In Warren Buffett’s annual letter to shareholders this year, he reflected not only on the past year but also on the last 58, writing that his career could be boiled…
Day: May 15, 2023
Win By Picking Former Losers
Matthew Fine started in an entry-level position at Third Avenue Management in 2000 and worked is way up to portfolio manager of their flagship Third Avenue Value fund, overseeing its…
ChatGPT Causes A Stir
Although AI is still in its early days, it’s already causing quite a ruckus in the financial industry, with tech giants pouring billions of dollars into the technology and startups…
Berkshire’s Annual Meeting Brings Questions About Heir & Bank Failures
At Berkshire Hathaway’s annual meeting in Omaha on May 6th, Warren Buffett reaffirmed his plans for Greg Abel to take over after he’s gone and anticipates that the transition will…
“Dominant”-faced Male Analysts Get Better Information
A new study finds that male analysts who have features that are perceived as “dominant” have a competitive advantage, while female analysts who also have “dominant” faces are at a…
How Apple Turned Into A Buffett “Jewel”
Warren Buffett’s Berkshire Hathaway first bought Apple stock in 2016, and since then its become the crown jewel in the conglomerate’s $360 billion equity portfolio, contends an article Yahoo! Finance.…
Commodity Trader From Macquarie Claims $39 Million Salary
Sydney-based Macquarie Group Ltd’s top commodities trader Nick O’Kane has secured a salary that’s higher than the firm’s CEO’s take-home pay, reports an article in Bloomberg. O’Kane took charge of…
How Regular Investors Should Think About Alternatives to Stocks and Bonds
With inflation on the rise and the 60-40 stock and bond portfolio coming off one of its worst years ever, many investors are looking for alternatives. In our Show Us…