On Great Fund Managers
Why Warren Buffett is interested in Wine Investing
We got news today that Warren Buffett is bullish on U.S Wine:
A subsidiary of Warren Buffett’s Berkshire Hathaway has struck a deal to purchase Atlanta-based Empire Distributing, which has operations in Georgia and North Carolina. Empire is owned by brothers David and Michael Kahn. That subsidiary is grocery distributor McLane, worth $34 billion. Bill Anderson’s [...]
Book Review: The Greatest Trade Ever
I have the privilege to read the book The Greatest Trade Ever. Thanks to bro who lent this to me.
The Greatest Trade Ever is a book by Gregory Zuckerman writing the behind the scenes look at how John Paulson, and a group of minor investors for saw the subprime and the subsequent crisis and made [...]
Using ROIC to determine whether to buy
At Investment Moats,one of my criteria used for monitoring is to use ROIC. Why? Because i feel the demoninator is much more meaningful in the sense that debt like equity demands a measurement to determine whether lendin those money gives you a worth while performance.
Here is a nice article on MSN Money’ Jim Jubak that [...]
How wide is the moats in Warren Buffetts top holdings in 2010?
Business Insider gave a good breakdown of stocks that Warren Buffett owns at the end of 2009 and for some he have been holding for a long time and som el latest acquisitions.
A glance of this table will show that most of them have a wide economic moat, that will enable them to earn above [...]
Marc Faber looks for a 20% correction in US Market
Speaking to bloomberg, Mr Faber, the bear that he is, thinks that we should be selling on strength:
Words of Advice in investing from Warren Buffett
From the wallstreet journal, great general advices you should keep in mind when thinking about your next investment:
Stay liquid. “We will never become dependent on the kindness of strangers,” he wrote. “We will always arrange our affairs so that any requirements for cash we may conceivably have will be dwarfed by our [...]
Marc Faber shares more insights this week
Marc Faber spoke yesterday in Tokyo to investors advising them that social trends and advise to buy Farmland and Gold that holds value and are portable:
“The next war will be a dirty war,” he told fund managers: “What are you going to do when your mobile phone gets shut down [...]
David Rosenborg:Net Outflows from equities to bonds
I was puzzled why Mr Rosenborg would comment on this when the volume over the past week as low. But it is pretty bad eventually if volume doesn’t picked up even if we end up with more up days:
Stock funds suffered a net outflow of $5.6 billion last week — $5.2 billion from U.S. [...]
John Paulson, Carl Icahn, George Soros and Eddie Lampert ups Financial Stocks
It would seem that when these guys are taking a look at these too big to fail stocks we should take notice about their current valuations and the environment going forward. However, Many are predicting that the market loooks to be heading lower so will you trust to follow these hedge fund mavericks?
John Paulson, Edward [...]
Warren Buffett reduces Energy and up defensive stocks
Reported from the WSJ:
Mr. Buffett continued reducing his stake in ConocoPhillips Co., an investment he has called a mistake. This time he shaved almost 20 million shares, to 37.7 million shares at the end of December from the end of the third quarter.
Mr. Buffett also reversed direction on his holdings of [...]
