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 »
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Market Commentary: When Will The The Market Top?
Believe it or not you’re about to get a very precise answer to the question when will the market top but, before the entree, a little appetizer.
As we enter year-end, the market has a lot of bullish forces driving it higher, and should continue to support the markets into the new year.
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Down 30%, Is It Time To Buy This Pharma Giant?
Bristol Myers Squibb (BMY) poses something of a conundrum to investors at the moment. On the one hand, the share price has dramatically underperformed the market, leading to concerns that further declines are on the horizon. And on the other hand, the valuation is starting to look really attractive to bargain hunters.
So,
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1 Undervalued Healthcare Stock Flying Under The Radar
Molina Healthcare is not widely known among investors but that may be about to change following 15 quarters straight of year-over-year revenue growth and a member base that has grown to approximately 5.2 million across 20 states as of the most recent quarter.
Strategic moves like acquiring My Choice Wisconsin,
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Does Buffett Think Markets Will Tumble Soon?
At 94 years old, Warren Buffett remains perhaps the most-watched investor in the world. Every decision the value investing legend makes is carefully studied, often to determine his thoughts about the broader market and stock valuations.
This year has seen Buffett appear to turn more bearish than in any past period, with Berkshire Hathaway selling a net amount of $127 billion of stock in just the first three quarters.
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Read MoreThe Burst
1 Galactic Stock Up 50%, Will It Keep Going?
A few months ago, we wrote an article titled Is This Stock Set To Blast Off in which we featured Planet Labs, trading at under $2 per share at the time.
Since then, the stock is up by over 50% on a slew of positive news including a new 7-figure deal with NATO.
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Read MoreThe Spotlight
Spotlight: AI + Robotics = 4x Growth
Google. Apple. Amazon. Microsoft. They are all investing in AI but one company you probably have not heard about is Symbiotic, a warehousing automation firm that combines advanced robotics with artificial intelligence.
It’s one of those businesses that’s hard to wrap your head around at first but it’s been a huge hit on Wall Street.
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Read MoreThe Daily
Cryptocurrency Crumbles: Alexandria Collapse and the Fall of Celsius
In a significant development within the cryptocurrency sector, Alex Mashinsky, the former CEO of Celsius Network, has been sentenced to 12 years in prison. The verdict was delivered in a Manhattan court following Mashinsky’s guilty plea to charges of securities and commodities fraud.
The sentencing marks one of the longest for crimes related to last year’s cryptocurrency market downfall.
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