A woman from Kansas City called into The Ramsey Show seeking advice on how to untangle her finances after a breakup with her fiancé, which left her facing potential bankruptcy. Dave Ramsey, a financial expert, emphasized the importance of not buying a house with someone you're not married to and suggested selling assets, such as the house and vehicles, to eliminate the debt burden instead of filing for bankruptcy. Ramsey recommended reaching a mutual agreement with her ex to split the proceeds from selling the house and pay off the remaining loans, or alternatively, suing her ex for the dissolution of their partnership.
Warren Buffett's recent portfolio adjustments, revealed in Berkshire Hathaway's 13F filing and third-quarter results, indicate a cautious approach to investing. The renowned investor has been selling more assets than buying, suggesting potential trouble ahead. Buffett's emphasis on patience and discipline in investing has kept Berkshire from making significant mistakes, resulting in a record cash balance of $157.2 billion. The selling in the third quarter was attributed to cleaning out legacy holdings, while Buffett maintained unwavering confidence in top stocks like Apple. Retail investors should take note of Buffett's cautionary moves.
SoftBank CEO Masayoshi Son has been selling off assets to support the struggling conglomerate, including shares in Alibaba and T-Mobile, as the company faces financial challenges due to the underperformance of its Vision Fund and the impact of the COVID-19 pandemic.
