As the environment becomes more and more favorable for U.S. stock pickers, hedge funds are poised to reap the rewards, say strategists at Goldman Sachs, according to an article in…
Day: March 3, 2023
Berkshire Hathaway’s Big 2022 Losses
Warren Buffett still believes in American resilience, writing that “I have yet to see a time when it made sense to make a long-term bet against America” in a February…
The Fed Screwed Up, Says Real Estate Mogul Sam Zell
Billionaire investor and Chairman of Equity Group Investments Sam Zell hasn’t gone through the same “rethinking” on the possibility of a recession that many others on Wall Street have. In…
Fund Firms May Level Out Proxy Voting
Wall Street functions as a plutocracy, where one share—rather than one person—equals one vote, giving the richest investors more power. But fund companies are beginning to explore options to change…
Signs Of A Major Stock-Market Rebound
While many investors are still harboring bearish sentiments, with Morgan Stanley positing that stocks could drop another 20% and Bank of America and Goldman Sachs forecasting new market lows in…
Buffett’s Slapback At Buyback Critics Is Fair
Warren Buffett generally doesn’t use his yearly letter to shareholders to push for policies that would line his pockets or those of his company’s, Berkshire Hathaway, and doesn’t often use…
Cash Pays More Than 60/40 Portfolio
For the first time in over 20 years, the traditional 60/40 stock-and-bond portfolio is paying out less than some of the most risk-free securities, reports an article in Bloomberg. The…