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The Latest Breaking News on Hedge Funds

Warren Buffett plans to donate over 99% of his fortune rather than build a family dynasty: Here's why

Warren Buffett, one of the world's most successful investors and the chairman of Berkshire Hathaway, has long maintained that the vast majority of his wealth should be used for philanthropy rather than passed down through generations of his family. The billionaire has pledged to donate more than 99% of his…

The Times of India

Mamdani’s pied-à-terre tax isn’t far off Labour’s housing policy. Not that you’ll ever hear Starmer say it

The UK has its own progressive second home and ‘mansion’ taxes. So why isn’t the PM shouting it from the rooftops, asks Anna Minton, a reader in architecture at the University of East London

The Guardian - UK

Melinda Gates tells interviewer ‘Epstein could have been stopped’ days after her ex testified to Congressional panel

‘If we don’t want children to be harmed, the justice system has to work,’ the philanthropist said

The Independent UK

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Beyond the millions: 10 essential life lessons Warren Buffett thinks everyone should live by

Warren Buffett’s philosophy stretches far beyond the balance sheets of Berkshire Hathaway. Over decades of writing his legendary annual shareholder letters and speaking to students, he has created a framework for living a rational, deliberate, and high-integrity life. Here are 10 life lessons extracted from his huge body of work.

The Times of India

Bill Gates Tells Congress Jeffrey Epstein Tried to Use His Infidelity Secrets to Pull Him Back into His Orbit

Bill Gates testified before Congress, revealing Jeffrey Epstein's attempts to blackmail him using personal information. Gates regrets meeting Epstein and denies involvement in any criminal activities.

International Business Times UK

Elliott Management Statement on Northern Star Resources Ltd

WEST PALM BEACH, Fla., June 11, 2026 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together hold an investment of well over A$1 billion in Northern Star Resources Ltd ("Northern Star" or the "Company"), today issued the following statement in response to the letter to shareholders published…

AAP

'A Grave Error in Judgment': Bill Gates Claims His Relationship With Jeffrey Epstein Was Purely Professional

Bill Gates testified against Jeffrey Epstein, admitting a grave error in judgment by associating with him. Gates emphasised their relationship was professional, with no financial transactions involved.

International Business Times UK

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Epstein pressured me using knowledge of affairs: Gates

Microsoft co-founder Bill Gates has accused Jeffrey Epstein of blackmailing him over his extramarital affairs in comments to a US Congressional Committee.

AAP

Andy Burnham cancels call with hedge funds over ‘bond market pressure’ at short notice

The Greater Manchester mayor appears set to challenge for the Labour leadership

The Independent UK

Ray Dalio’s one-line formula for learning faster than your competitors

Professional failures offer crucial lessons. Ray Dalio's formula, Pain plus Reflection equals Progress, highlights this. Instead of just working harder after mistakes, organizations must systematically reflect. This reflection, not heroic effort, drives real improvement. Near-misses provide valuable insights. Quickly updating processes after errors creates a significant competitive advantage. This approach…

The Times of India

Soros' Open Society Foundations commit $30M to groups fighting antisemitism and anti-Muslim hate

Open Society Foundations, the family philanthropy founded by hedge fund billionaire George Soros, is putting $30 million toward groups fighting antisemitism and anti-Muslim hate

The Independent UK

Berkshire Hathaway’s annual meeting draws light crowds as new CEO works to win shareholders in post-Buffett era

The new CEO noted that the conflict in the Middle East presents challenges for Berkshire's operations due to oil's fundamental role

The Independent UK

Crispin Odey says ‘that’s bad news’ after he is banned from driving for a year

Odey, 67, told Bromley Magistrates’ Court on Friday that he was not used to 20mph speed limits after he was caught speeding in a Range Rover.

Evening Standard

Citadel CEO Ken Griffin Blasts Mamdani's Tax Video as 'Personal Attack'

Citadel CEO Ken Griffin criticizes NYC Mayor Zohran Mamdani's viral tax video as a personal attack, raising concerns over business climate.

International Business Times

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The Independent UK

Should your stocks and shares ISA favour growing share prices or dividends?

Dividends can be an investor’s best friend, but cash is not always king

Tom’s Guide

I used ChatGPT to apply Warren Buffett’s ‘two-list’ rule — and it changed how I set goals

I used ChatGPT to apply Warren Buffett’s two-list rule to my goals — and it helped me focus, cut distractions and finally prioritize what matters most.

Tom’s Guide

I asked ChatGPT to use Charlie Munger’s ‘Inversion rule' to rethink my goals — and it beat every productivity app

I asked ChatGPT how to use Charlie Munger’s famous Inversion rule to rethink success, stress and career growth — and the mindset shift instantly clarified what actually matters.

The Guardian - UK

Crispin Odey drops £79m libel claim against FT over sexual misconduct allegations

Ex-hedge fund manager ‘forced to accept’ newspaper likely to succeed in its public interest defence, say his lawyers

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Kiplinger

Berkshire Hathaway After Buffett: What's Next for Investors?

CEO Greg Abel's playbook looks a lot like Warren Buffett's, but with some twists.

The Guardian - UK

Crispin Odey tried to ‘manipulate’ sexual assault victim, FCA tells court

Former hedge fund manager warned ex-employee he had groped that Financial Conduct Authority may question her

The Guardian - UK

Crispin Odey: I can’t remember telling female employee ‘I could attack you now’

Hedge fund tycoon faces questions in court over sexual harassment allegations that have left his career in tatters

International Business Times UK

Ray Dalio Says US Will Lose The War With Iran if It Fails to Break the Strait of Hormuz Blockade

Billionaire investor Ray Dalio warns that the United States risks an 'empire-ending' defeat and the collapse of the petrodollar if it fails to break Iran's blockade of the Strait of Hormuz.

International Business Times

Berkshire Hathaway Makes First Buyback in Nearly Two Years Amid Kraft Heinz Split Hold

Berkshire Hathaway resumes share buybacks after nearly two years as CEO Greg Abel backs Kraft Heinz decision to pause its planned company split.

International Business Times UK

Gates Admits Past Affairs with Russian Bridge Player and Physicist After Microsoft Investigations Followed

Bill Gates admits to past affairs with Russian women and clarifies his ties with Jeffrey Epstein during a town hall, amid scrutiny over his personal life and its impact on his philanthropic work.

The Guardian - US

Epstein-linked Leon Black waged bid to ‘silence’ law firm and accusers, suit says

Wigdor LLP accuses billionaire of trying to ‘destroy those who seek to hold him to account for alleged sexual assault’

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