The Golden Nest

Hard lesson for U.S. investors: Chinese companies don’t make the rules in China

BEIJING — American investors’ shock at an ongoing regulatory crackdown in China points to a fundamental difference between the two countries that many didn’t seem to grasp: When it comes to making the rules, corporations don’t have as much influence in China as they do in America. U.S. investors in Chinese companies have been caught …

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Apeel doubles valuation, adds Wojcicki sisters and Michael Ovitz as investors

Apeel, a California-based company tackling global food waste, said Wednesday it raised $250 million in a Series E funding round that values the company at more than $2 billion. That’s nearly double its last reported valuation of $1.1 billion from April 2020, according to PitchBook data. The company is known for its edible substance that, …

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In 1999, Warren Buffett was asked what you should do to get as rich as him—his advice still applies today

If you want to be as rich as Warren Buffett, don’t wait to get started. That’s the advice that the investing titan shared in 1999 at Berkshire Hathaway’s annual shareholders meeting when asked how to make $30 billion, which was roughly his net worth at the time. The then-68-year-old Buffett — whose fortune has since …

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Why morning people are happier — and how to ‘hack’ your body clock to be one

Reset your alarm: Waking up just an hour earlier than usual could reduce your risk of depression by 23%, according to a study out of University of Colorado Boulder and the Broad Institute of MIT and Harvard. And each hour earlier that you wake up, the better the benefit, according to the study. Past research …

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A psychotherapist says the most mentally strong kids always do these 7 things—and how parents can teach them

As a psychotherapist, one of the most common questions parents ask me is: What are the key strengths I should be teaching my kids? There are several, but the type that will really help them become their best selves and get through life’s toughest challenges is mental strength. Mental strength requires you to pay attention …

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Charlie Munger doesn’t know what’s worse: Tesla at $1 trillion or bitcoin at $50,000

Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent bitcoin frenzy. During an interview at the Daily Journal’s annual shareholder’s meeting, Munger was asked whether he thought it was crazier for bitcoin to hit $50,000 or for Tesla to …

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Harvard psychologist to parents: Do these 7 things if you want to raise kids with flexible, resilient brains

A child’s brain is not a miniature adult brain. It is a brain born under construction that wires itself to the world. And it’s up to parents to create a world — both physical and social — that is rich with wiring instructions. Based on years of research in neuroscience and psychology, here are seven …

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covid

Medical experts vote in favor of FDA authorization of BioNTech/Pfizer COVID-19 vaccine candidate

A group of independent medical experts on Thursday voted 17-4 in favor of the Food and Drug Administration granting an emergency authorization to BioNTech and Pfizer Inc.’s COVID-19 vaccine candidate. Shares of BioNTech BNTX, +5.48% were up 1.8% in after-hours trading on Thursday, while Pfizer’s PFE, -0.29% stock also gained 1.8%. The ball is in …

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