Salient to Investors: Warren Buffett said: Investors should bet on the natural juices of capitalism in the US and not focus too much on what the government’s done – opportunities abound. The US economy is recovering because of the natural juices of capitalism and not because of government – a wonderful system
READ MORE... →Salient to Investors: Brian Jones at Societe Generale said many things are going the right way – more people working means more people spending, which to some extent neutralizes higher taxes. Dean Maki at Barclays expects GDP will rise at a 2 percent annual average pace in half2 from a 1.5 percent rate in half1
READ MORE... →Salient to Investors: Larry Trefz writes: The rally will continue until sentiment turns for the worse, then expect a correction of over 10%. Warren Buffett sees says stocks are good value and cheaper than other forms of investment, while the dumbest investment is long-term government bonds. Stan Druckenmiller sees a
READ MORE... →Salient to Investors: The average analyst expects new solar generation capacity to rise 14 percent in 2013 to 34.1 gigawatts, equal to 8 atomic reactors and versus 4.4 percent growth in 2012. BNEF says China will pass Germany as the largest solar market in 2013 after doubling its 2013 target for new projects in
READ MORE... →Salient to Investors: Luke Sims at Eagle Capital Growth Fund said Warren Buffett is trying to build up his stock pickers Combs and Weschler to show he hired the right money managers to succeed him. Buffett book author Jeff Matthews said the 2012 performance by Combs and Weschler was extraordinary but wants to see
READ MORE... →Salient to Investors: Ivo Weinoehrl at DWS Investments said the macro economic picture has improved a little, but no reason to get excited. Weinoehrl said sequestration will cut a half percent off growth in 2013, so the equity market is fully valued – the debt ceiling will be a much
READ MORE... →Salient to Investors: Alice Schroeder writes: By many accounts, Warren Buffett has pulled off another brilliant feat in spotting an opportunity in food stocks, yet he never made a significant investment when Heinz lagged the S&P 500 from December 2008 to January 2013, and since January 1997. Heinz’s stock was fairly priced before the
READ MORE... →Salient to Investors: Wall Street firms are once again selling debt that may be poised to lose value. Wall Street is selling junk bonds at a record pace after they returned 19 percent in 2012, but says it’s obvious that prices will drop when interest rates rise. The amount of
READ MORE... →Salient to Investors: Warren Buffett said any partnership where I don’t have to do the work is my kind of partnership. Heinz is being bought for 14.6 times Ebitda versus the median of 7.6 times Ebitda of more than 100 comparable deals worldwide. Christopher Growe at Stifel Nicolaus said Buffett’s affection
READ MORE... →Salient to Investors: Tim Courtney at Exencial Wealth Advisors said all these deals are good news for the markets because they show that capital is being put to good use for investors. The difference between the price of put options protecting against a 10 percent slide in the S&P 500
READ MORE... →