Berkshire Hathaway’s third quarter profits were bolstered by investment gains despite lower operating profits due to insurance underwriting losses. This according to an article in The Wall Street Journal. The…
Day: November 24, 2020
Bill Ackman is Hedging the Pandemic Again
After turning $27 million into $2.6 billion earlier this year by hedging against the pandemic, billionaire investor Bill Ackman placed a similar (although somewhat smaller) bet in early November after…
Berkshire Hathaway Becoming Its Own Elephant Investment?
While Berkshire CEO Warren Buffett has faced pressure to use the firm’s nearly $150 billion in cash balances to make a significant acquisition, or “elephant investment,” the company’s biggest spending…
If Not Now, When Will Value Return?
A recent article from Pzena Investment Management shares insights regarding value investing and the likelihood that it will emerge from its long period of underperformance. Here are some key takeaways…
Knowledge Mining in the Market’s Past Returns
When you hear stats like the S&P 500 is up 10% for the year or the index has more than tripled off the 2009 low, it’s easy to take those…