Below you will find the articles on economics, investing, and finance that we found most interesting for the week.
NB: ($) denotes subscription site.
Warren Buffett’s 50th anniversary letter as CEO of Berkshire Hathaway had some good insights as usual.
There is a lesson to be learned from the rise and fall and rise again of Iceland’s richest man. In this case, an empire built on mountains of debt is always vulnerable when conditions change.
Sweet Briar College closes its doors. The first of many higher ed casualties to come as a result of unsustainable student debt loads?
Is India’s finance minister cutting rates because he has confidence in fiscal reforms?
In-app purchase supported games hit the big time in the United States with Game of War (it generates $1 million in in-app purchases per day). This has been the primary business model for games in China and Korea for some time.
Forbes had an interesting profile of Nigerian, Aliko Dangote, Africa’s wealthiest man.
Fraudsters quickly take advantage of Apple Pay using low-tech methods.