In yesterday’s Forbes, Validea CEO John Reese profiles the mathematician and author Edward Thorp, describing him as “masterful at integrating his vast knowledge of probability and statistics into the world…
Tag: Warren Buffett
Hulbert on When to Fire Your Investment Adviser
Market-lagging performance, writes Mark Hulbert in a recent MarketWatch article, is not a good enough reason to fire your adviser. It’s extremely difficult, Hulbert says, to beat the market by…
Learning from Buffett and IBM
Warren Buffett’s announcement prior to this year’s Berkshire Hathaway annual meeting to sell a third of the firm’s IBM shares spurred a host of headlines, writes Validea CEO John Reese…
Buffett Says Berkshire Stock Will Rise After He Dies
At Berkshire Hathaway’s annual meet last Saturday, CEO octogenarian Warren Buffett assured shareholders that they’ll be fine if he were to pass on, according to this week’s Bloomberg. “If I…
Buffett Has Sold Large Portion of IBM Stock
Prior to the Berkshire Hathaway annual meeting held on Saturday, Warren Buffett disclosed that he sold about a third of his 81 million shares in IBM during the first half…
Book Value - A Buffett Favorite, But Far From Perfect
Article Summary Warren Buffett reports Berkshire’s book value in Berkshire’s Annual Letter, but Buffett admits it is not perfect in determining the value of a firm. The price-to-book ratio is…
Buffett to Investors: Railroads are Resilient Businesses
In his 2016 letter to Berkshire Hathaway shareholders, Warren Buffett argues that the resilience of the railroad business makes it an attractive investment, writes Validea CEO John Reese in a…
Buffett and 3G Capital Might Like These Picks
While the private-equity firm 3G Capital and Buffett’s Berkshire Hathaway have teamed up on a few headline deals (such as the acquisition of H.J. Heinz and the subsequent merger of…
Buffett Says Stocks are Relatively Cheap
Notwithstanding all of the buzz surrounding the “pricey” stock market, legendary investment guru Warren Buffett thinks it’s a still the best place to plant your money. This according to a…
Buffett Poised to Win Million Dollar Bet with Protégé
In 2007, Protégé Partners executive Ted Seides wagered a bet that hedge funds (heavily criticized by Buffett) would outperform index funds in the following decade, according to an article in…