Here are a few nuggets of wisdom from the oracle of Omaha.

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“Time is the friend of the wonderful business, it’s the enemy of the lousy business”
Buffett on the Dow, housing, etc.

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Advanced stock market traders have a system. They hedge their risks. This can be done with a variety of techniques such as using margin, selling short, considering IPOs, and other sophisticated trading strategies. We’ll consider a few of these here.
Understanding IPOs
IPOs or initial public offerings mark the transition of a company from a privately owned […]

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The Fed’s 0.25% rate cut did little to boost the financial markets. In fact, the effect was the opposite as the Dow Jones Industrial Average fell by 294 points. Financial stocks in particular got hit hard, including some of my favorites - Goldman Sachs and Merrill Lynch. This is a good opportunity to pick up […]

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The Dutch were the first to have continuous trading on a stock exchange in the 17th century in Amsterdam. Prior to this, in 13th century France, product traders used to meet in a house which they later called “Bruges Bourse”. Nowadays, stock markets can be found in most countries but the biggest markets can be […]

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There is a CompUSA store nearby which I used to frequent to shop for computer stuff. I noticed recently that it has been closed. Now I know why. I guess it’s tough to compete with more and more people shopping online with sites like TigerDirect.com and Buy.com. The next closest store to me is now […]

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I’ve been reading up on Warren Buffett lately. According to the website GuruFocus.com, Warren Buffett’s (or Berkshire Hathaway) portfolio as of September 2007 consists of 37% financials and 32% in consumer goods. The next four biggest sectors are industrials (13.8%), health care (7.4%), consumer services (6.1%) and oil & gas (2.3%).
Some of the bigger holdings […]

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A home mortgage calculator can help determine how much your prospective mortgage is going to be. Mortgage brokers and bankers use this to help figure out your mortgage rates. You can check their math by doing it yourself. This is also helpful if you need to compare mortgages offered by differing companies. […]

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Market Watch has a new portfolio tool that I like. Compared to Yahoo Finance or Google Finance, the interface is more intuitive and the data is presented in such a way that you can really get a good overview of your entire portfolio on the page. Of course, you can customize the views by selecting […]

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These days, you can get easy access to financial information about companies on the internet. This is especially helpful for those who maintain their own stock portfolio. The Internet has brought the “trading” desk to millions of households and it is now possible to buy and sell shares, options, warrants, interest rate securities and managed […]

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