Hints and tips:
Related Special Reports
...I’m a bit sceptical, as I noted in yesterday’s letter, but then I’m a journalist. If any non-journalists have thoughts, please send them along: robert.armstrong@ft.com. Does Buffett matter?...
...Yesterday in this space I wrote about Berkshire’s last two decades of share performance, which have mirrored the S&P 500....
...Hebblethwaite said he had “reflected” before accepting a bonus of £183,000 in April 2023, on top of his £325,000 annual salary, but that “ultimately I did decide to accept it”....
...The Mag 7 is up 29 per cent (when cap-weighted, like the S&P) better than the index, but not in a different universe. The S&P 493, up 22 per cent, has had a hell of a solid run, too....
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...S&P declined to comment and Visible Alpha did not respond to a request for comment....
...According to data from S&P Global, technology groups dominate the list of the 50 companies with a market value of more than $10bn that made the biggest percentage gains in 2020....
...For a stock that is expected to increase earnings below the S&P 500’s average pace this year and next, that’s still a lot....
...“I enjoy reading the FT every day even if it doesn’t tell me what its owner is likely to do next.”...
...His response: I think the financial result would be very close to the same . . . if you want to join something that may have a tiny expectation of better [performance] than the S&P, I think we may be about...
...Other times I will just look at the monthly recap I get and then see what they’ve bought or sold.”...
...ago I bought the S&P 500 and I compounded it 12 per cent a year....
...I bought an S&P 500 fund a few weeks later, selling again in September for a tidy 12 per cent profit. I felt smug after share prices dropped almost a tenth over the subsequent two months....
...S&P Global’s flash eurozone composite purchasing managers’ index, which measures business activity across the bloc, rose to an eight-month high of 48.9 this month, up from 47.9 in January....
...She swept into a room full of dreary suits sporting a shocking-pink leather biker jacket and a razor-sharp white bob. I remember thinking: if this is what fine wine looks like, then I’m in. “Oh gosh!...
...It estimated that revenue for the three months to June would be in the range of $240mn-$255mn, also above expectations, according to data from S&P Capital IQ....
...Having failed to resist the lure of cigarettes in my youth, I was interested by the recent passage of a UK bill that will raise the minimum legal smoking age by one year, every year....
...I presume, or at least hope, that McKinsey will respond to Green and Hand, and I won’t call a winner in the statistical part of the argument....
...S&P 500 dividend yields went as high as 9.2 per cent in the first quarter of 1938, according to S&P Dow Jones Indices. Even IPOs paid them, as I read to my surprise in Peris’s book....
...There’s still a very narrow market leadership on full display.” The S&P 500 is up 4 per cent year to date....
...“I’m not your mum,” she said. “I only care about results.” Qu also said she was so devoted to Baidu that she was unaware of her son’s class year at school....
...“I’m not your mum,” she said. “I only care about results.” Her comments revived concerns about working conditions at Chinese tech groups....
...I was, I can see now, being a bit dramatic. I realised this after talking to Dan Salmon of New Street Research, who made the sensible point to me that the internet has changed a lot in 15 years....
...The rest of the eurozone “saw the best performance . . . despite growth slowing slightly”, S&P said....
...So far as I know, McKinsey has not responded, which is strange....
International Edition