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It's Berkshire's first big day without Buffett as host... May 02, 2026 View Online | Sign Up | Shop Presented By Hold your horses. It’s Kentucky Derby day. A horse named Emerging Market is 15-1 and a popular longshot pick among prognosticators. Consider this your chance to tell people “I’ve got my money in an emerging market,” so you can sound like a savvy investor instead of a casual gambler. —Brendan Cosgrove, Dave Lozo, Matty Merritt, Sam Klebanov, Abby Rubenstein, Holly Van Leuven In today’s newsletter, we’ll look at: ...