Markets

BUFFEROO: The Australian stocks that Warren Buffett might pick

To kick off the new financial year, Credit Suisse has released its annual “Bufferoo” portfolio of Australian stocks. Once a year, research analysts Hasan Tevfik and Peter Liu select a basket of stocks from the ASX100 that they think would look attractive to investing legend Warren Buffett. Here’s the list […]
BUFFEROO: The Australian stocks that Warren Buffett might pick
US

Henry Blodget on how to avoid getting “Amazoned”

Warren Buffett invested $US377 million in the REIT Store Capital which caused the stock to rise 11% on the news. This REIT has a portfolio of leases that are primarily held by services companies that require human interaction. These types of businesses are generally pretty Amazon-proof which makes it an […]
Henry Blodget on how to avoid getting “Amazoned”
News

Warren Buffett has confirmed the death of retail as we know it

Warren Buffett says that in 10 years the retail industry will look nothing like it does now. “The department store is online now,” the billionaire investor said Saturday at Berkshire Hathaway‘s annual meeting in Omaha, Nebraska, as reported by Business Insider’s Bob Bryan. “I have no illusion that 10 years […]
Warren Buffett has confirmed the death of retail as we know it
News

10 things you need to know this morning in Australia

Good morning. 1. Well, that was quite an Oscars. The world reeled as “La La Land” producer Jordan Horowitz had to fess up and tell everyone “Moonlight” actually won. There are loads of conspiracy theories about how it happened, including one noting that Leo DiCaprio never gave Emma Stone her […]
10 things you need to know this morning in Australia
Markets

3 lessons for Australian investors from Warren Buffett’s annual letter

Warren Buffett’s Berkshire Hathaway is out with its annual letter to shareholders. And Buffett raises issues directly relevant to the Australian half-year reporting season, which is now largely complete. Hasan S Tevfik, the Australia equity strategist at Credit Suisse in Australia, has put together three lessons for local investors from […]
3 lessons for Australian investors from Warren Buffett’s annual letter
Markets

Warren Buffett predicted the fall of Eddie Lampert and Sears over a decade ago

Sears will ask a bankruptcy judge to pursue liquidation, which would mark the end of the iconic retailer’s downward spiral. The retailer also rejected a takeover offer from former Sears CEO Eddie Lampert, once called the “next Warren Buffett.” Buffett predicted the retailer’s and Lampert’s downfall in 2005. “Turning around […]
Warren Buffett predicted the fall of Eddie Lampert and Sears over a decade ago