Reversal of Fortune How volatile is the stock market — and specifically, tech stocks — these days? Consider the fortunes of ARK Invest’s Cathie Wood: Cathie Wood, increasingly nicknamed “Queen Cathie” by traders on Reddit, is turning into the new stock market Oracle. Hundreds of millions of dollars poured into her family of five ETFs...Read More
No Bombshells in Warren Buffett’s 2020 Letter to Shareholders [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] Unless “steer clear of bonds” is a news flash, Warren Buffett’s just-released 2020...Read More
Berkshire Hathaway 2020 (Virtual) Annual Meeting [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] Perhaps the biggest news from Berkshire Hathaway’s (online) annual meeting yesterday was Warren Buffett’s bearish...Read More
“Beware Wall Streeters Bearing Fees” [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] Fans of Warren Buffett’s annual letter to shareholders won’t be disappointed: the just-released 2019 Letter is one...Read More
Headline: “Kirstjen Nielsen Out as Trump’s Homeland Security Secretary” [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] I’m not exactly sitting by my phone, waiting for the call. But if...Read More
Warren Buffett Goes Green (Metaphorically) in 2018 Annual Berkshire Hathaway Shareholder Letter [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] What stood out (at least to me) in this year’s...Read More
