Is it my subjective perception, or do billionaires dominate the most recent news?
First, I saw the news about Charlie Munger, Warren Buffet’s “right-hand” man, dying at 99.
Billionaire Charlie Munger, Warren Buffet's right hand man, dies at 99 - UPI.com
Charlie Munger, a billionaire who became Warren Buffet's most trusted adviser at Berkshire Hathaway, is dead at 99.
Buffet is an icon, but I never followed him closely, so my awareness of Munger was very limited, though I recognized the face when I saw the news. Who is this man? How was his life, I wondered. Was it fun? Does he have a legacy? He belongs to a very different generation than the tech moguls who you always see in the news, like Musk and Bezos, so I felt there was an aura of something unknown and unfamiliar. I am hesitant to use the word mystery. Mystery has an element of intrigue but there was no intrigue in Munger’s passing at 99.
Then, the news of Mark Cuban selling the Dallas Mavericks. Earlier this week, it was also reported that Cuban exited Shark Tank. I really like Mark Cuban. You can’t hate him. He’s likable. I think he could run for President. Or maybe I’m wrong, and there are people who dislike him like they dislike most billionaires. Why did he sell his majority stake? He will net billions. Why does he need them? Now, there you have a bit of a mystery. Or maybe not. Is he “retiring”? Retiring from what? Or is he planning to focus on something that’s truly important to him? Something grandiose.
He sold his stake to some other billionaire. The Adelson family. Who the fuck are the Adelson family?! I don’t mean to sound derogatory. Maybe I should know who they are if I claim to keep in touch with business and current affairs. But I didn’t know. It just feels strange to me that there are some ultra-rich people you’ve never heard of. Who are they? Do they have a legacy?
Then there is Bezos. He recently moved to Miami. I thought he retired from Amazon but now there is talk of Amazon looking for office space in Miami.
Then there is the omnipresent Musk. This week, I read the news about his Neuralink “quietly” raising tens of millions. Neuralink is about implantable brain chips. Sometimes, you hear things and move on unfazed because you’re so used to the extraordinary technological progress happening before you. But sometimes you pause and think What?! I thought that the other day — What…