Money and Finance
- A Few Good Reasons To Hoard Some Cash Now - By Jason Zweig
The stock market is near record highs. More money came into U.S. stock mutual funds the week of Oct. 23 than during any other week since 2007. Initial public offerings like Twitter are booming. So have you considered keeping more of your assets in cash?...
- Berkshire Hathaway, 3g Capital To Buy Heinz For $23 Bln Cash
Warren Buffett's Berkshire Hathaway Inc and 3G Capital will buy H.J. Heinz Co for $72.50 a share, or $23.2 billion in cash, Heinz said on Thursday. Including debt assumption, Heinz valued the deal at $28 billion, which it called the largest in food...
- Buffett's Latest Bargain: Berkshire Hathaway
For all the adulation he receives, Warren Buffett isn't getting credit where it arguably counts the most: his company's share price. Berkshire Hathaway's Class A shares trade around $128,000 a share. While that's a big number, it's...
- Warren Buffett: Merchant Banker Of Last Resort
Found via the Corner of Berkshire & Fairfax. In financial markets, judge operators by what they do not what they say or intend to do if stars are properly aligned. Reading the Berkshire Hathaway 10-Q reveals a somber point of view in terms of...
- Recent Transaction
Yesterday I sold another call option on some of my shares of HAL, my ESPP shares. I'm currently way overweight my employer's stock. I have just over 184 shares from the first purchase that went through that has already reached LTCG treatment...
Money and Finance
For Warren Buffett, the cash option is priceless
Found via My Investing Notebook.
If holding cash in your portfolio for little return is driving you crazy, maybe it’s time to look at it the way Warren Buffett does.
Mr. Buffett, the world’s most successful (and richest) value investor, is sitting on almost $41-billion (U.S.) of cash at his Berkshire Hathaway holding company, the most in a year. Partly, that heap of greenbacks is a safety blanket. But it’s something more. As with most matters Buffett, the strategy is more complicated than it looks, Alice Schroeder says.
…
“He thinks of cash differently than conventional investors,” Ms. Schroeder says. “This is one of the most important things I learned from him: the optionality of cash. He thinks of cash as a call option with no expiration date, an option on every asset class, with no strike price.”
- A Few Good Reasons To Hoard Some Cash Now - By Jason Zweig
The stock market is near record highs. More money came into U.S. stock mutual funds the week of Oct. 23 than during any other week since 2007. Initial public offerings like Twitter are booming. So have you considered keeping more of your assets in cash?...
- Berkshire Hathaway, 3g Capital To Buy Heinz For $23 Bln Cash
Warren Buffett's Berkshire Hathaway Inc and 3G Capital will buy H.J. Heinz Co for $72.50 a share, or $23.2 billion in cash, Heinz said on Thursday. Including debt assumption, Heinz valued the deal at $28 billion, which it called the largest in food...
- Buffett's Latest Bargain: Berkshire Hathaway
For all the adulation he receives, Warren Buffett isn't getting credit where it arguably counts the most: his company's share price. Berkshire Hathaway's Class A shares trade around $128,000 a share. While that's a big number, it's...
- Warren Buffett: Merchant Banker Of Last Resort
Found via the Corner of Berkshire & Fairfax. In financial markets, judge operators by what they do not what they say or intend to do if stars are properly aligned. Reading the Berkshire Hathaway 10-Q reveals a somber point of view in terms of...
- Recent Transaction
Yesterday I sold another call option on some of my shares of HAL, my ESPP shares. I'm currently way overweight my employer's stock. I have just over 184 shares from the first purchase that went through that has already reached LTCG treatment...