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☆ A short seller with a more-than-90% win ratio shares the only 4 investments he buys and holds long term
▼ + stars: | 2024-06-01 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

It's a more aggressive approach than many investors employ, because being a short seller is infinitely more risky than buying shares. But when you short, the potential loss is unlimited because there's no guarantee a stock's price will fall; it could instead rally to extreme highs. These variables include low institutional ownership, low cash reserves, and market caps smaller than $250 million, among other characteristics that could signal a vulnerable stock. Uber (UBER) is another stock he really likes, although he allocates less toward it because it's a newer company. But everywhere I go, there's Uber.

Persons: David Capablanca, Capablanca, there's Uber Organizations: Service, Business, Trust, Nasdaq, Capablanca, Apple Locations: Argentina, Galapagos, Columbia, Italy, India

☆ Value investor Bill Nygren thinks financials are cheap. These are his top holdings
▼ + stars: | 2024-05-20 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Don't overlook the the financial sector as the stock market trends higher, according to Oakmark Funds portfolio manager and noted value investor BIll Nygren. The Dow Jones Industrial Average closed above 40,000 for the first time on Friday, while both the Nasdaq Composite and S & P 500 entered Monday after four-week-long rallies. Despite the financial sector outperforming the broader market, banking and consumer finance stocks are cheaper compared to all S & P 500 companies, according to Nygren. The Financial Select Sector SPDR Fund (XLF) , which tracks the S & P 500 financials index, has returned 12.6% in 2024, including reinvested dividends, while the S & P 500 has returned less than 11.8%. His portfolio's top holdings include some of the country's largest banks, such as Citigroup and Wells Fargo , as well as regional banks like First Citizens .

Persons: BIll Nygren, Nygren, CNBC's Organizations: Dow Jones, Nasdaq, Citigroup Locations: Wells Fargo

☆ Activist Boaz Weinstein says BlackRock funds are 'crushing shareholder rights'
▼ + stars: | 2024-05-17 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Boaz Weinstein, the hedge fund investor on the winning side of JPMorgan Chase's $6.2 billion, "London Whale" trading loss in 2011, is now taking on index fund giant BlackRock . The hedge fund wants board control at three BlackRock funds and a minority slate at seven others. BlackRock, Saba says in the deck, "considers itself a leader in governance, but is crushing shareholder rights." At certain BlackRock funds, for example, if an investor doesn't submit their vote in a shareholder meeting, their shares will automatically go to support BlackRock. The index fund manager's rebuttal, "Defend Your Fund," describes Saba as an activist hedge fund seeking to "enrich itself."

Persons: Boaz Weinstein, Saba, Weinstein, doesn't Organizations: Saba Capital Management, Bloomberg, JPMorgan Chase's, Weinstein's, CNBC, BlackRock, affirmatively Locations: New York, BlackRock, Weinstein's Saba, Saba

Investing can be intimidating, but financial planners recommend index funds to make things easier. Index funds are generally low-cost, but make sure you understand what fees are involved. Instead, experts have a suggestion to reduce the overwhelm for new and experienced investors alike: total stock market index funds, which give you exposure to the stock market more broadly. AdvertisementWhen you're picking your total market index fund, keep in mind that many of the funds are tracking the same indexes. Susan Dziubinski, an investment specialist at investment research firm Morningstar, identified total market funds as one of the five best ways to invest money.

Persons: Bryan Hasling, Hasling, there's, Charles Schwab, Susan Dziubinski, Morningstar, Dziubinski, doesn't Organizations: Apple, Financial, Fidelity Investments, Wall Street Locations: U.S

☆ These 3 ETFs have risen by double-digits every year for the past 5 years
▼ + stars: | 2024-05-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Two U.S.-listed ETFs — the SPDR S & P Metals & Mining ETF and VanEck Steel ETF — and the Japan-listed NEXT NOTES Japan Equity High Beta Select 30 ETF have each risen more than 10% every year since 2019. SPDR S & P Metals & Mining ETF The SPDR S & P Metals & Mining ETF (ticker: XME) gives investors broad exposure to the metals and mining segment. The VanEck fund has outperformed the S & P 500 in four of the past five years. NEXT NOTES Japan Equity High Beta Select 30 The NEXT NOTES Japan Equity High Beta Select 30 ETF (ticker: 2068.T-JP) is a smart beta ETF. High beta stocks react with more volatility than the rest of the market.

Persons: SPDR, It's Organizations: CNBC, P Metals, Mining, VanEck Steel, —, Japan, CNBC Pro, Mining ETF, VanEck, NEXT, Nomura Japan Equity Locations: U.S, Japan

☆ JPMorgan says this simple 2-step, long-term investing approach allows you to maximize returns and achieve your financial goals while minimizing portfolio management headaches and costs
▼ + stars: | 2024-05-10 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

For most investors, holding just one passive global stock market fund and one passive global bond market fund over the long term is the best way to construct a portfolio, the strategists said. While some more time-consuming, complicated strategies may allow for higher returns, this approach gives investors the best all-around bang for their buck, Loeys and Wise said. Our point is instead that we believe you can achieve most, if not all of your financial objectives by following our KISS approach. Two stock funds that do this include the Vanguard Total World Stock Index Fund (VTWAX) and the SPDR Portfolio MSCI Global Stock Market ETF (SPGM). For investors who want to do more with their portfolio, Loeys and Wise suggested dedicating 80%-90% of one's portfolio to the above strategy, and using the other 10%-20% on other investments.

Persons: Jan Loeys, Alexander Wise, Wise, Joeys, Loeys Organizations: JPMorgan, Business, KISS, Index, Stock Market, Bond, Fidelity

☆ Definely, a London legal tech startup founded by a blind lawyer, just raised $7 million with this 10-slide pitch deck
▼ + stars: | 2024-05-08 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDefinely, a London-based legal tech startup, has raised $7 million in Series A funding, the company said Wednesday. Founded in 2020 by former colleagues at a Magic Circle law firm, Definely is a subscription product that helps lawyers read, edit, and draft legal documents through a plug-in. Currently available through Microsoft Word, Definely uses artificial intelligence, including natural language processing, to make cross-referencing documents easier for legal professionals. Reading legal documents can be a lengthy and complex task with phrases and terminology often scattered between different sections of contracts.

Persons: —, Nnamdi Emelifeonwu, MacDaeid, Emelifeonwu, Definely Organizations: Service, Microsoft, Business, Octopus Ventures, Cornerstone VC, Zrosk Investment, Google, Atlantic Locations: London

☆ Investors are ramping up their exits from Cathie Wood's ARK after an epic 72% decline in her flagship fund
▼ + stars: | 2024-04-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Investors are ramping up outflows from Cathie Wood's ARK funds after a three-year decline. The suite of ARK ETFs has seen net outflows of $2.2 billion so far this year, triple the outflows in 2023. AdvertisementInvestors in Cathie Wood's ARK ETFs are starting to increase the pace of outflows after a string of bad bets and a painful three-year decline. The ARK ETFs' combined assets under management stand at $11.1 billion, down 81% from its peak AUM of $59 billion in 2021. This dynamic — the sharp decline in ARK funds while the broader stock market hits record highs — was highlighted by Morningstar earlier this year.

Persons: —, Morningstar, Amy Arnott, Wood, Tesla Organizations: Service, Innovation, Morningstar, Nvidia, Unity Software

☆ European diplomats in DC scramble to gain access to Trump allies for insights
▼ + stars: | 2024-04-11 | by ( Kylie Atwood | ) edition.cnn.com time to read: +12 min

“We are not that nervous because we know that with Trump it is all about relationships,” said one veteran European diplomat who has been in DC since the Trump administration. “The logic of doing it at Heritage was not lost on us,” said Victoria Coates, a deputy national security advisor to former President Trump who is now a vice president at the think tank. The comments sent European diplomats into over-drive, eager to understand exactly what Trump meant. “If they are worried about how President Trump is going to react to them, they hold it in their hands to do something about it,” Coates said. But European diplomats are not only worried about NATO.

Persons: Donald Trump, jostle, Trump, of National Intelligence John Ratcliffe, Mike Pompeo, Robert O’Brien, Keith Kellogg, Mike Pence’s, Hillary Clinton, they’ve, ”, –, David Cameron, Antony Blinken, Cameron, Jens Stoltenberg, Jim Lo Scalzo, Stoltenberg’s, Victoria Coates, Stoltenberg, ” Coates, nodded, James Carafano, “, it’s, “ He’s, Mike Johnson, Vladimir Putin, Volodymyr Zelensky Organizations: CNN, White, NATO, Ukraine, Trump, of National Intelligence, National, European Union, Republican, Russian Central Bank, EU, British, Heritage Foundation, Heritage, GOP, Putin Locations: Washington, Russia, European, Europe, Ukraine, Brussels, West, Russian, South Florida, Brexit, ”, Washington ,, “

☆ ‘Ultra MAGA’: Donors to new Trump fundraising outfit can obtain special status with maximum contribution
▼ + stars: | 2024-03-29 | by ( Daniel Strauss | Fredreka Schouten | ) edition.cnn.com time to read: +2 min

The highest level of contributions to the Trump 47 Committee – as the joint fundraising committee is known – is called “Ultra MAGA” and is designated for individuals who donate $814,600, the current limit that one person can currently donate to Trump 47. A Trump campaign aide did not immediately respond to an inquiry about the fundraising levels. On Thursday, Biden was joined by two former White House occupants – Barack Obama and Bill Clinton – at a star-studded New York fundraiser that the Biden campaign said brought in more than $26 million. Donations to the Trump 47 Committee benefit Trump’s campaign; his leadership PAC, which has underwritten his legal bills; the Republican National Committee and roughly 40 state party committees. The joint fundraising committee was established earlier this month, following Trump’s takeover of the RNC.

Persons: Donald Trump’s, MAGA, “ MAGA, ”, John Paulson, Trump, Joe Biden, Biden, – Barack Obama, Bill Clinton – Organizations: CNN, Republican Party, Trump, “, Republican, White, New, Democratic Party, PAC, Republican National Committee, RNC Locations: Florida, New York

☆ Why these stock buyback ETFs might be a better bet than dividend funds
▼ + stars: | 2024-03-12 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Investors weighing a shift into dividend stocks may be better off focusing on companies with big share buyback programs instead, according to Bank of America. The idea behind focusing on stock buybacks is that companies that can use excess cash to reduce their share count through buybacks are likely on strong financial footing. This is more of a pure-play buyback fund, tracking the Nasdaq US Buyback Achievers Index. To be sure, stock buybacks are a frequent target of politicians and their tax treatment could change in the years ahead. President Joe Biden called for raising the corporate tax rate for stock buybacks at his State of the Union address last week.

Persons: Jared Woodard, Woodard, PKW, Joe Biden Organizations: Bank of America, Bank of America's, Bank of, Nasdaq, Union Locations: buybacks

☆ These 4 GOP senators voted to rip away millions of dollars in federal funding that they had secured for their home states
▼ + stars: | 2024-03-09 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Seventeen GOP senators had secured funding for specific projects in their home states in the bill. Four of them voted to strip all those projects out, and Sen. Tuberville voted against the entire bill. AdvertisementFour GOP senators voted for a provision on Friday that would have ripped away millions of dollars in federal funding that they had worked to secure for their home states. Known colloquially as "earmarks," the CDS process allows lawmakers to request federal funding for individual projects in their home states. Forty House Republicans did the same thing on Wednesday, voting against the government funding bill despite the fact it secured millions in earmarks funding for their districts.

Persons: Sen, Tuberville, —, Joe Biden, Republican Sen, Rick Scott, Scott, Deb Fischer, Nebraska John Thune of, Nebraska John Thune of South Dakota Thom Tillis, North Carolina Tommy Tuberville, Alabama Fischer, Thune, Tillis, nonbinding, Democratic Sen, Chris Murphy of Connecticut, — Chris Murphy 🟧, ake, hough Organizations: GOP, Service, Republican, CDS, Republicans, Nebraska John Thune of South Dakota, North, Democratic, ust Locations: Florida, Nebraska John Thune of South, North Carolina

☆ These 40 House Republicans voted against millions of dollars in federal funding that they secured for their districts
▼ + stars: | 2024-03-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Read previewOn Wednesday, 83 House Republicans voted against a roughly $460 billion package of bills to fund large swaths of the federal government. Forty of them did so despite requesting — and securing — millions of dollars in federal funding for a variety of projects in their districts. AdvertisementRep. Tim Burchett of Tennessee also voted against the bill, despite securing more than $12 million for his district. But Republicans weren't the only ones to vote against the bill on Wednesday, despite securing earmark funding. AdvertisementHere are the 40 Republicans who voted against the bill, despite securing earmark funding:

Persons: —, Lauren Boebert, Sleepy Joe, Democratic Sens, Michael Bennett, John Hickenlooper, There's, Tim Burchett, we've, Burchett, It's, congressionally, Tom Williams, bipartisanship, Nancy Pelosi —, Maria Elvira Salazar, Sen, Tommy Tuberville, weren't, Maxwell Frost of Florida, Mark Takano, — Maxwell Alejandro Frost Organizations: Service, Republicans, Colorado Republican, Green New, Business, Green, Deal, Democratic, Republican, East, University of Tennessee Medical Center, Data Engineering, Lincoln Memorial University, Getty, Infrastructure Law Locations: Wolf, Craig, East Tennessee, Knoxville, Harrogate, Kentucky, Tennessee, Maria Elvira Salazar of Florida, Alabama, California

☆ $100K photos, Colbert and a fashion doyenne: Details of the Biden fundraiser with three presidents
▼ + stars: | 2024-03-05 | by ( Natasha Korecki | ) www.cnbc.com time to read: +6 min

The cost for a chance to pose in a photo with all three Democratic presidents at once? It's also the only time that three [Democratic] presidents have done a [campaign] fundraiser together." Democratic National Committee Chair Jaime Harrison, Biden campaign fundraisers Michael Pratt and Colleen Coffey and Biden campaign finance chair Rufus Gifford have all been instrumental, he said. "For people who are involved in politics, for people who love politics, the opportunity to be with the last three Democratic presidents … is something that's unique. "It's no surprise the three Democrat stooges who have brought untold destruction to America are united by that misery," Trump campaign spokesman Steven Cheung said.

Persons: Barack Obama, Joe Biden, Bill Clinton, Robert Byrd, Chris Korge, Stephen Colbert, Hillary Clinton's, It's, Korge, Condé, Anna Wintour, Jaime Harrison, Biden, Michael Pratt, Colleen Coffey, Rufus Gifford, Marc Lasry, Alex, Alex Lasry, Obama, Donald Trump, Kamala Harris, …, Harrison, Nikki Haley, Ronna McDaniel, George W ., it's, Trump, Steven Cheung, Crooked Joe Biden Organizations: West Virginia State Capitol, Biden Victory Fund, Radio City Music Hall, Democratic, CBS, Democratic Party, Biden, Milwaukee Bucks, Senate, Trump, RNC, Democrats, Republican National Committee, Democratic National Committee, GOP, Republican, Democrat, Republicans Locations: Charleston , West Virginia, New York, U.S, Wisconsin, Clinton, Asia, Milwaukee, Michigan, Israel, Gaza, America

☆ The rise of 'zombie' VCs puts startups that took funding from them in a difficult spot
▼ + stars: | 2024-03-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

What's on deckAdvertisementBut first, zombie, zombie, zombie-ie-ie-ie. AdvertisementThat's why zombie VCs pose such a problem for the industry. Sussing out the prudent investor from the penniless one takes time and effort, two things startups can't necessarily afford when times are tough. AdvertisementIs having a zombie VC as an investor the equivalent of a scarlet letter? If a partner jumps ship from a zombie VC, startups they backed will be in a tough spot.

Persons: —, here's, Insider's Ben Bergman, Ben, it's, Alyssa Powell, Morgan Stanley, Goldman Sachs, Ray Dalio isn't, Sundar Pichai, Marissa Mayer, Yahoo's, Cory Doctorow, He's, Smashmallow, they've, Jack Teixeira, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, BI, Bridgewater, Bank of America, Trading, Google, Canadian, Singapore Locations: There's, Silicon Valley, British, Singapore, Israel, New York, London, Chicago

☆ Top stocks to play the future of energy from an investor managing a $5 billion Vanguard fund
▼ + stars: | 2024-03-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +8 min

The Vanguard Energy Fund originated in 1984 and until Levering arrived, it had focused for more than three-decades on oil, gas and coal investments. "My view was that's fossil fuel energy — that's not energy," Levering told CNBC in an interview. Levering took over the Vanguard fund in 2020 as the Covid-19 pandemic had effectively shut down the global economy. Levering said the Vanguard Energy Fund is structured to remain resilient and deliver returns through its hybrid approach, regardless of the macroeconomic turns the world takes. European oil majors The Vanguard Energy Fund remains heavily weighted toward oil and gas companies.

Persons: Tom Levering, Levering Organizations: Vanguard Energy Fund, CNBC, Vanguard, Wellington Management, U.S, Congress, Invesco, Utilities, Duke Energy, Shell, BP Locations: Covid, Russia, Ukraine, French, Southern

☆ An abrupt exit at a Goldman Sachs-backed crypto bank spotlights the industry's tug-of-war with regulators
▼ + stars: | 2024-02-26 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +13 min

Read previewWhen the chief executive of cryptocurrency startup Anchorage Digital posted a message in the company's "announcements" Slack channel in late November about an executive's departure, employees started buzzing. Just over a year after it received the charter, the OCC issued a consent order against Anchorage in April 2022. Regulators are aggressively scrutinizing crypto players and prioritizing monitoring crypto compliance. Regulators' viewThe OCC is now led by Michael Hsu, the former Federal Reserve regulator and self-described crypto skeptic who has viewed crypto companies' regulatory compliance in some areas as inadequate. A crypto bank would face risks in safeguarding digital assets in its custody, maintaining appropriate hedges in crypto-lending, and adhering to capital requirements specific to crypto assets, said Kim, who studies crypto and blockchain technology.

Persons: —, Georgia Quinn, Nathan McCauley's, McCauley, Goldman Sachs, Andreessen Horowitz, Quinn, Brian Brooks, CoinDesk, Oliver Wyman, FTI, Brooks, Michael Hsu, Hsu, Evelyn Hockstein, Mark duBose, Seoyoung Kim, University's, Kim, Diogo Mónica, Axel Springer, Mark McCombe, Max Levchin, BNY, Seyfarth Shaw, Ellenoff Grossman, it's Organizations: Service, Anchorage, Business, Citadel Securities, Apollo Global Management, Visa, OCC, Regulators, Securities, Exchange, IBM, KPMG, Anchorage Digital Bank National Association, Federal Reserve, Reuters, Business Insider, Santander Bank, University's Leavey School of Business, KKR, BlackRock, BNY Mellon Locations: Anchorage, United States, Santa, San Francisco, Portugal

(AP) — Republicans hoping to pick up an open U.S. Senate seat in deep blue Maryland have the most competitive candidate they've fielded for decades. She supports abortion rights unequivocally and said she probably will back a candidate who doesn't hedge. Photos You Should See View All 33 ImagesHogan has said he does not support taking abortion rights away, even though he personally opposes abortion. “For eight years, we proved that the toxic politics that divide our nation need not divide our state," Hogan said. The state approved legislation in 1991 to protect abortion rights if the Supreme Court were to allow abortion to be restricted.

Persons: they've, Larry Hogan, Hogan, Lynn Johnson Langer, ” Langer, ”, don’t, Langer, Mileah Kromer, “, that’s, ” Hogan, Donald Trump, Roe, Wade, Mary Kfoury, that's, Kfoury, Kromer, it’s, Larry Hogan Won, Sen, Ben Cardin pounced, Angela Alsobrooks, Prince George's County, Rep David Trone, Alsobrooks, Wes Moore's, Robin Ficker Organizations: —, Senate, U.S, Maryland, Democrat, Republicans, Democratic Party, Goucher College, Trump, Republican, Blue State Republican, GOP, Prince, Democratic, Rep, CNN, Voters, Catholic, Democratic Gov, Washington's NBA Locations: ANNAPOLIS, Md, U.S, Maryland, U.S ., Annapolis, Edgewater , Maryland, Prince George's, Alsobrooks, Landover , Maryland

☆ Why Alexey Navalny's death is unlikely to change Congress' Ukraine aid quagmire
▼ + stars: | 2024-02-16 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Read previewLeaders in both parties vowed that Russian President Vladimir Putin must pay for the death of famed opposition leader Alexey Navalny. It's unclear though how their tributes will translate into tangible action, especially on Congress' long-delayed push to send more aid for Ukraine's defense. House Speaker Mike Johnson said in a statement that international leaders "must be clear that Putin will be met with united opposition." While it's true that the foreign aid bill could garner 218 votes, getting the bill on the floor is another matter entirely. Ukraine aid still hasn't passed.

Persons: —, Vladimir Putin, Alexey Navalny, Mike Johnson, Putin, Johnson, Donald Trump, Marjorie Taylor Greene, Kevin McCarthy, hasn't, McCarthy, Matt Gaetz, Trump, Matt Glassman, Glassman, It's, there's, Volodymyr Zelensky, Schumer, Churchill Organizations: Service, Business, Georgia Republican, Ukraine, GOP, California Republican, Florida Republican, Georgetown University's Government Affairs Institute, Republicans, Trump, Republican Locations: Ukraine, United States, Baltic, Georgia, California, Florida, Mexico, Mexican

☆ BlackRock loses top infrastructure investor to Manulife amid executive shakeup
▼ + stars: | 2024-02-06 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

Valentine Andrews, 52, will report to Lorentz and lead the firm's "next era of private markets growth," he wrote. She will remain in New York City, where Manulife's private equity and private credit teams are based. Valentine Andrews joined BlackRock in 2014 from Morgan Stanley, where she spent seven years and helped establish the firm's infrastructure-investing platform. She previously worked at Macquarie Bank, the firm known for its infrastructure investments, in Melbourne and New York. "I like to think about living life in chapters," Valentine Andrews wrote in a post on LinkedIn last month.

Persons: CQS, Anne Valentine Andrews, Paul Lorentz, Valentine Andrews, Lorentz, Angelo Gordon, Nuveen, BlackRock, Edwin Conway, Salim Ramji, Vipon, Brian Kernohan, Marc Feliciano, Morgan Stanley Organizations: Manulife Investment Management, Business, BlackRock, Manulife, Investment, Global Infrastructure Partners, TPG, Macquarie Bank, LinkedIn Locations: Toronto, Massachusetts, Manulife, New York City, Melbourne, New York

☆ How a Law School Student at N.Y.U. Spends Her Sundays
▼ + stars: | 2024-02-03 | by ( Alix Strauss | ) www.nytimes.com time to read: +1 min

She is a dual-degree graduate student at New York University, where she attends both its business and law schools. “I’m always in need of sleep, but I’m OK with sacrificing sleep,” said Ms. Scott, 26, who grew up in Harlem. “I wanted to help other Black women have an easier, better experience than I had,” she said. “Most people are like, ‘It’s crazy you’re doing all of this,’ but they’re not surprised knowing who I am. I’m surpassing society’s expectations of me.”Ms. Scott lives in a two-bedroom apartment in campus housing in NoHo in Manhattan.

Persons: Talia Scott, “ I’m, ”, Scott, “, they’re, Ms Organizations: New York University Locations: Harlem, Black, NoHo, Manhattan

☆ A fund manager who has beaten 99% of his peers over the last decade breaks down how he finds value investments where others don't, and the 2 sectors he's looking for opportunities in this year
▼ + stars: | 2024-02-03 | by ( Mark Reeth | ) www.businessinsider.com time to read: +8 min

Consistently beating the competition over a decade and a half is a sign that Bill Nygren is worth listening to. Instead, he uses good old-fashioned value investing techniques that have proven reliable for decades, even as they've evolved. Nygren added: "It's clearly not a value stock, but when you make those adjustments it sells at less than a market multiple. Advertisement2 sectors to invest in right nowThe average investor would be forgiven for looking around the market right now and struggling to find value. Advertisement"And I think value investors have been a natural home for a lot of the financial industry because the industry's typically traded at something like three-quarters of the S&P multiple," Nygren said.

Persons: Bill Nygren, Nygren, there'd, you've Organizations: Oakmark, Oakmark Fund, Business, Big Tech, Capital, Intercontinental Exchange, American International Group, AIG

☆ For investors who scored big on Meta, a way to protect those profits and generate income
▼ + stars: | 2024-02-02 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

Meta Platforms (META) , formerly known as Facebook, is setting new highs following an absolute blowout earnings report and dividend initiation. META 1Y mountain Meta, 1-year For clarity, this is not a bearish view on Meta. Meta was my largest 2023 holding in the Essential 40 Stock Fund (ESSIX) portfolio that I manage. DISCLOSURES: (Long FB, sold call spread) THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Meta Organizations: Facebook, Meta, RSI, FB

☆ CNBC Pro Talks: From AI to U.S.-China rivalry, one CIO shares how — and where — to invest
▼ + stars: | 2024-01-24 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

From electric vehicles, artificial intelligence and geopolitics, opportunities are seized by looking at disruptive changes in the global economy, according to Kingsley Jones of boutique advisory firm Jevons Global. Jones is bullish on the usual Big Tech names, but says they're "boring." "This year our attention has turned to under-valued growth stocks that are natural beneficiaries of AI," he added. To discover more on the themes — and stocks and ETFs — that Jones likes, join CNBC Pro Talks on Thursday, Jan. 25, at 6:30 a.m. BST / 2:30 p.m. SGT / 1:30 a.m. Learn more from our previous Pro Talks: Portfolio manager explains why he has the 'most conviction' in this China tech stock Fund manager reveals the one energy stock to buy right now Forget Tesla.

Persons: Kingsley Jones, Jevons, Koulouris, Jones, Goldman Sachs Organizations: U.S, Big Tech, CNBC, BYD Locations: China

☆ The Best Stock Funds of 2023
▼ + stars: | 2024-01-13 | by ( Lawrence Strauss | ) www.wsj.com time to read: 1 min

Large-cap companies led the way in 2023, benefiting the money managers who believed in them. Driven by a rebound in large and megacap stocks, in particular the “Magnificent Seven” technology companies, mutual-fund managers who saw double-digit losses in the market rout in 2022 found themselves rewarded for their patience this past year.

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