September 1st, 2010 by jwolinsky
Whitney Tilson the famed value investor, and author of Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger , More Mortgage Meltdown: 6 Ways to Profit in These Bad Times and Value Investing Course: Essential Strategies for Market-beating Returns was recently interviewed on CNBC. Tilson thinks the penduleum might be swinging in favor of stocks [...]
August 23rd, 2010 by jwolinsky
Warren Buffett recently purchased a roughly $200 million stake in Information-technology provider Fiserv Inc.m a provider of information technology to the financial industries. With a share price of $51.01, Fiserv stock trades at just over 15 times earnings, and has underperformed the S&P 500 over the past year. Brave warrior advisors, the firm run by [...]
August 4th, 2010 by jwolinsky
While word has spread that Li Lu is considered to be the next CIO for Berkshire Hathaway, there seems to be some confusion in the media. Munger mentioned that Lu will likely take over as Chief Investment Officer for Berkshire Hathaway however no mention was made of who will replace Buffett as CEO. It seems [...]
July 30th, 2010 by jwolinsky
In a shocking article in the WSJ today, Charlie Munger announced who would take over for Buffett. “In my mind, it’s a foregone conclusion,” Mr. Munger said. Buffett, and Lu have both refused to comment. This is not news for Value Walk readers. I have written several articles in the past few months stating that [...]
July 28th, 2010 by jwolinsky
Big H/T to http://warrenbuffettresource.wordpress.com/the-man/books-recommended/ for putting together this fabulous, and lengthy list. Over Warren Buffett’s lifetime, “The Oracle of Omaha” has suggested several books that he thinks is valuable to the investor. Below is a list of Warren Buffett’s recommended reading list. While I have not read all these books, they do not need my endorsement as [...]