Should I buy this big dip? Warren Buffett has spent a third of his cash hoard — so it might be a sharp idea to start nibbling

NextShark

Elon Musk says recession is ‘a good thing,’ billionaires make people ‘happy’

Elon Musk said in a series of tweets last week that it is “morally wrong and dumb” to use the word “billionaire” as a pejorative and that a possible recession is “a good thing” because it could affect unproductive work-from-home employees. The comment about billionaires came after Musk, 50, opened a poll on Twitter on Friday and asked his 95.7 million followers who they trust less: politicians or billionaires. In another tweet on Friday, the Tesla and SpaceX CEO said it is “morally wrong and dumb” to use the word “billionaire” as a pejorative, adding, “If the reason for it is building products that make millions of people happy.”