This week’s best investing news:Bill Ackman strikes $2.1bn deal for insurer in bid to build ‘modern Berkshire Hathaway’ (FT)Ray Dalio: Why Market Crises Keep Changing the Rules for Investors (Bloomberg)Oakmark’s Bill Nygren discusses how he would grade 2025 (CNBC)5 Key Investing Themes From Warren Buffett’s Early Letters (Morningstar)Top Takeaways from Oaktree’s Quarterly Letters (December) (OakTree)The Reason I’m Bearish on Tech Stocks (Morningstar)GMO – Artificially Inflated (GMO)Concentrate to Get Rich ( ...

The first quarter of the new century brought us a great financial crisis, a global pandemic and several revolutions in the ways markets coped with it all. Our colleague Romaine Bostick gives us highlights and lowlights. -How do we know when irrational exuberance has unduly escalated asset values.-You had a market that hit a peak in early 2000. It proceeded to drop by about 30 percent in the span of just a few months. -The big question is hard versus soft landing at this point.My expectation is the fundament ...