Today's ASX news
US stock market rebound continues, oil price back above US$100
The Federal Reserve-led rally this week has continued into Thursday, with all three US stock markets finishing higher once again.
March 18, 2022
Berkshire Hathaway Inc (BRK) is the holding company run by Warren Buffett and his investing partner Charlie Munger. It is one of the largest companies on the New York Stock Exchange. Given his personal stake in the company (he doesn’t own all of it), Buffett is one of the richest people on the planet.
The Federal Reserve-led rally this week has continued into Thursday, with all three US stock markets finishing higher once again.
All three US stock markets were stronger overnight with the Nasdaq gaining 3.7% as US-listed Chinese stocks rocketed higher.
What is Warren Buffett’s investment strategy? In this Warren Buffett inspired video, Rask’s founder and stock market analyst Owen Rask explains the Warren Buffett stock investing checklist.
It was a negative week for stock markets as the S&P/ASX 200 (INDEXASX:XJO) dropped 0.5%. Here are my three key ASX takeaways.
The S&P/ASX 200 (ASX: XJO) bucked the trend to gain 0.2% on Friday as Novonix (ASX:NVX) and CSL (AS:CSL) shares were in the news.
Washington H. Soul Pattinson (ASX: SOL) is almost a dividend aristocrat and has increased its dividend for 21 years – the longest consecutive streak of the ASX.
Magellan Financial Group’s Ltd (ASX: MFG) purchase of a 40% stake in Barrenjoey is derisking the company and adding new revenue streams.
If I was going to manage money for investors (i.e. be a fund manager) I’d probably only do it if I could invest in small-cap shares… and private companies.
The QBE Insurance Group Ltd (ASX: QBE) share price shot 8% higher today following the release of its 2021 half-year report.