Billionaire’s Warning to Wall Street
Recently, billionaire David Tepper went on CNBC to declare that the moves by China’s equivalent of the Federal Reserve to stimulate their economy amounted to a “buy everything” call.
Similar to how we stated “buy everything” in US markets back in 2010 when the Federal Reserve announced their commitment to do whatever it took to stimulate the US economy, » Read more about: Billionaire’s Warning to Wall Street »
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Market Commentary: 4 Reasons Why Buffett Bet 43% Of His Portfolio On 1 Stock
When you understand that stocks are not just prices on a chart but businesses, investing gets much easier. You take your eyes off solely viewing price undulations and focus more on the nuts and bolts of the business driving the share price.
One business with such extraordinary attributes that Warren Buffett bet over 43% of his holdings in it is Apple.
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Market Commentary: Undervalued Zombie with 41.6% Upside
Zombie companies are heavily indebted but continue to operate and service their debts, though usually they don’t pay them off. Because they’re so heavily indebted, small changes in interest rates can make them vulnerable to bankruptcy. So you might be wondering, why, in a rising interest rate environment they should even cross our radar.
Well,
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Market Commentary: If I Had To Buy 1 Stock This Would Be It
We were put on the spot recently when a colleague asked “if you had to buy just one stock what would it be?”
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1 High-Yield Dividend Stock to Buy and Hold
Forget the Magnificent 7 for a moment, and consider the merits of owning a boring old real estate company that has grown revenues predictably at a rapid rate for the past 3 years.
Rexford Industrial Realty owns one of the most concentrated portfolios of industrial real estate in Southern California, an area where vacancy rates for industrial properties have hovered near 1% over the last decade.
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Read MoreThe Burst
10,000 Bitcoin for 2 Pizzas
When Laszlo Hanyecz forked over 10,000 bitcoin in exchange for 2 Papa John pizzas fourteen years ago, he couldn’t possibly have imagined what the future would hold. Today, those bitcoin would collectively be worth close to $700,000,000. And if the current halving cycle echoes history, there is a good chance they will be worth a cool $1 billion in the not too distant future.
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Read MoreThe Spotlight
Market Commentary: 2 Sectors Will Hold Up Claims Buffett
Warren Buffett had a lot of interesting things to say recently in a discussion with CNBC’s Becky Quick, but a few really stood out to us.
Asked whether the economy is in a better or worse place than six months ago, Buffett was unequivocal. He first mentioned a business in his portfolio experiencing a 22% sales decline.
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Read MoreThe Daily
Wall Street firms emerge as top bidders for insurer Brighthouse
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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Two Wall Street asset managers have emerged as final bidders for Brighthouse Financial, a life insurer viewed as a crown jewel for firms looking to boost their profiles in the private credit industry.
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