The coronavirus has called into question earnings forecasts for growth businesses, according to a recent article in Forbes that argues: “Do not expect a gentle adjustment to occur.” The article…
Day: March 6, 2020
Highlights: Buffett’s Annual Letter to Shareholders
Berkshire Hathaway’s annual report included Warren Buffett’s much anticipated letter to shareholders. Here are highlights from the letter: Retained earnings. Buffett dedicated the first several pages of the letter to…
Berkshire Hathaway and a Buffett-less Future
As Warren Buffett approaches his ninetieth birthday, Berkshire Hathaway shareholders might be worrying about the company’s future, according to a recent article in Barron’s. But the article outlines several issues…
Hedge Fund Trader Made $2 billion in 2019 Without Clients
Although Michael Platt closed his hedge fund firm BlueCrest Capital four years ago, he continued to trade using his own wealth and managed to earn $2 billion in 2019. This…