Investing News

This article originally appeared HERE. Prem Watsa and Warren Buffett have many things in common. Watsa runs global insurance conglomerate Fairfax Financial Holdings and Buffett oversees the famed insurance holding company Berkshire Hathaway. Both financiers also invest their companies’ “float,” or money an insurer has collected but not paid out in premiums yet. Warren Buffett, one of the
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Shutterstock Outperforming firm Primecap Management said Thursday that it increased its position in Pros Holdings Inc. by 55.07% on June 30. In the transaction, Primecap purchased 678,491 shares of the company, boosting its holding to 1,910,491 shares. The amount makes Primecap a 5.96% stakeholder in Pros Holdings. Primecap has been buying the stock as the
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Michael Nagle/Bloomberg At the year’s midpoint, many investors are getting nervous, what with talk of trade wars and the like. The sage Lewis Walker, a financial planning and investment strategist at Capital Insight Group in Peachtree Corners, Ga., looks at the various dynamics at work on the stock market. One conclusion: Don’t believe market predictions: Larry Light: Market
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Photographer: Luke MacGregor/Bloomberg In the last year, more and more blockchain entrepreneurs have sought to leverage public blockchains, such as Ethereum, to create registries allowing for the recording and transferring of assets, such as diamonds, real estate and securities, through a system that allows the assets to be represented by specific computer code, often referred
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As America gets set to celebrate its 242nd birthday with multi-colored fireworks bursting in air, the suppliers of those pyrotechnics are starting to worry about whether they’ll get stuck in the middle of a trade war. So far, the Trump administration has not included the $1.24 billion fireworks industry on its list of China tariff
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Patrick Kaser, managing director and portfolio manager at Brandywine Global, believes free cash flow is a key determining factor in whether or not a company will be a lucrative investment. Earnings, however, are not always indicative of a successful company. “There are many ways to manipulate earnings, earnings per share, GAAP, non-GAAP, but there’s very
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