Every bull market owes its success to a select group of stocks and sectors at the forefront of the move. Owning them is a great path to profits. Here’s how it’s done. Read More
Has the financial sector stabilized—and if so, how can investors put their money to work? Jeffery Harte, managing director in equity research at Sandler O’Neill, and David Trone, managing director at Fox-Pitt, Kelton, discussed their outlook for the banks. Read More
In what appears to be a bet consumers will stick with discount retailers even after the economy rebounds, Warren Buffett's Berkshire Hathaway increased its Wal-Mart holdings by almost 90 percent during the summer. It added almost 18 million shares, currently worth almost $1 billion, in the third quarter. Read More
Warren Buffett tells CNBC that Berkshire Hathaway hasn't added to its stock holdings of American Express "in years." That's in response to a statement made by biographer Alice Schroeder in the just-published paperback edition of The Snowball. Read More
Alice Schroeder's authorized biography of Warren Buffett is now available in a trade paperback edition. In an "updated and condensed" version of The Snowball: Warren Buffett and the Business of Life, Schroeder adds a new 31-page chapter covering events after the hardcover's publication last year. She candidly describes how Buffett made a "series of characteristic brilliant moves interspersed with some surprising errors" as the financial crisis unfolded. With thanks to Bantam and Random House, here is an excerpt from Schroeder's new material. Read More
No doubt last year’s financial crisis dealt a body blow to many investors, but many Boomers approaching retirement have yet to turn their reaction to last year’s events into action. Read More