Warren Buffett once compared himself to Mike Tyson and sold life insurance to the boxing champion

Summary List Placement Warren Buffett’s Berkshire Hathaway was Mike Tyson’s life-insurance provider more than 25 years ago. “We insured the life of Mike Tyson for a sum that is large initially and that, fight-by-fight, gradually declines to zero over the next few years,” the famed investor said about the boxing champion in his 1995 shareholder…

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Warren Buffett’s gold bet has ‘made it safe’ to buy the metal, billionaire investor Thomas Kaplan says

Summary List Placement Warren Buffett’s Berkshire Hathaway took a surprise stake in Barrick Gold earlier this year. The famed investor’s endorsement could spur more investors to bet on the metal, NovaGold chairman Thomas Kaplan said on an earnings call this week. “He’s made it safe for anyone interested in gold to be looking at the…

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