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Showing 11 - 20 of 127 results for "Buffet"

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
"Don't stop thinking about tomorrow Don't stop, it'll soon be here It'll be better than before Yesterday's gone, yesterday's gone..." -Fleetwood Mac Wall Street rebounded big time the day after markets were buffeted by headlines ...

Buffett doesn't want to report on diversity, climate

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
Berkshire Hathaway is urging shareholders to vote against two separate proposals urging the firm to disclose its climate-related risks and diversity metrics. Berkshire Hathaway Inc's annual meeting is scheduled for May 1. Proxy voting directions filed ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
"Never ask a barber if you need a haircut," Warren Buffett once famously advised. The barber's nod will invariably be met with opposition from shampoo manufacturers. Such is the divide between the Morrison government (the barber) and labour unions ...

IOOF buffeted by advice restructure

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
IOOF has seen over $1 billion in outflows from its advice business in the second quarter due to its business transformation program known as Advice 2.0. The company's funds under management saw losses of $400 million in the quarter to 31 December 2020. ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffett History is again bearing witness to the "Sage of Omaha's" widely-known investing principle for who would have dreamed that the US equity market would rally ...

Investment strategies need to change: GSFM

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
A number of factors have contributed to the current economic uncertainty, and investment strategies need to adapt to the 'new normal', according to GSFM and its fund manager partners Payden & Rygel, Munro Partners and Redpoint Investment Management. ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
Leaders from the nation's industry super funds have called for greater certainty around superannuation policy, noting various challenges face the industry in the period of economic recovery ahead. In particular, industry fund chief executives pushed ...

Warren Buffett allegedly conned by German company

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
Legendary value investor Warren Buffett's company has won EUR 643 million in arbitration after it was allegedly conned by a German company which inflated its revenue before its acquisition. Berkshire Hathaway's Precision Castparts paid EUR 800 million ...

Markets slump as US jobless claims hit 30m

ALLY SELBY  |  FRIDAY, 1 MAY 2020
US bourses fell overnight after data revealed 3.8 million Americans filed for unemployment last week. Over the past six weeks, 30.3 million Americans have filed claims for unemployment benefits as businesses shutter thanks to coronavirus shutdowns. ...

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
US stocks are not expensive, despite their stretched valuations. In fact, it's all just a matter of "gravity" or the historically low interest rate environment, according to Magellan's Hamish Douglass. Speaking to a near-full crowd at the firm's ...