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Amid a ‘sea change’, it’s about to be credit’s moment: Howard Marks

The legendary investor says we’re in the midst of the third major shift he’s seen in his 50-year career, as a decades-long low-interest-rate environment shifts to something most investors have not yet experienced. It’s a new world in which credit investors – and especially bargain hunters – should thrive.

Lisa Uhlman | 28th Jul 2023 | More
After big tech bet on Apple, Buffett’s Berkshire refocusses on energy

Berkshire Hathaway recently added 20.4 million shares of Apple, which now makes up about half its equity holdings. More recent moves suggest Warren Buffett may now be returning to his historical focus on value, via old-school energy investments.

Lisa Uhlman | 21st Jul 2023 | More
“That was probably a mistake”

Warren Buffett is the first to admit that active investors can’t get it right every time, doing so once again at the Berkshire Hathaway Annual Shareholder’s meeting last week. The quotes of Buffett are an enigma of themselves, with the man himself suggesting investors adopt an index approach, but being amongst the most active investors…

Drew Meredith | 17th May 2021 | More
  • ‘To finish first, you must first finish’ – Douglass flags valuation concerns

    Media pressure continues to grow on Hamish Douglass and the $100 billion Magellan Financial Group. After years of outperformance the flagship fund has been caught off guard by what Douglass himself described as ‘the best month in 26 years’ that was November 2020. As markets continue to move forward, Douglass and Magellan remained steadfast deciding…

    Drew Meredith | 17th May 2021 | More