By: Thorsten Polleit On May 4 and 5, 2018, Warren E. Buffett (born 1930) and Charles T. Munger (born 1924), both already legends during their lifetime, held the annual shareholders’ meeting of Berkshire Hathaway Inc. Approximately 42,000 visitors gathered in Omaha, Nebraska, to attend the star investors’ Q&A session. Peoples’ enthusiasm is understandable: From 1965 […]
Investing
Marc Faber warns U.S. dollar, stock market are ‘overvalued’
This week, after the Federal Reserve raised interest rates for just the second time in a decade, the United States dollar rose to a 13-year high. The greenback is certainly flying high. But the question is: is the U.S. dollar overvalued? Marc Faber, contrarian investor and financial publisher, thinks so. Faber, speaking in an interview […]
Infographic: Many banks are getting their stock picks wrong
Why are so many financial institutions in the United States getting it wrong when it comes to their stock picks? According to a new infographic from Visual Capitalist, a large number of banks have a poor record on stock picking. The best is Nomura with a 60 percent accuracy rating, while the worst is Citigroup […]
Marc Faber says gold should be 25% of portfolios to shield you from central banks
How much of your investment portfolio is in gold? Five percent? Ten percent? One contrarian investor believes that the yellow metal should control one-quarter of your portfolio. Speaking at a recent conference in Chicago, Marc Faber, the editor of the Gloom, Boom & Doom Report, encouraged investment professionals to have 25 percent of their portfolio […]
U.S. 10-year bond falls to record low yield of 1.36%
Global investors may have fierce appetites for United States government bonds. With immense volatility in the stock markets, investors are seeking out something safer. And they view U.S. government debt as a safe investment. U.S. government bonds are high in demand from foreign investors. However, that doesn’t mean it’s a good thing. The yield on […]