Why Bitcoin Will Moon
If you’re on the sideline wondering where bitcoin will go, we’re about to demystify it.
Warren Buffett famously described bitcoin as “rat poison squared” and a major reason for that view was the cryptocurrency’s failure to produce cash flows, or anything else really.
Buffett was viewing bitcoin more like an asset than something more elementary, a currency. » Read more about: Why Bitcoin Will Moon »
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1 Spectacular SaaS Stock Taking Over the Planet
Amid the recent bear market, many renowned stocks have dipped to bargain prices, with analysts advocating for big names like Apple and Amazon. But, what about the lesser-known gems?
In the data industry, Planet Labs is shining bright. After reading this article, you may want to consider adding this Earth-imaging company to your portfolio of growth opportunities.
» Read more about: 1 Spectacular SaaS Stock Taking Over the Planet »
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84.2% of Bill Gates Portfolio In 4 Stocks
If you went to an Ivy League business school, you would probably learn about diversification and efficient markets, and how it’s not possible to beat the market. Why then do so many billionaires violate the tenets of top academics?
In simple terms, when you have an information advantage, or a winning investment thesis,
» Read more about: 84.2% of Bill Gates Portfolio In 4 Stocks »
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3 Stunning Buffett Stocks Set To Soar
Stoneco (STNE) is a leading provider of payment solutions for e-commerce businesses and merchants in Latin America.
In Q3, the company reported revenue of approximately $390 million and EBIT of nearly $33 million.
The platform has attracted over 2.3 million SMBs yet the stock has seen a significant decline of over 40% this year as political challenges in Brazil and a rising interest rate environment acted as headwinds.
» Read more about: 3 Stunning Buffett Stocks Set To Soar »
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Why Coinbase Could Soar
Among the best business models in the world is the money management one. While fees have come down substantially in recent decades, you can certainly still find examples of financial advisors charging north of 1% on assets under management while another 1% is charged through commissions, 10b-1 fees, and mutual fund costs.
Sum those up and 2% of invested capital is lost each year to these hefty fees.
» Read more about: Why Coinbase Could Soar »
Read MoreThe Ivy
Why Charlie Munger Never Sold Costco Stock — Even When It Looked Overvalued
Charlie Munger became famous in the investment world as Warren Buffett’s right-hand man at Berkshire Hathaway and the architect of Berkshire’s philosophy of buying great businesses at fair prices versus the prior mantra of buying good businesses at great prices.
Over a nearly 100-year life, Munger would pass up innumerable investment opportunities, choosing to put money only into the few that truly offered exceptional value.
» Read more about: Why Charlie Munger Never Sold Costco Stock — Even When It Looked Overvalued »
Read MoreThe Spotlight
Spotlight: 8 Analysts Just Upped Guidance On This Coffee Giant
Starbucks, a name synonymous with coffee, has grown beyond a mere chain of coffee shops to become a global icon in the beverage industry.
Unlike your regular run-of-the-mill local coffee shop, Starbucks has scaled its operations globally, transcending cultural and geographical boundaries. Its global footprint, though, has created its own set of challenges involving complex logistics like supply chain management,
» Read more about: Spotlight: 8 Analysts Just Upped Guidance On This Coffee Giant »
Read MoreThe Daily
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank chair Jerome Powell said in a memo.
“Experience here and elsewhere shows that it is healthy for any organization to periodically take a fresh look at its staffing and resources.
» Read more about: Federal Reserve will reduce staff by 10% in coming years, Powell memo says »