The Stock Market and North Korea
I am quoted in the Washington Post on the stock market and North Korea: David Kass, a finance professor at the University of Maryland, said “there is an expectation that the (Korean) crisis will...
Monthly Archive: August 2017
How Will Berkshire Hathaway Invest $100 Billion in Cash?
After the market closed on Friday, August 4, Berkshire Hathaway released its Form 10-Q for the quarter ending June 30, 2017. This filing revealed a record cash position of $100 billion as compared to...
Berkshire Hathaway – 6th Largest Market Capitalization ($444 Billion)
At its all-time high closing price on August 4, 2017 of $270,000 per Class A share, Berkshire Hathaway has a market capitalization of $444 billion, which is the sixth largest company. The six largest...
Berkshire Hathaway’s Operating Earnings Decline 11% During Second Quarter 2017
After the market closed today, Berkshire Hathaway released its second quarter earnings report for 2017. Its operating earnings declined by 11% primarily as a result of a loss of $22 million in its insurance...
5 Highlights of Alan Greenspan on CNBC
Former Federal Reserve Chairman Alan Greenspan was interviewed on CNBC on August 4, 2017. The 5 highlights of his comments were: (1) Real long term interest rates in the U.S. are the lowest they...
Why the Dow Jones Industrial Average Is Not Overvalued
On August 2, 2017, the Dow Jones Industrial Average (DJIA) closed at an all-time high of 22,016.24. Since the financial crisis stock market bottom of March 9, 2009, stocks have risen sharply. The compounded...
