Warren Buffett has significantly increased his wealth through long-term investments, guiding Berkshire Hathaway to over 5,000,000% returns in 59 years. His largest holding, Apple (NASDAQ: AAPL), with 300 million shares, is a strong investment due to its brand power, robust profits, and growth potential from new AI features and a growing services segment, which now constitutes 21% of its revenue. Berkshire Hathaway, valued at $1.1 trillion with substantial cash reserves, continues to outperform the S&P 500, making it an attractive investment option alongside other major stakes, including American Express and Coca-Cola.
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Florida plans migrant detention centre in Everglades
The Department of Homeland Security is establishing a detention center for migrants in the Florida Everglades, funded largely by FEMA, with costs estimated at $450 million annually. Criticism has arisen from local lawmakers, including Miami-Dade's mayor, over potential environmental impacts, while Florida's Attorney General argues the site will deter escapees due to its remote location. Need More Context? 🔎
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