For the 55 calendar years from 1965 through 2019, Berkshire Hathaway’s stock rose at an 18.6% annualized pace, versus 11.8% for the S&P 500 SPX, -1.15% . (Both returns reflect reinvested dividends.) Warren Buffett can take credit for this, and he appears to be very much in charge of Berkshire. …
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MARKETWATCH FRONT PAGE You’re taking a bet you may not fully realize See full story. Trump vs. Fauci: The president says, ‘He was wrong’; the doctor responds, ‘Everybody thinks I’m doing more than an outstanding job’ ‘Well, I don’t know that he’s a leaker. He’s a little bit of an …
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MARKETWATCH FRONT PAGE You’re taking a bet you may not fully realize See full story. American Airlines CEO: ‘Let’s go fly, for God’s sake’ Doug Parker says the fly-more strategy is ‘working extremely well’ so far See full story. Defiant Fauci tells InStyle magazine: ‘With all due modesty, I think …
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The quarter has been stellar, with the Nasdaq COMP, +0.74% in particular on fire, but the Russell 2000 RUT, +0.40% hasn’t been far behind. Russell 2000 — a contender. Our call of the day from Mary Lisanti, president of Lisanti Capital Growth and manager of the Lisanti Small Cap Growth …
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“ ‘The stock market has already discounted a significant degree of the economic recovery. So, incrementally improving data here might not do much to lift prices. The risk-reward isn’t great here.’ ” That’s Bryn Mawr Trust’s Jeffrey Mills, who oversees $ 16 billion in assets, talking to CNBC Friday about …
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Investors usually must contend with a trade-off between income and growth. Not so with the Reaves Utility Income fund, which has a 6.48% dividend yield and performance that has beaten the S&P 500 Index SPX, +1.30% over the past 10 and 15 years. That’s unusual, given that the benchmark index …
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A French official on Tuesday expressed optimism the European Council will back the efforts by France and Germany for a 500 billion euro fund to aid economic recovery efforts. “I am confident that we will find a way,” said Odile Renaud-Basso, director general of the French Treasury, during an online …
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A portfolio manager at one of London’s leading hedge funds has warned of a future haunted by “a more Soviet outcome” from countries defending their economies against the coronavirus. Tim Bond, partner and portfolio manager at Odey Asset Management, told MarketWatch: “Dog will no longer eat dog. Instead, all will …
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‘We didn’t know how to navigate the virus and chose not to because we didn’t think we had an edge in trading it. So, we stayed in our positions and in retrospect we should have cut all risk.’ Ray Dalio Ray Dalio’s deft navigation of the financial crisis 12 years …
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