Monday, December 12, 2022

Why Charlie Munger Loves Costco (No Matter How Expensive The Stock Is)

Why Charlie Munger Loves Costco (No Matter How Expensive The Stock Is)

One of Charlie Munger's favorite investments is Costco, and when I say one of his favorite investments, I mean his second favorite. Based on the information he has disclosed, Costco is his second largest personal investment, alongside Berkshire Hathaway. […] Read More

These Were the Five Best and Worst Performing Mid-Cap Stocks in November 2022

The stock market witnessed an upward trend last month, a continuation from October. In November, the Dow Jones gained around 7%, S&P 500 8.4% and Nasdaq 9.1%. The S&P MidCap 400 performance was also in line with other major indices, gaining almost 6% last month. Year to date, however, the index is still down over […] Read More

The Fed Shouldn't Raise Its Inflation Target

Some people are suggesting that the Federal Reserve consider a compromise in its battle with rising prices: Instead of imposing the full monetary tightening required to get inflation back down to its 2% target, why not increase the target a bit? Read More

SPACs Slap Some Lipstick on Their Penny-Stock Pigs

Life comes at you fast in the stock market. At the start of the year, investors were so enamored of the technology sector that Alphabet Inc., Tesla Inc. and Amazon.com Inc. split their shares into smaller increments to attract even more retail buyers, often causing the stocks to rocket even further. Q3 2022 hedge fund letters, conferences […] Read More

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