The 2017 Berkshire Hathaway annual report is out. It is always highly anticipated as it contains Warren Buffett’s annual letter to shareholders which usually is packed with nuggets of investing wisdom.
I read an excellent autobiography this summer by Edward Thorp which I also mentioned in our most recent newsletter. Mr. Thorp’s name is much less known in contrast to his accomplishments. He is a mathematician by training, obtaining his Ph.D. from UCLA. He’s popularly known for a number of feats.
On Saturday, February 27th, Warren Buffett released his 51st annual letter to Berkshire Hathaway shareholders. Every year, the letter is highly anticipated by investors around the world looking to gain insights and wisdom from the 85 year old Oracle of Omaha. This year, in his 31 pages of remarks, Mr.
As human beings, I think we’re naturally more inclined to be active than inactive. Our minds are constantly turning with thoughts and ideas. If you’ve never tried meditation, I would encourage it just to experience how difficult it is to keep your mind from drifting.
A budget bill has passed both houses of Congress and is on its way to the president’s desk to be signed into law. The bill contains changes that will impact future Social Security recipients.
With US stocks off over 10% (as measured by the S&P500) from their all-time highs reached in May, perhaps you’re wondering how the big-dogs are doing. You may be surprised.
After a remarkable run, the stock market has finally experienced some negative volatility. The last time we experienced anything like the past few weeks was in 2011. As you may recall, late that summer, one of the big ratings agencies downgraded the credit of the United States as politicians in Washington wrangled over raising the nation’s borrowing limit.
On May 2nd we were in Omaha with several clients attending the Berkshire Hathaway annual shareholders meeting. The meeting marked a significant milestone. Over fifty years have passed since Warren Buffett took control of Berkshire Hathaway, then a struggling New England textile company.
I say this quite often, and I’ll say it here again, reading about politics is a sure way to make one cynical. It does for me at least. However, reading about some of the amazing research occurring at our universities and new treatments being developed by businesses gives me great optimism.
As the western world ages, concern is growing that we are in the early stages of an epidemic. According to the World Health Organization, over 35 million people worldwide have Alzheimer’s disease. Those numbers are expected to triple by 2050.