Hints and tips:
...It probably just doesn’t matter, from the point of view of long-term returns, whether you own Berkshire or the S&P. Why, then, should Berkshire exist?...
...Utilities have long been dependable motors of Warren Buffett’s Berkshire Hathaway conglomerate, turning out steady profits at rates of return approved by regulators....
...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....
...In spite of the underwhelming presentation, it’s impressive how many of the same emotions the game elicits as the high point of the series, 2003’s Prince of Persia: The Sands of Time....
...“We have the advantage of some subject matter experts chiming in,” Dorman says. “And that’s hugely helpful to those of us who are generalists.”...
...Of course, lightbulb moments matter little without execution. So Rattray called Joe Levin, the Cboe’s avuncular longtime head of product development, to discuss their idea....
...In 1968’s The Alphabet, the letters of the alphabet song literally swarm the terrified girl singing them. It is there also in his more recent work off screen....
...The largest holder of Paramount’s B shares is Warren Buffett’s Berkshire Hathaway, which in 2022 disclosed a stake of about 75mn shares at $28 per share — almost twice the share price today....
...Issuance of convertible debt climbed 77 per cent last year to $48bn, according to data from LSEG, making it one of the only areas of capital markets to return to pre-pandemic averages after 2022’s market...
...Smart reads The oracle of Tokyo? Warren Buffett’s bet on the sleepy world of Japanese general trading companies was well-timed. Other investors shouldn’t copy him, the FT’s Lex writes....
...or a matter of being in the right place at the right time....
...“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time — none, zero. You’d be amazed at how much Warren reads — and at how much I read....
...Stock market outlook: US futures are higher ahead of the start of trading in New York. The S&P 500 finished last week up 5.9 per cent, its best week for a year....
...There’s no shame in the 10 per cent compound annual return of the S&P 500 over the same 60-odd years Berkshire Hathaway has existed. That’s still a 25,000 per cent gain, including dividends....
...The number of $1bn-plus deals globally this year is on track to be the lowest since 2019, the S&P data shows....
...familiar with the matter....
...Wilding, who has a penchant for quoting Warren Buffett in his missives to shareholders, is a polarising figure....
...Royal Caribbean and Carnival are two of the 10 most heavily shorted companies in the S&P 500 but have confounded short sellers’ expectations by more than doubling in value so far this year....
...The network effects are so strong that it doesn’t matter. Twitter has gotten way worse. Doesn’t matter, we all still use it....
...That left new homes as almost the only game in town for anyone who really needs to buy a home. Pulte has been one of the best- performing stocks in the S&P 500....
...In 2022 he experienced his biggest decline, losing 19.2 per cent. Since the start of last year, he has underperformed a low-cost S&P 500 tracker....
...Levin then joined Och-Ziff in 2006 and emerged in the wake of the financial crisis as a rock-star credit investor. By 2017, Levin was clearly the star turn at Och-Ziff....
...Neither Moody’s nor S&P had stripped SVB of its investment grade rating by the time it failed in March....
...They are basically the same products, and small differences in stock weightings are irrelevant in terms of real-world impact. Take my Vanguard S&P 500 fund....
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