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Warren Buffett Cuts Stakes In Apple, Airlines But Buys More GM, Bank Stocks (IBD)

February 15, 2019 12:34 pm

by markyu007   Berskhire Hathaway (BRKB), led by investor Warren Buffett, cut its stake in Apple(AAPL), Wells Fargo (WFC) and a couple of airlines in the fourth quarter. It upped its stake in General Motors (GM) and a slew of banks. 00:0705:44 That comes via the …

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Startup Boom a “Dangerous, High-Stakes Ponzi Scheme”: Silicon Valley Investor

November 7, 2018 3:55 pm

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Startups spend almost 40 cents of every VC dollar on Google, Facebook, and Amazon.” Chamath Palihapitiya, CEO of Palo Alto-based Social Capital – a “technology holding company” – and an early Facebook executive responsible for increasing its userbase …

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Currency War on Turkey, Dollar Flight and Massive Stakes

August 28, 2018 4:54 pm

The transatlantic financial elite are nearly throwing the kitchen sink at Turkey, as far as currency & economic war is concerned. Since the Coup of 2016 didn’t work in making Ankara heel before Atlanticist imperial desires, the money vice is …

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