Morning Brew Daily Federal Staffers Must Justify Jobs or Be Fired? & Ozempic Shortage is Over
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Feb 24, 2025 Elon Musk's email to federal employees sparks a debate on job justification, with some agencies choosing to ignore it. Warren Buffett reveals Berkshire Hathaway's impressive quarterly results while critiquing the White House. The Ozempic shortage has ended, marking a significant return for weight loss drugs. Fascinating discussions also touch on unique advertising placements and the evolving landscape in the tech and healthcare industries. Lastly, recent political victories in Germany and the cultural shift in the New York Yankees' grooming policies add a fun twist to the market insights.
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Document Your Work
- Federal workers should document their weekly accomplishments in five bullet points.
- This follows an email from the U.S. Office of Personnel Management, influenced by Elon Musk.
Tech vs. Government
- Musk's approach to evaluating federal workers mirrors his methods at tech companies.
- This raises concerns about applying the same strategy to a different sector.
Berkshire's Big Quarter
- Warren Buffett's Berkshire Hathaway saw a 71% surge in Q4 earnings, largely due to a rebound in its insurance portfolio.
- Despite a record $334 billion cash stockpile, Buffett emphasizes their primary focus remains on equities.