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Trading Ideas

How to Make Your Fortune in Crisis Investing

Investors like Sir John Templeton and Bill Browder used major market downturns to make millions of dollars.
Nicholas Vardy explains their way to wealth today: the surprisingly simple rules of crisis investing.

“People are always asking me where is the outlook good, but that’s the wrong question… The right question is: Where is the outlook the most miserable?”
– Sir John Templeton
Sir John Templeton made his reputation as a pioneer in global investing.
After all, he spent a lifetime investing in foreign stock markets far off the radar screen of most U.S. investors.
Templeton bought U.S. stocks even as Hitler’s armies rolled into Poland in …read more […]

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Trading Ideas

Occidental shareholders get first say on Anadarko deal with vote on Berkshire financing

Occidental Petroleum shareholders next month will get their first say on the oil company’s troubled acquisition of Anadarko Petroleum when they vote on issuing shares and warrants to Berkshire Hathaway for helping finance the $38 billion deal. The Anadarko acquisition closed in August, months before an oil price crash sapped the cash flow Occidental needed to pay the debt taken with the purchase. Critics, including activist shareholder Carl Icahn, have said the financing deal with Berkshire Hathaway’s Warren Buffett was too generous. …read more […]

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Trading Ideas

Is Inflation a Certainty?

In this article, Early Investing co-founder Adam Sharp explains why the current economic environment could lead to significant inflation. And why that may actually be a silver lining both for the economy – and for investors.
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Things are looking pretty grim for the world economy. Production is sputtering. Unemployment is soaring. And we don’t know when the COVID-19 quarantines can safely end.
But in every crisis – including this one – there are silver linings.
For the past few decades, much of the world has depended on ever-increasing debt to keep growing.
We all know this isn’t sustainable. But we’ve put off dealing with …read more […]

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Business News

Retailers, restaurants, hotels get 18% of small business bailout cash: SBA

Retailers, restaurants and hotels — on the front lines of the coronavirus pandemic — got a combined 18% of the $342 billion allocated as of Thursday under the a new federal government program to help small firms keep paying their employees during widespread shutdown, data from the agency running the program showed on Friday.

…read more […]

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Business News

Berkshire will shut some businesses, stay cautious in coronavirus ‘typhoon,’ Munger tells WSJ

Warren Buffett’s Berkshire Hathaway Inc will close some smaller businesses and is positioning itself conservatively as it rides out the coronavirus pandemic, Berkshire Vice Chairman Charlie Munger said in an article published on Friday.

…read more […]

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Trading Ideas

Berkshire will shut some businesses, stay cautious in coronavirus 'typhoon,' Munger tells WSJ

“We’re like the captain of a ship when the worst typhoon that’s ever happened comes,” the 96-year-old Munger said in an interview with The Wall Street Journal. “Warren wants to keep Berkshire safe for people who have 90% of their net worth invested in it,” Munger added. Berkshire did not immediately respond to a request for comment to Buffett’s assistant. …read more […]