3 Stocks That Big Investors Like /Are Buying

When investment pros such as Warren Buffett, George Soros and Leon Coopermanput their money behind a company, it’s worth noting — especially when they do it together.

Of course, Wall Street’s best and brightest aren’t always in agreement, and when they’re not, things can get pretty heated. Take, for example, Bill Ackman and Carl Icahn‘s epic showdown overHerbalife (HLF) or Dan Loeb’s sharp criticism of Warren Buffett.

Warren Buffett picked up a stake in 21st Century Fox (FOXA) in late 2014, and in 2015, he has continued to increase his position and now owns over 6.2 million shares.

During the first quarter of the year, Leon Cooperman joined the Oracle of Omaha in betting on FOXA with the purchase of 2.6 million shares, and Chase Coleman’s Tiger Global maintained its position of 16.8 million shares.

On June 11, news broke that Rupert Murdoch is preparing to step down as CEO of 21st Century Fox and hand over the reins to his sons, James and Lachlan. The company confirmed Tuesday that James will succeed his father as chief executive.

One interesting fact about how Murdoch’s exit will affect Buffett: Once Murdoch steps down, Buffett will increase his lead as the oldest CEO in the S&P 500

Adreas Halvorsen’s biggest new buy of the first quarter of 2015 was AIG (AIG – Get Report), of which he picked up 8.4 million shares valued at upwards of $460 million. Fellow hedge funder John Paulson picked up an even bigger stake in the insurance company, purchasing 14.6 million shares. Larry Robbins increased his position to 6.5 million shares, and Dan Loeb left his holdings untouched at 3.5 million shares.

In other words, AIG is pretty popular among Wall Street pros.
AIG made headlines Monday when a federal judge ruled that the U.S. acted beyond the bounds of its authority in its 2008 bailout of the company; however, the judge did not award any damages to former AIG chief executive, Hank Greenberg, who sought to win at least $25 billion for shareholders.

Through market close Wednesday, AIG’s stock has climbed more than 10% year-to-date.

The cheaper Chesapeake Energy (CHKGet Report) becomes, the more Carl Icahn buys — or that’s at least how it seems. The vociferous billionaire investor raised eyebrows in March when a regulatory filing revealed he had increased his stake in the energy company. He owns more than 73 million CHK shares, giving him an 11% stake.

Ray Dalio’s Bridgewater Associates also upped the ante in Chesapeake Energy this year. In the first quarter, the fund nearly doubled its position. It owns about 450,000 of the company’s shares.

Chesapeake, a producer of natural gas, oil and natural gas liquids, has been hit hard by falling oil prices. Through market close Wednesday, its stock has declined 60% over the past year, including about 38% in 2015 alone.

Analysts at Oppenheimer downgraded the stock to perform from outperform on June 11. “Based on the future strip benchmark oil and gas prices, we expect CHK to report losses of $544M this year and $833M next year, or $0.58 per share and $0.84 per share, respectively,” the firm said in an analyst note.

Warren Buffett BERKSHIRE HATHAWAY INC. SHAREHOLDER LETTERS

BERKSHIRE HATHAWAY INC.

SHAREHOLDER LETTERS

Many of the letters below are presented in PDF format. If you do not have Adobe Acrobat® Reader® software on your computer, use the link to go to Adobe’s web site for a free download.     Adobe
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For shareholders and others who are interested, a book that compiles the full unedited versions of each of Warren Buffett’s letters to shareholders between 1965 and 2012 is available for sale at this link.

 

ALL SHAREHOLDER LETTERS INCLUDE COPYRIGHTED MATERIAL REPRODUCED WITH PERMISSION

 

 

Warren Buffet’s Advice For Aspiring Millionaires

Buffet’s Advice: Any financial advisor who doesn’t suggest that you (a) diversify your investments and (b) use offshore banking and offshore incorporation in some way – is doing you a serious disservice.
from Advice for The Middle Class Aspiring Millionaires

Warren Buffett Has Some Brilliant Advice For Investors Freaked Out About GeoPolitics

warren buffett

AP Images

Warren Buffett.

2014 has been unnerving.Every day, a new worrisome headline comes out of Russia, Iraq, Libya, the Gaza Strip, or any of the world’s other geopolitical hotspots. And there’s the ongoing fears of an Ebola outbreak in West Africa, an unstable volcano in Iceland, and the ever-present risk of a solar flareknocking out the world’s communications networks.

We’re now reading that Russia is invading Ukraine, which has caused U.S. stock market futures to tank.

So, what are investors to do?

Warren Buffett would probably recommend taking a step back, reflecting on history, and then looking to the future.

Any financial advisor who doesn’t suggest that you (a) diversify your investments and (b) use offshore banking and offshore incorporation in some way – is doing you a serious disservice. from Advice for The Middle Class “Aspiring Millionaires “http://taxhavenguru.wordpress.com/

During the darkest days of the financial crisis in 2008, Warren Buffett wrote a brilliant op-ed for The New York Times, reminding us that bad things happen all of the time. Here’s an excerpt:

A little history here: During the Depression, the Dow hit its low, 41, on July 8, 1932. Economic conditions, though, kept deteriorating until Franklin D. Roosevelt took office in March 1933. By that time, the market had already advanced 30 percent. Or think back to the early days of World War II, when things were going badly for the United States in Europe and the Pacific. The market hit bottom in April 1942, well before Allied fortunes turned. Again, in the early 1980s, the time to buy stocks was when inflation raged and the economy was in the tank. In short, bad news is an investor’s best friend. It lets you buy a slice of America’s future at a marked-down price.

Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

Buffett made a similar statement in his 1994 letter to Berkshire Hathaway shareholders:

We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen. Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%.

But, surprise — none of these blockbuster events made the slightest dent in Ben Graham’s investment principles. Nor did they render unsound the negotiated purchases of fine businesses at sensible prices. Imagine the cost to us, then, if we had let a fear of unknowns cause us to defer or alter the deployment of capital. Indeed, we have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.

http://taxhavenguru.wordpress.com/

Warren Buffett Has Some Brilliant Advice For Investors Freaked Out About Geopolitics

Canada To Start Keystone Pipeline Construction – Defy Obama

Canada To Start Keystone Pipeline Construction – Defy Obama
fox.com.sundaytimesdaily.com
Prime Minister Stephen Harper announced from Ottawa, that Canada would permit the Keystone Pipeline construction. Canada and affected States will allow construction in both the…
go to Facebook – Jack Bass page for full story

WARREN BUFFET Update on Exxon Purchase

 

13F filings came out last week and the most notable stock purchase came from one Warren Buffett.

 

Buffett revealed his largest new stock acquisition in more than two years when his quarterly filing revealed Berkshire Hathaway (BRK.A) (BRK.B) had accumulated a $3.4 billion position in Exxon Mobil (XOM).

 Buffett believes that oil prices are going higher in the future.  His partner Charlie Munger:

“Oil is absolutely certain to become incredibly short in supply and very high priced. The imported oil is not your enemy, it’s your friend. Every barrel that you use up that comes from somebody else is a barrel of your precious oil which you’re going to need to feed your people and maintain your civilization. And what responsible people do with a Confucian ethos is suffer now to benefit themselves and their families and their countrymen later. The way to do that is to go very slow in producing domestic oil and not mind at all if we pay prices that look ruinous for foreign oil.

It’s going to get way worse later …

The oil in the ground that you’re not producing is a national treasure … It’s not at all clear that there’s any substitute [for hydrocarbons]. When the hydrocarbons are gone, I don’t think the chemists are going to be able to just mix up a vat and create more hydrocarbons. It’s conceivable that they could, I suppose, but it’s not the way to bet. We should spend no attention to these silly economists and these silly politicians that tell us to become energy independent.

Of course it is possible Warren Buffett is wrong – do you want to be on the other side of that contract ?

What Is A Bond Investor To Do ? Guidelines

Bond returns are at record lows.

Bond investors must consider a switch of some funds into equities but conservative investors fear the stock market is a Jedi Knight turned to the Dark Side waiting to swoop down and destroy their portfolio. You must act to preserve your ” buying power” but what to do ?

Here is a guideline we suggest for building a portfolio that cuts down risk( risk cannot be eliminated ):

1) limit selections to common stock listed on major exchanges

2) no stock selling for less than $5.00

3) only select companies that are profitable

4) only purchase stocks that are paying a dividend

5) avoid attempts at market timing

The strategy outlined in this  guideline is simple but not easy to follow. For a more detailed explanation of selection criteria please refer to The Apprentice Millionaire Portfolio available from amazon.com

Portfolio  Management : Engagement Process for Jack A. Bass Managed Accounts

The Engagement Agreement authorizes us to officially act on your  behalf and also provides for protection of confidentiality in regards to the dissemination and distribution of your sensitive financial information.Generally you will name Jack A. Bass as a person allowed to trade your portfolio – BUT without any authority to remove funds from your account.

Due Diligence. Once our company is engaged, we undertake the required due diligence to confirm and verify the necessary information required to execute your request.

Evaluation. After due diligence we evaluate your / your  company’s current value and estimate future value based on recent market and other comparable data.

Fees. Engagement Fees are  NOT based on the number of hours and direct costs required to complete due diligence, perform an evaluation, and prepare the necessary information to support your request that we act for you.Our initial review: this includes performing financial analysis, conduct competitive comparisons, in- depth financial reviews, and validating the necessary information to prepare the most compelling portfolio related to your needs.

We earn our fees by performance :

1 % per year as administration

20 % of annual portfolio gains calculated twice a year

There is no cost or obligation to contact us at info@jackbassteam.com ( or call Jack directly at 604-858-3202 – same time zone as Los Angeles)

Main website http://www.jackbassteam.com

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