The billionaire chairman of Berkshire Hathaway cited a farm he's owned since 1986 in cautioning individuals against frequent buying and selling
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., cited a farm he's owned since 1986 in cautioning individuals against frequent buying and selling of stocks.
Hedge-fund manager David Einhorn cautioned against betting on the extension of a U.S. stock- market rally that he said was fueled by conditions that are difficult to sustain.
“Love the fact that Commissioner Aguilar is CRUSHING the SEC on its turnover,” Cuban tweeted. “I'm liking this guy a lot.”
Investors may almost triple the amount of capital they put into hedge funds this year, an annual survey by Deutsche Bank AG showed.
Fidelity Investments, the second- largest U.S. mutual fund company, reported a 13% increase in operating income last year as the rally in equities boosted assets.
It took Abigail Johnson 25 years to take charge at Fidelity Investments, the money manager controlled by her father. As she picks a new head for the firm's asset-management unit, her choice is likely to be a company veteran who rose through the ranks like she did.
Hedge-fund titan says market rally has been fueled by conditions that are difficult to sustain
While emerging-market equities trade at the biggest valuation discount versus advanced-nation stocks since 2006, investors are concerned that slowing economic growth and reduced Federal Reserve stimulus will lead to more losses.
Three former WJB Capital Group Inc. executives were charged with defrauding investors of more than $11 million in a bid to prop up the now-defunct broker-dealer. The trio pleaded not guilty.
