The crypto world was rocked when FTX, a popular cryptocurrency exchange, filed for bankruptcy.
FTX is a cryptocurrency exchange in the Bahamas founded and owned by Sam Bankman-Fried in May 2019. The exchange provides users with a wide variety of services, including margin trading, spot margin trading, futures contracts and leveraged tokens.
World trade is truly global and interconnected. Perhaps the chip industry exemplifies this most. Apple sells phones around the world that rely on manufacturing by TSMC who is in turn supplied by a Dutch company few investors know anything about. And it’s that little-known Dutch company that quite possibly triggered Warren Buffett to make a huge purchase in its most recent quarter.
» Read more about: Did Little-Known Dutch Firm Trigger Monster Buffett Buy? »
Billionaire Stanley Druckenmiller is renowned for his investing prowess, and he’s made some savvy calls over the years. So it was worth paying attention when his family office picked up just over a million shares of Cenovus Energy Inc. (NYSE:CVE).
Why would Druckenmiller might be interested in this Canadian oil producer and does it makes sense for investors to follow his lead?
» Read more about: Billionaire Bets Big On This Energy Stock »
ARK Invest (ARKK) was a darling of Wall Street for several years. It focused on disruptive technologies and its promise to outperform the market attracted enormous interest. Then interest rates rose and growth stocks fell out of favor. Since then, Berkshire Hathaway (BRK.A)(BRK.B) has been slowly but surely overtaking ARK Invest,
» Read more about: Buffett Wins the Hare vs Tortoise Race, Again »
Those who invested in Chipotle Mexican Grill (CMG) during its IPO in early 2006 have seen its share price soar by nearly 3,500%. It’s too late to get on the rocket ship, but what stock could be the next Chipotle?
Portillo’s is a regional fast-casual chain with which few are familiar,
Each investor has their reasons for investing in select stocks. While some invest based on technicals, fundamental research, or macroeconomic factors, others focus on “shadow investing”. With this strategy, you follow in the footsteps of expert, high-net-worth investors — like Stanley Druckenmiller.
After three decades as a successful hedge fund manager,
» Read more about: Billionaire With Perfect Track Record Bets Big On… »
The big killer to any portfolio is too much exposure to a single stock that plummets. It’s the type of thing that looks oh-so-obvious in hindsight because it’s clear after the fact that you bought into a story, not fundamentals.
There have been lots of “stories” in recent years:
» Read more about: How I Would Invest $25k If Starting Over »
When Bill Gates met Warren Buffett for the first time, Gates tried to convince the Sage of Omaha of the merits of investing in technology. As the story goes, Buffett would re-direct the conversation towards everyday consumer habits, like chewing gum and eating ice-cream. Those behaviors would continue, in Buffett’s view, and so those businesses would be good ones for the long-term.
» Read more about: Shocking Turnabout, Buffett Bets $4 Billion on NEW Tech Stock »
I found something interesting sniffing around the latest Duquesne Family Office 13F filings. Former Soros protege, Stanley Druckenmiller tripled his stake in Datadog, a SaaS monitoring and analytics platform.
Why would a billionaire be buying a high growth stock in a rising interest rate environment?
The first clue lies in the DDOG share price.
» Read more about: Soros Protege Tripled His Investment In This Stock »
Not even Warren Buffett can claim a perfect track record. Over the course of the past century, almost no investors have emerged unscathed. Whether legends like Jesse Livermore or titans like Carl Icahn, all have suffered tremendous losses at different times.
But a rare few have had scintillating performances, growing in every market condition,
» Read more about: Billionaire Bets 17.9% Of Portfolio on 1 Asian Stock »
