Who Can ‘Oracle’ Tech Stocks?

Once the king of investing, Warren Buffett has lost his mojo. Berkshire Hathaway has woefully underperformed the S&P 500 Index over the last decade. Yet Buffett keeps doubling down on his old strategy. Founders Fund founder Peter Thiel says investors today should look to high-tech growth stocks, not traditionally safe value stocks. Warren Buffett has …

Warren Buffett’s Tech Stock Phobia Is Making His Billionaire Ranking Crater

Warren Buffett’s billionaire ranking is under threat from tech billionaires. Ex-Microsoft CEO Steve Ballmer is the latest to eclipse Buffett in net worth. Berkshire Hathaway is underperforming the broader stock market, a repeat of last year. Not that long ago, Warren Buffett regularly ranked among the world’s top three billionaires. But that’s changed, and the …

Ghastly IMF Forecast Pushes The ‘Buffett Indicator’ Deeper into Danger Zone

The IMF drastically revised GDP projections downward Wednesday. That will push the already unnerving Buffett Indicator to record levels. Stock market valuations are decoupling from corporate multiples as well as economic projections. The forward S&P 500 P/E ratio is hovering at 20-year highs. The International Monetary Fund (IMF) had some terrible news for the stock …

Dave Portnoy Would Be the Perfect ‘Diversity Hire’ for Berkshire Hathaway

Warren Buffett’s value-investing philosophy has received a lot of flak recently. Year-to-date Berkshire Hathaway is down by double-digits. Meanwhile, Dave Portnoy has become the latest internet sensation with his “outlaw” style. The self-declared captain of day traders, Barstool Sports founder Dave Portnoy, has called Warren Buffett “washed up.” He has also claimed to be smarter …

Don’t Blame Today’s Stock Market Bloodbath on a ‘Second Wave’

Stocks are having their worst day in weeks. The drop is being blamed on “concerns” for a second wave of the pandemic. But a struggling labor market, skyrocketing valuations, and a retail investor frenzy are the real catalysts. Stocks are taking it on the chin today. And according to the talking heads, the narrative is …

Everyone Thinks They’re Warren Buffett Just Before the Stock Market Bubble Pops

A sports gambling podcaster-turned-day trader is canceling Warren Buffett. The millionaire internet celebrity gloated over airline stock gains Tuesday. But a gut-check correction to stock prices, poor decision-making by an amateur day trader, or even just bad luck could cancel Dave Portnoy’s gains. Move over, Eminem. Day traders are killing people in their lyrics too. …

Trump Is Giving Warren Buffett Investing Advice – But He Shouldn’t

Donald Trump said that Warren Buffett’s decision to sell U.S. airline stocks was a mistake. U.S. airline stocks rose sharply Friday after a shockingly positive jobs report fueled investors’ optimism. But the airline industry could take many years to recover as there will be fewer passengers flying. During a White House address on the economy, …

Warren Buffett Joins the Chorus of Billionaires Warning of a Stock Market Crash

Warren Buffett is selling once again despite the stock market’s 20% fall. His actions fall in line with peers who’ve been outspoken about the potential of a stock market crash. Data shows investor greed is at a multi-year high. Today’s stock market is unlike any other in history—Warren Buffett said as much during Berkshire Hathaway’s …