Warren Buffett Remains in Command at Berkshire as Market Valuation Alarms Sound
Key Takeaways
- Despite relinquishing the CEO position, Warren Buffett continues to drive major investment choices at Berkshire Hathaway
- A $10 billion Alphabet share acquisition in Q2 was personally spearheaded by Buffett
- Berkshire’s portfolio now lists Alphabet as its third-biggest position,
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Read MoreThe Burst
3 Stocks Champion Traders Are Betting On
Dan Zanger is a revered name among traders. His legendary story of turning $11,000 into $18,000,000 over the span of a year and a half is not one we’ve been able to corroborate but regardless his profitability has not been questioned because his approach to trading is time-tested.
What Dan does that few academic finance professors would advocate is to put most of his eggs in a very few baskets.
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Read MoreThe Ivy
Billionaire Puts This AI Stock #1 (Hint, it’s not Nvidia)
While NVIDIA grabs the headlines, billionaire Stan Druckenmiller has pointed his canons towards Coherent Corp. (NASDAQ: COHR), making it the largest position in his portfolio. What is it about this stock that has warranted such a large stake and why did Stan put so many eggs in its basket?
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Read MoreThe Spotlight
A Fast-Growing DIAMOND Stock To Own
The global market for fine jewelry has always been massive, but it got an unexpected boost from COVID-19. In one poll, 30 percent of consumers said they bought more jewelry during the pandemic, and nearly 50 percent said they continued to purchase the same amount they always had.