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Caleb Naysmith

Reporter

Indexed articles, last 90 days
33
Latest publication
Sep 20, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 7, 2026

Latest articles

  1. Article · Sep 20, 2026 · Caleb Naysmith

    ‘Even Though It’s Bad for Berkshire’ Billionaire Charlie Munger Said to Skip Insurance Because ‘You’re Paying for the Other Fellow’s Frauds’ (opens the original)

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    The late Charlie Munger spent most of his life as vice chairman of Berkshire Hathaway (BRK.A) (BRK.B) a company built on insurance. In February 2023, at the annual meeting of Daily Journal Corporation (DJCO), where he was chairman, he was asked about self-insurance and answered in a way that worked against his own company's interests. "With one exception, I've never carried collision insurance on a car, and once I got rich, I stopped carrying fire insurance on houses," he said. "I just self-insu

  2. Article · Sep 15, 2026 · Caleb Naysmith

    Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — ‘All Intelligent People Do It My Way’ (opens the original)

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    Insurance is one of those expenses that can feel particularly painful when nothing goes wrong, but it's often one of those things that can't be avoided. Not only is some insurance required by law, but it can also provide peace of mind in the event of something catastrophic. Billionaire Charlie Munger, however, reached a point where he decided some risks just weren't worth insuring against. The longtime Berkshire Hathaway vice chairman had enough money to absorb certain losses himself, so why pay

  3. Article · Sep 15, 2026 · Caleb Naysmith

    A Trump Science Advisor Says Elon Musk And Sam Altman Won’t End Up With AI’s Money: ‘There Will Be A Billionaire That Will Emerge That Has Zero Net Worth Today’ (opens the original)

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    A man President Trump appointed to his science and technology council in March says the three people everyone assumes will own the AI economy will not, and that the person who does is currently worth nothing. "I don't buy into the narrative that Dario, Elon, and Sam end up having all the value in AI," David Friedberg said in a clip published on September 2 from a Diary of a CEO interview. "Because in the next 10 years, there will be a billionaire that will emerge that has zero net worth today, d

  4. Article · Sep 9, 2026 · Caleb Naysmith

    ‘Not Tens Of Billions, But Tens Of Trillions’: Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History (opens the original)

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    Nvidia (NVDA) Jensen Huang was seated next to US Commerce Secretary Howard Lutnick on a G20 stage on Sept. 2, recalling the first time the two of them met, when he put a number on what the world is about to spend. "You recognize that the infrastructure buildout is not going to be in the tens of billions, but is going to be in the tens of trillions," Huang said. "That supply chain security is going to be necessary." The venue was the US-hosted G20 innovation ministerial in Chapel Hill, NC, and th

  5. Article · Sep 7, 2026 · Caleb Naysmith

    ‘That Caught Our Attention’: Wall Street’s Just Turned the Most Bullish Since 2022, But Robinhood Says Its Own Customers Are Quietly Selling (opens the original)

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    Robinhood's (HOOD) customers are, on average, in their early thirties, and they buy. That is the whole shape of the business: a young base with decades of investing ahead of it, adding to positions through almost everything. So when the firm's own data showed two consecutive weeks of net selling at the end of July, it registered internally as strange. "At the end of July we saw two weeks of net selling," Steve Quirk, Robinhood's chief brokerage officer, told CNBC on Tuesday. "And when you look a

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