I am with you on VTSAX and it has been a solid core holding for us for decades to good results that I can hardly believe when I look at them. Still, Mr. Buffet got my attention a couple of months ago when he revealed that his exceedingly simple plan for his wife’s trust is 90%...
The Nasdaq's calculation excludes outstanding common stock owned by officers, directors or beneficial owners. Muriel Siebert, chairwoman and CEO of Siebert Financial, currently owns 89.6% of the outstanding common stock of the Siebert Financial. Received Nasdaq Notice : Jan. 4 Management's ...
Jim, thank you for all you do. I’m a bit confused about how Vanguard benefits from raising overall portfolio costs given their structure (client/fund owned). Are you saying that by increasing AUM in a particular fund they then could lower the cost of that fund making it even lower cost...
The Buffetts were middle-class (at most upper-middle?) white people from Omaha. You know, 'fly-over country'. No prep schools or Ivy League for them (WEB himself transferred and graduated from UN-Lincoln, perhaps b/c he didn't fit in socially at Wharton). The parents were hardly in ...
The company, through its wholly owned subsidiary, Shadow Gaming, Inc., has aggressively entered the eSports market. The Company has placed on hold its plans to building sports complexes ranging from 80-acres to 300-acres that will include both outdoor and indoor athletic competitions. In ...
Selling a fund you’ve owned for a short time (usually between 60-90 days)The type of fund you buy determines the amount you pay in fees. You want to minimize costs by purchasing funds that carry no sales loads (front-end and back-end loads) or transaction fees. No-load funds are ...
Berkshire Hathaway owns DEO shares, though it is one of Buffett’s more modest positions. As of Sept. 30, Berkshire owned 227,500 shares of Diageo. Berkshire hasn’t yet invested nearly as much in Diageo as it did in Coca-Cola.
Founded in 1837 by Thierry Hermès, the company has a rich heritage spanning over 185 years. It remained a family-owned company throughout its history. The Hermès family owns about 65% of the share capital and is actively involved in its management. ...
Creative ways to make money.A simple stock investor has two ways to make money from stocks… appreciation in their value and dividends. I owned stock with dividends once. The $30 cheque once per year was incredibly rewarding. Because you have control over your property, and there are three...
Buffett didn’t bash Walmart when he sold — in fact, he had plenty of good things to say about the company. Berkshire’s wholly owned retail distributor subsidiary, McLane, has a key business relationship with Walmart. Berkshire bought McLane from Walmart decades ago and still has to negot...