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A Brief History of Smart Beta + MORE Sep 1st
This post is Part 2 in a series about smart beta ETFs. See below for links to other posts in the series.
Smart beta is a relatively new term, but its roots stretch back several decades. Let’s look at the history of how the idea developed.
We’ll start with a simple question that has long b.... More »
No house? No worries: How to tip the financial scales in your favour if you can’t afford to buy a home Jun 12th
How can you generate wealth without owning four walls and a roof? We asked the experts..... More »
Ontario home prices expected to rise moderately, declines unlikely to persist: CMHC Jun 14th
CMHC says a recent drop in Ontario home prices isn't expected to persist, as economic growth in the Greater Toronto Area and the province in general will provide support for real estate prices this year and next..... More »
9 Key Things to Remember When Managing Your Investment Portfolio Feb 27th
It is always a good idea to keep your eye on the ball when it comes to managing your portfolio as your investment priorities can easily evolve over time and markets change too, meaning you might have to move your money around to spread the risk.
Here is a look at some of the main things to remember .... More »
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago - TechCrunch + MORE Apr 30th
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago TechCrunch'If you're a shareowner in Amazon, you may want to take a seat' — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response CNBCAmazon posts higher 1Q s.... More »
Berkshire Hathaway’s 1Q profit up 8 per cent on paper gain
– canadianbusiness.com
OMAHA, Neb. – Berkshire Hathaway’s first-quarter profit grew 8 per cent largely because of the way it had to account for its Duracell acquisition on paper, but profits fell at its BNSF railroad and at its insurance units.
CEO Warren Buffett offered a preview of the first-quarter results at the company’s annual meeting Saturday although Berkshire won’t release its full report until next Friday.
Berkshire earned $5.589 billion, or about $3,400.89 per Class A share. That’s up from $5.16 billion, or $3,143 per Class A share, last year.
During the first quarter, Berkshire traded roughly $3.8 billion worth of Procter & Gamble stock for Duracell and about $1.7 billion cash. That boosted the paper value of Berkshire’s investments and derivatives to $1.85 billion this year compared to $920 million last year.
Berkshire also completed its $32 billion acquisition of Precision Castparts during the quarter. The maker of components for aircraft, power plants and other industries displayed some of its products at the meeting Saturday…
CEO Warren Buffett offered a preview of the first-quarter results at the company’s annual meeting Saturday although Berkshire won’t release its full report until next Friday.
Berkshire earned $5.589 billion, or about $3,400.89 per Class A share. That’s up from $5.16 billion, or $3,143 per Class A share, last year.
During the first quarter, Berkshire traded roughly $3.8 billion worth of Procter & Gamble stock for Duracell and about $1.7 billion cash. That boosted the paper value of Berkshire’s investments and derivatives to $1.85 billion this year compared to $920 million last year.
Berkshire also completed its $32 billion acquisition of Precision Castparts during the quarter. The maker of components for aircraft, power plants and other industries displayed some of its products at the meeting Saturday…
