2018-11-27 10:37:00 Tue ET
stock market gold oil stock return s&p 500 asset market stabilization asset price fluctuations stocks bonds currencies commodities funds term spreads credit spreads fair value spreads asset investments
Warren Buffett offloads a few stocks from the Berkshire Hathaway portfolio in mid-November 2018. The latest S.E.C. report shows that the Oracle of Omaha sold a significant number of shares in Phillips 66, Sanofi, Walmart, and 3 primary airlines: American Airlines, United Continental Airlines, and Southwest Air.
Berkshire unloads Phillips 66 shares as the oil refinery company hovers around the 10-year high share price. Buffett exercises discipline to sell Sanofi shares when the global biopharma company faces the patent expiration for its long-active insulin Lantus (which raked in $7 billion in annual revenue at its peak). Intense competition also arises for Sanofi in the wide context of both cancer and rare disease treatment.
Berkshire has continued to lower its stock bets on Walmart since 2016, and Buffett regrets his tough judgment call between the brick-and-mortar retailer Walmart and the ecommerce tech titan Amazon. Walmart has not been able to deter Amazon from acquiring its market share, and the Sino-U.S. trade disputes and higher U.S. wages can become detrimental to both sales and net profit margins for Walmart. For these reasons, Berkshire offloads the additional 1.4 million shares in Walmart. Buffett further trims the Berkshire stock bets on several airlines below the 10% disclosure threshold in order to avoid onerous regulatory compliance requirements.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2020-08-05 08:33:00 Wednesday ET
Business leaders often think from a systemic perspective, share bold visions, build great teams, and learn new business models. Peter Senge (2006) &nb
2023-04-21 12:39:00 Friday ET
Angus Deaton analyzes the correlation between health and wealth in light of the economic origins of inequality worldwide. Angus Deaton (2015)
2018-09-07 07:33:00 Friday ET
The Economist re-evaluates the realistic scenario that the world has learned few lessons of the global financial crisis from 2008 to 2009 over the past deca
2022-03-05 09:27:00 Saturday ET
Addendum on empirical tests of multi-factor models for asset return prediction Fama and French (2015) propose an empirical five-factor asset pricing mode
2022-05-25 09:31:00 Wednesday ET
Net stock issuance theory and practice Net equity issuance can be in the form of initial public offering (IPO) or seasoned equity offering (SEO). This l
2020-09-17 12:28:00 Thursday ET
Many successful business organizations develop their distinctive capabilities and unique value propositions for strategic reasons. Paul Leinwand and Cesa