Canadian billionaire at centre of bizarre Mafia and fraud accusations after failed Caribbean casino deal

Canadian billionaire at centre of bizarre Mafia and fraud accusations after failed Caribbean casino deal

Glenn Lowson/NP/Files Billionaire Michael DeGroote is accused of consorting with mobster Vito Rizzuto. A bitter dispute over a US$112-million investment in Caribbean casinos has placed Michael DeGroote, one of Canada’s wealthiest businessmen, at the centre of bizarre accusations of Mafia exploitation, death threats and fraud. Mr. DeGroote, 81 – hailed as a self-made billionaire who was…

How Warren Buffett Uses Discount Rates To Value Stocks

Berkshire Hathaway Warren BuffettWarren Buffett has never detailed the process he uses to value the businesses he acquires for Berkshire Hathaway. However, over the years, he has provided some limited insight into his methods. Q3 2020 hedge fund letters, conferences and more Based on these comments, it is widely assumed that Buffett uses a discount cash flow model Read More