Tag Archives: Investor

Bloomberg Buffett’s Letter to Break Months of Silence Amid Tumult in U.S. (Bloomberg) — While 2020 raged, Warren Buffett mostly held his tongue.He stayed quiet through a heated presidential election, a racial reckoning that sparked nationwide protests and an exuberance for stocks that’s gripped millions of Americans. Not to mention a global pandemic. Now, the billionaire chief executive officer of Berkshire Hathaway Inc. has a chance to break his silence with the release of his annual… Source link

By Kane Wu HONG KONG (Reuters) – Chinese private equity firm Boyu Capital, an investor in Chinese technology titans including billionaire Jack Ma’s Ant Group, is raising a new, China-focused fund targeting as much as $6 billion, three people with knowledge of the matter said. Its fifth and largest U.S. dollar-denominated fund is likely to close in the near term, said one of the people, who declined to be identified as the information is confidential. Boyu did not immediately respond to a… Source link

TipRanks Oppenheimer: These 3 Stocks Could Spike Over 80% Wall Street’s best firms don’t just look at the stocks, they look at the big picture, too. And Oppenheimer’s chief investment strategist, John Stoltzfus, is particularly adept at showing us the macro view. In his first note of the new year, Stoltzfus notes a series of factors that are going to impact the markets. The big news, of course, the 800-pound gorilla that cannot be ignored, is the ongoing COVID epidemic. The disease is… Source link

MOSCOW, Dec 8 (Reuters) – Russia’s central bank is looking for an investor in bailed-out Otkritie bank, but has drawn a blank with an approach to internet giant Yandex, two sources close to the matter told Reuters. Otkritie, once Russia’s biggest private bank, was bailed out by the central bank in 2017 along with two other private banking groups. All three were struggling with mounting bad assets and a lack of capital. The central bank plans to sell Otkritie, in full or in parts, either… Source link

MOSCOW, Dec 8 (Reuters) – Russia’s central bank is looking for an investor in bailed-out Otkritie bank, but has drawn a blank with an approach to internet giant Yandex, two sources close to the matter told Reuters. Otkritie, once Russia’s biggest private bank, was bailed out by the central bank in 2017 along with two other private banking groups. All three were struggling with mounting bad assets and a lack of capital. The central bank plans to sell Otkritie, in full or in parts, either… Source link

Google Deepmind head Demis Hassabis speaks during a press conference ahead of the Google DeepMind Challenge Match in Seoul on March 8, 2016. Jung Yeon-Je | AFP |Getty Images | Getty Images LONDON — One of DeepMind’s first investors believes the artificial intelligence company wouldn’t be around today if it hadn’t been acquired by Google. Founding investor Humayun Sheikh, who held 43,750 of DeepMind’s 3,386,754 shares in 2011, told CNBC that the London AI lab would have “probably failed” if… Source link

Influential investor Raoul Pal says the best trade he’s ever found is bitcoin (BTC-USD), which he’s described as “a call option on the future” and “the world’s most pristine reserve asset.” In a recent interview on Yahoo Finance, Pal said that the central banks move toward digital currencies is “literally the biggest story” in his career. Investors like Pal don’t want to compete against central banks, but aim to create “a digital world,” Pal said, underscoring that despite big… Source link