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How Warren Buffett Changed Investing Forever
Bloomberg Originals· 2025-12-05 09:00
If investors had a Hall of Fame, Warren Buffett would occupy his own wing People from all over the planet, look up to him, read his biography, hop on a plane to go see him talk. He took a failing textile mill and turned it into a trillion dollar conglomerate. It has insurance companies, Dairy Queen, railroads and energy businesses.For decades, Buffett's investment savvy has led Berkshire Hathaway to beat benchmarks. One of the biggest asset managers today, which is Vanguard. The entire philosophy is: no one ...
Their Home Was Sold In a Foreclosure Sale Without Them Knowing
Bloomberg Originals· 2025-12-04 16:30
Well, ultimately without working with us or giving us a chance in any way, they auctioned the second mortgage. A gentleman ended up purchasing it and showing up on our doorstep on a Saturday to tell us that he had purchased our home and that we needed to vacate. So, that's when we ended up here.I'm just not looking back and [music] trying to just look project forward. [snorts] It's not something we've talked about in a while. At some point, we just kind of we fought and we fought and we fought and we [music ...
The Importance of Family in Vietnam
Bloomberg Originals· 2025-12-03 16:46
It's all very well looking at buildings, but if I'm going to test out my theory that family is key to Vietnam's transformation, I'm going to need to find one I can befriend. Luckily, I just so happen to be here for Tate, Vietnam's most important holiday. It's a 3-day celebration, usually in January or February, that marks the Luna New Year and the start of spring.There is a strong emphasis on family reunion. So, everyone is heading home with blossoms and kumquats thought to bring luck and prosperity in the ...
The Zombie Debts Making Wall Street Rich | Exclusive Preview
Bloomberg Originals· 2025-12-02 17:01
The majority of people in the United States build their wealth and their financial future with the equity of their home. >> A consumer horror story that's becoming all too real for thousands of homeowners. >> And these zombie mortgages are robbing people of the equity.Mortgages that they thought were paid off a long time ago are actually coming back to haunt them, putting some at risk of ending up on the street. >> We know it's tens, if not hundreds of thousands of these loans are still out there on the boo ...
How the Vietnam War Shaped Modern-Day Vietnam
Bloomberg Originals· 2025-12-02 16:07
Conflict & Violence - Nearly 100 officers and soldiers were confined in a house, with guns pointed at their heads [1] - Two people were shot dead on the spot [1] - Torture leading to near-death experiences occurred repeatedly, followed by a 20-year sentence of hard labor on Côn Đảo Island [2] - Both sides experienced loss and suffering during the war [2] Reconciliation & Perspective - Despite the past conflicts, there's a desire for friendship and unity after the country's reunification [2] - The focus is on building friendly relationships, recognizing that individuals had different roles during the war [2] - Expressing compassion for those who endured hardship during their youth [3]
A Ponzi Schemer Released by Trump Strikes Again | Exclusive Preview
Bloomberg Originals· 2025-12-02 01:01
I never expected I'd be part of a Ponzi. I never expected to lose money. You fantasize, you know, you fantasize about, well, maybe I can buy a bigger house or or maybe I can send my kids to private school, do things that, you know, you normally wouldn't do.But that made the pain more hard at the end. He said, "Safe, safe, safe. We are going gang buster. This is all fake." The thing like everything is fictitious. >> This is a story about a series of crimes that could have easily been prevented.>> When I foun ...
How Climate Change Affects Vietnam's Rice Fields
Bloomberg Originals· 2025-12-01 18:33
Climate change has hit hard here. Rice has dropped from three harvests a year to just one during the rainy season when there's enough fresh water to flush out the sea. So the rest of the year, the family have come up with an ingenious idea with what to do with those salty flooded fields.Fewer rice crops might sound counterintuitive, but putting both rice and prawns in together means that Hong can still use her fields all year round rather than just the rainy season. And even better, the waste from the prawn ...
Why China’s Ports Empire Has the US Worried
Bloomberg Originals· 2025-11-28 09:00
Global Trade & Infrastructure - China's Belt and Road Initiative aims to strengthen global connectivity by modernizing trade routes and securing maritime pathways [6] - Chinese entities have invested over $60 billion in 129 port projects globally [7] - China's dominance in global trade infrastructure is a central pillar of the Belt and Road Initiative [6] - Approximately 80% of global trade is conducted via ships, highlighting the crucial role of ports [4] - Six of the ten busiest ports in the world are located in China, with 95% of the nation's trade done by sea [4] China's Port Investments & Strategic Implications - China has built a network of about 100 ports on every continent except Antarctica, clustered around key maritime chokepoints [3] - 17 of the ports China has invested in have majority Chinese ownership, potentially offering Beijing more leverage [10] - Concerns exist that Chinese port operators could become listening posts, monitoring the economies surrounding these ports [20] - The megaport in Chancay, Peru, is expected to triple agricultural exports of Peru [2] - The initial investment in Chancay was $1.3 billion, with potential for a total investment of $3.5 billion for expansion [14] Geopolitical Concerns & Countermeasures - US officials have criticized the Chinese investment in the Chancay port, raising national security concerns [15][16] - Some suggest the port in Chancay could be dual use, potentially for military activity, which both Peruvian and Chinese officials deny [17] - The US has at least 127 other overseas military bases [20] - The EU has introduced investment screening regulations to make it more difficult for China to buy up critical infrastructure, including ports [24] - Approximately 5% of global trade travels through the Panama Canal, and 40% of US container traffic flows through it [21]
What’s Next for The World? | An Optimist’s Guide to the Planet
Bloomberg Originals· 2025-11-26 23:00
- How painful is a bite from this guy. - Painful enough. I'm a father to two beautiful daughters. I'm also a husband, a son, a cyclist, a citizen.Here you go. Oh, the future, by definition is uncertain. Who's going to protect the forest.The mountains. Gimme some walking space. Wow.He's angry. We have a natural instinct to fear the unknown. What could possibly go wrong.- This glacier has shrunk almost by half. - Sometimes we need each other to challenge our prejudice. If we don't cooperate, we are not gonna ...
Reese Witherspoon on Picking the Perfect Part
Bloomberg Originals· 2025-11-26 20:08
Hello sunshine. I'm here in LA and I'm about to go meet someone who's at the top of the A-list. It's kind of a dream come true.We are going to meet Ree Witherspoon. Her empire now is called Hello Sunshine and it includes her production company, a massive book club. She's got a Gen Z studio.She's huge on social media. I can't wait to see what happens at Shine Away. I mean, Reese has built this amazing community, and it's really meant to showcase and feature the power that women can have when you unlock their ...