When genius falters
Article Abstract:
Berkshire Hathaway did not perform well in 1999, and Warren Buffett has shown that the greatest investors in the world is not always able to forecast markets. Berkshire acquired General re in Dec 1999 in a move that involved poor timing. Stakes in Coca-Cola, Gillette and Freddie Mac have fallen, and Berkshire's result for 1999 was the worst since 1965 when Buffett took over. Berkshire has still a compounded value per share rising by 24% annually since 1965.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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Credit where credit's due
Article Abstract:
Credit ratings are important for investors in bond funds, but this concept is less well understood in the UK than in the US. Speculative investments are those with a rating below BBB, while AAA investments are considered safe. Rating agencies examine factors such as cash flow, debt levels, and different classes of liability. When bond funds are rated the components of the fund are assessed and the fund manager's experience is also taken into account.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Gearing up for it
Article Abstract:
The importance of gearing for investment trusts is examined in detail, with an assessment of different gearing methods.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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