LA Times Billionaire Owner Plans to Take Newspaper Public
The newspaper has been under his stewardship since 2018, when his Nant Capital investment vehicle purchased it in a $500 million deal. South Africa-born Soon-Shiong helped steady the business after a clash between its editorial staff and the previous owners.
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Pittsburgh man tells Dave Ramsey he wants to marry his girlfriend of 8 months — but balked when she suggested a prenup
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In fact, you can get started with as little as $10 — here's how Getting on the same page before marriage Mike recently sold a piece of land and will walk away from the deal with $180,000. He's made a budget and plans to use those funds to pay down the mortgage on his own home and be mortgage-free within four years. As they've gotten more serious, Mike broached a conversation about his intention to combine their finances in the future. Eventually, once they potentially marry, he wants to buy a bigger home with his now-girlfriend. His girlfriend, who owns a rental property of her own, doesn't want to combine finances at all, even though their assets are similar and she doesn't come from a wealthy family. Instead, she wants the prenup to outline individual assets and keep their money separate. In fact, she represents 50% of American adults who are open to prenups and hers would represent one in five marriages that actually have one, if she were to go through with getting it. However, after learning the couple has only been together around eight months, Ramsey advised against jumping into an engagement right away. 'You've got some more work to do on this relationship before it becomes a marriage.' Ramsey pointed out that, 'The number one cause of divorce in North America is disagreements over money.' With that sobering statistic in mind, Ramsey suggested the couple get on the same page about money before taking things any further. According to Ramsey, disagreements about money generally reflect a deeper misalignment of values, which is important to work through before getting married. 'I think you scared her,' said Ramsey. She might not be ready to combine her finances due to other fears, particularly around completely trusting a spouse with combined finances. 'What it sounded to me like what she was dealing with was fear-based and it wouldn't have mattered who the guy was,' said Warshaw. But when considering marriage, Mike and his girlfriend still have work to do. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Financial red flags that can predict a breakup Financial disagreements can put strain on any relationship. In fact, a recent survey from the New York Post found that 32% of Americans are uncomfortable discussing finances in their relationship. And 44% worry that discussing finances with their partner will lead to disagreements. If you cannot openly discuss finances with your partner, it's often a red flag. When sharing your life with someone, the ability to openly dialogue about big picture issues, including money, is critical. When a partner actively avoids talking about finances, it can put an ongoing strain on your relationship. After all, anytime you need to make a household money decision, the lack of communication could quickly lead to an issue. In Mike's relationship, Dave already spotted one financial red flag: this couple has mismatched goals. Mike wants to pay off debt and interweave their finances. In contrast, his girlfriend wants to keep her assets protected, just in case. This pre-made exit strategy represents a red flag in Ramsey's eyes. Another potential red flag is when your partner hides financial information from you (the extreme end of this is financial infidelity). While you might not talk about money on your first date, you'll want to put your cards on the table as the possibility of marriage enters the relationship and as managing shared finances becomes a part of the equation. If one or both partners can't bring themselves to share their financial situation, it could represent an impasse for the relationship. And it can take multiple conversations and time to work through this new chapter together in a thoughtful and strategic way. Another issue can be being on different timelines. 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Warren Buffett Doesn't Want to Control a Company; Says Just Invest in ‘Wonderful' Businesses and Let Them Do the Rest
Warren Buffett, the longtime chairman and CEO of Berkshire Hathaway (BRK.B) (BRK.A), is celebrated for his disciplined, value-oriented approach to investing. In his 1981 shareholder letter, Buffett articulated a principle that continues to guide Berkshire's acquisition strategy: 'we would rather buy 10% of Wonderful Business T at X per share than 100% of T at 2X per share.' This philosophy stands in contrast to the prevailing mindset among many corporate managers, who often prioritize full ownership and control, sometimes at the expense of economic rationality. That's because Buffett's reasoning is rooted in a focus on maximizing real economic benefits rather than expanding managerial domain or inflating accounting figures. More News from Barchart 2 Recession-Proof Dividend Stocks to Buy for the Second Half of 2025 UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. This Self-Driving Car Stock Is Surging on a Major Nvidia Boost Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. In fact, the legendary investor has frequently cautioned that managers who stress 'accounting appearance over economic substance usually achieve little of either.' This perspective reflects his belief that the true measure of an investment lies in its underlying value, not in the optics of ownership or the ability to consolidate earnings on financial statements. Throughout his career, Buffett has demonstrated a willingness to take significant minority stakes in high-quality businesses when the price is right, rather than overpaying for full control. This approach allows Berkshire Hathaway to benefit from the growth and profitability of leading companies without incurring the risks or costs associated with outright acquisitions. Notably, this strategy has led to successful long-term investments in firms such as Coca-Cola (KO), American Express (AXP), and Moody's (MCO), where Berkshire's minority positions have generated substantial returns. Buffett's stance also reflects his broader skepticism of empire-building — a tendency among some executives to pursue acquisitions for the sake of expanding their influence, rather than to create genuine shareholder value. He has repeatedly emphasized that capital should be allocated where it can generate the highest real return, regardless of whether that means owning a small piece or the entirety of a business. The relevance of Buffett's 1981 guidance is evident in today's market environment, where mergers and acquisitions remain a central feature of corporate strategy. As companies face pressure to grow and diversify, the temptation to pursue large, transformative deals can be strong. Yet Buffett's preference for economic substance over managerial control serves as a reminder that disciplined, value-driven decision-making is often the more prudent path. Buffett's enduring influence is grounded in his consistency and transparency. His annual letters, including the 1981 edition, offer investors and business leaders a blueprint for rational capital allocation and long-term thinking. By prioritizing real economic benefits over the allure of control or superficial accounting gains, Buffett has built Berkshire Hathaway into one of the world's most respected and successful conglomerates — a testament to the power of value-driven leadership On the date of publication, Caleb Naysmith did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
