Warren Buffett’s unintentional wake-up call for investors and how you can profit now

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Kevin Godbold | Monday, 18th May, 2020 Image source: The Motley Fool Our 6 ‘Best Buys Now’ Shares Warren Buffett’s unintentional wake-up call for investors and how you can profit now Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by Kevin Godbold Enter Your Email Addresscenter_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Warren Buffett sold his stocks in America’s ‘big four’ airlines during the Covid-19 stock market crash.But he’s known for being greedy with stocks when others are fearful. So his dumping of the airlines might have been a bit of a shock for some investors. Especially those piling into airline shares with his avuncular advice ringing in their ears.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Warren Buffett’s hatred of airlinesYet Buffett’s move starts to make more sense when we reflect on his tendency to buy the shares of high-quality companies when they are selling at discounted prices. The trouble with airlines is they tend not to be high-quality enterprises.Read Buffett’s history and it’s clear he’s been no fan of airlines and regarded them as poor-quality businesses. Indeed, they are cyclical in nature and dependent on a huge array of ducks lining up to prosper. For example, manageable oil prices, consumer demand, economic stability – and the absence of a pandemic!He once wrote of airlines: “Investors have poured money into a bottomless pit, attracted by growth when they should have been repelled by it.” He also reflected on his own bitter experience saying he, “participated in this foolishness” when he bought shares in US Air in 1989.That explains why he didn’t load up with the shares of airlines when the ‘story’ changed recently in the coronavirus crash. But It doesn’t explain why he bought them in the first place. Especially after being so vehemently against them previously.How he changed his mindThe answer to the conundrum is nuanced. Buffett apparently ended up investing in the big four airlines because he predicted more people would fly and the carriers would at least maintain their value and continue buying back shares. He said in a 2017 interview that the airlines had a bad 20th century and “I think there have been almost 100 airline bankruptcies. I mean, that is a lot. [But] they got that bad century out of the way, I hope.”Oops! We’ve all failed to act on the lessons we’ve previously learnt from time to time. To his credit, Buffett threw his hands in the air and declared he’d made a mistake as soon as Covid-19 altered his perception of prospects for the airlines. He acted decisively and sold, cutting his losses short because a losing holding is perhaps the biggest threat to any investors’ portfolio. Losing positions can turn outperformance in some shares into a mediocre or even losing performance overall.My guess is he allowed his mind to wander into the realms of a previously hated sector because of the sheer difficulty of finding homes big enough to accommodate investments measured in billions.A wake-up callThe tone of Buffett’s homespun, folksy and avuncular advice often makes investing sound easy – which it can be if you are investing in index tracker funds. But following gurus – even Buffett – can be dangerous if you don’t work hard researching and monitoring when picking individual stocks.I reckon Buffett’s reversal with the airlines emphasises something else too: unless you’re buying the whole market with an index fund, don’t apply Buffett’s be greedy philosophy indiscriminately.And since the coronavirus crisis, I reckon we are in a stock-picker’s market more than ever. Kevin Godbold has no position in any share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img read more

Two radio station operators to be tried for broadcasting to China

first_img News Receive email alerts RSF laureates support jailed Vietnamese journalist Pham Doan Trang VietnamAsia – Pacific April 22, 2021 Find out more Three more independent reporters arrested in Vietnam Vietnam sentences journalist Tran Thi Tuyet Dieu to eight years in prison Beijing’s reach does not stop at China’s borders. Reporters Without Borders has learned that the Chinese government successfully pressured the Vietnamese authorities to arrest two people, Vu Duc Trung and Le Van Thanh, for operating an unauthorized short-wave radio station that was broadcasting in Chinese from a farm outside Hanoi.The organization is worried by this latest evidence of Chinese influence over its Asian neighbours in matters concerning media freedom, and urges the Vietnamese government to give Trung and Thanh a fair trial regardless of China’s pressure.They were initially accused of operating broadcasting devices without a permit, an administrative charge. This was later upgraded to a criminal charge, suggesting they will be prosecuted in connection with the content of their broadcasts when their case comes to trial on 8 April. A report issued by the Ministry of Public Security tends to confirm this.Trung and Thanh, who have been held for several months, are members of Falun Gong, a spiritual movement banned in China. It is alleged that they began on 26 April 2009 to broadcast on the short-wave to China, 800 km away, from a farm in the town of Thach Loi, east of Hanoi. The programmes they broadcast were those of the Sound of Hope Radio Network, an overseas Chinese radio station linked to the Falun Gong.On 23 March, Reporters Without Borders condemned the arrest of the manager of Radio Era Baru, a Falun Gong-linked radio station in Indonesia, as a result of Chinese pressure. He is facing a possible six-year jail sentence under Indonesia’s Telecommunications Law.To appeal on behalf of these citizen journalists, call the Deputy Minister of Investigation and Security, Huong Van Nguyen, at +84-4-38226602 or fax at +84-4-39420223 to request the release of Vu Duc Trung and Le Van Thanh April 7, 2021 Find out more News Follow the news on Vietnamcenter_img News to go further Organisation Help by sharing this information April 27, 2021 Find out more RSF_en News VietnamAsia – Pacific April 5, 2011 – Updated on January 20, 2016 Two radio station operators to be tried for broadcasting to Chinalast_img read more

DIRCO to meet with US Embassy following tweet on the land programme

first_imgThe Minister of International Relations and Cooperation, Ms Lindiwe Sisulu, has noted the unfortunate comments on Twitter by the President of the United States of America, H.E. Donald J. Trump, on land redistribution and crime.It is regrettable that the tweet is based on false information. The Minister has thus instructed the Department to meet with the US Embassy in Pretoria to seek clarification on the matter today, 23 August 2018.Minister Sisulu will also communicate with Secretary of State Michael Pompeo on the matter through diplomatic channels. Minister Sisulu said South Africa has good political, economic and trade relations with the United Sates of America and that diplomatic channels remain open to provide clarity on issues of mutual interest.Further comments will be made after the meeting between DIRCO and US embassy officials.Enquiries: Mr Ndivhuwo Mabaya, 083 645 7838 or [email protected] BY THE DEPARTMENT OF INTERNATIONAL RELATIONS AND COOPERATIONOR Tambo Building, 460 Soutpansberg Road Rietondale, Pretoria 0084last_img read more

Longqibeauty® 3 Bundles Pack JERRY CURLY Brazilian Virgin Hair Weave Extensions Curls Hair Weft 100% Human Hair Natural Colour – Good quality hair

first_imgThe hair is pretty comfortable and nice also the price is sensible.Features of Longqibeauty® 3 Bundles Pack JERRY CURLY Brazilian Virgin Hair Weave Extensions Curls Hair Weft 100% Human Hair Natural Black Colour (14inch 16inch 18inch)Hair Material:100% Unprocessed human hair,Grade 6A Brazilian virgin Jerry Curl Human HairUnprocessed Hair-Reinforced Double Machine wefts,No Shedding,No Tangles,Smooth Hair Texture-Soft,Silky,And Thick Healthy Ends.Wash and Wear-Jerry Curl Gives The Wearer A Glossy,Loosely Curled Look,Hair Can Also Be Dyed,Highlighted,Curled,Straightened or Styled.Brazilian 3 Bundles-Three mixed Length Pack Will Help You Enhance The Fuller Look That Are Thicker,Healthier,And Longer Than Ever Before.Sewing Directly In or Adding to Clips for Reusable Style.This is a stunning products perfectly performed. This is a gorgeous solution effectively completed. Regardless of whether its not virgin or not its superior high quality, pleasant come to feel. So glad i acquired two packing containers with 3 hair lengths in it, 10, 12, 14 :).This is a stunning products perfectly performed. This is a gorgeous solution effectively completed. Regardless of whether its not virgin or not its superior high quality, pleasant come to feel. So glad i acquired two packing containers with 3 hair lengths in it, 10, 12, 14 :).It did the career limited phrase, will not imagine it can be 100% virgin hair sorry . The hair is nice and delicate, on the other hand after getting it on for 3 months it begins to bind collectively like wool and i have used diverse brand names of virgin hair and i have to say this is not the finest for me. I found it did the work for the situation i required to search good for but it can be not great prolonged expression.Undoubtedly would use them once more.Excellent hair but doesn’t match. Really quick delivery very well packaged and pleasant quality, good wanting hair. Just a shame it will not match my hair shade, will have to return.. Pleased with the hair, greatest hair at any time. It isn’t going to shade out, seems so natural, folks end me on streets inquiring which products and solutions do i use for my hair, pondering it’s my serious hair. ?i have just ordered an additional piece as a friend’s birthday present.Arrived quicklygood qualitynice and delicate.I bought the hair two months ago and. I experienced some uncertainties lead to for this sort of hair, this selling price is extremely good. I purchased the hair two months back and now i can say that is really very extremely superior high-quality hair. I am quite satisfied and i am going to advise it for positive.Seriously delighted with this invest in ? arrived immediately and very happy with the top quality. Had heaps of compliments ?.Hugely advise this hair, i have experienced my hair in for approx 8 months and nevertheless looks goodhardly any shedding, i will not find d the want to brush, just moist down each individual early morning and comb as a result of with my fingersi’ve acquired numerous compliments relating to my hair and about to obtain my 2nd ton of hair as i am pretty pretty content ?.The hair is pretty comfortable and nice also the price is sensible.Arrived quicklygood qualitynice and delicate.Attractive hair i am in adore with the hair. Stunning hair i am in really like with the hair, i will obtain once more thank you ?.The shipping is quick and the merchandise is terrific i tried out straightn it and it really is lovely.Excellent hair very delighted.A fantastic alternate for these on a price range. I requested this hair on 17th of march, and it has just arrived today 18th of march (fulfilled by amazon, sent by amazon logistics). Extremely well packaged and all lenghts labelled appropriately. Now, as for the excellent of the hair, i am really acquainted with ‘virgin’ hair, this is not virgin as labelled on the box and offer. Neither is all the other so known as virgin hair from the numerous costly online merchants. It is, on the other hand, ‘real’ human hair and is a very good substitute to all those overpriced bundles marketed by other on line hair sellers. For any individual on a spending budget, this hair is fairly decent and nobody would ever explain to the big difference among this hair and the real pure virgin hair from the temples of india. Unquestionably advocate, any thoughts welcome.This is a legitimate human hair. Really affordable and great excellent. Washes properly and small to no shredding. Pretty superior, much better than predicted , gentle extensive lasting curls.So lovely will order once again in foreseeable future.So lovely will order once again in foreseeable future.I’m glad I have a spare box of hair though ?)Reasonable Hair of a 5star quality.,Happy with the hairlast_img read more

Ohio State’s National Championship Rings Are Hurting The Buckeyes’ FIFA Playing Ability

first_imgOhio State's national championship rings.Ohio State’s 2014 football team received its national championship rings this morning. There are, of course, many benefits to wearing a championship ring: they look cool, they go with everything and they remind people that you are a national champion. There’s a downside, though: they hurt your video-game skills. You know how hard it is to win a FIFA game with this ring on? Feel me @jbbigbear we just take it for granted without it— Joe Burger (@jburgs37) March 27, 2015Perhaps the people who design the national championship rings should figure out a way to make them lighter so it’s easier to score goals in FIFA.last_img read more

North American stock indexes stumble as loonie hits 6week high

first_imgTORONTO – Mining stocks and financials weighed on Canada’s main stock index Tuesday as U.S. markets also fell into the red, while the Canadian dollar gained ground.The S&P/TSX composite index was down 53.35 points to 15,915.68 in a broad-based decline that included the materials, gold and base metals sectors.In commodities, the February gold contract fell US$12.80 to US$1,264.90 an ounce and the March copper contract was down 14 cents to US$2.95 a pound.It was also a negative day for financial institutions, as the Bank of Montreal (TSX:BMO) wrapped up the big banks’ earnings season Tuesday with a drop in profits, which were hit by reinsurance claims related to hurricanes Irma, Maria and Harvey during the quarter ended Oct. 31. The Canadian lender’s net income slipped to $1.23 billion, down from $1.35 billion during the same period a year earlier.Canada’s other big banks also saw losses, including Toronto-Dominion Bank (TSX:TD), which was down 1.32 per cent, and Bank of Nova Scotia (TSX:BNS), which was down 0.59 per cent.“The banks are all a little weak today but if you look at the operating results the banks have reported we have seen fairly strong results from the vast majority of the banks,” said Colum McKinley, vice-president and portfolio manager of Canadian equities at CIBC Asset Management Inc.“And despite some concerns people have had about the Canadian economy and about housing and the effect that would have on the Canadian banks, we’ve seen fairly good results out of their underlying businesses so we continue to be encouraged by the results that we see being reported.”The energy sector was the lone bright spot among major sectors on the TSX, as the price of oil recovered modestly after a sharp drop on Monday. The January crude contract advanced 15 cents to US$57.62 per barrel.Elsewhere in commodities, the January natural gas contract retreated seven cents to US$2.91 per mmBTU.“There is a bit of a divergence in the energy space,” McKinley noted. “There continues to be a near-term challenge on getting gas to markets effectively and concerns about growing oversupply. And so we’re likely to see that weigh on these stocks in the coming months and quarters.”South of the border, Wall Street fell into the red after a recovery for technology stocks lost ground. Telecom stocks, utilities and industrial companies had the market’s sharpest losses.In New York, the Dow Jones industrial average tumbled 109.41 points to 24,180.64. The S&P 500 index edged down 9.87 points to 2,629.57 and the Nasdaq composite index gave back 13.16 points to 6,762.21.Tech stocks began stumbling last week as expectations ramped up for Washington to push through an overhaul of the tax system. Technology companies already pay some of the lowest effective tax rates of companies in the S&P 500, so they have less to gain from the proposal.In currency markets, the Canadian dollar closed at an average trading value of 78.86 cents US, up 0.09 of a U.S. cent, ahead of Wednesday’s Bank of Canada interest rate announcement.That’s the highest level for the loonie in six weeks when it closed at an average trading price of $78.95 cents US on Oct. 24.– With a file from The Associated Press.Note to readers: CORRECTS TSX closing numberslast_img read more

Munich officials want train station to have air taxi parking

first_imgBERLIN – A group of city counsellors in Munich say they want the southern German city’s main train station to have a landing pad for flying taxis.Five city council members from the Christian Social Union party submitted a motion Wednesday calling on rail company Deutsche Bahn to consider the space needed for the small, drone-like passenger aircraft in its plans for a future redesign of the station.In their motion, they write that “it is to be expected that within a few years technology will have advanced so far that flying taxis can be used to transport people.”The party, which has a majority across Bavaria but is in opposition in the state capital’s assembly, has recently been championing the idea of flying taxis as a future means of travel.last_img read more

Most actively traded companies on the TSX

first_imgSome of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,262.88, down 108.67 points)Aurora Cannabis Inc. (TSX:ACB). Health care. Up one cent or one per cent to $8.80 on 17.3 million shares.Aphria Inc. (TSX:APH) Health care. Up 97 cents or six per cent to $16.98 on 12.1 million sharesCronos Group Inc. (TSX:CRON) Health care. Up $1.04 or 8.8 per cent to $12.81 on 9.9 million shares.Canopy Growth Corp. (TSX:WEED) Health care. Up $1.96 or 3.4 per cent to $59.64 on 8,4 million shares.Barrick Gold Corp. (TSX:ABX) Gold. Down 25 cents or 1.8 per cent to $13.35 on 6.1 million shares.Baytex Energy Corp. (TSX:BTE) Energy. Down 10 cents or 2.5 per cent to $3.91 on 5.5 million shares.Companies reporting major news:Restaurant Brands International (TSX:QSR). Consumer discretionary. The parent company of Tim Hortons, denied a claim by a group of franchisees that the coffee pots they’re required to use have been shattering and injuring employees. RBI said the claim is yet another “false accusation” from a group that it has battled for more than a year.Canadian Natural Resources Ltd. (TSX:CNQ) Energy. CNQ signed a deal to buy the Joslyn oilsands project for $225 million from Total SA and its partners, which include Suncor Energy Inc. (TSX:SU). Canadian Natural will pay $100 million in cash on closing and make annual cash payments of $25 million over the next five yearsAimia Inc. (TSX:AIM) Industrials. The loyalty-points company agreed to settle a nine-year-old lawsuit over the expiry of Aeroplan mileage points and the closure of dormant Aeroplan accounts — setting the stage for a return of points to eligible members of the loyalty program. The agreement requires court approval.last_img read more

Temporary and extreme weather response shelters open in BC

first_imgVICTORIA B.C. – The Government of B.C. is opening additional shelter spaces across the province for people experiencing homelessness so they have a safe and warm place to stay.Partnering with municipalities and non-profits in approx 65 communities, the Province is providing more than 1,400 temporary shelter spaces which will be open every night and offering meals.Fort St. John is the only community in Northeast B.C. that will receive part of this funding. A total of 26 spaces will be available a the Fort St. John Salvation Army building on 99 avenue. 750 extreme weather response shelters are available from Nov. 1, 2018, to March 31st, 2019. These shelters only open at the discretion of the community depending on weather conditions and how many spaces to make available depending on the capacity of the existing shelters and need.Selina Robinson, Minister of Municipal Affairs and Housing says “Temporary and extreme weather shelters are crucial to ensuring the health and safety of people living on the street and getting them out of the cold and wet weather,”. She goes on to say, “These shelters not only have the potential to save lives – they also assist people in accessing the support and services they need to achieve housing stability.”Both the temporary and extreme weather shelter spaces add to the almost 2,000 permanent year-round spaces throughout B.C. There is room to add more of these shelters if needed.Learn More:To learn more about the Province’s emergency shelter program, visit: www.bchousing.org/housing-assistance/homelessness-services/emergency-shelter-programTo see a map of permanent and temporary shelters in B.C., visit: www.bchousing.org/Options/Emergency_Housing/Maplast_img read more

CSK look to dominate bottom-placed Royals

first_imgChennai: A confident Chennai Super Kings (CSK) will aim to maintain their dominance in the IPL when they host bottom-placed Rajasthan Royals at the M.A. Chidambaram Stadium here on Sunday. While the defending champions are sitting at the second spot in the points table with two wins from as many games, Rajasthan have lost both their games and it will be a herculean task for the Ajinkya Rahane-led side to stop Chennai, one of the most successful teams in IPL history. Also Read – Puducherry on top after 8-wkt win over ChandigarhMeanwhile, all eyes will also be on the Chepauk wicket as just 141 runs were scored here in the first game of the season featuring Royal Challengers Bangalore and Chennai. Rajasthan’s batting unit has done an excellent job so far, but their bowlers have let them down. Despite posting a challenging 198/2 against Sunrisers Hyderabad on Friday, the Rajasthan bowlers failed to restrict their opponents as most of them leaked runs. Only Shreyas Gopal had a perfect outing with impressive figures of 3/27 and the team management would expect him to replicate the show on Sunday. Also Read – Vijender’s next fight on Nov 22, opponent to be announced laterRajasthan batsmen Sanju Samson, Jos Butler and Rahane have performed on expected lines, but will have to come out with something special when they face the experienced Chennai bowlers. On the other hand, the Chennai bowlers have done a fair job till now and are likely to give a difficult time to the visiting batsmen on the Chepauk wicket. Veteran Harbhajan Singh, Imran Tahir and all-rounder Dwayne Bravo have impressed in both the matches and will look to keep the momentum going. While Tahir and Bravo have four wickets each from the two games, Ravindra Jadeja and Harbhajan have three each. The Chepauk wicket assisted the spinners in the last game and Chennai skipper Mahendra Singh Dhoni is likely to stick with his spin bowling trio of Jadeja, Tahir and Harbhajan. Dhoni would however expect his batsmen to fire, who have been average so far. With the likes of experienced Suresh Raina, all-rounder Shane Watson, Kedar Jadhav, Bravo and Dhoni, Chennai have the ability to overhaul any massive target or post a mammoth total. Meanwhile, it will also be interesting to see how the Chepauk wicket behaves on Sunday. Speaking after the opening game, both Dhoni and RCB skipper Virat Kohli had said that they were expecting a better wicket. Overall, the 12th game of this year’s league will be a contest between Chennai’s bowlers and Rajasthan’s batsmen. Squads: Chennai Super Kings: Harbhajan Singh, Shane Watson, Dwayne Bravo, MS Dhoni (c & wk), Suresh Raina, Ravindra Jadeja, Kedar Jadhav, Ambati Rayudu, Imran Tahir, Deepak Chahar, Shardul Thakur, Murali Vijay, Karn Sharma, Faf du Plessis, Sam Billings, Mohit Sharma, Dhruv Shorey, Monu Kumar, Mitchell Santner, Chaitanya Bishnoi, N Jagadeesan, Ruturaj Gaikwad, KM Asif Rajasthan Royals: Ajinkya Rahane (c), Jos Buttler (wk), Sanju Samson, Steven Smith, Ben Stokes, Rahul Tripathi, Krishnappa Gowtham, Jofra Archer, Jaydev Unadkat, Shreyas Gopal, Dhawal Kulkarni, Prashant Chopra, Manan Vohra, Aryaman Birla, Stuart Binny, Shashank Singh, Liam Livingstone, Shubham Ranjane, Ashton Turner, Riyan Parag, Mahipal Lomror, Ish Sodhi, Varun Aaron, Oshane Thomas, Sudhesan Midhun.last_img read more