Warren Buffett’s Berkshire Hathaway bought $1.73 billion of Bank of America stock between July 20 and July 30, bringing its holdings to 1.02 billion shares, worth more than $25 billion.…
Goldman Sachs: American Investors ‘Open’ but Skeptical about Buying European Stocks
The London-based team at Goldman Sachs has been approaching U.S. investors about buying European stocks, according to a recent article in Barron’s. “The good news is, they’re not hanging up…
Buffett’s Apple Stake Earns $40 billion since March
Buffett’s best-ever trade may be his move into tech giant Apple, which earned Berkshire Hathaway $40 billion since the market bottomed in March. This according to a recent article in…
What Peter Lynch, the Granddaddy of Stock Picking, Might Say To 3 Million New Robinhood Investors
Over 3 million new accounts were opened at Robinhood in the first quarter of this year – a resurgence in individual stock picking in the heart of the COVID-19 shutdown…
WealthTrack Interview: Bill Miller Shares Reasons to be Bullish
In a recent episode of WealthTrack, host Consuelo Mack talked with Miller Value Partners’ founder and CIO Bill Miller about the state of the market today and his outlook going…
Bill Ackman is Long-Term Bullish on America
In a recent interview with CNBC, billionaire investor Bill Ackman said he’s bullish on the U.S. and markets over the long term but added “I’m cautious on markets over the…
Golden Cross: The S&P 500’s Bullish Technical Signal
The S&P 500 is sending a positive signal, according to a recent article in Bloomberg. The so-called golden cross—when the S&P 500’s 50-day moving average breaks above its 200-day level—is…
Bill Gross: Value Will Outpace Growth
Veteran investor and former Pimco fund manager Bill Gross says the surge in growth stock performance is tied to interest rates and, if they rise, value will be poised to…
Excess Returns, Ep. 35: Finding Diamonds in the Rough Among Growth Stocks
Buying expensive stocks has historically been a terrible investing strategy. On average, expensive stocks significantly underperform the market as a whole over time. But despite the poor performance of the…
Buffett’s Ties that Bind: Eight Timeless Contributions
A recent Validea blog outlines the following eight lessons Warren Buffett has taught Berkshire Hathaway shareholders— that may have kept them loyal through recent years of lagging performance: Education: The…