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Search resuls for: "Guy Spier"


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Around these parts, the honchos at Berkshire do have one key thing in common with Murray: everyone who's met them seems to have a story. Just about everyone who had encountered one of the Berkshire luminaries shared some of the wisdom they imparted. Indeed, it's advice that Buffett echoed at the shareholder meeting on Saturday. In response to a question about advice everyone needs to hear, Buffett urged shareholders to think about the way they'd like their obituaries to read and to pursue life accordingly. An encounter with his friend, Berkshire board member Chris Davis, reminded him of a key piece of advice from Munger: surround yourself with images of your idols.
Persons: Bill Murray, Murray, Warren Buffett, Charlie Munger, who's, Guy Spier, Doerthe Obert, , It's, Buffett, William Greene, Michael O'Brien, Chris Davis, Charlie, Munger, Benjamin Franklin, Greene, Gillian Segal, Segal Organizations: Berkshire Hathaway, Drew Investment Research, Buffett Locations: Washington ,, Omaha, Nebraska, Berkshire, Zurich, Munger
But this week, China embarked on monetary easing as it pledged to reduce the amount of liquidity that its banks are required to hold as reserves. Earlier this week, Bloomberg News, citing sources, reported that China is considering a $278 billion package to rescue its stock markets. Andrew Lapping, chief investment officer at Ranmore Fund Management , says the sharp decline in China markets is an "opportunity." "So the stock market is certainly putting much higher equity risk premium ... there are also concerns about policy direction, policy clarity ... Renewable energy: China Longyuan Power Group, China Resources Power.
Persons: Brendan Ahern, CNBC's, Andrew, Winnie Wu, Guy Spier, CNBC's Tanvir Gill, , Wu, what's, Ahern, Amundi, It's, Morgan Stanley, Michael Bloom, Evelyn Cheng Organizations: Bloomberg, Investors, Ranmore Fund Management, BofA Securities, CCP, JPMorgan, EV, UBS, Baidu, China Communications, China Construction Bank, Ping An Insurance, China Longyuan Power Group, China Resources Power Locations: China, United States, Industrials
Join CNBC's Tanvir Gill as she quizzes North of South Capital's Kamil Dimmich on investing in global stocks such as chip giant TSMC , Chinese tech behemoth Alibaba and South Korea's Samsung Electronics . These stocks and more are held in Dimmich's fund, the $1.5 billion Pacific North of South Emerging Markets All Cap Equity fund. The Pacific North of South EM All Cap Equity fund aims to outperform its benchmark, the MSCI Emerging Markets Index, by between 3% to 5% annually. Kamil has been at North of South Capital since 2009 and has managed the Pacific North of South EM All Cap Equity fund since 2017. Join CNBC Pro Talks on Wednesday, September 20, at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m.
Persons: Tanvir Gill, Capital's Kamil Dimmich, Dimmich, Kamil, Berkshire Hathaway, Guy Spier, he's Organizations: Samsung Electronics, South Emerging, Equity, South Capital, CNBC, Nvidia, Big Tech, Apple Locations: U.S, South, North, Treasurys, Berkshire, A.I, China
They will discuss companies outside the U.S. showing growth prospects that are "far larger over time" than that of some mega-caps, historically. That includes being able to avoid chasing trends, not overpaying for quality companies, and much more. She will discuss the firm's $5 billion-plus Global High Quality Fund, which invests in global stocks with a "high quality bias." Join CNBC Pro Talks on Wednesday, August 23, at 12 p.m. BST / 7:00 p.m. SGT / 7:00 a.m. Here's where he's investing Related coverage from Pro: Here are 7 beaten-up global stocks that analysts expect will double Annuities, stocks or Treasurys?
Persons: Hannah Gooch, Peters, Gooch, Guy Spier, Buffett Organizations: Sanlam Investments, Quality Fund, Yum Brands, Nvidia, Bank of America Locations: U.S, Downside
Renowned value investor Guy Spier weighed in on CNBC's Pro Talks on whether it's better to put your money in an S & P 500 index fund , in U.S. Treasurys , or in shares of Berkshire Hathaway for the long run. Asked whether he would invest in the S & P 500 or Buffett's Berkshire Hathaway stock for the rest of his life, Spier said the question poses a false choice that investors don't need to make. Rather than picking one over the other, Spier suggests dividing the investment 50-50 between the S & P 500 and Berkshire, then rebalancing positions at the end of each year. A small risky bet may be acceptable for an investor, if it represents a tiny percent of their overall portfolio. That compares to the S & P 500 ′s 8.2%, the MSCI World 's 6.9%, and the FTSE 100 ′s 3.6%.
Persons: Guy Spier, Berkshire Hathaway, Spier, Warren Buffett Organizations: CNBC's, Berkshire, Buffett, Berkshire Hathaway Locations: U.S, Berkshire
Spier, who calls himself an "ardent disciple" of legendary investor Warren Buffett, manages the $350 million Aquamarine Fund. Spier closely follows Buffett's investing principles, and the Aquamarine Fund is inspired by the original 1950s Buffett Partnership era . The only chip stock Spier owns Spier has only one chip stock in his portfolio: Micron , one of the world's largest producers of memory chips. "In memory chips, it's going to be a stable profit pool, providing something very important for all computing, which is memory. And that profit pool will be shared by the existing players, which may still consolidate even farther," Spier said.
Persons: Guy Spier doesn't, Price, it's, Spier, Warren Buffett Organizations: Nvidia —, CNBC, Nvidia, Aquamarine, Buffett, Micron
Renowned value investor Guy Spier has said U.S. regional banks are a "potential minefield" in the current market environment. Moody's left the larger banks' ratings unchanged. Consolidation risks Spier explained that his view stems from the fact that the U.S. banking system remains highly fragmented, with around 12,000 banks nationwide. While not a "massive advantage," Spier believes larger money center banks like Bank of America have a slight edge in profitability over regional banks. Technology threat Aside from the risks highlighted by Moody's, Spier suggested that technology and innovation also pose major threats to regional banks.
Persons: Guy Spier, Spier, Warren Buffett, CNBC's, Moody's, he's Organizations: Bank of America, Spier . Technology, of America, Federal Reserve, U.S, JPMorgan, Citi, Asset Relief, CNBC Locations: Spier, U.S, Bank
Join CNBC's Tanvir Gill Wednesday as she quizzes renowned value investor Guy Spier on how to play the markets right now. Spier, who calls himself an "ardent disciple" of legendary investor Warren Buffett, manages the $350 million Aquamarine Fund. Spier closely follows Buffett's investing principles, and the Aquamarine Fund is inspired by the original 1950s Buffett Partnership era . That compares to the S & P 500 's 8.2%, the MSCI World 's 6.9%, and the FTSE 100 's 3.6%. Join CNBC Pro Talks on Wednesday, August 9, at 12 p.m. BST / 7 p.m. SGT / 7 a.m.
Persons: Tanvir Gill, Guy Spier, Spier, Warren Buffett Organizations: Aquamarine, Buffett, Bank of America, Micron Technology, Ferrari, Tech, Veteran, Dow Locations: U.S
Michael Burry told a Warren Buffett disciple exactly how to bet against the housing bubble in 2008. However, Mohnish Pabrai ignored the warning and advice from "The Big Short" investor. Burry invited the head of Pabrai Investment Funds to his office, and immediately launched into a detailed explanation of his iconic bet against the housing bubble, Pabrai recalled during a recent Mint interview. "He implored me to go long CDS on MBS," Pabrai said about Burry in a recent tweet. Burry repeatedly sounded the alarm on the housing bubble before it imploded, but virtually nobody listened.
Another popular choice among real estate investors specifically is "Rich Dad Poor Dad." It was Ramit Sethi's popular money book that taught them how to be more intentional when it came to spending. Real estate"Retire on Real Estate" by Kai AndersonAvery Heilbron, who achieved financial freedom before 30 partly thanks to his investment properties, says that "Retire on Real Estate" is what nudged him in the direction of buying property to build wealth. Courtesy of Avery HeilbronIf you want to build long-term wealth, "I think real estate is 100% the best thing," Heilbron said. "Rich Dad Poor Dad" by Robert KiyosakiThis classic by Robert Kiyosaki is a favorite among real estate investors and early retirees, including Mike Zuber, who was able to quit his day job in his 40s thanks to his lucrative real estate portfolio.
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