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When Cody Berman first started pursuing financial independence, his plan looked a lot like the traditional FIRE playbook: save and invest aggressively, build up a large stock-market portfolio, and eventually live off a small percentage of that nest egg each year.Berman, the author of “Retire by 30” and host of…

Warren Buffett’s Berkshire Hathaway seems to finally be loosening the purse strings now that the legendary investor isn’t calling the shots.Berkshire, now run by Greg Abel, has agreed to buy $10 billion of Alphabet stock in a private placement, Google’s parent company said on Monday.Buffett’s conglomerate — which owns Geico,…

Greg Abel’s tenure as Berkshire Hathaway’s CEO is off to a robust start. Loading audio narration… Abel, who succeeded Warren Buffett at the start of this year, oversaw a 17% jump in operating earnings to $11.3 billion in the three months to March 31, Berkshire’s first quarter earnings report revealed…