Buffett points out price investing: ‘What provides you opportunities is other persons executing dumb things’

Buffett points out price investing: ‘What provides you opportunities is other persons executing dumb things’


Essential Points
  • “What provides you possibilities is other people executing dumb points,” the “Oracle of Omaha” claimed at Berkshire Hathaway’s annual shareholder’s assembly.
  • Value investing usually refers to buying underappreciated stocks or organizations when others are selling them at a lower price.



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From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer
Finance

From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer

Key Points The allure of the world’s second-largest consumer market is forcing Western companies to adapt in the face of growing competition from Chinese brands. In the last two years, adapting to the local social media ecosystem of Xiaohongshu and Douyin has become a path to quick success, according to Stephy Liu, founder of a […]

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Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more
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Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more

Check out the companies making the biggest moves midday: Peabody Energy — The coal company jumped 9%. Peabody began arbitration proceedings with Anglo American over the canceled purchase of steelmaking coat assets belonging to the Anglo. SanDisk — The maker of solid state drives jumped 10%, adding to its massive gains. Over the past six […]

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Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly
Finance

Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly

Key Points Chicago Federal Reserve President Austan Goolsbee said Friday he’s leery of cutting interest rates too quickly as threats increase both inflation and employment. “I’m a little wary about front-loading too many rate cuts and just counting on the inflation going away,” he said. Source

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