Monthly Archives: July 2022

Costco won’t raise the price of its hot dog combo despite brutal inflation. Charlie Munger loves the mega-retailer for almost exactly that reason

Warren Buffett (left) and Charlie Munger. JOHANNES EISELE/Getty Images Costco isn’t raising the price of its hot dog and soda combo despite painful inflation. The big-box retailer has charged $1.50 for the meal since its debut in 1985. Costco’s commitment to customer value is a big reason why Charlie Munger loves the company. Inflation has…

I’m a Lyft driver with disco lights, snacks, and karaoke in my car. Riders love that I’m a party on wheels.

Shelly Castle Shelly Castle is a Houston-based rideshare driver who has driven for Uber and Lyft. During the past five years, Castle has given over 10,000 rides in her party-themed car. This is her story, as told to writer Jenny Powers. This as-told-to essay is based on a transcribed conversation with Shelly Castle, a Houston-based rideshare…

Top Biden pollster tells Trump to ‘come on in’ and ‘jump in the pool’ of the 2024 race

Former President Donald Trump speaks at the Road to Majority conference June 17, 2022, in Nashville, Tenn AP Photo/Mark Humphrey, File Trump should “come on in” and “jump in the pool” of the 2024 race, a top Biden pollster said.  Trump is considering launching his 2024 campaign before the midterms election. Some Democrats are eager…

Cancel for any reason travel insurance provides comprehensive coverage for your trip in case you can’t go

Cancel for any reason travel insurance covers your trip if you want to cancel due to fear of contracting COVID. martin-dm/Getty Images Cancel for any reason insurance is a type of travel insurance add-on.  It allows you to cancel your trip and get reimbursed up to 75% of your costs for any reason. CFAR insurance…

Why investors see the potential in AI-powered, copy-generating adtech companies

Sophisticated AI systems like OpenAI’s GPT-3 can write prose that’s impressively human-like, or at least good enough to fool the average person. They’ve been used to generate essays, poetry, stories, news reports and more to impressive effect. Perhaps it was only a matter of time, then, before entrepreneurs saw an opportunity to leverage such systems…