News 

Berkshire trimmed its Apple stake, but it reportedly wasn’t Buffett’s idea

“By the end of 2017, Buffett’s conglomerate already owned 165.3 million Apple shares, and it bought another 75 million shares in the first quarter of 2018” writes Dhiraj Singh for cnbc.com. Berkshire Hathaway decreased its stake in Apple by nearly 3 million shares, to 249.5 million, in the fourth quarter, but Warren Buffett reportedly had nothing to do with the selling. Source: cnbc.com

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News Stocks 

The investor known as the ‘Warren Buffett of Boston’ rattles Davos crowd with this warning

“The IMF cut its global growth outlook to 3.5% for this year from 3.7%, citing trade tensions as a risk” writes Markets Reporter for marketwatch.com. He’s apparently not at Davos, but his downbeat annual investment letter warning of several big risks being ignored by investors, has been haunting those halls. Source: marketwatch.com

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Warren Buffett once gave a touching tribute to his friend Jack Bogle at Berkshire’s annual meeting

“Index fund investing has dramatically lowered the cost of investing for mom and pop investors and made a once-complex activity easy and quick” writes Liz Moyer for cnbc.com. The index fund has put “tens and tens of billions into their pockets.While Nobel-winning economist Paul Samuelson and value-investing pioneer Benjamin Graham had talked about the idea of an index fund, Bogle is the one who actually put the concept together at the fund company he founded in 1975, Vanguard Group. Source: cnbc.com

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Markets News Stocks 

Doing a Buffett? Bet on S&P 500 causes flap on options market

“Buffett’s Berkshire Hathaway sold billions of dollars in stock index options between 2004 and 2008, betting that markets would rise over the next 15 to 20 years” reports businessinsider.com. The trader sold 19,000 put options on the S&P 500 Index obligating him or her to buy the market benchmark at 2,100 on Dec. 18, 2020, data from New York-based options analytics firm Trade alert showed.Some market participants guessed the trader was likely hedging against another position rather than betting outright that stocks will rise.The market has been volatile in recent…

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Warren Buffett may be getting ready to pounce on more Apple shares

“That represented a decline of 1.2 million shares compared to the prior filing” writes Finanzen Net Gmbh for businessinsider.com. Buffett’s conglomerate owns 258.2 million shares of Apple, reflected in its most recent filing with the US Securities and Exchange Commission in September 2018.”From our standpoint we would love to see Apple go down in price,” Buffett said in May, at his annual shareholder meeting.Warren Buffett, the chairman and CEO of Berkshire Hathaway, said in May that he’d like to see Apple’s share price fall so he could step in and…

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Markets News Stocks 

There are only 2 things you need to do to survive when stock prices are falling, according to Warren Buffett

“Stocks may be teetering on the brink of a bear market, but now is not the time to panic” writes Tanza Loudenback for businessinsider.com. In other words, don’t fall victim to widespread panic and begin selling off stocks, because wealth-generating investments are long term.While the Dow and S&P 500 are both on track for the worst losses in a decade, as Business Insider’s Callum Burroughs reported, it’s important to remember the oft-repeated advice of Warren Buffett: “Be fearful when others are greedy and greedy only when others are fearful.”.  Source:…

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How a late night phone call from Warren Buffett in 2008 may have helped save the US economy

“WATCH: In-depth interview with Warren Buffett on the 2008 financial crisis” writes Yoni Blumberg for cnbc.com. In October 2008, in the midst of the financial crisis, Berkshire Hathaway CEO Warren Buffett made a late-night phone call to then-Treasury Secretary Henry “Hank” Paulson, with an idea about how the government might be able to turn the economy around.At the time, Congress had just passed the Emergency Economic Stabilization Act, or the “bailout bill” as it came to be known, and created a $700 billion Troubled Assets Relief Program to purchase assets…

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Crypto Markets News Stocks 

Weekend roundup: ‘Worthless’ bitcoin | ‘Tariff Man’ | Simple advice from Warren Buffett

“Check out our Personal Finance Daily or other newsletters, and get the latest news, personal finance and investing advice” writes Investing Columnist for marketwatch.com. Even more negative is when short-term rates are higher than long-term rates, known as an inverted yield curve.The value of bitcoin BTCUSD, -9.94%  has plummeted 74% this year, to $3,587.50 as of Thursday.A narrowing gap between short-term and long-term Treasury yields typically indicates a lack of confidence in the economy, at least among bond investors. Source: marketwatch.com

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Markets News 

Tony Robbins: The No. 1 lesson I learned from Warren Buffett, Ray Dalio and other top investors

“There’s a lot to learn from these business leaders, but Robbins says the most important takeaway might be that “none of them let the motion of the market control them,” he tells CNBC Make It” writes -tony Robbins for cnbc.com. This lesson is particularly relevant right now, given recent stock market volatility. Source: cnbc.com

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