Warren Buffett

2023 - 3 - 18

Post cover — Image courtesy of "Barron's"

The Best Advice Warren Buffett Gave American Express CEO (Barron's)

Buffett has reason to share wisdom with Steve Squeri: Berkshire Hathaway is the largest shareholder in American Express.

](https://www.barrons.com/market-data/stocks/brk.b) [ ](https://www.barrons.com/market-data/stocks/axp)

Warren Buffett Says He Manages His Stress By Doing Two Things ... (Inc.com)

Similar hobbies like those of Warren Buffett have been know to lead to a happier, more successful life.

(Note: The reason this is so powerful is you're training your mind to scan for positives, instead of threats. Hobbies are actually a good investment in your overall well-being and longevity. So while many hobbies might at first seem like a waste of time, trust the science. Other [research](http://search.proquest.com/openview/5d9ea365c771fc82adf4e181de38a6ae/1?pq-origsite=gscholar&cbl=1816610) found that workers with hobbies are more satisfied with their jobs and have a lower likelihood of burning out. [According to research published in ] [Annals of Behavioral Medicine](https://academic.oup.com/abm/article/49/4/605/4562699), employees participating in leisure activities had "more positive and less negative mood, more interest, less stress, and lower heart rate when engaging in leisure than when not." But you should worry if you don't claim a hobby to balance life outside of work. [Another study](https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2863117/) involving 1,400 people linked low-impact physical leisure activities, like crafting, knitting, cooking, and playing an instrument to improving lowering your blood pressure and improving your physical health. [Journal of Occupational and Organizational Psychology](http://onlinelibrary.wiley.com/doi/10.1111/joop.12064/abstract;jsessionid=ED65EAAD5EA41F936DDF0E0252D06418.f02t02) finds notable differences between people who enjoy creative hobbies versus those who do not. You may not be hip or old enough to play bridge but billionaire investor [Warren Buffett](https://www.inc.com/marcel-schwantes/warren-buffett-says-working-for-this-type-of-leader-will-be-difference-between-success-failure.html) is known to play the card game to relax and keep his mind sharp. Employees who pursue creative activities outside of work were found to be better at creative problem-solving in different projects as well as having a better attitude on the job. [stressful work life](https://www.inc.com/marcel-schwantes/3-mental-health-strategies-to-defeat-stress-anxiety-in-workplace.html)? More specifically, here are three clear work reasons why you should have a hobby:

Warren Buffett in discussions with Biden officials on banking crisis (Reuters)

Berkshire Hathaway Inc's Warren Buffett has held discussions with senior Biden adminstration officials about the banking crisis, a source familiar with the ...

Bloomberg News reported earlier that Buffett had been in touch with administration officials in recent days about the regional banking crisis, Bloomberg News The White House and U.S. [(BRKa.N)](https://www.reuters.com/companies/BRKa.N) Warren Buffett has held discussions with senior Biden adminstration officials about the banking crisis, a source familiar with the matter told Reuters on Saturday.

Warren Buffett in Contact With Biden Team on Banking Crisis (Bloomberg)

Berkshire Hathaway Inc.'s Warren Buffett has been in touch with senior officials in President Joe Biden's administration in recent days as the regional ...

Warren Buffett in contact with Biden officials on U.S. banking crisis (Saskatoon StarPhoenix)

Warren Buffett has been in touch with senior officials in Joe Biden's administration in recent days as the regional banking crisis unfolds.

Shares in regional banks continued to fall this week on fears the pain would spread. Officials at the US Treasury Department declined to comment. President Joe Biden’s administration in recent days as the regional banking crisis unfolds.

Ahead of Fed meet, Warren Buffett talks with Biden officials on ... (Livemint)

Warren Buffett has a long history of stepping in to aid banks in crisis .Warren Buffett also tossed a $5 billion lifeline to Goldman Sachs Group Inc in the ...

Warren Buffett 'in talks' with White House about investing in banking ... (Daily Mail)

Billionaire Warren Buffett is in talks to invest in the US regional banking sector amidst widespread industry panic not seen since the 2008 financial ...

Panic has rocked the banking sector in recent weeks after SVB became the largest bank to collapse since 2008 Panic has rocked the banking sector in recent weeks after SVB became the largest bank to collapse since 2008. Billionaire Warren Buffett is in talks to invest in the US regional banking sector amidst widespread industry panic not seen since the 2008 financial crisis.

Warren Buffett talks banking crisis with Biden team (Fox Business)

Warren Buffett has held discussions with the Biden administration to help in in the current financial crisis.

[GET FOX BUSINESS ON THE GO BY CLICKING HERE](https://www.foxbusiness.com/apps-products) [financial system](https://www.foxbusiness.com/category/fox-news-finance) following the collapse of SVB. ](https://www.foxbusiness.com/category/the-fed) ](https://www.foxbusiness.com/category/banking) [BANKING SYSTEM ON THE VERGE OF A 'BEAR STEARNS MOMENT': FORMER FDIC CHAIR](https://www.foxbusiness.com/politics/banking-system-verge-bear-stearns-moment-former-fdic-chair) [BIG WEEK FOR MONEY MARKET FUNDS AMIDST FINANCIAL TURMOIL](https://www.foxbusiness.com/markets/big-week-money-market-funds-amidst-financial-turmoil)

Warren Buffett in contact with Biden officials on banking crisis as US ... (South China Morning Post)

It isn't immediately clear what role, if any, the billionaire investor may play to contain the US banking crisis after the failures of Silicon Valley Bank, ...

Warren Buffett in Contact With Biden Team on Banking Crisis (Yahoo Finance)

(Bloomberg) -- Berkshire Hathaway Inc.'s Warren Buffett has been in touch with senior officials in President Joe Biden's administration in recent days as ...

In this market I'm following Warren Buffett to scoop up cheap shares! (Yahoo Finance UK)

Christopher Ruane has been wading into turbulent markets to buy cheap shares for his portfolio. Here's the approach he's using to find them.

Warren Buffett talked to Biden White House about bank investment ... (Business Insider)

The billionaire has had "multiple conversations" with White House officials and offered advice and guidance about the crisis, Bloomberg reported.

A move Thursday by banks including JPMorgan, Bank of America, Citigroup, and Wells Fargo to [deposit a collective $30 billion](https://www.businesswire.com/news/home/20230316005695/en/Bank-of-America-Citigroup-JPMorgan-Chase-Wells-Fargo-Goldman-Sachs-Morgan-Stanley-BNY-Mellon-PNC-Bank-State-Street-Truist-and-U.S.-Bank-to-Make-Uninsured-Deposits-Totaling-30-Billion-Into-First-Republic-Bank) failed to stabilize the stock. [Bloomberg reported](https://www.bloomberg.com/news/articles/2023-03-19/first-citizens-weighing-takeover-of-silicon-valley-bank). [US debt-ceiling crisis](https://www.businessinsider.com/the-debt-ceiling-crisis-america-at-its-worst-2011-7?utm_medium=ingest&utm_source=markets) in 2011 he invested [$5 billion in Bank of America](https://markets.businessinsider.com/news/stocks/warren-buffett-invested-5-billion-bank-of-america-made-fortune-2020-10-1029690339) in return for shares and options. [Goldman Sachs](https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-goldman-sachs-sale-billions-return-bailout-2020-5-1029212109?utm_medium=ingest&utm_source=markets) in September 2008 at the height of the financial crisis, and put $3 billion into [General Electric](https://markets.businessinsider.com/news/stocks/warren-buffett-invested-3-billion-general-electric-ge-2008-crisis-2020-6-1029327040?utm_medium=ingest&utm_source=markets) a month later. [regional bank stocks sliding last week](https://markets.businessinsider.com/news/stocks/svb-collapse-first-republic-western-alliance-zions-pacwest-biden-investors-2023-3?utm_medium=ingest&utm_source=markets). [Bloomberg reported](https://www.bloomberg.com/news/articles/2023-03-18/warren-buffett-in-contact-with-biden-officials-on-banking-crisis).

How Warren Buffett rescued US biggest banks from financial crisis ... (Livemint)

Warren Buffet, the CEO of Berkshire Hathway, is reportedly in talks with the Biden administration after the collapse of Silicon Valley Bank, Signature Bank, ...

Warren Buffett has been talking to the Biden White House about a ... (Yahoo Canada Finance)

The billionaire has had "multiple conversations" with White House officials and offered advice and guidance about the crisis, Bloomberg reported.

Warren Buffett in talks with Biden officials about possible investment ... (Business Today)

Buffett has a history of stepping in to aid banks in crisis, using his financial strength and investing expertise to restore confidence in the struggling ...

Buffett has a history of stepping in to aid banks in crisis, using his financial strength and investing expertise to restore confidence in the struggling banking system. The situation has raised concerns about the stability of the banking system, prompting calls for swift action to address the crisis. Warren Buffett, the Chairperson of Berkshire Hathaway, has reportedly been in discussions with senior officials of the Biden administration regarding the ongoing banking crisis.

3 (Good) Reasons Warren Buffett Doesn't Invest in Biotech Stocks (Motley Fool)

He isn't wrong about why it's hard to win with biotechs. There's a pretty good chance Warren Buffett knows a few things about investing that we don't. This ...

And for Buffett, that's probably a big risk, because there's no clear path to success, nor is there any guarantee that a success today will remain one in the future. Then they experience a massive spurt of growth as sales of their product ramp up -- until the legal protections preventing competitors from making a generic copy expire, at which point revenue from the drug plummets, often to near zero. Even gargantuan and highly successful businesses like Moderna fall victim to this pattern, though not always as a result of generic competition. And the same is true of most biotechs. The riskiness stems in large part from the nature of the clinical trials process. Why would the Oracle of Omaha eschew such a high-tech and high-growth industry altogether?

Warren Buffett

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