Here's what Warren Buffett's hero Jack Bogle is most worried about in the markets right now Discovered on 21 Mar 2017 at 2:39 pm
Index-investing pioneer Jack Bogle joins Mike Santoli for a lengthy discussion about investing, Buffett and retirement.
Because of Warren Buffett, people now realize Apple does have a 'moat,' analyst says Discovered on 21 Mar 2017 at 10:23 am
UBS analyst Steven Milunovich shares his thoughts on Apple's run in the market and the stock's future on CNBC's "Squawk on the Street."
The 5 richest men in the world have all made this one mental shift Discovered on 21 Mar 2017 at 8:40 am
Forbes just released its 2017 Billionaires List, and here's what the five richest men have in common.
Billionaire investor Marc Lasry shares how he's playing markets right now Discovered on 17 Mar 2017 at 8:37 am
Buy on the prospect of deregulation. Sell on the enactment of deregulation.
Wells Fargo CEO: We will 'reassure' our investors — including Warren Buffett Discovered on 17 Mar 2017 at 7:32 am
The Oracle of Omaha is the bank's biggest shareholder, with his firm Berkshire Hathaway holding a 9.6 percent stake.
Apple’s growing service business could make stock less of a bumpy ride, analyst says Discovered on 15 Mar 2017 at 11:31 am
Potential in the tech company's expanding services business could reduce focus on the annual phone replacement cycle.
Barack Obama meets with Warren Buffett in Omaha Discovered on 13 Mar 2017 at 10:20 am
Former President Barack Obama stopped in Omaha, Nebraska, to meet with Warren Buffett, the Omaha World-Herald reports.
The world's billionaires are now worth $8 trillion Discovered on 9 Mar 2017 at 11:34 am
There are now 2,257 billionaires in the world, with the largest concentration in China and the U.S.
David Tepper on Apple: Warren Buffett 'made a better trade' than I did Discovered on 8 Mar 2017 at 9:29 am
The hedge fund billionaire tells CNBC that Buffett turned out to be right to buy Apple late last year.
Warren Buffett's favorite CEO annual letter is not his own. It's from this guy. Discovered on 8 Mar 2017 at 7:57 am
Everyone reads Warren Buffett’s shareholder letters, but who does Buffett read for wisdom? JPMorgan’s Jamie Dimon.
A secretly powerful voice in business says hedge funds are ‘wolves’ that damage typical US investors Discovered on 7 Mar 2017 at 9:53 am
The question posed was, "Who Bleeds When the Wolves Bite?" A judge in Delaware provided the answer.
Hedge fund managers think they should make more money even though most don't beat the market Discovered on 6 Mar 2017 at 11:48 am
Hedge funds, as a group, have a lower return than straight-up market indexes do.
Here's why Warren Buffett thinks you should buy a home Discovered on 6 Mar 2017 at 9:19 am
A 30-year mortgage is "the best instrument in the world," says the billionaire.
Warren Buffett's advice 'doesn't work anymore,' robo-advisor CEO says Discovered on 5 Mar 2017 at 10:00 am
Automated investing services have more than $60 billion in assets under management. Is one right for you?
Why one of the world's richest people took out a mortgage Discovered on 4 Mar 2017 at 1:04 pm
Warren Buffett recently listed his vacation home for $11 million. If gets anything near what he's asking, he'll make a decent profit.
Warren Buffett’s hero says Trump’s growth target would be impossible to achieve Discovered on 3 Mar 2017 at 8:08 am
One legendary investor and Republican says Donald Trump’s economy growth target is not possible.
Morgan Stanley and Goldman Sachs should ‘hang heads in shame’ over Snap IPO: Analyst Discovered on 2 Mar 2017 at 7:20 am
Top investment banks behind the Snap Inc public listing are being slammed for the lack of investor voting rights.
Apple CEO Tim Cook predicts tons of revenue from 'future stuff I can't talk about' Discovered on 28 Feb 2017 at 12:27 pm
The company is investing a "fair amount" into research and development, the executive told shareholders.
Top analyst explains how to profitably trade Apple, why Buffett owns it Discovered on 28 Feb 2017 at 12:24 pm
Toni Sacconaghi shares his views on Apple in an interview Tuesday on CNBC's "Halftime Report."
Bill Gates and Warren Buffett have the same definition of success—and it has nothing to do with money Discovered on 28 Feb 2017 at 12:01 pm
The co-founder of Microsoft opens up in a wide-ranging Ask Me Anything on Reddit.
Cramer Remix: Breaking down Buffett’s cues for when to buy Discovered on 27 Feb 2017 at 6:15 pm
Jim Cramer broke down comments by Warren Buffett and what they could mean for your buying strategy.
Cramer: What Warren Buffett gets about Apple that analysts don't Discovered on 27 Feb 2017 at 5:16 pm
Jim Cramer was thrilled to see Warren Buffett’s refreshing take that Apple is more than just a technology company.
Here is the full transcript of billionaire investor Warren Buffett's interview with CNBC Discovered on 27 Feb 2017 at 4:57 pm
Billionaire investor Warren Buffett spoke with CNBC's Becky Quick on "Squawk Box." Read the interview here.
Warren Buffett says global warming is not impacting the way Berkshire writes insurance Discovered on 27 Feb 2017 at 2:34 pm
Buffett said there's not enough evidence to make him alter Berkshire Hathaway's insurance underwriting practices.
Berkshire shareholder: I don't know why the company bought more Apple Discovered on 27 Feb 2017 at 1:43 pm
Some Buffett enthusiasts don't quite understand why Berkshire more than doubled its Apple stake, but are pleased with other picks.
Warren Buffett's suits are made by a Chinese woman who launched an empire from one sewing machine Discovered on 27 Feb 2017 at 1:28 pm
Madam Li took a risk, caught Buffett's attention and then won his respect.
Bill Gates is 'concerned' about US influence overseas and political divide online Discovered on 27 Feb 2017 at 12:11 pm
The Microsoft founder participated in an "ask me anything" session on Reddit, where users submit questions to experts.
Hedge fund billionaire David Tepper says he's 'still long stocks' and 'still short bonds' Discovered on 27 Feb 2017 at 11:01 am
Appaloosa Management founder David Tepper tells CNBC he remains bullish on the stock market rally.
Report: Only 5 percent of stock-picking fund managers beat the S&P 500 consistently Discovered on 27 Feb 2017 at 10:47 am
Active fund managers struggle to consistently outperform index funds, according to S&P Dow Jones Indices.
Warren Buffett talks up stocks and his big Apple stake while bashing bonds and hedge funds Discovered on 27 Feb 2017 at 10:02 am
Buffett trumpeted stocks and bashed bonds in his CNBC interview. He also detailed three ways he plans to judge Trump.
Global Value Investor Tracker
Introducing Business Model Diligence! Discovered on 20 Mar 2017 at 9:01 pm
When MagicDiligence first launched over 9 years ago, the initial goal was simple: Take Joel Greenblatt's Magic Formula Investing screens and do some more in-depth research on the stocks it uncovered, finding the truly great companies in the lists and weeding out the fad stocks, companies with one-time non-recurring revenue events, firms with shaky balance sheets, etc. Boiled down to the essence, what we were looking for were Magic Formula companies with durable competitive advantages. Another term for this, used by investing great Warren Buffett, is an economic moat. I actually prefer t...
February SOTM: Best Buy Is Back In Blue Discovered on 14 Feb 2017 at 7:43 am
Was it really just a few years ago that financial analysts were writing Best Buy's (BBY) obituary? Forbes was certain that that company would be out of business by now. USA Today was certain that Amazon (AMZN) would price Best Buy out of business and predicted a Circuit City-like death. The Motley Fool won't back down, just a few weeks ago still pumping Amazon as Best Buy's executioner. The bear case seems simple and has held sway since that fateful time in late 2012 when Best Buy shares dipped almost to $10. Best Buy has an untenable cost structure with its nearly 1,400 big box retail...
Magic Recipe Roundup For 1/29/2017 Discovered on 29 Jan 2017 at 8:27 am
Here's A Practical Strategy For Using the MagicDiligence Spells Discovered on 22 Jan 2017 at 9:06 pm
It was a relatively quiet week for turnover in the Magic Recipe Spell, with only 2 stocks trading places and 2 10% movers, both to the negative side. Qualcomm was down based mainly on a $1 billion dollar lawsuit from Apple (AAPL), and Michaels fell because of an announced secondary share offering that will dilute exiting shareholders. Here are your full lists. To see the change lists for Deep Value Spell, Quality Growth, and Star List, subscribers can check out this article. Tickers dropping out:
Buckle, Inc. (BKE) Garmin Ltd. (GRMN) Tickers entering:
Lear Corporation (LEA) M...
Since we started the Spells model here at MagicDiligence almost a year ago, one question has been asked of me more frequently than any other: How can an investor use the Spells in a practical investing strategy? It is, of course, an excellent question. Today, for the first time, I want to introduce our Spells Tracking Portfolios, which provides a mechanical strategy for realistic investing with the Spells, and also provides us a firmer basis for long-term performance calculation against the S&P 500. Lets take a look of some facets of this new addition to the site. Portfolio Strategy Ma...
Here's How The MagicDiligence Spells Did In 2016 Discovered on 8 Jan 2017 at 8:36 pm
December SOTM: CVS Health (CVS) Discovered on 21 Dec 2016 at 6:03 am
Measured on a day-by-day basis of measurement (described here), our Spells performed well in 2016, with all 4 beating the S&P 500 by a substantial margin: Magic Recipe Spell: +22.90%, exceeding the S&P 500 by 4.38%. Deep Value Spell: +36.07%, exceeding the S&P 500 by 17.55%. Quality Growth Spell: +22.83%, exceeding the S&P 500 by 4.31%. Star List Spell: +37.14%, exceeding the S&P 500 by 18.62%. You can see how the spells developed over the course of the year in the chart below. Note that we first launched them on February 19th of last year, so the performance is from that point:
For our final "stock of the month" for 2016, let's take a look at a company virtually everyone in the U.S. should be familiar with. A popular stock that has done quite well over the last 5 years, appreciating over 112%, vs. the S&P 500's 81% rise. A company with substantial competitive advantages, massive scale, #1 or #2 market position in several huge verticals, and a recession-proof business with large and reliable free cash flows. And, nevertheless, a stock that has badly underperformed the market in 2016 (down almost 16%, vs. an 8.6% rise in the S&P) and now trades near the low end of...
Magic Recipe Changes For Week Of 12/18/16 Discovered on 18 Dec 2016 at 8:06 am
Magic Recipe Changes For 12/4/2016 Discovered on 5 Dec 2016 at 8:01 pm
5 stocks turned over in our Magic Recipe Spell last week, although many of the names (both in and out) are familiar. 2 stocks saw over 10% increases, led by NeuStar, which was up over 18% on news that it was being taken private for $33.50/share. To see the weekly changes in our 3 subscriber spells, click here. Tickers dropping out:
Wabash National Corporation (WNC) Jazz Pharmaceuticals Plc (JAZZ) Amgen Inc. (AMGN) CGI Group Inc. Class A (GIB) Noble Midstream Partners LP (NBLX) Tickers entering:
Sturm, Ruger & Company, Inc. (RGR) American Woodmark Corporation (AMWD) L B...
November SOTM: JetBlue and the Airlines Discovered on 30 Nov 2016 at 6:59 am
A light week for the Magic Recipe Spell, following a pretty active one last week. Only 3 positions turned over, and only 2 10% movers this week. Here is the list (subscriber spell changes here): Tickers dropping out:
Argan, Inc. (AGX) Sturm, Ruger & Company, Inc. (RGR) Lear Corporation (LEA) Tickers entering:
KLA-Tencor Corporation (KLAC) Jazz Pharmaceuticals Plc (JAZZ) Herman Miller, Inc. (MLHR) 10% Movers:
Akorn, Inc. (AKRX) -11.17% Smith & Wesson Holding Corporation (SWHC) -11.42% Get unlimited access to the our EXCLUSIVE collection of useful, simple and effective ...
Like most investors, I was pretty shocked to see the news late last week that Warren Buffett's Berkshire Hathaway (BRKB) had just taken a stake in not one, not two, but FOUR different airline stocks! Why is this shocking, you ask? Well, look at these past quotes from the "Oracle of Omaha" regarding the airline industry: "Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down" "The airline industry's demand...
Substantial Changes In Magic Recipe Spell Last Week Discovered on 28 Nov 2016 at 6:14 am
The financial updates for Q3 rolled in last weekend, and with the new earnings numbers we have a major reset in the Magic Recipe Spell, with a full 11 positions turning over. A lot of the "new" stocks are past tenants of the Magic Recipe Spell, including IDCC, AGX, CPLA, CHKP, etc. A few others stand out, though. Last week, we talked about the drug distributors, and this week two quite wide moat, dominant biotechnology names enter in Amgen (AMGN) and AbbVie (ABBV). Both are probably worth a closer look. Additionally, we've written in the recent past about two of the new entrants: Arga...
How to Backtest Stock Fundamentals Using Portfolio123 Discovered on 17 Aug 2016 at 10:50 am
I have received several requests to provide a tutorial on how I backtest stock fundamentals using Portfolio123. My recent stock The post How to Backtest Stock Fundamentals Using Portfolio123 appeared first on Fat Pitch Financials.
Forex vs Binary options – Which is a better investment? Discovered on 19 Jul 2016 at 9:22 pm
While Forex trading has been prevailing from the late 1970s, binary options are relatively new to the market and recently The post Forex vs Binary options – Which is a better investment? appeared first on Fat Pitch Financials.
Maurece Schiller on the Safety of Special Situations Discovered on 25 May 2016 at 8:32 am
Tom Jacobs shared two short excerpts from Maurece Schiller’s Investor’s Guide to Special Situations in the Stock Market (1966) and provided his The post Maurece Schiller on the Safety of Special Situations appeared first on Fat Pitch Financials.
Interview with Tom Jacobs Regarding the Complete Works of Maurece Schiller Discovered on 24 May 2016 at 8:22 am
Tom Jacobs discovered the inventor of special situations, Maurece Schiller, and his long out of print books! I was not familiar with Maurece Schiller's name, but when Tom mentioned that this was the author that Joel Greenblatt referenced in his lectures, I was immediately curious. Here's my interview with Tom about this discovery. The post Interview with Tom Jacobs Regarding the Complete Works of Maurece Schiller appeared first on Fat Pitch Financials.
Kids Take on Finance 101 for Kids Discovered on 10 May 2016 at 7:00 am
When I recently received a review copy of Finance 101 for Kids by Walter Andal, I knew the perfect reviewer for this The post Kids Take on Finance 101 for Kids appeared first on Fat Pitch Financials.
Are binary options trading just a big scam? Discovered on 3 May 2016 at 10:48 am
Binary options have become very popular recently and the trade volumes are growing at very high rate similar to forex The post Are binary options trading just a big scam? appeared first on Fat Pitch Financials.
Mebane Faber Shareholder Yield Backtest Discovered on 28 Apr 2016 at 10:38 am
A commenter on Fat Pitch Financials recently suggested that I take a look at shareholder yield. After reading my “How Does The post Mebane Faber Shareholder Yield Backtest appeared first on Fat Pitch Financials.
Free Cash Flow to Enterprise Value Backtest – $50 Million Minimum Market Cap Discovered on 19 Apr 2016 at 10:13 am
This is a revised version of the backtest on the free cash flow to enterprise value ratio backtest posted a The post Free Cash Flow to Enterprise Value Backtest – $50 Million Minimum Market Cap appeared first on Fat Pitch Financials.
Poll Results: Minimum Market Capitalization for Backtests Discovered on 4 Apr 2016 at 2:00 pm
The poll results are in for the minimum market capitalization requirement for backtest on Fat Pitch Financials. In that poll The post Poll Results: Minimum Market Capitalization for Backtests appeared first on Fat Pitch Financials.
What minimum market capitalization do you prefer for backtests on Fat Pitch Financials? Discovered on 19 Mar 2016 at 9:00 am
Please respond to the poll below. What minimum market capitalization do you prefer for backtests on Fat Pitch Financials? $50 The post What minimum market capitalization do you prefer for backtests on Fat Pitch Financials? appeared first on Fat Pitch Financials.
Free Cash Flow to Enterprise Value Backtest Discovered on 18 Mar 2016 at 9:17 am
The free cash flow to enterprise value ratio is a rather sophisticated valuation ratio that should be a part of The post Free Cash Flow to Enterprise Value Backtest appeared first on Fat Pitch Financials.
How to Avoid Value-Traps with Net-Net Stocks Discovered on 11 Mar 2016 at 9:52 am
Net-net stocks are those which sell below liquidation value and are major bargains. Avoid being a victim of value traps by only investing in net-nets which: Generate revenue, experience NCAV Burn of less than 25% annually, aren’t based in China or if you are risk averse, aren’t Chinese, have sold at a price above the current NCAV in the past 5 years, and are not issuing shares. The post How to Avoid Value-Traps with Net-Net Stocks appeared first on Fat Pitch Financials.
Reverse Mortgages Are Worth a Second Look Discovered on 8 Mar 2016 at 10:09 am
It wasn’t that long ago that everywhere you looked you found an article about how expensive reverse mortgages were. Many The post Reverse Mortgages Are Worth a Second Look appeared first on Fat Pitch Financials.
How Does a Change in Shares Outstanding Impact Stock Returns? Discovered on 4 Feb 2016 at 8:51 am
A reduction in shares outstanding can occur as a result of a company stock buyback. A buyback is when a The post How Does a Change in Shares Outstanding Impact Stock Returns? appeared first on Fat Pitch Financials.
Top Articles of 2015 on Fat Pitch Financials Discovered on 31 Dec 2015 at 9:59 am
Happy New Year! As you prepare for 2016, here are the top 5 articles visited on Fat Pitch Financials in 2015: The post Top Articles of 2015 on Fat Pitch Financials appeared first on Fat Pitch Financials.
2015 Value Investing Books You May Have Missed Discovered on 15 Dec 2015 at 10:07 pm
It is hard to believe 2015 is almost over. I haven’t been able to keep up with my value investing The post 2015 Value Investing Books You May Have Missed appeared first on Fat Pitch Financials.
Return on Invested Capital (ROIC) Backtest Discovered on 6 May 2015 at 8:23 am
The Return on Invested Capital (ROIC) ratio is a very popular measure of company “quality” among value investors. Many even The post Return on Invested Capital (ROIC) Backtest appeared first on Fat Pitch Financials.
5-Year Average Return on Investment Backtest Discovered on 18 Mar 2015 at 9:11 am
I decided to also backtest the 5-Year Average Return on Investment (ROI) in order to see how it compared to my The post 5-Year Average Return on Investment Backtest appeared first on Fat Pitch Financials.
5-Year Average Return on Equity Backtest Discovered on 13 Mar 2015 at 7:00 am
I recently updated my Return on Equity backtest. One of the suggestions I received was to test the 5-year average return The post 5-Year Average Return on Equity Backtest appeared first on Fat Pitch Financials.
Screencast Video: How To Look Up Company Filings with EDGAR Discovered on 2 Mar 2015 at 11:58 am
This screen-cast tutorial shows you how to look up annual reports (10-K) and quarterly reports (10-Q) for companies using the The post Screencast Video: How To Look Up Company Filings with EDGAR appeared first on Fat Pitch Financials.
Singapore Value Investor Tracker
Writing Inspirational and Success Articles Back in 1995 for Teenage Magazine Discovered on 31 Jan 2017 at 3:29 am
My Mum came to visit today and showed me articles I had written in Teenage magazine in 1995. It’s been 22 years since I started writing articles on how to bring out the best in ourselves with the right thoughts and strategies.
Success is An Iceberg Discovered on 31 Jan 2017 at 3:26 am
A female mentor once told me, ” Adam, achieving success is like pregnancy. Everyone congratulates you when you achieve it. But they don’t know how many times you had to get fu**ked to get there ”
My 22 Year Love Affair Discovered on 22 Dec 2016 at 8:42 pm
Yesterday night, I celebrated my 16th Wedding Anniversary with my sweeter and smarter half. We were dining at the top floor of Ion Orchard and right behind us, in the background, was the ‘Four Seasons Hotel’, where we wed in 2000 (what a beautiful coincidence). Like all great relationships, our 22-year love affair (we first […]
The 20 Habits of Eventual Millionaires Discovered on 22 Dec 2016 at 7:40 pm
Do these 20 things and I guarantee you that you will definitely become a millionaire. I should know… I did them all my life
Your Why Is More Important Than The How Discovered on 11 Dec 2016 at 9:56 am
Your ‘WHY’ is more important than the ‘HOW’. When you know WHY you must succeed and have a compelling reason, you will always find the HOW… no matter how tough things seem, no matter how many times you are knocked down, you will always find the strength to GET BACK UP. However, if you don’t […]
The Story of Chinese Bamboo: Power of Patience and Persistence Discovered on 26 Nov 2016 at 2:47 am
Have you been working hard in a particular area of your life, but not seeing the rewards for all your effort? Maybe you have been spending countless hours learning how to trade, researching for stocks and doing hundreds of trades, but not making the huge profits you expect. Maybe you have been spending hours and […]
Everything Happens for a Reason. Don’t Judge, But Open Your Mind to Infinite Possibilities Discovered on 13 Nov 2016 at 12:45 am
Long ago, there lived an old farmer and his son. their most cherished possession was a horse —a beautiful stallion. But one day, father and son awoke to find it missing.The villagers gathered around and lamented their great loss. The farmersaid, “We shall see if this is good or if this is bad.” After a […]
An Open Letter to All Those Who Are Disappointed With Trump’s Win Discovered on 11 Nov 2016 at 3:29 am
What We Can Learn from Donald Trump’s Win First of all, let me just say that I am not a supporter of Trump. I was appalled and disgusted by his sexism, dishonesty, racism and selfishness. Like most rational people, I was sorely disappointed that Hillary Clinton, the most qualified candidate, did not win. It seemed […]
Three Principles That Will Skyrocket Your Career to the Next Level Discovered on 6 Nov 2016 at 5:45 am
Be Inspired by the Iron Nun Discovered on 6 Nov 2016 at 3:30 am
The only limits are in our own mind! We all have tremendous potential to do what most people think is impossible . When we activate our potential with the power of our beliefs, we can achieve anything we set our mind to! Whenever I feel tired to workout, I would draw inspiration from Sister Madonna […]
Warren Buffett on Twitter Discovered on 2 May 2013 at 12:20 pm
Warren Buffett is on Twitter! He received more than 50k followers in 30 mins. https://twitter.com/WarrenBuffett Related PostsNo related posts
India Business Conference at Columbia Business School Discovered on 25 Mar 2011 at 10:30 pm
All visitors here are invited to the India Business Conference at Columbia Business School. One of the key highlights is a value investing panel moderated by Prof. Bruce Greenwald on “Investing in India: Finding Value” with four India’s focused equity investors. Event details are as follows: Friday, April 1st 2011 Alfred Lerner Hall, Columbia University, […]
Warren Buffett CNBC Interview 2011 Discovered on 6 Mar 2011 at 7:33 pm
Warren Buffett recently did a 3-hr long interview on CNBC Squawk Box. The complete transcript of the interview, as well as the actual video footage, can be found below: CNBC Warren Buffett Transcript, March 2, 2011 Part 1: Most Berkshire Businesses ‘Inching Along’ Part 2 : The ‘Zebra’ That Got Away Part 3: ‘Elephant Gun’ […]
Warren Buffett on Goldman Sachs and U.S. Economic Rebound Discovered on 4 May 2010 at 4:36 pm
Warren Buffet was recently interviewed on CNBC about his thoughts on Goldman Sachs and the state of the U.S. economic recovery. You can watch the full interview in two parts below. If you prefer reading, the transcript can be found here. Related PostsBerkshire Hathaway Assurance Insures BondsBerkshire Hathaway Assurance, Warren Buffett's newly setup...Warren Buffett on […]
All For You Featuring Warren Buffett Discovered on 30 Mar 2010 at 11:07 am
Warren Buffett stars from 1 min 40s onwards. Related PostsEvery Breath Bernanke TakesA funny spoof on The Police's "Every Breath You Take" featur...Warren Buffett’s Letter – 1988 (Part 1)Generally Accepted Accounting Principles (GAAP) When an i...
Henry Paulson On The Brink Discovered on 11 Feb 2010 at 10:38 pm
Earlier this week, Warren Buffett and Henry Paulson appeared in an informal 50-minute “conversation” that focused on Paulson and the events he writes about in his book, On the Brink: Inside the Race to Stop the Collapse of the Global Financial System On the Brink gives an insider account of the events that unfolded in […]
Warren Buffett and Bill Gates Columbia Business School Transcript Discovered on 13 Nov 2009 at 9:27 pm
A couple of days ago, Warren Buffett and Bill Gates were at the Columbia Business School to answer questions from their students. It was a lively session hosted by Becky Quick of CNBC. The full transcripts of the session can be read here: Warren Buffett and Bill Gates Columbia Business School Full Transcript Excerpts and […]
Buffett Buys Burlington Northern Santa Fe Discovered on 3 Nov 2009 at 11:19 am
Warren Buffett’s Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., a $34 billion acquisition that if approved will be the biggest in Berkshire’s history. Burlington Northern, the nation’s second-largest railroad, is the biggest hauler of food products like corn and coal for electricity, making it an indicator of the country’s […]
Warren Buffett Interview With Becky Quick Discovered on 6 May 2009 at 12:46 am
Warren Buffett had a quick interview with CNBC Becky Quick on Monday following Berkshire’s AGM over the weekend. Some points from the interview include: Warren Buffett is optimistic about the U.S. economy over the long term, but has no idea how it will be in the short term. It will ultimately turn; he just don’t […]
Warren Buffett’s Letter – 2008 Discovered on 3 Mar 2009 at 4:58 pm
It has been some time since my last post. Last weekend, Warren Buffett released his annual letter to shareholders for the 2008 performance of Berkshire. Thought I would do a quick summary here. The start of the letter shows a comparison of Berkshire versus the S&P. Since 1965, the per-share book value of Berkshire has […]
Adam Khoo Wealth & Investment Tracker
US Markets on Uptrend, Some Stocks Breakout Discovered on 8 Jul 2013 at 11:28 pm
After sitting on the sidelines for the last 3 weeks, while the markets did not provide a clear direction, I started to initiate some new positions last night as the S&P 500 and DoW Jones showed a clear uptrend signal with candles closing above their 50 DMA, 20 EMA above 40 EMA and parabolic SAR […]
Markets Continue Their Bull Run Into The 5th Year Discovered on 27 Jan 2013 at 5:05 am
So far, January has started off with a big bang and global stock markets are continuing their bull run into the 5th year. Ever since US Earnings season kicked off 2 weeks ago, strong earnings reports from JP Morgan, Bank of America, Google and IBM have given extra fuel to this stock market rally. The […]
Congratulations on Your Success Discovered on 25 Sep 2012 at 12:40 am
The US Federal Reserve Launches QE3 and Markets Take Off Discovered on 15 Sep 2012 at 8:09 am
I am sure you have read the news that the US Federal Reserve has pulled the trigger on the biggest quantitative easing effort, QE3 thus far. Fed Chairman Ben Bernanke announced that the FED will be buying $40 billion in mortgage-backed securities each month until employment levels improve. In other words, this time, they are […]
Stock Market Update June 2012 Discovered on 3 Jun 2012 at 8:24 pm
On Friday (1 June), Global stock markets, led by the US stock market suffered their biggest one-day percentage drop for the whole of 2012. The S&P 500 fell 32.29 points, Dow Jones 274.88 points and the Nasdaq was off 79.86. Needless to say, Asian markets will probably plunge as well when the markets open next […]
Stock Market Update May 2012 Discovered on 2 May 2012 at 12:04 am
As The first week of May gets underway, let me give a brief update about the US economy and market, that basically drives the rest of the world. As you would know, first quarter earnings reports have been much better than expected. That has re-ignited the upward momentum and provided a strong boost to the […]
Profit From the Panic Interview On Channel News Asia in 2009 Discovered on 26 Apr 2012 at 2:21 am
The book and TV interview that made Conrad and me famous back in Jan 2009 when we launched ‘Profit from The Panic’- How to make your fortune from the greatest financial crisis since the great depression. 30 days after the book was launched, the US stock market rallied 92% and the Singapore STI jumped 118% […]
The 10 Fatal Mistakes That Investors Make Part 2 Discovered on 4 Apr 2012 at 4:19 am
The 10 Fatal Mistakes That Investors Make Part 1 Discovered on 2 Apr 2012 at 11:03 am
The Bull Run In Stocks Has Only Just Begun Discovered on 17 Mar 2012 at 5:55 am
13 March 2012 was a significant day for stock markets. Finally, the Dow Jones and S&P 500 convincingly broke through the psychological 13,000 and 1,375 respectively, a very bullish sign, re-affirming the uptrend that started at the end of last year. The bull run is now in its 4th month. As a result, the Singapore […]