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2021-05-05

Bitcoin is still speculation

抱歉，原内容已删除

2021-06-25

Look like these are for long term buy

抱歉，原内容已删除

2021-05-05

Politic controlling business?

抱歉，原内容已删除

2021-05-04

Bbb

Ethereum at $5,000? One financial advisor CEO says it could happen this week

2021-05-09

Is tech stock rally still have leg?

抱歉，原内容已删除

2021-05-07

$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$ taking Ng long position

2021-05-05

Free share

2021-05-05

Is this link the Ethereum?

2021-05-03

It a jinx

抱歉，原内容已删除

2021-05-11

I guess it depends on who does the polling

Most Americans say things are going right in the country, an AP/NORC poll finds

2021-05-10

Good to short?

2021-05-09

The company is slow in the ev scene

Here's Why We Think General Motors Is Well Worth Watching

2021-05-07

Good price to enter?

2021-05-07

Long or short?

2021-05-04

Multi feed supply and milk play

2021-05-03

Investment board, but will his foresight will be missed

Berkshire Hathaway after Buffett: Who will be CEO, what else will change — and what won’t

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11:30","market":"us","language":"en","title":"Ethereum at $5,000? One financial advisor CEO says it could happen this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1177826324","media":"Fortune","summary":"Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our ","content":"<p>Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism,subscribe today.</p>\n<p>Ethereum continued its record run Monday, once again hitting an all-time high of $3,204, but the CEO of one financial advisory firm says he believes the crypto will top $5,000 within the next week.</p>\n<p>Nigel Green, CEO and founder of deVere Group, saysEthereum’stime has come—and the digital currency is well positioned to increase its market share.</p>\n<p>“Ether is one of the main beneficiaries in the wider explosion in the cryptocurrency market,” he said. “The boom over recent months has been fueled by soaring interest from major institutional investors and growing recognition that borderless digital currencies are the future of money. This momentum is likely to build further in the near-term and I believe Ether will hit $5,000 within seven days.”</p>\n<p>Ethereum, the world’ssecond largest cryptocurrency, is up more than 321% year to date, compared to a 98% increase in the price of Bitcoin, but it hasn’t captured quite the same zeitgeist among investors.</p>\n<p>Green argues it’s a more scalable currency and has a superior blockchain technology.</p>\n<p>Ethereum has been on an upswing for several days after the European Investment Bank issued its first-ever digital bond sale on the Ethereum blockchain network. Bloomberg reported the sale will be led byGoldman Sachs, Banco Santander, andSociete Generale.</p>\n<p>The supply of Ethereum has also been dropping amid increased demand and businesses have been investing in startups that revolve around Ethereum, including such big names asMastercard, UBS, and JPMorgan. A $1,000investment in Ether in 2015 would be worthover $4.7 million today.</p>\n<p>“Ethereum is already years ahead of Bitcoin in everything but price and fame,” said Green.&nbsp;“There’s a real sense that 2021 is the year for Ether. Its time has come.”</p>","source":"lsy1618285953446","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ethereum at $5,000? One financial advisor CEO says it could happen this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEthereum at $5,000? One financial advisor CEO says it could happen this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://fortune.com/2021/05/03/ethereum-price-ether-5000-dollars-record-high-crypto/><strong>Fortune</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism,subscribe today.\nEthereum continued its record run Monday, once again hitting an all-time...</p>\n\n<a href=\"https://fortune.com/2021/05/03/ethereum-price-ether-5000-dollars-record-high-crypto/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETHE":"Grayscale Ethereum Trust"},"source_url":"https://fortune.com/2021/05/03/ethereum-price-ether-5000-dollars-record-high-crypto/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177826324","content_text":"Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism,subscribe today.\nEthereum continued its record run Monday, once again hitting an all-time high of $3,204, but the CEO of one financial advisory firm says he believes the crypto will top $5,000 within the next week.\nNigel Green, CEO and founder of deVere Group, saysEthereum’stime has come—and the digital currency is well positioned to increase its market share.\n“Ether is one of the main beneficiaries in the wider explosion in the cryptocurrency market,” he said. “The boom over recent months has been fueled by soaring interest from major institutional investors and growing recognition that borderless digital currencies are the future of money. This momentum is likely to build further in the near-term and I believe Ether will hit $5,000 within seven days.”\nEthereum, the world’ssecond largest cryptocurrency, is up more than 321% year to date, compared to a 98% increase in the price of Bitcoin, but it hasn’t captured quite the same zeitgeist among investors.\nGreen argues it’s a more scalable currency and has a superior blockchain technology.\nEthereum has been on an upswing for several days after the European Investment Bank issued its first-ever digital bond sale on the Ethereum blockchain network. Bloomberg reported the sale will be led byGoldman Sachs, Banco Santander, andSociete Generale.\nThe supply of Ethereum has also been dropping amid increased demand and businesses have been investing in startups that revolve around Ethereum, including such big names asMastercard, UBS, and JPMorgan. A $1,000investment in Ether in 2015 would be worthover $4.7 million today.\n“Ethereum is already years ahead of Bitcoin in everything but price and fame,” said Green. “There’s a real sense that 2021 is the year for Ether. Its time has come.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107781241,"gmtCreate":1620539153183,"gmtModify":1631889027461,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"Is tech stock rally still have leg?","listText":"Is tech stock rally still have leg?","text":"Is tech stock rally still have leg?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107781241","repostId":"1125041388","repostType":4,"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104135606,"gmtCreate":1620362084605,"gmtModify":1631888258041,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z59.SI\">$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$</a>&nbsp;taking Ng long position","listText":"<a href=\"https://laohu8.com/S/Z59.SI\">$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$</a>&nbsp;taking Ng long position","text":"$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$ taking Ng long position","images":[{"img":"https://static.tigerbbs.com/1fb63d0644e71db5650db0e4f7021e25","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104135606","isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":102154573,"gmtCreate":1620188036592,"gmtModify":1631889027467,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"Free share","listText":"Free share","text":"Free share","images":[{"img":"https://static.tigerbbs.com/9c9a6038f7e6c8f586fac6c543888a75","width":"1440","height":"2909"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/102154573","isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":102155643,"gmtCreate":1620187891682,"gmtModify":1631891878401,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"Is this link the Ethereum?","listText":"Is this link the Ethereum?","text":"Is this link the Ethereum?","images":[{"img":"https://static.tigerbbs.com/b29e4ef2065cbdb12af6922a744e54f8","width":"1440","height":"2429"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/102155643","isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":108282961,"gmtCreate":1620030813453,"gmtModify":1631891878438,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"It a jinx","listText":"It a jinx","text":"It a jinx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/108282961","repostId":"1126597411","repostType":4,"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199816233,"gmtCreate":1620694572222,"gmtModify":1631889027457,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"I guess it depends on who does the polling","listText":"I guess it depends on who does the polling","text":"I guess it depends on who does the polling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/199816233","repostId":"2134651598","repostType":4,"repost":{"id":"2134651598","pubTimestamp":1620690892,"share":"https://www.laohu8.com/m/news/2134651598?lang=&edition=full","pubTime":"2021-05-11 07:54","market":"other","language":"en","title":"Most Americans say things are going right in the country, an AP/NORC poll finds","url":"https://stock-news.laohu8.com/highlight/detail?id=2134651598","media":"The Straits Times","summary":"NEW YORK (NYTIMES) - US President Joe Biden enjoys widespread job approval, as Americans' optimism a","content":"<div>\n<p>NEW YORK (NYTIMES) - US President Joe Biden enjoys widespread job approval, as Americans' optimism about the future continues to climb, according to a poll released Monday (May 10) by The Associated ...</p>\n\n<a href=\"http://www.straitstimes.com/world/united-states/most-americans-say-things-are-going-right-in-the-country-an-apnorc-poll-finds\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Most Americans say things are going right in the country, an AP/NORC poll finds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMost Americans say things are going right in the country, an AP/NORC poll finds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 07:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/world/united-states/most-americans-say-things-are-going-right-in-the-country-an-apnorc-poll-finds><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (NYTIMES) - US President Joe Biden enjoys widespread job approval, as Americans' optimism about the future continues to climb, according to a poll released Monday (May 10) by The Associated ...</p>\n\n<a href=\"http://www.straitstimes.com/world/united-states/most-americans-say-things-are-going-right-in-the-country-an-apnorc-poll-finds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/world/united-states/most-americans-say-things-are-going-right-in-the-country-an-apnorc-poll-finds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2134651598","content_text":"NEW YORK (NYTIMES) - US President Joe Biden enjoys widespread job approval, as Americans' optimism about the future continues to climb, according to a poll released Monday (May 10) by The Associated Press and NORC.\nSixty-three per cent of Americans said they approved of the work Mr Biden was doing as president, while just 36 per cent disapproved. That spread of 27 percentage points represents the widest approval margin in an AP/NORC poll since Mr Biden took office.\nThe president continued to receive broadly positive marks for his handling of the coronavirus pandemic, with 7 in 10 respondents expressing approval. His approach to health care policy got a thumbs-up from 62 per cent of Americans, and 54 per cent approved of his work on foreign policy.\nFifty-seven per cent of Americans said they approved of the job he was doing on the economy, while just 42 per cent disapproved - although the poll was conducted from April 29 to May 3, before the administration released a disappointing April jobs report showing that the country was missing its targets on employment.\nWith migrants continuing to arrive at the southern border in high numbers, the poll found that just 43 per cent of Americans approved of Mr Biden's handling of immigration. Fifty-four per cent disapproved.\nBut for the first time in AP/NORC polling going back four years, a majority of Americans said that the country was headed in the right direction - possibly driven in part by the decline in coronavirus cases nationwide.\nFifty-four per cent of respondents said things were going right in the country, while 44 per cent said things were on the wrong track. That shift is being fed by a rise in optimism among political independents: Nearly half of them said that things were moving in the right direction, according to the poll.\nSince January, the AP/NORC poll has consistently found at least 6 in 10 Americans approving of the president's job performance, putting it on the more Biden-friendly end of the polling spectrum. (NORC polls are conducted using its probability-based AmeriSpeak Panel, with most respondents completing the survey online and a small number contacted by phone.)\nBut polling averages consistently show Mr Biden's approval rating over 50 per cent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190148635,"gmtCreate":1620608052927,"gmtModify":1631889027460,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"Good to short?","listText":"Good to short?","text":"Good to short?","images":[{"img":"https://static.tigerbbs.com/c2235e0e75bd2b811d4de9daf1b2ed96","width":"1440","height":"2737"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190148635","isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":107788553,"gmtCreate":1620539256272,"gmtModify":1631889027461,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"The company is slow in the ev scene","listText":"The company is slow in the ev scene","text":"The company is slow in the ev scene","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107788553","repostId":"2133688169","repostType":4,"repost":{"id":"2133688169","pubTimestamp":1620399721,"share":"https://www.laohu8.com/m/news/2133688169?lang=&edition=full","pubTime":"2021-05-07 23:02","market":"us","language":"en","title":"Here's Why We Think General Motors Is Well Worth Watching","url":"https://stock-news.laohu8.com/highlight/detail?id=2133688169","media":"Simply Wall St.","summary":"It's only natural that many investors, especially those who are new to the game, prefer to buy share","content":"<p>It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks with a good story, even if those businesses lose money. And in their study titled <i>Who Falls Prey to the Wolf of Wall Street?'</i> Leuz et. al. found that it is 'quite common' for investors to lose money by buying into 'pump and dump' schemes.</p><p>In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like <b>General Motors</b> (NYSE:GM). While profit is not necessarily a social good, it's easy to admire a business that can consistently produce it. Loss-making companies are always racing against time to reach financial sustainability, but time is often a friend of the profitable company, especially if it is growing.</p><p>View our latest analysis for General Motors</p><h3>General Motors's Earnings Per Share Are Growing.</h3><p>The market is a voting machine in the short term, but a weighing machine in the long term, so share price follows earnings per share (EPS) eventually. That means EPS growth is considered a real positive by most successful long-term investors. As a tree reaches steadily for the sky, General Motors's EPS has grown 31% each year, compound, over three years. If the company can sustain that sort of growth, we'd expect shareholders to come away winners.</p><p>Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. I note that General Motors's revenue <i>from operations</i> was lower than its revenue in the last twelve months, so that could distort my analysis of its margins. General Motors's EBIT margins have actually improved by 3.7 percentage points in the last year, to reach 8.9%, but, on the flip side, revenue was down 9.5%. That's not ideal.</p><p>You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers.</p><p><img src=\"https://static.tigerbbs.com/2f3531ee5b167e8ef9aa142801c39a05\" tg-width=\"821\" tg-height=\"560\" referrerpolicy=\"no-referrer\">NYSE:GM Earnings and Revenue History May 7th 2021</p><p>You don't drive with your eyes on the rear-view mirror, so you might be more interested in this <b>free</b> report showing analyst forecasts for General Motors's <b>future</b> profits.</p><h3>Are General Motors Insiders Aligned With All Shareholders?</h3><p>Like standing at the lookout, surveying the horizon at sunrise, insider buying, for some investors, sparks joy. This view is based on the possibility that stock purchases signal bullishness on behalf of the buyer. However, insiders are sometimes wrong, and we don't know the exact thinking behind their acquisitions.</p><p>It's good to see General Motors insiders walking the walk, by spending US$536k on shares in just twelve months. When you contrast that with the complete lack of sales, it's easy for shareholders to brim with joyful expectancy. It is also worth noting that it was Independent Director Patricia Russo who made the biggest single purchase, worth US$294k, paying US$23.18 per share.</p><p>On top of the insider buying, it's good to see that General Motors insiders have a valuable investment in the business. Notably, they have an enormous stake in the company, worth US$126m. This suggests to me that leadership will be very mindful of shareholders' interests when making decisions!</p><h3>Is General Motors Worth Keeping An Eye On?</h3><p>You can't deny that General Motors has grown its earnings per share at a very impressive rate. That's attractive. On top of that, insiders own a significant stake in the company and have been buying more shares. So it's fair to say I think this stock may well deserve a spot on your watchlist. We don't want to rain on the parade too much, but we did also find <b>1 warning sign for General Motors</b> that you need to be mindful of.</p><p>There are plenty of other companies that have insiders buying up shares. So if you like the sound of General Motors, you'll probably love this <b>free</b> list of growing companies that insiders are buying.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why We Think General Motors Is Well Worth Watching</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why We Think General Motors Is Well Worth Watching\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/heres-why-think-general-motors-092301076.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks with a good story, even if those businesses lose money. And in their study titled...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-why-think-general-motors-092301076.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车","BGC":"BGC GROUP"},"source_url":"https://finance.yahoo.com/news/heres-why-think-general-motors-092301076.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2133688169","content_text":"It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks with a good story, even if those businesses lose money. And in their study titled Who Falls Prey to the Wolf of Wall Street?' Leuz et. al. found that it is 'quite common' for investors to lose money by buying into 'pump and dump' schemes.In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like General Motors (NYSE:GM). While profit is not necessarily a social good, it's easy to admire a business that can consistently produce it. Loss-making companies are always racing against time to reach financial sustainability, but time is often a friend of the profitable company, especially if it is growing.View our latest analysis for General MotorsGeneral Motors's Earnings Per Share Are Growing.The market is a voting machine in the short term, but a weighing machine in the long term, so share price follows earnings per share (EPS) eventually. That means EPS growth is considered a real positive by most successful long-term investors. As a tree reaches steadily for the sky, General Motors's EPS has grown 31% each year, compound, over three years. If the company can sustain that sort of growth, we'd expect shareholders to come away winners.Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. I note that General Motors's revenue from operations was lower than its revenue in the last twelve months, so that could distort my analysis of its margins. General Motors's EBIT margins have actually improved by 3.7 percentage points in the last year, to reach 8.9%, but, on the flip side, revenue was down 9.5%. That's not ideal.You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers.NYSE:GM Earnings and Revenue History May 7th 2021You don't drive with your eyes on the rear-view mirror, so you might be more interested in this free report showing analyst forecasts for General Motors's future profits.Are General Motors Insiders Aligned With All Shareholders?Like standing at the lookout, surveying the horizon at sunrise, insider buying, for some investors, sparks joy. This view is based on the possibility that stock purchases signal bullishness on behalf of the buyer. However, insiders are sometimes wrong, and we don't know the exact thinking behind their acquisitions.It's good to see General Motors insiders walking the walk, by spending US$536k on shares in just twelve months. When you contrast that with the complete lack of sales, it's easy for shareholders to brim with joyful expectancy. It is also worth noting that it was Independent Director Patricia Russo who made the biggest single purchase, worth US$294k, paying US$23.18 per share.On top of the insider buying, it's good to see that General Motors insiders have a valuable investment in the business. Notably, they have an enormous stake in the company, worth US$126m. This suggests to me that leadership will be very mindful of shareholders' interests when making decisions!Is General Motors Worth Keeping An Eye On?You can't deny that General Motors has grown its earnings per share at a very impressive rate. That's attractive. On top of that, insiders own a significant stake in the company and have been buying more shares. So it's fair to say I think this stock may well deserve a spot on your watchlist. We don't want to rain on the parade too much, but we did also find 1 warning sign for General Motors that you need to be mindful of.There are plenty of other companies that have insiders buying up shares. So if you like the sound of General Motors, you'll probably love this free list of growing companies that insiders are buying.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104135064,"gmtCreate":1620362023358,"gmtModify":1631889027459,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"Good price to enter?","listText":"Good price to enter?","text":"Good price to enter?","images":[{"img":"https://static.tigerbbs.com/f5c7a590a7cac0ac971c8a25b87c3d6a","width":"1440","height":"2783"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104135064","isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":104998540,"gmtCreate":1620348544780,"gmtModify":1631889027460,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"Long or short?","listText":"Long or short?","text":"Long or short?","images":[{"img":"https://static.tigerbbs.com/e4e455f629067a1ee69a4e5c05e43826","width":"1440","height":"2783"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104998540","isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":106600440,"gmtCreate":1620106375380,"gmtModify":1631891878427,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"Multi feed supply and milk play","listText":"Multi feed supply and milk play","text":"Multi feed supply and milk play","images":[{"img":"https://static.tigerbbs.com/df25c35d6beedbd056c0c76eec0130be","width":"1440","height":"2783"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106600440","isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":108232878,"gmtCreate":1620028977494,"gmtModify":1631891878450,"author":{"id":"3556309835635576","authorId":"3556309835635576","authorIdStr":"3556309835635576","name":"georgesim98","avatar":"https://static.tigerbbs.com/c7b278e12e62d7feef203830a6cd8044","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556309835635576"},"themes":[],"htmlText":"Investment board, but will his foresight will be missed","listText":"Investment board, but will his foresight will be missed","text":"Investment board, but will his foresight will be missed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/108232878","repostId":"1146673898","repostType":4,"repost":{"id":"1146673898","pubTimestamp":1620025053,"share":"https://www.laohu8.com/m/news/1146673898?lang=&edition=full","pubTime":"2021-05-03 14:57","market":"us","language":"en","title":"Berkshire Hathaway after Buffett: Who will be CEO, what else will change — and what won’t","url":"https://stock-news.laohu8.com/highlight/detail?id=1146673898","media":"MarketWatch","summary":"The next CEO will need a plan to return cash to shareholders\nWarren Buffett turns 91 on Aug. 30. AGE","content":"<p>The next CEO will need a plan to return cash to shareholders</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/13b7d09ee34a433714aa0cbb069a5aa8\" tg-width=\"1260\" tg-height=\"830\"><span>Warren Buffett turns 91 on Aug. 30. AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p>\n<p>The passage of time guarantees that Berkshire Hathaway will one day be without the man synonymous with creating one of the world’s most valuable and admired businesses.</p>\n<p>While ground-level management of Berkshire Hathaway’s.Bdecentralized individual business units will continue unchanged, filling Warren Buffett’s shoes will require some changes.</p>\n<p>The most important role to fill will be CEO, one of three jobs now held by Buffett (he is also chairman and chief investment officer). While the actual name remains a secret, the background and skillset of Greg Abel suggests the board will choose him.</p>\n<p>The primary reason is Abel’s extensive experience with capital allocation. During his time running Berkshire Hathaway Energy, and later as vice chairman overseeing non-insurance operations, Abel oversaw many acquisitions. He is also much more comfortable in the spotlight and about 10 years younger than Ajit Jain, the vice chairman in charge of insurance operations, which would give him a longer run at the helm. Jain, by contrast, is a brilliant handicapper more comfortable evaluating insurance risks (though he is also one of the best executives in the world, having overseen acquisitions of his own).</p>\n<p>The role of chairman will likely fall to Buffett’s son, Howard, whose primary duty will be to ensure Berkshire’s culture remains intact. Responsibility for managing Berkshire’s investment portfolio should fall to Todd Combs and Ted Weschler, who joined Berkshire in 2010 and 2011, respectively.</p>\n<p>Integral to the C-suite changes is the important question regarding Berkshire’s future capital allocation.</p>\n<p>Berkshire’s earning power all but guarantees it will have enough cash to invest in worthwhile projects at the subsidiary level and ample cash to make opportunistic acquisitions. That means cash will need to be returned to shareholders.</p>\n<p>Here Berkshire has two main options and a blended third.</p>\n<p>The quickest way to return capital to shareholders is via dividends. But dividends are tax-inefficient and impose a single standard on all shareholders, two reasons why Buffett has resisted paying one in the past. A better way is through share repurchases which, assuming they are made at prices below intrinsic value, instantly increase per-share value for remaining shareholders. However, share repurchases are price-dependent.</p>\n<p>This leaves a blended option as the most logical course of action. Berkshire could set a regular dividend equal to, say, 25% of normalized operating earnings. Then if share repurchases aren’t available or an acquisition doesn’t materialize, infrequent special dividends could be declared.</p>\n<p>A dividend during Buffett’s remaining tenure is unlikely if share repurchases remain an option. But the day will come, perhaps soon, when Berkshire simply cannot allocate all the capital it generates and will need to pay a dividend. Longtime shareholders will recognize the need for such a change in policy, and others will rejoice at the prospect of Berkshire as a dividend-paying stock.</p>\n<p>What the company’s new leaders are unlikely to do is break up Berkshire Hathaway. More so than other conglomerates, this firm is truly more than the sum of its parts. The conglomerate gains in tax efficiency, diversification, and capital allocation. Dismantling Berkshire to “unlock” value via higher price-earnings multiples would destroy these advantages and incur unnecessary taxes. Most important, it would tarnish the reputation Berkshire has carefully nurtured as a permanent home for generational family businesses.</p>\n<p>Buffett put it succinctly in his&nbsp;2018 Chairman’s letter, published in 2019: “Truly good businesses are exceptionally hard to find. Selling any you are lucky enough to own makes no sense at all.”</p>\n<p>Yet the next generation of Berkshire’s leaders are likely to hear loud calls from Wall Street (and perhaps some shareholders) to break up Buffett’s life’s work. The crux of the argument over breaking up Berkshire comes down to what constitutes value.</p>\n<p>Berkshire was built on the notion that value – the sum of all future cash flows discounted to the present – is independent of the stock market’s appraisal of that value. The underlying cash flows of Berkshire’s many subsidiaries would not change upon being separated into pieces (in fact they could be lower considering duplicated costs), which means that their value would not increase after a breakup. The subsidiaries already take advantage of opportunities for organic investment and bolt-on acquisitions that come their way, and Berkshire has taken care of the reinvestment problem by allowing excess cash to be sent to headquarters.</p>\n<p>Instead, Berkshire’s future value creation will likely come by minimizing the downside (maintaining insurance underwriting discipline and resisting mediocre capital allocation moves) to allow infrequent but meaningful advantages to accrue and accumulate to the benefit of ongoing shareholders.</p>\n<p>Value can be created by time arbitrage (a long-term business owner in an often short-term-thinking market), being a permanent home for family businesses (private-market discounts), by acting as an alternative source of financing when credit markets dry up (as Buffett did in the financial crisis when he invested $14.5 billion over the course of three days in Goldman Sachs, Wrigley, and General Electric), and through opportunistic share repurchases.</p>\n<p>Of course, the ultimate fate of Berkshire Hathaway rests with its shareholders. Berkshire will undoubtedly not look the same in 25, 50 or 100 years, but it should thrive without Warren Buffett because of the unique corporate culture that he and Charlie Munger so painstakingly nurtured for the last half-century.</p>\n<p>That is perhaps the highest praise one can give a man who took a blank canvas and turned it into one of the finest and most highly valued pieces of artwork the business world has ever seen.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway after Buffett: Who will be CEO, what else will change — and what won’t</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway after Buffett: Who will be CEO, what else will change — and what won’t\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-03 14:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/berkshire-hathaway-after-buffett-who-will-be-ceo-what-else-will-change-and-what-wont-11619179467?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The next CEO will need a plan to return cash to shareholders\nWarren Buffett turns 91 on Aug. 30. AGENCE FRANCE-PRESSE/GETTY IMAGES\nThe passage of time guarantees that Berkshire Hathaway will one day ...</p>\n\n<a href=\"https://www.marketwatch.com/story/berkshire-hathaway-after-buffett-who-will-be-ceo-what-else-will-change-and-what-wont-11619179467?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.marketwatch.com/story/berkshire-hathaway-after-buffett-who-will-be-ceo-what-else-will-change-and-what-wont-11619179467?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146673898","content_text":"The next CEO will need a plan to return cash to shareholders\nWarren Buffett turns 91 on Aug. 30. AGENCE FRANCE-PRESSE/GETTY IMAGES\nThe passage of time guarantees that Berkshire Hathaway will one day be without the man synonymous with creating one of the world’s most valuable and admired businesses.\nWhile ground-level management of Berkshire Hathaway’s.Bdecentralized individual business units will continue unchanged, filling Warren Buffett’s shoes will require some changes.\nThe most important role to fill will be CEO, one of three jobs now held by Buffett (he is also chairman and chief investment officer). While the actual name remains a secret, the background and skillset of Greg Abel suggests the board will choose him.\nThe primary reason is Abel’s extensive experience with capital allocation. During his time running Berkshire Hathaway Energy, and later as vice chairman overseeing non-insurance operations, Abel oversaw many acquisitions. He is also much more comfortable in the spotlight and about 10 years younger than Ajit Jain, the vice chairman in charge of insurance operations, which would give him a longer run at the helm. Jain, by contrast, is a brilliant handicapper more comfortable evaluating insurance risks (though he is also one of the best executives in the world, having overseen acquisitions of his own).\nThe role of chairman will likely fall to Buffett’s son, Howard, whose primary duty will be to ensure Berkshire’s culture remains intact. Responsibility for managing Berkshire’s investment portfolio should fall to Todd Combs and Ted Weschler, who joined Berkshire in 2010 and 2011, respectively.\nIntegral to the C-suite changes is the important question regarding Berkshire’s future capital allocation.\nBerkshire’s earning power all but guarantees it will have enough cash to invest in worthwhile projects at the subsidiary level and ample cash to make opportunistic acquisitions. That means cash will need to be returned to shareholders.\nHere Berkshire has two main options and a blended third.\nThe quickest way to return capital to shareholders is via dividends. But dividends are tax-inefficient and impose a single standard on all shareholders, two reasons why Buffett has resisted paying one in the past. A better way is through share repurchases which, assuming they are made at prices below intrinsic value, instantly increase per-share value for remaining shareholders. However, share repurchases are price-dependent.\nThis leaves a blended option as the most logical course of action. Berkshire could set a regular dividend equal to, say, 25% of normalized operating earnings. Then if share repurchases aren’t available or an acquisition doesn’t materialize, infrequent special dividends could be declared.\nA dividend during Buffett’s remaining tenure is unlikely if share repurchases remain an option. But the day will come, perhaps soon, when Berkshire simply cannot allocate all the capital it generates and will need to pay a dividend. Longtime shareholders will recognize the need for such a change in policy, and others will rejoice at the prospect of Berkshire as a dividend-paying stock.\nWhat the company’s new leaders are unlikely to do is break up Berkshire Hathaway. More so than other conglomerates, this firm is truly more than the sum of its parts. The conglomerate gains in tax efficiency, diversification, and capital allocation. Dismantling Berkshire to “unlock” value via higher price-earnings multiples would destroy these advantages and incur unnecessary taxes. Most important, it would tarnish the reputation Berkshire has carefully nurtured as a permanent home for generational family businesses.\nBuffett put it succinctly in his 2018 Chairman’s letter, published in 2019: “Truly good businesses are exceptionally hard to find. Selling any you are lucky enough to own makes no sense at all.”\nYet the next generation of Berkshire’s leaders are likely to hear loud calls from Wall Street (and perhaps some shareholders) to break up Buffett’s life’s work. The crux of the argument over breaking up Berkshire comes down to what constitutes value.\nBerkshire was built on the notion that value – the sum of all future cash flows discounted to the present – is independent of the stock market’s appraisal of that value. The underlying cash flows of Berkshire’s many subsidiaries would not change upon being separated into pieces (in fact they could be lower considering duplicated costs), which means that their value would not increase after a breakup. The subsidiaries already take advantage of opportunities for organic investment and bolt-on acquisitions that come their way, and Berkshire has taken care of the reinvestment problem by allowing excess cash to be sent to headquarters.\nInstead, Berkshire’s future value creation will likely come by minimizing the downside (maintaining insurance underwriting discipline and resisting mediocre capital allocation moves) to allow infrequent but meaningful advantages to accrue and accumulate to the benefit of ongoing shareholders.\nValue can be created by time arbitrage (a long-term business owner in an often short-term-thinking market), being a permanent home for family businesses (private-market discounts), by acting as an alternative source of financing when credit markets dry up (as Buffett did in the financial crisis when he invested $14.5 billion over the course of three days in Goldman Sachs, Wrigley, and General Electric), and through opportunistic share repurchases.\nOf course, the ultimate fate of Berkshire Hathaway rests with its shareholders. Berkshire will undoubtedly not look the same in 25, 50 or 100 years, but it should thrive without Warren Buffett because of the unique corporate culture that he and Charlie Munger so painstakingly nurtured for the last half-century.\nThat is perhaps the highest praise one can give a man who took a blank canvas and turned it into one of the finest and most highly valued pieces of artwork the business world has ever seen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}