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Dear Mr. Buffett: How Does It Feel To Be Like A Rolling Stone?

Dear Mr. Buffett: How Does It Feel To Be Like A Rolling Stone?
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Why "Sell in May and Go Away" Is Advice You May Regret

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Full-time host of the Motley Fool Money radio show, MarketFoolery podcast, and other things. Part-time connoisseur of movies, basketball & fine bourbon.
Berkshire Hathaway s (NYSE:BRK.A) first-quarter results weren t nearly as interesting as the news that Greg Abel will be the next CEO.
Verizon (NYSE:VZ) sells AOL and Yahoo to
Apollo Global Management for 50% less than what they paid. In this episode of
MarketFoolery, host Chris Hill and analyst Jason Moser examine those stories and share a few thoughts on the old investing adage: Sell in May and go away.
To catch full episodes of all The Motley Fool s free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. ....

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Greg Abel new Berkshire Hathaway CEO when Warren Buffett leaves

In the past, Buffett has declined to name the next CEO except to say that one of Berkshire s managers would take the job, but Abel was seen as a likely candidate. Buffett has said he wants the next CEO to have a long tenure leading the conglomerate and Abel is currently 59.
Buffett has named two investment managers who already help manage the portfolio and said that his oldest son, Howard Buffett, who already serves on Berkshire s board, is likely to become the company s next chairman.
It s clear that Berkshire values the contributions of Abel and Jain because both men received $19 million in compensation last year. That s well above the $100,000 salary Buffett has received for more than 25 years. ....

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Market Talk – May 3, 2021 | Armstrong Economics

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ASIA:
A report published by group of analysts says that the “peak” of China’s economic growth has already passed or will soon do so and momentum will only “wane” further for the remainder of the year, after slowing domestic and overseas demand led to lower-than-expected sentiment in the manufacturing and non-manufacturing sectors in April. The official manufacturing PMI – a survey of sentiment among factory owners – fell to 51.1 in April from 51.9 in March, the National Bureau of Statistics (NBS) announced on Friday. The result was below expected. The official non-manufacturing PMI – which measures morale in the services and construction sectors – fell to 54.9 in April from 56.3 in March. The reading was also below expected. ....

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Warren Buffett says Greg Abel would become Berkshire CEO aft

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Warren Buffett says Greg Abel would become Berkshire CEO after he s gone -CNBC
Warren Buffett says Greg Abel would become Berkshire CEO after he s gone -CNBC
Reuters | May 03, 2021 04:07 PM EDT
Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, (Photo : REUTERS/Rick Wilking/File Photo)
Warren Buffett ended years of speculation about who would succeed him at Berkshire Hathaway Inc by saying Vice Chairman Greg Abel would take over as chief executive officer if he were to step down.
The directors are in agreement that if something were to happen to me tonight, it would be Greg who d take over tomorrow morning, Buffett said, according to a CNBC report on Monday. Buffett, 90, has never provided a timetable for his departure. ....

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