Warren Buffett, arguably the most famous “value investor”, recently discussed high quality stocks. In a letter to shareholders, he explained how Charlie Munger taught him the true meaning of value: “More than 50 years ago, Charlie told me that it was far better to buy a wonderful business at a fair price than to buy… Continue Reading
Investing and Global Finance News
Geoffrey Richards on Job Preservation
Geoff Richards, Principal at William Blair & Co., was listed amongst the 40 Under 40 honorees in 2009. In an interview with Chicago Business News, Richards explained what motivates him, and why he dedicates so much of his time to job preservation. William Blair & Co. is a financial services company focused primarily on money… Continue Reading
Small Business Advice for Natural Disasters
This year has seen its fair share of natural disasters, including the two storms Sandy and Nemo. Now, the United States are preparing for winter storm ‘Q’, which is expected to hit at the end of the week. These incidents have a direct impact on business throughout the country. Small businesses are especially affected. According… Continue Reading
The iWatch: Apple’s Newest Project
According to Nick Bilton of the New York Times, Apple is currently working on a new project: an iWatch. Utilizing curved glass the perfectly fit a person’s wrist, these “smart watches” may not yet be in actual development. Bilton explains: “In its headquarters in Cupertino, California, Apple is experimenting with wristwatch0like devices made of curved… Continue Reading
Liberty Global to Buy Virgin Media for $16 Billion
Joe Malone’s Liberty Global Inc. announced that it will be acquiring Virgin Media Inc. in a $16 billion deal. According to the cable TV operator, it will be paying $5.9 billion in cash. The rest of the payment will be in stock for Virgin Media. The development will up the competition between Malone and fellow… Continue Reading
Why You Should Buy the New Office 365 Home Premium Edition
Microsoft has just released its newest version of Office; Office 365 Home Premium Edition. After using it for several days, Business Insider discussed the seven reasons everyone should purchase it. The first is that it is a good value. “Office 365 includes Word, Excel, PowerPoint, Access, Publisher, OneNote and Outlook. The Home Premium version costs… Continue Reading
CCL To Acquire Two Avery Dennison Businesses
Pasadena-based Avery Dennison Corp. recently announced that it will be selling two of its businesses to CCL Industries Inc. for $500 million in cash. The transaction comes only three months after 3M gave up on its plans to purchase Avery Dennison’s office and consumer products unit. The deal was abandoned because the U.S. Department of… Continue Reading
Liz Neumark’s Five Seeds to Sprouting Success
In a recent article for Forbes, entrepreneur Julia Pimsleur summarized some tips from the recent WEF3. Liz Neumark, keynote speaker at the event, offered “5 Seeds to Sprout Success.” Neumark, who started a small catering business back in 1979, has since been listed among New York’s top companies in the field. Pimsleur reveals Neumark’s five… Continue Reading
Fortescue Metals Group Announces Quarterly Gains
This Thursday, Fortescue Metals Group Ltd. announced a 32% jump in iron-ore monthly shipments. The increase is a result of improved steel demand from China. According to company reports, Fortescue shipped 19.6 million metric tons during the second quarter, up from 14.8 million during the previous year. The average price per ton was $111, while… Continue Reading
Financial Secretary Speaks at Asia Private Equity Forum 2013
Yesterday, the Hong Kong Venture Capital and Private Equity Association hosted the Asia Private Equity Forum 2013 in cooperation with the Asian Financial Forum. Hundreds of guests attended the event, including major financial firms and investment companies like Oasis Investments Limited and LGT Capital Partners, a company that develops strategies for private equity and hedge funds.… Continue Reading