Salient to Investors: IAEResearch writes: Warren Buffett will be gone soon but that does not imply that the company is in jeopardy because its strategy is more of a philosophy embedded firmly in value investing. Berkshire Hathaway has outperformed the S&P 500 by 10.3% on an annual compounded basis. To
READ MORE... →Salient to Investors: Tim McAleenan Jr. writes: It is rarely advisable to follow the investment decisions of others because they have different opportunity cost calculations than you, and may understand a company in a way that you do not. Buffett recently stated that he makes the decisions in any Berkshire
READ MORE... →Salient to Investors: Tim McAleenan Jr. writes: The Pareto Principle, also called the 80/20 Rule, states that 80% of the results come from 20% of the actors. Melanie Pinola at Lifehacker says 90% of Warren Buffett’s success at Berkshire Hathaway can be attributed to less than a dozen decisions. This
READ MORE... →Salient to Investors: George Soros cut holdings of gold ETPs in Q1, 2013. John Paulson maintained a stake and Schroder Investment Mgmt bought in Q1. Deutsche Bank said assets in SPDR will probably drop by an additional 2 million to 4 million ounces after slumping 9.7 million ounces since mid-December. Jeffrey Currie et al at Goldman Sachs
READ MORE... →Salient to Investors: John Vincent writes: Buffett continues to hold a very concentrated portfolio with the largest 5 positions accounting for 72.86% of the portfolio. Read the full article at http://seekingalpha.com/article/1439611-tracking-warren-buffett-s-berkshire-hathaway-portfolio-q1-2013-update Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: For the first time since 2009, US bond yields are rising at the same time inflation is slowing, and Treasuries are offering the highest real yields in more than 2 years. Andrew Wickham at Insight Investment Mgmt said inflation is not a big threat while it is
READ MORE... →Salient to Investors: Berkshire Hathaway sold 5-yr and 30-yr securities offering the company’s lowest coupons for those maturities ever, while it has reduced its bond investments and corporate debt in the last 3 years, while fixed-income investments excluding mortgage-backed debt due in 1 year or less has grown to 25 percent
READ MORE... →Salient to Investors: Larry Fink at BlackRock says investors should be heavily invested in equities due to its fair value at a 15.5 P/E ratio for the S&P 500 and good earnings season. Jeffrey Gundlach at DoubleLine said in mid-April that he expects a catastrophic failure because the developed world
READ MORE... →Salient to Investors: Hedge funds et al increased bets on a gold rally by the most in 3 weeks, while short contracts fell 9.2 percent, the most since March 19, though short holdings are still more than triple the average since 2006, when data begins. Net-bullish wagers across 18 US-traded raw
READ MORE... →Salient to Investors: Warren Buffett says the total amount of mined gold in the world could fit into a cube with sides of 67 ft. Thomson Reuters GFMS estimates the amount at 171,300 tonnes, or a cube with sides of 68 ft. Jan Skoyles at The Real Asset Company said
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