A host of liberal websites and personalities gleefully shared a Yahoo story Tuesday purporting Florida undercounted its coronavirus deaths by thousands, but the story quoted more experts undercutting its premise than supporting it. The piece by left-wing reporter Alexander Nazaryan, headlined “Florida COVID numbers face new scrutiny,” leads with “new research” that the state isn’t accurately reporting its death count, but critics of the article said it was the result of amateur data… Source link
Read More »The truth about Warren Buffett’s investment track record : Morning Brief
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 1, 2021 Warren Buffett has had years of underperformance and a lot of bad stock picks Warren Buffett, the billionaire head of Berkshire Hathaway (BRK-A, BRK-B), will probably go down as the greatest investor in history. For more than half a century, he’s been responsible for the performance of Berkshire and its legendary stock portfolio, which have long track records of… Source link
Read More »The counterintuitive truth about stock market valuations: Morning Brief
Monday, November 23, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Market valuations aren’t mean reverting Stock market valuations can make investors nervous when elevated above long-term averages. And valuations are very much elevated right now. “The forward 12-month [price/earnings] ratio for the S&P 500 is 21.7,” Factset’s John Butters observed on Friday. “This P/E ratio is above the 5-year average (17.4) and above the 10-year… Source link
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