Buffett sold Apple to buy Dominion Energy

Warren Buffett’s Berkshire buys Dominion Energy natural gas assets in $10 billion deal. The conglomerate is spending $4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Including the assumption of debt, the deal totals almost $10 billion. It’s the first major purchase from Berkshire since the coronavirus pandemic and subsequent […]

Schwarzman Expect ‘Big V’ Economic Rebound in Next Few Months

teve Schwarzman, chief executive officer of Blackstone Group Inc., said the economy is likely to benefit from a V-type recovery in the next few months. “You’ll see a big V in terms of the economy going up for the next few months because it’s been closed,” Schwarzman, co-founder of the world’s biggest alternative asset management […]

Pajama Trader Reveals Secrets of His Success As He Guns For $1 Billion

It was six minutes after the opening bell on Feb. 4, and dozens of big-name stocks were still untraded in Tokyo. Telecommunications giant SoftBank Corp. was among those that hadn’t budged. The offer price fell 5 percent, then more, and still there were no takers. Then an order was filled: 300,000 shares at ¥6,714 — […]

Leon Cooperman: The rise of mom-and-pop investors in the stock market will ‘end in tears’

Billionaire Leon Cooperman on Monday said that the emergence of individual investors eagerly scooping up stocks that have been rocked amid the coronavirus-induced downturn will ultimately not end well for those individual investors. The ‘Robinhood markets are going to end in tears,” said Cooperman. Cooperman referred to a Barron’s article that noted that free trading […]

Cramer, remains in a defensive position, here’s what he bets on:

“The market’s gotten more confident that we’ll have a speedy, V-shaped recovery … and that makes the recession stocks less attractive,” said Cramer “But, I’ve got to tell you, I think it’s too soon to give up on the recession stocks. As much as I hope we’ll have a rapid recovery where America swiftly gets […]

3 traits Jamie Dimon says you need to score a job at JP Morgan

JP Morgan is extremely selective about who it hires. According to its CEO Jamie Dimon , the bank boasts nearly 250,000 “top notch” employees within investment banking, sales, trading and general management and recruits from some of the “best schools in the world.” For those looking to snag a job at the financial institution, be […]

Using what’s known as a multi-strategy approach which involves stock market investments as well as global investments in several asset classes all at once based on macroeconomic trends, Cohen is considered one of the best in the business. The legendary stock picker has the track record to back up his reputation. Verastem (VSTM) Targeting the […]

The World’s 10 Most Famous Traders Of All Time

There are several famous former traders who moved on to different careers, such as John Key (Prime Minister of New Zealand) and Jimmy Wales (founder of Wikipedia). However, this list is made up of traders famous for being traders. The lives of the world’s most famous traders are colored by both triumph and tragedy, with […]

Marty Zweig’s Investing Rules

1) The trend is your friend, don’t fight the tape. 2) Let profits run, take losses quickly. 3) If you buy for a reason, and that reason if discounted or is no longer valid, then sell! 4) If the values don’t make sense, then don’t participate. (2+2m4) 5) The cheap get cheaper, the dear get […]