Charting A Decade Of Yuan Moves

China’s central bank has taken global markets by surprise with a historic shift in its management of the yuan. On Tuesday, the People’s Bank of China adjusted the yuan’s central parity – a daily fixing used to guide trading – down 1.9 percent.

H/T Barry Ritholtz

Charting A Decade Of Yuan Moves

Warren Buffett: If You Own A Good Business, Keep It

Berkshire Hathaway Warren BuffettBuying private businesses is easier than acquiring public firms, and investors should avoid selling good investments at all costs, according to the Oracle of Omaha, Warren Buffett. Q2 2020 hedge fund letters, conferences and more In an interview with CNBC in March 2013, Buffett was asked if he was looking at any businesses, in particular, Read More

Source: Bloomberg Brief