To The Moon

Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies. Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. Warren Buffett’s career has been a testament to that the fact that, over the long-term, value investing can produce major gains. From the start of 1965 through the end of 2021, the per-share market value of Berkshire Hathaway had an average compound annual gain of 20.1%, according to the firm’s annual letter. That is nearly double the S&P 500′s 10.5%, including dividends. While Buffett has built a big lead over many decades, he has had cont

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The year 2021 should be labeled as the one that confounded even the most experienced of investors. T

BERLIN, Dec 22 - Tesla and relevant authorities have submitted all the documents necessary for the approval process for its planned factory near Berlin, the environment ministry of the German state of Brandenburg said on Wednesday.The approval process is still ongoing, the ministry said.Tesla could not be immediately reached for comment.Due to environmental resistance and red tape, it remained unclear when the first vehicles will roll off the production line at the site. Brandenburg premier Die

BERLIN, Dec 22 - Tesla and relevant authorities have submitted all the documents necessary for the approval process for its planned factory near Berlin, the environment ministry of the German state of Brandenburg said on Wednesday.The approval process is still ongoing, the ministry said.Tesla could not be immediately reached for comment.Due to environmental resistance and red tape, it remained unclear when the first vehicles will roll off the production line at the site. Brandenburg premier Die

U.S. stock index futures surged on Tuesday, following a steep selloff in the previous session, as st