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2021-06-15

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the way","listText":"Banking the way","text":"Banking the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/523674880083496","repostId":"1136412159","repostType":2,"repost":{"id":"1136412159","kind":"news","weMediaInfo":{"introduction":"Go Trading Go","home_visible":1,"media_name":"Trading Random","id":"1081967000","head_image":"https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544"},"pubTimestamp":1768875242,"share":"https://ttm.financial/m/news/1136412159?lang=en_US&edition=fundamental","pubTime":"2026-01-20 10:14","market":"sg","language":"en","title":"With SG's Banking Stocks Scaling Unprecedented Peaks, Do These Equities Still Present A Compelling Buying Opportunity?","url":"https://stock-news.laohu8.com/highlight/detail?id=1136412159","media":"Trading Random","summary":"Singapore's three largest banks are hovering near unprecedented price levels, presenting dividend-focused investors with a recurring quandary: purchase shares immediately or hold out for a potential...","content":"<html><head></head><body><p>Singapore&#39;s three largest banks are hovering near unprecedented price levels, presenting dividend-focused investors with a recurring quandary: purchase shares immediately or hold out for a potential price dip?</p><p>As of the previous Friday, the share prices of DBS Group (SGX: D05) and Oversea-Chinese Banking Corporation (SGX: O39) were tantalizingly close to their historical peaks.</p><p>United Overseas Bank (SGX: U11) lags a bit further behind but still remains within a 6.2% margin of its highest-ever valuation.</p><p>When evaluated by the price-to-book (P/B) ratio, all three financial institutions are trading significantly above their long-term historical averages.</p><p>DBS currently sports a P/B ratio of approximately 2.4, starkly contrasting its long-term average of 1.45. OCBC is trading at around 1.6 compared to an average of 1.1, while UOB commands a ratio of about 1.3, which is also above its historical norm of 1.1.</p><p>Given these elevated valuations, a critical question emerges: can Singaporean banks still generate satisfactory returns for investors primarily seeking income?</p><h2 id=\"id_3562264948\">The Earnings Picture is Shifting</h2><p>Bank revenues are fundamentally derived from two primary streams: net interest income (NII) originating from lending activities, and non-interest income generated by services such as wealth management, card fees, and transaction processing.</p><p>The forecast for NII is growing increasingly complex and challenging.</p><p>Net interest margins are under pressure and compressing as global interest rates soften, directly resulting in lower earnings for banks on each loan they issue.</p><p>Although reduced borrowing costs are expected to eventually stimulate demand for loans, this compensatory effect is not instantaneous and materializes over time.</p><p>OCBC has provided guidance anticipating a mid-to-high single-digit percentage decline in its NII for 2025—a projection that will be confirmed upon the release of the bank&#39;s official earnings report.</p><p>Similarly, DBS anticipates a slight decrease in its NII for the year 2026.</p><p>A positive counterbalance is that non-interest income is actively helping to soften the overall impact of this decline.</p><p>Wealth management and other fee-based business segments are gaining momentum, offering crucial revenue diversification that is particularly valuable during this period of transition.</p><h2 id=\"id_2656143869\">Dividends Remain Attractive</h2><p>Notwithstanding concerns over high valuations, the trailing dividend yields presented by these banks are notably compelling.</p><p>Both DBS and OCBC currently offer yields hovering around 4.9%, while UOB leads the trio with a more attractive yield of 5.6%.</p><p>Investors should be aware, however, that these yield figures incorporate special dividends and capital return initiatives, which are funded from excess profits accumulated over the preceding two to three years.</p><p>As the banks navigate the ongoing shift in NII, the long-term sustainability of their dividends will critically depend on how successfully their non-interest businesses can counterbalance the headwinds facing their lending operations.</p><p>We have already witnessed UOB and OCBC slightly reducing their interim dividend payments.</p><p>DBS, in contrast, has demonstrated greater resilience to the decline in interest rates and may potentially even increase its shareholder payout.</p><p>That being said, DBS also trades at a significantly higher valuation multiple compared to its two peers.</p><h2 id=\"id_1036263649\">The Waiting Game has Costs Too</h2><p>For investors deliberating between an immediate purchase and a patient wait, it is essential to weigh the associated trade-offs.</p><p>Buying shares today allows you to start collecting dividends immediately, but you must accept the inherent risk of a subsequent decline in share price.</p><p>If you choose to wait, you might secure a more favorable entry point, yet the timing of such an opportunity is entirely unpredictable.</p><p>Meanwhile, by remaining on the sidelines, you forgo potential dividend income entirely.</p><p>Here is a pragmatic perspective: the decision does not have to be a binary one.</p><p>You can initiate a modest position today and subsequently add to it if and when prices experience a decline.</p><p>There is no urgent pressure to commit fully; long-term investment success is rarely determined by a single decision made on any given day.</p><p>Some investors may nostalgically look back at 2020, when DBS traded between S$18 and S$19, and label it a golden buying opportunity.</p><p>However, it is crucial to remember the profound uncertainty that characterized that period: the Monetary Authority of Singapore (MAS) had instructed banks to cut dividends by 60%, and effective vaccines were merely a distant hope.</p><p>As bestselling author Morgan Housel aptly observes: &#34;Every past market decline looks like an opportunity. Every future decline looks like a risk.&#34;</p><h2 id=\"id_690318077\">Get Smart: Have the Right Expectations</h2><p>If you are holding out for Singapore bank stocks to trade at their book value before buying, it is important to fully understand what that scenario would imply.</p><p>DBS&#39;s current net book value per share stands at S$24.28.</p><p>The last three instances when DBS traded at or near its book value occurred during severe crises: the 2008 Global Financial Crisis, the 2014 oil price collapse, and the 2020 COVID-19 pandemic.</p><p>If the current price levels instill a sense of fear, it is unlikely that you would possess the courage to invest during a genuine market crash when prices are plummeting.</p><p>The fundamental key is to enter the market with realistic and appropriate expectations.</p><p>Focus your energy on factors within your control: your investment allocation strategy, your personal investment time horizon, and your commitment to holding high-quality businesses for the long term.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWith SG's Banking Stocks Scaling Unprecedented Peaks, Do These Equities Still Present A Compelling Buying Opportunity?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Trading Random </p>\n<p class=\"h-time\">2026-01-20 10:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore&#39;s three largest banks are hovering near unprecedented price levels, presenting dividend-focused investors with a recurring quandary: purchase shares immediately or hold out for a potential price dip?</p><p>As of the previous Friday, the share prices of DBS Group (SGX: D05) and Oversea-Chinese Banking Corporation (SGX: O39) were tantalizingly close to their historical peaks.</p><p>United Overseas Bank (SGX: U11) lags a bit further behind but still remains within a 6.2% margin of its highest-ever valuation.</p><p>When evaluated by the price-to-book (P/B) ratio, all three financial institutions are trading significantly above their long-term historical averages.</p><p>DBS currently sports a P/B ratio of approximately 2.4, starkly contrasting its long-term average of 1.45. OCBC is trading at around 1.6 compared to an average of 1.1, while UOB commands a ratio of about 1.3, which is also above its historical norm of 1.1.</p><p>Given these elevated valuations, a critical question emerges: can Singaporean banks still generate satisfactory returns for investors primarily seeking income?</p><h2 id=\"id_3562264948\">The Earnings Picture is Shifting</h2><p>Bank revenues are fundamentally derived from two primary streams: net interest income (NII) originating from lending activities, and non-interest income generated by services such as wealth management, card fees, and transaction processing.</p><p>The forecast for NII is growing increasingly complex and challenging.</p><p>Net interest margins are under pressure and compressing as global interest rates soften, directly resulting in lower earnings for banks on each loan they issue.</p><p>Although reduced borrowing costs are expected to eventually stimulate demand for loans, this compensatory effect is not instantaneous and materializes over time.</p><p>OCBC has provided guidance anticipating a mid-to-high single-digit percentage decline in its NII for 2025—a projection that will be confirmed upon the release of the bank&#39;s official earnings report.</p><p>Similarly, DBS anticipates a slight decrease in its NII for the year 2026.</p><p>A positive counterbalance is that non-interest income is actively helping to soften the overall impact of this decline.</p><p>Wealth management and other fee-based business segments are gaining momentum, offering crucial revenue diversification that is particularly valuable during this period of transition.</p><h2 id=\"id_2656143869\">Dividends Remain Attractive</h2><p>Notwithstanding concerns over high valuations, the trailing dividend yields presented by these banks are notably compelling.</p><p>Both DBS and OCBC currently offer yields hovering around 4.9%, while UOB leads the trio with a more attractive yield of 5.6%.</p><p>Investors should be aware, however, that these yield figures incorporate special dividends and capital return initiatives, which are funded from excess profits accumulated over the preceding two to three years.</p><p>As the banks navigate the ongoing shift in NII, the long-term sustainability of their dividends will critically depend on how successfully their non-interest businesses can counterbalance the headwinds facing their lending operations.</p><p>We have already witnessed UOB and OCBC slightly reducing their interim dividend payments.</p><p>DBS, in contrast, has demonstrated greater resilience to the decline in interest rates and may potentially even increase its shareholder payout.</p><p>That being said, DBS also trades at a significantly higher valuation multiple compared to its two peers.</p><h2 id=\"id_1036263649\">The Waiting Game has Costs Too</h2><p>For investors deliberating between an immediate purchase and a patient wait, it is essential to weigh the associated trade-offs.</p><p>Buying shares today allows you to start collecting dividends immediately, but you must accept the inherent risk of a subsequent decline in share price.</p><p>If you choose to wait, you might secure a more favorable entry point, yet the timing of such an opportunity is entirely unpredictable.</p><p>Meanwhile, by remaining on the sidelines, you forgo potential dividend income entirely.</p><p>Here is a pragmatic perspective: the decision does not have to be a binary one.</p><p>You can initiate a modest position today and subsequently add to it if and when prices experience a decline.</p><p>There is no urgent pressure to commit fully; long-term investment success is rarely determined by a single decision made on any given day.</p><p>Some investors may nostalgically look back at 2020, when DBS traded between S$18 and S$19, and label it a golden buying opportunity.</p><p>However, it is crucial to remember the profound uncertainty that characterized that period: the Monetary Authority of Singapore (MAS) had instructed banks to cut dividends by 60%, and effective vaccines were merely a distant hope.</p><p>As bestselling author Morgan Housel aptly observes: &#34;Every past market decline looks like an opportunity. Every future decline looks like a risk.&#34;</p><h2 id=\"id_690318077\">Get Smart: Have the Right Expectations</h2><p>If you are holding out for Singapore bank stocks to trade at their book value before buying, it is important to fully understand what that scenario would imply.</p><p>DBS&#39;s current net book value per share stands at S$24.28.</p><p>The last three instances when DBS traded at or near its book value occurred during severe crises: the 2008 Global Financial Crisis, the 2014 oil price collapse, and the 2020 COVID-19 pandemic.</p><p>If the current price levels instill a sense of fear, it is unlikely that you would possess the courage to invest during a genuine market crash when prices are plummeting.</p><p>The fundamental key is to enter the market with realistic and appropriate expectations.</p><p>Focus your energy on factors within your control: your investment allocation strategy, your personal investment time horizon, and your commitment to holding high-quality businesses for the long term.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","U11.SI":"大华银行","O39.SI":"华侨银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136412159","content_text":"Singapore's three largest banks are hovering near unprecedented price levels, presenting dividend-focused investors with a recurring quandary: purchase shares immediately or hold out for a potential price dip?As of the previous Friday, the share prices of DBS Group (SGX: D05) and Oversea-Chinese Banking Corporation (SGX: O39) were tantalizingly close to their historical peaks.United Overseas Bank (SGX: U11) lags a bit further behind but still remains within a 6.2% margin of its highest-ever valuation.When evaluated by the price-to-book (P/B) ratio, all three financial institutions are trading significantly above their long-term historical averages.DBS currently sports a P/B ratio of approximately 2.4, starkly contrasting its long-term average of 1.45. OCBC is trading at around 1.6 compared to an average of 1.1, while UOB commands a ratio of about 1.3, which is also above its historical norm of 1.1.Given these elevated valuations, a critical question emerges: can Singaporean banks still generate satisfactory returns for investors primarily seeking income?The Earnings Picture is ShiftingBank revenues are fundamentally derived from two primary streams: net interest income (NII) originating from lending activities, and non-interest income generated by services such as wealth management, card fees, and transaction processing.The forecast for NII is growing increasingly complex and challenging.Net interest margins are under pressure and compressing as global interest rates soften, directly resulting in lower earnings for banks on each loan they issue.Although reduced borrowing costs are expected to eventually stimulate demand for loans, this compensatory effect is not instantaneous and materializes over time.OCBC has provided guidance anticipating a mid-to-high single-digit percentage decline in its NII for 2025—a projection that will be confirmed upon the release of the bank's official earnings report.Similarly, DBS anticipates a slight decrease in its NII for the year 2026.A positive counterbalance is that non-interest income is actively helping to soften the overall impact of this decline.Wealth management and other fee-based business segments are gaining momentum, offering crucial revenue diversification that is particularly valuable during this period of transition.Dividends Remain AttractiveNotwithstanding concerns over high valuations, the trailing dividend yields presented by these banks are notably compelling.Both DBS and OCBC currently offer yields hovering around 4.9%, while UOB leads the trio with a more attractive yield of 5.6%.Investors should be aware, however, that these yield figures incorporate special dividends and capital return initiatives, which are funded from excess profits accumulated over the preceding two to three years.As the banks navigate the ongoing shift in NII, the long-term sustainability of their dividends will critically depend on how successfully their non-interest businesses can counterbalance the headwinds facing their lending operations.We have already witnessed UOB and OCBC slightly reducing their interim dividend payments.DBS, in contrast, has demonstrated greater resilience to the decline in interest rates and may potentially even increase its shareholder payout.That being said, DBS also trades at a significantly higher valuation multiple compared to its two peers.The Waiting Game has Costs TooFor investors deliberating between an immediate purchase and a patient wait, it is essential to weigh the associated trade-offs.Buying shares today allows you to start collecting dividends immediately, but you must accept the inherent risk of a subsequent decline in share price.If you choose to wait, you might secure a more favorable entry point, yet the timing of such an opportunity is entirely unpredictable.Meanwhile, by remaining on the sidelines, you forgo potential dividend income entirely.Here is a pragmatic perspective: the decision does not have to be a binary one.You can initiate a modest position today and subsequently add to it if and when prices experience a decline.There is no urgent pressure to commit fully; long-term investment success is rarely determined by a single decision made on any given day.Some investors may nostalgically look back at 2020, when DBS traded between S$18 and S$19, and label it a golden buying opportunity.However, it is crucial to remember the profound uncertainty that characterized that period: the Monetary Authority of Singapore (MAS) had instructed banks to cut dividends by 60%, and effective vaccines were merely a distant hope.As bestselling author Morgan Housel aptly observes: \"Every past market decline looks like an opportunity. Every future decline looks like a risk.\"Get Smart: Have the Right ExpectationsIf you are holding out for Singapore bank stocks to trade at their book value before buying, it is important to fully understand what that scenario would imply.DBS's current net book value per share stands at S$24.28.The last three instances when DBS traded at or near its book value occurred during severe crises: the 2008 Global Financial Crisis, the 2014 oil price collapse, and the 2020 COVID-19 pandemic.If the current price levels instill a sense of fear, it is unlikely that you would possess the courage to invest during a genuine market crash when prices are plummeting.The fundamental key is to enter the market with realistic and appropriate expectations.Focus your energy on factors within your control: your investment allocation strategy, your personal investment time horizon, and your commitment to holding high-quality businesses for the long term.","news_type":1,"symbols_score_info":{"D05.SI":2,"O39.SI":2,"U11.SI":2}},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":438223437140032,"gmtCreate":1748024245844,"gmtModify":1748024247425,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/438223437140032","repostId":"2516554706","repostType":2,"isVote":1,"tweetType":1,"viewCount":969,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":288152974479456,"gmtCreate":1711372538707,"gmtModify":1711372540842,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/288152974479456","repostId":"2421048826","repostType":2,"repost":{"id":"2421048826","kind":"highlight","pubTimestamp":1711371600,"share":"https://ttm.financial/m/news/2421048826?lang=en_US&edition=fundamental","pubTime":"2024-03-25 21:00","market":"us","language":"en","title":"Tesla Stock Plunge: Is TSLA Heading for a Complete Reversal of Its 2023 Gains?","url":"https://stock-news.laohu8.com/highlight/detail?id=2421048826","media":"InvestorPlace","summary":"TSLA stock is down Friday after Tesla cut back on production in China. This is only one of many problems facing the EV maker.","content":"<div>\n<p>Tesla faces key problems with its valuation, competition, and strategic plansSource: Arina P Habich / Shutterstock.comI always get nervous when Tesla (NASDAQ:TSLA) stock falls because it’s such a big ...</p>\n\n<a href=\"https://investorplace.com/2024/03/tesla-stock-plunge-is-tsla-heading-for-a-complete-reversal-of-its-2023-gains/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Plunge: Is TSLA Heading for a Complete Reversal of Its 2023 Gains?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Plunge: Is TSLA Heading for a Complete Reversal of Its 2023 Gains?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-25 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/03/tesla-stock-plunge-is-tsla-heading-for-a-complete-reversal-of-its-2023-gains/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla faces key problems with its valuation, competition, and strategic plansSource: Arina P Habich / Shutterstock.comI always get nervous when Tesla (NASDAQ:TSLA) stock falls because it’s such a big ...</p>\n\n<a href=\"https://investorplace.com/2024/03/tesla-stock-plunge-is-tsla-heading-for-a-complete-reversal-of-its-2023-gains/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4504":"桥水持仓","BK4592":"伊斯兰概念","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4579":"人工智能","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0109392836.USD":"富兰克林科技股A","BK4507":"流媒体概念","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4574":"无人驾驶","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4509":"腾讯概念","BK4573":"虚拟现实","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","TSLA":"特斯拉","BK4581":"高盛持仓","LU0444971666.USD":"天利全球科技基金","BK4501":"段永平概念","BK4571":"数字音乐概念","BK4503":"景林资产持仓","BK4576":"AR","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4575":"芯片概念","BK4505":"高瓴资本持仓"},"source_url":"https://investorplace.com/2024/03/tesla-stock-plunge-is-tsla-heading-for-a-complete-reversal-of-its-2023-gains/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2421048826","content_text":"Tesla faces key problems with its valuation, competition, and strategic plansSource: Arina P Habich / Shutterstock.comI always get nervous when Tesla (NASDAQ:TSLA) stock falls because it’s such a big component of Elon Musk’s wealth. And given I have such a large following on X, I certainly don’t want to see risks to the platform I have the most reach on. Objectively though, it seems possible that Tesla could roundtrip all the gains it’s made since the 2023 low.What will it take to turn the price around?Hopes are pinned on ventures like self-driving technology, robotics, and artificial intelligence. But the lingering question remains: Can innovations and advancements in the electric vehicle sector power through the storm, or is Wall Street’s romance with Tesla’s stock over, just as it seems to be for other prior darlings like Apple (NASDAQ:AAPL)?The Problem With TSLA Stock Right NowThe fundamental problem is fundamentals. Demand for electric vehicles is slowing markedly. China was a big driver of demand for Tesla vehicles, but now the country is ramping up its own competitors. As a result, Tesla is pulling back on production there. Given that China is such a large market, and that Tesla faces problems at home in the U.S. to, weakness in demand from China can have a disproportionate impact on earnings.Big sell-side analysts are making note of this as well. For example, Morgan Stanley revised its 2024 earnings projection for Tesla, suggesting the company could “potentially” face losses, with an EPS projection dropping from $2.04 to $1.51. Gross profit margins look to be declining to 11.4% from 17.6%. And Q1 2024 delivery estimates continue to fall.The absence of clear sales guidance for 2024, coupled with a projected slowdown in vehicle shipment growth to about 20%, isn’t helping. Despite delivering 1.8 million cars in 2023 and starting Cybertruck production, Tesla’s aggressive price strategy and its impact on value and profitability remain key concerns.One can argue that none of this is unexpected. There are tons more players now in the EV space than ever before. A slew of competitors, including established automakers like Toyota (NYSE:TM) and rising stars such as BYD (OTCMKTS:BYDDY), Xpeng (NYSE:XPEV), Nio (NYSE:NIO), Polestar (NASDAQ:PSNY), and Li Auto (NASDAQ:LI), are aggressively expanding their market presence.These competitors are not only increasing their global footprint but are also planning to introduce highly competitive models priced around $25,000 in 2024. This strategy could significantly erode Tesla’s market share and pressurize its pricing and profitability margins.The Bottom LineTesla could end up being a value trap here. While the stock’s recent decline could be an attractive entry point for long-term investors, I’m not so sure. The juxtaposition of Tesla’s valuation against its growth prospects and competitive challenges is hard to think through, particularly when it comes to China as the wildcard.The implications of Tesla’s recent stock performance extend beyond its immediate financial metrics, touching upon broader themes of market competition, investor expectations, and the evolving landscape of the electric vehicle industry. It’s a tough spot here. So, could Tesla ultimately unravel all its gains in 2023? Maybe not. But the fundamentals are starting to be more and more concerning.","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":1804,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":246726257627248,"gmtCreate":1701257207192,"gmtModify":1701257211407,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246726257627248","repostId":"1139614756","repostType":2,"repost":{"id":"1139614756","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1701255545,"share":"https://ttm.financial/m/news/1139614756?lang=en_US&edition=fundamental","pubTime":"2023-11-29 18:59","market":"us","language":"en","title":"Berkshire Hathaway's Charles Munger Passes Away: a Look Back at His Life","url":"https://stock-news.laohu8.com/highlight/detail?id=1139614756","media":"Tiger Newspress","summary":"Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99.He d","content":"<html><head></head><body><p>Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99.</p><p style=\"text-align: start;\">He died on Tuesday at a California hospital, the company said in a statement. He was a longtime resident of Los Angeles. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said in the statement.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e28561eee93a34a6bbe0f6902c6352c4\" tg-width=\"750\" tg-height=\"7019\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e9b2b17d384ca31804cd6a434c7935c\" tg-width=\"750\" tg-height=\"2579\"/></p><p>A lawyer by training, Munger (rhymes with “hunger”) helped Buffett, who was seven years his junior, craft a philosophy of investing in companies for the long term. Under their management, Berkshire averaged an annual gain of 20% from 1965 through 2022 — roughly twice the pace of the S&amp;P 500 Index. Decades of compounded returns made the pair billionaires and folk heroes to adoring investors.</p><p>Munger was vice chairman of Berkshire and one of its biggest shareholders, with stock valued at about $2.2 billion. His overall net worth was about $2.6 billion, according to Forbes.</p><p style=\"text-align: start;\">At the company’s annual meetings in Omaha, Nebraska, where he and Buffett had both grown up, Munger was known for his roles as straight man and scold of corporate excesses. As Buffett’s fame and wealth grew — depending on Berkshire’s share price, he was on occasion the world’s richest man — Munger’s value as a reality check increased as well.</p><p style=\"text-align: start;\">“It’s terrific to have a partner who will say, ‘You’re not thinking straight,’” Buffett said of Munger, seated next to him, at Berkshire’s 2002 meeting. (“It doesn’t happen very often,” Munger interjected.) Too many CEOs surround themselves with “a bunch of sycophants” disinclined to challenge their conclusions and biases, Buffett added.</p><p style=\"text-align: start;\">For his part, Munger said Buffett benefited from having “a talking foil who knew something. And I think I’ve been very useful in that regard.”</p><h3 id=\"id_276028324\" style=\"text-align: start;\">Beyond Value</h3><p style=\"text-align: start;\">Buffett credited Munger with broadening his approach to investing beyond mentor Benjamin Graham’s insistence on buying stocks at a fraction of the value of their underlying assets. With Munger’s help, he began assembling the insurance, railroad, manufacturing and consumer goods conglomerate that posted nearly $29 billion of operating profit in the first nine months of this year.</p><p>“Charlie has always emphasized, ‘Let’s buy truly wonderful businesses,’” Buffett told the Omaha World-Herald in 1999.</p><p style=\"text-align: start;\">That meant businesses with strong brands and pricing power. Munger nudged Buffett into acquiring California confectioner See’s Candies Inc. in 1972. The success of that deal — Buffett came to view See’s as “the prototype of a dream business” — inspired Berkshire’s $1 billion investment in Coca-Cola Co. stock 15 years later.</p><p>The acerbic Munger so often curbed Buffett’s enthusiasm that Buffett jokingly referred to him as “the abominable no-man.”</p><p style=\"text-align: start;\">At Berkshire’s 2002 meeting, Buffett offered a three-minute answer to the question of whether the company might buy a cable company. Munger said he doubted one would be available for an acceptable price.</p><p style=\"text-align: start;\">“At what price would you be comfortable?” Buffett asked.</p><p style=\"text-align: start;\">“Probably at a lower price than you,” Munger parried.</p><h3 id=\"id_1055707859\" style=\"text-align: start;\">Cardboard Cutout</h3><p style=\"text-align: start;\">From Los Angeles, Munger spoke frequently by phone with Buffett in Omaha. Even when they couldn’t connect, Buffett claimed he knew what Munger would think. When Munger missed a special meeting of Berkshire shareholders in 2010, Buffett brought a cardboard cutout of his partner on stage and mimicked Munger saying, “I couldn’t agree more.”</p><p>Munger was an outspoken critic of corporate misbehavior, faulting as “demented” and “immoral” the compensation packages given to some chief executives. He called Bitcoin “noxious poison,” defined cryptocurrency generally as “partly fraud and partly delusion” and warned that much of banking had become “gambling in drag.”</p><p>“I love his ability to just cut to the heart of things and not care how he says it,” said Cole Smead, CEO of Smead Capital Management, a longtime Berkshire investor. “In today’s society, that’s a really unique thing.”</p><p style=\"text-align: start;\">Though Munger aligned with the US Republican Party, and Buffett sided with Democrats, the two often found common ground on issues like the desirability of universal health care and the need for government oversight of the financial system.</p><p style=\"text-align: start;\">But while Buffett would tour the world urging billionaires to embrace charity, Munger said a private company like Costco Wholesale Corp. — he served on its board for more than two decades — did more good for society than big-name philanthropic foundations.</p><p style=\"text-align: start;\">With his own donations, Munger promoted abortion rights and education. He served as chairman of Good Samaritan Hospital in Los Angeles. Multimillion-dollar bequests to the University of Michigan and the University of California at Santa Barbara for new housing facilities gave him an opportunity to indulge a passion for architecture — though his vision for a 4,500-person dormitory on the Santa Barbara campus drew howls of protest in 2021 because the vast majority of bedrooms were to have no windows.</p><h3 id=\"id_1545626341\" style=\"text-align: start;\">Wesco ‘Groupies’</h3><p style=\"text-align: start;\">Though he never rivaled Buffett in terms of worldwide celebrity, Munger’s blunt manner of speaking earned him a following in his own right.</p><p>He used the term “groupies” to refer to his fans, often numbering in the hundreds, who gathered to see him without Buffett. Hosting the annual meetings of Wesco Financial Corp., a Berkshire unit, in Pasadena, California, Munger expounded on his philosophy of life and investing.</p><p style=\"text-align: start;\">At the 2011 meeting, the last before Berkshire took complete control of Wesco, Munger told his audience, “You all need a new cult hero.”</p><p style=\"text-align: start;\">Charles Thomas Munger was born on Jan. 1, 1924, in Omaha, the first of three children of Alfred Munger and the former Florence Russell, who was known as Toody. His father, the son of a federal judge, had earned a law degree at Harvard University before returning to Omaha, where his clients included the Omaha World-Herald newspaper.</p><p>Munger’s initial brush with the Buffett family came through his work on Saturdays at Buffett &amp; Son, the Omaha grocery store run by Ernest Buffett, Warren’s grandfather. But the two future partners wouldn’t meet until years later.</p><p style=\"text-align: start;\">Munger entered the University of Michigan at age 17 with plans to study math, mostly because it came so easily. “When I was young I could get an A in any mathematics course without doing any work at all,” he said in a 2017 conversation at Michigan’s Ross Business School.</p><h3 id=\"id_2417683429\" style=\"text-align: start;\">Nome to Harvard</h3><p style=\"text-align: start;\">In 1942, during his sophomore year, he enlisted in the Army Air Corps, soon to become the Air Force. He was sent to the California Institute of Technology to learn meteorology before being posted to Nome, Alaska. It was during this period, in 1945, that he married his first wife, Nancy Huggins.</p><p>Lacking an undergraduate degree, Munger applied to Harvard Law School before his Army discharge in 1946. He was admitted only after a family friend and former dean of the school intervened, according to Janet Lowe’s 2000 book, <em>Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger</em>. Munger worked on the Harvard Law Review and in 1948 was one of 12 in the class of 335 to graduate magna cum laude.</p><p>With his wife and their son, Teddy, Munger moved to California to join a Los Angeles law firm. They added two daughters to their family before divorcing in 1953. In 1956, Munger married Nancy Barry Borthwick, a mother of two, and over time they expanded their blended family by having four more children. (Teddy, Munger’s first-born, had died of leukemia in 1955.)</p><p style=\"text-align: start;\">Not satisfied with the income potential of his legal career, Munger began working on construction projects and real estate deals. He founded a new law office, Munger, Tolles &amp; Hills, and, in 1962, started an investment partnership, Wheeler, Munger &amp; Co., modeled on the ones Buffett had set up with his earliest investors in Omaha.</p><p style=\"text-align: start;\">“Like Warren, I had a considerable passion to get rich,” Munger told Roger Lowenstein for <em>Buffett: The Making of an American Capitalist,</em> published in 1995. “Not because I wanted Ferraris — I wanted independence. I desperately wanted it. I thought it was undignified to have to send invoices to other people.”</p><h3 id=\"id_3804965469\" style=\"text-align: start;\">1959 Introduction</h3><p style=\"text-align: start;\">His fateful introduction to Buffett had come during a 1959 visit home to Omaha. Though the precise venue of their first meeting was the subject of lore, it was clear they hit it off right away. In short order they were talking on the telephone almost daily and investing in the same companies and securities.</p><p>Their investments in Berkshire Hathaway began in 1962, when the company made men’s suit linings at textile mills in Massachusetts. Buffett took a controlling stake in 1965. Though the mills closed, Berkshire stuck around as the corporate vehicle for Buffett’s growing conglomerate of companies.</p><p style=\"text-align: start;\">A crucial joint discovery was a company called Blue Chip Stamps, which ran popular redemption games offered by grocers and other retailers. Because stores paid for the stamps up front, and prizes were redeemed much later, Blue Chip at any given time was sitting on a stack of money, much like a bank does.</p><p style=\"text-align: start;\">Using that pool of capital, Buffett and Munger bought controlling shares in See’s Candies, the Buffalo Evening News and Wesco Financial, the company Munger would lead.</p><p style=\"text-align: start;\">In 1975, the US Securities and Exchange Commission alleged that Blue Chip Stamps had manipulated the price of Wesco because Buffett and Munger had persuaded its management to drop a merger plan. Blue Chip resolved the dispute by agreeing to pay former investors in Wesco a total of about $115,000, with no admission of guilt.</p><p>The ordeal underscored the risks in Buffett and Munger having such complicated and overlapping financial interests. A years-long effort to simplify matters culminated in 1983 with Blue Chip Stamps merging into Berkshire. Munger, whose Berkshire stake rose to 2%, became Buffett’s vice chairman.</p><h3 id=\"id_1080936549\" style=\"text-align: start;\">China Bull</h3><p style=\"text-align: start;\">In recent years, Munger’s fans continued to travel to Los Angeles to ask him questions at annual meetings of Daily Journal Corp., a publishing company he led as chairman. He displayed his knack for investing by plowing the company’s money into temporarily beaten-down stocks like Wells Fargo &amp; Co. during the depths of the 2008-2009 financial crisis.</p><p>Munger was for many years more bullish than Buffett when it came to investing in China. Berkshire became the biggest shareholder of Chinese automaker BYD Co., for instance, years after Munger began buying its stock, though Berkshire began trimming that stake in 2022.</p><p style=\"text-align: start;\">Munger started sharing his vice chairman title at Berkshire in 2018 with two next-generation senior executives, Greg Abel and Ajit Jain, who were named to the board in a long-awaited sign of Buffett’s succession plans. Buffett subsequently identified Abel as his likely successor.</p><p style=\"text-align: start;\">It was Munger who, three years earlier, had signaled the likely promotion of Abel and Jain with praise delivered in his signature fashion: with a backhanded swipe at the boss.</p><p style=\"text-align: start;\">“In some important ways,” he wrote of the pair in 2015, “each is a better business executive than Buffett.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway's Charles Munger Passes Away: a Look Back at His Life</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway's Charles Munger Passes Away: a Look Back at His Life\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-11-29 18:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99.</p><p style=\"text-align: start;\">He died on Tuesday at a California hospital, the company said in a statement. He was a longtime resident of Los Angeles. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said in the statement.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e28561eee93a34a6bbe0f6902c6352c4\" tg-width=\"750\" tg-height=\"7019\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e9b2b17d384ca31804cd6a434c7935c\" tg-width=\"750\" tg-height=\"2579\"/></p><p>A lawyer by training, Munger (rhymes with “hunger”) helped Buffett, who was seven years his junior, craft a philosophy of investing in companies for the long term. Under their management, Berkshire averaged an annual gain of 20% from 1965 through 2022 — roughly twice the pace of the S&amp;P 500 Index. Decades of compounded returns made the pair billionaires and folk heroes to adoring investors.</p><p>Munger was vice chairman of Berkshire and one of its biggest shareholders, with stock valued at about $2.2 billion. His overall net worth was about $2.6 billion, according to Forbes.</p><p style=\"text-align: start;\">At the company’s annual meetings in Omaha, Nebraska, where he and Buffett had both grown up, Munger was known for his roles as straight man and scold of corporate excesses. As Buffett’s fame and wealth grew — depending on Berkshire’s share price, he was on occasion the world’s richest man — Munger’s value as a reality check increased as well.</p><p style=\"text-align: start;\">“It’s terrific to have a partner who will say, ‘You’re not thinking straight,’” Buffett said of Munger, seated next to him, at Berkshire’s 2002 meeting. (“It doesn’t happen very often,” Munger interjected.) Too many CEOs surround themselves with “a bunch of sycophants” disinclined to challenge their conclusions and biases, Buffett added.</p><p style=\"text-align: start;\">For his part, Munger said Buffett benefited from having “a talking foil who knew something. And I think I’ve been very useful in that regard.”</p><h3 id=\"id_276028324\" style=\"text-align: start;\">Beyond Value</h3><p style=\"text-align: start;\">Buffett credited Munger with broadening his approach to investing beyond mentor Benjamin Graham’s insistence on buying stocks at a fraction of the value of their underlying assets. With Munger’s help, he began assembling the insurance, railroad, manufacturing and consumer goods conglomerate that posted nearly $29 billion of operating profit in the first nine months of this year.</p><p>“Charlie has always emphasized, ‘Let’s buy truly wonderful businesses,’” Buffett told the Omaha World-Herald in 1999.</p><p style=\"text-align: start;\">That meant businesses with strong brands and pricing power. Munger nudged Buffett into acquiring California confectioner See’s Candies Inc. in 1972. The success of that deal — Buffett came to view See’s as “the prototype of a dream business” — inspired Berkshire’s $1 billion investment in Coca-Cola Co. stock 15 years later.</p><p>The acerbic Munger so often curbed Buffett’s enthusiasm that Buffett jokingly referred to him as “the abominable no-man.”</p><p style=\"text-align: start;\">At Berkshire’s 2002 meeting, Buffett offered a three-minute answer to the question of whether the company might buy a cable company. Munger said he doubted one would be available for an acceptable price.</p><p style=\"text-align: start;\">“At what price would you be comfortable?” Buffett asked.</p><p style=\"text-align: start;\">“Probably at a lower price than you,” Munger parried.</p><h3 id=\"id_1055707859\" style=\"text-align: start;\">Cardboard Cutout</h3><p style=\"text-align: start;\">From Los Angeles, Munger spoke frequently by phone with Buffett in Omaha. Even when they couldn’t connect, Buffett claimed he knew what Munger would think. When Munger missed a special meeting of Berkshire shareholders in 2010, Buffett brought a cardboard cutout of his partner on stage and mimicked Munger saying, “I couldn’t agree more.”</p><p>Munger was an outspoken critic of corporate misbehavior, faulting as “demented” and “immoral” the compensation packages given to some chief executives. He called Bitcoin “noxious poison,” defined cryptocurrency generally as “partly fraud and partly delusion” and warned that much of banking had become “gambling in drag.”</p><p>“I love his ability to just cut to the heart of things and not care how he says it,” said Cole Smead, CEO of Smead Capital Management, a longtime Berkshire investor. “In today’s society, that’s a really unique thing.”</p><p style=\"text-align: start;\">Though Munger aligned with the US Republican Party, and Buffett sided with Democrats, the two often found common ground on issues like the desirability of universal health care and the need for government oversight of the financial system.</p><p style=\"text-align: start;\">But while Buffett would tour the world urging billionaires to embrace charity, Munger said a private company like Costco Wholesale Corp. — he served on its board for more than two decades — did more good for society than big-name philanthropic foundations.</p><p style=\"text-align: start;\">With his own donations, Munger promoted abortion rights and education. He served as chairman of Good Samaritan Hospital in Los Angeles. Multimillion-dollar bequests to the University of Michigan and the University of California at Santa Barbara for new housing facilities gave him an opportunity to indulge a passion for architecture — though his vision for a 4,500-person dormitory on the Santa Barbara campus drew howls of protest in 2021 because the vast majority of bedrooms were to have no windows.</p><h3 id=\"id_1545626341\" style=\"text-align: start;\">Wesco ‘Groupies’</h3><p style=\"text-align: start;\">Though he never rivaled Buffett in terms of worldwide celebrity, Munger’s blunt manner of speaking earned him a following in his own right.</p><p>He used the term “groupies” to refer to his fans, often numbering in the hundreds, who gathered to see him without Buffett. Hosting the annual meetings of Wesco Financial Corp., a Berkshire unit, in Pasadena, California, Munger expounded on his philosophy of life and investing.</p><p style=\"text-align: start;\">At the 2011 meeting, the last before Berkshire took complete control of Wesco, Munger told his audience, “You all need a new cult hero.”</p><p style=\"text-align: start;\">Charles Thomas Munger was born on Jan. 1, 1924, in Omaha, the first of three children of Alfred Munger and the former Florence Russell, who was known as Toody. His father, the son of a federal judge, had earned a law degree at Harvard University before returning to Omaha, where his clients included the Omaha World-Herald newspaper.</p><p>Munger’s initial brush with the Buffett family came through his work on Saturdays at Buffett &amp; Son, the Omaha grocery store run by Ernest Buffett, Warren’s grandfather. But the two future partners wouldn’t meet until years later.</p><p style=\"text-align: start;\">Munger entered the University of Michigan at age 17 with plans to study math, mostly because it came so easily. “When I was young I could get an A in any mathematics course without doing any work at all,” he said in a 2017 conversation at Michigan’s Ross Business School.</p><h3 id=\"id_2417683429\" style=\"text-align: start;\">Nome to Harvard</h3><p style=\"text-align: start;\">In 1942, during his sophomore year, he enlisted in the Army Air Corps, soon to become the Air Force. He was sent to the California Institute of Technology to learn meteorology before being posted to Nome, Alaska. It was during this period, in 1945, that he married his first wife, Nancy Huggins.</p><p>Lacking an undergraduate degree, Munger applied to Harvard Law School before his Army discharge in 1946. He was admitted only after a family friend and former dean of the school intervened, according to Janet Lowe’s 2000 book, <em>Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger</em>. Munger worked on the Harvard Law Review and in 1948 was one of 12 in the class of 335 to graduate magna cum laude.</p><p>With his wife and their son, Teddy, Munger moved to California to join a Los Angeles law firm. They added two daughters to their family before divorcing in 1953. In 1956, Munger married Nancy Barry Borthwick, a mother of two, and over time they expanded their blended family by having four more children. (Teddy, Munger’s first-born, had died of leukemia in 1955.)</p><p style=\"text-align: start;\">Not satisfied with the income potential of his legal career, Munger began working on construction projects and real estate deals. He founded a new law office, Munger, Tolles &amp; Hills, and, in 1962, started an investment partnership, Wheeler, Munger &amp; Co., modeled on the ones Buffett had set up with his earliest investors in Omaha.</p><p style=\"text-align: start;\">“Like Warren, I had a considerable passion to get rich,” Munger told Roger Lowenstein for <em>Buffett: The Making of an American Capitalist,</em> published in 1995. “Not because I wanted Ferraris — I wanted independence. I desperately wanted it. I thought it was undignified to have to send invoices to other people.”</p><h3 id=\"id_3804965469\" style=\"text-align: start;\">1959 Introduction</h3><p style=\"text-align: start;\">His fateful introduction to Buffett had come during a 1959 visit home to Omaha. Though the precise venue of their first meeting was the subject of lore, it was clear they hit it off right away. In short order they were talking on the telephone almost daily and investing in the same companies and securities.</p><p>Their investments in Berkshire Hathaway began in 1962, when the company made men’s suit linings at textile mills in Massachusetts. Buffett took a controlling stake in 1965. Though the mills closed, Berkshire stuck around as the corporate vehicle for Buffett’s growing conglomerate of companies.</p><p style=\"text-align: start;\">A crucial joint discovery was a company called Blue Chip Stamps, which ran popular redemption games offered by grocers and other retailers. Because stores paid for the stamps up front, and prizes were redeemed much later, Blue Chip at any given time was sitting on a stack of money, much like a bank does.</p><p style=\"text-align: start;\">Using that pool of capital, Buffett and Munger bought controlling shares in See’s Candies, the Buffalo Evening News and Wesco Financial, the company Munger would lead.</p><p style=\"text-align: start;\">In 1975, the US Securities and Exchange Commission alleged that Blue Chip Stamps had manipulated the price of Wesco because Buffett and Munger had persuaded its management to drop a merger plan. Blue Chip resolved the dispute by agreeing to pay former investors in Wesco a total of about $115,000, with no admission of guilt.</p><p>The ordeal underscored the risks in Buffett and Munger having such complicated and overlapping financial interests. A years-long effort to simplify matters culminated in 1983 with Blue Chip Stamps merging into Berkshire. Munger, whose Berkshire stake rose to 2%, became Buffett’s vice chairman.</p><h3 id=\"id_1080936549\" style=\"text-align: start;\">China Bull</h3><p style=\"text-align: start;\">In recent years, Munger’s fans continued to travel to Los Angeles to ask him questions at annual meetings of Daily Journal Corp., a publishing company he led as chairman. He displayed his knack for investing by plowing the company’s money into temporarily beaten-down stocks like Wells Fargo &amp; Co. during the depths of the 2008-2009 financial crisis.</p><p>Munger was for many years more bullish than Buffett when it came to investing in China. Berkshire became the biggest shareholder of Chinese automaker BYD Co., for instance, years after Munger began buying its stock, though Berkshire began trimming that stake in 2022.</p><p style=\"text-align: start;\">Munger started sharing his vice chairman title at Berkshire in 2018 with two next-generation senior executives, Greg Abel and Ajit Jain, who were named to the board in a long-awaited sign of Buffett’s succession plans. Buffett subsequently identified Abel as his likely successor.</p><p style=\"text-align: start;\">It was Munger who, three years earlier, had signaled the likely promotion of Abel and Jain with praise delivered in his signature fashion: with a backhanded swipe at the boss.</p><p style=\"text-align: start;\">“In some important ways,” he wrote of the pair in 2015, “each is a better business executive than Buffett.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139614756","content_text":"Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99.He died on Tuesday at a California hospital, the company said in a statement. He was a longtime resident of Los Angeles. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said in the statement.A lawyer by training, Munger (rhymes with “hunger”) helped Buffett, who was seven years his junior, craft a philosophy of investing in companies for the long term. Under their management, Berkshire averaged an annual gain of 20% from 1965 through 2022 — roughly twice the pace of the S&P 500 Index. Decades of compounded returns made the pair billionaires and folk heroes to adoring investors.Munger was vice chairman of Berkshire and one of its biggest shareholders, with stock valued at about $2.2 billion. His overall net worth was about $2.6 billion, according to Forbes.At the company’s annual meetings in Omaha, Nebraska, where he and Buffett had both grown up, Munger was known for his roles as straight man and scold of corporate excesses. As Buffett’s fame and wealth grew — depending on Berkshire’s share price, he was on occasion the world’s richest man — Munger’s value as a reality check increased as well.“It’s terrific to have a partner who will say, ‘You’re not thinking straight,’” Buffett said of Munger, seated next to him, at Berkshire’s 2002 meeting. (“It doesn’t happen very often,” Munger interjected.) Too many CEOs surround themselves with “a bunch of sycophants” disinclined to challenge their conclusions and biases, Buffett added.For his part, Munger said Buffett benefited from having “a talking foil who knew something. And I think I’ve been very useful in that regard.”Beyond ValueBuffett credited Munger with broadening his approach to investing beyond mentor Benjamin Graham’s insistence on buying stocks at a fraction of the value of their underlying assets. With Munger’s help, he began assembling the insurance, railroad, manufacturing and consumer goods conglomerate that posted nearly $29 billion of operating profit in the first nine months of this year.“Charlie has always emphasized, ‘Let’s buy truly wonderful businesses,’” Buffett told the Omaha World-Herald in 1999.That meant businesses with strong brands and pricing power. Munger nudged Buffett into acquiring California confectioner See’s Candies Inc. in 1972. The success of that deal — Buffett came to view See’s as “the prototype of a dream business” — inspired Berkshire’s $1 billion investment in Coca-Cola Co. stock 15 years later.The acerbic Munger so often curbed Buffett’s enthusiasm that Buffett jokingly referred to him as “the abominable no-man.”At Berkshire’s 2002 meeting, Buffett offered a three-minute answer to the question of whether the company might buy a cable company. Munger said he doubted one would be available for an acceptable price.“At what price would you be comfortable?” Buffett asked.“Probably at a lower price than you,” Munger parried.Cardboard CutoutFrom Los Angeles, Munger spoke frequently by phone with Buffett in Omaha. Even when they couldn’t connect, Buffett claimed he knew what Munger would think. When Munger missed a special meeting of Berkshire shareholders in 2010, Buffett brought a cardboard cutout of his partner on stage and mimicked Munger saying, “I couldn’t agree more.”Munger was an outspoken critic of corporate misbehavior, faulting as “demented” and “immoral” the compensation packages given to some chief executives. He called Bitcoin “noxious poison,” defined cryptocurrency generally as “partly fraud and partly delusion” and warned that much of banking had become “gambling in drag.”“I love his ability to just cut to the heart of things and not care how he says it,” said Cole Smead, CEO of Smead Capital Management, a longtime Berkshire investor. “In today’s society, that’s a really unique thing.”Though Munger aligned with the US Republican Party, and Buffett sided with Democrats, the two often found common ground on issues like the desirability of universal health care and the need for government oversight of the financial system.But while Buffett would tour the world urging billionaires to embrace charity, Munger said a private company like Costco Wholesale Corp. — he served on its board for more than two decades — did more good for society than big-name philanthropic foundations.With his own donations, Munger promoted abortion rights and education. He served as chairman of Good Samaritan Hospital in Los Angeles. Multimillion-dollar bequests to the University of Michigan and the University of California at Santa Barbara for new housing facilities gave him an opportunity to indulge a passion for architecture — though his vision for a 4,500-person dormitory on the Santa Barbara campus drew howls of protest in 2021 because the vast majority of bedrooms were to have no windows.Wesco ‘Groupies’Though he never rivaled Buffett in terms of worldwide celebrity, Munger’s blunt manner of speaking earned him a following in his own right.He used the term “groupies” to refer to his fans, often numbering in the hundreds, who gathered to see him without Buffett. Hosting the annual meetings of Wesco Financial Corp., a Berkshire unit, in Pasadena, California, Munger expounded on his philosophy of life and investing.At the 2011 meeting, the last before Berkshire took complete control of Wesco, Munger told his audience, “You all need a new cult hero.”Charles Thomas Munger was born on Jan. 1, 1924, in Omaha, the first of three children of Alfred Munger and the former Florence Russell, who was known as Toody. His father, the son of a federal judge, had earned a law degree at Harvard University before returning to Omaha, where his clients included the Omaha World-Herald newspaper.Munger’s initial brush with the Buffett family came through his work on Saturdays at Buffett & Son, the Omaha grocery store run by Ernest Buffett, Warren’s grandfather. But the two future partners wouldn’t meet until years later.Munger entered the University of Michigan at age 17 with plans to study math, mostly because it came so easily. “When I was young I could get an A in any mathematics course without doing any work at all,” he said in a 2017 conversation at Michigan’s Ross Business School.Nome to HarvardIn 1942, during his sophomore year, he enlisted in the Army Air Corps, soon to become the Air Force. He was sent to the California Institute of Technology to learn meteorology before being posted to Nome, Alaska. It was during this period, in 1945, that he married his first wife, Nancy Huggins.Lacking an undergraduate degree, Munger applied to Harvard Law School before his Army discharge in 1946. He was admitted only after a family friend and former dean of the school intervened, according to Janet Lowe’s 2000 book, Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger. Munger worked on the Harvard Law Review and in 1948 was one of 12 in the class of 335 to graduate magna cum laude.With his wife and their son, Teddy, Munger moved to California to join a Los Angeles law firm. They added two daughters to their family before divorcing in 1953. In 1956, Munger married Nancy Barry Borthwick, a mother of two, and over time they expanded their blended family by having four more children. (Teddy, Munger’s first-born, had died of leukemia in 1955.)Not satisfied with the income potential of his legal career, Munger began working on construction projects and real estate deals. He founded a new law office, Munger, Tolles & Hills, and, in 1962, started an investment partnership, Wheeler, Munger & Co., modeled on the ones Buffett had set up with his earliest investors in Omaha.“Like Warren, I had a considerable passion to get rich,” Munger told Roger Lowenstein for Buffett: The Making of an American Capitalist, published in 1995. “Not because I wanted Ferraris — I wanted independence. I desperately wanted it. I thought it was undignified to have to send invoices to other people.”1959 IntroductionHis fateful introduction to Buffett had come during a 1959 visit home to Omaha. Though the precise venue of their first meeting was the subject of lore, it was clear they hit it off right away. In short order they were talking on the telephone almost daily and investing in the same companies and securities.Their investments in Berkshire Hathaway began in 1962, when the company made men’s suit linings at textile mills in Massachusetts. Buffett took a controlling stake in 1965. Though the mills closed, Berkshire stuck around as the corporate vehicle for Buffett’s growing conglomerate of companies.A crucial joint discovery was a company called Blue Chip Stamps, which ran popular redemption games offered by grocers and other retailers. Because stores paid for the stamps up front, and prizes were redeemed much later, Blue Chip at any given time was sitting on a stack of money, much like a bank does.Using that pool of capital, Buffett and Munger bought controlling shares in See’s Candies, the Buffalo Evening News and Wesco Financial, the company Munger would lead.In 1975, the US Securities and Exchange Commission alleged that Blue Chip Stamps had manipulated the price of Wesco because Buffett and Munger had persuaded its management to drop a merger plan. Blue Chip resolved the dispute by agreeing to pay former investors in Wesco a total of about $115,000, with no admission of guilt.The ordeal underscored the risks in Buffett and Munger having such complicated and overlapping financial interests. A years-long effort to simplify matters culminated in 1983 with Blue Chip Stamps merging into Berkshire. Munger, whose Berkshire stake rose to 2%, became Buffett’s vice chairman.China BullIn recent years, Munger’s fans continued to travel to Los Angeles to ask him questions at annual meetings of Daily Journal Corp., a publishing company he led as chairman. He displayed his knack for investing by plowing the company’s money into temporarily beaten-down stocks like Wells Fargo & Co. during the depths of the 2008-2009 financial crisis.Munger was for many years more bullish than Buffett when it came to investing in China. Berkshire became the biggest shareholder of Chinese automaker BYD Co., for instance, years after Munger began buying its stock, though Berkshire began trimming that stake in 2022.Munger started sharing his vice chairman title at Berkshire in 2018 with two next-generation senior executives, Greg Abel and Ajit Jain, who were named to the board in a long-awaited sign of Buffett’s succession plans. Buffett subsequently identified Abel as his likely successor.It was Munger who, three years earlier, had signaled the likely promotion of Abel and Jain with praise delivered in his signature fashion: with a backhanded swipe at the boss.“In some important ways,” he wrote of the pair in 2015, “each is a better business executive than Buffett.”","news_type":1,"symbols_score_info":{"BRK.A":1.1,"BRK.B":1.1}},"isVote":1,"tweetType":1,"viewCount":1540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193392610894032,"gmtCreate":1688259776273,"gmtModify":1688259780280,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Spy and Voo all the way&nbsp;","listText":"Spy and Voo all the way&nbsp;","text":"Spy and Voo all the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193392610894032","isVote":1,"tweetType":1,"viewCount":1536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947501207,"gmtCreate":1683251099910,"gmtModify":1683251266559,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"","listText":"","text":"","images":[{"img":"https://community-static.tradeup.com/news/d43cefa8e5215d73069ab5554a2f3543","width":"828","height":"7645"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947501207","isVote":1,"tweetType":1,"viewCount":1784,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9945175256,"gmtCreate":1681410939276,"gmtModify":1681410944067,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945175256","repostId":"9910578657","repostType":1,"repost":{"id":9910578657,"gmtCreate":1663652080580,"gmtModify":1676537309147,"author":{"id":"3586127272341946","authorId":"3586127272341946","name":"StickyRice","avatar":"https://community-static.tradeup.com/news/93860c945685006c561393099fa7ee30","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586127272341946","authorIdStr":"3586127272341946"},"themes":[],"title":"Ares Capital: 9.2% Yield and Special Dividends.","htmlText":"A recession has arrived, making it more important than ever for dividend investors to invest in business development companies that have a long track record of successfully managing investors' money.Ares Capital <a href=\"https://ttm.financial/S/ARCC\">$Ares Capital(ARCC)$</a> is a highly regarded business development firm with a long history of achieving high returns on equity. The BDC also has a conservative asset allocation and strong net investment income, which allows it to cover its growing dividend payout. Even when trading at a premium to net asset value, ARCC is a buy.Ares Capital's investment portfolio did not change much in 2Q-22: the business development firm had an uneventful quarter in terms of portfolio composition, with only minor changes in the investment structure.As of Jun","listText":"A recession has arrived, making it more important than ever for dividend investors to invest in business development companies that have a long track record of successfully managing investors' money.Ares Capital <a href=\"https://ttm.financial/S/ARCC\">$Ares Capital(ARCC)$</a> is a highly regarded business development firm with a long history of achieving high returns on equity. The BDC also has a conservative asset allocation and strong net investment income, which allows it to cover its growing dividend payout. Even when trading at a premium to net asset value, ARCC is a buy.Ares Capital's investment portfolio did not change much in 2Q-22: the business development firm had an uneventful quarter in terms of portfolio composition, with only minor changes in the investment structure.As of Jun","text":"A recession has arrived, making it more important than ever for dividend investors to invest in business development companies that have a long track record of successfully managing investors' money.Ares Capital $Ares Capital(ARCC)$ is a highly regarded business development firm with a long history of achieving high returns on equity. The BDC also has a conservative asset allocation and strong net investment income, which allows it to cover its growing dividend payout. Even when trading at a premium to net asset value, ARCC is a buy.Ares Capital's investment portfolio did not change much in 2Q-22: the business development firm had an uneventful quarter in terms of portfolio composition, with only minor changes in the investment structure.As of Jun","images":[{"img":"https://community-static.tradeup.com/news/833fd6f635fd4227de759871c5439132","width":"1159","height":"834"},{"img":"https://community-static.tradeup.com/news/56ce2a87a11811158eabb893d700a0ff","width":"1167","height":"859"},{"img":"https://community-static.tradeup.com/news/50a97239e8f4d9e30dff83112da636b9","width":"1284","height":"1955"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910578657","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1639,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957813744,"gmtCreate":1677152304789,"gmtModify":1677152308161,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Wow A senior tiger Wow","listText":"Wow A senior tiger Wow","text":"Wow A senior tiger Wow","images":[{"img":"https://community-static.tradeup.com/news/5be8dbb0fc4b78323464a32e088902a6","width":"750","height":"984"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957813744","isVote":1,"tweetType":1,"viewCount":2020,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9995544729,"gmtCreate":1661487682864,"gmtModify":1676536529346,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995544729","repostId":"2262812935","repostType":2,"repost":{"id":"2262812935","kind":"highlight","pubTimestamp":1661486342,"share":"https://ttm.financial/m/news/2262812935?lang=en_US&edition=fundamental","pubTime":"2022-08-26 11:59","market":"us","language":"en","title":"Want $1,000 in Passive Income? Invest $4,626 in These 3 Stocks and Wait 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2262812935","media":"Motley Fool","summary":"These three companies are conservative and have a history of dividend increases.","content":"<div>\n<p>Building an income portfolio is a function of a couple of things. First, look at your financial goal and then work backward. In this case, let's say an investor wants to generate $1,000 in passive ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Want $1,000 in Passive Income? Invest $4,626 in These 3 Stocks and Wait 5 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWant $1,000 in Passive Income? Invest $4,626 in These 3 Stocks and Wait 5 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-26 11:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Building an income portfolio is a function of a couple of things. First, look at your financial goal and then work backward. In this case, let's say an investor wants to generate $1,000 in passive ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DUK":"杜克能源","O":"Realty Income Corp"},"source_url":"https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262812935","content_text":"Building an income portfolio is a function of a couple of things. First, look at your financial goal and then work backward. In this case, let's say an investor wants to generate $1,000 in passive income from three stocks in five years. The next step is to find three good stocks and then calculate how many shares to buy to generate that income. Theoretically it would take a smaller investment if we used a dividend reinvestment plan, but that complicates the math.The three stocks are Realty Income, STORE Capital and Duke Energy. I'll work through the math when discussing each one. Note that I am also choosing conservative names, which would be appropriate for an income investor.Triple-net lease REITs are highly stable income-generating businessesRealty Income is a real estate investment trust (REIT) that focuses on single-tenant real estate properties. It is a Dividend Aristocrat, and has been a stalwart performer through thick and thin. It leases properties to tenants under long-term triple-net lease contracts. These contracts generally last a long time and push most of the operational costs on to the tenant. The stock is currently trading at about $70.60 and pays an annual dividend of $2.97. Over five years, the stock should pay a total of $14.85 in dividends, assuming no cuts or increases. To generate $333 in income you would need 22.5 shares, which would cost $1,589.As a Dividend Aristocrat, the company has a long history of dividend increases, so chances are that the stock will generate more than $14.85 in dividends over the next five years.   During the COVID-19 pandemic, most REITs cut their dividends. Realty Income hiked its dividend three times in 2020. It should be a core holding in an income investor's portfolio.STORE Capital has a similar business model to Realty Income. It is a major holding of Warren Buffett's Berkshire Hathaway. Like Realty Income, it largely focuses on tenants that are somewhat more insulated from the business cycle than most. STORE's typical tenants include fast-food and casual dining restaurants, child education centers, supermarkets, retail, and some manufacturing. Like Realty Income, the company was able to raise its dividend during the COVID-19 pandemic. Its business model is highly conservative, and it does a deep dive into the financials of its tenants. The stock is trading at about $27.50 and pays $1.54 in annual dividends. Assuming no cuts or increases, that should build to $7.70 in dividends over the next five years. To get $333 in income you would need 43.3 shares at a cost of $1,195.Regulated utilities are protected by the governmentDuke Energy is a regulated utility, which is another favorite for income investors. Duke provides electricity and natural gas service to the Southeast and parts of the Midwest. Regulated utilities are often granted monopoly rights for a territory in exchange for letting the regulators determine what they are permitted to charge. This prevents the utility from price gouging, and it also ensures that it can earn a return without getting into financial distress. Utilities have historically been considered some of the safest stocks given that demand is pretty constant and they face little competition. Duke is currently trading at about $110.50 per share. Duke pays an annual dividend of $4.02, which would amount to $20.10 over five years. To generate $333 in income you would need 16.6 shares which would cost about $1,843So, overall if you bought these three stocks, it would cost $4,626 to buy enough shares to generate $1,000 in income over the next five years. Given that these stocks have a history of dividend increases even during tough times, chances are the income would be more than $1,000.","news_type":1,"symbols_score_info":{"O":0.9,"DUK":0.9,"STOR":0.9}},"isVote":1,"tweetType":1,"viewCount":1370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995544514,"gmtCreate":1661487673639,"gmtModify":1676536529346,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995544514","repostId":"2262812935","repostType":2,"repost":{"id":"2262812935","kind":"highlight","pubTimestamp":1661486342,"share":"https://ttm.financial/m/news/2262812935?lang=en_US&edition=fundamental","pubTime":"2022-08-26 11:59","market":"us","language":"en","title":"Want $1,000 in Passive Income? Invest $4,626 in These 3 Stocks and Wait 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2262812935","media":"Motley Fool","summary":"These three companies are conservative and have a history of dividend increases.","content":"<div>\n<p>Building an income portfolio is a function of a couple of things. First, look at your financial goal and then work backward. In this case, let's say an investor wants to generate $1,000 in passive ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Want $1,000 in Passive Income? Invest $4,626 in These 3 Stocks and Wait 5 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWant $1,000 in Passive Income? Invest $4,626 in These 3 Stocks and Wait 5 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-26 11:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Building an income portfolio is a function of a couple of things. First, look at your financial goal and then work backward. In this case, let's say an investor wants to generate $1,000 in passive ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DUK":"杜克能源","O":"Realty Income Corp"},"source_url":"https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262812935","content_text":"Building an income portfolio is a function of a couple of things. First, look at your financial goal and then work backward. In this case, let's say an investor wants to generate $1,000 in passive income from three stocks in five years. The next step is to find three good stocks and then calculate how many shares to buy to generate that income. Theoretically it would take a smaller investment if we used a dividend reinvestment plan, but that complicates the math.The three stocks are Realty Income, STORE Capital and Duke Energy. I'll work through the math when discussing each one. Note that I am also choosing conservative names, which would be appropriate for an income investor.Triple-net lease REITs are highly stable income-generating businessesRealty Income is a real estate investment trust (REIT) that focuses on single-tenant real estate properties. It is a Dividend Aristocrat, and has been a stalwart performer through thick and thin. It leases properties to tenants under long-term triple-net lease contracts. These contracts generally last a long time and push most of the operational costs on to the tenant. The stock is currently trading at about $70.60 and pays an annual dividend of $2.97. Over five years, the stock should pay a total of $14.85 in dividends, assuming no cuts or increases. To generate $333 in income you would need 22.5 shares, which would cost $1,589.As a Dividend Aristocrat, the company has a long history of dividend increases, so chances are that the stock will generate more than $14.85 in dividends over the next five years.   During the COVID-19 pandemic, most REITs cut their dividends. Realty Income hiked its dividend three times in 2020. It should be a core holding in an income investor's portfolio.STORE Capital has a similar business model to Realty Income. It is a major holding of Warren Buffett's Berkshire Hathaway. Like Realty Income, it largely focuses on tenants that are somewhat more insulated from the business cycle than most. STORE's typical tenants include fast-food and casual dining restaurants, child education centers, supermarkets, retail, and some manufacturing. Like Realty Income, the company was able to raise its dividend during the COVID-19 pandemic. Its business model is highly conservative, and it does a deep dive into the financials of its tenants. The stock is trading at about $27.50 and pays $1.54 in annual dividends. Assuming no cuts or increases, that should build to $7.70 in dividends over the next five years. To get $333 in income you would need 43.3 shares at a cost of $1,195.Regulated utilities are protected by the governmentDuke Energy is a regulated utility, which is another favorite for income investors. Duke provides electricity and natural gas service to the Southeast and parts of the Midwest. Regulated utilities are often granted monopoly rights for a territory in exchange for letting the regulators determine what they are permitted to charge. This prevents the utility from price gouging, and it also ensures that it can earn a return without getting into financial distress. Utilities have historically been considered some of the safest stocks given that demand is pretty constant and they face little competition. Duke is currently trading at about $110.50 per share. Duke pays an annual dividend of $4.02, which would amount to $20.10 over five years. To generate $333 in income you would need 16.6 shares which would cost about $1,843So, overall if you bought these three stocks, it would cost $4,626 to buy enough shares to generate $1,000 in income over the next five years. Given that these stocks have a history of dividend increases even during tough times, chances are the income would be more than $1,000.","news_type":1,"symbols_score_info":{"O":0.9,"DUK":0.9,"STOR":0.9}},"isVote":1,"tweetType":1,"viewCount":1581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999926731,"gmtCreate":1660452050026,"gmtModify":1676533474044,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999926731","repostId":"2259268147","repostType":4,"repost":{"id":"2259268147","kind":"highlight","pubTimestamp":1660443357,"share":"https://ttm.financial/m/news/2259268147?lang=en_US&edition=fundamental","pubTime":"2022-08-14 10:15","market":"us","language":"en","title":"How to Make 300% in the Stock Market Without Really Trying","url":"https://stock-news.laohu8.com/highlight/detail?id=2259268147","media":"InvestorPlace","summary":"In 2012, I made 300% returns in the stock market without really trying.It happened again in 2020…And","content":"<div>\n<p>In 2012, I made 300% returns in the stock market without really trying.It happened again in 2020…And then again in 2021…My secret?I bought companies in consolidating industries.For 2012, it was the ...</p>\n\n<a href=\"https://investorplace.com/2022/08/how-to-make-300-in-the-stock-market-without-really-trying/\">Source Link</a>\n\n</div>\n","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How to Make 300% in the Stock Market Without Really Trying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow to Make 300% in the Stock Market Without Really Trying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-14 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/08/how-to-make-300-in-the-stock-market-without-really-trying/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In 2012, I made 300% returns in the stock market without really trying.It happened again in 2020…And then again in 2021…My secret?I bought companies in consolidating industries.For 2012, it was the ...</p>\n\n<a href=\"https://investorplace.com/2022/08/how-to-make-300-in-the-stock-market-without-really-trying/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","BK4500":"航空公司","BK4534":"瑞士信贷持仓","CSX":"CSX运输","BK4115":"综合电信业务","TQQQ":"纳指三倍做多ETF","T":"At&T","LUV":"西南航空","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","QID":"两倍做空纳斯达克指数ETF-ProShares","TMUS":"T-Mobile US Inc","BK4190":"消闲用品","VSTO":"Vista Outdoor Inc","PSQ":"做空纳斯达克100指数ETF-ProShares","BK4515":"5G概念","BK4132":"无线电信业务","BK4559":"巴菲特持仓","BK4520":"美国基建股","BK4549":"软银资本持仓","BK4008":"航空公司","UAL":"联合大陆航空","BK4550":"红杉资本持仓","BK4581":"高盛持仓","BK4507":"流媒体概念","DAL":"达美航空","QQQ":"纳指100ETF","BTU":"Peabody","VZ":"Verizon Comms","CP":"加拿大太平洋铁路","BK4156":"煤与消费用燃料","BK4561":"索罗斯持仓","SQQQ":"纳指三倍做空ETF","BK4016":"铁路","BK4532":"文艺复兴科技持仓","QLD":"2倍做多纳斯达克100指数ETF-ProShares"},"source_url":"https://investorplace.com/2022/08/how-to-make-300-in-the-stock-market-without-really-trying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2259268147","content_text":"In 2012, I made 300% returns in the stock market without really trying.It happened again in 2020…And then again in 2021…My secret?I bought companies in consolidating industries.For 2012, it was the airline industry. Ammunition in 2020. And coal in 2021.In each of these cases, a “terrible” industry would see profits rise 5x… 10x… 20x… after bankruptcies, liquidations and mergers left the industry with few remaining players. It’s a wellspring of easy profits.The strategy only works every several years; industry consolidation doesn’t happen all the time.But when it does happen, investors can outperform the market. And today, one new industry is teasing 300% returns. Read on to find which one.And if you enjoy this article, click here to subscribe to Tom Yeung’s Profit & Protection to get the latest updates in your inbox.Exploiting Inefficient MarketsThe reason for airline outperformance was simple:Markets are efficient vehicles for gathering consensus market views……but consensus views are sometimes slow to change, especially with consolidating industries.In the case of airlines, investors “knew” it was a terrible industry.“For 100 years, airline transport has not been a good business,” Warren Buffett said in a 2013 interview on CNBC. “A seat on an airliner as a commodity to a great extent.”But managers with billion-dollar funds often can’t see the changes that you and I do. The tight-fisted Mr. Buffett flies around in a private jet he once named “The Indefensible.” And how would an analyst sitting in Wall Street’s glass buildings (as I once did) know the price of a gallon of milk? Even I almost missed the rise of airline fares.Yet, these Wall Street blind spots create enormous buying opportunities.Railways. Companies like Canadian Pacific Railway (NYSE:CP) rose +600% between 2009-2014.Ammunition. Bullet-maker Vista Outdoors (NYSE:VSTO) jumped +550% between 2020-2021.Coal. Near-bankrupt miner Peabody Energy (NYSE:BTU) skyrocketed +900% between 2021-2022In each of these instances, a “Main Street” industry would suddenly become a superstar winner because of one word:Consolidation.In the case of airlines, mega-mergers between top players meant that the top 4 carriers controlled two-thirds of the industry by 2013. Delta (NYSE:DAL) would make up 80% of all flights from Atlanta’s Hartsfield-Jackson airport that year.In rail, these same forces would turn a struggling industry into one of America’s most profitable sectors. Only seven Class I freight railroads exist today, down from 33 in 1980. And concentration in specific sectors is higher; two railroads now originate 65% of all U.S. grain.These changes are apparent to anyone who works in the business. Try to buy ammunition at your local gun store, and you’ll have a choice between two manufacturers. Shells now easily cost over a dollar per round. And at the grocery store, our choice of meat and prepackaged bread is an illusion. 2-3 companies now own dozens of brands on store shelves.Observant investors will notice these things in everyday life.Meanwhile, outsiders on Wall Street are often slow in responding to these tectonic shifts, especially when they’re happening far away from the glass high-rise offices of Manhattan or Omaha.Beating the Street at Its Own GameThere are three ingredients to these hidden gems:A “Hated” Industry. A history of low returns, poor growth and high capital requirements will set the stage for cheap stock prices.Consolidation. Mergers, acquisitions and bankruptcies that give the remaining players pricing power.Essential Goods. Sectors that produce goods that are difficult or impossible to substitute.And today, one sector stands out as the next big winner:Telecom.From Four to ThreeAsk any Wall Street investor about telecom, and watch them respond with a mix of apathy and disgust. The iShares Global Communication Services ETF (NYSEARCA:IXP) has risen just 7% since 2005, underperforming every other sector of the Global Industry Classification Standard (GICS).There’s a good reason for the dismal performance. For years, America’s telecom firms have fought in a seven-way battle. The two top players AT&T (NYSE:T) and Verizon (NYSE:VZ) competed against upstarts Sprint and T-Mobile (NASDAQ:TMUS), along with smaller players Leap, MetroPCS and U.S. Cellular (NYSE:USM).It was a recipe for disaster. High capital expenditure, changing technologies and a massive country to cover meant that firms like Verizon could sink $20 billion per year since 2000 into capital investment and still see end-user prices stagnate.Put another way, my $40-per-month cell phone bill had barely budged in the 20 years leading up to 2020But that also gives telecom the perfect setup for 300% gains.Since 2011, the number of wireless providers has shrunk from seven to four. And with U.S. Cellular’s market share dropping to 1%, the wireless industry has become a three-way race.Prices have already started creeping up. The cheapest plan from T-Mobile for a single line now costs $70 after taxes and fees, reversing years of price declines. According to the BLS, spending on cell phone services finally stopped falling in 2020.“A stable competitive market never has more than three significant competitors,” BCG founder Bruce Henderson noted in 1976. The “rule of three” eventually makes it “neither practical nor advantageous for either competitor to increase or decrease share.”In other words, telecom is no longer a race to the bottom.Which Telecom Stock Should You Buy?So, why do I say investors can make 300% with virtually no effort?That’s because there’s no need for fancy 3-stage DCF models……Complicated intrinsic value calculations……Or reading the tea leaves of management guidance.That’s because when industries consolidate, all companies gain.For airlines in 2013, investors could have easily made the same high returns on Southwest (NYSE:LUV), United (NASDAQ:UAL) or Hawaiian (NASDAQ:HA).Similarly, telecom’s three remaining players – AT&T, Verizon and T-Mobile – all stand to profit. Even though Profit & Protection has highlighted AT&T for its cheapest starting price, the trio all provide the same essential wireless services, and all have begun flexing their oligopolistic pricing power.Bottom line: buy AT&T if you only pick one telecom, but all three should outperform over the next decade.Some Patience Required… Consolidation plays are phenomenal for their high batting average and relative safety. AT&T has a 6% dividend yield, one of the highest rates for a blue-chip stock.The strategy, however, can take years to play out. Freight railroad CSX (NASDAQ:CSX) took over a decade to rise 10x.That means high-frequency traders are better off buying high-beta momentum stocks listed in Tuesday’s newsletter. But if you are willing to wait for returns without really trying, then AT&T and the telecom industry provides a stunningly attractive play.","news_type":1,"symbols_score_info":{"CP":1,"TMUS":1,"VSTO":1,"PSQ":0.6,"SQQQ":0.6,"CSX":1,"QLD":0.6,"QID":0.6,"BTU":1,"TQQQ":0.6,"USM":1,"MNQmain":0.6,"VZ":1,"DAL":1,"LUV":1,"NQmain":0.6,"QQQ":0.6,"T":1,"UAL":1,".IXIC":0.72,"HA":1}},"isVote":1,"tweetType":1,"viewCount":1508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045720373,"gmtCreate":1656658880492,"gmtModify":1676535872992,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"🙃","listText":"🙃","text":"🙃","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045720373","repostId":"2247888600","repostType":2,"repost":{"id":"2247888600","kind":"highlight","pubTimestamp":1656687794,"share":"https://ttm.financial/m/news/2247888600?lang=en_US&edition=fundamental","pubTime":"2022-07-01 23:03","market":"us","language":"en","title":"S&P 500 Bear Market: Warren Buffett's 2008 Advice Still Holds True","url":"https://stock-news.laohu8.com/highlight/detail?id=2247888600","media":"Motley Fool","summary":"Here's what history can teach us about the current market downturn.","content":"<div>\n<p>KEY POINTSNo two bear markets are identical, but they are similar in many ways.Warren Buffett's advice from 2008 can provide insight into the current market slump.The right strategy can protect your ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/30/sp-500-bear-market-warren-buffetts-2008-advice-sti/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 Bear Market: Warren Buffett's 2008 Advice Still Holds True</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 Bear Market: Warren Buffett's 2008 Advice Still Holds True\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-01 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/30/sp-500-bear-market-warren-buffetts-2008-advice-sti/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSNo two bear markets are identical, but they are similar in many ways.Warren Buffett's advice from 2008 can provide insight into the current market slump.The right strategy can protect your ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/30/sp-500-bear-market-warren-buffetts-2008-advice-sti/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2022/06/30/sp-500-bear-market-warren-buffetts-2008-advice-sti/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2247888600","content_text":"KEY POINTSNo two bear markets are identical, but they are similar in many ways.Warren Buffett's advice from 2008 can provide insight into the current market slump.The right strategy can protect your money as much as possible.It's not an easy time to be an investor right now. Stock prices have plummeted over the last six months, and many Americans are worried that a recession could be looming. Nobody knows when the market will bottom out or how long it might take to recover, which only adds to many investors' concerns.Sometimes, though, looking back on previous downturns can make it easier to get through the current one. Back in 2008, at the height of the Great Recession, Warren Buffett wrote an opinion piece for TheNew York Times. His advice is just as relevant today, and it could help make this downturn more bearable.Bear markets are buying opportunitiesIt may seem counterintuitive to invest when stock prices are at their lowest. But Buffett has long encouraged investors to buy during downturns to take advantage of the inevitable upswing. In the 2008 New York Times piece, he said, \"In short, bad news is an investor's best friend. It lets you buy a slice of America's future at a marked-down price.\"Back in 2008, nobody knew what would happen with the market. The country was experiencing one of the worst economic downturns in history, and it was tough for investors to stay optimistic.However, after stock prices hit rock bottom in March 2009, the S&P 500 saw returns of nearly 70% over just the following year. The best way to earn those types of returns is to invest when the market is at its worst and simply wait it out.^SPX data by YChartsOf course, every bear market is different, and there are no guarantees that the S&P 500 will see similar gains after this slump. But the market will recover eventually, and by investing now, you can take advantage of the inevitable rebound.Keeping a long-term outlookInvesting when prices are low is only one part of the equation. It's also critical to hold those investments for at least several years as the market recovers.Back in 2008, Buffett emphasized that while he couldn't say how the market would perform over the short term, he was confident stock prices would rebound. And when they did, those who stayed in the market saw the biggest payoffs. He said at the time: \"[B]usinesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records five, 10 and 20 years from now.\"Again, the current bear market is different from the Great Recession in many ways, so the recovery may look different than it did a decade ago. But historically, every single bear market has eventually given way to a bull market, and long-term investors have reaped the rewards.Patience pays offIt's not easy to invest right now, and this downturn has shaken even experienced investors. But if previous sell-offs have taught us anything, it's that the market can recover from just about anything. That means those with the most patience will be rewarded over time.Every market downturn will be different, but the overall lessons are the same. If you can afford it, continuing to invest right now will pay off down the road. And by maintaining a long-term outlook and investing in strong companies, you'll be on your way to building lifelong wealth in the stock market.","news_type":1,"symbols_score_info":{".SPX":0.6,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9029499857,"gmtCreate":1652820478879,"gmtModify":1676535165730,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Dividend 👍🏻","listText":"Dividend 👍🏻","text":"Dividend 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029499857","repostId":"2229732198","repostType":2,"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9029568666,"gmtCreate":1652799826155,"gmtModify":1676535164098,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Slowly but surely","listText":"Slowly but surely","text":"Slowly but surely","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029568666","repostId":"2236380210","repostType":2,"repost":{"id":"2236380210","kind":"highlight","pubTimestamp":1652799675,"share":"https://ttm.financial/m/news/2236380210?lang=en_US&edition=fundamental","pubTime":"2022-05-17 23:01","market":"us","language":"en","title":"$300 a Month in These 3 Stocks Could Make You a Millionaire by Retirement","url":"https://stock-news.laohu8.com/highlight/detail?id=2236380210","media":"Motley Fool","summary":"With patience and great companies, this small monthly amount can turn into a massive sum.","content":"<div>\n<p>One million dollars. This amount seems like a lot, but it has lost a bit of its weight due to inflation. Still, it's a goal nearly every investor has. To achieve this goal through the stock market, ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/17/300-a-month-in-these-3-stocks-could-make-you-a-mil/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>$300 a Month in These 3 Stocks Could Make You a Millionaire by Retirement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n$300 a Month in These 3 Stocks Could Make You a Millionaire by Retirement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-17 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/17/300-a-month-in-these-3-stocks-could-make-you-a-mil/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One million dollars. This amount seems like a lot, but it has lost a bit of its weight due to inflation. Still, it's a goal nearly every investor has. To achieve this goal through the stock market, ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/17/300-a-month-in-these-3-stocks-could-make-you-a-mil/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达",".SPX":"S&P 500 Index","TTD":"Trade Desk Inc."},"source_url":"https://www.fool.com/investing/2022/05/17/300-a-month-in-these-3-stocks-could-make-you-a-mil/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236380210","content_text":"One million dollars. This amount seems like a lot, but it has lost a bit of its weight due to inflation. Still, it's a goal nearly every investor has. To achieve this goal through the stock market, investors can purchase index funds, individual stocks, or a combination of the two. Because index funds track indexes like the S&P 500 or Nasdaq-100, they are widely diversified and move in smaller increments. On the other hand, individual stocks have more significant potential but also more risk. Using a combination of these two methods can help investors meet their goal of becoming a millionaire by retirement.If the right stocks are chosen, a $300 a month contribution split among three stocks can be the ticket to becoming a millionaire by retirement. Of course, $300 is entirely arbitrary, and investors can find the future value of constant cash flows with the following formula:Image source: Author. F is the future value of an investment, A is an equal cash flow, i is the interest rate, and N is the number of interest periods.Using this formula, one can deduce that a $300 per month cash flow, 12% annual interest rate, and 30 years will yield more than $1 million compounded monthly.I'm sure that's enough math for many readers, so let's move on to what stocks can make this projection happen.Stock 1: An S&P 500 Index FundI know this is boring, but an S&P 500 index fund like SPY is a great portfolio foundation. It gives investors instant diversification in 500 of the largest companies in the U.S. and has returned 10.5% annually since its inception in 1957 through 2021.Because this return rate is lower than our required 12% return, the other two stocks will need to produce a higher average return -- about 12.6% per year. 12.6% over 30 years is an impressive run for a company; however, many companies have accomplished this.Microsoft and Apple had a compounded annual growth rate of 16.8% and 20.3% over the past 30 years.  Admittedly, these are pretty extreme examples, but even Home Depot would meet this criterion, as it has returned 13.4% annually over the past 30 years.Individual stocks can meet this benchmark, so which ones can grow for 30 years?Stock 2: NvidiaThe premier GPU (graphics processing unit) producer Nvidia is one stock I believe can grow for 30 years. Even though Nvidia already has a $400 billion market cap, this company can easily maintain a 12% stock growth rate for 30 years.Its bread and butter product, GPUs, are being used in many products like gaming computers, data centers, and self-driving cars. With every consumer and company pursuing better performance, Nvidia's products will always be in demand as long as they stay at the industry's top.The business is growing rapidly, with earnings per share rising 103% YoY (year over year) on quarterly revenue growth of 53%. With the company developing more software applications like Nvidia AI, the omniverse (Nvidia's version of the metaverse), and Nvidia DRIVE (Nvidia's autonomous vehicle solution), its margins will continue to rise.Nvidia may be a large company now, but its innovation and relevance in future technologies will make it a stock that can deliver massive shareholder returns over the next 30 years.Stock 3: The Trade DeskAdvertising has been around since ancient times, so there's little chance it will fade away within the next 30 years. However, the medium in which it's delivered likely will. Linear TV has dominated since its invention, but with the rising of streaming, advertisers can now choose a targeted audience instead of the broad public.The Trade Desk is one of the companies leading this charge, and it also has a strong presence in other forms of online advertising. In 2019, the IDC (International Data Corporation) projected around $750 billion in global advertising spending, and The Trade Desk believes it can capture a large portion of that. By using third-party, first-party, and proprietary in-house data, The Trade Desk believes its data management platform can target customers accurately while maintaining customer privacy.The Trade Desk is already a successful company, with an adjusted Q1 EBITDA margin of 38% on revenue of $315 million (which grew 43% YoY). Its massive market opportunity and profitability will allow The Trade Desk to maintain its leadership status in a significant and growing digital advertising industry.Along with an S&P 500 index fund, these two companies can make an investor a millionaire in 30 years with a mere $300 a month. However, investors cannot get spooked and sell during difficult market conditions like those we are experiencing now. As long as the company's thesis is still on track, investors need to be committed to the $300 per month in good times and bad. The key is consistency and patience, two traits that are easier said than done. However, if an investor can master these traits, the rewards will be fantastic.","news_type":1,"symbols_score_info":{".SPX":0.6,"TTD":0.9,"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094378097,"gmtCreate":1645069482912,"gmtModify":1676533994131,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Today it's a good day&nbsp;","listText":"Today it's a good day&nbsp;","text":"Today it's a good day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094378097","isVote":1,"tweetType":1,"viewCount":842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094371304,"gmtCreate":1645069401090,"gmtModify":1676533994106,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094371304","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001086262,"gmtCreate":1641103680994,"gmtModify":1676533572967,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001086262","repostId":"2200444738","repostType":2,"repost":{"id":"2200444738","kind":"highlight","pubTimestamp":1641099600,"share":"https://ttm.financial/m/news/2200444738?lang=en_US&edition=fundamental","pubTime":"2022-01-02 13:00","market":"us","language":"en","title":"If I Could Buy Only 1 Stock in 2022, This Would Be It","url":"https://stock-news.laohu8.com/highlight/detail?id=2200444738","media":"Motley Fool","summary":"Our favorite stock picks for the coming year.","content":"<div>\n<p>We're firm believers in the benefit of owning a diversified portfolio of stocks. However, we all have our favorite stocks.We asked some of our Fool.com contributors to whittle their favorites down to ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/01/if-i-could-buy-only-1-stock-in-2022-this-would-be/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If I Could Buy Only 1 Stock in 2022, This Would Be It</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf I Could Buy Only 1 Stock in 2022, This Would Be It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-02 13:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/01/if-i-could-buy-only-1-stock-in-2022-this-would-be/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We're firm believers in the benefit of owning a diversified portfolio of stocks. However, we all have our favorite stocks.We asked some of our Fool.com contributors to whittle their favorites down to ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/01/if-i-could-buy-only-1-stock-in-2022-this-would-be/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BEPC":"Brookfield Renewable Corp.","BK4512":"苹果概念","BEP":"Brookfield Renewable Partners LP","BK4135":"资产管理与托管银行","BAM":"布鲁克菲尔德资产管理","BK4133":"新能源发电业者","MMM":"3M","BK4534":"瑞士信贷持仓","BK4206":"工业集团企业"},"source_url":"https://www.fool.com/investing/2022/01/01/if-i-could-buy-only-1-stock-in-2022-this-would-be/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2200444738","content_text":"We're firm believers in the benefit of owning a diversified portfolio of stocks. However, we all have our favorite stocks.We asked some of our Fool.com contributors to whittle their favorites down to their top choice to buy in 2022 if they could only pick one. Here's why 3M (NYSE:MMM), Brookfield Asset Management (NYSE:BAM), and Brookfield Renewable (NYSE:BEP)(NYSE:BEPC) topped their lists as the one stock they'd buy this year. Image source: Getty Images.A diversified giant that's still on saleReuben Gregg Brewer (3M): Benjamin Graham, renowned value investor and mentor to Warren Buffet, explains that investors are partnered with \"Mr. Market,\" a mercurial fellow prone to fits of despair and jubilation. When he's overly excited, you should consider selling to him; when he's pessimistic, you should think about buying. Right now, Mr. Market is very downbeat on diversified international industrial giant 3M. One way to see this is that the company's dividend yield, at around 3.3%, is near the top end of its historical range.MMM Dividend Yield data by YChartsGraham had some other advice when it came to actually selecting stocks. Specifically, he argued that most investors would be wise sticking to large, financially strong companies, with strong dividend histories. 3M stacks up well on these measures. It has a market cap of $100 billion, which makes it a mega-cap stock. Its balance sheet is investment-grade rated by the major credit agencies, so it's financially strong. And it has increased its dividend annually for over 60 years, making it a very elite Dividend King.So why is Mr. Market pessimistic? The answer is a mixture of slowing growth and some product and environmental lawsuits. These are notable problems, but they're not insurmountable. On the business front, the industrial giant's operations wax and wane over time just like any other company. Given its history and focus on innovation, it should eventually get back on a better track. As for the lawsuits, they could be costly, but it's likely that 3M will be able to handle the hit. In the end, this is an attractively priced name with a great history that is dealing with issues that seem transitory.A proven value creatorMatt DiLallo (Brookfield Asset Management): I like to invest. Because of that, I routinely purchase a variety of stocks. However, if I could only buy one in the coming year, Brookfield Asset Management would be my top choice.For starters, I love the company's management. CEO Bruce Flatt is a personal favorite of mine. He's right up there with Warren Buffett in my book as one of the best value investors around. I enjoy reading his quarterly letter to shareholders, which Flatt fills with investing and economic insight. He's also a proven value creator. Since becoming CEO in 2002, he's helped Brookfield deliver a 15.7% total annualized return, pulverizing the S&P 500's 10.6% total return during that time frame. I also like the company's business model. Brookfield is a leading global alternative asset manager focused on real estate, infrastructure, and renewable energy -- three of my favorite investing themes. An investment in Brookfield provides broad exposure to those three asset classes and many more. Brookfield invests directly across those themes and manages private equity funds focused on those sectors.Finally, Brookfield has enormous upside potential. It expects to double its fee-bearing assets under management over the next five years. Combine that with performance-based earnings on its funds and the compounding value of its balance sheet investments, and it has the potential of generating up to 25% annualized total returns over the next five years. That upside, along with all the other positives, is why I'd buy Brookfield if it were the only stock I could purchase this year. Investors are overlooking the growth potential hereNeha Chamaria (Brookfield Renewable): 2021 is turning out to be a record-setting year for global renewable electricity addition, but this could just be the beginning. Yet shares of one of the largest pure-play renewables companies that's growing at a steady pace have languished this year, which is why Brookfield Renewable would be at the top of my shopping list of stocks to buy in 2022.Brookfield Renewable, in fact, generated record funds from operations (FFO) in its third quarter and believes it could grow FFO by nearly 20% per year through 2026 through a combination of organic and inorganic growth. 2021 was also a solid year in terms of growth initiatives, with Brookfield Renewable expanding its U.S. distributed-generation business by nearly five times, signing agreements to acquire multiple late-stage solar development projects in the U.S. and even making meaningful headway in the high-potential green hydrogen space.Brookfield Renewable's current development pipeline is larger than ever, and the company is committed to growing dividends annually by 5% to 9%. That shouldn't be tough given the solid pace of growth in its FFO. That dividend growth, its dividend yield of 3.4%, and the humongous growth potential in renewable energy are the biggest reasons why I consider Brookfield Renewable a top stock for 2022.","news_type":1,"symbols_score_info":{"BAM":1,"BEPC":1,"BEP":1,"MMM":1}},"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187698467,"gmtCreate":1623751243059,"gmtModify":1704210464184,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"Comment and like back ?","listText":"Comment and like back ?","text":"Comment and like back ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/187698467","repostId":"1167457915","repostType":4,"repost":{"id":"1167457915","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623750756,"share":"https://ttm.financial/m/news/1167457915?lang=en_US&edition=fundamental","pubTime":"2021-06-15 17:52","market":"us","language":"en","title":"Novavax Vs. Pfizer Vs. Moderna: How COVID-19 Vaccines Stack Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1167457915","media":"Benzinga","summary":"It was \"better late than never\" for Novavax, Inc.NVAX, as the biopharma finally got around to announ","content":"<p>It was \"better late than never\" for&nbsp;<b>Novavax, Inc.</b>NVAX, as the biopharma finally got around to announcing interim results from the U.S. and Mexico leg of the Phase 3 study of NVX-CoV2371, its vaccine candidate against the novel coronavirus.</p>\n<p>Here's a comparative perspective of the vaccine candidates from Novavax, and the frontrunners, namely<b>Pfizer Inc.</b>PFE 0.05%-<b>BioNTech SE</b>BNTXand<b>Moderna, Inc.</b>MRNA, both of which have authorized vaccines in the market.</p>\n<p><b>Vaccine Type:</b>&nbsp;Novavax's NVX-CoV2371 is a recombinant nano-particle protein-based COVID-19 vaccine that is packaged with the company's proprietary Matrix-M adjuvant.</p>\n<p>The Pfizer-BioNTech and Moderna products are mRNA vaccines, or modern&nbsp;vaccines that work by using a genetic code called mRNA that instructs our immune cells to make spike protein, which is found on the surface of the virus that causes COVID-19.</p>\n<p>This spike protein, though harmless, is capable of triggering our immune system to produce antibodies that offer protection against future infection.</p>\n<p>Novavax's vaccine is a protein adjuvant that contains the spike protein of the coronavirus itself, but formulated as a nanoparticle&nbsp;that cannot cause disease. The injected vaccine then stimulates the immune system to produce antibodies and T-cell immune responses.</p>\n<p><b>The Vaccine Doses:</b>&nbsp;The vaccines from each of the three companies require two doses. Each dose consists of 30 mcg for Pfizer and 100 mcg for Moderna, while for Novavax, each vaccine dose consists of 5 mcg of NVX-CoV2371 and 50 mcg of Matrix-M1 adjuvant that are co-formulated.</p>\n<p>The interval between the two doses —&nbsp;the priming and booster dose —&nbsp;is 21 days each for Pfizer and Novavax and 28 days for Moderna.</p>\n<p><b>The Target Population:</b>&nbsp;The original late-stage trial of Pfizer-BioNTech evaluated the vaccine in participants&nbsp;ages 16 years and older. The trial enrolled 43,448 participants.</p>\n<p>Moderna'sPhase 3 COVE study enrolled 30,000 participants&nbsp;ages 18 years and up.</p>\n<p>Since then, these two companies have obtained authorizations for their respective vaccines to be used in adolescents.</p>\n<p>Bothcompanieshave also initiated studies in the pediatric population.</p>\n<p>Novavax's study enrolled 29,960 participants&nbsp;18 years of age and older&nbsp;across 119 sites in the U.S. and Mexico. The placebo-controlled portion of PREVENT-19 continues in adolescents from 12 to less than 18 years of age and recently completed enrollment with 2,248 participants.</p>\n<p><b>Vaccine Logistics:</b>&nbsp;Pfizer recently secured FDA authorization for storing undiluted, thawed vaccine vials in the refrigerator at 2°C to 8°C for up to one month.</p>\n<p>Previously, thawed, undiluted vaccine vials could be stored in the refrigerator for up to five&nbsp;days. Moderna's vaccine can be stored refrigerated between 2° and 8°C for up to 30 days prior to first use.</p>\n<p>NVX-CoV2373 is stored and stable at 2°- 8°C, allowing the use of existing vaccine supply chain channels for its distribution. It is packaged in a ready-to-use liquid formulation in 10-dose vials.</p>\n<p><b>Vaccine Efficacy:</b>&nbsp;Interim data from Pfizer-BioNTech's Phase 3 trials released in December showed the vaccine was well-tolerated and demonstrated 95% efficacy in preventing COVID-19 in those without prior infection seven&nbsp;days or more after the second dose. Updated top-line results released for up to six months after the second dose confirmed efficacy at 91.3%.</p>\n<p>The vaccine was found 100% effective against severe disease as defined by the U.S. Centers for Disease Control and Prevention, and 95.3% effective against severe COVID-19 as defined by the FDA. It was also proved effective against the U.K. strain in lab studies.</p>\n<p>Moderna's vaccine showed efficacy of 94.1% against COVID-19. The company announced in May initial data from its Phase 2 study showing that a single 50 mcg dose of mRNA-1273 or mRNA-1273.351 given as a booster to previously vaccinated individuals increased neutralizing antibody titer responses against SARS-CoV-2 and two variants of concern, B.1.351, first identified in South Africa, and P.1, first identified in Brazil.</p>\n<p>Novavax's investigational vaccine demonstrated 100% protection against moderate and severe disease not involving variants of concern or variants of interest.</p>\n<p>Against variants of concern and variants of interest, the efficacy was 93.2% and in high-risk populations, defined as over 65 or under 65 years with certain comorbidities or having circumstances with frequent COVID-19 exposure, the efficacy was 91%.</p>\n<p>Overall efficacy was 90.4%, meeting the primary endpoint.</p>\n<p><b>Cantor Fitzgerald On Novavax's Vaccine:</b>A differentiating factor for NVX-2373&nbsp;is that it showed vaccine efficacy of 93.2% against VoC/VoI, which demonstrates protection across a broad range of SARS-CoV-2 strains, Cantor Fitzgerald analyst Charles Duncan said in a Monday morning note.</p>\n<p>\"Overall, these results enhance our conviction for a differentiated clinical and logistics profile from the SARS-CoV-2 vaccine candidate ‘2373,\" the analyst said.</p>\n<p>Showing efficacy against new strains in two Phase 3 clinical trials, rather than extrapolating potential efficacy from a neutralizing antibody assay conducted in a petri dish, differentiates NVX-CoV2373 from other vaccines that have emergency use authorization, he said.</p>\n<p>This profile, according to Cantor reduces regulatory/ commercial risk for the ‘2373 SARS-CoV-2 prophylactic vaccine candidate and, with positive Phase 3 data for NanoFlu reported in March 2020, should raise the profile for Novavax's platform as a whole.</p>\n<p><b>Vaccine Safety Data:</b>Pfizer-BioNTech's vaccine showed a favorable tolerability and safety profile, with the most common adverse events from&nbsp;BNT162b2 being transient, mild to moderate pain at the injection site, fatigue and headache, and these generally resolved within two days.</p>\n<p>For Moderna, the most common adverse reactions included injection site pain, fatigue, myalgia, arthralgia, headache, and erythema/redness at the injection site. Solicited adverse reactions increased in frequency and severity in the mRNA-1273 group after the second dose.</p>\n<p>Preliminary safety data from Novavax's trial showed the vaccine to be generally well-tolerated. Serious and severe adverse events were low in number and balanced between vaccine and placebo groups.</p>\n<p>In assessing reactogenicity seven&nbsp;days after dose one&nbsp;and dose two, injection site pain and tenderness, generally mild to moderate in severity, were the most common local symptoms, lasting less than three days. Fatigue, headache and muscle pain were the most common systemic symptoms, lasting less than two days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novavax Vs. Pfizer Vs. Moderna: How COVID-19 Vaccines Stack Up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovavax Vs. Pfizer Vs. Moderna: How COVID-19 Vaccines Stack Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-15 17:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>It was \"better late than never\" for&nbsp;<b>Novavax, Inc.</b>NVAX, as the biopharma finally got around to announcing interim results from the U.S. and Mexico leg of the Phase 3 study of NVX-CoV2371, its vaccine candidate against the novel coronavirus.</p>\n<p>Here's a comparative perspective of the vaccine candidates from Novavax, and the frontrunners, namely<b>Pfizer Inc.</b>PFE 0.05%-<b>BioNTech SE</b>BNTXand<b>Moderna, Inc.</b>MRNA, both of which have authorized vaccines in the market.</p>\n<p><b>Vaccine Type:</b>&nbsp;Novavax's NVX-CoV2371 is a recombinant nano-particle protein-based COVID-19 vaccine that is packaged with the company's proprietary Matrix-M adjuvant.</p>\n<p>The Pfizer-BioNTech and Moderna products are mRNA vaccines, or modern&nbsp;vaccines that work by using a genetic code called mRNA that instructs our immune cells to make spike protein, which is found on the surface of the virus that causes COVID-19.</p>\n<p>This spike protein, though harmless, is capable of triggering our immune system to produce antibodies that offer protection against future infection.</p>\n<p>Novavax's vaccine is a protein adjuvant that contains the spike protein of the coronavirus itself, but formulated as a nanoparticle&nbsp;that cannot cause disease. The injected vaccine then stimulates the immune system to produce antibodies and T-cell immune responses.</p>\n<p><b>The Vaccine Doses:</b>&nbsp;The vaccines from each of the three companies require two doses. Each dose consists of 30 mcg for Pfizer and 100 mcg for Moderna, while for Novavax, each vaccine dose consists of 5 mcg of NVX-CoV2371 and 50 mcg of Matrix-M1 adjuvant that are co-formulated.</p>\n<p>The interval between the two doses —&nbsp;the priming and booster dose —&nbsp;is 21 days each for Pfizer and Novavax and 28 days for Moderna.</p>\n<p><b>The Target Population:</b>&nbsp;The original late-stage trial of Pfizer-BioNTech evaluated the vaccine in participants&nbsp;ages 16 years and older. The trial enrolled 43,448 participants.</p>\n<p>Moderna'sPhase 3 COVE study enrolled 30,000 participants&nbsp;ages 18 years and up.</p>\n<p>Since then, these two companies have obtained authorizations for their respective vaccines to be used in adolescents.</p>\n<p>Bothcompanieshave also initiated studies in the pediatric population.</p>\n<p>Novavax's study enrolled 29,960 participants&nbsp;18 years of age and older&nbsp;across 119 sites in the U.S. and Mexico. The placebo-controlled portion of PREVENT-19 continues in adolescents from 12 to less than 18 years of age and recently completed enrollment with 2,248 participants.</p>\n<p><b>Vaccine Logistics:</b>&nbsp;Pfizer recently secured FDA authorization for storing undiluted, thawed vaccine vials in the refrigerator at 2°C to 8°C for up to one month.</p>\n<p>Previously, thawed, undiluted vaccine vials could be stored in the refrigerator for up to five&nbsp;days. Moderna's vaccine can be stored refrigerated between 2° and 8°C for up to 30 days prior to first use.</p>\n<p>NVX-CoV2373 is stored and stable at 2°- 8°C, allowing the use of existing vaccine supply chain channels for its distribution. It is packaged in a ready-to-use liquid formulation in 10-dose vials.</p>\n<p><b>Vaccine Efficacy:</b>&nbsp;Interim data from Pfizer-BioNTech's Phase 3 trials released in December showed the vaccine was well-tolerated and demonstrated 95% efficacy in preventing COVID-19 in those without prior infection seven&nbsp;days or more after the second dose. Updated top-line results released for up to six months after the second dose confirmed efficacy at 91.3%.</p>\n<p>The vaccine was found 100% effective against severe disease as defined by the U.S. Centers for Disease Control and Prevention, and 95.3% effective against severe COVID-19 as defined by the FDA. It was also proved effective against the U.K. strain in lab studies.</p>\n<p>Moderna's vaccine showed efficacy of 94.1% against COVID-19. The company announced in May initial data from its Phase 2 study showing that a single 50 mcg dose of mRNA-1273 or mRNA-1273.351 given as a booster to previously vaccinated individuals increased neutralizing antibody titer responses against SARS-CoV-2 and two variants of concern, B.1.351, first identified in South Africa, and P.1, first identified in Brazil.</p>\n<p>Novavax's investigational vaccine demonstrated 100% protection against moderate and severe disease not involving variants of concern or variants of interest.</p>\n<p>Against variants of concern and variants of interest, the efficacy was 93.2% and in high-risk populations, defined as over 65 or under 65 years with certain comorbidities or having circumstances with frequent COVID-19 exposure, the efficacy was 91%.</p>\n<p>Overall efficacy was 90.4%, meeting the primary endpoint.</p>\n<p><b>Cantor Fitzgerald On Novavax's Vaccine:</b>A differentiating factor for NVX-2373&nbsp;is that it showed vaccine efficacy of 93.2% against VoC/VoI, which demonstrates protection across a broad range of SARS-CoV-2 strains, Cantor Fitzgerald analyst Charles Duncan said in a Monday morning note.</p>\n<p>\"Overall, these results enhance our conviction for a differentiated clinical and logistics profile from the SARS-CoV-2 vaccine candidate ‘2373,\" the analyst said.</p>\n<p>Showing efficacy against new strains in two Phase 3 clinical trials, rather than extrapolating potential efficacy from a neutralizing antibody assay conducted in a petri dish, differentiates NVX-CoV2373 from other vaccines that have emergency use authorization, he said.</p>\n<p>This profile, according to Cantor reduces regulatory/ commercial risk for the ‘2373 SARS-CoV-2 prophylactic vaccine candidate and, with positive Phase 3 data for NanoFlu reported in March 2020, should raise the profile for Novavax's platform as a whole.</p>\n<p><b>Vaccine Safety Data:</b>Pfizer-BioNTech's vaccine showed a favorable tolerability and safety profile, with the most common adverse events from&nbsp;BNT162b2 being transient, mild to moderate pain at the injection site, fatigue and headache, and these generally resolved within two days.</p>\n<p>For Moderna, the most common adverse reactions included injection site pain, fatigue, myalgia, arthralgia, headache, and erythema/redness at the injection site. Solicited adverse reactions increased in frequency and severity in the mRNA-1273 group after the second dose.</p>\n<p>Preliminary safety data from Novavax's trial showed the vaccine to be generally well-tolerated. Serious and severe adverse events were low in number and balanced between vaccine and placebo groups.</p>\n<p>In assessing reactogenicity seven&nbsp;days after dose one&nbsp;and dose two, injection site pain and tenderness, generally mild to moderate in severity, were the most common local symptoms, lasting less than three days. Fatigue, headache and muscle pain were the most common systemic symptoms, lasting less than two days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","NVAX":"诺瓦瓦克斯医药","PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167457915","content_text":"It was \"better late than never\" for Novavax, Inc.NVAX, as the biopharma finally got around to announcing interim results from the U.S. and Mexico leg of the Phase 3 study of NVX-CoV2371, its vaccine candidate against the novel coronavirus.\nHere's a comparative perspective of the vaccine candidates from Novavax, and the frontrunners, namelyPfizer Inc.PFE 0.05%-BioNTech SEBNTXandModerna, Inc.MRNA, both of which have authorized vaccines in the market.\nVaccine Type: Novavax's NVX-CoV2371 is a recombinant nano-particle protein-based COVID-19 vaccine that is packaged with the company's proprietary Matrix-M adjuvant.\nThe Pfizer-BioNTech and Moderna products are mRNA vaccines, or modern vaccines that work by using a genetic code called mRNA that instructs our immune cells to make spike protein, which is found on the surface of the virus that causes COVID-19.\nThis spike protein, though harmless, is capable of triggering our immune system to produce antibodies that offer protection against future infection.\nNovavax's vaccine is a protein adjuvant that contains the spike protein of the coronavirus itself, but formulated as a nanoparticle that cannot cause disease. The injected vaccine then stimulates the immune system to produce antibodies and T-cell immune responses.\nThe Vaccine Doses: The vaccines from each of the three companies require two doses. Each dose consists of 30 mcg for Pfizer and 100 mcg for Moderna, while for Novavax, each vaccine dose consists of 5 mcg of NVX-CoV2371 and 50 mcg of Matrix-M1 adjuvant that are co-formulated.\nThe interval between the two doses — the priming and booster dose — is 21 days each for Pfizer and Novavax and 28 days for Moderna.\nThe Target Population: The original late-stage trial of Pfizer-BioNTech evaluated the vaccine in participants ages 16 years and older. The trial enrolled 43,448 participants.\nModerna'sPhase 3 COVE study enrolled 30,000 participants ages 18 years and up.\nSince then, these two companies have obtained authorizations for their respective vaccines to be used in adolescents.\nBothcompanieshave also initiated studies in the pediatric population.\nNovavax's study enrolled 29,960 participants 18 years of age and older across 119 sites in the U.S. and Mexico. The placebo-controlled portion of PREVENT-19 continues in adolescents from 12 to less than 18 years of age and recently completed enrollment with 2,248 participants.\nVaccine Logistics: Pfizer recently secured FDA authorization for storing undiluted, thawed vaccine vials in the refrigerator at 2°C to 8°C for up to one month.\nPreviously, thawed, undiluted vaccine vials could be stored in the refrigerator for up to five days. Moderna's vaccine can be stored refrigerated between 2° and 8°C for up to 30 days prior to first use.\nNVX-CoV2373 is stored and stable at 2°- 8°C, allowing the use of existing vaccine supply chain channels for its distribution. It is packaged in a ready-to-use liquid formulation in 10-dose vials.\nVaccine Efficacy: Interim data from Pfizer-BioNTech's Phase 3 trials released in December showed the vaccine was well-tolerated and demonstrated 95% efficacy in preventing COVID-19 in those without prior infection seven days or more after the second dose. Updated top-line results released for up to six months after the second dose confirmed efficacy at 91.3%.\nThe vaccine was found 100% effective against severe disease as defined by the U.S. Centers for Disease Control and Prevention, and 95.3% effective against severe COVID-19 as defined by the FDA. It was also proved effective against the U.K. strain in lab studies.\nModerna's vaccine showed efficacy of 94.1% against COVID-19. The company announced in May initial data from its Phase 2 study showing that a single 50 mcg dose of mRNA-1273 or mRNA-1273.351 given as a booster to previously vaccinated individuals increased neutralizing antibody titer responses against SARS-CoV-2 and two variants of concern, B.1.351, first identified in South Africa, and P.1, first identified in Brazil.\nNovavax's investigational vaccine demonstrated 100% protection against moderate and severe disease not involving variants of concern or variants of interest.\nAgainst variants of concern and variants of interest, the efficacy was 93.2% and in high-risk populations, defined as over 65 or under 65 years with certain comorbidities or having circumstances with frequent COVID-19 exposure, the efficacy was 91%.\nOverall efficacy was 90.4%, meeting the primary endpoint.\nCantor Fitzgerald On Novavax's Vaccine:A differentiating factor for NVX-2373 is that it showed vaccine efficacy of 93.2% against VoC/VoI, which demonstrates protection across a broad range of SARS-CoV-2 strains, Cantor Fitzgerald analyst Charles Duncan said in a Monday morning note.\n\"Overall, these results enhance our conviction for a differentiated clinical and logistics profile from the SARS-CoV-2 vaccine candidate ‘2373,\" the analyst said.\nShowing efficacy against new strains in two Phase 3 clinical trials, rather than extrapolating potential efficacy from a neutralizing antibody assay conducted in a petri dish, differentiates NVX-CoV2373 from other vaccines that have emergency use authorization, he said.\nThis profile, according to Cantor reduces regulatory/ commercial risk for the ‘2373 SARS-CoV-2 prophylactic vaccine candidate and, with positive Phase 3 data for NanoFlu reported in March 2020, should raise the profile for Novavax's platform as a whole.\nVaccine Safety Data:Pfizer-BioNTech's vaccine showed a favorable tolerability and safety profile, with the most common adverse events from BNT162b2 being transient, mild to moderate pain at the injection site, fatigue and headache, and these generally resolved within two days.\nFor Moderna, the most common adverse reactions included injection site pain, fatigue, myalgia, arthralgia, headache, and erythema/redness at the injection site. Solicited adverse reactions increased in frequency and severity in the mRNA-1273 group after the second dose.\nPreliminary safety data from Novavax's trial showed the vaccine to be generally well-tolerated. Serious and severe adverse events were low in number and balanced between vaccine and placebo groups.\nIn assessing reactogenicity seven days after dose one and dose two, injection site pain and tenderness, generally mild to moderate in severity, were the most common local symptoms, lasting less than three days. Fatigue, headache and muscle pain were the most common systemic symptoms, lasting less than two days.","news_type":1,"symbols_score_info":{"MRNA":0.9,"PFE":0.9,"NVAX":0.9}},"isVote":1,"tweetType":1,"viewCount":793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187174510,"gmtCreate":1623748132730,"gmtModify":1704210304817,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187174510","repostId":"1177646539","repostType":4,"repost":{"id":"1177646539","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623737223,"share":"https://ttm.financial/m/news/1177646539?lang=en_US&edition=fundamental","pubTime":"2021-06-15 14:07","market":"us","language":"en","title":"3 Commodity Stocks To Consider For Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1177646539","media":"Benzinga","summary":"As inflation heats up, the stocks of some commodity-based companies can move higher. These companies","content":"<p>As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.</p>\n<p>They include&nbsp;<b>Exxon Mobil Corporation</b>(NYSE:XOM),<b>Southern Copper Corporation</b>(NYSE:SCCO), and&nbsp;<b>Newmont Corporation</b>(NYSE:NEM).</p>\n<p>Exxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.</p>\n<p><img src=\"https://static.tigerbbs.com/db45eed41059ff0878aac7b6b4e2fee7\" tg-width=\"1618\" tg-height=\"823\"></p>\n<p>Southern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.</p>\n<p><img src=\"https://static.tigerbbs.com/543514dbd50dbb41ce5748225d9e606d\" tg-width=\"1615\" tg-height=\"814\"></p>\n<p>Newmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.</p>\n<p><img src=\"https://static.tigerbbs.com/f699df6d7097a731136d18e4e57324e2\" tg-width=\"1619\" tg-height=\"817\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Commodity Stocks To Consider For Inflation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Commodity Stocks To Consider For Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-15 14:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.</p>\n<p>They include&nbsp;<b>Exxon Mobil Corporation</b>(NYSE:XOM),<b>Southern Copper Corporation</b>(NYSE:SCCO), and&nbsp;<b>Newmont Corporation</b>(NYSE:NEM).</p>\n<p>Exxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.</p>\n<p><img src=\"https://static.tigerbbs.com/db45eed41059ff0878aac7b6b4e2fee7\" tg-width=\"1618\" tg-height=\"823\"></p>\n<p>Southern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.</p>\n<p><img src=\"https://static.tigerbbs.com/543514dbd50dbb41ce5748225d9e606d\" tg-width=\"1615\" tg-height=\"814\"></p>\n<p>Newmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.</p>\n<p><img src=\"https://static.tigerbbs.com/f699df6d7097a731136d18e4e57324e2\" tg-width=\"1619\" tg-height=\"817\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚","SCCO":"南方铜业","NEM":"纽曼矿业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177646539","content_text":"As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.\nThey include Exxon Mobil Corporation(NYSE:XOM),Southern Copper Corporation(NYSE:SCCO), and Newmont Corporation(NYSE:NEM).\nExxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.\n\nSouthern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.\n\nNewmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.","news_type":1,"symbols_score_info":{"XOM":0.9,"SCCO":0.9,"NEM":0.9}},"isVote":1,"tweetType":1,"viewCount":825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187157194,"gmtCreate":1623747692818,"gmtModify":1704210277835,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550209061154820","authorIdStr":"3550209061154820"},"themes":[],"htmlText":"To the sun ☀️?","listText":"To the sun ☀️?","text":"To the sun ☀️?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187157194","repostId":"114899451","repostType":1,"repost":{"id":114899451,"gmtCreate":1623063308869,"gmtModify":1704195267674,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/44a4f89726b3f6319d06a0075bf9ff76","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"【老虎7週年】集卡瓜分百萬獎金","htmlText":"老虎7週年給大家發福利了，集齊TIGER五個字母即有機會瓜分百萬獎金，你準備好了嗎？ <a href=\"https://www.itiger.com/activity/market/2021/7th-anniversary?lang=zh_CN\" target=\"_blank\">戳我即可參與活動</a> &#x1;如何參與？ 用戶可通過完成活動頁面展示的當日任務列表來獲得字母卡，每完成一個任務即可隨機獲得一個字母，用戶集齊“TIGER”五個字母即可參與瓜分百萬股票代金券，每個用戶單日最多可獲得20張字母卡（不包括好友贈予和魔法卡）。 用戶在活動期間邀請累計7名好友完成註冊並開戶（註冊時間和開戶時間均在活動期間），即可獲得一張魔法卡（每人僅可獲得一張魔法卡）。魔法卡可用於兌換TIGER中的任意一個字母。&#x1;如果用戶的某一字母卡數量爲0，則字母卡爲灰色，用戶可通過點擊灰色的字母卡向好友索要卡片；如果用戶的字母卡數量大於0，則字母卡爲彩色，用戶可通過點擊彩色的字母卡向好友贈送卡片。當用戶集齊TIGER之後將無法再索要卡片或者贈送卡片。 &#x1; &#x1;如何獲得獎勵？ 用戶可在2021年7月1日至2021年7月2日期間進行開獎，所有集齊TIGER的客戶可點擊活動頁面的“開獎”按鈕，即可查看自己瓜分到的股票代金券獎勵。在開獎時間段內未點擊開獎的用戶將無法獲得獎勵。&#x1; 獎勵發放： 股票代金券將在開獎後的1個工作日內發放至用戶的獎勵中心，用戶需要在獎勵發放後的20天內前往【Tiger Trade APP &gt; 我的 &gt; 活動獎勵】領取，過期未領取的獎勵將自動失效。 重要提示： 本次7週年活動涉及不同國家和地區，由於各地區的監管要求不同，不同地區的活動獎勵會有所區別。欲知詳情，請點擊下方活動鏈接，登陸您的賬號，並點擊“活動規則“查看詳情。","listText":"老虎7週年給大家發福利了，集齊TIGER五個字母即有機會瓜分百萬獎金，你準備好了嗎？ <a href=\"https://www.itiger.com/activity/market/2021/7th-anniversary?lang=zh_CN\" target=\"_blank\">戳我即可參與活動</a> &#x1;如何參與？ 用戶可通過完成活動頁面展示的當日任務列表來獲得字母卡，每完成一個任務即可隨機獲得一個字母，用戶集齊“TIGER”五個字母即可參與瓜分百萬股票代金券，每個用戶單日最多可獲得20張字母卡（不包括好友贈予和魔法卡）。 用戶在活動期間邀請累計7名好友完成註冊並開戶（註冊時間和開戶時間均在活動期間），即可獲得一張魔法卡（每人僅可獲得一張魔法卡）。魔法卡可用於兌換TIGER中的任意一個字母。&#x1;如果用戶的某一字母卡數量爲0，則字母卡爲灰色，用戶可通過點擊灰色的字母卡向好友索要卡片；如果用戶的字母卡數量大於0，則字母卡爲彩色，用戶可通過點擊彩色的字母卡向好友贈送卡片。當用戶集齊TIGER之後將無法再索要卡片或者贈送卡片。 &#x1; &#x1;如何獲得獎勵？ 用戶可在2021年7月1日至2021年7月2日期間進行開獎，所有集齊TIGER的客戶可點擊活動頁面的“開獎”按鈕，即可查看自己瓜分到的股票代金券獎勵。在開獎時間段內未點擊開獎的用戶將無法獲得獎勵。&#x1; 獎勵發放： 股票代金券將在開獎後的1個工作日內發放至用戶的獎勵中心，用戶需要在獎勵發放後的20天內前往【Tiger Trade APP &gt; 我的 &gt; 活動獎勵】領取，過期未領取的獎勵將自動失效。 重要提示： 本次7週年活動涉及不同國家和地區，由於各地區的監管要求不同，不同地區的活動獎勵會有所區別。欲知詳情，請點擊下方活動鏈接，登陸您的賬號，並點擊“活動規則“查看詳情。","text":"老虎7週年給大家發福利了，集齊TIGER五個字母即有機會瓜分百萬獎金，你準備好了嗎？ 戳我即可參與活動 \u0001如何參與？ 用戶可通過完成活動頁面展示的當日任務列表來獲得字母卡，每完成一個任務即可隨機獲得一個字母，用戶集齊“TIGER”五個字母即可參與瓜分百萬股票代金券，每個用戶單日最多可獲得20張字母卡（不包括好友贈予和魔法卡）。 用戶在活動期間邀請累計7名好友完成註冊並開戶（註冊時間和開戶時間均在活動期間），即可獲得一張魔法卡（每人僅可獲得一張魔法卡）。魔法卡可用於兌換TIGER中的任意一個字母。\u0001如果用戶的某一字母卡數量爲0，則字母卡爲灰色，用戶可通過點擊灰色的字母卡向好友索要卡片；如果用戶的字母卡數量大於0，則字母卡爲彩色，用戶可通過點擊彩色的字母卡向好友贈送卡片。當用戶集齊TIGER之後將無法再索要卡片或者贈送卡片。 \u0001 \u0001如何獲得獎勵？ 用戶可在2021年7月1日至2021年7月2日期間進行開獎，所有集齊TIGER的客戶可點擊活動頁面的“開獎”按鈕，即可查看自己瓜分到的股票代金券獎勵。在開獎時間段內未點擊開獎的用戶將無法獲得獎勵。\u0001 獎勵發放： 股票代金券將在開獎後的1個工作日內發放至用戶的獎勵中心，用戶需要在獎勵發放後的20天內前往【Tiger Trade APP > 我的 > 活動獎勵】領取，過期未領取的獎勵將自動失效。 重要提示： 本次7週年活動涉及不同國家和地區，由於各地區的監管要求不同，不同地區的活動獎勵會有所區別。欲知詳情，請點擊下方活動鏈接，登陸您的賬號，並點擊“活動規則“查看詳情。","images":[{"img":"https://static.tigerbbs.com/fd956a9c2fc9ee609753ae5f967072a7","width":"415","height":"616"},{"img":"https://static.tigerbbs.com/92e88357b534f504b3088bc22f577a83","width":"415","height":"326"},{"img":"https://static.tigerbbs.com/fe0400cc487fb56f85d401ab03df4d5e","width":"415","height":"356"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114899451","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":8,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":187698467,"gmtCreate":1623751243059,"gmtModify":1704210464184,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550209061154820","idStr":"3550209061154820"},"themes":[],"htmlText":"Comment and like back ?","listText":"Comment and like back ?","text":"Comment and like back ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/187698467","repostId":"1167457915","repostType":4,"repost":{"id":"1167457915","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623750756,"share":"https://ttm.financial/m/news/1167457915?lang=en_US&edition=fundamental","pubTime":"2021-06-15 17:52","market":"us","language":"en","title":"Novavax Vs. Pfizer Vs. Moderna: How COVID-19 Vaccines Stack Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1167457915","media":"Benzinga","summary":"It was \"better late than never\" for Novavax, Inc.NVAX, as the biopharma finally got around to announ","content":"<p>It was \"better late than never\" for&nbsp;<b>Novavax, Inc.</b>NVAX, as the biopharma finally got around to announcing interim results from the U.S. and Mexico leg of the Phase 3 study of NVX-CoV2371, its vaccine candidate against the novel coronavirus.</p>\n<p>Here's a comparative perspective of the vaccine candidates from Novavax, and the frontrunners, namely<b>Pfizer Inc.</b>PFE 0.05%-<b>BioNTech SE</b>BNTXand<b>Moderna, Inc.</b>MRNA, both of which have authorized vaccines in the market.</p>\n<p><b>Vaccine Type:</b>&nbsp;Novavax's NVX-CoV2371 is a recombinant nano-particle protein-based COVID-19 vaccine that is packaged with the company's proprietary Matrix-M adjuvant.</p>\n<p>The Pfizer-BioNTech and Moderna products are mRNA vaccines, or modern&nbsp;vaccines that work by using a genetic code called mRNA that instructs our immune cells to make spike protein, which is found on the surface of the virus that causes COVID-19.</p>\n<p>This spike protein, though harmless, is capable of triggering our immune system to produce antibodies that offer protection against future infection.</p>\n<p>Novavax's vaccine is a protein adjuvant that contains the spike protein of the coronavirus itself, but formulated as a nanoparticle&nbsp;that cannot cause disease. The injected vaccine then stimulates the immune system to produce antibodies and T-cell immune responses.</p>\n<p><b>The Vaccine Doses:</b>&nbsp;The vaccines from each of the three companies require two doses. Each dose consists of 30 mcg for Pfizer and 100 mcg for Moderna, while for Novavax, each vaccine dose consists of 5 mcg of NVX-CoV2371 and 50 mcg of Matrix-M1 adjuvant that are co-formulated.</p>\n<p>The interval between the two doses —&nbsp;the priming and booster dose —&nbsp;is 21 days each for Pfizer and Novavax and 28 days for Moderna.</p>\n<p><b>The Target Population:</b>&nbsp;The original late-stage trial of Pfizer-BioNTech evaluated the vaccine in participants&nbsp;ages 16 years and older. The trial enrolled 43,448 participants.</p>\n<p>Moderna'sPhase 3 COVE study enrolled 30,000 participants&nbsp;ages 18 years and up.</p>\n<p>Since then, these two companies have obtained authorizations for their respective vaccines to be used in adolescents.</p>\n<p>Bothcompanieshave also initiated studies in the pediatric population.</p>\n<p>Novavax's study enrolled 29,960 participants&nbsp;18 years of age and older&nbsp;across 119 sites in the U.S. and Mexico. The placebo-controlled portion of PREVENT-19 continues in adolescents from 12 to less than 18 years of age and recently completed enrollment with 2,248 participants.</p>\n<p><b>Vaccine Logistics:</b>&nbsp;Pfizer recently secured FDA authorization for storing undiluted, thawed vaccine vials in the refrigerator at 2°C to 8°C for up to one month.</p>\n<p>Previously, thawed, undiluted vaccine vials could be stored in the refrigerator for up to five&nbsp;days. Moderna's vaccine can be stored refrigerated between 2° and 8°C for up to 30 days prior to first use.</p>\n<p>NVX-CoV2373 is stored and stable at 2°- 8°C, allowing the use of existing vaccine supply chain channels for its distribution. It is packaged in a ready-to-use liquid formulation in 10-dose vials.</p>\n<p><b>Vaccine Efficacy:</b>&nbsp;Interim data from Pfizer-BioNTech's Phase 3 trials released in December showed the vaccine was well-tolerated and demonstrated 95% efficacy in preventing COVID-19 in those without prior infection seven&nbsp;days or more after the second dose. Updated top-line results released for up to six months after the second dose confirmed efficacy at 91.3%.</p>\n<p>The vaccine was found 100% effective against severe disease as defined by the U.S. Centers for Disease Control and Prevention, and 95.3% effective against severe COVID-19 as defined by the FDA. It was also proved effective against the U.K. strain in lab studies.</p>\n<p>Moderna's vaccine showed efficacy of 94.1% against COVID-19. The company announced in May initial data from its Phase 2 study showing that a single 50 mcg dose of mRNA-1273 or mRNA-1273.351 given as a booster to previously vaccinated individuals increased neutralizing antibody titer responses against SARS-CoV-2 and two variants of concern, B.1.351, first identified in South Africa, and P.1, first identified in Brazil.</p>\n<p>Novavax's investigational vaccine demonstrated 100% protection against moderate and severe disease not involving variants of concern or variants of interest.</p>\n<p>Against variants of concern and variants of interest, the efficacy was 93.2% and in high-risk populations, defined as over 65 or under 65 years with certain comorbidities or having circumstances with frequent COVID-19 exposure, the efficacy was 91%.</p>\n<p>Overall efficacy was 90.4%, meeting the primary endpoint.</p>\n<p><b>Cantor Fitzgerald On Novavax's Vaccine:</b>A differentiating factor for NVX-2373&nbsp;is that it showed vaccine efficacy of 93.2% against VoC/VoI, which demonstrates protection across a broad range of SARS-CoV-2 strains, Cantor Fitzgerald analyst Charles Duncan said in a Monday morning note.</p>\n<p>\"Overall, these results enhance our conviction for a differentiated clinical and logistics profile from the SARS-CoV-2 vaccine candidate ‘2373,\" the analyst said.</p>\n<p>Showing efficacy against new strains in two Phase 3 clinical trials, rather than extrapolating potential efficacy from a neutralizing antibody assay conducted in a petri dish, differentiates NVX-CoV2373 from other vaccines that have emergency use authorization, he said.</p>\n<p>This profile, according to Cantor reduces regulatory/ commercial risk for the ‘2373 SARS-CoV-2 prophylactic vaccine candidate and, with positive Phase 3 data for NanoFlu reported in March 2020, should raise the profile for Novavax's platform as a whole.</p>\n<p><b>Vaccine Safety Data:</b>Pfizer-BioNTech's vaccine showed a favorable tolerability and safety profile, with the most common adverse events from&nbsp;BNT162b2 being transient, mild to moderate pain at the injection site, fatigue and headache, and these generally resolved within two days.</p>\n<p>For Moderna, the most common adverse reactions included injection site pain, fatigue, myalgia, arthralgia, headache, and erythema/redness at the injection site. Solicited adverse reactions increased in frequency and severity in the mRNA-1273 group after the second dose.</p>\n<p>Preliminary safety data from Novavax's trial showed the vaccine to be generally well-tolerated. Serious and severe adverse events were low in number and balanced between vaccine and placebo groups.</p>\n<p>In assessing reactogenicity seven&nbsp;days after dose one&nbsp;and dose two, injection site pain and tenderness, generally mild to moderate in severity, were the most common local symptoms, lasting less than three days. Fatigue, headache and muscle pain were the most common systemic symptoms, lasting less than two days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novavax Vs. Pfizer Vs. Moderna: How COVID-19 Vaccines Stack Up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovavax Vs. Pfizer Vs. Moderna: How COVID-19 Vaccines Stack Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-15 17:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>It was \"better late than never\" for&nbsp;<b>Novavax, Inc.</b>NVAX, as the biopharma finally got around to announcing interim results from the U.S. and Mexico leg of the Phase 3 study of NVX-CoV2371, its vaccine candidate against the novel coronavirus.</p>\n<p>Here's a comparative perspective of the vaccine candidates from Novavax, and the frontrunners, namely<b>Pfizer Inc.</b>PFE 0.05%-<b>BioNTech SE</b>BNTXand<b>Moderna, Inc.</b>MRNA, both of which have authorized vaccines in the market.</p>\n<p><b>Vaccine Type:</b>&nbsp;Novavax's NVX-CoV2371 is a recombinant nano-particle protein-based COVID-19 vaccine that is packaged with the company's proprietary Matrix-M adjuvant.</p>\n<p>The Pfizer-BioNTech and Moderna products are mRNA vaccines, or modern&nbsp;vaccines that work by using a genetic code called mRNA that instructs our immune cells to make spike protein, which is found on the surface of the virus that causes COVID-19.</p>\n<p>This spike protein, though harmless, is capable of triggering our immune system to produce antibodies that offer protection against future infection.</p>\n<p>Novavax's vaccine is a protein adjuvant that contains the spike protein of the coronavirus itself, but formulated as a nanoparticle&nbsp;that cannot cause disease. The injected vaccine then stimulates the immune system to produce antibodies and T-cell immune responses.</p>\n<p><b>The Vaccine Doses:</b>&nbsp;The vaccines from each of the three companies require two doses. Each dose consists of 30 mcg for Pfizer and 100 mcg for Moderna, while for Novavax, each vaccine dose consists of 5 mcg of NVX-CoV2371 and 50 mcg of Matrix-M1 adjuvant that are co-formulated.</p>\n<p>The interval between the two doses —&nbsp;the priming and booster dose —&nbsp;is 21 days each for Pfizer and Novavax and 28 days for Moderna.</p>\n<p><b>The Target Population:</b>&nbsp;The original late-stage trial of Pfizer-BioNTech evaluated the vaccine in participants&nbsp;ages 16 years and older. The trial enrolled 43,448 participants.</p>\n<p>Moderna'sPhase 3 COVE study enrolled 30,000 participants&nbsp;ages 18 years and up.</p>\n<p>Since then, these two companies have obtained authorizations for their respective vaccines to be used in adolescents.</p>\n<p>Bothcompanieshave also initiated studies in the pediatric population.</p>\n<p>Novavax's study enrolled 29,960 participants&nbsp;18 years of age and older&nbsp;across 119 sites in the U.S. and Mexico. The placebo-controlled portion of PREVENT-19 continues in adolescents from 12 to less than 18 years of age and recently completed enrollment with 2,248 participants.</p>\n<p><b>Vaccine Logistics:</b>&nbsp;Pfizer recently secured FDA authorization for storing undiluted, thawed vaccine vials in the refrigerator at 2°C to 8°C for up to one month.</p>\n<p>Previously, thawed, undiluted vaccine vials could be stored in the refrigerator for up to five&nbsp;days. Moderna's vaccine can be stored refrigerated between 2° and 8°C for up to 30 days prior to first use.</p>\n<p>NVX-CoV2373 is stored and stable at 2°- 8°C, allowing the use of existing vaccine supply chain channels for its distribution. It is packaged in a ready-to-use liquid formulation in 10-dose vials.</p>\n<p><b>Vaccine Efficacy:</b>&nbsp;Interim data from Pfizer-BioNTech's Phase 3 trials released in December showed the vaccine was well-tolerated and demonstrated 95% efficacy in preventing COVID-19 in those without prior infection seven&nbsp;days or more after the second dose. Updated top-line results released for up to six months after the second dose confirmed efficacy at 91.3%.</p>\n<p>The vaccine was found 100% effective against severe disease as defined by the U.S. Centers for Disease Control and Prevention, and 95.3% effective against severe COVID-19 as defined by the FDA. It was also proved effective against the U.K. strain in lab studies.</p>\n<p>Moderna's vaccine showed efficacy of 94.1% against COVID-19. The company announced in May initial data from its Phase 2 study showing that a single 50 mcg dose of mRNA-1273 or mRNA-1273.351 given as a booster to previously vaccinated individuals increased neutralizing antibody titer responses against SARS-CoV-2 and two variants of concern, B.1.351, first identified in South Africa, and P.1, first identified in Brazil.</p>\n<p>Novavax's investigational vaccine demonstrated 100% protection against moderate and severe disease not involving variants of concern or variants of interest.</p>\n<p>Against variants of concern and variants of interest, the efficacy was 93.2% and in high-risk populations, defined as over 65 or under 65 years with certain comorbidities or having circumstances with frequent COVID-19 exposure, the efficacy was 91%.</p>\n<p>Overall efficacy was 90.4%, meeting the primary endpoint.</p>\n<p><b>Cantor Fitzgerald On Novavax's Vaccine:</b>A differentiating factor for NVX-2373&nbsp;is that it showed vaccine efficacy of 93.2% against VoC/VoI, which demonstrates protection across a broad range of SARS-CoV-2 strains, Cantor Fitzgerald analyst Charles Duncan said in a Monday morning note.</p>\n<p>\"Overall, these results enhance our conviction for a differentiated clinical and logistics profile from the SARS-CoV-2 vaccine candidate ‘2373,\" the analyst said.</p>\n<p>Showing efficacy against new strains in two Phase 3 clinical trials, rather than extrapolating potential efficacy from a neutralizing antibody assay conducted in a petri dish, differentiates NVX-CoV2373 from other vaccines that have emergency use authorization, he said.</p>\n<p>This profile, according to Cantor reduces regulatory/ commercial risk for the ‘2373 SARS-CoV-2 prophylactic vaccine candidate and, with positive Phase 3 data for NanoFlu reported in March 2020, should raise the profile for Novavax's platform as a whole.</p>\n<p><b>Vaccine Safety Data:</b>Pfizer-BioNTech's vaccine showed a favorable tolerability and safety profile, with the most common adverse events from&nbsp;BNT162b2 being transient, mild to moderate pain at the injection site, fatigue and headache, and these generally resolved within two days.</p>\n<p>For Moderna, the most common adverse reactions included injection site pain, fatigue, myalgia, arthralgia, headache, and erythema/redness at the injection site. Solicited adverse reactions increased in frequency and severity in the mRNA-1273 group after the second dose.</p>\n<p>Preliminary safety data from Novavax's trial showed the vaccine to be generally well-tolerated. Serious and severe adverse events were low in number and balanced between vaccine and placebo groups.</p>\n<p>In assessing reactogenicity seven&nbsp;days after dose one&nbsp;and dose two, injection site pain and tenderness, generally mild to moderate in severity, were the most common local symptoms, lasting less than three days. Fatigue, headache and muscle pain were the most common systemic symptoms, lasting less than two days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","NVAX":"诺瓦瓦克斯医药","PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167457915","content_text":"It was \"better late than never\" for Novavax, Inc.NVAX, as the biopharma finally got around to announcing interim results from the U.S. and Mexico leg of the Phase 3 study of NVX-CoV2371, its vaccine candidate against the novel coronavirus.\nHere's a comparative perspective of the vaccine candidates from Novavax, and the frontrunners, namelyPfizer Inc.PFE 0.05%-BioNTech SEBNTXandModerna, Inc.MRNA, both of which have authorized vaccines in the market.\nVaccine Type: Novavax's NVX-CoV2371 is a recombinant nano-particle protein-based COVID-19 vaccine that is packaged with the company's proprietary Matrix-M adjuvant.\nThe Pfizer-BioNTech and Moderna products are mRNA vaccines, or modern vaccines that work by using a genetic code called mRNA that instructs our immune cells to make spike protein, which is found on the surface of the virus that causes COVID-19.\nThis spike protein, though harmless, is capable of triggering our immune system to produce antibodies that offer protection against future infection.\nNovavax's vaccine is a protein adjuvant that contains the spike protein of the coronavirus itself, but formulated as a nanoparticle that cannot cause disease. The injected vaccine then stimulates the immune system to produce antibodies and T-cell immune responses.\nThe Vaccine Doses: The vaccines from each of the three companies require two doses. Each dose consists of 30 mcg for Pfizer and 100 mcg for Moderna, while for Novavax, each vaccine dose consists of 5 mcg of NVX-CoV2371 and 50 mcg of Matrix-M1 adjuvant that are co-formulated.\nThe interval between the two doses — the priming and booster dose — is 21 days each for Pfizer and Novavax and 28 days for Moderna.\nThe Target Population: The original late-stage trial of Pfizer-BioNTech evaluated the vaccine in participants ages 16 years and older. The trial enrolled 43,448 participants.\nModerna'sPhase 3 COVE study enrolled 30,000 participants ages 18 years and up.\nSince then, these two companies have obtained authorizations for their respective vaccines to be used in adolescents.\nBothcompanieshave also initiated studies in the pediatric population.\nNovavax's study enrolled 29,960 participants 18 years of age and older across 119 sites in the U.S. and Mexico. The placebo-controlled portion of PREVENT-19 continues in adolescents from 12 to less than 18 years of age and recently completed enrollment with 2,248 participants.\nVaccine Logistics: Pfizer recently secured FDA authorization for storing undiluted, thawed vaccine vials in the refrigerator at 2°C to 8°C for up to one month.\nPreviously, thawed, undiluted vaccine vials could be stored in the refrigerator for up to five days. Moderna's vaccine can be stored refrigerated between 2° and 8°C for up to 30 days prior to first use.\nNVX-CoV2373 is stored and stable at 2°- 8°C, allowing the use of existing vaccine supply chain channels for its distribution. It is packaged in a ready-to-use liquid formulation in 10-dose vials.\nVaccine Efficacy: Interim data from Pfizer-BioNTech's Phase 3 trials released in December showed the vaccine was well-tolerated and demonstrated 95% efficacy in preventing COVID-19 in those without prior infection seven days or more after the second dose. Updated top-line results released for up to six months after the second dose confirmed efficacy at 91.3%.\nThe vaccine was found 100% effective against severe disease as defined by the U.S. Centers for Disease Control and Prevention, and 95.3% effective against severe COVID-19 as defined by the FDA. It was also proved effective against the U.K. strain in lab studies.\nModerna's vaccine showed efficacy of 94.1% against COVID-19. The company announced in May initial data from its Phase 2 study showing that a single 50 mcg dose of mRNA-1273 or mRNA-1273.351 given as a booster to previously vaccinated individuals increased neutralizing antibody titer responses against SARS-CoV-2 and two variants of concern, B.1.351, first identified in South Africa, and P.1, first identified in Brazil.\nNovavax's investigational vaccine demonstrated 100% protection against moderate and severe disease not involving variants of concern or variants of interest.\nAgainst variants of concern and variants of interest, the efficacy was 93.2% and in high-risk populations, defined as over 65 or under 65 years with certain comorbidities or having circumstances with frequent COVID-19 exposure, the efficacy was 91%.\nOverall efficacy was 90.4%, meeting the primary endpoint.\nCantor Fitzgerald On Novavax's Vaccine:A differentiating factor for NVX-2373 is that it showed vaccine efficacy of 93.2% against VoC/VoI, which demonstrates protection across a broad range of SARS-CoV-2 strains, Cantor Fitzgerald analyst Charles Duncan said in a Monday morning note.\n\"Overall, these results enhance our conviction for a differentiated clinical and logistics profile from the SARS-CoV-2 vaccine candidate ‘2373,\" the analyst said.\nShowing efficacy against new strains in two Phase 3 clinical trials, rather than extrapolating potential efficacy from a neutralizing antibody assay conducted in a petri dish, differentiates NVX-CoV2373 from other vaccines that have emergency use authorization, he said.\nThis profile, according to Cantor reduces regulatory/ commercial risk for the ‘2373 SARS-CoV-2 prophylactic vaccine candidate and, with positive Phase 3 data for NanoFlu reported in March 2020, should raise the profile for Novavax's platform as a whole.\nVaccine Safety Data:Pfizer-BioNTech's vaccine showed a favorable tolerability and safety profile, with the most common adverse events from BNT162b2 being transient, mild to moderate pain at the injection site, fatigue and headache, and these generally resolved within two days.\nFor Moderna, the most common adverse reactions included injection site pain, fatigue, myalgia, arthralgia, headache, and erythema/redness at the injection site. Solicited adverse reactions increased in frequency and severity in the mRNA-1273 group after the second dose.\nPreliminary safety data from Novavax's trial showed the vaccine to be generally well-tolerated. Serious and severe adverse events were low in number and balanced between vaccine and placebo groups.\nIn assessing reactogenicity seven days after dose one and dose two, injection site pain and tenderness, generally mild to moderate in severity, were the most common local symptoms, lasting less than three days. Fatigue, headache and muscle pain were the most common systemic symptoms, lasting less than two days.","news_type":1,"symbols_score_info":{"MRNA":0.9,"PFE":0.9,"NVAX":0.9}},"isVote":1,"tweetType":1,"viewCount":793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995544729,"gmtCreate":1661487682864,"gmtModify":1676536529346,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550209061154820","idStr":"3550209061154820"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995544729","repostId":"2262812935","repostType":2,"repost":{"id":"2262812935","kind":"highlight","pubTimestamp":1661486342,"share":"https://ttm.financial/m/news/2262812935?lang=en_US&edition=fundamental","pubTime":"2022-08-26 11:59","market":"us","language":"en","title":"Want $1,000 in Passive Income? Invest $4,626 in These 3 Stocks and Wait 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2262812935","media":"Motley Fool","summary":"These three companies are conservative and have a history of dividend increases.","content":"<div>\n<p>Building an income portfolio is a function of a couple of things. First, look at your financial goal and then work backward. In this case, let's say an investor wants to generate $1,000 in passive ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Want $1,000 in Passive Income? Invest $4,626 in These 3 Stocks and Wait 5 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWant $1,000 in Passive Income? Invest $4,626 in These 3 Stocks and Wait 5 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-26 11:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Building an income portfolio is a function of a couple of things. First, look at your financial goal and then work backward. In this case, let's say an investor wants to generate $1,000 in passive ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DUK":"杜克能源","O":"Realty Income Corp"},"source_url":"https://www.fool.com/investing/2022/08/25/want-1000-in-passive-income-invest-21700-in-these/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262812935","content_text":"Building an income portfolio is a function of a couple of things. First, look at your financial goal and then work backward. In this case, let's say an investor wants to generate $1,000 in passive income from three stocks in five years. The next step is to find three good stocks and then calculate how many shares to buy to generate that income. Theoretically it would take a smaller investment if we used a dividend reinvestment plan, but that complicates the math.The three stocks are Realty Income, STORE Capital and Duke Energy. I'll work through the math when discussing each one. Note that I am also choosing conservative names, which would be appropriate for an income investor.Triple-net lease REITs are highly stable income-generating businessesRealty Income is a real estate investment trust (REIT) that focuses on single-tenant real estate properties. It is a Dividend Aristocrat, and has been a stalwart performer through thick and thin. It leases properties to tenants under long-term triple-net lease contracts. These contracts generally last a long time and push most of the operational costs on to the tenant. The stock is currently trading at about $70.60 and pays an annual dividend of $2.97. Over five years, the stock should pay a total of $14.85 in dividends, assuming no cuts or increases. To generate $333 in income you would need 22.5 shares, which would cost $1,589.As a Dividend Aristocrat, the company has a long history of dividend increases, so chances are that the stock will generate more than $14.85 in dividends over the next five years.   During the COVID-19 pandemic, most REITs cut their dividends. Realty Income hiked its dividend three times in 2020. It should be a core holding in an income investor's portfolio.STORE Capital has a similar business model to Realty Income. It is a major holding of Warren Buffett's Berkshire Hathaway. Like Realty Income, it largely focuses on tenants that are somewhat more insulated from the business cycle than most. STORE's typical tenants include fast-food and casual dining restaurants, child education centers, supermarkets, retail, and some manufacturing. Like Realty Income, the company was able to raise its dividend during the COVID-19 pandemic. Its business model is highly conservative, and it does a deep dive into the financials of its tenants. The stock is trading at about $27.50 and pays $1.54 in annual dividends. Assuming no cuts or increases, that should build to $7.70 in dividends over the next five years. To get $333 in income you would need 43.3 shares at a cost of $1,195.Regulated utilities are protected by the governmentDuke Energy is a regulated utility, which is another favorite for income investors. Duke provides electricity and natural gas service to the Southeast and parts of the Midwest. Regulated utilities are often granted monopoly rights for a territory in exchange for letting the regulators determine what they are permitted to charge. This prevents the utility from price gouging, and it also ensures that it can earn a return without getting into financial distress. Utilities have historically been considered some of the safest stocks given that demand is pretty constant and they face little competition. Duke is currently trading at about $110.50 per share. Duke pays an annual dividend of $4.02, which would amount to $20.10 over five years. To generate $333 in income you would need 16.6 shares which would cost about $1,843So, overall if you bought these three stocks, it would cost $4,626 to buy enough shares to generate $1,000 in income over the next five years. Given that these stocks have a history of dividend increases even during tough times, chances are the income would be more than $1,000.","news_type":1,"symbols_score_info":{"O":0.9,"DUK":0.9,"STOR":0.9}},"isVote":1,"tweetType":1,"viewCount":1370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":523674880083496,"gmtCreate":1768877035141,"gmtModify":1768877038559,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550209061154820","idStr":"3550209061154820"},"themes":[],"title":"","htmlText":"Banking the way","listText":"Banking the way","text":"Banking the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/523674880083496","repostId":"1136412159","repostType":2,"repost":{"id":"1136412159","kind":"news","weMediaInfo":{"introduction":"Go Trading Go","home_visible":1,"media_name":"Trading Random","id":"1081967000","head_image":"https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544"},"pubTimestamp":1768875242,"share":"https://ttm.financial/m/news/1136412159?lang=en_US&edition=fundamental","pubTime":"2026-01-20 10:14","market":"sg","language":"en","title":"With SG's Banking Stocks Scaling Unprecedented Peaks, Do These Equities Still Present A Compelling Buying Opportunity?","url":"https://stock-news.laohu8.com/highlight/detail?id=1136412159","media":"Trading Random","summary":"Singapore's three largest banks are hovering near unprecedented price levels, presenting dividend-focused investors with a recurring quandary: purchase shares immediately or hold out for a potential...","content":"<html><head></head><body><p>Singapore&#39;s three largest banks are hovering near unprecedented price levels, presenting dividend-focused investors with a recurring quandary: purchase shares immediately or hold out for a potential price dip?</p><p>As of the previous Friday, the share prices of DBS Group (SGX: D05) and Oversea-Chinese Banking Corporation (SGX: O39) were tantalizingly close to their historical peaks.</p><p>United Overseas Bank (SGX: U11) lags a bit further behind but still remains within a 6.2% margin of its highest-ever valuation.</p><p>When evaluated by the price-to-book (P/B) ratio, all three financial institutions are trading significantly above their long-term historical averages.</p><p>DBS currently sports a P/B ratio of approximately 2.4, starkly contrasting its long-term average of 1.45. OCBC is trading at around 1.6 compared to an average of 1.1, while UOB commands a ratio of about 1.3, which is also above its historical norm of 1.1.</p><p>Given these elevated valuations, a critical question emerges: can Singaporean banks still generate satisfactory returns for investors primarily seeking income?</p><h2 id=\"id_3562264948\">The Earnings Picture is Shifting</h2><p>Bank revenues are fundamentally derived from two primary streams: net interest income (NII) originating from lending activities, and non-interest income generated by services such as wealth management, card fees, and transaction processing.</p><p>The forecast for NII is growing increasingly complex and challenging.</p><p>Net interest margins are under pressure and compressing as global interest rates soften, directly resulting in lower earnings for banks on each loan they issue.</p><p>Although reduced borrowing costs are expected to eventually stimulate demand for loans, this compensatory effect is not instantaneous and materializes over time.</p><p>OCBC has provided guidance anticipating a mid-to-high single-digit percentage decline in its NII for 2025—a projection that will be confirmed upon the release of the bank&#39;s official earnings report.</p><p>Similarly, DBS anticipates a slight decrease in its NII for the year 2026.</p><p>A positive counterbalance is that non-interest income is actively helping to soften the overall impact of this decline.</p><p>Wealth management and other fee-based business segments are gaining momentum, offering crucial revenue diversification that is particularly valuable during this period of transition.</p><h2 id=\"id_2656143869\">Dividends Remain Attractive</h2><p>Notwithstanding concerns over high valuations, the trailing dividend yields presented by these banks are notably compelling.</p><p>Both DBS and OCBC currently offer yields hovering around 4.9%, while UOB leads the trio with a more attractive yield of 5.6%.</p><p>Investors should be aware, however, that these yield figures incorporate special dividends and capital return initiatives, which are funded from excess profits accumulated over the preceding two to three years.</p><p>As the banks navigate the ongoing shift in NII, the long-term sustainability of their dividends will critically depend on how successfully their non-interest businesses can counterbalance the headwinds facing their lending operations.</p><p>We have already witnessed UOB and OCBC slightly reducing their interim dividend payments.</p><p>DBS, in contrast, has demonstrated greater resilience to the decline in interest rates and may potentially even increase its shareholder payout.</p><p>That being said, DBS also trades at a significantly higher valuation multiple compared to its two peers.</p><h2 id=\"id_1036263649\">The Waiting Game has Costs Too</h2><p>For investors deliberating between an immediate purchase and a patient wait, it is essential to weigh the associated trade-offs.</p><p>Buying shares today allows you to start collecting dividends immediately, but you must accept the inherent risk of a subsequent decline in share price.</p><p>If you choose to wait, you might secure a more favorable entry point, yet the timing of such an opportunity is entirely unpredictable.</p><p>Meanwhile, by remaining on the sidelines, you forgo potential dividend income entirely.</p><p>Here is a pragmatic perspective: the decision does not have to be a binary one.</p><p>You can initiate a modest position today and subsequently add to it if and when prices experience a decline.</p><p>There is no urgent pressure to commit fully; long-term investment success is rarely determined by a single decision made on any given day.</p><p>Some investors may nostalgically look back at 2020, when DBS traded between S$18 and S$19, and label it a golden buying opportunity.</p><p>However, it is crucial to remember the profound uncertainty that characterized that period: the Monetary Authority of Singapore (MAS) had instructed banks to cut dividends by 60%, and effective vaccines were merely a distant hope.</p><p>As bestselling author Morgan Housel aptly observes: &#34;Every past market decline looks like an opportunity. Every future decline looks like a risk.&#34;</p><h2 id=\"id_690318077\">Get Smart: Have the Right Expectations</h2><p>If you are holding out for Singapore bank stocks to trade at their book value before buying, it is important to fully understand what that scenario would imply.</p><p>DBS&#39;s current net book value per share stands at S$24.28.</p><p>The last three instances when DBS traded at or near its book value occurred during severe crises: the 2008 Global Financial Crisis, the 2014 oil price collapse, and the 2020 COVID-19 pandemic.</p><p>If the current price levels instill a sense of fear, it is unlikely that you would possess the courage to invest during a genuine market crash when prices are plummeting.</p><p>The fundamental key is to enter the market with realistic and appropriate expectations.</p><p>Focus your energy on factors within your control: your investment allocation strategy, your personal investment time horizon, and your commitment to holding high-quality businesses for the long term.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>With SG's Banking Stocks Scaling Unprecedented Peaks, Do These Equities Still Present A Compelling Buying Opportunity?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWith SG's Banking Stocks Scaling Unprecedented Peaks, Do These Equities Still Present A Compelling Buying Opportunity?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Trading Random </p>\n<p class=\"h-time\">2026-01-20 10:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore&#39;s three largest banks are hovering near unprecedented price levels, presenting dividend-focused investors with a recurring quandary: purchase shares immediately or hold out for a potential price dip?</p><p>As of the previous Friday, the share prices of DBS Group (SGX: D05) and Oversea-Chinese Banking Corporation (SGX: O39) were tantalizingly close to their historical peaks.</p><p>United Overseas Bank (SGX: U11) lags a bit further behind but still remains within a 6.2% margin of its highest-ever valuation.</p><p>When evaluated by the price-to-book (P/B) ratio, all three financial institutions are trading significantly above their long-term historical averages.</p><p>DBS currently sports a P/B ratio of approximately 2.4, starkly contrasting its long-term average of 1.45. OCBC is trading at around 1.6 compared to an average of 1.1, while UOB commands a ratio of about 1.3, which is also above its historical norm of 1.1.</p><p>Given these elevated valuations, a critical question emerges: can Singaporean banks still generate satisfactory returns for investors primarily seeking income?</p><h2 id=\"id_3562264948\">The Earnings Picture is Shifting</h2><p>Bank revenues are fundamentally derived from two primary streams: net interest income (NII) originating from lending activities, and non-interest income generated by services such as wealth management, card fees, and transaction processing.</p><p>The forecast for NII is growing increasingly complex and challenging.</p><p>Net interest margins are under pressure and compressing as global interest rates soften, directly resulting in lower earnings for banks on each loan they issue.</p><p>Although reduced borrowing costs are expected to eventually stimulate demand for loans, this compensatory effect is not instantaneous and materializes over time.</p><p>OCBC has provided guidance anticipating a mid-to-high single-digit percentage decline in its NII for 2025—a projection that will be confirmed upon the release of the bank&#39;s official earnings report.</p><p>Similarly, DBS anticipates a slight decrease in its NII for the year 2026.</p><p>A positive counterbalance is that non-interest income is actively helping to soften the overall impact of this decline.</p><p>Wealth management and other fee-based business segments are gaining momentum, offering crucial revenue diversification that is particularly valuable during this period of transition.</p><h2 id=\"id_2656143869\">Dividends Remain Attractive</h2><p>Notwithstanding concerns over high valuations, the trailing dividend yields presented by these banks are notably compelling.</p><p>Both DBS and OCBC currently offer yields hovering around 4.9%, while UOB leads the trio with a more attractive yield of 5.6%.</p><p>Investors should be aware, however, that these yield figures incorporate special dividends and capital return initiatives, which are funded from excess profits accumulated over the preceding two to three years.</p><p>As the banks navigate the ongoing shift in NII, the long-term sustainability of their dividends will critically depend on how successfully their non-interest businesses can counterbalance the headwinds facing their lending operations.</p><p>We have already witnessed UOB and OCBC slightly reducing their interim dividend payments.</p><p>DBS, in contrast, has demonstrated greater resilience to the decline in interest rates and may potentially even increase its shareholder payout.</p><p>That being said, DBS also trades at a significantly higher valuation multiple compared to its two peers.</p><h2 id=\"id_1036263649\">The Waiting Game has Costs Too</h2><p>For investors deliberating between an immediate purchase and a patient wait, it is essential to weigh the associated trade-offs.</p><p>Buying shares today allows you to start collecting dividends immediately, but you must accept the inherent risk of a subsequent decline in share price.</p><p>If you choose to wait, you might secure a more favorable entry point, yet the timing of such an opportunity is entirely unpredictable.</p><p>Meanwhile, by remaining on the sidelines, you forgo potential dividend income entirely.</p><p>Here is a pragmatic perspective: the decision does not have to be a binary one.</p><p>You can initiate a modest position today and subsequently add to it if and when prices experience a decline.</p><p>There is no urgent pressure to commit fully; long-term investment success is rarely determined by a single decision made on any given day.</p><p>Some investors may nostalgically look back at 2020, when DBS traded between S$18 and S$19, and label it a golden buying opportunity.</p><p>However, it is crucial to remember the profound uncertainty that characterized that period: the Monetary Authority of Singapore (MAS) had instructed banks to cut dividends by 60%, and effective vaccines were merely a distant hope.</p><p>As bestselling author Morgan Housel aptly observes: &#34;Every past market decline looks like an opportunity. Every future decline looks like a risk.&#34;</p><h2 id=\"id_690318077\">Get Smart: Have the Right Expectations</h2><p>If you are holding out for Singapore bank stocks to trade at their book value before buying, it is important to fully understand what that scenario would imply.</p><p>DBS&#39;s current net book value per share stands at S$24.28.</p><p>The last three instances when DBS traded at or near its book value occurred during severe crises: the 2008 Global Financial Crisis, the 2014 oil price collapse, and the 2020 COVID-19 pandemic.</p><p>If the current price levels instill a sense of fear, it is unlikely that you would possess the courage to invest during a genuine market crash when prices are plummeting.</p><p>The fundamental key is to enter the market with realistic and appropriate expectations.</p><p>Focus your energy on factors within your control: your investment allocation strategy, your personal investment time horizon, and your commitment to holding high-quality businesses for the long term.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","U11.SI":"大华银行","O39.SI":"华侨银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136412159","content_text":"Singapore's three largest banks are hovering near unprecedented price levels, presenting dividend-focused investors with a recurring quandary: purchase shares immediately or hold out for a potential price dip?As of the previous Friday, the share prices of DBS Group (SGX: D05) and Oversea-Chinese Banking Corporation (SGX: O39) were tantalizingly close to their historical peaks.United Overseas Bank (SGX: U11) lags a bit further behind but still remains within a 6.2% margin of its highest-ever valuation.When evaluated by the price-to-book (P/B) ratio, all three financial institutions are trading significantly above their long-term historical averages.DBS currently sports a P/B ratio of approximately 2.4, starkly contrasting its long-term average of 1.45. OCBC is trading at around 1.6 compared to an average of 1.1, while UOB commands a ratio of about 1.3, which is also above its historical norm of 1.1.Given these elevated valuations, a critical question emerges: can Singaporean banks still generate satisfactory returns for investors primarily seeking income?The Earnings Picture is ShiftingBank revenues are fundamentally derived from two primary streams: net interest income (NII) originating from lending activities, and non-interest income generated by services such as wealth management, card fees, and transaction processing.The forecast for NII is growing increasingly complex and challenging.Net interest margins are under pressure and compressing as global interest rates soften, directly resulting in lower earnings for banks on each loan they issue.Although reduced borrowing costs are expected to eventually stimulate demand for loans, this compensatory effect is not instantaneous and materializes over time.OCBC has provided guidance anticipating a mid-to-high single-digit percentage decline in its NII for 2025—a projection that will be confirmed upon the release of the bank's official earnings report.Similarly, DBS anticipates a slight decrease in its NII for the year 2026.A positive counterbalance is that non-interest income is actively helping to soften the overall impact of this decline.Wealth management and other fee-based business segments are gaining momentum, offering crucial revenue diversification that is particularly valuable during this period of transition.Dividends Remain AttractiveNotwithstanding concerns over high valuations, the trailing dividend yields presented by these banks are notably compelling.Both DBS and OCBC currently offer yields hovering around 4.9%, while UOB leads the trio with a more attractive yield of 5.6%.Investors should be aware, however, that these yield figures incorporate special dividends and capital return initiatives, which are funded from excess profits accumulated over the preceding two to three years.As the banks navigate the ongoing shift in NII, the long-term sustainability of their dividends will critically depend on how successfully their non-interest businesses can counterbalance the headwinds facing their lending operations.We have already witnessed UOB and OCBC slightly reducing their interim dividend payments.DBS, in contrast, has demonstrated greater resilience to the decline in interest rates and may potentially even increase its shareholder payout.That being said, DBS also trades at a significantly higher valuation multiple compared to its two peers.The Waiting Game has Costs TooFor investors deliberating between an immediate purchase and a patient wait, it is essential to weigh the associated trade-offs.Buying shares today allows you to start collecting dividends immediately, but you must accept the inherent risk of a subsequent decline in share price.If you choose to wait, you might secure a more favorable entry point, yet the timing of such an opportunity is entirely unpredictable.Meanwhile, by remaining on the sidelines, you forgo potential dividend income entirely.Here is a pragmatic perspective: the decision does not have to be a binary one.You can initiate a modest position today and subsequently add to it if and when prices experience a decline.There is no urgent pressure to commit fully; long-term investment success is rarely determined by a single decision made on any given day.Some investors may nostalgically look back at 2020, when DBS traded between S$18 and S$19, and label it a golden buying opportunity.However, it is crucial to remember the profound uncertainty that characterized that period: the Monetary Authority of Singapore (MAS) had instructed banks to cut dividends by 60%, and effective vaccines were merely a distant hope.As bestselling author Morgan Housel aptly observes: \"Every past market decline looks like an opportunity. Every future decline looks like a risk.\"Get Smart: Have the Right ExpectationsIf you are holding out for Singapore bank stocks to trade at their book value before buying, it is important to fully understand what that scenario would imply.DBS's current net book value per share stands at S$24.28.The last three instances when DBS traded at or near its book value occurred during severe crises: the 2008 Global Financial Crisis, the 2014 oil price collapse, and the 2020 COVID-19 pandemic.If the current price levels instill a sense of fear, it is unlikely that you would possess the courage to invest during a genuine market crash when prices are plummeting.The fundamental key is to enter the market with realistic and appropriate expectations.Focus your energy on factors within your control: your investment allocation strategy, your personal investment time horizon, and your commitment to holding high-quality businesses for the long term.","news_type":1,"symbols_score_info":{"D05.SI":2,"O39.SI":2,"U11.SI":2}},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":438223437140032,"gmtCreate":1748024245844,"gmtModify":1748024247425,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550209061154820","idStr":"3550209061154820"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/438223437140032","repostId":"2516554706","repostType":2,"isVote":1,"tweetType":1,"viewCount":969,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187174510,"gmtCreate":1623748132730,"gmtModify":1704210304817,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550209061154820","idStr":"3550209061154820"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187174510","repostId":"1177646539","repostType":4,"repost":{"id":"1177646539","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623737223,"share":"https://ttm.financial/m/news/1177646539?lang=en_US&edition=fundamental","pubTime":"2021-06-15 14:07","market":"us","language":"en","title":"3 Commodity Stocks To Consider For Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1177646539","media":"Benzinga","summary":"As inflation heats up, the stocks of some commodity-based companies can move higher. These companies","content":"<p>As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.</p>\n<p>They include&nbsp;<b>Exxon Mobil Corporation</b>(NYSE:XOM),<b>Southern Copper Corporation</b>(NYSE:SCCO), and&nbsp;<b>Newmont Corporation</b>(NYSE:NEM).</p>\n<p>Exxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.</p>\n<p><img src=\"https://static.tigerbbs.com/db45eed41059ff0878aac7b6b4e2fee7\" tg-width=\"1618\" tg-height=\"823\"></p>\n<p>Southern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.</p>\n<p><img src=\"https://static.tigerbbs.com/543514dbd50dbb41ce5748225d9e606d\" tg-width=\"1615\" tg-height=\"814\"></p>\n<p>Newmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.</p>\n<p><img src=\"https://static.tigerbbs.com/f699df6d7097a731136d18e4e57324e2\" tg-width=\"1619\" tg-height=\"817\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Commodity Stocks To Consider For Inflation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Commodity Stocks To Consider For Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-15 14:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.</p>\n<p>They include&nbsp;<b>Exxon Mobil Corporation</b>(NYSE:XOM),<b>Southern Copper Corporation</b>(NYSE:SCCO), and&nbsp;<b>Newmont Corporation</b>(NYSE:NEM).</p>\n<p>Exxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.</p>\n<p><img src=\"https://static.tigerbbs.com/db45eed41059ff0878aac7b6b4e2fee7\" tg-width=\"1618\" tg-height=\"823\"></p>\n<p>Southern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.</p>\n<p><img src=\"https://static.tigerbbs.com/543514dbd50dbb41ce5748225d9e606d\" tg-width=\"1615\" tg-height=\"814\"></p>\n<p>Newmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.</p>\n<p><img src=\"https://static.tigerbbs.com/f699df6d7097a731136d18e4e57324e2\" tg-width=\"1619\" tg-height=\"817\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚","SCCO":"南方铜业","NEM":"纽曼矿业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177646539","content_text":"As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.\nThey include Exxon Mobil Corporation(NYSE:XOM),Southern Copper Corporation(NYSE:SCCO), and Newmont Corporation(NYSE:NEM).\nExxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.\n\nSouthern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.\n\nNewmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.","news_type":1,"symbols_score_info":{"XOM":0.9,"SCCO":0.9,"NEM":0.9}},"isVote":1,"tweetType":1,"viewCount":825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":288152974479456,"gmtCreate":1711372538707,"gmtModify":1711372540842,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550209061154820","idStr":"3550209061154820"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/288152974479456","repostId":"2421048826","repostType":2,"repost":{"id":"2421048826","kind":"highlight","pubTimestamp":1711371600,"share":"https://ttm.financial/m/news/2421048826?lang=en_US&edition=fundamental","pubTime":"2024-03-25 21:00","market":"us","language":"en","title":"Tesla Stock Plunge: Is TSLA Heading for a Complete Reversal of Its 2023 Gains?","url":"https://stock-news.laohu8.com/highlight/detail?id=2421048826","media":"InvestorPlace","summary":"TSLA stock is down Friday after Tesla cut back on production in China. This is only one of many problems facing the EV maker.","content":"<div>\n<p>Tesla faces key problems with its valuation, competition, and strategic plansSource: Arina P Habich / Shutterstock.comI always get nervous when Tesla (NASDAQ:TSLA) stock falls because it’s such a big ...</p>\n\n<a href=\"https://investorplace.com/2024/03/tesla-stock-plunge-is-tsla-heading-for-a-complete-reversal-of-its-2023-gains/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Plunge: Is TSLA Heading for a Complete Reversal of Its 2023 Gains?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Plunge: Is TSLA Heading for a Complete Reversal of Its 2023 Gains?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-25 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/03/tesla-stock-plunge-is-tsla-heading-for-a-complete-reversal-of-its-2023-gains/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla faces key problems with its valuation, competition, and strategic plansSource: Arina P Habich / Shutterstock.comI always get nervous when Tesla (NASDAQ:TSLA) stock falls because it’s such a big ...</p>\n\n<a href=\"https://investorplace.com/2024/03/tesla-stock-plunge-is-tsla-heading-for-a-complete-reversal-of-its-2023-gains/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4504":"桥水持仓","BK4592":"伊斯兰概念","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4579":"人工智能","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0109392836.USD":"富兰克林科技股A","BK4507":"流媒体概念","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4574":"无人驾驶","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4509":"腾讯概念","BK4573":"虚拟现实","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","TSLA":"特斯拉","BK4581":"高盛持仓","LU0444971666.USD":"天利全球科技基金","BK4501":"段永平概念","BK4571":"数字音乐概念","BK4503":"景林资产持仓","BK4576":"AR","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4575":"芯片概念","BK4505":"高瓴资本持仓"},"source_url":"https://investorplace.com/2024/03/tesla-stock-plunge-is-tsla-heading-for-a-complete-reversal-of-its-2023-gains/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2421048826","content_text":"Tesla faces key problems with its valuation, competition, and strategic plansSource: Arina P Habich / Shutterstock.comI always get nervous when Tesla (NASDAQ:TSLA) stock falls because it’s such a big component of Elon Musk’s wealth. And given I have such a large following on X, I certainly don’t want to see risks to the platform I have the most reach on. Objectively though, it seems possible that Tesla could roundtrip all the gains it’s made since the 2023 low.What will it take to turn the price around?Hopes are pinned on ventures like self-driving technology, robotics, and artificial intelligence. But the lingering question remains: Can innovations and advancements in the electric vehicle sector power through the storm, or is Wall Street’s romance with Tesla’s stock over, just as it seems to be for other prior darlings like Apple (NASDAQ:AAPL)?The Problem With TSLA Stock Right NowThe fundamental problem is fundamentals. Demand for electric vehicles is slowing markedly. China was a big driver of demand for Tesla vehicles, but now the country is ramping up its own competitors. As a result, Tesla is pulling back on production there. Given that China is such a large market, and that Tesla faces problems at home in the U.S. to, weakness in demand from China can have a disproportionate impact on earnings.Big sell-side analysts are making note of this as well. For example, Morgan Stanley revised its 2024 earnings projection for Tesla, suggesting the company could “potentially” face losses, with an EPS projection dropping from $2.04 to $1.51. Gross profit margins look to be declining to 11.4% from 17.6%. And Q1 2024 delivery estimates continue to fall.The absence of clear sales guidance for 2024, coupled with a projected slowdown in vehicle shipment growth to about 20%, isn’t helping. Despite delivering 1.8 million cars in 2023 and starting Cybertruck production, Tesla’s aggressive price strategy and its impact on value and profitability remain key concerns.One can argue that none of this is unexpected. There are tons more players now in the EV space than ever before. A slew of competitors, including established automakers like Toyota (NYSE:TM) and rising stars such as BYD (OTCMKTS:BYDDY), Xpeng (NYSE:XPEV), Nio (NYSE:NIO), Polestar (NASDAQ:PSNY), and Li Auto (NASDAQ:LI), are aggressively expanding their market presence.These competitors are not only increasing their global footprint but are also planning to introduce highly competitive models priced around $25,000 in 2024. This strategy could significantly erode Tesla’s market share and pressurize its pricing and profitability margins.The Bottom LineTesla could end up being a value trap here. While the stock’s recent decline could be an attractive entry point for long-term investors, I’m not so sure. The juxtaposition of Tesla’s valuation against its growth prospects and competitive challenges is hard to think through, particularly when it comes to China as the wildcard.The implications of Tesla’s recent stock performance extend beyond its immediate financial metrics, touching upon broader themes of market competition, investor expectations, and the evolving landscape of the electric vehicle industry. It’s a tough spot here. So, could Tesla ultimately unravel all its gains in 2023? Maybe not. But the fundamentals are starting to be more and more concerning.","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":1804,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":246726257627248,"gmtCreate":1701257207192,"gmtModify":1701257211407,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550209061154820","idStr":"3550209061154820"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246726257627248","repostId":"1139614756","repostType":2,"repost":{"id":"1139614756","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1701255545,"share":"https://ttm.financial/m/news/1139614756?lang=en_US&edition=fundamental","pubTime":"2023-11-29 18:59","market":"us","language":"en","title":"Berkshire Hathaway's Charles Munger Passes Away: a Look Back at His Life","url":"https://stock-news.laohu8.com/highlight/detail?id=1139614756","media":"Tiger Newspress","summary":"Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99.He d","content":"<html><head></head><body><p>Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99.</p><p style=\"text-align: start;\">He died on Tuesday at a California hospital, the company said in a statement. He was a longtime resident of Los Angeles. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said in the statement.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e28561eee93a34a6bbe0f6902c6352c4\" tg-width=\"750\" tg-height=\"7019\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e9b2b17d384ca31804cd6a434c7935c\" tg-width=\"750\" tg-height=\"2579\"/></p><p>A lawyer by training, Munger (rhymes with “hunger”) helped Buffett, who was seven years his junior, craft a philosophy of investing in companies for the long term. Under their management, Berkshire averaged an annual gain of 20% from 1965 through 2022 — roughly twice the pace of the S&amp;P 500 Index. Decades of compounded returns made the pair billionaires and folk heroes to adoring investors.</p><p>Munger was vice chairman of Berkshire and one of its biggest shareholders, with stock valued at about $2.2 billion. His overall net worth was about $2.6 billion, according to Forbes.</p><p style=\"text-align: start;\">At the company’s annual meetings in Omaha, Nebraska, where he and Buffett had both grown up, Munger was known for his roles as straight man and scold of corporate excesses. As Buffett’s fame and wealth grew — depending on Berkshire’s share price, he was on occasion the world’s richest man — Munger’s value as a reality check increased as well.</p><p style=\"text-align: start;\">“It’s terrific to have a partner who will say, ‘You’re not thinking straight,’” Buffett said of Munger, seated next to him, at Berkshire’s 2002 meeting. (“It doesn’t happen very often,” Munger interjected.) Too many CEOs surround themselves with “a bunch of sycophants” disinclined to challenge their conclusions and biases, Buffett added.</p><p style=\"text-align: start;\">For his part, Munger said Buffett benefited from having “a talking foil who knew something. And I think I’ve been very useful in that regard.”</p><h3 id=\"id_276028324\" style=\"text-align: start;\">Beyond Value</h3><p style=\"text-align: start;\">Buffett credited Munger with broadening his approach to investing beyond mentor Benjamin Graham’s insistence on buying stocks at a fraction of the value of their underlying assets. With Munger’s help, he began assembling the insurance, railroad, manufacturing and consumer goods conglomerate that posted nearly $29 billion of operating profit in the first nine months of this year.</p><p>“Charlie has always emphasized, ‘Let’s buy truly wonderful businesses,’” Buffett told the Omaha World-Herald in 1999.</p><p style=\"text-align: start;\">That meant businesses with strong brands and pricing power. Munger nudged Buffett into acquiring California confectioner See’s Candies Inc. in 1972. The success of that deal — Buffett came to view See’s as “the prototype of a dream business” — inspired Berkshire’s $1 billion investment in Coca-Cola Co. stock 15 years later.</p><p>The acerbic Munger so often curbed Buffett’s enthusiasm that Buffett jokingly referred to him as “the abominable no-man.”</p><p style=\"text-align: start;\">At Berkshire’s 2002 meeting, Buffett offered a three-minute answer to the question of whether the company might buy a cable company. Munger said he doubted one would be available for an acceptable price.</p><p style=\"text-align: start;\">“At what price would you be comfortable?” Buffett asked.</p><p style=\"text-align: start;\">“Probably at a lower price than you,” Munger parried.</p><h3 id=\"id_1055707859\" style=\"text-align: start;\">Cardboard Cutout</h3><p style=\"text-align: start;\">From Los Angeles, Munger spoke frequently by phone with Buffett in Omaha. Even when they couldn’t connect, Buffett claimed he knew what Munger would think. When Munger missed a special meeting of Berkshire shareholders in 2010, Buffett brought a cardboard cutout of his partner on stage and mimicked Munger saying, “I couldn’t agree more.”</p><p>Munger was an outspoken critic of corporate misbehavior, faulting as “demented” and “immoral” the compensation packages given to some chief executives. He called Bitcoin “noxious poison,” defined cryptocurrency generally as “partly fraud and partly delusion” and warned that much of banking had become “gambling in drag.”</p><p>“I love his ability to just cut to the heart of things and not care how he says it,” said Cole Smead, CEO of Smead Capital Management, a longtime Berkshire investor. “In today’s society, that’s a really unique thing.”</p><p style=\"text-align: start;\">Though Munger aligned with the US Republican Party, and Buffett sided with Democrats, the two often found common ground on issues like the desirability of universal health care and the need for government oversight of the financial system.</p><p style=\"text-align: start;\">But while Buffett would tour the world urging billionaires to embrace charity, Munger said a private company like Costco Wholesale Corp. — he served on its board for more than two decades — did more good for society than big-name philanthropic foundations.</p><p style=\"text-align: start;\">With his own donations, Munger promoted abortion rights and education. He served as chairman of Good Samaritan Hospital in Los Angeles. Multimillion-dollar bequests to the University of Michigan and the University of California at Santa Barbara for new housing facilities gave him an opportunity to indulge a passion for architecture — though his vision for a 4,500-person dormitory on the Santa Barbara campus drew howls of protest in 2021 because the vast majority of bedrooms were to have no windows.</p><h3 id=\"id_1545626341\" style=\"text-align: start;\">Wesco ‘Groupies’</h3><p style=\"text-align: start;\">Though he never rivaled Buffett in terms of worldwide celebrity, Munger’s blunt manner of speaking earned him a following in his own right.</p><p>He used the term “groupies” to refer to his fans, often numbering in the hundreds, who gathered to see him without Buffett. Hosting the annual meetings of Wesco Financial Corp., a Berkshire unit, in Pasadena, California, Munger expounded on his philosophy of life and investing.</p><p style=\"text-align: start;\">At the 2011 meeting, the last before Berkshire took complete control of Wesco, Munger told his audience, “You all need a new cult hero.”</p><p style=\"text-align: start;\">Charles Thomas Munger was born on Jan. 1, 1924, in Omaha, the first of three children of Alfred Munger and the former Florence Russell, who was known as Toody. His father, the son of a federal judge, had earned a law degree at Harvard University before returning to Omaha, where his clients included the Omaha World-Herald newspaper.</p><p>Munger’s initial brush with the Buffett family came through his work on Saturdays at Buffett &amp; Son, the Omaha grocery store run by Ernest Buffett, Warren’s grandfather. But the two future partners wouldn’t meet until years later.</p><p style=\"text-align: start;\">Munger entered the University of Michigan at age 17 with plans to study math, mostly because it came so easily. “When I was young I could get an A in any mathematics course without doing any work at all,” he said in a 2017 conversation at Michigan’s Ross Business School.</p><h3 id=\"id_2417683429\" style=\"text-align: start;\">Nome to Harvard</h3><p style=\"text-align: start;\">In 1942, during his sophomore year, he enlisted in the Army Air Corps, soon to become the Air Force. He was sent to the California Institute of Technology to learn meteorology before being posted to Nome, Alaska. It was during this period, in 1945, that he married his first wife, Nancy Huggins.</p><p>Lacking an undergraduate degree, Munger applied to Harvard Law School before his Army discharge in 1946. He was admitted only after a family friend and former dean of the school intervened, according to Janet Lowe’s 2000 book, <em>Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger</em>. Munger worked on the Harvard Law Review and in 1948 was one of 12 in the class of 335 to graduate magna cum laude.</p><p>With his wife and their son, Teddy, Munger moved to California to join a Los Angeles law firm. They added two daughters to their family before divorcing in 1953. In 1956, Munger married Nancy Barry Borthwick, a mother of two, and over time they expanded their blended family by having four more children. (Teddy, Munger’s first-born, had died of leukemia in 1955.)</p><p style=\"text-align: start;\">Not satisfied with the income potential of his legal career, Munger began working on construction projects and real estate deals. He founded a new law office, Munger, Tolles &amp; Hills, and, in 1962, started an investment partnership, Wheeler, Munger &amp; Co., modeled on the ones Buffett had set up with his earliest investors in Omaha.</p><p style=\"text-align: start;\">“Like Warren, I had a considerable passion to get rich,” Munger told Roger Lowenstein for <em>Buffett: The Making of an American Capitalist,</em> published in 1995. “Not because I wanted Ferraris — I wanted independence. I desperately wanted it. I thought it was undignified to have to send invoices to other people.”</p><h3 id=\"id_3804965469\" style=\"text-align: start;\">1959 Introduction</h3><p style=\"text-align: start;\">His fateful introduction to Buffett had come during a 1959 visit home to Omaha. Though the precise venue of their first meeting was the subject of lore, it was clear they hit it off right away. In short order they were talking on the telephone almost daily and investing in the same companies and securities.</p><p>Their investments in Berkshire Hathaway began in 1962, when the company made men’s suit linings at textile mills in Massachusetts. Buffett took a controlling stake in 1965. Though the mills closed, Berkshire stuck around as the corporate vehicle for Buffett’s growing conglomerate of companies.</p><p style=\"text-align: start;\">A crucial joint discovery was a company called Blue Chip Stamps, which ran popular redemption games offered by grocers and other retailers. Because stores paid for the stamps up front, and prizes were redeemed much later, Blue Chip at any given time was sitting on a stack of money, much like a bank does.</p><p style=\"text-align: start;\">Using that pool of capital, Buffett and Munger bought controlling shares in See’s Candies, the Buffalo Evening News and Wesco Financial, the company Munger would lead.</p><p style=\"text-align: start;\">In 1975, the US Securities and Exchange Commission alleged that Blue Chip Stamps had manipulated the price of Wesco because Buffett and Munger had persuaded its management to drop a merger plan. Blue Chip resolved the dispute by agreeing to pay former investors in Wesco a total of about $115,000, with no admission of guilt.</p><p>The ordeal underscored the risks in Buffett and Munger having such complicated and overlapping financial interests. A years-long effort to simplify matters culminated in 1983 with Blue Chip Stamps merging into Berkshire. Munger, whose Berkshire stake rose to 2%, became Buffett’s vice chairman.</p><h3 id=\"id_1080936549\" style=\"text-align: start;\">China Bull</h3><p style=\"text-align: start;\">In recent years, Munger’s fans continued to travel to Los Angeles to ask him questions at annual meetings of Daily Journal Corp., a publishing company he led as chairman. He displayed his knack for investing by plowing the company’s money into temporarily beaten-down stocks like Wells Fargo &amp; Co. during the depths of the 2008-2009 financial crisis.</p><p>Munger was for many years more bullish than Buffett when it came to investing in China. Berkshire became the biggest shareholder of Chinese automaker BYD Co., for instance, years after Munger began buying its stock, though Berkshire began trimming that stake in 2022.</p><p style=\"text-align: start;\">Munger started sharing his vice chairman title at Berkshire in 2018 with two next-generation senior executives, Greg Abel and Ajit Jain, who were named to the board in a long-awaited sign of Buffett’s succession plans. Buffett subsequently identified Abel as his likely successor.</p><p style=\"text-align: start;\">It was Munger who, three years earlier, had signaled the likely promotion of Abel and Jain with praise delivered in his signature fashion: with a backhanded swipe at the boss.</p><p style=\"text-align: start;\">“In some important ways,” he wrote of the pair in 2015, “each is a better business executive than Buffett.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway's Charles Munger Passes Away: a Look Back at His Life</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway's Charles Munger Passes Away: a Look Back at His Life\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-11-29 18:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99.</p><p style=\"text-align: start;\">He died on Tuesday at a California hospital, the company said in a statement. He was a longtime resident of Los Angeles. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said in the statement.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e28561eee93a34a6bbe0f6902c6352c4\" tg-width=\"750\" tg-height=\"7019\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e9b2b17d384ca31804cd6a434c7935c\" tg-width=\"750\" tg-height=\"2579\"/></p><p>A lawyer by training, Munger (rhymes with “hunger”) helped Buffett, who was seven years his junior, craft a philosophy of investing in companies for the long term. Under their management, Berkshire averaged an annual gain of 20% from 1965 through 2022 — roughly twice the pace of the S&amp;P 500 Index. Decades of compounded returns made the pair billionaires and folk heroes to adoring investors.</p><p>Munger was vice chairman of Berkshire and one of its biggest shareholders, with stock valued at about $2.2 billion. His overall net worth was about $2.6 billion, according to Forbes.</p><p style=\"text-align: start;\">At the company’s annual meetings in Omaha, Nebraska, where he and Buffett had both grown up, Munger was known for his roles as straight man and scold of corporate excesses. As Buffett’s fame and wealth grew — depending on Berkshire’s share price, he was on occasion the world’s richest man — Munger’s value as a reality check increased as well.</p><p style=\"text-align: start;\">“It’s terrific to have a partner who will say, ‘You’re not thinking straight,’” Buffett said of Munger, seated next to him, at Berkshire’s 2002 meeting. (“It doesn’t happen very often,” Munger interjected.) Too many CEOs surround themselves with “a bunch of sycophants” disinclined to challenge their conclusions and biases, Buffett added.</p><p style=\"text-align: start;\">For his part, Munger said Buffett benefited from having “a talking foil who knew something. And I think I’ve been very useful in that regard.”</p><h3 id=\"id_276028324\" style=\"text-align: start;\">Beyond Value</h3><p style=\"text-align: start;\">Buffett credited Munger with broadening his approach to investing beyond mentor Benjamin Graham’s insistence on buying stocks at a fraction of the value of their underlying assets. With Munger’s help, he began assembling the insurance, railroad, manufacturing and consumer goods conglomerate that posted nearly $29 billion of operating profit in the first nine months of this year.</p><p>“Charlie has always emphasized, ‘Let’s buy truly wonderful businesses,’” Buffett told the Omaha World-Herald in 1999.</p><p style=\"text-align: start;\">That meant businesses with strong brands and pricing power. Munger nudged Buffett into acquiring California confectioner See’s Candies Inc. in 1972. The success of that deal — Buffett came to view See’s as “the prototype of a dream business” — inspired Berkshire’s $1 billion investment in Coca-Cola Co. stock 15 years later.</p><p>The acerbic Munger so often curbed Buffett’s enthusiasm that Buffett jokingly referred to him as “the abominable no-man.”</p><p style=\"text-align: start;\">At Berkshire’s 2002 meeting, Buffett offered a three-minute answer to the question of whether the company might buy a cable company. Munger said he doubted one would be available for an acceptable price.</p><p style=\"text-align: start;\">“At what price would you be comfortable?” Buffett asked.</p><p style=\"text-align: start;\">“Probably at a lower price than you,” Munger parried.</p><h3 id=\"id_1055707859\" style=\"text-align: start;\">Cardboard Cutout</h3><p style=\"text-align: start;\">From Los Angeles, Munger spoke frequently by phone with Buffett in Omaha. Even when they couldn’t connect, Buffett claimed he knew what Munger would think. When Munger missed a special meeting of Berkshire shareholders in 2010, Buffett brought a cardboard cutout of his partner on stage and mimicked Munger saying, “I couldn’t agree more.”</p><p>Munger was an outspoken critic of corporate misbehavior, faulting as “demented” and “immoral” the compensation packages given to some chief executives. He called Bitcoin “noxious poison,” defined cryptocurrency generally as “partly fraud and partly delusion” and warned that much of banking had become “gambling in drag.”</p><p>“I love his ability to just cut to the heart of things and not care how he says it,” said Cole Smead, CEO of Smead Capital Management, a longtime Berkshire investor. “In today’s society, that’s a really unique thing.”</p><p style=\"text-align: start;\">Though Munger aligned with the US Republican Party, and Buffett sided with Democrats, the two often found common ground on issues like the desirability of universal health care and the need for government oversight of the financial system.</p><p style=\"text-align: start;\">But while Buffett would tour the world urging billionaires to embrace charity, Munger said a private company like Costco Wholesale Corp. — he served on its board for more than two decades — did more good for society than big-name philanthropic foundations.</p><p style=\"text-align: start;\">With his own donations, Munger promoted abortion rights and education. He served as chairman of Good Samaritan Hospital in Los Angeles. Multimillion-dollar bequests to the University of Michigan and the University of California at Santa Barbara for new housing facilities gave him an opportunity to indulge a passion for architecture — though his vision for a 4,500-person dormitory on the Santa Barbara campus drew howls of protest in 2021 because the vast majority of bedrooms were to have no windows.</p><h3 id=\"id_1545626341\" style=\"text-align: start;\">Wesco ‘Groupies’</h3><p style=\"text-align: start;\">Though he never rivaled Buffett in terms of worldwide celebrity, Munger’s blunt manner of speaking earned him a following in his own right.</p><p>He used the term “groupies” to refer to his fans, often numbering in the hundreds, who gathered to see him without Buffett. Hosting the annual meetings of Wesco Financial Corp., a Berkshire unit, in Pasadena, California, Munger expounded on his philosophy of life and investing.</p><p style=\"text-align: start;\">At the 2011 meeting, the last before Berkshire took complete control of Wesco, Munger told his audience, “You all need a new cult hero.”</p><p style=\"text-align: start;\">Charles Thomas Munger was born on Jan. 1, 1924, in Omaha, the first of three children of Alfred Munger and the former Florence Russell, who was known as Toody. His father, the son of a federal judge, had earned a law degree at Harvard University before returning to Omaha, where his clients included the Omaha World-Herald newspaper.</p><p>Munger’s initial brush with the Buffett family came through his work on Saturdays at Buffett &amp; Son, the Omaha grocery store run by Ernest Buffett, Warren’s grandfather. But the two future partners wouldn’t meet until years later.</p><p style=\"text-align: start;\">Munger entered the University of Michigan at age 17 with plans to study math, mostly because it came so easily. “When I was young I could get an A in any mathematics course without doing any work at all,” he said in a 2017 conversation at Michigan’s Ross Business School.</p><h3 id=\"id_2417683429\" style=\"text-align: start;\">Nome to Harvard</h3><p style=\"text-align: start;\">In 1942, during his sophomore year, he enlisted in the Army Air Corps, soon to become the Air Force. He was sent to the California Institute of Technology to learn meteorology before being posted to Nome, Alaska. It was during this period, in 1945, that he married his first wife, Nancy Huggins.</p><p>Lacking an undergraduate degree, Munger applied to Harvard Law School before his Army discharge in 1946. He was admitted only after a family friend and former dean of the school intervened, according to Janet Lowe’s 2000 book, <em>Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger</em>. Munger worked on the Harvard Law Review and in 1948 was one of 12 in the class of 335 to graduate magna cum laude.</p><p>With his wife and their son, Teddy, Munger moved to California to join a Los Angeles law firm. They added two daughters to their family before divorcing in 1953. In 1956, Munger married Nancy Barry Borthwick, a mother of two, and over time they expanded their blended family by having four more children. (Teddy, Munger’s first-born, had died of leukemia in 1955.)</p><p style=\"text-align: start;\">Not satisfied with the income potential of his legal career, Munger began working on construction projects and real estate deals. He founded a new law office, Munger, Tolles &amp; Hills, and, in 1962, started an investment partnership, Wheeler, Munger &amp; Co., modeled on the ones Buffett had set up with his earliest investors in Omaha.</p><p style=\"text-align: start;\">“Like Warren, I had a considerable passion to get rich,” Munger told Roger Lowenstein for <em>Buffett: The Making of an American Capitalist,</em> published in 1995. “Not because I wanted Ferraris — I wanted independence. I desperately wanted it. I thought it was undignified to have to send invoices to other people.”</p><h3 id=\"id_3804965469\" style=\"text-align: start;\">1959 Introduction</h3><p style=\"text-align: start;\">His fateful introduction to Buffett had come during a 1959 visit home to Omaha. Though the precise venue of their first meeting was the subject of lore, it was clear they hit it off right away. In short order they were talking on the telephone almost daily and investing in the same companies and securities.</p><p>Their investments in Berkshire Hathaway began in 1962, when the company made men’s suit linings at textile mills in Massachusetts. Buffett took a controlling stake in 1965. Though the mills closed, Berkshire stuck around as the corporate vehicle for Buffett’s growing conglomerate of companies.</p><p style=\"text-align: start;\">A crucial joint discovery was a company called Blue Chip Stamps, which ran popular redemption games offered by grocers and other retailers. Because stores paid for the stamps up front, and prizes were redeemed much later, Blue Chip at any given time was sitting on a stack of money, much like a bank does.</p><p style=\"text-align: start;\">Using that pool of capital, Buffett and Munger bought controlling shares in See’s Candies, the Buffalo Evening News and Wesco Financial, the company Munger would lead.</p><p style=\"text-align: start;\">In 1975, the US Securities and Exchange Commission alleged that Blue Chip Stamps had manipulated the price of Wesco because Buffett and Munger had persuaded its management to drop a merger plan. Blue Chip resolved the dispute by agreeing to pay former investors in Wesco a total of about $115,000, with no admission of guilt.</p><p>The ordeal underscored the risks in Buffett and Munger having such complicated and overlapping financial interests. A years-long effort to simplify matters culminated in 1983 with Blue Chip Stamps merging into Berkshire. Munger, whose Berkshire stake rose to 2%, became Buffett’s vice chairman.</p><h3 id=\"id_1080936549\" style=\"text-align: start;\">China Bull</h3><p style=\"text-align: start;\">In recent years, Munger’s fans continued to travel to Los Angeles to ask him questions at annual meetings of Daily Journal Corp., a publishing company he led as chairman. He displayed his knack for investing by plowing the company’s money into temporarily beaten-down stocks like Wells Fargo &amp; Co. during the depths of the 2008-2009 financial crisis.</p><p>Munger was for many years more bullish than Buffett when it came to investing in China. Berkshire became the biggest shareholder of Chinese automaker BYD Co., for instance, years after Munger began buying its stock, though Berkshire began trimming that stake in 2022.</p><p style=\"text-align: start;\">Munger started sharing his vice chairman title at Berkshire in 2018 with two next-generation senior executives, Greg Abel and Ajit Jain, who were named to the board in a long-awaited sign of Buffett’s succession plans. Buffett subsequently identified Abel as his likely successor.</p><p style=\"text-align: start;\">It was Munger who, three years earlier, had signaled the likely promotion of Abel and Jain with praise delivered in his signature fashion: with a backhanded swipe at the boss.</p><p style=\"text-align: start;\">“In some important ways,” he wrote of the pair in 2015, “each is a better business executive than Buffett.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139614756","content_text":"Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99.He died on Tuesday at a California hospital, the company said in a statement. He was a longtime resident of Los Angeles. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said in the statement.A lawyer by training, Munger (rhymes with “hunger”) helped Buffett, who was seven years his junior, craft a philosophy of investing in companies for the long term. Under their management, Berkshire averaged an annual gain of 20% from 1965 through 2022 — roughly twice the pace of the S&P 500 Index. Decades of compounded returns made the pair billionaires and folk heroes to adoring investors.Munger was vice chairman of Berkshire and one of its biggest shareholders, with stock valued at about $2.2 billion. His overall net worth was about $2.6 billion, according to Forbes.At the company’s annual meetings in Omaha, Nebraska, where he and Buffett had both grown up, Munger was known for his roles as straight man and scold of corporate excesses. As Buffett’s fame and wealth grew — depending on Berkshire’s share price, he was on occasion the world’s richest man — Munger’s value as a reality check increased as well.“It’s terrific to have a partner who will say, ‘You’re not thinking straight,’” Buffett said of Munger, seated next to him, at Berkshire’s 2002 meeting. (“It doesn’t happen very often,” Munger interjected.) Too many CEOs surround themselves with “a bunch of sycophants” disinclined to challenge their conclusions and biases, Buffett added.For his part, Munger said Buffett benefited from having “a talking foil who knew something. And I think I’ve been very useful in that regard.”Beyond ValueBuffett credited Munger with broadening his approach to investing beyond mentor Benjamin Graham’s insistence on buying stocks at a fraction of the value of their underlying assets. With Munger’s help, he began assembling the insurance, railroad, manufacturing and consumer goods conglomerate that posted nearly $29 billion of operating profit in the first nine months of this year.“Charlie has always emphasized, ‘Let’s buy truly wonderful businesses,’” Buffett told the Omaha World-Herald in 1999.That meant businesses with strong brands and pricing power. Munger nudged Buffett into acquiring California confectioner See’s Candies Inc. in 1972. The success of that deal — Buffett came to view See’s as “the prototype of a dream business” — inspired Berkshire’s $1 billion investment in Coca-Cola Co. stock 15 years later.The acerbic Munger so often curbed Buffett’s enthusiasm that Buffett jokingly referred to him as “the abominable no-man.”At Berkshire’s 2002 meeting, Buffett offered a three-minute answer to the question of whether the company might buy a cable company. Munger said he doubted one would be available for an acceptable price.“At what price would you be comfortable?” Buffett asked.“Probably at a lower price than you,” Munger parried.Cardboard CutoutFrom Los Angeles, Munger spoke frequently by phone with Buffett in Omaha. Even when they couldn’t connect, Buffett claimed he knew what Munger would think. When Munger missed a special meeting of Berkshire shareholders in 2010, Buffett brought a cardboard cutout of his partner on stage and mimicked Munger saying, “I couldn’t agree more.”Munger was an outspoken critic of corporate misbehavior, faulting as “demented” and “immoral” the compensation packages given to some chief executives. He called Bitcoin “noxious poison,” defined cryptocurrency generally as “partly fraud and partly delusion” and warned that much of banking had become “gambling in drag.”“I love his ability to just cut to the heart of things and not care how he says it,” said Cole Smead, CEO of Smead Capital Management, a longtime Berkshire investor. “In today’s society, that’s a really unique thing.”Though Munger aligned with the US Republican Party, and Buffett sided with Democrats, the two often found common ground on issues like the desirability of universal health care and the need for government oversight of the financial system.But while Buffett would tour the world urging billionaires to embrace charity, Munger said a private company like Costco Wholesale Corp. — he served on its board for more than two decades — did more good for society than big-name philanthropic foundations.With his own donations, Munger promoted abortion rights and education. He served as chairman of Good Samaritan Hospital in Los Angeles. Multimillion-dollar bequests to the University of Michigan and the University of California at Santa Barbara for new housing facilities gave him an opportunity to indulge a passion for architecture — though his vision for a 4,500-person dormitory on the Santa Barbara campus drew howls of protest in 2021 because the vast majority of bedrooms were to have no windows.Wesco ‘Groupies’Though he never rivaled Buffett in terms of worldwide celebrity, Munger’s blunt manner of speaking earned him a following in his own right.He used the term “groupies” to refer to his fans, often numbering in the hundreds, who gathered to see him without Buffett. Hosting the annual meetings of Wesco Financial Corp., a Berkshire unit, in Pasadena, California, Munger expounded on his philosophy of life and investing.At the 2011 meeting, the last before Berkshire took complete control of Wesco, Munger told his audience, “You all need a new cult hero.”Charles Thomas Munger was born on Jan. 1, 1924, in Omaha, the first of three children of Alfred Munger and the former Florence Russell, who was known as Toody. His father, the son of a federal judge, had earned a law degree at Harvard University before returning to Omaha, where his clients included the Omaha World-Herald newspaper.Munger’s initial brush with the Buffett family came through his work on Saturdays at Buffett & Son, the Omaha grocery store run by Ernest Buffett, Warren’s grandfather. But the two future partners wouldn’t meet until years later.Munger entered the University of Michigan at age 17 with plans to study math, mostly because it came so easily. “When I was young I could get an A in any mathematics course without doing any work at all,” he said in a 2017 conversation at Michigan’s Ross Business School.Nome to HarvardIn 1942, during his sophomore year, he enlisted in the Army Air Corps, soon to become the Air Force. He was sent to the California Institute of Technology to learn meteorology before being posted to Nome, Alaska. It was during this period, in 1945, that he married his first wife, Nancy Huggins.Lacking an undergraduate degree, Munger applied to Harvard Law School before his Army discharge in 1946. He was admitted only after a family friend and former dean of the school intervened, according to Janet Lowe’s 2000 book, Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger. Munger worked on the Harvard Law Review and in 1948 was one of 12 in the class of 335 to graduate magna cum laude.With his wife and their son, Teddy, Munger moved to California to join a Los Angeles law firm. They added two daughters to their family before divorcing in 1953. In 1956, Munger married Nancy Barry Borthwick, a mother of two, and over time they expanded their blended family by having four more children. (Teddy, Munger’s first-born, had died of leukemia in 1955.)Not satisfied with the income potential of his legal career, Munger began working on construction projects and real estate deals. He founded a new law office, Munger, Tolles & Hills, and, in 1962, started an investment partnership, Wheeler, Munger & Co., modeled on the ones Buffett had set up with his earliest investors in Omaha.“Like Warren, I had a considerable passion to get rich,” Munger told Roger Lowenstein for Buffett: The Making of an American Capitalist, published in 1995. “Not because I wanted Ferraris — I wanted independence. I desperately wanted it. I thought it was undignified to have to send invoices to other people.”1959 IntroductionHis fateful introduction to Buffett had come during a 1959 visit home to Omaha. Though the precise venue of their first meeting was the subject of lore, it was clear they hit it off right away. In short order they were talking on the telephone almost daily and investing in the same companies and securities.Their investments in Berkshire Hathaway began in 1962, when the company made men’s suit linings at textile mills in Massachusetts. Buffett took a controlling stake in 1965. Though the mills closed, Berkshire stuck around as the corporate vehicle for Buffett’s growing conglomerate of companies.A crucial joint discovery was a company called Blue Chip Stamps, which ran popular redemption games offered by grocers and other retailers. Because stores paid for the stamps up front, and prizes were redeemed much later, Blue Chip at any given time was sitting on a stack of money, much like a bank does.Using that pool of capital, Buffett and Munger bought controlling shares in See’s Candies, the Buffalo Evening News and Wesco Financial, the company Munger would lead.In 1975, the US Securities and Exchange Commission alleged that Blue Chip Stamps had manipulated the price of Wesco because Buffett and Munger had persuaded its management to drop a merger plan. Blue Chip resolved the dispute by agreeing to pay former investors in Wesco a total of about $115,000, with no admission of guilt.The ordeal underscored the risks in Buffett and Munger having such complicated and overlapping financial interests. A years-long effort to simplify matters culminated in 1983 with Blue Chip Stamps merging into Berkshire. Munger, whose Berkshire stake rose to 2%, became Buffett’s vice chairman.China BullIn recent years, Munger’s fans continued to travel to Los Angeles to ask him questions at annual meetings of Daily Journal Corp., a publishing company he led as chairman. He displayed his knack for investing by plowing the company’s money into temporarily beaten-down stocks like Wells Fargo & Co. during the depths of the 2008-2009 financial crisis.Munger was for many years more bullish than Buffett when it came to investing in China. Berkshire became the biggest shareholder of Chinese automaker BYD Co., for instance, years after Munger began buying its stock, though Berkshire began trimming that stake in 2022.Munger started sharing his vice chairman title at Berkshire in 2018 with two next-generation senior executives, Greg Abel and Ajit Jain, who were named to the board in a long-awaited sign of Buffett’s succession plans. Buffett subsequently identified Abel as his likely successor.It was Munger who, three years earlier, had signaled the likely promotion of Abel and Jain with praise delivered in his signature fashion: with a backhanded swipe at the boss.“In some important ways,” he wrote of the pair in 2015, “each is a better business executive than Buffett.”","news_type":1,"symbols_score_info":{"BRK.A":1.1,"BRK.B":1.1}},"isVote":1,"tweetType":1,"viewCount":1540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193392610894032,"gmtCreate":1688259776273,"gmtModify":1688259780280,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550209061154820","idStr":"3550209061154820"},"themes":[],"htmlText":"Spy and Voo all the way&nbsp;","listText":"Spy and Voo all the way&nbsp;","text":"Spy and Voo all the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193392610894032","isVote":1,"tweetType":1,"viewCount":1536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947501207,"gmtCreate":1683251099910,"gmtModify":1683251266559,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550209061154820","idStr":"3550209061154820"},"themes":[],"htmlText":"","listText":"","text":"","images":[{"img":"https://community-static.tradeup.com/news/d43cefa8e5215d73069ab5554a2f3543","width":"828","height":"7645"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947501207","isVote":1,"tweetType":1,"viewCount":1784,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9945175256,"gmtCreate":1681410939276,"gmtModify":1681410944067,"author":{"id":"3550209061154820","authorId":"3550209061154820","name":"kuchirat","avatar":"https://static.tigerbbs.com/d55f3fec29dd7e790245e4ddd6180ed9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550209061154820","idStr":"3550209061154820"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945175256","repostId":"9910578657","repostType":1,"repost":{"id":9910578657,"gmtCreate":1663652080580,"gmtModify":1676537309147,"author":{"id":"3586127272341946","authorId":"3586127272341946","name":"StickyRice","avatar":"https://community-static.tradeup.com/news/93860c945685006c561393099fa7ee30","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586127272341946","idStr":"3586127272341946"},"themes":[],"title":"Ares Capital: 9.2% Yield and Special Dividends.","htmlText":"A recession has arrived, making it more important than ever for dividend investors to invest in business development companies that have a long track record of successfully managing investors' money.Ares Capital <a href=\"https://ttm.financial/S/ARCC\">$Ares Capital(ARCC)$</a> is a highly regarded business development firm with a long history of achieving high returns on equity. The BDC also has a conservative asset allocation and strong net investment income, which allows it to cover its growing dividend payout. Even when trading at a premium to net asset value, ARCC is a buy.Ares Capital's investment portfolio did not change much in 2Q-22: the business development firm had an uneventful quarter in terms of portfolio composition, with only minor changes in the investment structure.As of Jun","listText":"A recession has arrived, making it more important than ever for dividend investors to invest in business development companies that have a long track record of successfully managing investors' money.Ares Capital <a href=\"https://ttm.financial/S/ARCC\">$Ares Capital(ARCC)$</a> is a highly regarded business development firm with a long history of achieving high returns on equity. The BDC also has a conservative asset allocation and strong net investment income, which allows it to cover its growing dividend payout. Even when trading at a premium to net asset value, ARCC is a buy.Ares Capital's investment portfolio did not change much in 2Q-22: the business development firm had an uneventful quarter in terms of portfolio composition, with only minor changes in the investment structure.As of Jun","text":"A recession has arrived, making it more important than ever for dividend investors to invest in business development companies that have a long track record of successfully managing investors' money.Ares Capital $Ares Capital(ARCC)$ is a highly regarded business development firm with a long history of achieving high returns on equity. The BDC also has a conservative asset allocation and strong net investment income, which allows it to cover its growing dividend payout. Even when trading at a premium to net asset value, ARCC is a buy.Ares Capital's investment portfolio did not change much in 2Q-22: the business development firm had an uneventful quarter in terms of portfolio composition, with only minor changes in the investment structure.As of Jun","images":[{"img":"https://community-static.tradeup.com/news/833fd6f635fd4227de759871c5439132","width":"1159","height":"834"},{"img":"https://community-static.tradeup.com/news/56ce2a87a11811158eabb893d700a0ff","width":"1167","height":"859"},{"img":"https://community-static.tradeup.com/news/50a97239e8f4d9e30dff83112da636b9","width":"1284","height":"1955"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910578657","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1639,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}