US ‘Consumers in Very Good Shape’ Under Strong Trump Economy

US ‘Consumers in Very Good Shape’ Under Strong Trump Economy

US ‘Consumers in Very Good Shape’ Under Strong Trump Economy $BRK.A, $JPM Warren Buffett and Jamie Dimon cited a long list of factors for investors to remain optimistic about the US economy. “Right now, there’s no question: It’s feeling strong. I mean, if we’re in the sixth inning, we have our sluggers coming to bat […]

Lunch with Warren Buffett Hammered for $3.3-M this Year

Lunch with Warren Buffett Hammered for $3.3-M this Year

Lunch with Warren Buffett Hammered for $3.3-M this Year $BRK.A, $EBAY The winning bid for a lunch with the billionaire investor in a week-long charity auction that concluded Friday on EBay Inc.’s (NASDAQ:EBAY) website. This year’s price was short of the $3.46-M record, ranking 3rd in the event’s history. And for a 3rd straight year, […]

Big Tech’s FAANGs Leading the Market Higher

Big Tech’s FAANGs Leading the Market Higher

Big Tech’s FAANGs Leading the Market Higher $FB, $AAPL, $AMZN, $NFLX, $GOOG The FAANG stocks have set another record. As earnings season comes to a close, the big technology stocks are making up a bigger piece of the action than ever before. The FAANG block of Facebook Inc.(NASDAQ:FB), Amazon.com Inc.(NASDAQ:AMZN), Apple Inc.(NASDAQ:AAPL), Netflix Inc. (NASDAQ:NFLX) […]

Crypto’s Latest, Heinz’s (NYSE:KHC) Bacon Coin

Crypto’s Latest, Heinz’s (NYSE:KHC) Bacon Coin

Crypto’s Latest, Heinz’s (NYSE:KHC) Bacon Coin $KHC, $BRK.A Oscar Mayer, the famous bacon brand has created a new cryptocurrency called bacoin. The company made the announcement on 30 April, introducing the new coin. Warren Buffett has said cryptocurrencies such as Bitcoin will come to a “bad ending.” He probably was not referring to Bacoin. Kraft Heinz […]

Gold, Diamond Companies Joined IBM to Develop Blockchain Technology

Gold, Diamond Companies Joined IBM to Develop Blockchain Technology

Gold, Diamond Companies Joined IBM to Develop Blockchain Technology $IBM, $BRK-A, $AU Gold and diamond companies including Berkshire Hathaway (NYSE:BRK-A)Richline Group Inc joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced, the companies said Thursday. The joint initiative, TrustChain goal to make it easier for […]

Trump’s Tax Cut a ‘Huge Tailwind’ for Businesses, Rally Resumes

Trump’s Tax Cut a ‘Huge Tailwind’ for Businesses, Rally Resumes

Trump’s Tax Cut a ‘Huge Tailwind’ for Businesses, Rally Resumes $DIA, $SPY, $QQQ, $VXX Industry Watch Strong: Financials, Industrials, Technology, Telecom Services Weak: Consumer Discretionary, Energy, Materials, Consumer Staples, Utilities, Real Estate   Former Hillary Clinton supporter Warren Buffett lauded Republicans’ corporate tax reform as a “huge tailwind for businesses,” and the Berkshire Hathaway (NYSE:BRK.A&B) Boss should […]

Value Investing Generates Higher Returns, Lower Risk

Value Investing Generates Higher Returns, Lower Risk

Value Investing Generates Higher Returns, Lower Risk $BRK.A, $SHLD GuruFocus founder Charlie Tian, PhD’s book, Invest Like a Guru: How To Generate Higher Returns At Reduced Risk With Value Investing. Dr. Tian doesn’t have a background in finance. He is a physicist expert in fiber optics and lasers. Perhaps because of his non-financial background Dr. […]

Savvy Investors Avoid “Herd Mentality” of Investing by Default

Savvy Investors Avoid “Herd Mentality” of Investing by Default

Savvy Investors Avoid “Herd Mentality” of Investing by Default $RACE, $BRK.A, $BRK.B Savvy investors avoid the “Herd Mentality” of mutual and/or ETFs (exchange-traded funds), which are investments by default for most Americans. It is your money and therefore your responsibility, so think outside the box, do your homework and make specific stock selections if you […]

Warren Buffett Likes Apple (NASDAQ:APPL), US Stocks Not in “Bubble Territory”

Warren Buffett Likes Apple (NASDAQ:APPL), US Stocks Not in “Bubble Territory”

Warren Buffett Likes Apple (NASDAQ:APPL), US Stocks Not in “Bubble Territory” $AAPL, $BRK.A Monday, Warren Buffett said that his conglomerate had purchased about 120-M shares of Apple Inc. (NASDAQ:AAPL) so far in Y 2017 and that US stocks were not in “bubble territory.” “Apple strikes me as having quite a sticky product,” Mr. Buffett said. […]

World’s Top 10 Billionaires Have Combined Net Worth of $582-B

World’s Top 10 Billionaires Have Combined Net Worth of $582-B

World’s Top 10 Billionaires Have Combined Net Worth of $582-B $MSFT, $BRK.A,  $AMZN, $FB, $TSLA Microsoft’s (NASDAQ:MSFT) Bill Gates tops a soon-to-be-released list of the world’s Top 10 billionaires at $89.3-B, followed by his friend Warren Buffett (NYSE:BRK.A) at $73.5-B. The Top 10 billionaires, 9 from the United States, 1 from Spain have a combined net […]

Charlie Munger, “Donald Trump Not Wrong on Everything, So ‘Roll With It'”

Charlie Munger, “Donald Trump Not Wrong on Everything, So ‘Roll With It

Charlie Munger, “Donald Trump Not Wrong on Everything, So ‘Roll With It’” $BRK.A, $BRK.B Charlie Munger, 93 anni, the billionaire Vice Chairman Berkshire Hathaway Inc. (NYSE:BRK.A), said some of US President Donald Trump’s ideas to prove constructive for the country, tempering comments a year ago suggesting that his fellow Republican was not morally qualified for […]

Warren Buffett, “I Overwhelmingly Support Trump’s Cabinet Picks”

Warren Buffett, “I Overwhelmingly Support Trump’s Cabinet Picks”

Warren Buffett, “I Overwhelmingly Support Trump’s Cabinet Picks” $BRK.A, $BRK.B Warren Buffett, 86 anni, said he “overwhelmingly” supports President Donald Trump’s choices for Cabinet positions as the incoming Head of State selections face confirmation hearings in the U.S. Senate. “I feel that way no matter who is President,” the Berkshire Hathaway (NYSE:BRK.A) Chairman-CEO said Thursday […]

Malone’s Liberty Media (NASDAQ:LMCA) Outshines Buffet’s Berkshire Hathaway

Malone’s Liberty Media (NASDAQ:LMCA) Outshines Buffet’s Berkshire Hathaway

Malone’s Liberty Media (NASDAQ:LMCA) Outshines Buffet’s Berkshire Hathaway $LMCA, $BRK.A, $BRK.B Warren Buffett, 85 anni, has promoted his reputation for being the most astute investor in the world. But, Cable-TV magnate John Malone’s, 75 anni, Liberty Media has better job for shareholders, according to the data. “Over the past decade, Malone’s investment returns have bested those […]

Wells Fargo’s (NYSE: WFC) Fraud Cost Investors $10-B

Wells Fargo’s (NYSE: WFC) Fraud Cost Investors $10-B

Wells Fargo’s (NYSE:WFC) Fraud Cost Investors $10-B $WFC, $JPM, $BRK.A FLASH: Here is the word on how it’s largest shareholder, Warren Buffet’s Berkshire Hathaway (NYSE:BRK.A) feels about the mess, likely put out, as his loss is reported at $1.4-B. Wells Fargo’s (NYSE:WFC) fraud cost 5,200 employees their jobs and the bank suffered $185-M in fines, […]