2 Billionaires Buy This Former Out-Of-Favor Bank, Why?
As recently as 2020, few analysts could have predicted that Stanley Druckenmiller, a billionaire who used to manage Quantum Fund with George Soros, would invest in Citigroup, a multinational banking company with a reputation for mismanaging funds and contributing to the Great Recession.
Despite those facts, Druckenmiller’s firm, Duquesne Family Office, bought more than 327,000 shares in Citigroup last quarter. » Read more about: 2 Billionaires Buy This Former Out-Of-Favor Bank, Why? »
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Why Buffett Went All In On 1 Stock
Apple’s latest product, Vision Pro, has been released for pre-sale this past week and the hopes among shareholders are that it will launch a new massive revenue stream. Where Zuckerberg failed to win over the public’s attention with Oculus, Apple plans to leverage its customer loyalty for quality devices to break down a new barrier.
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3 Stocks Buffett Will Not Sell
When Buffett was asked about his brief foray into buying and subsequently selling McDonald’s stock decades ago he made a comment that offered a rare insight into the framework he uses to evaluate the long-term merits of a firm. While it’s well-known that he likes a company to have an enduring competitive advantage, it’s not as clear to many what that actually means.
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Is Today The Top In The Market?
If one analyst is to be believed, today should mark the top in the market. Cem Karsan pinpointed January 17, 2024 a few months ago as the day when market tailwinds would subside in favor of market headwinds, but how could he be so specific in his date selection? And will be be right?
Key Points
- At VIXperation in January,
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Is 2025 The Year Uber Bounces Back?
Shares of Uber Technologies (NYSE:UBER) have had a rough few months, dropping 15.7% over the last 90 days even as the overall market finished 2024 on a high note. With shares still sold off, investors may find themselves wondering where Uber goes from here. Let’s take a look at what’s driving UBER down,
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Read MoreThe Burst
Trump vs Harris: Who Is Better for The Stock Market?
With an election close at hand, Americans will soon be asked to make a choice between two starkly different candidates and political parties. Though the outcome of the election will affect everything from America’s foreign policy to questions over the balance between state and federal power, the economy is a prominent highlight for both parties and many voters.
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Read MoreThe Spotlight
Is This Space Firm Set To Blast Off
At an annual conference some years ago, a Berkshire Hathaway shareholder asked Warren Buffett how it was possible for smaller investors to rival his own performance and track record during the 1960s, which was his best period. He corrected the questioner and commented that, in fact, his best years were prior to that in the 1950s when he averaged gains closer to 50% annually.
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Read MoreThe Daily
This Is One of My Biggest Retirement Worries — and How I'm Addressing It
There are many people I know who spend years counting down to retirement after successful but stressful careers. And I get it. As someone who hustles and works a lot, I can see the appeal of a more relaxed schedule and less pressure.
But even though retirement has the potential to be an exciting period of life,
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