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 »
Read MoreMarket Commentary: 1 Tiny AI Stock Seals $100M Deal
Just when we thought Onto Innovation had shared all its good news for the quarter, the semiconductor equipment manufacturer dropped another bombshell. Onto has raked in new equipment orders to the tune of more than $100 million.
What’s the catalyst behind this financial windfall?
» Read more about: Market Commentary: 1 Tiny AI Stock Seals $100M Deal »
Read MoreMarket Commentary: Want $250 Monthly? Super Safe Dividend Stock Delivers
Are you looking for predictable income that you can rely on through the various up and downs of the market? Better yet, what about a super safe dividend that pays out monthly to cover regular expenses?
Read MoreAlert: 33.2% Upside In Little-Known Insurance Stock
Investment Alert: Buy Chubb (CB) Under $205/share
Read MoreDoes 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.
» Read more about: Does Buffett Think Markets Will Tumble Soon? »
Read MoreThe Burst
How To Trade The Crashing Markets
Lots of finger-pointing has taken place. Was it Buffett selling Apple? The jobs report? The unwind of the Japanese carry trade, which is essentially nothing more than borrowing at low rates in Japan and investing at higher yields in the US. Or was it the re-pricing from inflation concerns to recession worries?
Regardless,
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Read MoreThe Spotlight
Market Commentary: Is This 7.9% Dividend Real?
In my view, Verizon’s generous dividend isn’t just stable, it’s on track to climb even higher. As it stands, Verizon offers a tantalizing dividend yield of 7.9%, a figure amplified by the recent dip in its stock price. The stock has lost about a fifth of its value from its peak over the past 52 weeks,
» Read more about: Market Commentary: Is This 7.9% Dividend Real? »
Read MoreThe Daily
SEC Warns Nigerians About CMTrading Cryptocurrency Platform
- SEC warned the public about CMTrading, a cryptocurrency and commodities trading platform that is not registered
- The platform allegedly imitates reputable media outlets and uses cloned content to attract victims, promising high profits
- The SEC urges caution, advising Nigerians to verify investment platforms through its official portals to avoid fraud
Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy,
» Read more about: SEC Warns Nigerians About CMTrading Cryptocurrency Platform »