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With frozen fruit-juice sticks and PVC pipes filled with peanut butter, science has identified exactly how college students are like chimpanzees.

We can thank Sarah Brosnan for this conclusion.

In one of the coldest regions on the planet, thousands of people choose winter to go for a swim...

The young and old of Russia celebrate winter by taking icy plunges into the water or dropping buckets of ice water over their heads. Some Russians called "morzhi" ("walruses" in English) are part of clubs where they go for ice swims every week... All in normal bathing suits – no special equipment required.

The companies dominating the market today aren't going to be the same ones dominating a few decades from now.

This sounds like an obvious statement. Every single year, innovative technology gives life to new companies that will go on to shape our future. These innovations will push even the best businesses of today into irrelevance.

Ski instructors Bernie and Marita Hart were teaching a nervous bunch of beginners. So 16 years ago, they started teaching their ski students martial arts...

These days, the husband-and-wife duo have taken their lessons to downtown Salt Lake City, in front of a public library or sometimes the Public Safety Building.

Don't let this story happen to you...

My friend's father was a successful banker in his professional life. He earned a great salary and accumulated large amounts of stock in the two major U.S. banks where he worked for years.

We've been waiting... and it finally happened.

Earlier this week, tech stocks – like market darling Nvidia (NVDA) – collapsed when Chinese company DeepSeek unveiled its artificial-intelligence ("AI") tool. DeepSeek claims its AI matches the major players for a fraction of the cost.

If you see a bright red hippo out in the wild, don't worry... It isn't bleeding.

It's sweating.

Believe it or not, I do like technology stocks...

You may be scratching your head right now. After all, I spend a lot of time dissing the sector in this letter.

The old man groan...

You've heard it before. Maybe you've even done it yourself.

Imagine you're walking down the street and stumble across a $100 bill...

You look around to see if anyone is searching for this money. No one is. So you decide to keep it.