Image: FlickrJust in case you don’t know who Warren Buffett is, he’s currently the third-wealthiest person in the world, behind only Bill Gates and Carlos Slim Helu. He’s been building his massive $67 billion fortune since his first acquisition of a textile company back in 1962, and since then, he’s grown the Berkshire Hathaway brand into a holding company that […]
Kraft Heinz Company Begins Trading MondayBy Paul Ausick July 5, 2015 9:47 am EDTPrintEmail A deal announced in late March that brought together two of the country’s best-known consumer food products companies is now complete and stock in the new Kraft Heinz Company begins trading Monday July 6th on the Nasdaq under the ticker symbol KHC. The new firm will […]
Markets ended the last trading session of the week in the green boosted by upbeat nonfarm payroll data. The benchmarks gained more than 1% on Friday, with the Dow registering its largest one-day percentage gain in more than three months. Friday’s encouraging jobs report also helped the benchmarks finish mostly in positive territory for the week.For a look at the […]
Berkshire Hathaway chief executive Warren Buffett plays the ukulele in a video prior to the Berkshire Hathaway annual meeting in Omaha, Nebraska on Saturday. Photograph: Rick Wilking/Reuters
Warren Buffett has warned that stock prices will appear expensive if interest rates increase from their current ultra-low levels.“If we get back to normal interest rates, stocks at these prices will look high,” said […]
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The Nasdaq is back at all-time highs. After closing at 5,048 back in March 2000, the Nasdaq took more than 15 years to close above that level, closing at 5,056 on Thursday to make a new record closing high. During the day on Thursday, the S&P 500 also breached an intraday record high. And while it’s been a long road for […]
Bloomberg
Jamie Dimon, CEO of J.P. Morgan
J.P. Morgan Chase CEO Jamie Dimon made waves last week, calling out the regulatory environment for banks as downright un-American.That kind of bluster is old hat for the top bank exec. Dimon was quick to position himself as the chief critic of bank regulation even as J.P. Morgan’s JPM, +0.32% peers Bank of America BAC, […]
Books are one of many great resources that can teach you how to trade in the stock market. But let’s be honest, they may not be the best option, what with the introduction of the internet and instant access to blogs, forums and other communities. Books have kind of taken a back seat when it comes to teaching how to […]
“Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.” — Warren Buffett
Warren Buffett is considered one of the greatest investors in modern history. He started out as a young financial analyst in the 50s and now has accumulated a fortune worth over $60 billion. When asked […]
© AFP/File Philippe LopezAsian markets are mainly up after the majority of eurozone banks were given a clean bill of health by the European Central Bank, but China was hit by the postponement of a planned stock-trading connection between Hong Kong (shown here) and ShanghaiHong Kong (AFP) – Asian markets were mainly up Monday after the majority of eurozone banks […]
The world’s US$58.5 billion man, investor Warren Buffett, has for many years highlighted the benefits of holding large chunks of cash. Buffett, via his company Berkshire Hathaway often holds billions in cash simply to allow himself the optionality of seizing opportunities when they present themselves.Interestingly, it appears some of Australia’s top investors are currently following in Buffett’s footsteps and getting […]
