“Dick was always by our side,” Henry Kravis of KKR, whom Beattie advised in the Nabisco takeover fight, told me. Kravis also mentioned this moving anecdote

In our old place, we caught a mouse and dropped it off at a park that was 10m away. Pretty sure it came back.

We caught it a second time, except we took it on the Tube for a 30m ride that crossed the Thames, took it to a small park and released it. A bird immediately swooped down and ate it.

Obviously, as a Filipino-American, seeing the first Asian/Filipino pope would have also been significant. Regardless, what a moment

• And he taught generations of investors how to, well, invest

@laurenhirsch.bsky.social, Maureen Farrell and I dug into why Buffett mattered to so many for @nytimes.com

www.nytimes.com/2025/05/04/b...

• Value investing long predated Buffett. But no one had done it for as long, or nearly as successfully, as him
• Berkshire is truly a remarkably unique creation and wealth-generation machine
• Buffett transcended business fame for actual fame, and that made Wall Street, Washington pay him heed

Read more in DealBook www.nytimes.com/2025/04/29/b...

Meet Thrive Holdings, which I'm told is seeking to raise at least $1 billion. It intends to incubate companies, infuse them with AI and use the cashflow to buy other companies. (Roll-ups, essentially.)

But as a permanent capital vehicle, it can own stakes in these companies "forever," I'm told.

I spoke with Ulukaya about how I haven't been able to buy Chobani since moving to the UK. (Unless I've missed it somewhere!)

I wrote about how this underscores Chobani's growth ambitions and a potential future attempt at an IPO.

But another interesting thing that Ulukaya spoke about was Chobani's commitment to hiring refugees, even in this moment.

“We cannot operate any other way,” he said. “To me, anybody is welcome.”

Ulukaya said the company will of course follow whatever the law says. But as of now, he told me, there has been no change that requires Chobani to change course.

Anyway, read more on all of this on DealBook: www.nytimes.com/2025/04/22/b...

I wrote about how this underscores Chobani's growth ambitions and a potential future attempt at an IPO.

But another interesting thing that Ulukaya spoke about was Chobani's commitment to hiring refugees, even in this moment.

“We cannot operate any other way,” he said. “To me, anybody is welcome.”

New York State offered nearly $100 million in development grants and tax credits. The math, Gov. Kathy Hochul told me, works out, especially since the package is dependent on Chobani meeting certain milestones:

"That to me is worth the investment to get a $1 billion growth investment," she said