Munger was instrumental in directing Buffett into buying strong-brand quality companies and staying away from dirt-cheap names that he called “cigar butts.”
Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease
Markets largely expect that the Fed has stopped raising rates and will start cutting in 2024.
EV maker Lotus Tech to go public in the U.S. via deal with L Catterton SPAC
SHANGHAI, Jan 31 (Reuters) – Lotus Technology said on Tuesday that it will go public in the United States via a merger with special purpose acquisition company L Catterton Asia Acquisition Corp (LCAA.O) in a deal that will value the combined group at $5.4 billion. The valuation takes into account $288 million of cash in...
Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks
Wells Fargo Securities’ Chris Harvey sees a volatile path to his S&P 500 to 4,625 year-end target.
‘Same as ever’: Lessons on wealth, greed and happiness from Morgan Housel
Morgan Housel has become the Mark Twain of financial writers.
Stocks making the biggest moves midday: Foot Locker, Okta, Carnival, Shopify and more
These are the stocks posting the largest moves in midday trading.
More employers offer a Roth 401(k) — and a Secure 2.0 change may prompt more workers to use it
Roth is a type of after-tax savings. Secure 2.0, a retirement law passed last year, is poised to increase adoption even more in the workplace.
This exchange is expanding its short-term options portfolio as ‘zero-day’ bets boom
Nasdaq launched new short-term options on asset classes like oil and bonds that expire on Wednesdays.
Where China’s consumers are spending. Jefferies’ top sector picks for 2024
Most consumers in China haven’t been in a mood to open their wallets, except for certain kinds of products.
Why cautious investors may want to look beyond high-yield savings accounts
Cautious investors piling into cash may want to consider other options. But convincing them could be “very, very difficult,” says one expert.