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| | | It's not often that a highly respected investment guru such as Warren Buffett admits to making a "major mistake"- but last Saturday, he did. In his annual letter to Berkshire Hathaway shareholders, Buffett acknowledged he made a "major mistake of commission" ... |
| | | | ... emulating Yale have the resources of Yale and the talent of Yale to pick the right managers." Paraphrasing market guru Warren Buffet, Barron's said, "First come the innovators, then the imitators and, finally, the idiots." |
| | | | Credit Agricole Asset Management Australia is focusing its immediate attention on garnering ratings from the top rating firms in Australia, rather than pouring resources into distributing its products via platforms. Three months ago, Richard Borysiewicz ... |
| | | | ... 15 points at 4,995 on a volume of 16,219 contracts. CommSec market analyst Juliette Saly said news that US tycoon Warren Buffet's Berkshire Hathaway had agreed to buy $US5 billion ($A5.93 billion) of stock in Goldman Sachs had prompted the positive opening. ... |
| | | | Domestic financial market activity will remain cautious this week with sentiment precariously balanced between the weekend's positive US economic news and further NAB-like announcements on the fallout of the US subprime mess on its balance sheet. Top-tier ... |
| | | | The Australian share market is expected to open lower after US stocks were buffeted by debt rating downgrades for three investment banks. On the Sydney Futures exchange, the June share price index was down 65 points at 5,630. Today, the Reserve Bank ... |
| | | | ... additions follow adviser and client demand for more competitive defensive investments as market volatility continues to buffet the market. Steve Thomas, general manager of product and distribution at Avanteos, said there was an increasing call by advisers ... |
| | | | ... Lonsec analyst Bronwen Moncrieff suggested the fund's investment approach was very similar to the value style used by Warren Buffet, chairman of Berkshire Hathaway. The long-term investment portfolio holds between 25-50 stocks and is managed by former ... |
| | | | Fears of buffeting problems in Australia's listed property sector will spill over to its direct counterpart are unfounded because the real threat lies in increasing rates, according to Property Investment Research (PIR). The Australian direct property ... |
| | | | ... 46.34 points to close at 13,068.30. HONG KONG - Stocks rose as investors took cues from Wall Street gains, helped by Warren Buffet's offer to reinsure $800 billion in municipal debt risk from the top three bond insurers. The Hang Seng Index closed up ... |
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