Salient to Investors: Warren Buffett said: Congress will resolve the US debt ceiling stalemate before it seriously harms the country. One second beyond the debt limit would not do us in, but if it goes a year beyond, that would be unbelievable. US government bonds carry ‘the full faith and
READ MORE... →Salient to Investors: Warren Buffett said: The Fed is the greatest hedge fund in history because of its ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion, probably generating $80 billion or $90 billion a year in revenue for the US government, not
READ MORE... →Salient to Investors: John Maynard Keynes wrote in 1934: “As time goes on, I get more and more convinced that the right method in investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.” And:
READ MORE... →Salient to Investors: Warren Buffett shares of Wells Fargo for the 9th straight quarter, to Berkshire’s largest holding in a portfolio that includes Coca-Cola, American Express, and IBM. Buffett has not added to American Express and Coca-Cola since the 1990s. Buffett favors making concentrated bets on companies he’s studied for years. Jeff Matthews, author of books
READ MORE... →Salient to Investors: Kim Shepherd at the Wilshire Trust Universe Comparison Service said institutional investors’ allocations to dollar-denominated bonds in Q2 were 26.2 percent of assets, the lowest level since 2007, and versus 32 percent of assets in Q4 2011. David Darst at Morgan Stanley is advising clients to cut bond allocations to
READ MORE... →Salient to Investors: Warren Buffett said coal use in the US will continue to fall gradually as electric utilities switch to cleaner alternatives over many years, and when natural gas prices get low enough. Buffett said coal plants produce 38 percent of all US electricity. Coal accounted for 49 percent in 2007.
READ MORE... →Salient to Investors: William Pesek writes: Rampant political dysfunction has stopped India’s progress cold. India is in a self-destructive pattern of relenting on the big issues, then killing would-be investors with the details. The lack of transparency and reliability makes it virtually impossible to consider long-term investments in India. India is proving
READ MORE... →Salient to Investors: Matthew Smith at theinvestar.com writes: We have shifted toward an investor’s market rather than a stock picker’s market. The rise in the 10-year T-yield is not a concern since we are still very near all-time low rates, and 30 to 50-year interest rates do not mirror the recent
READ MORE... →Salient to Investors: Warren Buffett money tips: Spend wisely and limit buying things you don’t need. Save to fund an emergency fund. Invest for the long-term. Limit or pay-off what you borrow. Never invest into a business or idea that you can’t understand.. Master the basics of accounting and investing.
READ MORE... →Salient to Investors: Warren Buffett says chapters 8 and 20 of “The Intelligent Investor” have been the bedrock of his investing for more than 60 years, and recommends investors reread them every time the market has been especially strong or weak. Read the full article at http://warrenbuffetinvestment.blogspot.com/2013/07/warren-buffet-favorite-book-intelligent.html Click here to receive free
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