Berkshire Hathaway trading at 1.3 times its book value Warren Buffett and Berkshire Hathaway released the company’s annual report last weekend. The report shows that the company’s A shares (NYSE:BRK-A) are trading at about 1.3 times the amount of Berkshire Hathaway’s end
March 8, 2016
Just a few weeks ago FactSet was reporting analysts’ estimates for Q1 2016 EPS were looking to be a 6.9% decline year-over-year. Their latest update now suggests -8.0%, as the deterioration in earnings outlook is becoming the most significant part of the trend.
Telling someone to sit tight amidst volatility is one thing. Getting them to listen to this time-proven advice is another thing entirely. And believe me, I don’t kid myself. I know many of our readers, despite my pleading, sold all
The five-day rally that had lifted the S&P 500 by 3.60% ran out of steam today. Most of that rally’s gain was the result of the 2.39% advance on the first day, In fact, today’s closing loss of 1.12% essentially
Stocks managed to hold near their recent levels, pulling back a bit from overhead resistance. There was nothing of note in the US macroeconomic news this morning as you can see below. The markets are waiting to see what the
It seems that over the past few months now, day to day, week to week, precious metals are trying to tell us something. They just keep powering higher. Do you think perhaps the underlying message is that the central bankers’
You’d think this market is exhausted and it probably is, but apparently it still has some fight left in it, because it refuses to stay down for very long. Like Rocky Balboa taking punch after punch from Ivan Drago, yet
In his seventh, and final, State of the Union address this January, President Obama, clearly looking to bolster his legacy as the president who vanquished the Great Recession, boldly asserted that “Anyone claiming that America’s economy is in decline is peddling fiction.”Unfortunately for
When historians sort out this era of once-a-decade financial bubbles, they’ll marvel at how dissimilar the drivers of each boom were. The junk bonds of the 1980s were essentially leveraged tools for extracting wealth from companies. The dot-coms of the
Photo Credit: Dom Sagolla Square Inc. (SQ) Information Technology – IT Services | Reports March 9, After Market Closes Digital payments platform, Square (SQ) is scheduled to reported its fourth quarter quarter earnings tomorrow, after the closing bell. Expectations have been low
