Hints and tips:
...) big enough to make a meaningful impact on Berkshire’s earnings, (b) possible to reliably value, (c) have trustworthy and competent management, and (d) are available at a reasonable price....
...He describes the aesthetic of his first collection — shown on supermodel friends he’d called in through favours — as conjuring up “a grandiose, decadent, very English kind of lady, with bespoke and interesting...
...But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
...cash-pay; d) something else....
...At nearly 12 per cent it dwarfs the 7.5 per cent that US high-yield bonds pay, and is close to the effective yield of super-junky triple-C bonds....
...TCI made $12.9bn for investors and ended last year up 33 per cent, ahead of the S&P 500 index’s 24 per cent rise....
...We were going out with her, making peace between her and Richard Burton, and of course dressing her....
...to c.$1.2bn....
...But it’s still interesting, and if you want to get into the weeds we’d highly recommend checking out the full paper....
...From S&P’s definitions: A short-term obligation rated ‘D’ is in default or in breach of an imputed promise....
...The S&P 500 is within a per cent or two of taking out the all-time high it set in late 2021. Most bond funds are likely to end the year with gains, too....
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...“Whenever people left they’d try to get Hank’s folder to take wherever they were going.” “You could tell he was on to something even before he started the account....
...Even though his own campaign uses TikTok, Biden said he’d sign a bill banning TikTok from US app stores....
...You can wander the trails from a variety of access points all around the park and choose which one you’d wish to do....
...Housed in the Unité d’habitation — the most famous of the Swiss-French architect’s modernist housing developments throughout Europe — the 21 bedrooms are a monument to a modernist utopia that might have...
...If nothing else, you’d expect their sheer size to slow them down....
...As ratings drop to C and D, the risk of default rises accordingly Developing nations with bad borrowing records may fall into these buckets....
...In total, the group will now produce almost 6mn b/d less than it could in the first quarter of 2024....
...P Soleil d’Or gives bright yellow berries on red stems, and P rogersiana Flava has glossy yellow fruits....
...“Is it true that triple-C firms have interest coverage ratios below 1? Definitely, but that’s always been the case....
...“If I presented those demand dynamics and those supply dynamics about copper, we’d be talking about copper prices doubling. But we never talk about UK equities doubling.”...
...Chart from S&P Global, through September: Part of the reason for this is that companies are making money....
...Richard Nourse, managing partner at Schroders Greencoat, which is considering creating an investment fund to take a stake in Sizewell C, warned there was “just a lot less money for this kind of investment...
...The sale was to a group of existing investors, included Chrysalis investment trust, which is run by Jupiter fund managers Richard Watts and Nick Williamson....
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