Reed Hastings says he kept losing money as an investor so he sticks to owning Netflix stock and index funds

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Netflix cofounder and former CEO Reed Hastings.

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A 4,400,000% return and a $168 billion cash pile. Here are 6 juicy nuggets from Warren Buffett's new letter.

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Berkshire Hathaway CEO Warren Buffett.

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Warren Buffett calls out stock-market gamblers and honors the late Charlie Munger in his annual letter

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Warren Buffett, CEO of Berkshire Hathaway, and former vice chairman Charlie Munger.

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Warren Buffett's Berkshire Hathaway is an epic turnaround story — and its latest deal looks a winner, expert says

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Warren Buffett.

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How BYD founder Wang Chuanfu went from orphan to billionaire EV empire builder, beating out Elon Musk's Tesla

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BYD founder Wang Chuanfu and a BYD Seal car
BYD founder Wang Chuanfu is worth about $15 billion.

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Charlie Munger was obsessed with Costco. Here's why the billionaire called himself a 'total addict.'

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Charlie Munger loved Costco.

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Charlie Munger had 3 'basic rules' for career happiness. One of them: don't work for anyone you don't respect.

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Charlie Munger (L) and Warren Buffett attend a BYD Co Ltd new product launch conference at China World Hotel on September 29, 2010 in Beijing, China.
Charlie Munger (L) and Warren Buffett attend a BYD Co Ltd new product launch conference at China World Hotel on September 29, 2010 in Beijing, China.

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Charlie Munger's last big call was probably right: AI is overhyped

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Charlie Munger thought AI was overhyped.

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Charlie Munger first met Warren Buffett in 1959. Here's how the lawyer became an investing legend.

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Charlie Munger was 99.

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Charlie Munger once advised Warren Buffett to live his life according to how he wanted his obituary written, and 'live backwards'

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Charlie Munger
Charlie Munger died Tuesday at age 99.

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