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Thursday, 14 November 2013
Buffett gets a boost with DISH
DISH Network Corp (NASDAQ:DISH). The stock rose +4.91 to $49.77 after presenting a great Q3 performance. Billionaire Julian Robertson holds purchased 443,000 shares (2.39% of his fund), acquired for $39.38 each last quarter. Another important investor with a position in DISH is Warren Buffett, who holds 547,000 shares, also acquired during last quarter for $39.38. The position represents 0.03% in Buffett’s portfolio.
Sources:...
Soros Loses on Rackspace and THM
Today’s midday gainers are InterOil Corporation (NYSE:IOC), Western Refining, Inc. (NYSE:WNR), DISH Network Corp (NASDAQ:DISH) and midday losers are Sarepta Therapeutics Inc (NASDAQ:SRPT), Rackspace Hosting, Inc. (NYSE:RAX), International Tower Hill Mines Ltd (NYSEMKT:THM).
The stock with a major gain today is InterOil Corporation (NYSE:IOC). The energy company surged +21.44% ($81.42) after reporting solid Q3 earnings. Billionaire John Paulson...
Marc Faber : World dangerously awash in credit
If we take total credit as a percentage of the economies of the most advanced economies then total credit as a percent of the economies is now thirty percent higher than in 2007 when the last crisis occurred and say in China credit as a percent of the economy has been growing over the last four and half years by fifty percent , this is unprecedented it is a gigantic credit bubble
Source: http://www.bnn.ca/News/...
Jim Rogers: Change is Coming, so know to think against the crowd, the crowd is nearly always wrong
-“…if everybody says the sky is blue, I at least urge you to go and look out the window and see if it’s blue because I have found that most people won’t even bother to look out the window…”
-“…no matter what we all know today, it’s not going to be true in 10 or 15 years…”
-“Eventually the markets will just say, ‘We’re not going to play this game anymore’, and we’ll have a serious collapse.”
-“We’ve got to stop this, this is going to be bad."
-“Eventually...
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