Liz Claman Thu Night Interview With Warren Buffett On The Eve Of Annual Meeting
We have seen in all our businesses a big upswing starting in March.
– Warren Buffett, Thursday evening April 29
Most of us that have spent their lives in markets know what the macro environment greatly influences shares prices. The market cycles between bull and bear markets and if we could understand their dynamics and make adjustments, it would improve…
My best guess is that nothing much will change with QQQ, IWM and ARKK through year end. I can’t rule out QQQ breaking out to the upside but IWM likely won’t resolve its range until next year and ARKK will…
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At the end of his long life, Charlie Munger expressed doubts about the future of value investing: I think that the modern investors, to get ahead, almost has to get in a few stocks that are way above average. They…
Alice Schroeder, author of the recent biography The Snowball: Warren Buffett And The Business of Life (2008), harshly criticized Buffett and the annual meeting on two counts in a piece yesterday for Bloomberg: “Buffett Turns Into One More Corporate Bubble”, Alice…