Consumer Goods

Mark Zuckerberg issues dire economic warning to Meta employees

Mark Zuckerberg has issued a chilling message to Meta Platforms Inc. Employees: The company faces one of the “worst downturns that we’ve seen in recent history” that will necessitate a scaling back in hires and resources. The dire economic warning was delivered during an internal videoconference meeting on Thursday for Meta’s META, -0.76% 77,800 workers, …

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Here’s what one investor says he’s learned from Warren Buffett and Charlie Munger — and the mistakes he’s made

This year has been inescapably awful for investors, as this chart on first-half performance shows. So in an environment where every short-term move seems to be a bad one, it might be worth getting a longer-term perspective. Monish Pabrai, the founder of both the Pabrai Investment Funds and the Dhando Funds and an author on …

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