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• Warren Buffett's Berkshire Hathaway has scored a 30x gain on its BYD investment. Here's the story of its bet on the Chinese electric-vehicle company. Summary List Placement Warren Buffett's Berkshire Hathaway has scored a 30-fold gain on its BYD investment. It spent $232 million in 2008 for a stake worth $7.4 billion today. Here's the story of Berkshire's bet on the Chinese electric-vehicle company. Visit Business Insider's homepage for more stories. Warren Buffett's Berkshire Hathaway has made more than $7 billion on its BYD investment to date, representing a roughly 30-fold gain. The famed investor's conglomerate spent $232 million to buy 225 million shares in the Chinese electric-vehicle company in 2008, paying about $1 per share. BYD's stock price has skyrocketed more than 3,000%…
• World Economic Forum chief Klaus Schwab: What Biden means for capitalism, how the pandemic has changed the CEO job, and what the workforce of the future will look like Summary List PlacementLike just about every business leader, Klaus Schwab has had to act quickly as of late. Each year, the World Economic Forum founder and executive chairman hosts the glitzy meeting of world leaders and business executives in Davos, Switzerland. But the pandemic changed that.  The WEF pivoted accordingly. This year, the convention moved to Singapore and has been postponed to May. On Sunday, the Davos Agenda online event kicks off. Insider spoke with Schwab on the swirling events of the past year and how they impact stakeholder capitalism, or a company's purpose is to benefit all its stakeholders,…
• Instagram Reels: Influencers share how to create great content on the app's latest TikTok-style feature Summary List Placement"When I started going more viral and having my Reels get picked up, I started growing a couple hundred and I was like, 'Oh, this is cool. I'm finally growing again.'" influencer Christine Tran Ferguson told Insider this week about Instagram Reels, the 15-second videos launched last August to take on short video behemoth TikTok, to a muted response. But they helped Ferguson gain 40,000 followers since November. And they're favoured by Instagram's elusive algo. The head of Instragram hinted this week Reels may be consolidated or simplified. But, for now at least, they're there and can boost…
• CEOs steer clear of Fox News' Maria Bartiromo Summary List PlacementHello and welcome to Insider Advertising. I'm senior advertising reporter Lauren Johnson, and here's what's going on: CEOs stay clear of Fox News' Maria Bartiromo Ad agency Hero Group sues Omnicom's DDB How much Snapchat creators make from Spotlight If this email was forwarded to you, sign up here for your daily insider's guide to advertising and media. Tips, comments, suggestions? Drop me a line at LJohnson@businessinsider.com or on Twitter at @LaurenJohnson. CEOs are steering clear of Fox News' Maria Bartiromo and denying her interviews, sources say Claire Atkinson and Sean Czarnecki report that some CEOs are denying interviews to Maria…
• Trump's business recovering may depend on him apologizing to Americans Summary List PlacementBillionaire Donald Trump has left the White House to a hospitality empire that appears to be unraveling. The Covid-19 pandemic, which claimed 400,000 American lives during his presidency, has already ravaged his hotels and golf clubs and caused his income to drop by at least one third. But even if President Joe Biden manages to get the coronavirus under control, bringing Trump's businesses back to their pre-pandemic success will require salvaging his reputation. "The reality is that Trump as a luxury hospitality brand in the US is severely damaged if not completely over," Chris Allieri, founder and principal…