Political Realism Requires Transatlantic Ties
In the interwar years, the U.S. condoned the German military buildup under warped views of equality between Germany and France, and it enforced German reparations while loaning Germany twice the amount of reparations due—defending each policy in a vacuum. After World War II, America made peace with the idea of U.S. involvement in Europe, and it came to understand the necessity of financial investment in Europe.
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5 Warren Buffett Tips Celebrities Use To Build Lasting Wealth
If you're aiming to grow your wealth to extraordinary levels, it's wise to take a page from Warren Buffett's playbook. As one of the richest individuals in the world and a legendary investor, Buffett has mastered the art of smart financial decision-making. And his numbers speak for themselves. Buffett is currently estimated to have a net worth of about $141.5 billion — an amount you don't accumulate by accident. Read Next: Learn More: Because of this, it's no surprise that celebrities and high-net-worth individuals often turn to Buffett's insights to build and preserve their fortunes. From A-list actors and elite athletes to influential CEOs, many listen closely when the Oracle of Omaha shares his wisdom. His advice spans far beyond stock picks, touching on everything from nurturing relationships and honoring commitments to investing in companies you truly believe in. If you are looking to make better financial choices and pad your bank account as much as the rich and famous have, it's time to tune in to Buffett's timeless principles. Strong Relationships Build Wealth Bill Gates and Warren Buffett don't just share a spot on the list of the world's wealthiest individuals, but they also share a decades-long friendship. One of the most meaningful lessons Gates says he's learned from the legendary investor is the value of relationships. 'Warren Buffett talked about how, in the end, it's how your friends truly think of you and how strong those friendships are that really matters,' Gates once shared. This isn't the first time that the co-founder of Microsoft, with an estimated net worth of $116.8 billion, has spoken warmly about Buffett's relationship advice. Reflecting on their history, Gates has said, 'I've learned many things from Warren over the last 25 years, but maybe the most important is what friendship is all about.' For both Gates and Buffett, building wealth doesn't have to come at the expense of meaningful connections. Consider This: 'A Brand Is a Promise' A-list actress and Grammy-winning singer Jennifer Lopez revealed that her fragrance, Promise, was directly inspired by advice from Warren Buffett. The name stems from one of Buffett's most well-known branding philosophies: 'A brand is a promise.' Lopez embraced that idea wholeheartedly, building a powerful personal brand that has helped her amass an estimated net worth of $400 million. Buffett has shared this concept of 'keeping promises' at several Berkshire Hathaway shareholder meetings, emphasizing the importance of trust and consistency in business. Lopez said the message deeply resonated with her. 'He said a brand is a promise. And I just feel like everything that I put out into the world has to be a promise,' she explained. 'We have to have promises with ourselves. It's really the foundation that keeps us going. It really made me think about life in a bigger way.' Invest for the Long Term World-renowned alpine skier Mikaela Shiffrin is among the many high-profile individuals who closely follow Warren Buffett's investment philosophy. Known for prioritizing long-term value over short-term market trends, Buffett consistently advises investors to put their money into businesses they genuinely believe in. In the 2022 Berkshire Hathaway Annual Report, Buffett emphasized this approach: 'Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. 'Please note particularly that we own publicly traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie [Munger] and I are not stock pickers; we are business pickers.' 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