PUNTA ARENAS, Chile: An American social media influencer who has been stuck in a Chilean air base in Antarctica for two months after landing a plane there without permission was released on Saturday back to the mainland, where he was to pay $30,000 in penalties.
Ethan Guo, who was 19 when he began his fundraising mission for cancer research, was attempting to become the youngest person to fly solo to all seven continents.
But he was detained after Chilean authorities said he lied to officials by providing authorities with “false flight plan data.” Prosecutors said he had been authorized to only fly over Punta Arenas in southern Chile, but that he kept going south, heading for Antarctica in his Cessna 182Q — a single-engine light aircraft known for its versatility.
After he landed in Chile’s Antarctic territory on June 28, he was detained in a military base amid legal negotiations between his lawyers and the government. Guo, who is originally from Tennessee and turned 20 in July, spent two months living in the base with limited communications and freezing Antarctic winter temperatures plunging below zero.
He was released by a Chilean judge on the condition that he donate the tens of thousands of dollars raised to a childhood cancer foundation within 30 days and leave the country as soon as possible. He is also banned from entering Chilean territory for three years.
The influencer’s lawyer Jaime Barrientos told The Associated Press that Guo landed because he had to divert his aircraft due to poor weather conditions, and that he did receive authorization from Chilean authorities.
“To his surprise, when he was about to take off back to Punta Arenas he was arrested, in a process that from my perspective was a total exaggeration,” Barrientos said.
Barrientos said he was happy with the agreement struck with authorities.
Guo landed Saturday at Punta Arenas aboard a navy ship wearing a Chilean national soccer team jersey and appeared friendly with the press after disembarking, describing his detention as “mundane” experience with “limited freedoms”.
“The Chilean people have been incredibly hospitable, they’ve been fantastic people. They’ve taken care of me. They’ve taught me Spanish, and they’ve treated me like family,” he said.
Pilot and influencer Ethan Guo released from Antarctic air base after two months
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Pilot and influencer Ethan Guo released from Antarctic air base after two months
Some Warren Buffett wisdom on his last day leading Berkshire Hathaway
OMAHA, Nebraska: The advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his annual letters and filled an arena in Omaha every year to listen to him at Berkshire Hathaway’s annual meetings.
Buffett’s last day as CEO is Wednesday after six decades of building up the Berkshire conglomerate. He’ll remain chairman, but Greg Abel will take over leadership.
Here’s a collection of some of Buffett’s most famous quotes from over the years:
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“Be fearful when others are greedy, and greedy when others are fearful.”
That’s how Buffett summed up his investing approach of buying out-of-favor stocks and companies when they were selling for less than he estimated they were worth.
He also urged investors to stick with industries they understand that fall within their “circle of competence” and offered this classic maxim: “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.”
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“After they first obey all rules, I then want employees to ask themselves whether they are willing to have any contemplated act appear the next day on the front page of their local paper to be read by their spouses, children and friends with the reporting done by an informed and critical reporter.
“If they follow this test, they need not fear my other message to them: Lose money for the firm and I will be understanding; lose a shred of reputation for the firm and I will be ruthless.”
That’s the ethical standard Buffett explained to a Congressional committee in 1991 that he would apply as he cleaned up the Wall Street investment firm Salomon Brothers. He has reiterated the newspaper test many times since over the years.
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“You only find out who is swimming naked when the tide goes out.”
Many companies might do well when times are good and the economy is growing, but Buffett told investors that a crisis always reveals whether businesses are making sound decisions.
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“Who you associate with is just enormously important. Don’t expect that you’ll make every decision right on that. But you are going to have your life progress in the general direction of the people you work with, that you admire, that become your friends.”
Buffett always told young people that they should try to hang out with people who they feel are better than them because that will help improve their lives. He said that’s especially true when choosing a spouse, which might be the most important decision in life.
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“Our unwavering conclusion: never bet against America.”
Buffett has always remained steadfast in his belief in the American capitalist system. He wrote in 2021 that “there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic progress has been breathtaking.”
