CEOs are also chief capital allocators. This is a point Warren Buffett has repeatedly made: that the role management plays in allocating capital across businesses and boosting returns on that capital is a critical yet poorly recognized one.
Strong credit markets give companies borrowing options to boost their stock prices while making bearish investors scramble to close out trades before losing any more money, both of which then push the stock market even higher and continue the self-reinforcing bullish cycle.
If Warren Buffett could change his mind about investing in airlines, Mohnish Pabrai could change his mind about investing in autos. Pabrai, who has modeled his investment career and fee structure after Buffett's original partnership, counts General Motors, Fiat Chrysler, and Ferrari in his highly concentrated portfolio.
I felt lost in endless spools of social media. All the while, emails by the thousands were piling up, phone calls were getting lost in the mix, and messages from the most important people in my life were getting drowned out in the din. I was more responsive to comments on Instagram than to my own closest friends and family.
Fans of the hit HGTV show 'Fixer Upper' are well aware that its stars, Chip and Joanna Gaines, live on a farm in Waco, Texas. Nearly every episode features some kind of montage of their four kids romping outside with various kinds of farm animals, from pigs to horses to goats.
The billionaire founder of investment firm Elliott Management was one of several investors who warned financial ministers in 2007 that a crack in the housing market could cause huge problems for the banking industry.
A 'reptilian revolution' has the potential to reshape manufacturing. The 'snakebots' being developed at Carnegie Mellon University aren't just useful for surgical or search-and-rescue purposes. They could also usher in a new, more customized era of mass production.
There is surprisingly low penetration still of synthetic rubber gloves in the medical field. People are allergic to natural rubber, but the industry has been slow to switch to synthetic gloves.
Russia's leader, Vladimir Putin, has managed to retain high approval ratings despite his slumping economy by seizing Crimea from Ukraine and participating in the Syrian war that is destabilizing the Mideast and, increasingly, Europe and the West.
