These are “wonderful businesses” Buffett states, explaining his analysis of them “they require no net tangible assets,” and “no fixed assets really required,” and noting the combined are valued at “well over 2 trillion dollars”
Warren Buffett: “These Wonderful Businesses Take No Capital” – Facebook, Apple, Google, Alphabet, Microsoft
Sabrepoint Capital Is Shorting SPACs For 2021
Sabrepoint Capital Partners was up 16.18% for the fourth quarter, bringing its full-year return to 27.49% for 2020. The S&P 500 Total Return Index gained 17.4% during the year. The fund with $300 million in assets under management reports that its long positions contributed 55.2% to its 2020 return, while its shorts subtracted 16.7%. Q4 Read More
