None of the investments were especially large by Berkshire Hathaway standards. Still, given that Buffett had been steadfastly warning investors away from the airline industry for more than a decade, this apparent change of heart was especially momentous.
I'm a buy-and-hold investor, but that doesn't mean that I plan to hold every stock in my portfolio forever. On the other hand, I could see myself holding onto some of the stocks I own for decades to come.
Growth stocks don't always have to be tiny upstarts, with a big risk of falling flat. As a matter of fact, some of the best growth stocks are established companies, and often with dominant market positions in their industries.
Even with the Fed bumping rates twice in 2016, and multiple rate hikes likely at some point this year, interest rates remain at some of the lowest levels in decades. And those low rates are good for business in a lot of different ways.
Warsaw's bluechip stock index had fallen 1.4 percent by 1435 GMT, led by PKO BP bank, which retreated from 21-month highs and fell 1.6 percent. The index hit an 18-month high in the previous session when other indices in the region were already retreating from their highest levels since 2015, or from a record high in the case of Budapest.
That's the question Paul Britton, founder of the $3.4 billion volatility hedge fund Capstone Investment Advisors, says he has heard most often from clients this year. His response? Don't get complacent, because there's a bumpier ride ahead.
NEW YORK, Feb 17 Speculators reduced bullish bets on the U.S. dollar to their lowest in four months, cutting net longs for a sixth straight week, according to Commodity Futures Trading Commission data released on Friday and calculations by Reuters. The value of the dollar's net long position totaled $14.99 billion in the week ended Feb. 14, down from $17.07 billion the previous week.
Reports that the two main left-leaning candidates in France's election are holding talks on possible cooperation, which could put one of them in contention to reach the election runoff, dampened risk appetite overnight. British 10-year government bond yields fell to a three-month low on Friday after data showed shoppers unexpectedly spent less in January, while German government bonds were also boosted by nervousness over the French election.
Trader Gregory Rowe, center, works on the floor of the New York Stock Exchange, Friday, Feb. 17, 2017. Stocks are posting moderate declines in early trading as a fast-paced market rally of the past two weeks goes into reverse.