Step into the mind of Warren Buffett as we unravel the intricacies of his Q3 investment manoeuvres. The Oracle of Omaha, known for his calculated dance with market dynamics, made strategic exits, surprising reductions, and even ventured into new territory. Berkshire Hathaway’s Portfolio Dynamics In Q3 2023, Berkshire Hathaway, led by Buffett, executed a series …
Finance minister Nirmala Sitman is likely to give a tax break to overseas investors in the upcoming Finance Budget of 2022. In January so far, although Foreign Portfolio Investors (FPIs) have been net buyers with net buying of more than Rs. 3,000 crores, they have been the sellers in debt securities. This has raised an …
The People’s Bank of China (PBOC) is the central bank of the People’s Republic of China. It is responsible for monetary policy, banking regulation, and the issuance of currency where the PBOC is situated in Beijing. LPR (Loan Prime Rate) serves as a benchmark interest rate, representing the most favourable borrowing terms extended by commercial …
November has proven to be a game-changing month for Nvidia, the tech giant that has seen its stock soar to new heights. Amidst a broader market upswing, Nvidia’s shares have been on an extraordinary winning streak, contributing to a whopping USD 220 billion surge in market value this month alone. The Unstoppable Surge: Nvidia’s stock …
Yesterday marked the deadline for institutional investors (14/11/2023) to disclose their 13F positions as of September 30. Among the notable figures in the financial world, all eyes are on Michael Burry’s Scion Asset Management. Burry’s Semiconductor Short Position: Burry’s most significant move in the third quarter was the acquisition of puts against 100,000 shares of …
WeWork, the co-working space company, has officially filed for Chapter 11 bankruptcy in New Jersey, according to a report from Bloomberg. This decision followed earlier reports, such as one from the Wall Street Journal on November 1, which had already indicated that WeWork intended to file for Chapter 11 bankruptcy in New Jersey. The repercussions …
The Russell 2000, a prominent stock market index tracking the performance of the smallest 2,000 publicly traded companies in the United States, serves as a vital indicator of the nation’s economic health. Given its focus on smaller companies, which are particularly sensitive to domestic economic conditions, the index holds significant weight on Wall Street. In …
South Korean stocks experienced a significant surge in response to regulators’ decision to reinstate a complete ban on short selling, a move that has sparked controversy. Regulators argued that this action was necessary to combat the unlawful utilisation of a trading strategy commonly employed by hedge funds and other investors globally. This ban is expected …
Warren Buffett’s Berkshire Hathaway Inc. announced its quarterly results for the Financial Year 2023 on Saturday. As per the company’s report, in Q3 FY23, the company experienced a substantial 21% year-over-year increase in its total revenue, rising from USD 76,940 million to USD 93,210 million. When examining revenue by segment, within the “Insurance and Other” …
Valuation Expert Aswath Damodaran Suggests Tesla May Be Overvalued at USD 200 per share, proposing a USD 180 valuation. Aswath Damodaran, a respected finance professor at New York University’s Stern School of Business, has recently weighed in on Tesla’s valuation in a blog post on November 1, 2023. Despite not being a Tesla owner or …
