beach, Calif., home, last Friday. He was 90.
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After plunging most of Tuesday on uncertainty about Combs, Berkshire shares recovered somewhat as investors learned more about him. Combs’s Castle Point fund was seeded by former Goldman Sachs CEO Stephen Friedman’s Stone Point…
Why did Buffett tap Combs? Based on Combs’s track record, it’s clear that he has done well in financial services stocks while limiting risk. Plus, he shares Buffett’s approach to investing — and for writing amusing investor l…