Oso planning to go pro
I have never owned gold, for the following reason: No Yield. In my mind, you have to be a trader and sell high to make a profit. Also, Gold trades more like a currency than a commodity. So, that is how I think. Please tell me if I'm wrong, especially on the zero yield and you have to be a buyer and seller of gold to make it a worthy investment. Because of this I prefer real estate (rental not vacant land), bonds and stocks. I want my money making money even if I don't sell (because frankly, I don't sell often and I am not a trader). I see gold as too up and down and it does strange things and appears rather unpredictable.
That was on April 1827 analyst of Wall Street have DIS price targets. Average $110.48 (last $105.65)19 Buys14 Holds (which is Wall Street talk for Sell)2 Sells (which means Sell Now!!!)Last analyst changesMay 6, RBS Neutral, target $103May 5, Cowen, Sell, target $88May 3, Drexel Hamilton, Buy, target $118May 2, Jeffries, Hold target $92 May 2, Bernstein, Hold, target $110May 1, Piper Jaffrey, Buy, target $120May 1, FBR Capital Markets, Buy, $111seems like Wall Street is all over the place on DIS. And that is just the last week!
Would have said MNST earlier this week. Two of top sellers out of 10 items for immediate consumption at Cstore and Gas. Took off big with a beat recently, but I think they are poised to break out over historical highs. Will Coke buy them with distribution agreements already in place?
UBS puts buy target for DIS at $116
MNST up another $4.31 today...up $30 since end of April. Close to a breakout of their historical ceiling. STZ up to $163 (another 2.38 today). MCD at an all time high as our many others in food and beverage. Money has been flowing into this sector as it is safer in a softening economy, per below.
Warren Buffett putting a ton of money into Apple.
$1 billion investment is large in my book.
Everything is relative. For a $500 billion company and an investor with hundreds of billions under management, it is a small investment.
Agreed. That's almost twice what my entire portfolio is worth!
It's his second largest position...yes? Thus, big
Stock up about 4.5% since Heis's post re: below $90 on Thursday.. a couple of trading days can make a difference when you pick-n-choose, a''ina? #PraiseCook
Isn't Berkshire buying up a bunch of Apple stock a sign that Warren views it more of a value company than a growth one?
Now even close.If you include his public holdings only, around 16th 1. Kraft - $25B2. Wells Fargo - $23B3. Coke - $19B4. IBM - $12B5. AMEX - $9B6. Phillips 66 - $6.5BB7. Wal-Mart - $3.7B8. US Bancorp - $3.5B9. Davita - $2.8B10. Moodys - $2.4B11. Charter - $2.1B12. Deere - $1.8B13. Goldman - $1.8B14. GM - $1.6B15. Verisign - $1.2B16. Apple $1.07B17. USG - $1.0BOf course he owns 100% of about 80 companies outright (Berkshire, Fruit of the Loom, Nebraska Furniture Mart, Dairy Queen, Marmom Group, Business Wire, Clayton Homes,. Netjets, Lubrizol, Johns Manville, Helzberg Diamonds, General Re, Geico, FlightSafety, See's Candies, Duracell, Burlington Northern, Benjamin Moore... and about 60ish more). Include these and Apple is not in the top 30.And this does not count various non-stock bets like perferreds, loans (which he will do with Yahoo) derivatives, silver, bonds etc.As of March 31, 2016 - Berkshire had total assets of $427 billion. Apple is worth $500 billion. viewed this way, a $1 billion position is not that significant.It's an after-thought for for him. And again, it was not even him anyway. He 83 and has two portfolio managers working for him becasue many investors are worried if he assumes room temperature. They initiated this position.
Thank youI would clarify one thing. Yes, Berkshire's total assets are around half a billion, but their stock holdings are about $128 billion.
Half a billion in assets? Close. Your only off by a measly $450 billion.
The point again, is this is a rounding error investment. But because it is Warren and Apple, we have to make it a much bigger deal than its economic meaning would suggest.
The point again, is this is a rounding error investment.