Year: 2020

Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility… …read more […]

(Bloomberg) — A report that SoftBank Group Corp. is making billions by using options to bet on technology stocks has stirred speculation the Japanese bank could have been a driving force behind the rally — but not everyone is convinced.Evidence suggests the kind of strategies pursued by institutions like SoftBank have a minimal effect on stock-market volatility, according to Benn Eifert, chief investment officer of hedge fund QVR Advisors. Citing commentary from derivatives trading desks, he said the real power is being wielded by day traders buying enormous amounts of call options on tech stocks. Eifert’s analysis speaks to a …read more […]

Sep.07 — German Chancellor Angela Merkel is rethinking her sustained support of the Russian-led Nord Stream 2 pipeline as a potential response to the poisoning of Russian opposition figure Alexey Navalny. Earlier it was reported that the German clinic treating Navalny ended his artificial coma as his health showed signs of improvement. Bloomberg’s Ray Colitt reports on Bloomberg Markets. …read more […]

(Bloomberg) — Technology stocks remain investors’ best bet and can continue driving returns in the current bull market, according to Peter Oppenheimer, Goldman Sachs Group Inc.’s chief global equity strategist, even as the near-term risk of a market correction persists.The Wall Street guru is advising clients to keep their faith in tech stocks after numerous market players got burned last week during a plunge in the Nasdaq 100 Index, driven by some of the frothier tech companies like Amazon.com and Apple Inc. Goldman is maintaining its overweight recommendation in tech stocks in every region thanks to the sector’s strong cash …read more […]

If you are looking for the best ideas for your portfolio you may want to consider some of Miller Value Partners top stock picks. Miller Value Partners, an investment management firm, is bullish on CVS Health Corp (NYSE:CVS) stock. In its Opportunity Equity Q2 2019 investor letter – you can download a copy here – […] …read more […]

One thing is for sure, 2020 threw the world into a tailspin. The spread of COVID-19 devastated the economy, and took investors on a rollercoaster ride that featured massive amounts of volatility packed into a span of only a few months. Investors saw stocks take a fast and frightening nose dive, only to be followed up by a fierce V-shaped rebound. Against this backdrop, U.S. 10-year and 30-year bond yields plummeted to all-time lows and unemployment levels clocked in at alarming highs. Still, despite all of the chaos, a select few retail names have stolen the show, delivering …read more […]

Duke Energy Corporation (NYSE:DUK) shareholders might be concerned after seeing the share price drop 10% in the last… …read more […]

For his home on Crete, Greece’s largest island, George Kalykakis wanted something unique. He got a sculptural structure, nicknamed the “Tear of God,” designed to keep the harsh sun in check through a series of cuts. Kalykakis gives us a tour. …read more […]

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The oil market sentiment has turned sour, according to Rystad Energy. …read more […]

This article will reflect on the compensation paid to Giovanni Caforio who has served as CEO of Bristol-Myers Squibb… …read more […]

Today we will run through one way of estimating the intrinsic value of Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR… …read more […]

Finnish telecom firm Nokia has suffered a setback after a source close to the matter confirmed it had lost out to Samsung Electronics on a part of the contract to supply new 5G equipment to Verizon in the United States. With this $6.64 billion contract win, Samsung has reinforced its position as a challenger to the dominance of Nokia and its Nordic rival Ericsson in selling telecom gear, after China’s Huawei was barred from bidding for 5G contracts in the United States. The loss for Nokia comes after its new Chief Executive Pekka Lundmark took the top …read more […]

Despite bitcoin shedding over $2,000 in the last few weeks, the “buy the dip” mentality in the market still appears strong. …read more […]

Gyms across Hong Kong were allowed to reopen on September 4, 2020, after being closed for more than 50 days in the second round of social-distancing measures ordered by the city to fight Covid-19. But gyms face heavy restrictions as they get back to business, and many owners and operators say the damage has already been done and is most likely irreparable.

The recently formed Hong Kong Alliance of Boutique Fitness Operators, which represents more than 100 locally owned and operated gyms,… …read more […]