Bill Burr is not afraid to call out the insurance companies who have seized the opportunity to cash in on the L.A. fires. “I love how all the chatter out there is about bans on illegal immigrants and homeless people lighting fires—they light fires every day,

Billionaire hedge fund manager Bill Ackman announced plans to build a modern-day Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Although Ackman and his investors would own most of it, it would be available to invest in as a publicly traded company. Ackman has a unique investment style through his Pershing Square hedge fund.