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Buffett stated that Berkshire Hathaway purchased $17 billion in Treasury bonds this week. He also mentioned that if the market experiences a significant decline, Berkshire Hathaway will utilize its cash.

[Buffett Says Berkshire Hathaway Bought $17 Billion in Treasury Bonds This Week]Buffett stated that Berkshire Hathaway purchased $17 billion in Treasury bonds this week. He also mentioned that if the market experiences a significant decline, Berkshire Hathaway will utilize its cash.

Buffett Says Berkshire Hathaway Bought $17 Billion in Treasury Bonds This Week

The Better Money Company, a stablecoin clearing service provider co-founded by former a16z investor Sam Broner, has announced the completion of a $10 million seed funding round. a16z crypto led the investment, with participation from BoxGroup, Sunflower Capital, Circle co-founder Sean Neville, and former Microsoft executive Charlie Songhurst among other angel investors. The new funding will support the company's establishment of a stablecoin clearing center and the development of partnerships with stablecoin issuers.

[The Better Money Company Completes $10 Million Seed Funding Round]The Better Money Company, a stablecoin clearing service provider co-founded by former a16z investor Sam Broner, has announced the completion of a $10 million seed funding round. a16z crypto led the investment, with participation from BoxGroup, Sunflower Capital, Circle co-founder Sean Neville, and former Microsoft executive Charlie Songhurst among other angel investors. The new funding will support the company's establishment of a stablecoin clearing center and the development of partnerships with stablecoin issuers.

The Better Money Company Completes $10 Million Seed Funding Round

On March 31, a Reuters survey projected that the average price of U.S. crude oil in 2026 will be $76.78 per barrel, up from the February forecast of $60.38. The average price for Brent crude oil in 2026 is expected to be $82.85 per barrel, compared to the February prediction of $63.85. (Jin Shi)

[Reuters Significantly Raises 2026 U.S. Crude Oil Average Price Forecast]On March 31, a Reuters survey projected that the average price of U.S. crude oil in 2026 will be $76.78 per barrel, up from the February forecast of $60.38. The average price for Brent crude oil in 2026 is expected to be $82.85 per barrel, compared to the February prediction of $63.85. (Jin Shi)

Reuters Significantly Raises 2026 U.S. Crude Oil Average Price Forecast

On March 31, Warren Buffett, the 'Oracle of Omaha,' stated in an interview with CNBC that stock market valuations are still not appealing. Following this year's market decline, Berkshire Hathaway has not found many attractive buying opportunities. Buffett downplayed recent market fluctuations, indicating that the current environment is far from the periods that created significant buying opportunities in the past: 'Since I took over, the market has dropped more than 50% at least three times. The current situation is not exciting at all.' Even after stepping down as CEO of Berkshire Hathaway, the 95-year-old Buffett remains deeply involved in investment decisions. He mentioned that he still goes to the office every day and continues to monitor the market. His daily routine includes calling Berkshire's financial asset manager Mark Millard before the market opens to discuss market dynamics. Millard executes trades based on these discussions, demonstrating that despite Buffett handing over the CEO role to Abel in early 2026, he still maintains personal involvement.

[Buffett: Stock Market Valuations Lack Appeal, Remains Deeply Involved in Investment Decisions]On March 31, Warren Buffett, the 'Oracle of Omaha,' stated in an interview with CNBC that stock market valuations are still not appealing. Following this year's market decline, Berkshire Hathaway has not found many attractive buying opportunities. Buffett downplayed recent market fluctuations, indicating that the current environment is far from the periods that created significant buying opportunities in the past: 'Since I took over, the market has dropped more than 50% at least three times. The current situation is not exciting at all.' Even after stepping down as CEO of Berkshire Hathaway, the 95-year-old Buffett remains deeply involved in investment decisions. He mentioned that he still goes to the office every day and continues to monitor the market. His daily routine includes calling Berkshire's financial asset manager Mark Millard before the market opens to discuss market dynamics. Millard executes trades based on these discussions, demonstrating that despite Buffett handing over the CEO role to Abel in early 2026, he still maintains personal involvement.

Buffett: Stock Market Valuations Lack Appeal, Remains Deeply Involved in Investment Decisions

On March 31, Italy denied the landing of U.S. military aircraft at an Italian Air Force base, citing 'lack of authorization and non-routine mission.'

[Italy Refuses U.S. Military Aircraft Landing at Air Force Base]On March 31, Italy denied the landing of U.S. military aircraft at an Italian Air Force base, citing 'lack of authorization and non-routine mission.'

Italy Refuses U.S. Military Aircraft Landing at Air Force Base

On March 31, Trump stated that the announcement of victory is 'within reach.' He added that anyone wanting to remove Iran's uranium mines will find it 'very difficult.'

[Trump: Victory Announcement is 'Within Reach']On March 31, Trump stated that the announcement of victory is 'within reach.' He added that anyone wanting to remove Iran's uranium mines will find it 'very difficult.'

Trump: Victory Announcement is 'Within Reach'

On March 31, Chairman of the Joint Chiefs of Staff Dan Kane stated that the US military is targeting Iran's mining capabilities. Additionally, the US has begun conducting B-52 bombing missions over Iran.

[US Military Targets Iran's Mining Capabilities]On March 31, Chairman of the Joint Chiefs of Staff Dan Kane stated that the US military is targeting Iran's mining capabilities. Additionally, the US has begun conducting B-52 bombing missions over Iran.

US Military Targets Iran's Mining Capabilities

On March 31, Iranian media reported that Jamshid Ekhaki, an advisor to the Chief of Staff of the Iranian Armed Forces, was killed in a joint attack by the United States and Israel. (Xinhua News Agency)

[Advisor to Chief of Staff of Iranian Armed Forces Killed]On March 31, Iranian media reported that Jamshid Ekhaki, an advisor to the Chief of Staff of the Iranian Armed Forces, was killed in a joint attack by the United States and Israel. (Xinhua News Agency)

Advisor to Chief of Staff of Iranian Armed Forces Killed

On March 31, Buffett stated that if he were the chairman of the Federal Reserve, he would pay attention to inflation and the stability of the banking system. However, he is uncertain whether he would lower interest rates if he were in the Fed. When asked if he is concerned about shadow banking or private credit, Buffett indicated that issues could spread from one part of the banking system to another.

[Buffett: If I Were Fed Chair, I Would Focus on Inflation and Banking Stability]On March 31, Buffett stated that if he were the chairman of the Federal Reserve, he would pay attention to inflation and the stability of the banking system. However, he is uncertain whether he would lower interest rates if he were in the Fed. When asked if he is concerned about shadow banking or private credit, Buffett indicated that issues could spread from one part of the banking system to another.

Buffett: If I Were Fed Chair, I Would Focus on Inflation and Banking Stability

Francine McKenna is a lecturer in financial accounting at The Wharton School at the University of Pennsylvania. She currently produces a newsletter, The Dig, about public and pre-IPO companies.
The first red flag anyone receiving these reports should have seen is that there were two different audit firms producing them. The choice of firms itself is questionable. These are two small outfits, not even on the next tier to the Big Four global audit firms – Deloitte, Ernst &Young, KPMG and PricewaterhouseCoopers. Armanino and Prager Metis do audit a few public companies but none of the size or complexity of FTX. Because the firms are so small, the audit regulator, the Public Company Accounting Oversight Board (PCAOB), inspects them only once every three years.
The second red flag for any reader of the 2021 audit reports is that neither the Armanino nor the Prager Metis audit reports for 2021 provides an opinion on the FTX US or FTX Trading internal controls over accounting and financial reporting.
The third red flag is, despite a combination of enormous siphoning off of firm assets by related parties and favorable tax planning, neither FTX Trading nor FTX US paid any federal income taxes, although they both appeared to be profitable. 
The biggest red flag for preparers and readers of the audited financial statements should have been the number of complex, roundtrip and utterly confounding related-party transactions documented in just these two years.

Detail

【Penn Wharton accountant lists multiple red flags for FTX before collapse】Francine McKenna is a lecturer in financial accounting at The Wharton School at the University of Pennsylvania. She currently produces a newsletter, The Dig, about public and pre-IPO companies.
The first red flag anyone receiving these reports should have seen is that there were two different audit firms producing them. The choice of firms itself is questionable. These are two small outfits, not even on the next tier to the Big Four global audit firms – Deloitte, Ernst &Young, KPMG and PricewaterhouseCoopers. Armanino and Prager Metis do audit a few public companies but none of the size or complexity of FTX. Because the firms are so small, the audit regulator, the Public Company Accounting Oversight Board (PCAOB), inspects them only once every three years.
The second red flag for any reader of the 2021 audit reports is that neither the Armanino nor the Prager Metis audit reports for 2021 provides an opinion on the FTX US or FTX Trading internal controls over accounting and financial reporting.
The third red flag is, despite a combination of enormous siphoning off of firm assets by related parties and favorable tax planning, neither FTX Trading nor FTX US paid any federal income taxes, although they both appeared to be profitable. 
The biggest red flag for preparers and readers of the audited financial statements should have been the number of complex, roundtrip and utterly confounding related-party transactions documented in just these two years.

Penn Wharton accountant lists multiple red flags for FTX before collapse

Article

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Penn Wharton accountant lists multiple red flags for FTX before collapse

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

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