Markets

Ray Dalio’s hedge fund poured about half a billion dollars into Walmart, Alibaba, and Coca Cola, and dumped large positions in China-focused ETFs in the 3rd-quarter

Investing legend Ray Dalio’s hedge fund poured millions into Alibaba, Walmart, and Coca Cola, and sold some positions in Chinese equity ETFs in the third quarter this year. The billionaire also invested heavily in McDonald’s, Abbott Labs, Procter & Gamble, and Johnson & Johnson. While the fund’s largest withdrawal was […]
Ray Dalio’s hedge fund poured about half a billion dollars into Walmart, Alibaba, and Coca Cola, and dumped large positions in China-focused ETFs in the 3rd-quarter
Markets

Warren Buffett’s Berkshire Hathaway moves in the 2nd quarter reflect ‘caution in the current environment,’ Morgan Stanley says

Warren Buffett’s Berkshire Hathaway equity portfolio value increased about 15% in the second quarter, according to a Monday note by Morgan Stanley. The company’s new position in Barrick Gold is “potentially signalling caution given the uncertain macro environment,” said analysts led by Michael Phillips. In addition, “the company has largely […]
Warren Buffett’s Berkshire Hathaway moves in the 2nd quarter reflect ‘caution in the current environment,’ Morgan Stanley says
Markets

Billionaire investor George Soros made a big bet on music streaming services, and it looks like it’s paying off

Billionaire George Soros’ firm made big bets on the music-streaming industry in the second quarter, according to regulatory filings. Soros Investment Management took stakes now worth $US178.7 in newly-public Spotify and Pandora, the documents showed. Billionaire investor George Soros bet big on music-streaming platforms in the second quarter. His fund, […]
Billionaire investor George Soros made a big bet on music streaming services, and it looks like it’s paying off