Fri.Mar 08, 2024

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78% of Warren Buffett's $369 Billion Portfolio Is Invested in Just 6 Stocks

The Motley Fool

For nearly six decades, Warren Buffett has put on a master class in how to beat Wall Street. Since taking over as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in the mid-1960s, he's led his company's Class A shares (BRK.A) to a jaw-dropping aggregate return of 4,961,342%, as of the closing bell on March 1. Extensive books have been written discussing the investing philosophies that have allowed the Oracle of Omaha to trounce Wall Street's benchmark index, the S&P 500.

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CPP Investments agrees to buy 17.5% stake in NetCo

PE Hub

NetCo is an Italian telecoms network. The post CPP Investments agrees to buy 17.5% stake in NetCo appeared first on PE Hub.

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Why Broadcom Stock Was Sliding Today

The Motley Fool

Shares of Broadcom (NASDAQ: AVGO) were moving lower Friday after the diversified semiconductor company posted solid results in its fiscal 2024 first-quarter earnings report after the market closed Thursday, but failed to raise its guidance. High expectations were also baked into the stock. The company is viewed as a beneficiary of the AI boom, and as its shares have risen in recent months in consequence.

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AEI-backed Yingling Aviation snaps up Mid-Continent Aviation Services

PE Hub

Yingling is a provider of maintenance, repair, and overhaul and fixed-base operation services to business and general aviation customers throughout the U.S. The post AEI-backed Yingling Aviation snaps up Mid-Continent Aviation Services appeared first on PE Hub.

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5 Tips for Building Your Savings Account Back Up After an Emergency

The Motley Fool

Image source: The Motley Fool/Upsplash Saving for emergencies is absolutely crucial, with Pew Research showing 6 in 10 households experienced an unexpected financial shock over the prior 12 months. Unfortunately, once you have an emergency, a good amount of that money you worked so hard to put into your savings account could end up being used to cover the surprise costs.

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Trive Capital-backed Kittyhawk snaps up Stack HIP

PE Hub

The seller was Stack Metallurgical Group. The post Trive Capital-backed Kittyhawk snaps up Stack HIP appeared first on PE Hub.

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Leeds Equity Partners appoints Bernstein as VP

PE Hub

Most recently, Bernstein was a vice president at The Carlyle Group. The post Leeds Equity Partners appoints Bernstein as VP appeared first on PE Hub.

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How Soon Will Super Micro Computer Stock Hit $2,000?

The Motley Fool

The past year has been phenomenal for Super Micro Computer (NASDAQ: SMCI) investors; shares of the server manufacturer have shot up a stunning 1,090% over the past 52 weeks. Investors have been buying Supermicro stock hand over fist thanks to the booming demand for its solutions that are being deployed in artificial intelligence (AI) servers. Supermicro's impending inclusion in the S&P 500 index has further added to investors' enthusiasm.

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Monument MicroCap appoints Hildebrand and Schorr as co-CEOs

PE Hub

Prior to these appointments, Hildebrand was president of Monument while Schorr joined the firm March 1. The post Monument MicroCap appoints Hildebrand and Schorr as co-CEOs appeared first on PE Hub.

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1 "Magnificent Seven" Stock Warren Buffett Might Buy Soon

The Motley Fool

The "Magnificent Seven" is a group of stocks that have led the market since early 2023. However, they've also gotten quite expensive, so it doesn't make sense for a value investor like Warren Buffett and his team at Berkshire Hathaway to buy them. Still, there's one that Buffett and Berkshire might be eyeing: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).

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Warburg Pincus-based BlueGrace Logistics buys Evos Smart Tools

PE Hub

BlueGrace is a provider of transportation management solutions. The post Warburg Pincus-based BlueGrace Logistics buys Evos Smart Tools appeared first on PE Hub.

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1 Unstoppable Vanguard ETF That Turned $10,000 Into Nearly $40,000 in the Last Decade

The Motley Fool

Because it provides investors with a high-level overview of how some of the largest U.S. stocks are doing, the S&P 500 gets a lot of attention. It's certainly one of the most widely followed market indices. But for investors who want exposure in their portfolios to specific factors, there are different options to consider. The Vanguard Growth ETF (NYSEMKT: VUG) is a great example.

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Blackstone’s Jonathan Gray on M&A rebounding; GI Partners, TA Associates set eyes on Netsmart; plus International Women’s Day

PE Hub

Blackstone President and COO Gray holds forth at PEI's NEXUS event. The post Blackstone’s Jonathan Gray on M&A rebounding; GI Partners, TA Associates set eyes on Netsmart; plus International Women’s Day appeared first on PE Hub.

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Will I Have to Pay Into Social Security If I'm Working and on Social Security?

The Motley Fool

My friend's mother retired from her main career years ago, but she has held down a string of different part-time jobs ever since just to stay busy. Thankfully, that work serves as more of a hobby for her than anything else. She's in a great position where she doesn't really need the income because she has nice savings to tap. She also has Social Security to fall back on.

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Blackstone’s Jonathan Gray: ‘M&A will come back’

PE Hub

'I describe M&A as almost like flotation devices below the water; eventually they'll come up,' Gray said during a fireside chat at PEI Group's NEXUS 2024 event. The post Blackstone’s Jonathan Gray: ‘M&A will come back’ appeared first on PE Hub.

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2 "Magnificent Seven" Stocks to Buy Hand Over Fist in March

The Motley Fool

In today's video, I discuss recent updates impacting Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Tesla (NASDAQ: TSLA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of March 5, 2024. The video was published on March 6, 2024. Should you invest $1,000 in Alphabet right now?

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Shore Capital-backed Roaming Hunger taps Liberman as CEO

PE Hub

Roaming Hunger is a Los Angeles-based software and services platform for foodservice solutions and experiential marketing activations. The post Shore Capital-backed Roaming Hunger taps Liberman as CEO appeared first on PE Hub.

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Better Artificial Intelligence (AI) Stock: Nvidia vs. SoundHound AI

The Motley Fool

Artificial intelligence (AI) stocks Nvidia (NASDAQ: NVDA) and SoundHound AI (NASDAQ: SOUN) have been in the limelight this year for different reasons, but both of them have delivered handsome gains to investors already in 2024. Nvidia stock is up 72% so far this year, while SoundHound AI has simply taken off and is up 186%. Nvidia's surge can be attributed to the company's solid fiscal 2024 results and market-beating guidance , thanks to the booming demand for its AI chips.

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Demographics Rules Everything Around Me

A Wealth of Common Sense

America is in a weird place demographically-speaking. On the one hand, we have 70 million baby boomers reaching retirement age. They control most of the wealth. They control most of the housing market. And they still control the thermostat when you visit their houses. On the other hand, we have 73 million millennials who are in their prime household formation years.

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Why Spirit Airlines Stock Fell (Again) This Week

The Motley Fool

Spirit Airlines (NYSE: SAVE) stock was falling again this week. The discount airliner officially canceled its merger with JetBlue Airways and looks to be in a desperate situation financially. The stock has fallen over 20% this week and is down around 70% year to date, according to data from S&P Global Market Intelligence. Here's why Spirit Airlines stock fell this week, and where investors go from here.

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Carlyle to take over London Southend Airport

Private Equity Insights

London Southend Airport (LSA) is to be taken over by US private equity giant Carlyle after a deal was agreed to settle a debt with its current owner. The investor will take an 82.5 per cent stake in LSA, while current owner Esken will keep 17.5 per cent. Carlisle-based Esken, formerly Stobart Group, said it had decided to agree to the proposal designed to settle the airport’s £193.75m debt to Carlyle Global Infrastructure Fund (CGI).

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Better Buy: Target vs. Walmart Stock

The Motley Fool

One has performed much better than the other in the past year, but both Walmart (NYSE: WMT) and Target (NYSE: TGT) stocks have attractive qualities as long-term investments. The retailers are improving their profit margins right now, for example, and are boosting sales in a highly competitive industry. They each have increased their dividend payments for more than 50 consecutive years, too.

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Modern Wealth Management acquires $1.2bn retirement shop

Private Equity Insights

Modern Wealth Management, an American registered investment advisory (RIA), has snapped up Beltz Ianni & Associates (Beltz Ianni) for an undisclosed price, in a move to expand its footprint to the eastern region of the US. Beltz Ianni, which is based in Rochester, New York, operates as a corporate retirement planning and individual wealth management company.

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Forget Nvidia: 2 Tech Stocks to Buy Instead

The Motley Fool

There's no doubt that Nvidia is the stock everyone's talking about right now. And I won't say Nvidia doesn't deserve its flowers. However, investing is sometimes about moving against the crowd , looking for the gem everyone else is overlooking. So instead of homing in on Nvidia like everyone else is, consider looking at some great growth stocks that are not only using artificial intelligence (AI) effectively, but have overlooked fundamentals and valuations that could set up investors for stellar

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Pollen Street Capital to buy Mattioli Woods in £423m take

Private Equity Insights

Mattioli Woods looks set to be sold in a £432m deal to private equity firm Pollen Street Capital. The deal will see Leicester-based Mattioli Woods investors receive 804p for each share they hold. The firm’s directors have recommended that shareholders vote through the deal at a general meeting. Pollen Street has launched the takeover bid using a company called Tiger Bidco.

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Here's How Much a Late Tax Return Might Cost You

The Motley Fool

Image source: The Motley Fool/Upsplash I've yet to meet a person who lists filing taxes among their favorite pastimes, but it's in most Americans' best interests to do it anyway. The deadline to file your 2023 taxes is April 15, 2024, so you've still got time. But you probably don't want to put it off too much longer. There are steep penalties for failing to file your return on time.

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JPMorgan begins private lending drive with $10bn

Private Equity Insights

JPMorgan Chase & Co has set aside at least $10 billion to back its foray into the world of direct lending. The Wall Street titan’s move into the market is likely to put it head to head with established sector heavyweights such as Ares Management Corp and Apollo Global Management. The largest U.S. bank by assets is also prepared to make many more billions of dollars available if it sees the opportunity to deploy additional capital, according to Bloomberg Law, which had first reported th

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3 Financial Moves to Make Before the Fed Lowers Interest Rates

The Motley Fool

Image source: Getty Images Cooling inflation is setting the stage for the Federal Reserve to cut interest rates after a series of hikes that began in 2022 and lasted well into 2023. At its last few meetings, the Fed held interest rates steady. And while the central bank is not expected to cut interest rates at its upcoming March meeting, the Fed has signaled that interest rate cuts are likely in store for the latter part of 2024.

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Mubadala and Bpifrance to co-invest in Africa’s largest technology VC fund

Private Equity Insights

Abu Dhabi’s Mubadala Investment Company and France’s national investment bank Bpifrance will jointly invest in global technology investment company Partech’s latest Africa-focused venture capital fund – Partech Africa II, as it looks to build its portfolio of assets globally. The Partech Africa II fund, which has reached a hard cap of €280 million ($304.4 million), is the largest venture capital fund dedicated to tech start-ups in Africa, the entities said in a statement on Wedne

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73 Million People Now Have Costco Memberships. Should You Join, Too?

The Motley Fool

Image source: Getty Images In the grand scheme of the personal finance decisions you'll have to make in your lifetime, joining Costco will probably end up being a pretty low stakes bet. Right now, the cost of a basic membership at Costco is just $60 a year. For an Executive membership that gives you 2% cash back on your purchases, you're looking at $120 a year.

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Trident Trust Makes Asia Business Acquisition

Private Equity Insights

The purchase of the business increases Trident Trust’s assets under administration to $62 billion. Trident Trust has acquired Tricor IAG Fund Administration Group (TIAG), a specialist provider of fund administration services to Asian private equity and venture capital funds. Formed in 2013 as a joint venture between Tricor and IAG Group, TIAG operates in Singapore and Hong Kong, and provides fund administration solutions to a broad range of private equity managers in Asia with total asse

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Why Rivian Was the 1 EV Stock That Didn't Drop This Week

The Motley Fool

Electric vehicle stocks had a terrible week across the board as the price war that's been building around the world took another step in China. BYD (OTC: BYDDY) (OTC: BYDD.F) lowered prices for its EVs again, and Tesla (NASDAQ: TSLA) followed the move with nearly $5,000 in incentives for its vehicles. It was hard to make money in EVs before, and now it's becoming nearly impossible.

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Ares Management Launches Ansley Park Capital

Private Equity Insights

Ares Management Corporation, a leading global alternative investment manager, announced today that funds managed by its Alternative Credit strategy have launched Ansley Park Capital, a newly-formed lending and specialty finance company that delivers full spectrum, customized financing solutions for essential-use, large-ticket equipment. Ansley Park’s management team and integrated operating platform were acquired from BciCapital, Inc.

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

The market rally in growth stocks is changing the way that Cathie Wood approaches her portfolio moves as the co-founder and CEO of Ark Invest. She has spent most of the past couple of years adding to existing stakes on dips. Now she isn't afraid to buy into the upswing. Wood bought shares of Palantir Technologies (NYSE: PLTR) , Toast (NYSE: TOST) , and Roku (NASDAQ: ROKU) on Thursday, building up some of her largest positions.

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