Berkshire Hathaway CEO Warren Buffett is one of the most successful value investors of all time. By picking stocks that trade at steep discounts relative to their intrinsic value, Berkshire Hathaway consistently beat the broader market during his lengthy tenure as the company's primary stock picker. Although classic value stocks fell out of favor during the nearly decade-long bull market over the course of 2010 to 2020, and Berkshire's stock underperformed some major U.S. stock indexes as a result, these tried and true investing vehicles are making a furious comeback during this current bear market. The long and short of it is that the increasing likelihood of rising interest rates and stubbornly high levels of inflation ought to favor Buffett's value-oriented approach to investing over narrative-driven growth stocks in 2022. Which Berkshire Hathaway -- or Warren Buffett stocks -- are the best value plays right now? Bank of America ( NYSE:BAC ) and Teva Pharmaceutical … [Read more...] about 2 Best Warren Buffett Value Stocks to Buy Right Now
Dirt cheap clothes
To cut U.S. greenhouse gas emissions in half within a decade , the Biden administration’s goal, the U.S. is going to need a lot more solar and wind power generation, and lots of cheap energy storage. advertisement advertisement Wind and solar power vary over the course of a day, so energy storage is essential to provide a continuous flow of electricity. But today’s batteries are typically quite small and store enough energy for only a few hours of electricity. To rely more on wind and solar power, the U.S. will need more overnight and longer-term storage as well. While battery innovations get a lot of attention , there’s a simple, proven long-term storage technique that’s been used in the U.S. since the 1920s. It’s called pumped hydro energy storage . It involves pumping water uphill from one reservoir to another at a higher elevation for storage, then, when power is needed, releasing the water to flow downhill through turbines, generating … [Read more...] about Forget batteries. This 100-year-old technique provides cheap energy storage for wind and solar power
It's been a tumultuous few weeks in the stock market with fears about the pandemic and economy sending prices down across various sectors. Many companies were overvalued to begin with, making it difficult to find great buying opportunities even among the stocks experiencing steep losses. But they do exist and often not where you'd expect. One such stock is Levi Strauss and Co. ( NYSE:LEVI ) . Levi's stock trades at less than 20 times trailing 12-month earnings, and Wall Street expects this modest stock to gain 50% or more over the next year. Here's why it might be a great addition to your portfolio. Everyone is wearing jeans Levi's is an iconic apparel brand whose name is inextricably linked with blue denim. It's one of the oldest clothing brands in the U.S., but the company has only been public since 2019, aside from an earlier stint on the markets over three decades ago. Image source: Getty Images. 2020 was a difficult time for the company as it was for most … [Read more...] about Wall Street Expects This Cheap Stock to Grow 60%
Share to Twitter Share to Linkedin Shares of 1Life Healthcare — parent company of One Medical, a San Francisco-based provider of healthcare membership services — has taken investors on a bumpy ride since it went public two years ago next week. How so? Investors who bought in at its IPO watched the stock rise 173% to peak at about $60 last February, only to lose 84% of that value to open January 24 at $9.70 — about 56% below its IPO price. Does One Medical’s loss of stock market value make its shares a buy? Despite some positive aspects to the story — notably a large market and rapid top-line growth, I am siding with those who are betting that its shares will keep going down. (I have no financial interest in the securities mentioned in this post). One Medical’s Big Market Opportunity and Rapid Growth One Medical provides healthcare membership services — including “walk-in immunizations and lab services, behavioral health, women's health, men’s health, … [Read more...] about 1LifeHealthcare Stock Is Plunging. That Does Not Make It Cheap
advertisement advertisement After weeks of trying, I’d nearly found the real person behind a Twitter bot. It wasn’t the person who started the bot–chances are, that was just a computer program. Instead, I was hunting for the woman in the profile picture, the person whose identity had been stolen. The Internet is a big place; this isn’t easy to do. But I’d tracked the photo of a short-haired, punkish 20-something–used by @Arnitamj5 , a bot calling itself Arnita Barayuga–to an abandoned MySpace profile of a Dallas woman named Elizabeth. She didn’t seem to have any other Internet presence, but I found one of her old MySpace friends on Facebook, figured out that he worked at a Dallas bike shop, and called it. “So, listen,” I told him. “This will be the weirdest call you’ll get today.” “Today?” he said. advertisement advertisement “Probably all month.” Then I explained: My goal was to draw a straight line from a Twitter bot to the … [Read more...] about Who’s That Woman In The Twitter Bot Profile?
The problem with trying to do everything right in a pandemic is that “everything” is way too many things, and the “right” way to do them changes almost by the day. advertisement advertisement Staying vigilant against COVID-19—especially in its omicron era—is deeply annoying at best. Everyone is sick of it, and bone-tired because of it. Our fumes are running on fumes. We all just want to reach the Final Boss level of the pandemic already and move past it, preferably toward a way of life that feels like before . Until then, most people I know are continuing to calculate how close to before they can get while still doing as much of everything right as possible. Other people, however, have lately begun arguing for a different approach in op-eds, Substacks, and appearances on Real Time with Bill Maher . These folks are taking a principled stand against . . . having to do anything at all to avoid either catching, detecting, or transmitting the novel … [Read more...] about You may be done with the pandemic but the pandemic isn’t done with you
The Keurig machine –that handy gadget that produces one perfectly portioned cup of coffee–has 37 patents. Two of those integral patents expire this September, opening the simple but legally exclusive technology behind K-Cup coffee pods to retailers that want to produce their own, cheaper versions. Keurig’s parent company, Green Mountain Coffee Roasters, prepared a two-pronged defense: Partner with popular coffee companies (such as Folgers and Dunkin’ Donuts) to make branded K-Cups, and introduce the Vue, a new, fancy espresso machine that comes complete with a Starbucks alliance. To understand how important this is to Green Mountain–and how attractive it is to everyone else–just look at the rapid growth of single-serve revenue. advertisement So Long, Coffeepot 118M U.S. Homes 10.8M U.S. Homes With Keurig Brewers Brewing Is Cheap, Unless It’s By The Cup Folgers In A Cup 5 cents per cup 67 cents per cup Starbucks In A Bag 27 cents per cup 93 cents … [Read more...] about Why Big Coffee Is Betting On Single-Serve Cups
Photo by matthew mahon Gabriella Draney Cofounder And Managing Partner / Tech Wildcatters / Dallas advertisement Resume : Tech Wildcatters ranks among the top accelerators in the country, thanks to the two-year-old program’s vertical specialization in B2B startups. Draney aims to make North Texas a top-three innovation hub within the next 15 years. “What really gives us a leg up is our focus on the enterprise. Dallas has the largest concentration of corporate headquarters in the world. Within weeks, our guys are closing deals with companies like 7-Eleven or Frito-Lay or American Airlines. You’re sure not going to find that in Boulder, or even Palo Alto. Somebody even told me this week that they were looking into different top-tier accelerators, and actually contacted some of the mentors listed on the sites. Those mentors were like, ‘I’m not really involved, but my picture is still there.’ That’s cheap. I’ve seen accelerators where the executive … [Read more...] about Tech Wildcatters’ Gabriella Draney Aims To Make North Texas The Next Innovation Hub
Gavet, photographed on the Bolshoy Kamenny Bridge, in Moscow, is that rare outsider who has thrived in Russia’s insular business community. | Photo by Yuri Kozyrev “We will have dinner,” Maelle Gavet says. “And you will see the girls.” advertisement advertisement “The girls?” I ask. “I told you I’d show you the nightlife of Moscow” is Gavet’s riddle of a reply. “I will show you the nightlife of Moscow.” Gavet–CEO of Russia’s largest e-commerce company, Ozon Holdings , and the closest thing this country has to a Jeff Bezos–is taking me to Soho Rooms, one of the city’s hottest nightclubs, and then we’ll be off to a few more clubs. If we’re still upright by 8 a.m., we plan to check out a pretty cool after-hours spot she knows about. “Or you can go home if you get too tired,” she adds. advertisement advertisement It’s 10 p.m. in Moscow on a sticky May night. The sun is just going down. And as Gavet’s driver–a … [Read more...] about Is This The Jeff Bezos Of Russia?
Photo by Phillip Toledano; Styling: Katie Rusch The Manhattan laboratory of International Flavors & Fragrances, a facility that spans the better part of a Midtown office floor, has more bottles lying around than a frat house on Sunday. advertisement advertisement There are about 84,000 of them, each filled with a potent oil, divided up among the lab’s 28 bays. Every time some rich banker prowls around town wearing Calvin Klein’s Eternity or a debutante trails Oscar de la Renta’s Live in Love across an Upper East Side penthouse party, they are rewarding the labors of IFF’s team of perfumers. Both scents were made here. “But yesterday was a big Axe day, I can tell you,” Veronique Ferval, IFF’s creative center manager, tells me. “You could walk around and could smell . . .” . . . a high-school locker room? But she’s cut off by Ann Gottlieb, the woman who oversees all Axe scents. IFF is currently trying to win the contract for Axe’s 2014 scent … [Read more...] about Axe’s Highly Scientific, Typically Outrageous And Totally Irresistible Selling Of Lust