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05-06 19:19

🎁Warren Buffett's Successor: Greg Abel - The Insider Story 🚀

After years of speculation, Warren Buffett has named Greg Abel as his successor at Berkshire Hathaway $Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$ .Warren Buffett's successor Greg Abel is wooing shareholdersLet's dive into Abel's background and achievements, and ponder over some interactive questions:Overseeing Non-Insurance Operations 🏦Abel, as Vice Chairman in charge of all non-insurance operations, has shown resilience in sectors like energy and manufacturing. What do you think are the key skills needed for managing such a diverse portfolio?Ordinary Education, Extraordinary Talent 🎓Despite a modest educational background, Abel has an outstanding professional track record. How important do
🎁Warren Buffett's Successor: Greg Abel - The Insider Story 🚀

🎁"Oracle's Gambit: Buffett's Strategic Japan Investments"

Watch the 2024 Berkshire Hathaway annual shareholders meeting on Saturday, May 4?Every May, the Berkshire shareholders meeting has become a feast for global value investment pilgrimage.The company's performance returns, Warren Buffett and Charlie Munger's letters to shareholders, and valuable sharing on the spot are studied by the investment community around the world.Although Berkshire's investment results have not yet been released, I believe it must be a good result, because Buffett's investment in Japan has also been quite successful in the past two years.This article will take you to a brief review of how Buffett's company has won step by step to increase its position in Japan and win investment victory.Japanese Stock Market Bull Run 2024 📈The Japanese stock market has entered a signi
🎁"Oracle's Gambit: Buffett's Strategic Japan Investments"

Uncover Lawrence Wong's remarkable journey from humble beginnings to Prime Minister 📈

🤔 1.Who is Lawrence Wong?👋 The name Lawrence Wong has been echoing louder and louder 📢 in the political landscape of Singapore.After the declaration of Lee Hsien Loong's resignation, who is the eldest son of the legendary Lee Kuan Yew, Lawrence Wong has been put forward as the recommended candidate for the next Prime Minister of Singapore.This development has placed his background and experiences under the spotlight 💡, capturing the interest and curiosity of the public. 🌟PM Lee & Lawrence Wong Photo 🌟🧲 What charm does this designated candidate for the next leadership of Singapore possess, that has led Lee Hsien Loong to endorse him repeatedly?🤝🔄 What does Lawrence Wong's inclusion represent for Singapore and for China-Singapore economic relations?👨🎓📚 Perhaps, we can start to understand
Uncover Lawrence Wong's remarkable journey from humble beginnings to Prime Minister 📈

Mark Zuckerberg now richer than Elon Musk for first time since 2020

Meta CEO Mark Zuckerberg is now the third richest person in the world.Zuckerberg's wealth has outpaced Tesla CEO Elon Musk for the first time since 2020.Musk's wealth has tanked as Tesla shares have slumped more than 34% since the start of the year.Just in early March, Musk was still ranked first on the Bloomberg Billionaires Index.Musk’s wealth has shrunk by $48.4 billion this year, while Zuckerberg has added $58.9 billion to his fortune as $Meta Platforms, Inc.(META)$ Inc. climbs to fresh highs, including a new record on Friday.   $Tesla Motors(TSLA)$ shares have fallen 34% this year, making it the worst performer in the $S&P 500(.SPX)$. It’s been
Mark Zuckerberg now richer than Elon Musk for first time since 2020

Musk, Trump, Money: Love-Hate Dynamics?

What will happen if president needs money?Seek to cozy up to billionaires!Trump team has only half the cash of the Biden team?Trump and his team are actively seeking more major donors to bolster their financial strength in the upcoming election against President Biden.According to information disclosed by both the Trump and Biden campaign teams, as of February, Trump's team had about $30 million in cash on hand, while Biden's campaign had about $56 million in cash as of the end of January. Will billionaire Elon Musk help Trump turn the tide?Former President Donald Trump met with one of the world's richest individuals, Elon Musk, and several other wealthy Republican donors in Florida to raise campaign funds.According to Forbes, Musk's net worth is around $200 billion. If Musk
Musk, Trump, Money: Love-Hate Dynamics?

"Super Tuesday" Q&As: All About Presidential Nominating Contests

The US presidential election is scheduled for November 5, 2024, and March 5 is the crucial primary election day known as "Super Tuesday," when 15 states and one overseas territory will hold Republican primary elections.Donald Trump is once again running for President of the United States. The series of votes on "Super Tuesday" will determine whether Trump can defeat his opponent Nikki Haley to become the Republican presidential nominee and challenge the incumbent President Joe Biden, who is seeking reelection.What is "Super Tuesday"?• "Super Tuesday" is the busiest day of the US presidential primary elections, with 15 states and 1 US territory holding primaries for both parties simultaneously. Alaska only holds Republican primaries, while American Samoa only holds Democratic primaries.• Tr
"Super Tuesday" Q&As: All About Presidential Nominating Contests

Unlocking the AI Surge: SMCI's Path to Wealth with NVDA

In the AI deity-making frenzy, $NVIDIA Corp(NVDA)$ strides confidently towards the altar. Weekly chatHowever, it took nearly 15 months after ChatGPT's debut for people to realize NVIDIA's core ally: $SUPER MICRO COMPUTER INC(SMCI)$ Over the past year, $SUPER MICRO COMPUTER INC(SMCI)$ 's stock surged by 980%, easily outpacing the "Big Seven" tech stocks in the US market, while $NVIDIA Corp(NVDA)$ , $Meta Platforms, Inc.(META)$ , $Advanced Micro Devices(AMD)$ , and $Microsoft(MSFT)$ saw gains of 2
Unlocking the AI Surge: SMCI's Path to Wealth with NVDA

Bulls and Bears on Wall Street: A Chronological Odyssey of Market Swings

Witness history! $S&P 500(.SPX)$ hits record high, U.S. stock market officially enters bull market on last Friday.In the vivid tapestry of the stock market, the terms "bull market" and "bear market" trace their roots to a fascinating origin. Picture a vibrant Wall Street where market trends emulate the behaviors of two powerful animals: the bullish charge and the bearish retreat.A look at bear and bull markets through historyThe Bull Market: An 18th Century AscentIn the 18th century, traders discerned a correlation between rising markets and increased profits, birthing the term "bull market." Bulls, with their upward-thrusting horns, became the symbol of the ascending surge in stock prices.Fast forward to the roaring twenties—a golden era for
Bulls and Bears on Wall Street: A Chronological Odyssey of Market Swings

🎁$SPX Performances Under Democrats vs Republicans

On January 15, 2024, the US presidential election kicked off, and Donald Trump took the lead in winning the Iowa primary.Who's running to be the next US president? What important points that US equity investors should consider in election years? 1. $S&P 500(.SPX)$ performances under Democrats vs RepublicansFrom 2021 to 2024, during the Biden’s Democratic administration, as of January 15, $S&P 500(.SPX)$ had a 3-year growth of 26.7%. Chatgpt helped me calculate that the average annual growth rate is approximately 8.7%.This is lower than the average annual growth rate of 11.3% under Obama and the Democratic administration (2009-2017). It is also lower than Trump’s 13.6% during the Republican adminis
🎁$SPX Performances Under Democrats vs Republicans
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2023-12-06

India Market Tops $4 Trln Market Cap! How Does That Happen?

On Dec. 6th, the market cap of the India stock market surpassed $4 trillion, ranking only behind the United States, China, and Japan. The NSE Nifty 50 index, a major benchmark in India, hit a new high with a surge of over 13% this year and is poised to achieve its 8 straight year gains.Why is the performance of India’s stock market so impressive?Strong economic growthThe stellar performance in the India stock market closely follow India's economic growth, truly becoming an indicator of economic conditions.India's economic activity remained robust this year, standing out amidst a global economic slowdown.Faster GDP growth than USAnalysts attribute the rapid economic growth partly to the continuous improvement in India's per capita GDP. In 2022, India's per capita GDP reached $2388.6, a 27.7
India Market Tops $4 Trln Market Cap! How Does That Happen?
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2023-10-12

Charles Feeney, Who Made a Fortune and Then Gave It Away, Dies at 92

After piling up billions in business, he pledged to donate almost all of his money to causes before he died. He succeeded, and then lived a more modest life.Charles F. Feeney, a pioneer of duty-free shops and a shrewd investor in technology start-ups who gave away nearly all of his $8 billion fortune to charity, much of it as quietly as he had made it, died on Monday in San Francisco. He was 92.His death was announced by the Atlantic Philanthropies, a group of foundations he had started and funded since the early 1980s. He lived in a modest rented apartment in San Francisco.In December 2016, with his donation of $7 million to his alma mater, Cornell University, for student community-service work, Mr. Feeney officially emptied the Atlantic Philanthropies’ accounts. It also fulfilled his ple
Charles Feeney, Who Made a Fortune and Then Gave It Away, Dies at 92
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2023-10-10

Is Wall Street controlled by Jews? Check the wealthy Jewish families and their industries

Information about the Israeli-Palestinian conflict has dominated the headlines, expanding to include religious conflict, economic and cultural conflict, and even changes in the geopolitical relationship between Israel and Palestine.Aside from the identity of the Holy Land of Faith, Israel has many labels, such as the second largest technology "Silicon Valley" in the world --- the number of companies listed on the $NASDAQ(.IXIC)$ is the highest in all of Europe combined, after the United States.There are more than 6,000 technology startups in Israel, more than the Silicon Valley of the United States, which ranks first in the world.At the end of 2022, Israel's total population was 9,656,000, of which Jewish accounted for 73.6%, Arab 21.1%, and othe
Is Wall Street controlled by Jews? Check the wealthy Jewish families and their industries
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2023-07-18

Singapore Transport Minister Implicated in Corruption Case, Any Comment?

Singapore was rocked by news that a cabinet minister and a property tycoon were arrested in one of the most serious graft cases in nearly four decades.Allegations of corruption and other misconduct by senior ruling party officials are rare in Singapore. Do you have any comments on this investigation?Speculation about the investigation rippled through social media, and the local officials rushed to reiterate their zero-tolerance stance on graft and assure citizens they would conduct a thorough investigation. www.cpib.gov.sgSingapore Prime Minister Lee Hsien Loong said on the Facebook on 12th that he had instructed Transport Minister S. Iswaran to take leave of absence until the investigation is completed.Facebook of Lee Hsein LoongBrief introduction of S.Iwaran: Born in 1962, Indian ethnici
Singapore Transport Minister Implicated in Corruption Case, Any Comment?
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2023-07-12

Net Worth of Top 10 US Billionaires: Zuckerberg's Asset Increased 135%

The US stock market has been hot this year, with a surge of over 15% in the first half of 2023. Both retail and institutional investors have made money, including many of the world's wealthiest billionaires. In 2022, the market experienced a decline of about 20%, leading to a significant decrease in the wealth of many US billionaires who held substantial amounts of company stocks. However, they have not only recovered their losses but also seen a substantial increase in their net worth.According to Bloomberg's Billionaires Index as of July 5th, the net worth and year-to-date changes for the top ten billionaires are as follows:Among the ten investors listed above, nine of them, excluding Arnault, reside in the United States. The world's richest person, Elon Musk, has a net worth of $248 bil
Net Worth of Top 10 US Billionaires: Zuckerberg's Asset Increased 135%
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2023-06-20

SPCE Jumps 17% On Possible Commercial Flight! A New Chapter Coming?

$Virgin Galactic(SPCE)$ the space tourism company founded by British billionaire Richard Branson, has announced that it will conduct its first commercial manned space flight mission as early as June 27. $Virgin Galactic(SPCE)$ jumped 16.5% on the news. $Virgin Galactic(SPCE)$ will start its first commercial flightThis flight, named "Galactic 01," will carry researchers from the Italian Air Force and the Italy National Research Council into space. With this milestone, Virgin Galactic will enter the commercial operational phase. Several hundred space tourists have already purchased tickets for the entire 90-minute journey, which costs approximately $450,000.Virgin
SPCE Jumps 17% On Possible Commercial Flight! A New Chapter Coming?
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2023-06-14

Manchester United Up 30% On Rumored Takeover Bid By Sheikh Jassim

Shares of Manchester United surged up to 30% in premarket trading on the acquisition news. The stock closed up 13.76% at $22.9. Sale rumor from Twitter drove $Manchester United PLC(MANU)$ shares upAccording to Qatar's Al-Watan newspaper, Sheikh Jassim, the son of the country's former prime minister, is expected to be announced as the preferred bidder for the club. The reports seem to have originated from a Twitter account in Wales with a small number of followers.The Athletic, a sports media outlet owned by The New York Times, reported that Qatari media picked up on the rumor from the Welsh Twitter account.A spokesperson for Manchester United declined to comment on the matter. Manchester United's stock has risen approximately 74% in the past year.
Manchester United Up 30% On Rumored Takeover Bid By Sheikh Jassim
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2023-06-06

US sues Binance and founder Zhao: Keyponts and 21 Penaties

SEC Files 13 Charges Against Binance Entities and Founder Changpeng Zhao $Coinbase Global, Inc.(COIN)$ $VanEck Bitcoin Strategy ETF(XBTF)$ $ProShares Short Bitcoin Strategy ETF(BITI)$ $ProShares Bitcoin Strategy ETF(BITO)$Charges include operating unregistered exchanges, broker-dealers, and clearing agencies; misrepresenting trading controls and oversight on the Binance.US platform; and the unregistered offer and sale of securities.After news, Bitcoin fell by more than $1,500 in the short term, falling below the $26,000 mark, a drop of more than 5%. Binance Coin also refreshed its daily low.Full link of the SEC Complaint:1. Defendan
US sues Binance and founder Zhao: Keyponts and 21 Penaties
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2023-05-30

Berkshire Continues to Add OXY: Why is Buffett so Bullish on this Female CEO?

The latest regulatory filings reveal that from May 16th to May 18th, Berkshire Hathaway purchased an additional 3.46 million shares of Occidental Petroleum at prices ranging from $58.11 to $58.66 per share, amounting to a total investment of approximately $201 million.In fact, Berkshire Hathaway has been gradually increasing its holdings of Occidental Petroleum since early 2022. During a recent Berkshire Hathaway shareholders' meeting, Buffett stated, "We really like the resources, industry position, and technical capabilities of Occidental Petroleum in the Permian Basin. They have a lot of excellent oil wells and have done a lot of beneficial things. It's a completely different kind of oil business." Buffett's optimism about the resources in the Permian Basin stems from the company's acqu
Berkshire Continues to Add OXY: Why is Buffett so Bullish on this Female CEO?
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2023-04-06

Robbery or Attempted Murder: Blcok's Former CTO Dies in Street Attack

Bob Lee, former Chief Technology Officer of $Block(SQ)$ and current Chief Product Officer of MobileCoin was stabbed in downtown San Francisco around 2:35 a.m. on April 4 and later died of his injuries. After the news, people in the Silicon Valley tech community also expressed their shock and sorrow at his misfortune.1. Bob Lee - A Silicon Valley Tech maverick & An Insightful InvestorBob Lee worked at $Alphabet(GOOG)$ from 2004-2010, where he was involved in building Google's Android system. In 2010, he joined $Block(SQ)$, a financial tech company founded by Twitter founder Jack Dorsey, as Block's first Chief Technology Officer. He not only led the technology stru
Robbery or Attempted Murder: Blcok's Former CTO Dies in Street Attack
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2023-03-29

Shouzi Chew - From Investor to TikTok CEO

Late on March 23rd, TikTok CEO Shouzi Chew was subjected to tough questioning by U.S. politicians at a hearing held by the U.S. House of Representatives Energy and Commerce Committee.After the hearing, which lasted more than five hours, Chew released an internal letter within TikTok describing the hearing. In the letter, he described the hearing as "challenging" and "did not leave much room for factual clarification.” The hearing was not only observed in the technology circle, but Chew's calmness and poise made the hearing attract the attention of more netizens. Before heading into this career test, Chew has already gone through several rounds of tests concerning his personal fate.I. From investor to manager"My name is Shouzi Chew and I was born in Singapore. I ser
Shouzi Chew - From Investor to TikTok CEO

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