Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Aquamarine Fund"


6 mentions found


Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. A shopping extravaganzaFor many shareholders, the annual meeting is less about buy-and-hold investing and more about, well, buying. Judith Lieber clutches were among the items on sale at Borsheim's in Omaha, Nebraska. The CHI Health Center before the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. Warren Buffett poses with Martin, the Geico gecko, ahead of the Berkshire Hathaway Annual Shareholder's Meeting in Omaha, Nebraska on May 3rd, 2024.
Persons: Warren Buffett, Berkshire Hathaway, Buffett, Charlie Munger, I've, I'd, Borsheim's, Judith Lieber, Ryan Ermey, Diane Cunningham Redden, , Clayton, Brooks, Sarah Min, who'd, She'd, they'd, James Eddins, Greg Abel, Carol Loomis, David A, Charlie, Guy Spier, Spier, Charlie Munger's, Doerthe Obert, Martin Organizations: Berkshire, Berkshire —, Oracle, CNBC, Nebraska Furniture Mart, IWC, CHI, Buffett, Squishmallows, Berkshire Hathaway, CHI Health, Apple, Harlem Globetrotters, Grogen, Aquamarine Fund, Grogan Locations: Omaha , Nebraska, Berkshire, England, Woodstock, Omaha, Geico, Nebraska, Borsheim's, China, Australia, Cincinnati , Ohio, Diane Cunningham Redden Cincinnati , Ohio, Columbus , Nebraska, Fairhope , Alabama, Zurich
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
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
Total: 6