This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A different kind of Buffett stock The stock I'm referring to is Ares Capital (NASDAQ: ARCC). Buffett didn't personally choose to invest in Ares Capital. It wasn't his longtime business partner Charlie Munger or one of the two investment managers at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , either.
The conglomerate scooped up additional shares of HP in subsequent quarters. Ares Capital (NASDAQ: ARCC) ranks as the largest publicly traded businessdevelopmentcompany ( BDC ). It provides financing to middle-market businesses that often encounter challenges securing capital from banks.
It's a conglomerate that just so happens to use much of its idle cash to hold stocks of publicly traded companies. Just as the name suggests, private equity firms supply promising up-and-coming companies with capital, usually in the form of a loan, but sometimes in exchange for an equity stake in a company.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content