Very early Saturday morning I’ll leave my farm in North Central Kansas and drive to Omaha for a sit-down with Warren Buffett at the Berkshire Hathaway (NYSE: BRK-B) annual meeting. With his longtime partner and vice chairman Charlie Munger, Buffett will speak without notes and answer every question until the… Read More
Analyst Articles
Two Turbine Makers Dominate this High-Growth Market
If you thought Interior Secretary Ken Salazar’s announcement Wednesday of an offshore wind farm was big news for alternative-energy investing, then you must have missed the far bigger news from his Cabinet colleague, Energy Secretary Steven Chu. While Salazar was standing behind a rostrum touting a 130-turbine… Read More
Two Billion-Dollar News Stories No One Even Noticed
Two things happened Thursday that 99.9% of investors don’t know about. The fortunate few who do — and who have acted on their knowledge — are poised to reap serious profits. Today I’ll tell you what these investors know, what happened Thursday, and, most important, how you… Read More
Why Goldman is a Screaming Buy
The Securities and Exchange Commission shocked Wall Street today with its accusation, duly filed in Federal District Court in Manhattan, that Goldman Sachs (NYSE: GS) engaged in fraud during the subprime debacle. Shares have taken a dive, losing… Read More
The Two Holdings Harvard Should Increase
Harvard Management Co. has 120 securities in its publicly disclosed portfolio. Its top four holdings, representing 55% of the portfolio’s $2.3 billion value, are internationally oriented exchange-traded funds (ETFs) that focus on generating income in emerging markets, China, Brazil and South Korea, respectively. Read More
With a stroke of his pen — and after a hellacious fight with the Congress — President Obama brought massive change to the health-care industry. He’s doing the same with another industry today. The industry is different and he doesn’t need Congressional approval. And the plan has… Read More
This week Wall Street has had a lot of its usual fare to digest: Retail sales, housing starts, petroleum inventories, mortgage applications, some minor earnings reports. Those data points… Read More
Here’s a brief three-part history and economics primer, followed by some advice on how to make money from it. The Past Nearly a half-century ago, on Dec. 14, 1960, the United Nations passed Resolution 1514, a declaration on the granting… Read More
Advice I’d Only Share with Fabulously Rich Friends
Say you and I are friends. And let’s further assume you’re fabulously wealthy. You’ve come to me for advice. What would I tell you to do with your money? I’d tell you to do three things. The first:… Read More
Know when to hold ’em, Kenny Rogers taught us. Know when to fold ’em. Know when to walk away. And know when to run. Northrop Grumman CEO Wes Bush evidently knows the song. Mr. Bush has decided to… Read More