Warren Buffett’s charity dinner spurred the boss of an online-trading platform to embrace value investing


  • Cryptocurrency entrepreneur Justin Sun paid $4.6 million for a charity dinner with Warren Buffett in January.
  • Sun hoped to convert Buffett into a Bitcoin fan, but instead one of his guests, eToro CEO Yoni Assia, embraced Buffett’s value-investing approach.
  • Assia read the definitive book on the subject written by Buffett’s mentor, hired a value-investing consultant, and became a bigger proponent of in-depth research and longer investment horizons, Bloomberg reported.
  • The boss of the social-trading platform also tweeted that value investing is a “hidden magic that reveals itself to you only after 20 years of making 15-20% and compounding it.”
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Cryptocurrency executive Justin Sun shelled out $4.6 million for a charity dinner with Warren Buffett in a vain attempt to convert the billionaire investor into a Bitcoin believer. Instead, one of his guests embraced Buffett’s signature value-investing strategy, Bloomberg reported on

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Covid-19 crisis spurred greater API development, survey suggests

While the Covid-19 crisis wreaked havoc with many corporate IT plans — pushing many, at least temporarily, into survival mode — API development either remained constant or even expanded. APIs also have been playing a pivotal role in helping organizations operate on a more virtual level. 

That’s the word from a recent survey of 13,500 developers and other IT professionals, released by Postman. While Postman, an API development platform, obviously has a horse in this race, the sheer magnitude of this study makes it worth a deep look. 

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Photo: Joe McKendrick

The role of APIs in digital transformation efforts cannot be understated, as they are the building blocks for organizations becoming both producers and consumers of software. As observed in previous posts. Even the most mainstream of enterprises (say, retailers or toy manufacturers) are behaving more and more like software companies, increasingly reaching out to customers with APIs and digital

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