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Hektor

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Everything posted by Hektor

  1. https://www.wsj.com/finance/berkshire-hathaway-annual-meeting-romance-25eb77fc How Berkshire Hathaway’s Annual Meeting Became a Hotspot for Romantic Mergers Warren Buffett himself has jumped in to serve as a wingman at the famous Omaha gathering Buffett has been the wingman on proposals, including once for his grandnephew Alex Rozek, who wanted to propose to his girlfriend, Mimi Krueger, at the 2009 shareholder meeting. “Just ask how we’re going to get the economy back on track,” Rozek recalls Buffett advising him. When the day arrived, Rozek and Krueger were in the audience when Buffett said there was time for one more question. Rozek delivered his line. “I was sitting there with my head in my hands trying to disappear,” she recalls. “I was like, oh my God…what is he doing?” Buffett replied that “household formations” would help—and asked if that gave Rozek any ideas. “I think so,” Rozek said. “Mimi, you’re my best friend. Would you be my wife?” The crowd applauded as she took in what had happened, and gave a resounding, “Yes.”
  2. Many years ago, I had set the prompt for printed materials no proxyvote, and it has stuck so far
  3. https://www.wsj.com/economy/central-banking/us-gdp-economy-first-quarter-2024-1675df05 U.S. Economic Growth Slows to 1.6% in the first part of the year, falling short of economists’ expectations.
  4. Hektor

    China

    Also important to note that the CEO of TikTok USA, from what I can see, is moving around freely, does not plan to make a career switch into teaching or agriculture.
  5. Hektor

    China

    Not my opinion. It’s an excerpt from the article, so that one can decide to click and read more or simply ignore
  6. Hektor

    China

    https://www.barrons.com/amp/articles/china-growth-forecasts-alibaba-stock-155814f4 Chinese growth blew past expectations in the first quarter, but official figures of gross domestic product (GDP) released Tuesday belie wider weakness in the world’s second-largest economy, including persistent pressures from the property sector. Analysts see China’s economic recovery—on which the fortunes of some widely-held stocks rest—as fragile.
  7. Hektor

    China

    I might have read your edited version. Not sure what the edits were @Sweet, but what you wrote made sense to me
  8. https://www.thehindu.com/news/national/karnataka/air-india-and-bial-sign-agreement-to-make-bengaluru-premier-aviation-hub-of-south-india/article68042257.ece Air India and BIAL sign agreement to make Bengaluru premier aviation hub of south India. This includes strengthening the group’s presence at Kempegowda International Airport (KIA) through an enhanced network and establishing a dedicated domestic lounge for premium and frequent travellers of Tata Group airlines Air India and Vistara.
  9. https://www.thehindu.com/news/national/karnataka/air-india-and-bial-sign-agreement-to-make-bengaluru-premier-aviation-hub-of-south-india/article68042257.ece Air India and BIAL sign agreement to make Bengaluru premier aviation hub of south India. This includes strengthening the group’s presence at Kempegowda International Airport (KIA) through an enhanced network and establishing a dedicated domestic lounge for premium and frequent travellers of Tata Group airlines Air India and Vistara.
  10. Hektor

    India

    https://www.thehindu.com/news/national/karnataka/air-india-and-bial-sign-agreement-to-make-bengaluru-premier-aviation-hub-of-south-india/article68042257.ece Air India and BIAL sign agreement to make Bengaluru premier aviation hub of south India. This includes strengthening the group’s presence at Kempegowda International Airport (KIA) through an enhanced network and establishing a dedicated domestic lounge for premium and frequent travellers of Tata Group airlines Air India and Vistara.
  11. https://www.barrons.com/articles/berkshire-hathaway-geico-progressive-stocks-c03bcdf4 A 20% Job Cut at Berkshire’s Geico Highlights Challenge for Car Insurer The company, formerly one of the fastest-growing big car insurers, has been shrinking in the past two years. Geico reduced its staffing by 20% during 2023, giving up more than a percentage point of market share, as the auto insurer moved to retrench and regain profitability. It is the latest twist in a rivalry among some of the top companies in the car-insurance industry. Geico, formerly one of the fastest-growing big players and the jewel of Berkshire Hathaway ’s vast insurance operations, has been shrinking in the past two years. Its archrival, Progressive, has been expanding profitably and seeing its stock price surge.
  12. Hektor

    China

    https://www.bloomberg.com/news/articles/2024-04-01/investors-are-unwinding-the-buy-india-sell-china-stocks-trade Investors Are Unwinding the ‘Buy India, Sell China’ Stocks Trade. Nascent recovery shows improving risk-reward of Chinese stocks. The nascent swing highlights how funds are starting to buy into the narrative that China’s policy support will be enough to revive growth. More than 90% of emerging market funds are adding back their positions in mainland Chinese shares, which were underweight, while also dialing back exposure to India, according to HSBC Holdings Plc. Global investors were net buyers of onshore shares via a link with Hong Kong for a second straight month in March, a feat last seen in June and July.
  13. Hektor

    China

    https://www.bloomberg.com/news/articles/2024-04-01/iron-ore-sinks-to-10-month-low-on-gloom-over-china-construction Iron Ore Sinks to 10-Month Low on Gloom Over China Construction ‘A return to basics and fundamentals,’ says Navigate’s Widnell Weak demand and rising supply send prices below $100 a ton Iron ore dropped to the lowest level in 10 months as the steelmaking material faced a double whammy of limp Chinese construction activity and a renewed surge in supply. Futures in Singapore slumped through $100 a ton early Monday, tumbling almost 4%. China’s years-long property crisis is still wreaking havoc on demand, while rising availability is compounding the pressure on prices. “The move in iron ore this morning represents a return to basics and fundamentals,” Atilla Widnell, managing director at Navigate Commodities Pte, said by email. A rebound in shipments of the raw material from Australia is likely to make port-side inventories in China even more bloated, he said.
  14. Hektor

    China

    https://www.bloomberg.com/news/articles/2024-03-31/china-s-industrial-upswing-is-latest-sign-of-economic-recovery
  15. Hektor

    China

    https://www.wsj.com/world/china/chinas-recovery-picks-up-as-stimulus-measures-sink-in-8e0d4678
  16. Hektor

    China

    https://www.nytimes.com/2024/03/22/technology/china-ai-talent.html
  17. Hektor

    China

    https://finance.yahoo.com/news/china-loosens-cross-border-data-134027656.html
  18. How about Jamie Dimon? Or Todd Combs (if not now, then sometime in the future)?
  19. Or they might be here, but we did not find them
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