Hints and tips:
...The company’s shares have risen almost 75 per cent over the past year, outpacing the benchmark S&P 500’s 22 per cent gain. Its public valuation now stands at nearly $27bn....
...PetVet carries high-risk debt ratings, with S&P Global last year projecting its leverage would be more than nine to 10 times its earnings in 2023, a high level....
...in stock markets as global interest rates sharply climbed brought only a minor reprieve, with long/short equity funds falling 13.5 per cent, 6 percentage points less than the decline suffered by the S&P...
...Shares of Berkshire have climbed 11 per cent this year, outpacing the 8 per cent total return of the S&P 500. Berkshire has not paid a dividend since the 1960s....
...That trails a 165 per cent gain by Buffett over the same period and a 211 per cent total return by the S&P....
...One of the driving questions of Eric’s series is “who can possibly follow what Buffett has achieved at Berkshire?” But this question — a good one — raises a different one for me....
...Berkshire’s line-up of managers, however, is to P/C insurance what Cooperstown’s honorees are to baseball.”...
...Earlier this week, rating agencies S&P Global and Moody’s put Equinox on watch for downgrades deeper into junk territory, fearing that it could face a restructuring if it were unable to refinance the loans...
...The results are not flattering: Combs and Weschler are trailing both Buffett and the S&P 500....
...Robert Armstrong(Laughter) Our colleague Eric Platt wrote this incredible series of four articles about kind of what’s next....
...Since 1964, Berkshire shares have returned 4.4mn per cent, far outstripping the 31,233 per cent gain by the benchmark S&P 500....
...Our sound engineers are Breen Turner and Sam Giovinco with original music by Metaphor Music. Topher Forhecz is our executive producer and our global head of Audio is Cheryl Brumley....
...Prospective wildfire payouts prompted S&P Global and Moody’s to downgrade PacifiCorp’s debt ratings last year....
...With my colleagues Oliver Ralph and Eric Platt, I put this question to Warren Buffett, Berkshire’s chair, in an interview five years ago....
...Mixing and sound design by Breen Turner and Sam. Read a transcript of this episode on FT.com...
...The obvious candidate is the energy business, which is facing some serious structural headwinds, as Myles McCormick and Eric Platt recently explained in the FT....
...market helped lift the broader US stock market their returns stood out: by the end of 2022 Berkshire had gained nearly 3.8mn per cent since 1964, far outpacing the roughly 24,000 per cent return in the S&P...
...Turner prize: The 2023 UK Turner prize winner is announced. Companies: UK investment bank Peel Hunt publishes half-year numbers....
...Mixing and sound design by Breen Turner. Read a transcript of this episode on FT.com...
...katie.martin@ft.com Letters in response to this column: FT Weekend helped me complete 2024 stock pick / From Graham Turner, Ipswich, Suffolk, UK One film the Nikkei index probably won’t be copying...
...The S&P 500 is up more than a third since the start of 2021 and hit record highs this year. Unemployment is near record lows....
...But funds gained 6.1 per cent on average, compared with the S&P 500’s 26.3 per cent gain....
...By June next year, S&P Global is predicting the US default rate will rise to 4.5 per cent, up from 1.7 per cent at the start of 2023....
...Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. Read a transcript of this episode on FT.com...
...“the skills to be able to put those wind farms up — you need the ports, the turbines, the blades, the construction — all new skills, new sectors, at the same time as we’re trying to run the offshore E&P...
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