Sun.May 12, 2024

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Elon Musk Says Billionaire Investor Warren Buffett Should Buy Tesla Stock. Here's Why He Absolutely, Positively Won't.

The Motley Fool

If anyone was going to give one of the world's most renowned investors unsolicited investment advice, it's probably not surprising that that someone was Elon Musk. After Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) reduced its position in Apple , Musk went on his social media platform X, formerly known as Twitter, calling on Warren Buffett to buy shares of his company Tesla (NASDAQ: TSLA).

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The Destiny of Demographics

A Wealth of Common Sense

Demographics are destiny but the reactions to that destiny aren’t set in stone. Take a look at how things have changed from 2010 to today along with where we’re going in the future: The largest age brackets today are in the 30-34 and 35-39 range. Hello millennials. By the 2030s and 2040s the largest cohorts will be in their 30s to 50s. But look at how the older buckets will slowly fill up over time.

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The 2024 Social Security Cost-of-Living Adjustment (COLA) Is Already Falling Short of Retirees' Needs. Will 2025 Be Better?

The Motley Fool

The Social Security cost-of-living adjustment (COLA) is designed to help retirees keep up with rising costs due to inflation. Unfortunately, that doesn't always work out, and 2024 is shaping up to be another disappointing year for seniors. Retirees have seen their Social Security benefits lose 36% of their buying power from 2000 to 2023, according to research from The Senior Citizens League.

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China and ESG ETFs closures soar in the face of political backlash

Financial Times: Moral Money

Culls have been enacted despite surging enthusiasm for ETFs generally, with 58 successive months of global net inflows

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Social Security Just Reported Some Unexpected Good News

The Motley Fool

"Social Security" and "good news" rarely appear in the same sentence these days. There's a lot of understandable concern about the program's diminishing buying power and its longevity. But the recently released 2024 Social Security Trustees Report brought some positive updates for anyone expecting to depend heavily on the program's benefit checks. Last year's report indicated the combined Social Security trust funds would be depleted in 2034.

Taxes 246
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Pret owner JAB shifts focus to insurance after consumer strategy wobbles

Financial Times M&A

New leaders say steady returns sector offers provide best fit for ‘permanent capital’ of Reimann family

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Takeover interest in UK companies hits highest since 2018

Financial Times M&A

Value of bids for London-listed groups climbs amid a global rebound in mergers and acquisitions

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Are Stocks Going to Crash? This Forecasting Tool Hasn't Been Wrong in 65 Years, and It Has a Sobering Message for Wall Street

The Motley Fool

In case you haven't noticed, the green flag has been waving for optimistic investors for more than a year. Since the start of 2023, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI) , benchmark S&P 500 (SNPINDEX: ^GSPC) , and growth stock-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) have respectively gained 18%, 35%, and 56%, as well as pushed to record-closing highs.

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Prospect conversations: Better to buy two years early than two minutes late

Million Dollar Round Table (MDRT)

By Kennedy Sumarlie, CFP A year ago, I was talking to Mr. Prospect and his wife, who is a foreign citizen, regarding the importance of health insurance. He felt, however, that health insurance was not necessary because he was still young and there were many other more important priorities. A year later, he contacted me because he had a diagnosis of a disease (not critical), but the family immediately thought about the financial impact on them.

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2 Little-Known Social Security Rules Could Get Some Retirees Bigger Benefits

The Motley Fool

Social Security is the cornerstone of many Americans' retirement plans. 59% of retirees say their monthly benefits check is a major source of income, according to an annual Gallup poll. As such, getting the most out of the program is extremely important for the majority of seniors. But that's easier said than done. While all the statistics point to delaying benefits as long as possible in order to maximize your lifetime income from Social Security , very few seniors actually do so.

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Ashley Goodall on “The Problem With Change” and Why Great Leaders Value Stability Over Disruption

Steve Sanduski

Guests: Ashley Goodall , a leadership expert and the author of a thought-provoking new book, The Problem with Change: And the Essential Nature of Human Performance. In a Nutshell: The tech boom popularized the idea that companies have to move fast, break things, and disrupt before they’re disrupted. But change for the sake of change can be a catalyst for confusion.

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Buying This Stock-Split Stock 4 Years Ago Was a Genius Move. Can It Still Be a Millionaire-Maker?

The Motley Fool

If you had to name a stock that's turned $1,000 into more than $50,000 in the last four years, you'd probably guess a disruptive technology company doing something with software or AI. But one company that was able to pull off that remarkable feat did it without any dramatic technological innovations. That's Celsius Holdings (NASDAQ: CELH) , the energy drink maker that has been one of the top-performing stocks of the last four years.

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Individual Stock Risk

Tobias Financial

We recently had our Quarterly Market Update Webinar, which you can replay here. However, we are excited to delve deeper into a crucial aspect of investing with our Portfolio Manager, Charles “Chad” NeSmith, CFA, CFP®. Chad is here to provide some extra credit by discussing individual stock risk compared to the risk associated with holding mutual funds or ETFs.

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3 Banking Habits of Millionaires

The Motley Fool

Image source: Getty Images When you think about millionaires, you might assume they spend their time in private jets, flying around the world sipping champagne, and snacking on caviar. The reality is that many self-made millionaires got there by being frugal, making consistent investments, and avoiding unnecessary spending. But what can we learn from their banking habits?

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Weave Living and KKR Establish Urban Living Strategic Partnership in South Korea

KKR

The venture will target to build an initial portfolio of c.1,200 units primarily in Seoul SEOUL, South Korea--(BUSINESS WIRE)-- WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, today announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul.

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Bitcoin Just Got a Big New Buyer. Should You Follow Its Lead?

The Motley Fool

The price of Bitcoin (CRYPTO: BTC) is primarily determined by the law of supply and demand. Since there's a fixed supply of the cryptocurrency, growing demand will lead to a higher price. And demand could be increasing due to a big new buyer. Jack Dorsey, the CEO of fintech Block (NYSE: SQ) , devoted his entire first-quarter letter to shareholders to talk about Bitcoin.

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SunFire Announces Investment from KKR

KKR

NEW YORK--(BUSINESS WIRE)-- SunFireMatrix, Inc. (“SunFire” or the “Company”), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced today that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a.

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4 Reasons to Buy Ethereum Like There's No Tomorrow

The Motley Fool

Ether (CRYPTO: ETH) , the largest cryptocurrency of the open-source Ethereum network, has rallied nearly 70% over the past 12 months. However, it's still trading about 35% below its all-time high of $4,815, which it reached during the apex of the buying frenzy in cryptocurrencies in November 2021. Some bullish investors believe Ether's price could soar even higher.

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Guesty Raises $130M to Accelerate Global Expansion

KKR

New York, NY, April 10, 2024 - Guesty, the leading property management software platform for the short-term rental (“STR”) and hospitality industry, today announced a $130M Series F funding round led by leading global investment firm KKR.

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A Once-in-a-Generation Investment Opportunity: 50 Billion Reasons Why Amazon's Story Just Keeps Getting Better.

The Motley Fool

Over the last year or so, many technology companies have made a splash in the world of artificial intelligence (AI). Microsoft really kicked things off following an investment in OpenAI, the start-up behind ChatGPT. For a brief moment, it looked like Microsoft may have outmaneuvered its big tech peers. However, e-commerce and cloud computing giant Amazon (NASDAQ: AMZN) has started to emerge as formidable competitor in the AI realm.

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KKR & Co. Inc. to Announce First Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the first quarter 2024 on Wednesday, May 1, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Wednesday, May 1, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (877).

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Is It Too Late to Buy Apple Stock?

The Motley Fool

Being a shareholder of Apple (NASDAQ: AAPL) hasn't been easy over the last year. The stock has risen 5% since last May, which is abnormal for a company that regularly outperforms the S&P 500 (which grew 25% in the same period). Spikes in inflation in 2023 caused reductions in consumer spending, leading Apple to post four consecutive quarters of revenue declines.

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KKR and Impilo Announce Strategic Partnership Together With Management in Rare Disease Platform Immedica Pharma

KKR

STOCKHOLM & LONDON--(BUSINESS WIRE)-- Investment funds managed by KKR, a leading global investment firm, have agreed to acquire Immedica Pharma, a pharmaceutical company headquartered in Stockholm, Sweden, focused on the commercialization of medicines for rare diseases and specialty care products. Existing owner, Nordic healthcare investment firm Impilo, will reinvest to become an equal owner.

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Yikes! 20 States Where Car Insurance Costs Over $3,000 a Year

The Motley Fool

Image source: Getty Images Car insurance rates continue to creep up, and in some states, drivers could buy a used vehicle for less than it'll cost them to insure it for a year. Right now, there are 20 states with average annual premiums over $3,000 -- and drivers in one state pay close to double that. This isn't always due to factors that residents can control.

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Acceptance period for KKR’s voluntary public takeover offer for ENCAVIS AG commences

KKR

24 April 2024 – Elbe BidCo AG (the “Bidder”), a holding company controlled by investment funds, vehicles and accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. and its affiliates (collectively, “KKR”), today published the offer document for its voluntary public takeover offer (the “Takeover Offer”) for the shares (ISIN: DE0006095003) of ENCAVIS AG (“Encavis”) following the approval by the German Federal Financial Supervisory Authority (“BaFin”).

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Could the Biden Administration's Latest Move Send Aurora Cannabis Stock Soaring?

The Motley Fool

Thus far, 2024 has been an exceptional year for Aurora Cannabis (NASDAQ: ACB) stock. Up more than 40%, it's been generating some impressive returns for investors. And recent developments involving rescheduling marijuana in the U.S. has gotten investors even more bullish about the stock and its long-term prospects. Could the Biden Administration's latest move, to reclassify marijuana as a Schedule III substance, from its current Schedule I status, lead to even greater returns for Aurora Cannabis

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KKR to Acquire $1.64 Billion Student Housing Portfolio from BREIT

KKR

NEW YORK--(BUSINESS WIRE)-- KKR and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion. The over 10,000-bed portfolio is comprised of 19 purpose-built, premium student housing assets anchored to 14 leading four-year.

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This 7.2%-Yielding Dividend Stock Is a Well-Oiled Income Machine

The Motley Fool

Enbridge (NYSE: ENB) has been one of the steadiest companies in the energy sector over the years, and 2023 was its 18th straight year of achieving its financial guidance. It's well on its way to delivering on its objectives this year, given its strong showing in the first quarter. That quarter's report once again displayed Enbridge's strength by underscoring the view that the utility and pipeline operator can continue paying an attractive and growing dividend.

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European Value-for-Money Optical Platform nexeye to be Acquired by KKR from 3i, Accelerating its Strategic Growth Ambitions

KKR

Gorinchem (NL) / London (UK), 25 April 2024 – nexeye (the “Company” or “Group”) today announced that a definitive agreement has been signed whereby investment funds and accounts managed by KKR agreed to acquire the Company from investment firm 3i Group plc.

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Billionaire Stan Druckenmiller Cut His Massive Nvidia Position. Here's Why.

The Motley Fool

Stan Druckenmiller is an incredible investor with a long track record of producing outsize gains in the financial markets. He worked with George Soros in the '90s, famously shorting the British pound. At the same time, he ran his own hedge fund, Duquesne Capital Management, which produced an average return of 30% per year without a single down year in the 30 years he operated it.

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MEDIAWAN ANNOUNCES COMBINATION WITH LEONINE, ONE OF THE LARGEST INDEPENDENT STUDIOS IN THE GERMAN-SPEAKING MARKET

KKR

Paris and Munich, April 28th, 2024 - Mediawan and Leonine Studios ("Leonine") today announced the signing of a definitive agreement for Leonine to combine forces with Mediawan in an all-stock transaction. The combination will foster even closer collaboration between the businesses and establish Mediawan as a premier studio with a global presence across 13 countries, 85 labels, a catalogue of ~30,000 hours of premium content and revenue exceeding €1 billion.

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Can GM Steal Ford's Secret Weapon?

The Motley Fool

They say imitation is "the sincerest form of flattery that mediocrity can pay to greatness," and that might be playing out between Detroit's two largest automakers right now. General Motors (NYSE: GM) has seen the success of Ford Motor Company (NYSE: F) in one specific aspect, but can it copy that? What's Ford doing? A decade ago, investors almost viewed an automaker's fleet and commercial business as dirty work.

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KKR’s Henry McVey Says Insurance CIOs Plan to Increase Allocations to Non-Traditional Assets

KKR

Proprietary Survey Highlights Why There is “No Turning Back” to Traditional Asset Allocation After the Recent Surge in Interest Rate Volatility NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “No Turning Back,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

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Should You Buy the 3 Highest-Paying Dividend Stocks in the S&P 500?

The Motley Fool

The S&P 500 fell 4.2% in value last month. According to S&P Global, "Geopolitics, rising government bond yields, inflation and monetary policy concerns are behind the recent drops, yet stocks may still have room to rise again." After the drop, three iconic dividend stocks now pay huge yields between 6.5% and 9%. If you're looking for big dividends , this is your chance.

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