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Real estate boom-and-bust cycles are repetitive, and I’m afraid that we look set for another. What’s my premise? Well, the interest-rate cycle has topped out, and the U.S. Treasury yield curve is inverted, which usually means an economic slowdown is set to occur. Moreover, commercial real estate prices are on a steep decline while mortgage rates remain exorbitant. Real Estate Investment
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In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Warren Buffett shared a heartfelt tribute to the late Charlie Munger, calling his business partner of 60 years the architect of today’s Berkshire Hathaway. In
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Artificial intelligence (AI) is unarguably a transformational technology. Pundits anticipate massive upheavals in the marketplace due to AI’s proliferation. Cathie Wood anticipates the global economy enjoying a $200 trillion in productivity by 2030. And, some companies are being transformed by it too. Their entire business models are completely altered after AI was introduced. Microsoft (NASDAQ:MSFT)
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In this article BRK.A OXY Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett and Charlie Munger at press conference during the Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, April 30, 2022. CNBC Berkshire Hathaway‘s Warren Buffett said his sprawling conglomerate may only slightly outperform the average American company due to its sheer size and the
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Warren Buffett ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, NE. David A. Grogan | CNBC Berkshire Hathaway on Saturday reported a big rise in operating earnings in the fourth quarter, thanks to huge gains in its insurance business, while its cash pile expanded to record levels. The Omaha-based conglomerate posted operating earnings
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I like tracking Home Depot (NYSE:HD) stock given just how important housing is to the broader economy (and I like that they sell lumber!). That’s why its fourth-quarter earnings report is particularly interesting. Home Depot reported a decline in same-store sales of 3.5% in the fourth quarter of 2023, with a notable 4% decrease observed
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As you may recall from my past coverage of Rivian Automotive (NASDAQ:RIVN), I’ve been bearish about this early-stage electric vehicle stock. However, following the EV maker’s latest quarterly earnings release, my RIVN stock analysis has become even more downbeat. Why? Admittedly, Rivian remains in a much better position than other high-profile EV upstarts. For instance,
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Since the late 1970s, when the former options trader and arbitrageur moved into activist investing (then called “corporate raiding”), Carl Icahn has built a multi-billion dollar fortune investing in (and pushing for profitable changes at) undervalued companies. With this track record, it’s no surprise that Wall Street and Main Street investors alike are always curious
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