Warren Buffett, CEO of Berkshire Hathaway, and former vice chairman Charlie Munger.JOHANNES EISELE/AFP via Getty Images Warren Buffett hailed Charlie Munger as the “architect” of Berkshire Hathaway in his annual letter. The investor also called out stock-market gamblers who buy “hot stocks” and “lottery tickets.” Buffett dismissed forecasters, warned Berkshire’s scale is a challenge, and nodded to […]
Tag: Gamblers
Young gamblers wager away student loan money, addiction therapist warns
A 26-year-old gambling addict, whose problem started in high school, downgraded to a flip phone — free from the apps that made betting on sports all too easy for him. In the throes of addiction, Joe Ruscillo would sink his paycheck into betting each week. He’d gamble in the middle of the night and at […]
2 more charged in robbery of gambler’s casino winnings outside his Mahtomedi home
Two more men have been charged for their alleged roles in last month’s beating of a Mahtomedi man and robbery of more than $38,000 as he arrived home from a casino. Philip William Davids Sr., 59, of Chisago City, and Shawn Eric Lewis Sr., 52, of Minneapolis, were charged by warrant last week with aiding […]