Investors’ willingness to overlook earnings misses– and bid up shares of businesses that exceed earning expectations—is lifting the overall market. This according to a recent article in The Wall Street…
Day: November 22, 2019
Buffett's Berkshire Hathaway See Record Profits and Cash
Berkshire Hathaway’s operating profit peaked in the third quarter, pushing the conglomerate’s 2019 net income to “a staggering $52 billion, making Berkshire the most profitable public company in the world.”…
Jim Simons and the Best Hedge Fund Ever
In a recent Bloomberg article, columnist Barry Ritholtz reviews the new book by Wall Street Journal reporter Greg Zuckerman, “The Man Who Solved the Market: How Jim Simons Launched the…
Small Caps Stall Amid Weaker Economic Data
Small cap stocks, which surged after President Trump’s election and through last summer, have stalled a economic data has weakened and investors have begun bracing for a possible recession. This…
One Manager's Radical Idea: Zero Management Fees
“The problem for active management is not high fees,” says a recent article in Institutional Investor, “but rather that they charge investors during inevitable periods of underperformance.” This according to…