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Billionaire investor Charlie Munger died Tuesday, just weeks short of his 100th birthday. Munger was vice-chairman of Berkshire Hathaway, and he was best known for his close partnership with CEO Warren Buffett. As WSJ’s Jason Zweig explains, Munger often played Buffett’s sidekick, but his investing expertise made him a celebrity in his own right. Further Reading: - Charlie Munger’s Life Was About Way More Than Money - The Secrets to Charlie Munger’s Success - Charlie Munger, Warren Buffett’s Partner and ‘Abominable No-Man,’ Dies at 99 Journal Swag: - ‘The Journal’ Merch shop
The U.S. House of Representatives has been without a Speaker for more than a week. Now, Republicans say that they have a nominee for the position. WSJ’s Katy Stech Ferek describes the recent chaos, why Republicans appear to have rallied around Steve Scalise and what happens next. Further Reading: -Republicans Nominate Steve Scalise for House Speaker Over Jim Jordan -Could Steve Scalise Quell the House GOP Revolt to Become Speaker? Further Listening: -The Fight Over the Speaker of the House
Before his downfall, Sam Bankman-Fried drew comparisons to Warren Buffett, J.P. Morgan and other titans of finance. As his trial approaches, WSJ’s Caitlin Ostroff charts the meteoric rise of crypto’s golden boy, exploring how he sold customers and powerful people on his ideas, while hiding secrets under the hood of his flashy crypto empire.