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2021-07-02

Hold

@杭州下午健身:$AMC院線(AMC)$果然還是spce熱鬧

2021-06-28

Hold

Sorry, the original content has been removed

2021-06-28

Hold

Warren Buffett says he's halfway to giving away most of his fortune

2021-06-26

Nndm hold

2021-06-26

Hold

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2021-06-24

Read

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2021-06-08

Nndm hold

2021-06-07

Great ariticle, would you like to share it?

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2021-05-31

Nndm continue hold?

2021-05-31

It's time to hold

2021-05-31

Great for sharing

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2021-05-31

Buy buy buy

Sorry, the original content has been removed

2021-05-24

Nndm hold or sell

2021-05-21

Continue hold NNDM or sell

2021-05-19

NNDM can continue hold?

2021-05-18

Hold it//@Andysoo: [Money Fans] [Money Fans]

IPO Preview: SquareSpace, Procure Technologies And Oatly Are This Week's Offerings

2021-05-18

Nio will continue drop

2021-05-16

Hi hi hi

2021-05-10

?

The Nasdaq dipped about 1%

2021-05-10

?

The Nasdaq dipped about 1%

Go to Tiger App to see more news

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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624800420,"share":"https://ttm.financial/m/news/2146022040?lang=en_US&edition=fundamental","pubTime":"2021-06-27 21:27","market":"hk","language":"en","title":"Warren Buffett says he's halfway to giving away most of his fortune","url":"https://stock-news.laohu8.com/highlight/detail?id=2146022040","media":"Dow Jones","summary":"MW Warren Buffett says he's halfway to giving away most of his fortune\n\n\n  Leslie Albrecht \n\n\n  Buff","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Warren Buffett says he's halfway to giving away most of his fortune\n</p>\n<p>\n  Leslie Albrecht \n</p>\n<p>\n  Buffett has also resigned from the board of the Gates Foundation. Bill Gates said he was grateful for Buffett's 'enduring friendship' \n</p>\n<p>\n  Berkshire Hathaway (BRKA) CEO Warren Buffett has resigned from the board of the world's largest charitable foundation, but he's ending his tenure on a high note: he said he's halfway to his goal of giving away most of his wealth. \n</p>\n<p>\n  Buffett said he was leaving the board of the Bill and Melinda Gates Foundation in a Wednesday letter . That's a significant shake-up at the foundation, where there are only three board members: Buffett and Bill and Melinda Gates, who created the charitable organization in 2000. \n</p>\n<p>\n  The foundation's future was called into question  when Bill and Melinda Gates announced they were divorcing in May, but foundation leaders said at the time that the couple's split would change nothing at the foundation. \n</p>\n<p>\n  \"I know Warren's departure raises questions about the foundation's governance,\" Gates Foundation CEO Mark Suzman said in an email to foundation staff  Wednesday. Suzman said he, Buffett and the Gateses have been actively discussing \"approaches to strengthen our governance\" in the wake of the divorce announcement. Suzman said he would release more information in July. \n</p>\n<p>\n  Buffett, 90, noted that his departure from the Gates Foundation board comes as he's winding down other activities; he's stepped down from all other corporate boards other than Berkshire Hathaway's. \n</p>\n<p>\n  Buffett also said Wednesday that he had achieved a personal milestone by giving some $41 billion to the Gates Foundation and four other foundations run by Buffett family members. \n</p>\n<p>\n  \"In 2006, I pledged to distribute all of my Berkshire Hathaway shares -- more than 99% of my net worth -- to philanthropy. With today's $4.1 billion distribution, I'm halfway there,\" Buffett wrote. Buffett's current estimated net worth is $104.4 billion, according to Forbes. \n</p>\n<p>\n  He added, \"After 16 years of pursuing my philanthropic plan, I'm delighted with its workings.\" \n</p>\n<p>\n  'I am truly grateful for his wisdom' \n</p>\n<p>\n  The Gates Foundation's share of the $4.1 billion donation Buffett announced Wednesday was more than $3.2 billion, which brings the total amount he's given to the Gates Foundation to nearly $33 billion, Suzman said. The other foundations that receive funding from Buffett are run by his family members. They are the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation. \n</p>\n<p>\n  \"The impact of his prodigious generosity is hard to quantify,\" Suzman said. Buffett's largesse has helped save millions of lives through the foundation's work on vaccines and eradicating deadly diseases such as HIV, tuberculosis and malaria, Suzman said, and it has also helped lift millions of people out of poverty. \n</p>\n<p>\n  \"More than ten years ago, when we first got word of Warren's gift to our foundation, we were speechless,\" Bill Gates said in a statement. \"It was the biggest single gift anyone had ever given anybody for anything.\" He added, \"But the value of Warren's gift goes beyond anything that can be measured. I am truly grateful for his wisdom and leadership, and most of all for his enduring friendship.\" \n</p>\n<p>\n  Melinda French Gates said, \"What made Warren's extraordinary investment in the foundation so meaningful was not only its amount but what it represented: an unwavering belief that everyone deserves to live a healthy, fulfilling life and an optimism that a world like that is possible.\" \n</p>\n<p>\n  'Tax deductions are important to many' \n</p>\n<p>\n  In his letter, Buffett also indirectly touched on recent revelations in the investigative news outlet ProPublica about billionaires  that the ultra-rich should be taxed more, said Wednesday that his philanthropic activities have led to a tax break of about 40 cents per $1,000 he's donated. \n</p>\n<p>\n  He explained that he doesn't get as big a tax break as he could for his philanthropy because he has relatively little income; most of his wealth comes from \"tax-paying businesses that I own through my Berkshire stockholdings, and Berkshire regularly reinvests earnings to further grow its output, employment and earnings.\" \n</p>\n<p>\n  Buffett added, \"Nevertheless, tax deductions are important to many -- particularly to the super-rich -- who give large amounts of cash or securities to philanthropy. It is fitting that Congress periodically revisits the tax policy for charitable contributions, particularly in respect to donors who get 'imaginative.'\" \n</p>\n<p>\n  Typically donors are allowed to deduct the value of charitable donations from their taxable income, though they usually have to itemize their deductions to claim the tax break. (In 2020, under the Cares Act, donors were allowed to deduct up to $300 in charitable contributions without itemizing.) \n</p>\n<p>\n  One critic of billionaire philanthropy took issue with Buffett's description of his tax situation. \"Buffett underestimates the taxpayer's subsidy for his private philanthropy,\" said Chuck Collins of the Institute for Policy Studies, a left-leaning think tank. \"The taxpayer subsidy is much larger for the super-wealthy.\" \n</p>\n<p>\n  For every dollar a billionaire gives to their own foundation or a charity, the taxpayer chips in as much as 74 cents in the form of lost tax revenue, Collins said, citing research  on charitable tax reform. \n</p>\n<p>\n  \"This is because billionaires are not just reducing their annual income tax, but also their reducing or eliminating future estate, gift, and capital gains taxes,\" Collins said. He added that the U.S. should consider capping the lifetime tax deduction for charitable giving to half a billion dollars. \n</p>\n<p>\n  A bill recently introduced in Congress would tweak some tax laws related to charitable giving  through donor-advised funds, but would not change the tax deductions individuals receive for donations they make directly to charities. \n</p>\n<p>\n  The 'heroes' of philanthropy \n</p>\n<p>\n  Buffett said in 2006 that he would hand over the bulk of his wealth to philanthropy, and that much of it would go to the foundation run by Microsoft co-founder Bill Gates and his wife Melinda. \n</p>\n<p>\n  In 2010, Buffett and the Gateses announced The Giving Pledge, and invited their fellow billionaires to join them. Signers of the pledge agree to give away most of their wealth either during their lifetimes or when they die. \n</p>\n<p>\n  Meeting that goal has proved challenging for many of the pledgers , because their money accumulates faster than they can give it away. \n</p>\n<p>\n  Buffett said in the letter that he doesn't count himself among the \"heroes\" of philanthropy. That designation, he said, goes to people who devote real time to working with people to better their lives, he said. That's not something he's done, Buffett said. He's said he's taken a hands-off approach and that even his role at the Gates Foundation was an \"inactive\" <a href=\"https://laohu8.com/S/AONE\">one</a>. \n</p>\n<p>\n  -Leslie Albrecht; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 27, 2021 09:27 ET (13:27 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett says he's halfway to giving away most of his fortune</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett says he's halfway to giving away most of his fortune\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-27 21:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Warren Buffett says he's halfway to giving away most of his fortune\n</p>\n<p>\n  Leslie Albrecht \n</p>\n<p>\n  Buffett has also resigned from the board of the Gates Foundation. Bill Gates said he was grateful for Buffett's 'enduring friendship' \n</p>\n<p>\n  Berkshire Hathaway (BRKA) CEO Warren Buffett has resigned from the board of the world's largest charitable foundation, but he's ending his tenure on a high note: he said he's halfway to his goal of giving away most of his wealth. \n</p>\n<p>\n  Buffett said he was leaving the board of the Bill and Melinda Gates Foundation in a Wednesday letter . That's a significant shake-up at the foundation, where there are only three board members: Buffett and Bill and Melinda Gates, who created the charitable organization in 2000. \n</p>\n<p>\n  The foundation's future was called into question  when Bill and Melinda Gates announced they were divorcing in May, but foundation leaders said at the time that the couple's split would change nothing at the foundation. \n</p>\n<p>\n  \"I know Warren's departure raises questions about the foundation's governance,\" Gates Foundation CEO Mark Suzman said in an email to foundation staff  Wednesday. Suzman said he, Buffett and the Gateses have been actively discussing \"approaches to strengthen our governance\" in the wake of the divorce announcement. Suzman said he would release more information in July. \n</p>\n<p>\n  Buffett, 90, noted that his departure from the Gates Foundation board comes as he's winding down other activities; he's stepped down from all other corporate boards other than Berkshire Hathaway's. \n</p>\n<p>\n  Buffett also said Wednesday that he had achieved a personal milestone by giving some $41 billion to the Gates Foundation and four other foundations run by Buffett family members. \n</p>\n<p>\n  \"In 2006, I pledged to distribute all of my Berkshire Hathaway shares -- more than 99% of my net worth -- to philanthropy. With today's $4.1 billion distribution, I'm halfway there,\" Buffett wrote. Buffett's current estimated net worth is $104.4 billion, according to Forbes. \n</p>\n<p>\n  He added, \"After 16 years of pursuing my philanthropic plan, I'm delighted with its workings.\" \n</p>\n<p>\n  'I am truly grateful for his wisdom' \n</p>\n<p>\n  The Gates Foundation's share of the $4.1 billion donation Buffett announced Wednesday was more than $3.2 billion, which brings the total amount he's given to the Gates Foundation to nearly $33 billion, Suzman said. The other foundations that receive funding from Buffett are run by his family members. They are the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation. \n</p>\n<p>\n  \"The impact of his prodigious generosity is hard to quantify,\" Suzman said. Buffett's largesse has helped save millions of lives through the foundation's work on vaccines and eradicating deadly diseases such as HIV, tuberculosis and malaria, Suzman said, and it has also helped lift millions of people out of poverty. \n</p>\n<p>\n  \"More than ten years ago, when we first got word of Warren's gift to our foundation, we were speechless,\" Bill Gates said in a statement. \"It was the biggest single gift anyone had ever given anybody for anything.\" He added, \"But the value of Warren's gift goes beyond anything that can be measured. I am truly grateful for his wisdom and leadership, and most of all for his enduring friendship.\" \n</p>\n<p>\n  Melinda French Gates said, \"What made Warren's extraordinary investment in the foundation so meaningful was not only its amount but what it represented: an unwavering belief that everyone deserves to live a healthy, fulfilling life and an optimism that a world like that is possible.\" \n</p>\n<p>\n  'Tax deductions are important to many' \n</p>\n<p>\n  In his letter, Buffett also indirectly touched on recent revelations in the investigative news outlet ProPublica about billionaires  that the ultra-rich should be taxed more, said Wednesday that his philanthropic activities have led to a tax break of about 40 cents per $1,000 he's donated. \n</p>\n<p>\n  He explained that he doesn't get as big a tax break as he could for his philanthropy because he has relatively little income; most of his wealth comes from \"tax-paying businesses that I own through my Berkshire stockholdings, and Berkshire regularly reinvests earnings to further grow its output, employment and earnings.\" \n</p>\n<p>\n  Buffett added, \"Nevertheless, tax deductions are important to many -- particularly to the super-rich -- who give large amounts of cash or securities to philanthropy. It is fitting that Congress periodically revisits the tax policy for charitable contributions, particularly in respect to donors who get 'imaginative.'\" \n</p>\n<p>\n  Typically donors are allowed to deduct the value of charitable donations from their taxable income, though they usually have to itemize their deductions to claim the tax break. (In 2020, under the Cares Act, donors were allowed to deduct up to $300 in charitable contributions without itemizing.) \n</p>\n<p>\n  One critic of billionaire philanthropy took issue with Buffett's description of his tax situation. \"Buffett underestimates the taxpayer's subsidy for his private philanthropy,\" said Chuck Collins of the Institute for Policy Studies, a left-leaning think tank. \"The taxpayer subsidy is much larger for the super-wealthy.\" \n</p>\n<p>\n  For every dollar a billionaire gives to their own foundation or a charity, the taxpayer chips in as much as 74 cents in the form of lost tax revenue, Collins said, citing research  on charitable tax reform. \n</p>\n<p>\n  \"This is because billionaires are not just reducing their annual income tax, but also their reducing or eliminating future estate, gift, and capital gains taxes,\" Collins said. He added that the U.S. should consider capping the lifetime tax deduction for charitable giving to half a billion dollars. \n</p>\n<p>\n  A bill recently introduced in Congress would tweak some tax laws related to charitable giving  through donor-advised funds, but would not change the tax deductions individuals receive for donations they make directly to charities. \n</p>\n<p>\n  The 'heroes' of philanthropy \n</p>\n<p>\n  Buffett said in 2006 that he would hand over the bulk of his wealth to philanthropy, and that much of it would go to the foundation run by Microsoft co-founder Bill Gates and his wife Melinda. \n</p>\n<p>\n  In 2010, Buffett and the Gateses announced The Giving Pledge, and invited their fellow billionaires to join them. Signers of the pledge agree to give away most of their wealth either during their lifetimes or when they die. \n</p>\n<p>\n  Meeting that goal has proved challenging for many of the pledgers , because their money accumulates faster than they can give it away. \n</p>\n<p>\n  Buffett said in the letter that he doesn't count himself among the \"heroes\" of philanthropy. That designation, he said, goes to people who devote real time to working with people to better their lives, he said. That's not something he's done, Buffett said. He's said he's taken a hands-off approach and that even his role at the Gates Foundation was an \"inactive\" <a href=\"https://laohu8.com/S/AONE\">one</a>. \n</p>\n<p>\n  -Leslie Albrecht; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 27, 2021 09:27 ET (13:27 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146022040","content_text":"MW Warren Buffett says he's halfway to giving away most of his fortune\n\n\n  Leslie Albrecht \n\n\n  Buffett has also resigned from the board of the Gates Foundation. Bill Gates said he was grateful for Buffett's 'enduring friendship' \n\n\n  Berkshire Hathaway (BRKA) CEO Warren Buffett has resigned from the board of the world's largest charitable foundation, but he's ending his tenure on a high note: he said he's halfway to his goal of giving away most of his wealth. \n\n\n  Buffett said he was leaving the board of the Bill and Melinda Gates Foundation in a Wednesday letter . That's a significant shake-up at the foundation, where there are only three board members: Buffett and Bill and Melinda Gates, who created the charitable organization in 2000. \n\n\n  The foundation's future was called into question  when Bill and Melinda Gates announced they were divorcing in May, but foundation leaders said at the time that the couple's split would change nothing at the foundation. \n\n\n  \"I know Warren's departure raises questions about the foundation's governance,\" Gates Foundation CEO Mark Suzman said in an email to foundation staff  Wednesday. Suzman said he, Buffett and the Gateses have been actively discussing \"approaches to strengthen our governance\" in the wake of the divorce announcement. Suzman said he would release more information in July. \n\n\n  Buffett, 90, noted that his departure from the Gates Foundation board comes as he's winding down other activities; he's stepped down from all other corporate boards other than Berkshire Hathaway's. \n\n\n  Buffett also said Wednesday that he had achieved a personal milestone by giving some $41 billion to the Gates Foundation and four other foundations run by Buffett family members. \n\n\n  \"In 2006, I pledged to distribute all of my Berkshire Hathaway shares -- more than 99% of my net worth -- to philanthropy. With today's $4.1 billion distribution, I'm halfway there,\" Buffett wrote. Buffett's current estimated net worth is $104.4 billion, according to Forbes. \n\n\n  He added, \"After 16 years of pursuing my philanthropic plan, I'm delighted with its workings.\" \n\n\n  'I am truly grateful for his wisdom' \n\n\n  The Gates Foundation's share of the $4.1 billion donation Buffett announced Wednesday was more than $3.2 billion, which brings the total amount he's given to the Gates Foundation to nearly $33 billion, Suzman said. The other foundations that receive funding from Buffett are run by his family members. They are the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation. \n\n\n  \"The impact of his prodigious generosity is hard to quantify,\" Suzman said. Buffett's largesse has helped save millions of lives through the foundation's work on vaccines and eradicating deadly diseases such as HIV, tuberculosis and malaria, Suzman said, and it has also helped lift millions of people out of poverty. \n\n\n  \"More than ten years ago, when we first got word of Warren's gift to our foundation, we were speechless,\" Bill Gates said in a statement. \"It was the biggest single gift anyone had ever given anybody for anything.\" He added, \"But the value of Warren's gift goes beyond anything that can be measured. I am truly grateful for his wisdom and leadership, and most of all for his enduring friendship.\" \n\n\n  Melinda French Gates said, \"What made Warren's extraordinary investment in the foundation so meaningful was not only its amount but what it represented: an unwavering belief that everyone deserves to live a healthy, fulfilling life and an optimism that a world like that is possible.\" \n\n\n  'Tax deductions are important to many' \n\n\n  In his letter, Buffett also indirectly touched on recent revelations in the investigative news outlet ProPublica about billionaires  that the ultra-rich should be taxed more, said Wednesday that his philanthropic activities have led to a tax break of about 40 cents per $1,000 he's donated. \n\n\n  He explained that he doesn't get as big a tax break as he could for his philanthropy because he has relatively little income; most of his wealth comes from \"tax-paying businesses that I own through my Berkshire stockholdings, and Berkshire regularly reinvests earnings to further grow its output, employment and earnings.\" \n\n\n  Buffett added, \"Nevertheless, tax deductions are important to many -- particularly to the super-rich -- who give large amounts of cash or securities to philanthropy. It is fitting that Congress periodically revisits the tax policy for charitable contributions, particularly in respect to donors who get 'imaginative.'\" \n\n\n  Typically donors are allowed to deduct the value of charitable donations from their taxable income, though they usually have to itemize their deductions to claim the tax break. (In 2020, under the Cares Act, donors were allowed to deduct up to $300 in charitable contributions without itemizing.) \n\n\n  One critic of billionaire philanthropy took issue with Buffett's description of his tax situation. \"Buffett underestimates the taxpayer's subsidy for his private philanthropy,\" said Chuck Collins of the Institute for Policy Studies, a left-leaning think tank. \"The taxpayer subsidy is much larger for the super-wealthy.\" \n\n\n  For every dollar a billionaire gives to their own foundation or a charity, the taxpayer chips in as much as 74 cents in the form of lost tax revenue, Collins said, citing research  on charitable tax reform. \n\n\n  \"This is because billionaires are not just reducing their annual income tax, but also their reducing or eliminating future estate, gift, and capital gains taxes,\" Collins said. He added that the U.S. should consider capping the lifetime tax deduction for charitable giving to half a billion dollars. \n\n\n  A bill recently introduced in Congress would tweak some tax laws related to charitable giving  through donor-advised funds, but would not change the tax deductions individuals receive for donations they make directly to charities. \n\n\n  The 'heroes' of philanthropy \n\n\n  Buffett said in 2006 that he would hand over the bulk of his wealth to philanthropy, and that much of it would go to the foundation run by Microsoft co-founder Bill Gates and his wife Melinda. \n\n\n  In 2010, Buffett and the Gateses announced The Giving Pledge, and invited their fellow billionaires to join them. Signers of the pledge agree to give away most of their wealth either during their lifetimes or when they die. \n\n\n  Meeting that goal has proved challenging for many of the pledgers , because their money accumulates faster than they can give it away. \n\n\n  Buffett said in the letter that he doesn't count himself among the \"heroes\" of philanthropy. That designation, he said, goes to people who devote real time to working with people to better their lives, he said. That's not something he's done, Buffett said. He's said he's taken a hands-off approach and that even his role at the Gates Foundation was an \"inactive\" one. \n\n\n  -Leslie Albrecht; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 27, 2021 09:27 ET (13:27 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"BRK.A":1,"BRK.B":1}},"isVote":1,"tweetType":1,"viewCount":2051,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125926608,"gmtCreate":1624642386404,"gmtModify":1703842696652,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573744122217343","authorIdStr":"3573744122217343"},"themes":[],"htmlText":"Nndm hold&nbsp;","listText":"Nndm hold&nbsp;","text":"Nndm 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Fans]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/195897008","repostId":"1177712976","repostType":4,"repost":{"id":"1177712976","kind":"news","pubTimestamp":1621213509,"share":"https://ttm.financial/m/news/1177712976?lang=en_US&edition=fundamental","pubTime":"2021-05-17 09:05","market":"us","language":"en","title":"IPO Preview: SquareSpace, Procure Technologies And Oatly Are This Week's Offerings","url":"https://stock-news.laohu8.com/highlight/detail?id=1177712976","media":"benzinga","summary":"There are only three offerings scheduled for the trading week beginning May 17. The offerings include an online platform for businesses, a construction management company and the global leader of oat milk.SquareSpace has 3.7 million unique subscribers in 180 countries. Revenue was $621 million for SquareSpace in 2020, up 28% year-over-year. In the first quarter of 2021, revenue for SquareSpace was $179.6 million.In March, SquareSpace acquired Tock, a hospitality platform and application system, ","content":"<div>\n<p>There are only three offerings scheduled for the trading week beginning May 17. The offerings include an online platform for businesses, a construction management company and the global leader of oat ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/05/21143868/ipo-preview-squarespace-procure-technologies-and-oatly-are-this-weeks-offerings\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IPO Preview: SquareSpace, Procure Technologies And Oatly Are This Week's Offerings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIPO Preview: SquareSpace, Procure Technologies And Oatly Are This Week's Offerings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/05/21143868/ipo-preview-squarespace-procure-technologies-and-oatly-are-this-weeks-offerings><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are only three offerings scheduled for the trading week beginning May 17. The offerings include an online platform for businesses, a construction management company and the global leader of oat ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/05/21143868/ipo-preview-squarespace-procure-technologies-and-oatly-are-this-weeks-offerings\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6a531a6f7b6d1339dada82e8a701e8cf","relate_stocks":{"OTLY":"Oatly Group AB","SQSP":"Squarespace Inc.","PCOR":"Procore Technologies"},"source_url":"https://www.benzinga.com/news/21/05/21143868/ipo-preview-squarespace-procure-technologies-and-oatly-are-this-weeks-offerings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177712976","content_text":"There are only three offerings scheduled for the trading week beginning May 17. The offerings include an online platform for businesses, a construction management company and the global leader of oat milk.SquareSpace:Offering an all-in-one platform for small and medium sized businesses to manage their online presence,SquareSpace is one of the largest in the market. The companyseeksto help people stand out and succeed by offering help with online presence, commerce and marketing.SquareSpace has 3.7 million unique subscribers in 180 countries. Revenue was $621 million for SquareSpace in 2020, up 28% year-over-year. In the first quarter of 2021, revenue for SquareSpace was $179.6 million.In March, SquareSpace acquired Tock, a hospitality platform and application system, for $415 million, which could help with additional expansion.The company estimates that 46% of U.S. small and midsize businesses are not online today, offering room for expansion for SquareSpace.SquareSpace is selling 40.4 million shares in adirect listing.Procure Technologies:Cloud-based construction management software company Procure Technologies plans to sell 9.5 million shares at a price point of $60 to $65. The company is helping digitize a construction industry that still has low market penetration.Procure had $400 million in revenue in 2020, up 38% year-over-year. Procure has over 800 customers that represent $100,000 in annual revenue. Over 60% of customers subscribe to three or more Procure products. The company reports 1.6 million users in over 125 countries.Since 2014, Procure has helped manage over 1 million projects representing over $1 trillion in construction ideas. The total addressable market size for construction software is listed as $12.4 billion and growing. The construction market represents 13% of the global gross domestic product.Oatly Group:Theworld’s largest oatmilk company Oatly Group is going publicwith an offering of 84.4 million ADS at a price point of $15 to $17.The company offers dozens of products at over 60,000 retail points of sale and more than 32,000 coffee shops. Customers include Starbucks Corp ,Target Corporation and Tesco.Oatly was founded in Sweden, where the company commands a strong 53% market share for alternative dairy products. In the United States, Oatly had 182% year-over-year growth in the retail segment for 2020.The company is using a food service-led expansion strategy to enter new markets and gain brand recognition. Oatly entered China in 2018 and is now present in over 8,000 locations through partnerships with Starbucks China and Alibaba Group Holding.The company had revenue of $421.4 million in 2020, up 106.5% year-over-year. Revenue for the first three months of 2021 was $140.1 million, up 66.2% year-over-year. Revenue in 2020 was split 64% EMEA region, 24% Americas and 13% Asia. The company got 71% of 2020 revenue from the food retail segment and 25% from foodservice.The global retail milk industry is worth an estimated $179 billion.","news_type":1,"symbols_score_info":{"OTLY":0.9,"SQSP":0.9,"PCOR":0.9}},"isVote":1,"tweetType":1,"viewCount":996,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195894648,"gmtCreate":1621268126784,"gmtModify":1704354961168,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573744122217343","authorIdStr":"3573744122217343"},"themes":[],"htmlText":"Nio will continue drop","listText":"Nio will continue drop","text":"Nio will continue drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195894648","isVote":1,"tweetType":1,"viewCount":964,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196440682,"gmtCreate":1621099920546,"gmtModify":1704352890517,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573744122217343","authorIdStr":"3573744122217343"},"themes":[],"htmlText":"Hi hi hi","listText":"Hi hi hi","text":"Hi hi hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/196440682","isVote":1,"tweetType":1,"viewCount":1171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199084514,"gmtCreate":1620657130938,"gmtModify":1704346291867,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573744122217343","authorIdStr":"3573744122217343"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/199084514","repostId":"1133541682","repostType":2,"repost":{"id":"1133541682","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620654001,"share":"https://ttm.financial/m/news/1133541682?lang=en_US&edition=fundamental","pubTime":"2021-05-10 21:40","market":"us","language":"en","title":"The Nasdaq dipped about 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1133541682","media":"Tiger Newspress","summary":"(May 10) The Nasdaq dipped about 1%.","content":"<p>(May 10)&nbsp;The Nasdaq dipped about 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/8312b41440a470b1711706b5762ccec0\" tg-width=\"1137\" tg-height=\"527\"></p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Nasdaq dipped about 1%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; 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charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Nasdaq dipped about 1%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Nasdaq dipped about 1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-10 21:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 10)&nbsp;The Nasdaq dipped about 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/8312b41440a470b1711706b5762ccec0\" tg-width=\"1137\" tg-height=\"527\"></p>\n<p></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133541682","content_text":"(May 10) The Nasdaq dipped about 1%.","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":199084514,"gmtCreate":1620657130938,"gmtModify":1704346291867,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/199084514","repostId":"1133541682","repostType":2,"repost":{"id":"1133541682","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620654001,"share":"https://ttm.financial/m/news/1133541682?lang=en_US&edition=fundamental","pubTime":"2021-05-10 21:40","market":"us","language":"en","title":"The Nasdaq dipped about 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1133541682","media":"Tiger Newspress","summary":"(May 10) The Nasdaq dipped about 1%.","content":"<p>(May 10)&nbsp;The Nasdaq dipped about 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/8312b41440a470b1711706b5762ccec0\" tg-width=\"1137\" tg-height=\"527\"></p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Energy and materials SPLRCM both hit fresh highs.</p><p>The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&amp;P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.</p><p>For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&amp;P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.</p><p>“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.</p><p>A raft of upbeat earnings also helped stocks, and S&amp;P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.</p><p>Payments firm <a href=\"https://laohu8.com/S/SQ\">Square</a> Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)</p><p>Streaming device maker <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)</p><p><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 164 new 52-week highs and <a href=\"https://laohu8.com/S/AONE\">one</a> new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.</p><p>Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500, Dow hit record highs as weak jobs data eases rate worries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500, Dow hit record highs as weak jobs data eases rate worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the Nasdaq recovered after U.S. jobs data eased concerns over prospects for rising rates.U.S. job ...</p>\n\n<a href=\"https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500 ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","EXPE":"Expedia","OEF":"标普100指数ETF-iShares","AAPL":"苹果",".IXIC":"NASDAQ Composite","ROKU":"Roku Inc","SH":"做空标普500-Proshares","OEX":"标普100",".SPX":"S&P 500 Index","MSFT":"微软","UPRO":"三倍做多标普500ETF-ProShares","IVV":"标普500ETF-iShares",".DJI":"道琼斯","SPXU":"三倍做空标普500ETF-ProShares","SPY":"标普500ETF"},"source_url":"https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120904578","content_text":"The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the Nasdaq recovered after U.S. jobs data eased concerns over prospects for rising rates.U.S. job growth unexpectedly slowed in April, likely restrained by shortages of workers, the Labor Department report showed.The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.Heavily-weighted growth stocks such as Microsoft Corp MSFT.O and Apple Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&P 500 and Nasdaq their biggest boosts.But gains were broad-based, with all major S&P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.A raft of upbeat earnings also helped stocks, and S&P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.Payments firm Square Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)Streaming device maker Roku Inc ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)Expedia Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.The S&P 500 posted 164 new 52-week highs and one new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SPXU":0.9,"ESmain":0.9,"UPRO":0.9,"SSO":0.9,"SDS":0.9,".IXIC":0.9,"SQ":0.9,"EXPE":0.9,"SH":0.9,".DJI":0.9,"IVV":0.9,"SPY":0.9,"ROKU":0.9,"OEF":0.9,"AAPL":0.9,"OEX":0.9,".SPX":0.9,"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":557,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110356074,"gmtCreate":1622426820598,"gmtModify":1704184212192,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/110356074","repostId":"2139487279","repostType":4,"isVote":1,"tweetType":1,"viewCount":779,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105453411,"gmtCreate":1620320414133,"gmtModify":1704341976358,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105453411","repostId":"1188985089","repostType":4,"repost":{"id":"1188985089","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620309854,"share":"https://ttm.financial/m/news/1188985089?lang=en_US&edition=fundamental","pubTime":"2021-05-06 22:04","market":"other","language":"en","title":"Yale's chief investment manager David Swensen dies at 67","url":"https://stock-news.laohu8.com/highlight/detail?id=1188985089","media":"Tiger Newspress","summary":"David Swensen, the head of Yale University’s endowment who helped reshape how institutions manage th","content":"<p>David Swensen, the head of Yale University’s endowment who helped reshape how institutions manage their money, has died from cancer aged 67.</p><p>After stints at Salomon Brothers and Lehman Brothers, Swensen returned to his alma mater in 1985 to lead its investment office. At the time, endowments were typically conservatively managed, but Swensen overhauled the model dramatically, taking advantage of their long-term focus to invest heavily in the nascent private equity and hedge fund industries.</p><p>His approach was so successful it revolutionised how endowments and many other institutional investors allocate their money, and the “Yale model” spread and helped change the wider investment industry.</p><p>“With his guidance, Yale’s endowment yielded returns that established him as a legend among institutional investors,” Peter Salovey, Yale’s president, said in a statement. “A natural teacher, he prepared a generation of institutional investors who have gone on to lead investment offices at other colleges and universities, further extending the scope of David’s influence.”</p><p>The Yale Investments Office managed $31.2bn as of June 2020, and says it has averaged annual returns of 12. 4 per cent a year over the past three decades. In the 2021 fiscal year its contributions accounted for over a third of the university’s overall revenues.</p><p>Almost a quarter of the endowment is invested in venture capital, and combined with private equity, hedge funds and real estate, so-called “alternative” investments account for nearly three quarters of its assets.</p><p><b>Early life and education</b></p><p>David F. Swensen was born inRiver Falls, Wisconsin. His father, Richard Swensen, was a chemistry professor and dean at the University of Wisconsin-River Falls. His mother, Grace, after raising six children, became a Lutheran minister. After graduating from River Falls High School in 1971 Swensen elected to stay in his hometown of River Falls and receive hisB.A.andB.S.in 1975 from theUniversity of Wisconsin-River Fallswhere his father Richard Swensen was a professor. Swensen pursued a PhD ineconomicsat Yale, where he wrote hisdissertation,<i>A Model for the Valuation ofCorporate Bonds.</i>One of Swensen's dissertation advisers at Yale wasJames Tobin, a top economic adviser toJohn F. Kennedyadministration and a future Nobel Prize laureate in economics. According to Charles Ellis, founder of Greenwich Associates and former chair of Yale's investment committee, \"When it snowed, David went to Jim's house to shovel the sidewalk\". James Tobin's Nobel Prize, among other things, was for his contribution in creation of Modern Portfolio Theory. Swensen was fascinated by the idea of Modern Portfolio Theory. During his 2018 reunion speech Swensen said: \"For a given level of return, if you diversify you can get that return at lower risk. For a given level of risk, if you diversify you can get a higher return. That's pretty cool! Free lunch!\"</p><p><b>Investment career</b></p><p>Swensen began his investment career in the early 1980s, and has since advised theCarnegie Corporation, theNew York Stock Exchange, theHoward Hughes Medical Institute, theCourtauld Institute of Art, theYale-New Haven Hospital, The Investment Fund for Foundations (TIFF), theEdna McConnell Clark Foundation, and the States of&nbsp;Connecticut&nbsp;and&nbsp;Massachusetts.</p><p><b>Salomon Brothers</b></p><p>Following his academic interest in valuation of corporate bonds, Swensen joined Salomon Brothers in 1980. This career move was suggested by a Salomon Brothers investment banker and Yale alumni, Gene Dattel, who was deeply impressed by Swensen. In 1981 Swensen worked to structure the world's first swap agreement, a deal betweenIBMand theWorld Bankwhich allowed to hedge their exposure to Swiss francs and German marks.</p><p><b>Lehman Brothers</b></p><p>Prior to joining Yale in 1985, Swensen spent six years onWall Streetas senior vice president atLehman Brothers,&nbsp;specializing in the firm'sswapactivities, and as an associate incorporate financeforSalomon Brothers(here he worked for three years prior to joining Lehman Brothers), where his work focused on developing new financial technologies. Swensen engineered the first swap transaction according to<i>When Genius Failed: The Rise and Fall of Long-Term Capital Management</i>byRoger Lowenstein.</p><p><b>Yale University endowment</b></p><p>Swensen was tapped to serve as the Yale endowment manager at age 31 in 1985.&nbsp;This position was offered by Swensen's other dissertation adviser, Yale's provost,William Brainard. Swensen's candidacy was suggested by James Tobin, who, despite his former student's young age, believed he could be the right person. Swensen was hesitant about taking the job at first, since he did not know much about portfolio management aside from his studies in graduate school. Nevertheless, Brainard convinced him to take the position and Swensen started on April 1, 1985 by taking 80% pay cut.&nbsp;A year later, in 1986, he was joined by Yale College and School of Management graduate Dean Takahashi, who soon became Swensen's trusted deputy. In 1985, when Swensen started managing the endowment, it was worth $1 billion; in 2019 it was worth $29.4 billion.</p><p>As of 2005, the fund has managed annualized returns of 16.1%. He has been called \"Yale's 8 billion dollar man\" for his attainment of nearly $8 billion for the college endowment from 1985 to 2005.&nbsp;According to former Yale President, economistRichard Levin, Swensen's \"contribution\" to Yale is greater than the sum of all the donations made in more than two decades. \"We've just done better,\" Levin says, because of Swensen's \"uncanny ability\" to pick the best outside money managers. Swensen's former staff members, who later became managers of other endowment funds - includingMIT,StanfordandPrinceton- also showed impressive results in multiplying fund wealth.</p><p>In September 2014, Swensen began to move the Yale endowment away from investment in companies that have a large greenhouse footprint, expressing Yale's preferences in a letter to the endowment's money managers. The letter asked them to consider the effect of their investments on climate change, and to refrain from investing in companies that do not make reasonable efforts to reduce carbon emissions. This method was characterized by Swensen as a more subtle and flexible approach, as opposed to outright divestment.</p><p>Swensen made headlines on March 5, 2018 for arguing with the undergraduate editor-in-chief of the<i>Yale Daily News</i>. Swensen called the editor-in-chief a \"coward\" for deleting an inaccurate sentence and removing a footnote in an op-ed that he submitted to the paper; his column, which he required to be published unedited, responded to a student teach-in that criticized companies allegedly in the Yale portfolio.</p><p><b>Unconventional success</b></p><p>In 2005, Swensen wrote a book called<i>Unconventional Success,</i>which is an investment guide for the individual investor. The general strategy that he presents can be boiled down to the following three main points of advice:</p><ul><li>The investor should construct a portfolio with money allocated to 6 core asset classes, diversifying among them and biasing toward the equity sections.</li><li>The investor should rebalance the portfolio on a regular basis (rebalancingback to the original weightings of the asset classes in the portfolio).</li><li>In the absence of confidence in a market-beating strategy, invest in low-costindex fundsandexchange-traded funds. The investor should be very watchful of costs as some indices are poorly constructed and some fund companies charge excessive fees (or generate large tax liabilities).</li></ul><p>He slams manymutual fundcompanies for charging excessive fees and not living up to their fiduciary responsibility. He highlights the conflict of interest inherent in the mutual funds, claiming they want high fee, high turnover funds while investors want the opposite.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yale's chief investment manager David Swensen dies at 67</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYale's chief investment manager David Swensen dies at 67\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 22:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>David Swensen, the head of Yale University’s endowment who helped reshape how institutions manage their money, has died from cancer aged 67.</p><p>After stints at Salomon Brothers and Lehman Brothers, Swensen returned to his alma mater in 1985 to lead its investment office. At the time, endowments were typically conservatively managed, but Swensen overhauled the model dramatically, taking advantage of their long-term focus to invest heavily in the nascent private equity and hedge fund industries.</p><p>His approach was so successful it revolutionised how endowments and many other institutional investors allocate their money, and the “Yale model” spread and helped change the wider investment industry.</p><p>“With his guidance, Yale’s endowment yielded returns that established him as a legend among institutional investors,” Peter Salovey, Yale’s president, said in a statement. “A natural teacher, he prepared a generation of institutional investors who have gone on to lead investment offices at other colleges and universities, further extending the scope of David’s influence.”</p><p>The Yale Investments Office managed $31.2bn as of June 2020, and says it has averaged annual returns of 12. 4 per cent a year over the past three decades. In the 2021 fiscal year its contributions accounted for over a third of the university’s overall revenues.</p><p>Almost a quarter of the endowment is invested in venture capital, and combined with private equity, hedge funds and real estate, so-called “alternative” investments account for nearly three quarters of its assets.</p><p><b>Early life and education</b></p><p>David F. Swensen was born inRiver Falls, Wisconsin. His father, Richard Swensen, was a chemistry professor and dean at the University of Wisconsin-River Falls. His mother, Grace, after raising six children, became a Lutheran minister. After graduating from River Falls High School in 1971 Swensen elected to stay in his hometown of River Falls and receive hisB.A.andB.S.in 1975 from theUniversity of Wisconsin-River Fallswhere his father Richard Swensen was a professor. Swensen pursued a PhD ineconomicsat Yale, where he wrote hisdissertation,<i>A Model for the Valuation ofCorporate Bonds.</i>One of Swensen's dissertation advisers at Yale wasJames Tobin, a top economic adviser toJohn F. Kennedyadministration and a future Nobel Prize laureate in economics. According to Charles Ellis, founder of Greenwich Associates and former chair of Yale's investment committee, \"When it snowed, David went to Jim's house to shovel the sidewalk\". James Tobin's Nobel Prize, among other things, was for his contribution in creation of Modern Portfolio Theory. Swensen was fascinated by the idea of Modern Portfolio Theory. During his 2018 reunion speech Swensen said: \"For a given level of return, if you diversify you can get that return at lower risk. For a given level of risk, if you diversify you can get a higher return. That's pretty cool! Free lunch!\"</p><p><b>Investment career</b></p><p>Swensen began his investment career in the early 1980s, and has since advised theCarnegie Corporation, theNew York Stock Exchange, theHoward Hughes Medical Institute, theCourtauld Institute of Art, theYale-New Haven Hospital, The Investment Fund for Foundations (TIFF), theEdna McConnell Clark Foundation, and the States of&nbsp;Connecticut&nbsp;and&nbsp;Massachusetts.</p><p><b>Salomon Brothers</b></p><p>Following his academic interest in valuation of corporate bonds, Swensen joined Salomon Brothers in 1980. This career move was suggested by a Salomon Brothers investment banker and Yale alumni, Gene Dattel, who was deeply impressed by Swensen. In 1981 Swensen worked to structure the world's first swap agreement, a deal betweenIBMand theWorld Bankwhich allowed to hedge their exposure to Swiss francs and German marks.</p><p><b>Lehman Brothers</b></p><p>Prior to joining Yale in 1985, Swensen spent six years onWall Streetas senior vice president atLehman Brothers,&nbsp;specializing in the firm'sswapactivities, and as an associate incorporate financeforSalomon Brothers(here he worked for three years prior to joining Lehman Brothers), where his work focused on developing new financial technologies. Swensen engineered the first swap transaction according to<i>When Genius Failed: The Rise and Fall of Long-Term Capital Management</i>byRoger Lowenstein.</p><p><b>Yale University endowment</b></p><p>Swensen was tapped to serve as the Yale endowment manager at age 31 in 1985.&nbsp;This position was offered by Swensen's other dissertation adviser, Yale's provost,William Brainard. Swensen's candidacy was suggested by James Tobin, who, despite his former student's young age, believed he could be the right person. Swensen was hesitant about taking the job at first, since he did not know much about portfolio management aside from his studies in graduate school. Nevertheless, Brainard convinced him to take the position and Swensen started on April 1, 1985 by taking 80% pay cut.&nbsp;A year later, in 1986, he was joined by Yale College and School of Management graduate Dean Takahashi, who soon became Swensen's trusted deputy. In 1985, when Swensen started managing the endowment, it was worth $1 billion; in 2019 it was worth $29.4 billion.</p><p>As of 2005, the fund has managed annualized returns of 16.1%. He has been called \"Yale's 8 billion dollar man\" for his attainment of nearly $8 billion for the college endowment from 1985 to 2005.&nbsp;According to former Yale President, economistRichard Levin, Swensen's \"contribution\" to Yale is greater than the sum of all the donations made in more than two decades. \"We've just done better,\" Levin says, because of Swensen's \"uncanny ability\" to pick the best outside money managers. Swensen's former staff members, who later became managers of other endowment funds - includingMIT,StanfordandPrinceton- also showed impressive results in multiplying fund wealth.</p><p>In September 2014, Swensen began to move the Yale endowment away from investment in companies that have a large greenhouse footprint, expressing Yale's preferences in a letter to the endowment's money managers. The letter asked them to consider the effect of their investments on climate change, and to refrain from investing in companies that do not make reasonable efforts to reduce carbon emissions. This method was characterized by Swensen as a more subtle and flexible approach, as opposed to outright divestment.</p><p>Swensen made headlines on March 5, 2018 for arguing with the undergraduate editor-in-chief of the<i>Yale Daily News</i>. Swensen called the editor-in-chief a \"coward\" for deleting an inaccurate sentence and removing a footnote in an op-ed that he submitted to the paper; his column, which he required to be published unedited, responded to a student teach-in that criticized companies allegedly in the Yale portfolio.</p><p><b>Unconventional success</b></p><p>In 2005, Swensen wrote a book called<i>Unconventional Success,</i>which is an investment guide for the individual investor. The general strategy that he presents can be boiled down to the following three main points of advice:</p><ul><li>The investor should construct a portfolio with money allocated to 6 core asset classes, diversifying among them and biasing toward the equity sections.</li><li>The investor should rebalance the portfolio on a regular basis (rebalancingback to the original weightings of the asset classes in the portfolio).</li><li>In the absence of confidence in a market-beating strategy, invest in low-costindex fundsandexchange-traded funds. The investor should be very watchful of costs as some indices are poorly constructed and some fund companies charge excessive fees (or generate large tax liabilities).</li></ul><p>He slams manymutual fundcompanies for charging excessive fees and not living up to their fiduciary responsibility. He highlights the conflict of interest inherent in the mutual funds, claiming they want high fee, high turnover funds while investors want the opposite.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188985089","content_text":"David Swensen, the head of Yale University’s endowment who helped reshape how institutions manage their money, has died from cancer aged 67.After stints at Salomon Brothers and Lehman Brothers, Swensen returned to his alma mater in 1985 to lead its investment office. At the time, endowments were typically conservatively managed, but Swensen overhauled the model dramatically, taking advantage of their long-term focus to invest heavily in the nascent private equity and hedge fund industries.His approach was so successful it revolutionised how endowments and many other institutional investors allocate their money, and the “Yale model” spread and helped change the wider investment industry.“With his guidance, Yale’s endowment yielded returns that established him as a legend among institutional investors,” Peter Salovey, Yale’s president, said in a statement. “A natural teacher, he prepared a generation of institutional investors who have gone on to lead investment offices at other colleges and universities, further extending the scope of David’s influence.”The Yale Investments Office managed $31.2bn as of June 2020, and says it has averaged annual returns of 12. 4 per cent a year over the past three decades. In the 2021 fiscal year its contributions accounted for over a third of the university’s overall revenues.Almost a quarter of the endowment is invested in venture capital, and combined with private equity, hedge funds and real estate, so-called “alternative” investments account for nearly three quarters of its assets.Early life and educationDavid F. Swensen was born inRiver Falls, Wisconsin. His father, Richard Swensen, was a chemistry professor and dean at the University of Wisconsin-River Falls. His mother, Grace, after raising six children, became a Lutheran minister. After graduating from River Falls High School in 1971 Swensen elected to stay in his hometown of River Falls and receive hisB.A.andB.S.in 1975 from theUniversity of Wisconsin-River Fallswhere his father Richard Swensen was a professor. Swensen pursued a PhD ineconomicsat Yale, where he wrote hisdissertation,A Model for the Valuation ofCorporate Bonds.One of Swensen's dissertation advisers at Yale wasJames Tobin, a top economic adviser toJohn F. Kennedyadministration and a future Nobel Prize laureate in economics. According to Charles Ellis, founder of Greenwich Associates and former chair of Yale's investment committee, \"When it snowed, David went to Jim's house to shovel the sidewalk\". James Tobin's Nobel Prize, among other things, was for his contribution in creation of Modern Portfolio Theory. Swensen was fascinated by the idea of Modern Portfolio Theory. During his 2018 reunion speech Swensen said: \"For a given level of return, if you diversify you can get that return at lower risk. For a given level of risk, if you diversify you can get a higher return. That's pretty cool! Free lunch!\"Investment careerSwensen began his investment career in the early 1980s, and has since advised theCarnegie Corporation, theNew York Stock Exchange, theHoward Hughes Medical Institute, theCourtauld Institute of Art, theYale-New Haven Hospital, The Investment Fund for Foundations (TIFF), theEdna McConnell Clark Foundation, and the States of Connecticut and Massachusetts.Salomon BrothersFollowing his academic interest in valuation of corporate bonds, Swensen joined Salomon Brothers in 1980. This career move was suggested by a Salomon Brothers investment banker and Yale alumni, Gene Dattel, who was deeply impressed by Swensen. In 1981 Swensen worked to structure the world's first swap agreement, a deal betweenIBMand theWorld Bankwhich allowed to hedge their exposure to Swiss francs and German marks.Lehman BrothersPrior to joining Yale in 1985, Swensen spent six years onWall Streetas senior vice president atLehman Brothers, specializing in the firm'sswapactivities, and as an associate incorporate financeforSalomon Brothers(here he worked for three years prior to joining Lehman Brothers), where his work focused on developing new financial technologies. Swensen engineered the first swap transaction according toWhen Genius Failed: The Rise and Fall of Long-Term Capital ManagementbyRoger Lowenstein.Yale University endowmentSwensen was tapped to serve as the Yale endowment manager at age 31 in 1985. This position was offered by Swensen's other dissertation adviser, Yale's provost,William Brainard. Swensen's candidacy was suggested by James Tobin, who, despite his former student's young age, believed he could be the right person. Swensen was hesitant about taking the job at first, since he did not know much about portfolio management aside from his studies in graduate school. Nevertheless, Brainard convinced him to take the position and Swensen started on April 1, 1985 by taking 80% pay cut. A year later, in 1986, he was joined by Yale College and School of Management graduate Dean Takahashi, who soon became Swensen's trusted deputy. In 1985, when Swensen started managing the endowment, it was worth $1 billion; in 2019 it was worth $29.4 billion.As of 2005, the fund has managed annualized returns of 16.1%. He has been called \"Yale's 8 billion dollar man\" for his attainment of nearly $8 billion for the college endowment from 1985 to 2005. According to former Yale President, economistRichard Levin, Swensen's \"contribution\" to Yale is greater than the sum of all the donations made in more than two decades. \"We've just done better,\" Levin says, because of Swensen's \"uncanny ability\" to pick the best outside money managers. Swensen's former staff members, who later became managers of other endowment funds - includingMIT,StanfordandPrinceton- also showed impressive results in multiplying fund wealth.In September 2014, Swensen began to move the Yale endowment away from investment in companies that have a large greenhouse footprint, expressing Yale's preferences in a letter to the endowment's money managers. The letter asked them to consider the effect of their investments on climate change, and to refrain from investing in companies that do not make reasonable efforts to reduce carbon emissions. This method was characterized by Swensen as a more subtle and flexible approach, as opposed to outright divestment.Swensen made headlines on March 5, 2018 for arguing with the undergraduate editor-in-chief of theYale Daily News. Swensen called the editor-in-chief a \"coward\" for deleting an inaccurate sentence and removing a footnote in an op-ed that he submitted to the paper; his column, which he required to be published unedited, responded to a student teach-in that criticized companies allegedly in the Yale portfolio.Unconventional successIn 2005, Swensen wrote a book calledUnconventional Success,which is an investment guide for the individual investor. The general strategy that he presents can be boiled down to the following three main points of advice:The investor should construct a portfolio with money allocated to 6 core asset classes, diversifying among them and biasing toward the equity sections.The investor should rebalance the portfolio on a regular basis (rebalancingback to the original weightings of the asset classes in the portfolio).In the absence of confidence in a market-beating strategy, invest in low-costindex fundsandexchange-traded funds. The investor should be very watchful of costs as some indices are poorly constructed and some fund companies charge excessive fees (or generate large tax liabilities).He slams manymutual fundcompanies for charging excessive fees and not living up to their fiduciary responsibility. He highlights the conflict of interest inherent in the mutual funds, claiming they want high fee, high turnover funds while investors want the opposite.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195897008,"gmtCreate":1621268149704,"gmtModify":1704354961816,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Hold it//<a href=\"https://laohu8.com/U/3578102941576844\">@Andysoo</a>: [Money Fans] &nbsp; [Money Fans] &nbsp;","listText":"Hold it//<a href=\"https://laohu8.com/U/3578102941576844\">@Andysoo</a>: [Money Fans] &nbsp; [Money Fans] &nbsp;","text":"Hold it//@Andysoo: [Money Fans] [Money Fans]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/195897008","repostId":"1177712976","repostType":4,"repost":{"id":"1177712976","kind":"news","pubTimestamp":1621213509,"share":"https://ttm.financial/m/news/1177712976?lang=en_US&edition=fundamental","pubTime":"2021-05-17 09:05","market":"us","language":"en","title":"IPO Preview: SquareSpace, Procure Technologies And Oatly Are This Week's Offerings","url":"https://stock-news.laohu8.com/highlight/detail?id=1177712976","media":"benzinga","summary":"There are only three offerings scheduled for the trading week beginning May 17. The offerings include an online platform for businesses, a construction management company and the global leader of oat milk.SquareSpace has 3.7 million unique subscribers in 180 countries. Revenue was $621 million for SquareSpace in 2020, up 28% year-over-year. In the first quarter of 2021, revenue for SquareSpace was $179.6 million.In March, SquareSpace acquired Tock, a hospitality platform and application system, ","content":"<div>\n<p>There are only three offerings scheduled for the trading week beginning May 17. The offerings include an online platform for businesses, a construction management company and the global leader of oat ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/05/21143868/ipo-preview-squarespace-procure-technologies-and-oatly-are-this-weeks-offerings\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IPO Preview: SquareSpace, Procure Technologies And Oatly Are This Week's Offerings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIPO Preview: SquareSpace, Procure Technologies And Oatly Are This Week's Offerings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/05/21143868/ipo-preview-squarespace-procure-technologies-and-oatly-are-this-weeks-offerings><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are only three offerings scheduled for the trading week beginning May 17. The offerings include an online platform for businesses, a construction management company and the global leader of oat ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/05/21143868/ipo-preview-squarespace-procure-technologies-and-oatly-are-this-weeks-offerings\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6a531a6f7b6d1339dada82e8a701e8cf","relate_stocks":{"OTLY":"Oatly Group AB","SQSP":"Squarespace Inc.","PCOR":"Procore Technologies"},"source_url":"https://www.benzinga.com/news/21/05/21143868/ipo-preview-squarespace-procure-technologies-and-oatly-are-this-weeks-offerings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177712976","content_text":"There are only three offerings scheduled for the trading week beginning May 17. The offerings include an online platform for businesses, a construction management company and the global leader of oat milk.SquareSpace:Offering an all-in-one platform for small and medium sized businesses to manage their online presence,SquareSpace is one of the largest in the market. The companyseeksto help people stand out and succeed by offering help with online presence, commerce and marketing.SquareSpace has 3.7 million unique subscribers in 180 countries. Revenue was $621 million for SquareSpace in 2020, up 28% year-over-year. In the first quarter of 2021, revenue for SquareSpace was $179.6 million.In March, SquareSpace acquired Tock, a hospitality platform and application system, for $415 million, which could help with additional expansion.The company estimates that 46% of U.S. small and midsize businesses are not online today, offering room for expansion for SquareSpace.SquareSpace is selling 40.4 million shares in adirect listing.Procure Technologies:Cloud-based construction management software company Procure Technologies plans to sell 9.5 million shares at a price point of $60 to $65. The company is helping digitize a construction industry that still has low market penetration.Procure had $400 million in revenue in 2020, up 38% year-over-year. Procure has over 800 customers that represent $100,000 in annual revenue. Over 60% of customers subscribe to three or more Procure products. The company reports 1.6 million users in over 125 countries.Since 2014, Procure has helped manage over 1 million projects representing over $1 trillion in construction ideas. The total addressable market size for construction software is listed as $12.4 billion and growing. The construction market represents 13% of the global gross domestic product.Oatly Group:Theworld’s largest oatmilk company Oatly Group is going publicwith an offering of 84.4 million ADS at a price point of $15 to $17.The company offers dozens of products at over 60,000 retail points of sale and more than 32,000 coffee shops. Customers include Starbucks Corp ,Target Corporation and Tesco.Oatly was founded in Sweden, where the company commands a strong 53% market share for alternative dairy products. In the United States, Oatly had 182% year-over-year growth in the retail segment for 2020.The company is using a food service-led expansion strategy to enter new markets and gain brand recognition. Oatly entered China in 2018 and is now present in over 8,000 locations through partnerships with Starbucks China and Alibaba Group Holding.The company had revenue of $421.4 million in 2020, up 106.5% year-over-year. Revenue for the first three months of 2021 was $140.1 million, up 66.2% year-over-year. Revenue in 2020 was split 64% EMEA region, 24% Americas and 13% Asia. The company got 71% of 2020 revenue from the food retail segment and 25% from foodservice.The global retail milk industry is worth an estimated $179 billion.","news_type":1,"symbols_score_info":{"OTLY":0.9,"SQSP":0.9,"PCOR":0.9}},"isVote":1,"tweetType":1,"viewCount":996,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199084224,"gmtCreate":1620657112168,"gmtModify":1704346291706,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199084224","repostId":"1133541682","repostType":2,"repost":{"id":"1133541682","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620654001,"share":"https://ttm.financial/m/news/1133541682?lang=en_US&edition=fundamental","pubTime":"2021-05-10 21:40","market":"us","language":"en","title":"The Nasdaq dipped about 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1133541682","media":"Tiger Newspress","summary":"(May 10) The Nasdaq dipped about 1%.","content":"<p>(May 10)&nbsp;The Nasdaq dipped about 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/8312b41440a470b1711706b5762ccec0\" tg-width=\"1137\" tg-height=\"527\"></p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Nasdaq dipped about 1%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ 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.h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Nasdaq dipped about 1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-10 21:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 10)&nbsp;The Nasdaq dipped about 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/8312b41440a470b1711706b5762ccec0\" tg-width=\"1137\" tg-height=\"527\"></p>\n<p></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133541682","content_text":"(May 10) The Nasdaq dipped about 1%.","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107291942,"gmtCreate":1620493455286,"gmtModify":1704344339693,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Good ?","listText":"Good ?","text":"Good ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107291942","repostId":"1120563519","repostType":4,"repost":{"id":"1120563519","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620445920,"share":"https://ttm.financial/m/news/1120563519?lang=en_US&edition=fundamental","pubTime":"2021-05-08 11:52","market":"hk","language":"en","title":"Tesla Raises China Model 3 Prices, Citing Cost Fluctuations","url":"https://stock-news.laohu8.com/highlight/detail?id=1120563519","media":"Tiger Newspress","summary":"Tesla Inc.raised the price of a Model 3 sedan in China by 1,000 yuan ($155) from Saturday, citing co","content":"<p>Tesla Inc.raised the price of a Model 3 sedan in <a href=\"https://laohu8.com/S/CAAS\">China</a> by 1,000 yuan ($155) from Saturday, citing cost fluctuations.</p><p>The basic model of the vehicle is now priced at 250,900 yuan, the automaker said in aposton its <a href=\"https://laohu8.com/S/WB\">Weibo</a> social media account.</p><p>China’sinflationis generally under control, The Economic Daily reported Friday, citing an official from the <a href=\"https://laohu8.com/S/NHLD\">National</a> Bureau of Statistics.<img src=\"https://static.tigerbbs.com/aedaee7c79ea684b08f11620857e02a7\" tg-width=\"741\" tg-height=\"336\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Raises China Model 3 Prices, Citing Cost Fluctuations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Raises China Model 3 Prices, Citing Cost Fluctuations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-08 11:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla Inc.raised the price of a Model 3 sedan in <a href=\"https://laohu8.com/S/CAAS\">China</a> by 1,000 yuan ($155) from Saturday, citing cost fluctuations.</p><p>The basic model of the vehicle is now priced at 250,900 yuan, the automaker said in aposton its <a href=\"https://laohu8.com/S/WB\">Weibo</a> social media account.</p><p>China’sinflationis generally under control, The Economic Daily reported Friday, citing an official from the <a href=\"https://laohu8.com/S/NHLD\">National</a> Bureau of Statistics.<img src=\"https://static.tigerbbs.com/aedaee7c79ea684b08f11620857e02a7\" tg-width=\"741\" tg-height=\"336\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","CAAS":"中汽系统"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120563519","content_text":"Tesla Inc.raised the price of a Model 3 sedan in China by 1,000 yuan ($155) from Saturday, citing cost fluctuations.The basic model of the vehicle is now priced at 250,900 yuan, the automaker said in aposton its Weibo social media account.China’sinflationis generally under control, The Economic Daily reported Friday, citing an official from the National Bureau of Statistics.","news_type":1,"symbols_score_info":{"CAAS":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125928425,"gmtCreate":1624642346867,"gmtModify":1703842695824,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Hold&nbsp;","listText":"Hold&nbsp;","text":"Hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125928425","repostId":"2146070690","repostType":2,"isVote":1,"tweetType":1,"viewCount":2118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110356471,"gmtCreate":1622426844293,"gmtModify":1704184213162,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Great for sharing","listText":"Great for sharing","text":"Great for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110356471","repostId":"2139648085","repostType":4,"isVote":1,"tweetType":1,"viewCount":923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156222824,"gmtCreate":1625226495768,"gmtModify":1703738776376,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Hold","listText":"Hold","text":"Hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156222824","repostId":"156625556","repostType":1,"repost":{"id":156625556,"gmtCreate":1625220011675,"gmtModify":1703738620483,"author":{"id":"3478772140981344","authorId":"3478772140981344","name":"杭州下午健身","avatar":"https://static.tigerbbs.com/e41209df69a47558b63aee4734a3dc89","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3478772140981344","idStr":"3478772140981344"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC院線(AMC)$</a>果然還是spce熱鬧","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC院線(AMC)$</a>果然還是spce熱鬧","text":"$AMC院線(AMC)$果然還是spce熱鬧","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156625556","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2057,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127980178,"gmtCreate":1624814577794,"gmtModify":1703845484843,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Hold","listText":"Hold","text":"Hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127980178","repostId":"1175794606","repostType":4,"isVote":1,"tweetType":1,"viewCount":2055,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127980909,"gmtCreate":1624814540701,"gmtModify":1703845484520,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Hold","listText":"Hold","text":"Hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127980909","repostId":"2146022040","repostType":2,"repost":{"id":"2146022040","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624800420,"share":"https://ttm.financial/m/news/2146022040?lang=en_US&edition=fundamental","pubTime":"2021-06-27 21:27","market":"hk","language":"en","title":"Warren Buffett says he's halfway to giving away most of his fortune","url":"https://stock-news.laohu8.com/highlight/detail?id=2146022040","media":"Dow Jones","summary":"MW Warren Buffett says he's halfway to giving away most of his fortune\n\n\n  Leslie Albrecht \n\n\n  Buff","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Warren Buffett says he's halfway to giving away most of his fortune\n</p>\n<p>\n  Leslie Albrecht \n</p>\n<p>\n  Buffett has also resigned from the board of the Gates Foundation. Bill Gates said he was grateful for Buffett's 'enduring friendship' \n</p>\n<p>\n  Berkshire Hathaway (BRKA) CEO Warren Buffett has resigned from the board of the world's largest charitable foundation, but he's ending his tenure on a high note: he said he's halfway to his goal of giving away most of his wealth. \n</p>\n<p>\n  Buffett said he was leaving the board of the Bill and Melinda Gates Foundation in a Wednesday letter . That's a significant shake-up at the foundation, where there are only three board members: Buffett and Bill and Melinda Gates, who created the charitable organization in 2000. \n</p>\n<p>\n  The foundation's future was called into question  when Bill and Melinda Gates announced they were divorcing in May, but foundation leaders said at the time that the couple's split would change nothing at the foundation. \n</p>\n<p>\n  \"I know Warren's departure raises questions about the foundation's governance,\" Gates Foundation CEO Mark Suzman said in an email to foundation staff  Wednesday. Suzman said he, Buffett and the Gateses have been actively discussing \"approaches to strengthen our governance\" in the wake of the divorce announcement. Suzman said he would release more information in July. \n</p>\n<p>\n  Buffett, 90, noted that his departure from the Gates Foundation board comes as he's winding down other activities; he's stepped down from all other corporate boards other than Berkshire Hathaway's. \n</p>\n<p>\n  Buffett also said Wednesday that he had achieved a personal milestone by giving some $41 billion to the Gates Foundation and four other foundations run by Buffett family members. \n</p>\n<p>\n  \"In 2006, I pledged to distribute all of my Berkshire Hathaway shares -- more than 99% of my net worth -- to philanthropy. With today's $4.1 billion distribution, I'm halfway there,\" Buffett wrote. Buffett's current estimated net worth is $104.4 billion, according to Forbes. \n</p>\n<p>\n  He added, \"After 16 years of pursuing my philanthropic plan, I'm delighted with its workings.\" \n</p>\n<p>\n  'I am truly grateful for his wisdom' \n</p>\n<p>\n  The Gates Foundation's share of the $4.1 billion donation Buffett announced Wednesday was more than $3.2 billion, which brings the total amount he's given to the Gates Foundation to nearly $33 billion, Suzman said. The other foundations that receive funding from Buffett are run by his family members. They are the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation. \n</p>\n<p>\n  \"The impact of his prodigious generosity is hard to quantify,\" Suzman said. Buffett's largesse has helped save millions of lives through the foundation's work on vaccines and eradicating deadly diseases such as HIV, tuberculosis and malaria, Suzman said, and it has also helped lift millions of people out of poverty. \n</p>\n<p>\n  \"More than ten years ago, when we first got word of Warren's gift to our foundation, we were speechless,\" Bill Gates said in a statement. \"It was the biggest single gift anyone had ever given anybody for anything.\" He added, \"But the value of Warren's gift goes beyond anything that can be measured. I am truly grateful for his wisdom and leadership, and most of all for his enduring friendship.\" \n</p>\n<p>\n  Melinda French Gates said, \"What made Warren's extraordinary investment in the foundation so meaningful was not only its amount but what it represented: an unwavering belief that everyone deserves to live a healthy, fulfilling life and an optimism that a world like that is possible.\" \n</p>\n<p>\n  'Tax deductions are important to many' \n</p>\n<p>\n  In his letter, Buffett also indirectly touched on recent revelations in the investigative news outlet ProPublica about billionaires  that the ultra-rich should be taxed more, said Wednesday that his philanthropic activities have led to a tax break of about 40 cents per $1,000 he's donated. \n</p>\n<p>\n  He explained that he doesn't get as big a tax break as he could for his philanthropy because he has relatively little income; most of his wealth comes from \"tax-paying businesses that I own through my Berkshire stockholdings, and Berkshire regularly reinvests earnings to further grow its output, employment and earnings.\" \n</p>\n<p>\n  Buffett added, \"Nevertheless, tax deductions are important to many -- particularly to the super-rich -- who give large amounts of cash or securities to philanthropy. It is fitting that Congress periodically revisits the tax policy for charitable contributions, particularly in respect to donors who get 'imaginative.'\" \n</p>\n<p>\n  Typically donors are allowed to deduct the value of charitable donations from their taxable income, though they usually have to itemize their deductions to claim the tax break. (In 2020, under the Cares Act, donors were allowed to deduct up to $300 in charitable contributions without itemizing.) \n</p>\n<p>\n  One critic of billionaire philanthropy took issue with Buffett's description of his tax situation. \"Buffett underestimates the taxpayer's subsidy for his private philanthropy,\" said Chuck Collins of the Institute for Policy Studies, a left-leaning think tank. \"The taxpayer subsidy is much larger for the super-wealthy.\" \n</p>\n<p>\n  For every dollar a billionaire gives to their own foundation or a charity, the taxpayer chips in as much as 74 cents in the form of lost tax revenue, Collins said, citing research  on charitable tax reform. \n</p>\n<p>\n  \"This is because billionaires are not just reducing their annual income tax, but also their reducing or eliminating future estate, gift, and capital gains taxes,\" Collins said. He added that the U.S. should consider capping the lifetime tax deduction for charitable giving to half a billion dollars. \n</p>\n<p>\n  A bill recently introduced in Congress would tweak some tax laws related to charitable giving  through donor-advised funds, but would not change the tax deductions individuals receive for donations they make directly to charities. \n</p>\n<p>\n  The 'heroes' of philanthropy \n</p>\n<p>\n  Buffett said in 2006 that he would hand over the bulk of his wealth to philanthropy, and that much of it would go to the foundation run by Microsoft co-founder Bill Gates and his wife Melinda. \n</p>\n<p>\n  In 2010, Buffett and the Gateses announced The Giving Pledge, and invited their fellow billionaires to join them. Signers of the pledge agree to give away most of their wealth either during their lifetimes or when they die. \n</p>\n<p>\n  Meeting that goal has proved challenging for many of the pledgers , because their money accumulates faster than they can give it away. \n</p>\n<p>\n  Buffett said in the letter that he doesn't count himself among the \"heroes\" of philanthropy. That designation, he said, goes to people who devote real time to working with people to better their lives, he said. That's not something he's done, Buffett said. He's said he's taken a hands-off approach and that even his role at the Gates Foundation was an \"inactive\" <a href=\"https://laohu8.com/S/AONE\">one</a>. \n</p>\n<p>\n  -Leslie Albrecht; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 27, 2021 09:27 ET (13:27 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett says he's halfway to giving away most of his fortune</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett says he's halfway to giving away most of his fortune\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-27 21:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Warren Buffett says he's halfway to giving away most of his fortune\n</p>\n<p>\n  Leslie Albrecht \n</p>\n<p>\n  Buffett has also resigned from the board of the Gates Foundation. Bill Gates said he was grateful for Buffett's 'enduring friendship' \n</p>\n<p>\n  Berkshire Hathaway (BRKA) CEO Warren Buffett has resigned from the board of the world's largest charitable foundation, but he's ending his tenure on a high note: he said he's halfway to his goal of giving away most of his wealth. \n</p>\n<p>\n  Buffett said he was leaving the board of the Bill and Melinda Gates Foundation in a Wednesday letter . That's a significant shake-up at the foundation, where there are only three board members: Buffett and Bill and Melinda Gates, who created the charitable organization in 2000. \n</p>\n<p>\n  The foundation's future was called into question  when Bill and Melinda Gates announced they were divorcing in May, but foundation leaders said at the time that the couple's split would change nothing at the foundation. \n</p>\n<p>\n  \"I know Warren's departure raises questions about the foundation's governance,\" Gates Foundation CEO Mark Suzman said in an email to foundation staff  Wednesday. Suzman said he, Buffett and the Gateses have been actively discussing \"approaches to strengthen our governance\" in the wake of the divorce announcement. Suzman said he would release more information in July. \n</p>\n<p>\n  Buffett, 90, noted that his departure from the Gates Foundation board comes as he's winding down other activities; he's stepped down from all other corporate boards other than Berkshire Hathaway's. \n</p>\n<p>\n  Buffett also said Wednesday that he had achieved a personal milestone by giving some $41 billion to the Gates Foundation and four other foundations run by Buffett family members. \n</p>\n<p>\n  \"In 2006, I pledged to distribute all of my Berkshire Hathaway shares -- more than 99% of my net worth -- to philanthropy. With today's $4.1 billion distribution, I'm halfway there,\" Buffett wrote. Buffett's current estimated net worth is $104.4 billion, according to Forbes. \n</p>\n<p>\n  He added, \"After 16 years of pursuing my philanthropic plan, I'm delighted with its workings.\" \n</p>\n<p>\n  'I am truly grateful for his wisdom' \n</p>\n<p>\n  The Gates Foundation's share of the $4.1 billion donation Buffett announced Wednesday was more than $3.2 billion, which brings the total amount he's given to the Gates Foundation to nearly $33 billion, Suzman said. The other foundations that receive funding from Buffett are run by his family members. They are the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation. \n</p>\n<p>\n  \"The impact of his prodigious generosity is hard to quantify,\" Suzman said. Buffett's largesse has helped save millions of lives through the foundation's work on vaccines and eradicating deadly diseases such as HIV, tuberculosis and malaria, Suzman said, and it has also helped lift millions of people out of poverty. \n</p>\n<p>\n  \"More than ten years ago, when we first got word of Warren's gift to our foundation, we were speechless,\" Bill Gates said in a statement. \"It was the biggest single gift anyone had ever given anybody for anything.\" He added, \"But the value of Warren's gift goes beyond anything that can be measured. I am truly grateful for his wisdom and leadership, and most of all for his enduring friendship.\" \n</p>\n<p>\n  Melinda French Gates said, \"What made Warren's extraordinary investment in the foundation so meaningful was not only its amount but what it represented: an unwavering belief that everyone deserves to live a healthy, fulfilling life and an optimism that a world like that is possible.\" \n</p>\n<p>\n  'Tax deductions are important to many' \n</p>\n<p>\n  In his letter, Buffett also indirectly touched on recent revelations in the investigative news outlet ProPublica about billionaires  that the ultra-rich should be taxed more, said Wednesday that his philanthropic activities have led to a tax break of about 40 cents per $1,000 he's donated. \n</p>\n<p>\n  He explained that he doesn't get as big a tax break as he could for his philanthropy because he has relatively little income; most of his wealth comes from \"tax-paying businesses that I own through my Berkshire stockholdings, and Berkshire regularly reinvests earnings to further grow its output, employment and earnings.\" \n</p>\n<p>\n  Buffett added, \"Nevertheless, tax deductions are important to many -- particularly to the super-rich -- who give large amounts of cash or securities to philanthropy. It is fitting that Congress periodically revisits the tax policy for charitable contributions, particularly in respect to donors who get 'imaginative.'\" \n</p>\n<p>\n  Typically donors are allowed to deduct the value of charitable donations from their taxable income, though they usually have to itemize their deductions to claim the tax break. (In 2020, under the Cares Act, donors were allowed to deduct up to $300 in charitable contributions without itemizing.) \n</p>\n<p>\n  One critic of billionaire philanthropy took issue with Buffett's description of his tax situation. \"Buffett underestimates the taxpayer's subsidy for his private philanthropy,\" said Chuck Collins of the Institute for Policy Studies, a left-leaning think tank. \"The taxpayer subsidy is much larger for the super-wealthy.\" \n</p>\n<p>\n  For every dollar a billionaire gives to their own foundation or a charity, the taxpayer chips in as much as 74 cents in the form of lost tax revenue, Collins said, citing research  on charitable tax reform. \n</p>\n<p>\n  \"This is because billionaires are not just reducing their annual income tax, but also their reducing or eliminating future estate, gift, and capital gains taxes,\" Collins said. He added that the U.S. should consider capping the lifetime tax deduction for charitable giving to half a billion dollars. \n</p>\n<p>\n  A bill recently introduced in Congress would tweak some tax laws related to charitable giving  through donor-advised funds, but would not change the tax deductions individuals receive for donations they make directly to charities. \n</p>\n<p>\n  The 'heroes' of philanthropy \n</p>\n<p>\n  Buffett said in 2006 that he would hand over the bulk of his wealth to philanthropy, and that much of it would go to the foundation run by Microsoft co-founder Bill Gates and his wife Melinda. \n</p>\n<p>\n  In 2010, Buffett and the Gateses announced The Giving Pledge, and invited their fellow billionaires to join them. Signers of the pledge agree to give away most of their wealth either during their lifetimes or when they die. \n</p>\n<p>\n  Meeting that goal has proved challenging for many of the pledgers , because their money accumulates faster than they can give it away. \n</p>\n<p>\n  Buffett said in the letter that he doesn't count himself among the \"heroes\" of philanthropy. That designation, he said, goes to people who devote real time to working with people to better their lives, he said. That's not something he's done, Buffett said. He's said he's taken a hands-off approach and that even his role at the Gates Foundation was an \"inactive\" <a href=\"https://laohu8.com/S/AONE\">one</a>. \n</p>\n<p>\n  -Leslie Albrecht; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 27, 2021 09:27 ET (13:27 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146022040","content_text":"MW Warren Buffett says he's halfway to giving away most of his fortune\n\n\n  Leslie Albrecht \n\n\n  Buffett has also resigned from the board of the Gates Foundation. Bill Gates said he was grateful for Buffett's 'enduring friendship' \n\n\n  Berkshire Hathaway (BRKA) CEO Warren Buffett has resigned from the board of the world's largest charitable foundation, but he's ending his tenure on a high note: he said he's halfway to his goal of giving away most of his wealth. \n\n\n  Buffett said he was leaving the board of the Bill and Melinda Gates Foundation in a Wednesday letter . That's a significant shake-up at the foundation, where there are only three board members: Buffett and Bill and Melinda Gates, who created the charitable organization in 2000. \n\n\n  The foundation's future was called into question  when Bill and Melinda Gates announced they were divorcing in May, but foundation leaders said at the time that the couple's split would change nothing at the foundation. \n\n\n  \"I know Warren's departure raises questions about the foundation's governance,\" Gates Foundation CEO Mark Suzman said in an email to foundation staff  Wednesday. Suzman said he, Buffett and the Gateses have been actively discussing \"approaches to strengthen our governance\" in the wake of the divorce announcement. Suzman said he would release more information in July. \n\n\n  Buffett, 90, noted that his departure from the Gates Foundation board comes as he's winding down other activities; he's stepped down from all other corporate boards other than Berkshire Hathaway's. \n\n\n  Buffett also said Wednesday that he had achieved a personal milestone by giving some $41 billion to the Gates Foundation and four other foundations run by Buffett family members. \n\n\n  \"In 2006, I pledged to distribute all of my Berkshire Hathaway shares -- more than 99% of my net worth -- to philanthropy. With today's $4.1 billion distribution, I'm halfway there,\" Buffett wrote. Buffett's current estimated net worth is $104.4 billion, according to Forbes. \n\n\n  He added, \"After 16 years of pursuing my philanthropic plan, I'm delighted with its workings.\" \n\n\n  'I am truly grateful for his wisdom' \n\n\n  The Gates Foundation's share of the $4.1 billion donation Buffett announced Wednesday was more than $3.2 billion, which brings the total amount he's given to the Gates Foundation to nearly $33 billion, Suzman said. The other foundations that receive funding from Buffett are run by his family members. They are the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation. \n\n\n  \"The impact of his prodigious generosity is hard to quantify,\" Suzman said. Buffett's largesse has helped save millions of lives through the foundation's work on vaccines and eradicating deadly diseases such as HIV, tuberculosis and malaria, Suzman said, and it has also helped lift millions of people out of poverty. \n\n\n  \"More than ten years ago, when we first got word of Warren's gift to our foundation, we were speechless,\" Bill Gates said in a statement. \"It was the biggest single gift anyone had ever given anybody for anything.\" He added, \"But the value of Warren's gift goes beyond anything that can be measured. I am truly grateful for his wisdom and leadership, and most of all for his enduring friendship.\" \n\n\n  Melinda French Gates said, \"What made Warren's extraordinary investment in the foundation so meaningful was not only its amount but what it represented: an unwavering belief that everyone deserves to live a healthy, fulfilling life and an optimism that a world like that is possible.\" \n\n\n  'Tax deductions are important to many' \n\n\n  In his letter, Buffett also indirectly touched on recent revelations in the investigative news outlet ProPublica about billionaires  that the ultra-rich should be taxed more, said Wednesday that his philanthropic activities have led to a tax break of about 40 cents per $1,000 he's donated. \n\n\n  He explained that he doesn't get as big a tax break as he could for his philanthropy because he has relatively little income; most of his wealth comes from \"tax-paying businesses that I own through my Berkshire stockholdings, and Berkshire regularly reinvests earnings to further grow its output, employment and earnings.\" \n\n\n  Buffett added, \"Nevertheless, tax deductions are important to many -- particularly to the super-rich -- who give large amounts of cash or securities to philanthropy. It is fitting that Congress periodically revisits the tax policy for charitable contributions, particularly in respect to donors who get 'imaginative.'\" \n\n\n  Typically donors are allowed to deduct the value of charitable donations from their taxable income, though they usually have to itemize their deductions to claim the tax break. (In 2020, under the Cares Act, donors were allowed to deduct up to $300 in charitable contributions without itemizing.) \n\n\n  One critic of billionaire philanthropy took issue with Buffett's description of his tax situation. \"Buffett underestimates the taxpayer's subsidy for his private philanthropy,\" said Chuck Collins of the Institute for Policy Studies, a left-leaning think tank. \"The taxpayer subsidy is much larger for the super-wealthy.\" \n\n\n  For every dollar a billionaire gives to their own foundation or a charity, the taxpayer chips in as much as 74 cents in the form of lost tax revenue, Collins said, citing research  on charitable tax reform. \n\n\n  \"This is because billionaires are not just reducing their annual income tax, but also their reducing or eliminating future estate, gift, and capital gains taxes,\" Collins said. He added that the U.S. should consider capping the lifetime tax deduction for charitable giving to half a billion dollars. \n\n\n  A bill recently introduced in Congress would tweak some tax laws related to charitable giving  through donor-advised funds, but would not change the tax deductions individuals receive for donations they make directly to charities. \n\n\n  The 'heroes' of philanthropy \n\n\n  Buffett said in 2006 that he would hand over the bulk of his wealth to philanthropy, and that much of it would go to the foundation run by Microsoft co-founder Bill Gates and his wife Melinda. \n\n\n  In 2010, Buffett and the Gateses announced The Giving Pledge, and invited their fellow billionaires to join them. Signers of the pledge agree to give away most of their wealth either during their lifetimes or when they die. \n\n\n  Meeting that goal has proved challenging for many of the pledgers , because their money accumulates faster than they can give it away. \n\n\n  Buffett said in the letter that he doesn't count himself among the \"heroes\" of philanthropy. That designation, he said, goes to people who devote real time to working with people to better their lives, he said. That's not something he's done, Buffett said. He's said he's taken a hands-off approach and that even his role at the Gates Foundation was an \"inactive\" one. \n\n\n  -Leslie Albrecht; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 27, 2021 09:27 ET (13:27 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"BRK.A":1,"BRK.B":1}},"isVote":1,"tweetType":1,"viewCount":2051,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125926608,"gmtCreate":1624642386404,"gmtModify":1703842696652,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Nndm hold&nbsp;","listText":"Nndm hold&nbsp;","text":"Nndm 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hold","listText":"Nndm hold","text":"Nndm hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180016969","isVote":1,"tweetType":1,"viewCount":2753,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114561232,"gmtCreate":1623080427426,"gmtModify":1704195735875,"author":{"id":"3573744122217343","authorId":"3573744122217343","name":"gracecps","avatar":"https://static.tigerbbs.com/e0c7409316a30650f9ae1210c13327b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573744122217343","idStr":"3573744122217343"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share 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