Warren Buffett’s 3 Most Profitable Pieces Of Advice (Forbes)
Warren Buffett has once again spoken with more sage advice for the masses. His annual letter to shareholders, which is as unadorned as a Nebraska cornfield, as usual, is a bounty for all investors. In this year’s Berkshire Hathaway letter, you don’t have to dig very deep to find the best nuggets. They are on pages 10 through 12.
It’s Dalio Versus Everyone Else as Money Flows to Europe Stocks (Bloomberg)
Billionaire Ray Dalio has $18.45 billion in bets against Europe’s biggest stocks. Most of the rest of the investing world is headed in the other direction. U.S. stocks lost $9.7 billion in investment so far this month while Eurozone shares have gained $3.2 billion, according to data compiled by Bloomberg. Peers of Dalio’s firm, Bridgewater Associates, are mostly wagering that Eurozone equities will rise. “I’m surprised. That’s a big bet. Dalio and his team are very confident,” said Rick Herman, managing director of asset allocation who helps oversee about $30 billion at BB&T Institutional Investment Advisors Inc. “That’s definitely out of consensus. European stocks are cheaper, and they also have stronger earnings growth.”
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Buffett Says ‘Terrible Mistake’ for Long-Term Investors to be in Bonds (Reuters)
NEW YORK (Reuters) – Billionaire Warren Buffett prodded ordinary investors on Saturday to stay invested in U.S. stocks, ignoring price swings, guidance from people with fancy credentials and the temptation to load up on bonds. Buffett said it is a “terrible mistake” for investors with long-term horizons – among them, pension funds, college and endowments and savings-minded individuals – to measure their investment “risk” by their portfolio’s ratio of bonds to stocks. The long-time bull on U.S. companies and the economy issued his latest letter to Berkshire Hathaway Inc shareholders on Saturday.
Hedge Funds Did Something Highly Unusual During the Market’s Recent Meltdown — and It’s a Great Sign for Stocks (Business Insider)
Moves in stocks that are the most popular with hedge funds have historically been an exaggerated version of the broader market, for better or worse. When the equity market falls, hedge fund favorites tend to take an outsized beating, and vice versa. Which is why the group’s performance was so surprising as the S&P 500 suffered a 10% correction earlier this month. Theoretically, it should’ve gotten smoked. But the Goldman Sachs Hedge Fund VIP index— which consists of the 50 stocks that matter most to 808 hedge funds with $2.1 trillion under management — actually outperformed the benchmark during the turbulent period, according to the firm.
Insider Buying: LendingClub Corp (LC) Director Acquires $191,500.00 in Stock (EquitiesFocus.com)
LendingClub Corp (NYSE:LC) Director John J. Mack purchased 50,000 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were bought at an average price of $3.83 per share, with a total value of $191,500.00. Following the purchase, the director now owns 1,563,673 shares in the company, valued at approximately $5,988,867.59. The transaction was disclosed in a legal filing with the SEC.
Insider Buying: Oaktree Strategic Income Co. (OCSI) Major Shareholder Purchases 47,400 Shares of Stock (LedgerGazette.com)
Oaktree Strategic Income Co. (NASDAQ:OCSI) major shareholder Oaktree Capital Management Lp acquired 47,400 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The stock was purchased at an average price of $7.72 per share, for a total transaction of $365,928.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.
Insider Buying: Inphi Co. (IPHI) CEO Acquires 25,000 Shares of Stock (RegistrarJournal.com)
Inphi Co. (NYSE:IPHI) CEO Ford Tamer purchased 25,000 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were purchased at an average cost of $25.54 per share, for a total transaction of $638,500.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission.
Insider Buying: Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) Insider Buys 15,000 Shares of Stock (StockNewsTimes.com)
Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) insider Jeffrey Eckel acquired 15,000 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The stock was acquired at an average price of $18.94 per share, with a total value of $284,100.00. Following the acquisition, the insider now directly owns 707,618 shares of the company’s stock, valued at approximately $13,402,284.92. The acquisition was disclosed in a document filed with the SEC.
Insider Buying: Fabrinet (FN) Director Acquires $283,300.00 in Stock (RegistrarJournal.com)
Fabrinet (NYSE:FN) Director Frank H. Levinson bought 10,000 shares of the stock in a transaction on Friday, February 23rd. The shares were acquired at an average cost of $28.33 per share, for a total transaction of $283,300.00. Following the purchase, the director now owns 72,361 shares in the company, valued at $2,049,987.13. The acquisition was disclosed in a legal filing with the SEC.
