To The Moon

DNY59/E+ via Getty ImagesIntroductionThe CGX Energy Inc. (OTCPK:CGXEF) saga is a couple of years old now. This will be the third time we've covered it. The company is interesting becauseof the concessions they have in Guyana for offshore drilling and the development of a deep water port at the mouth of the Berbice river. CGX price chart(Seeking Alpha)In this article, we will catch up with CGX and document the progress of the past year. We will also acknowledge the importance of the company's largest shareholder and banker, Fronterra Energy, (OTCPK:FECCF), the deep pockets of which, make all of this possible. The two companies fortunes are inextricably related, although it should be noted that Fronterra has a real business in other sectors of Latin America. This was discussed extensive

DIS is still a screaming short. The DIS+ numbers will continue to dwindle. They can't gouge their theme park customers any more. Management is milking this company for big salaries and bonuses, all while producing "woke" media content that nobody watches, and many people are actively repelled by.$Walt Disney(DIS)$

The starting price for Tesla's Model 3 in China was cut to ¥229,900 ($33,427) from the highest point

Advanced Info Service (AIS), Singtel's Thai associate, has announced several updates to the acquisition of Triple T Broadband (TTT) and Jasmine Broadband Internet Infrastructure Fund (JASIF). On July 4, AIS announced it would acquire approximately 7.53 billion shares representing 99.87% of total paid-up shares of TTT from Jasmine International (JAS) subsidiary Acumen Company via AIS’ 99.99%-held subsidiary Advanced Wireless Network (AWN) for a consideration of THB19.5 billion ($725 million). It also announced its acquisition of a 19% stake equivalent to 1.52 billion units of JASIF for THB12.92 billion, valued at 8.50 baht per unit. In a general announcement dated Oct 19, AIS received notice of the approval of JAS’ sale of its investment units in the fund and its shares in TTT to AWN, follo

After the equity market soared with little explanation, reversal this Friday with only a little more reason...or panic... Yet the day seemed set to continue rising towards key levels...3700 on $S&P 500(.SPX)$ The market seemed to want to follow the optimism of the rather decent early earnings reports from the biggest US banks. $JPMorgan Chase(JPM)$ and $Citigroup(C)$ released better than expected results... Optimism soon faded, after the University of Michigan released its latest consumer sentiment report...showing that one-year inflation expectations rose slightly to 5.1%... The Federal Reserve

Berkshire Hathaway is on pace to collect $6.07 billion in dividend income over the next 12 months. Just five holdings will account for 71% of total payouts.Berkshire Hathaway(BRK.A0.70%)(BRK.B0.86%)CEO Warren Buffett has a knack for making himself and his shareholders richer. Since taking over the role as CEO in 1965, he's led Berkshire Hathaway's Class A shares (BRK.A) to an aggregate return of 3,641,613% as of the end of 2021. For those of you keeping score at home, this works out to an average annual return of 20.1% over 57 years. That's nearly double the average annual total return, including dividends paid, of 10.5% for theS&P 500over the same stretch.While there'sa laundry list of reasonsfor Buffett's consistent outperformance, such as his love of cyclical stocks and willingness

This week, central bankers will meet in Jackson Hole, Wyoming. From 25 to 27 August, the Federal Reserve of Kansas will hold a meeting. The agenda will be announced the evening before (on the 24th). This meeting is held every year and foreign central bankers also visit. The event is often used as a platform to communicate important policy changes.Powell is likely to give a speech on the morning of 26 August. The timing of the symposium is again impeccable, as investors are looking for clues as to how aggressively the US central bank will continue to raise interest rates. It has not happened before at this conference that inflation has been so high. The latest US inflation figure may have shown a decline, but at 8.5 per cent it is still extremely high. Moreover, Powell reacted to this figur