Be in the know. 38 key reads for Monday…

  1. Buffett bought more Apple last quarter and says he would have added more if the stock didn’t rebound (cnbc)
  2. Core PCE Inflation Has Been Slowing Down (cato)
  3. China Lockdowns Wreak Havoc on Economy as Xi Pledges Support (bloomberg)
  4. Powell’s Fed Set to Go Big and Keep Going Until Inflation Tamed (bloomberg)
  5. Porsche Nears Agreement to Join Formula 1, VW CEO Says (bloomberg)
  6. Milken Unmasked: Frivolity and Fear as Elite Descend on LA (bloomberg)
  7. End of Easy Money Brings a $410 Billion Global Financial Shock (bloomberg)
  8. Buffett Lures Fans to Omaha With Stock Buys, Inflation Talk (bloomberg)
  9. Michael Lewis on His Journey to Wall Street (bloomberg)
  10. A New Texas Oil Boom Is Coming, Finally (texasmonthly)
  11. The Federal Reserve’s Tough Spot (nytimes)
  12. ECRI Weekly Leading Index Update (advisorperspectives)
  13. Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin (cnbc)
  14. Guggenheim’s Minerd says beaten up fintech, homebuilders are rebound candidates (cnbc)
  15. Warren Buffett bought another $600 million worth of Apple (cnbc)
  16. Watch: This One-Person eVTOL Floats Above the Tuscan Hillside Like a Flying Jet Ski (robbreport)
  17. Here’s What 260 MPH On The Autobahn In A Bugatti Chiron Looks Like In Real Time (digg)
  18. Vacation Like James Bond At This Legendary Hotel in Sardinia (maxim)
  19. snap launches mini flying camera ‘pixy’ for snapchat (designboom)
  20. C8 Corvette ZR1 Could Pack 850 Horsepower From Twin-Turbo V8: Report (thedrive)
  21. Ford F-150 Lightning Backup Power Home Integration System Will Cost $3,895 (thedrive)
  22. Alphabet and Microsoft look like gems in the rubble of the tech sector (moneyweek)
  23. BYD sees first-quarter sales jump 180% while Covid hits other Chinese automakers (technode)
  24. Buyback Blackout Period Is Over, And 10 More Reasons Why Goldman Calls The End Of The Market Carnage (zerohedge)
  25. How Russia’s grim demographics could thwart Putin’s global ambitions (aei)
  26. Econ Exploder: GDP (npr)
  27. Javier Blas Explains How Commodity Trading Shops Really Work (bloomberg)
  28. The Wiesmann Project Thunderball Is 680 HP of All-Electric Fury (roadandtrack)
  29. The strange business of hole-in-one insurance (thehustle)
  30. 4 Takeaways From the Berkshire Hathaway Annual Shareholders Meeting (barrons)
  31. Pickleball Takes Its Place as the Must-Have Luxury Amenity (barrons)
  32. How to Buy a Classic Car Online (bloomberg)
  33. Pucks Are Flying in the NHL’s Highest-Scoring Season Since 1996 (wsj)
  34. A 26-year market vet lays out 3 indicators that show stocks could be making a near-term bottom — and shares 7 stocks and 2 bond ETFs to watch in the months ahead (businessinsider)
  35. Intel is optimistic about its second-half prospects, but Wall Street isn’t (marketwatch)
  36. Investors Moved $60 Billion to Cash Last Week, the Largest Inflow in 7 Months – BofA (streetinsider)
  37. Buffett’s advice for beating inflation: ‘Be exceptionally good at something’ (yahoo)
  38. Internet Regulation Cycle Eases as Domestic Consumption Becomes Job #1 (chinalastnight)

Be in the know. 20 key reads for Saturday…

  1. Charlie Munger (from Berkshire Meeting yesterday), “The reason that I invested in China is I get so much better companies at so much lower prices” (CNBC)
  2. China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows (wsj)
  3. Warren Buffett’s Berkshire bets big on US stock market (ft)
  4. With Berkshire Hathaway’s Annual Meeting Back in Person, Buffett Cracks Jokes and Explains His Latest Investments (marketwatch)
  5. Charlie Munger says he doesn’t like bitcoin because its ‘stupid,’ ‘evil,’ and makes people look bad (marketwatch)
  6. Chinese Tech Stocks Lead Market Rebound (wsj)
  7. Buffett Is Back With One of His Biggest Buying Sprees in Years (bloomberg)
  8. Warren Buffett on Investments, Inflation, Politics, and More (barrons)
  9. Mario Gabelli, John Rogers, and other elite investors discussed Warren Buffett’s $23 billion of new bets at Berkshire Hathaway’s annual weekend meeting. Here are the best quotes. (businessinsider)
  10. Alibaba soars 10% as Chinese tech stocks rally after Beijing signals it will pause crackdown on the sector and bolster economic growth (businessinsider)
  11. Warren Buffett says inflation ‘swindles almost everybody,’ Munger rails against bitcoin, market ‘mania’ (cnbc)
  12. Buffett gives most expansive explanation for why he doesn’t believe in bitcoin (cnbc)
  13. At the Berkshire Hathaway annual meeting, Warren Buffett aims to assure shareholders (marketwatch)
  14. China’s Xi Vows Healthy Development of Capital, Deeper Reforms (bloomberg)
  15. Has inflation reached a peak? Three signs that prices could soon come down (cnn)
  16. Fed Prepares Double-Barreled Tightening With Bond Runoff (wsj)
  17. When the Corvette Got a Major Change, It Revved His Engine (wsj)
  18. JPMorgan Expects S&P 500 Earnings to Blow Past Gloomy Estimates (bloomberg)
  19. Activist Investor Daniel Loeb Sees Roughly $1 Trillion of Untapped Value in Amazon (wsj)
  20. Utility Companies Between 1929 and 1992 (DGI)

Be in the know. 10 key reads for Saturday…

  1. Alzheimer’s Drugs Face a Crucial Test (barrons)
  2. Cruising Is Back. Time for Investors to Take a Plunge? (barrons)
  3. Many Retailers Are Already Pricing In a Recession (barrons)
  4. Elon Musk Needs to Make Twitter a Financial Success. Here’s How He Can Do It. (barrons)
  5. A rough 4 months for stocks: S&P 500 books the worst start to a year since 1939. Here’s what pros say you should do now. (marketwatch)
  6. Yes, GDP Shrank. No, It Isn’t the Start of a Recession. (barrons)
  7. As Time Passes, and the Weather Warms, Putin’s Power Play in Europe Loses Force (barrons)
  8. Warren Buffett Is Still Setting Berkshire’s Direction. For How Much Longer? (wsj)
  9. China’s Manufacturing Activity Pummeled by Covid Restrictions (wsj)
  10. The Job That Taught Me the Power of Work (wsj)