Today, Stewart Horejsi owns 4,300 Berkshire Class A stock. He’s worth US$1.4 billion. All it takes is one investment. There are generally two ways you can replicate (to a lesser extent) Horejsi’s results.
There are only a few of these mouth-watering opportunities in the US or here in Australia, with markets at such elevated levels. It might not be long before you see billion-dollar Aussie companies trading for a pittance.
There is perhaps nothing in the financial markets that attracts more jargon than options. From weird and wonderful strategies, through to even the most basic definitions. It can put you off before you even begin.
Of course, there are multiple reasons why Chinese stocks — and stocks globally — are falling. But many of these losses are temporary. We’ll eventually look back at the trade war between the US and China in the same way; a disturbance that created opportunities.
Rather than alcohol, which seems to take off everywhere, you could say coffee is an acquired taste. I remember when I first tried a brew. Bitter. Watery. Stale. So is coffee an idea worth investing in?
On next Wednesday, 17 October, Canada will officially legalise cannabis. They have had a legal medicinal market for years now. And we’re already seeing some of the world’s biggest cannabis stocks (mostly Canadian) rocket higher in price.
I guess you can’t really blame investors jumping out of active and into passive investments. One passive vehicle growing in popularity is exchange traded funds (ETFs). Should we all just buy ‘the market’ and be done with it?
China has a notorious reputation from days gone by of making rubbish cars. For a country built on manufacturing you’d think they’d sort it out by now. But it looks like they might...
The amount of money hedge funds control exceeds US$300 billion. In 2012, this figure was closer to US$39 billion. A real question has to be asked. Do we even need hedge funds?
If we wind things back a little, 2G kicked off global communications. 3G brought us mobile internet. 4G gave us much faster speeds to send and receive data. It also made such data more secure.