Monthly Archives: February 2019

One method to help ascertain the legislative intent behind a specified measure in California is a letter that is published in the Assembly Daily Journal or the Senate Daily Journal by the bill’s author. These letters, for which there are many each year, may be used by the bill’s author to explain an ambiguity in the bill or explain the purpose of particular changes in the law as done by the bill, for example. Read more...

Berkshire Hathaway Inc. (BRK.A) released its 2018 annual report on Feb. 23, 2019, and the letter to shareholders from Chairman Warren Buffett contains items of interest to Berkshire shareholders and the general investing public alike. Investopedia studied this letter, and found five observations by Buffett that should be of particular interest, as summarized below. Read more...

The Trump administration Thursday broke off negotiations with California over limits on greenhouse gas emissions from cars, blaming state officials for failing to offer “a productive alternative” to the White House’s plans. Read more ...