Most New Year's resolutions are broken just a few days or weeks into the new year. However, there are some achievable resolutions that investors can easily stick to ...
In an interview on Nightly Business Report last night, Vanguard Founder John “Jack” Bogle comments on the investment follies of the decade coming to a close and expressed positive views on prospects for returns from common stocks in the decade ...
In the brief interview shown below, Professor Meir Statman of Santa Clara University’s Leavey School of Business discusses investor risk tolerance with Paul Kangas of Nightly Business Reports. Prof. Statman is a leading expert in the field of behavioral finance ...
In an amended filing of the proxy for Berkshire Hathaway’s proposed acquisition of Burlington Northern Santa Fe, new details have been provided regarding Burlington Northern’s management forecasts of future results based on a number of different macroeconomic assumptions. The restrained ...
As we discussed in September, much of the response to the global economic crisis of the past two years was based, at least in part, on the economic theories of John Maynard Keynes. Broad based government intervention in the economy ...
David Sokol has been in the news many times over the past few months due to his increasing prominence within Berkshire Hathaway. Mr. Sokol is Chairman of MidAmerican Energy which is one of Berkshire's most important subsidiaries. In addition, he ...
Exxon Mobil has agreed to acquire XTO Energy in a $31 billion all stock deal which values XTO at a 25% premium to Friday’s closing price. According to a Wall Street Journal article, Exxon’s move may send a bullish signal ...
Warren Buffett has often said that there are no called strikes in the field of investing. Investors are presented with a series of "pitches" every business day by the market but there are no penalties for failing to swing other ...
Anyone who has ever worked in a large organization knows how rare it is to encounter unified information systems that capture all relevant data required for intelligent decision making. Typically, individual departments have their own systems for critical tasks and, ...
Companies that attempt to expand from their home base into foreign countries must adapt their operations to suit the preferences and peculiarities of each local market. In the “Tea with the Economist” interview shown below, Wal-Mart’s head of China operations ...
Mariusz Skonieczny has written a worthwhile beginner's guide to the stock market in his book Why Are We So Clueless about the Stock Market? The book's audience appears to be those who are entirely new to business and investing concepts ...
BYD is likely to select the Los Angeles market as its entry point for the all-electric e6 model according to an article in the Wall Street Journal. The selection of Southern California for the product introduction makes a great deal ...
Those who followed politics in the early 1990s will recall the impact that “bond market vigilantes” had on the Clinton Administration’s fiscal policies. Will credit rating agencies replace the bond market as a form of fiscal discipline in the years ...
T. Boone Pickens made headlines in 2008 with his "Pickens Plan" for American energy independence. The plan, which consisted of a combination of wind farms and greater use of natural gas, was unveiled as crude oil prices reached an all ...
The Financial Times Lex Column this morning highlights a trend that Berkshire Hathaway shareholders have been aware of for some time: The Price/Book Value ratio has been steadily falling over the last several years and is now at levels unseen ...
On the surface, this post may seem to have very little to do with investing. However, the importance of having a set of standards or principles is critical for success in all professions. In a segment on Friday regarding the ...
Berkshire Hathaway released the proxy statement for the previously announced special meeting and set the date for January 20 at 9:30 a.m. in Omaha. As the company announced in November when the Burlington Northern Santa Fe acquisition was announced, a ...
Prem Watsa, Chairman and CEO of Fairfax Financial Holdings, has often been referred to as "Canada's Warren Buffett" due to his successful insurance and investing track record. However, in a recent interview with canada.com, Mr. Watsa expressed very different views ...
The Bureau of Labor Statistics (BLS) released its November report on employment this morning which shows that unemployment dropped to 10.0% from 10.2% in October. While any drop in the "headline" unemployment rate is likely to be greeted with celebration ...
More details are emerging regarding the management transition at NetJets earlier this year when David Sokol was named Chairman and CEO after Richard Santulli’s unexpected resignation. Last month, Mr. Sokol granted an interview with The Columbus Dispatch regarding his turnaround ...