Investing.com -- Guy Spier, the prominent Zurich-based value investor and longtime disciple of Warren Buffett, is returning capital to investors in his $470 million Aquamarine Fund, citing both personal health challenges and a fundamental shift in the viability of active management.
Investing.com -- Guy Spier, the prominent Zurich-based value investor and longtime disciple of Warren Buffett, is returning capital to investors in his $470 million Aquamarine Fund, citing both personal health challenges and a fundamental shift in the viability of active management.
Francois Penz, former head of the department of architecture at the University of Cambridge and a pioneer in the interdisciplinary field of architecture and film, has joined Nanjing University on a full-time basis. The school of architecture and urban planning of Nanjing University announced the appointment on its social media account on March 17. Penz is an emeritus professor at the university, a...
Francois Penz, former head of the department of architecture at the University of Cambridge and a pioneer in the interdisciplinary field of architecture and film, has joined Nanjing University on a full-time basis. The school of architecture and urban planning of Nanjing University announced the appointment on its social media account on March 17. Penz is an emeritus professor at the university, a former director of The Martin Centre for Architectural and Urban Studies, a fellow of Darwin...
While walking along China’s roads, it is not uncommon to see leftover herbs scattered on the surface. This is not some random dumping problem, it is in fact Traditional Chinese Medicine (TCM) leftovers deliberately poured out by the people who cooked them. Superstition has it that by pouring the TCM leftovers on public roads, other people can walk and drive over them, thereby helping keep illness ...
While walking along China’s roads, it is not uncommon to see leftover herbs scattered on the surface. This is not some random dumping problem, it is in fact Traditional Chinese Medicine (TCM) leftovers deliberately poured out by the people who cooked them. Superstition has it that by pouring the TCM leftovers on public roads, other people can walk and drive over them, thereby helping keep illness at bay. There is a folk legend that the habit originated in the Tang dynasty (618–907). Sun Simiao,...
Researchers have found that athletes experience emotional abuse more than any other form of harm. Some athletes maintain that this kind of abuse by coaches can cause lasting, even irreparable damage.
Researchers have found that athletes experience emotional abuse more than any other form of harm. Some athletes maintain that this kind of abuse by coaches can cause lasting, even irreparable damage.
Extreme TSA lines at airports have left many passengers scrambling to rebook flights missed due to delays. But while airlines say they're helping flyers, they're not obligated to do so. (Image credit: Michael M. Santiago)
Extreme TSA lines at airports have left many passengers scrambling to rebook flights missed due to delays. But while airlines say they're helping flyers, they're not obligated to do so. (Image credit: Michael M. Santiago)
South Africa's iconic Market Theater, born in the darkest days of apartheid and a force for change, is celebrating its 50th anniversary. (Image credit: Ruphin Coudyzer)
South Africa's iconic Market Theater, born in the darkest days of apartheid and a force for change, is celebrating its 50th anniversary. (Image credit: Ruphin Coudyzer)
People who care for an adult child, partner or sibling have to face the reality that their loved may outlive them. Planning ahead is key but it's not easy.
People who care for an adult child, partner or sibling have to face the reality that their loved may outlive them. Planning ahead is key but it's not easy.
Members of the MAGA faithful gathered in Texas for the annual Conservative Political Action Conference. While tensions over Iran split some attendees, Trump remained the glue holding them together. (Image credit: Brandon Bell)
Members of the MAGA faithful gathered in Texas for the annual Conservative Political Action Conference. While tensions over Iran split some attendees, Trump remained the glue holding them together. (Image credit: Brandon Bell)
Meta and Alphabet, the parent company of YouTube, saw their stock price drop this week after a jury found the companies liable for the design and operations of their platforms, harming a young user.
Meta and Alphabet, the parent company of YouTube, saw their stock price drop this week after a jury found the companies liable for the design and operations of their platforms, harming a young user.
Despite its leadership in the weight-loss medicine market, Eli Lilly (NYSE: LLY) is not performing well this year, with its shares down 15% to date. Some worry that the drugmaker will eventually face stiff competition in its core niche, eroding its pricing power and profits. However, Eli Lilly has several strengths that should help it perform well over the medium term, even beyond its deep pipelin...
Despite its leadership in the weight-loss medicine market, Eli Lilly (NYSE: LLY) is not performing well this year, with its shares down 15% to date. Some worry that the drugmaker will eventually face stiff competition in its core niche, eroding its pricing power and profits. However, Eli Lilly has several strengths that should help it perform well over the medium term, even beyond its deep pipeline. Let's look at one reason the stock could deliver strong returns through the next five years. Image source: Getty Images. Since 2020, Eli Lilly's gross and operating margins have improved noticeably. The company's margins as of the fourth quarter of 2025 are higher than those of its similarly sized peers. Continue reading
Singapore has seized over 830kg (1,800 lbs) of Asian pangolin scales hidden in a shipment bound for Cambodia, authorities said on Saturday, calling it the largest haul of its kind discovered in the city state. Falsely declared as “dried fish skin”, the scales – estimated to be from more than 2,200 pangolins – were found in 30 bags on December 29 after officials intercepted an inbound truck carryin...
Singapore has seized over 830kg (1,800 lbs) of Asian pangolin scales hidden in a shipment bound for Cambodia, authorities said on Saturday, calling it the largest haul of its kind discovered in the city state. Falsely declared as “dried fish skin”, the scales – estimated to be from more than 2,200 pangolins – were found in 30 bags on December 29 after officials intercepted an inbound truck carrying sea cargo, Singapore’s National Parks Board said in a statement. The announcement came as...
Getty Images Comstock Inc. ( LODE ) reported 4Q25 results recently. The update did not provide much additional detail on operating performance (the company does not have many "operations"), but it did provide a lot of detail on financing and on the company's intended capital allocation for 2026. The main takeaway is that LODE raised enough equity in early 2026 to keep advancing its recycling plans...
Getty Images Comstock Inc. ( LODE ) reported 4Q25 results recently. The update did not provide much additional detail on operating performance (the company does not have many "operations"), but it did provide a lot of detail on financing and on the company's intended capital allocation for 2026. The main takeaway is that LODE raised enough equity in early 2026 to keep advancing its recycling plans, thereby meaningfully reducing near-term liquidity risk. At the same time, the company is still operating from a very small revenue base, with very high corporate costs, while continuing to talk about monetizations and valuations for non-core assets that have not yet been realized. I still do not think the underlying business quality or execution profile justifies much enthusiasm. Comstock posted a $38 million operating loss in 2025. This is still a business with little revenue and no demonstrated profitability, now trying to scale an industrial recycling operation in a field where it has no long track record. For that reason, despite the financing improvement, I maintain a Hold rating. Equity financing The most important news from the quarterly release and call is the company's new round of equity financing. It had already been announced in early February 2026 . In 2025, Comstock issued equity for net proceeds of about $35 million. Most of that came via an equity offering in August , plus over-allotments, plus ATM. Then, in early 2026, the company issued equity again. The 10-K for FY25 says Comstock raised another $46 million net on the base deal, plus $7 million in over-allotment, that is, a net $53 million in new capital. LODE had no outstanding debt at year-end 2025, had $17 million of cash on the balance sheet, and then added another roughly $53 million net shortly afterward. It did pay other obligations discussed in the early February call, but it still had $56 million in cash by late March 2026 (according to the release). According to management in the 4Q25 call, th...
Singapore Prime Minister Lawrence Wong has met Hong Kong political heavyweights and business leaders – including former Chief Justice Andrew Li Kwok-nang and Richard Li Tzar-kai, the son of tycoon Li Ka-shing – in what he described as a “short but meaningful visit” to the city. Wrapping up his first official visit to the city since he became prime minister in 2024, Wong said in a Facebook post on ...
Singapore Prime Minister Lawrence Wong has met Hong Kong political heavyweights and business leaders – including former Chief Justice Andrew Li Kwok-nang and Richard Li Tzar-kai, the son of tycoon Li Ka-shing – in what he described as a “short but meaningful visit” to the city. Wrapping up his first official visit to the city since he became prime minister in 2024, Wong said in a Facebook post on Saturday that closer cooperation between the two Asian financial centres would contribute to the...