Monthly Archive: March 2019

Warren Buffett was interviewed by Becky Quick on CNBC today. The 7 highlights were: (1) On Lyft’s IPO: “Buying new offerings during hot periods in the market — I don’t think it’s anything the...

The U.S. Treasury yield curve is NOT inverted. The yield on the 3 month U.S. Treasury Bill is 2.44% and the yield on the 30 year U. S. Treasury Bond is 2.88%.  The U.S....

Recession fears appear to be premature despite a flat yield curve (3 months vs. 10 Year Treasuries.)  All previous U.S. recessions since World War II were preceded by the Federal Reserve raising interest rates...

I am quoted in a Bloomberg article: “Buffett’s Course Reversal on Airlines Sparks Talk of Acquisition”. Last year, the famed investor said he wouldn’t rule out owning a carrier, prompting talk about which one he’d grab. “One...

StoneCo Ltd. (STNE), a financial technology company in Brazil, is up 20% in extended hours trading at $41.44 on higher than expected earnings. It is now 70% above the IPO price of $24 paid...

On March 6, I was interviewed for about 30 minutes on Wharton Business Radio (SiriusXM 132) on issues at Kraft Heinz.

In an SEC Filing today (Proxy Statement for Annual Meeting of Shareholders), Berkshire Hathaway revealed that Vice Chairmen Ajit Jain and Greg Abel each received $18 million in compensation in 2018.  In previous years,...

In an SEC Form 4 filing, Berkshire Hathaway revealed that it added $250 million to its $3 billion stake in Delta Airlines last week at about $49 per share.  It currently owns a 10%...

Today is the 10th Anniversary of the stock market bottom of March 9, 2009.  From October 9, 2007 through March 9, 2009 (17 months), the Dow Jones Industrial Average declined by 55%, with the...