Greg Abel Just Plowed $4.2 Billion Into Warren Buffett’s All-Time Favorite Stock
Key PointsWarren Buffett steered Berkshire Hathaway to market-crushing returns from 1965 to 2025. In his final years as CEO, he plowed $77.8 billion into one stock that investors won’t find in Berkshire’s portfolio. Berkshire’s new CEO, Greg Abel, has immediately picked up where Buffett left off. Warren Buffett served as chief executive officer of the Berkshire Hathaway(NYSE: BRKA)(NYSE: BRKB) holding company from 1965 to 2025. » Read more about: Greg Abel Just Plowed $4.2 Billion Into Warren Buffett’s All-Time Favorite Stock »
Read MorePrediction: Nvidia Stock Will Fall After Aug. 26. Here Are 2 Reasons Why
On Aug. 26, the otherwise extremely fast-paced Wall Street will slow down and pay close attention as Nvidia (NVDA -0.06%) reports its financial results for the second quarter of its fiscal year 2027, which ended on July 26 (Nvidia’s fiscal years do not match calendar years). Since the company is at the very center of the artificial intelligence (AI) infrastructure build-out,
» Read more about: Prediction: Nvidia Stock Will Fall After Aug. 26. Here Are 2 Reasons Why »
Read MoreMichael Burry Warns of a Market Bubble. This Indicator Close to Breaking a 150-Year Record Says He May Be Right
Michael Burry has built a reputation for asking the question Wall Street doesn’t want to hear: What if everyone is wrong?
The investor became famous for betting against the housing market before the 2008 financial crisis. Now he’s warning that today’s artificial intelligence boom bears uncomfortable similarities to previous market bubbles.
Burry isn’t merely warning that some AI stocks are overpriced.
Liz Weston: Spousal Social Security benefits aren’t a matter of ‘simple math’
Dear Liz: I will be 62 in January. My husband turns 70 in July. If I take my Social Security benefits at a reduced rate at 62, can I switch to half of his benefits once he turns 70 and applies?
Let’s say my reduced benefit at 62 is $1,000 per month and my husband’s maximized benefit at 70 is $4,000 per month.
» Read more about: Liz Weston: Spousal Social Security benefits aren’t a matter of ‘simple math’ »
Read MoreTrump bans children from ethical investing
Donald Trump will ban a government-backed children’s savings account from investing in environmental, social and governance (ESG) funds.
The White House said a newly launched fund for under-18s – known as “Trump Accounts” – will bar ESG investments to protect them from “political activism”.
Trump Accounts, which launched last month,
» Read more about: Trump bans children from ethical investing »
Read MoreThe Burst
Get $50,000 Per Year From $3,000 Annual Investment?
Most people think of index funds as boring but that’s because the majority don’t have a good understanding of how these funds actually work. To simplify it, consider the following analogy.
Imagine you’re betting at a horse race but you don’t know which horse will win so you’re permitted to bet on all the horses and whoever wins you win.
» Read more about: Get $50,000 Per Year From $3,000 Annual Investment? »
Read MoreThe Ivy
How To Get Rich Trading: Step by Step Guide
Warren Buffett famously commented that he didn’t have to better at stock picking than others, he just had to be more disciplined.
Seems simple to say but look back at your trading and you’ll see why it’s so insightful. How many times did you sell when you got scared or buy when you got greedy?
» Read more about: How To Get Rich Trading: Step by Step Guide »
Read MoreThe Spotlight
1 Stock So Cheap It’s a STEAL?
Crocs started selling its trademark footwear in 2002, and it rapidly became an iconic American brand. Before long, the shoes gained a global following, and today, more than 720 million pairs have been sold in 90+ countries.
Originally, there was just one style — a soft, lightweight sandal made from Crocs’ proprietary Croslite material.