Ivan_yew85 personal page - To The Moon

Ivan_yew85

Ivan_yew85

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01-28

$NVIDIA(NVDA)$ Using less GPU doesn't mean you don't need the chips. Don't FMO.

2023-01-10

To the moon

Alibaba Signs Strategic Cooperation Agreement With China's Hangzhou

2021-08-14

Agreee

Sorry, the original content has been removed

2021-08-06

$Virgin Galactic(SPCE)$Let’s aim for 40

2021-08-02

$Tesla Motors(TSLA)$What is the peak?

2021-07-26

$Alibaba(BABA)$Buy the dips. Go heavy.

2021-07-26

Too the moon ?

Sorry, the original content has been removed

2021-06-19

$NIO Inc.(NIO)$up up ⬆️

2021-05-15

$Taiwan Semiconductor Manufacturing(TSM)$buy in dips

2021-05-12

Great ariticle, would you like to share it?

@Una是个小韭皇:今天公佈一則偶空間站內的警示貼[呆住] 大概率又將命中…[DOGE] 另外，我就想看看那些某某某某幣，最終會埋多少人[打臉] $比特幣基金(GBTC)$$蔚來(NIO)$$理想汽車(LI)$$特斯拉(TSLA)$$小鵬汽車(XPEV)$

2021-05-07

Hmmm

Yale's chief investment manager David Swensen dies at 67

2021-04-29

$Apple(AAPL)$the only gain I have now

2021-04-29

What happen to the market today???

2021-04-23

Good sharing

Sorry, the original content has been removed

2021-04-21

$Apple(AAPL)$interesting

@小虎AV:蘋果春季發佈會，推出了全新款的彩色iMac、搭載M1芯片的 iPad Pro、AirTag藍牙防丟器等產品，更令人驚喜的是iPhone12紫色。不過，你最中意哪款新品呢？快點開視頻看看吧～[吃瓜]$蘋果(AAPL)$

2021-04-16

Great sharing

84% Of Warren Buffett's Portfolio In 2021 Is In These 3 Categories

2021-04-15

Haha❤️

AMD rose about 4% in morning trading

Go to Tiger App to see more news

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though he did not name any companies.</p></body></html>","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>Alibaba Signs Strategic Cooperation Agreement With China's Hangzhou</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; 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}\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\">\nAlibaba Signs Strategic Cooperation Agreement With China's Hangzhou\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-10 17:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK) has signed a cooperation agreement with the government of Hangzhou, the city where the company is headquartered, local media reported on Tuesday.</p><p>China&#39;s internet giants have been in the crosshairs of Chinese regulators for the past two years, but authorities have in recent months given increasing signs that relations between the government and China&#39;s tech sector will thaw, which would bode well for the sector&#39;s prospects.</p><p>The government-backed Zhejiang Daily reported that at the signing event, local authorities formulated specific measures to help develop the online platform economy.</p><p>The signing comes just two days after Ant Group Co Ltd (688688.SS), the finance company long affiliated with Alibaba, announced Jack Ma had ceded control of the company.</p><p>The announcemnt caused shares of Alibaba and other Ant Group affiliated companies to soar, as investors interpreted the move as possible cap to a years-long regulatory crackdown on the Chinese tech industry.</p><p>On Monday, Guo Shuqing, Communist party chief of the People&#39;s Bank of China, was quoted by state broadcaster CCTV as saying that rectification of the financial business of 14 online platform companies has been &#34;basically completed,&#34; though he did not name any companies.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302522550","content_text":"(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK) has signed a cooperation agreement with the government of Hangzhou, the city where the company is headquartered, local media reported on Tuesday.China's internet giants have been in the crosshairs of Chinese regulators for the past two years, but authorities have in recent months given increasing signs that relations between the government and China's tech sector will thaw, which would bode well for the sector's prospects.The government-backed Zhejiang Daily reported that at the signing event, local authorities formulated specific measures to help develop the online platform economy.The signing comes just two days after Ant Group Co Ltd (688688.SS), the finance company long affiliated with Alibaba, announced Jack Ma had ceded control of the company.The announcemnt caused shares of Alibaba and other Ant Group affiliated companies to soar, as investors interpreted the move as possible cap to a years-long regulatory crackdown on the Chinese tech industry.On Monday, Guo Shuqing, Communist party chief of the People's Bank of China, was quoted by state broadcaster CCTV as saying that rectification of the financial business of 14 online platform companies has been \"basically completed,\" though he did not name any companies.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897975646,"gmtCreate":1628872087185,"gmtModify":1676529883058,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577281524498438","authorIdStr":"3577281524498438"},"themes":[],"htmlText":"Agreee","listText":"Agreee","text":"Agreee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/897975646","repostId":"1100082773","repostType":4,"isVote":1,"tweetType":1,"viewCount":1240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893619651,"gmtCreate":1628259068573,"gmtModify":1703504149530,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577281524498438","authorIdStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SPCE\">$Virgin Galactic(SPCE)$</a>Let’s aim for 40","listText":"<a href=\"https://laohu8.com/S/SPCE\">$Virgin Galactic(SPCE)$</a>Let’s aim for 40","text":"$Virgin Galactic(SPCE)$Let’s aim for 40","images":[{"img":"https://static.tigerbbs.com/735b5a78e95205d6fd3ee240e3632853","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893619651","isVote":1,"tweetType":1,"viewCount":1669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":804037653,"gmtCreate":1627911722672,"gmtModify":1703497718379,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577281524498438","authorIdStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>What is the peak?&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>What is the peak?&nbsp;","text":"$Tesla Motors(TSLA)$What is the peak?","images":[{"img":"https://static.tigerbbs.com/7b0188a353fb5547fafac32e68fc48ec","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804037653","isVote":1,"tweetType":1,"viewCount":1451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":800276262,"gmtCreate":1627307107156,"gmtModify":1703487252641,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577281524498438","authorIdStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Buy the dips. 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At the time, endowments were typically conservatively managed, but Swensen overhauled the model dramatically, taking advantage of their long-term focus to invest heavily in the nascent private equity and hedge fund industries.</p><p>His approach was so successful it revolutionised how endowments and many other institutional investors allocate their money, and the “Yale model” spread and helped change the wider investment industry.</p><p>“With his guidance, Yale’s endowment yielded returns that established him as a legend among institutional investors,” Peter Salovey, Yale’s president, said in a statement. “A natural teacher, he prepared a generation of institutional investors who have gone on to lead investment offices at other colleges and universities, further extending the scope of David’s influence.”</p><p>The Yale Investments Office managed $31.2bn as of June 2020, and says it has averaged annual returns of 12. 4 per cent a year over the past three decades. In the 2021 fiscal year its contributions accounted for over a third of the university’s overall revenues.</p><p>Almost a quarter of the endowment is invested in venture capital, and combined with private equity, hedge funds and real estate, so-called “alternative” investments account for nearly three quarters of its assets.</p><p><b>Early life and education</b></p><p>David F. Swensen was born inRiver Falls, Wisconsin. His father, Richard Swensen, was a chemistry professor and dean at the University of Wisconsin-River Falls. His mother, Grace, after raising six children, became a Lutheran minister. After graduating from River Falls High School in 1971 Swensen elected to stay in his hometown of River Falls and receive hisB.A.andB.S.in 1975 from theUniversity of Wisconsin-River Fallswhere his father Richard Swensen was a professor. Swensen pursued a PhD ineconomicsat Yale, where he wrote hisdissertation,<i>A Model for the Valuation ofCorporate Bonds.</i>One of Swensen's dissertation advisers at Yale wasJames Tobin, a top economic adviser toJohn F. Kennedyadministration and a future Nobel Prize laureate in economics. According to Charles Ellis, founder of Greenwich Associates and former chair of Yale's investment committee, \"When it snowed, David went to Jim's house to shovel the sidewalk\". James Tobin's Nobel Prize, among other things, was for his contribution in creation of Modern Portfolio Theory. Swensen was fascinated by the idea of Modern Portfolio Theory. During his 2018 reunion speech Swensen said: \"For a given level of return, if you diversify you can get that return at lower risk. For a given level of risk, if you diversify you can get a higher return. That's pretty cool! Free lunch!\"</p><p><b>Investment career</b></p><p>Swensen began his investment career in the early 1980s, and has since advised theCarnegie Corporation, theNew York Stock Exchange, theHoward Hughes Medical Institute, theCourtauld Institute of Art, theYale-New Haven Hospital, The Investment Fund for Foundations (TIFF), theEdna McConnell Clark Foundation, and the States of&nbsp;Connecticut&nbsp;and&nbsp;Massachusetts.</p><p><b>Salomon Brothers</b></p><p>Following his academic interest in valuation of corporate bonds, Swensen joined Salomon Brothers in 1980. This career move was suggested by a Salomon Brothers investment banker and Yale alumni, Gene Dattel, who was deeply impressed by Swensen. In 1981 Swensen worked to structure the world's first swap agreement, a deal betweenIBMand theWorld Bankwhich allowed to hedge their exposure to Swiss francs and German marks.</p><p><b>Lehman Brothers</b></p><p>Prior to joining Yale in 1985, Swensen spent six years onWall Streetas senior vice president atLehman Brothers,&nbsp;specializing in the firm'sswapactivities, and as an associate incorporate financeforSalomon Brothers(here he worked for three years prior to joining Lehman Brothers), where his work focused on developing new financial technologies. Swensen engineered the first swap transaction according to<i>When Genius Failed: The Rise and Fall of Long-Term Capital Management</i>byRoger Lowenstein.</p><p><b>Yale University endowment</b></p><p>Swensen was tapped to serve as the Yale endowment manager at age 31 in 1985.&nbsp;This position was offered by Swensen's other dissertation adviser, Yale's provost,William Brainard. Swensen's candidacy was suggested by James Tobin, who, despite his former student's young age, believed he could be the right person. Swensen was hesitant about taking the job at first, since he did not know much about portfolio management aside from his studies in graduate school. Nevertheless, Brainard convinced him to take the position and Swensen started on April 1, 1985 by taking 80% pay cut.&nbsp;A year later, in 1986, he was joined by Yale College and School of Management graduate Dean Takahashi, who soon became Swensen's trusted deputy. In 1985, when Swensen started managing the endowment, it was worth $1 billion; in 2019 it was worth $29.4 billion.</p><p>As of 2005, the fund has managed annualized returns of 16.1%. He has been called \"Yale's 8 billion dollar man\" for his attainment of nearly $8 billion for the college endowment from 1985 to 2005.&nbsp;According to former Yale President, economistRichard Levin, Swensen's \"contribution\" to Yale is greater than the sum of all the donations made in more than two decades. \"We've just done better,\" Levin says, because of Swensen's \"uncanny ability\" to pick the best outside money managers. Swensen's former staff members, who later became managers of other endowment funds - includingMIT,StanfordandPrinceton- also showed impressive results in multiplying fund wealth.</p><p>In September 2014, Swensen began to move the Yale endowment away from investment in companies that have a large greenhouse footprint, expressing Yale's preferences in a letter to the endowment's money managers. The letter asked them to consider the effect of their investments on climate change, and to refrain from investing in companies that do not make reasonable efforts to reduce carbon emissions. This method was characterized by Swensen as a more subtle and flexible approach, as opposed to outright divestment.</p><p>Swensen made headlines on March 5, 2018 for arguing with the undergraduate editor-in-chief of the<i>Yale Daily News</i>. Swensen called the editor-in-chief a \"coward\" for deleting an inaccurate sentence and removing a footnote in an op-ed that he submitted to the paper; his column, which he required to be published unedited, responded to a student teach-in that criticized companies allegedly in the Yale portfolio.</p><p><b>Unconventional success</b></p><p>In 2005, Swensen wrote a book called<i>Unconventional Success,</i>which is an investment guide for the individual investor. The general strategy that he presents can be boiled down to the following three main points of advice:</p><ul><li>The investor should construct a portfolio with money allocated to 6 core asset classes, diversifying among them and biasing toward the equity sections.</li><li>The investor should rebalance the portfolio on a regular basis (rebalancingback to the original weightings of the asset classes in the portfolio).</li><li>In the absence of confidence in a market-beating strategy, invest in low-costindex fundsandexchange-traded funds. The investor should be very watchful of costs as some indices are poorly constructed and some fund companies charge excessive fees (or generate large tax liabilities).</li></ul><p>He slams manymutual fundcompanies for charging excessive fees and not living up to their fiduciary responsibility. He highlights the conflict of interest inherent in the mutual funds, claiming they want high fee, high turnover funds while investors want the opposite.</p>","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>Yale's chief investment manager David Swensen dies at 67</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\">\nYale's chief investment manager David Swensen dies at 67\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 22:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>David Swensen, the head of Yale University’s endowment who helped reshape how institutions manage their money, has died from cancer aged 67.</p><p>After stints at Salomon Brothers and Lehman Brothers, Swensen returned to his alma mater in 1985 to lead its investment office. At the time, endowments were typically conservatively managed, but Swensen overhauled the model dramatically, taking advantage of their long-term focus to invest heavily in the nascent private equity and hedge fund industries.</p><p>His approach was so successful it revolutionised how endowments and many other institutional investors allocate their money, and the “Yale model” spread and helped change the wider investment industry.</p><p>“With his guidance, Yale’s endowment yielded returns that established him as a legend among institutional investors,” Peter Salovey, Yale’s president, said in a statement. “A natural teacher, he prepared a generation of institutional investors who have gone on to lead investment offices at other colleges and universities, further extending the scope of David’s influence.”</p><p>The Yale Investments Office managed $31.2bn as of June 2020, and says it has averaged annual returns of 12. 4 per cent a year over the past three decades. In the 2021 fiscal year its contributions accounted for over a third of the university’s overall revenues.</p><p>Almost a quarter of the endowment is invested in venture capital, and combined with private equity, hedge funds and real estate, so-called “alternative” investments account for nearly three quarters of its assets.</p><p><b>Early life and education</b></p><p>David F. Swensen was born inRiver Falls, Wisconsin. His father, Richard Swensen, was a chemistry professor and dean at the University of Wisconsin-River Falls. His mother, Grace, after raising six children, became a Lutheran minister. After graduating from River Falls High School in 1971 Swensen elected to stay in his hometown of River Falls and receive hisB.A.andB.S.in 1975 from theUniversity of Wisconsin-River Fallswhere his father Richard Swensen was a professor. Swensen pursued a PhD ineconomicsat Yale, where he wrote hisdissertation,<i>A Model for the Valuation ofCorporate Bonds.</i>One of Swensen's dissertation advisers at Yale wasJames Tobin, a top economic adviser toJohn F. Kennedyadministration and a future Nobel Prize laureate in economics. According to Charles Ellis, founder of Greenwich Associates and former chair of Yale's investment committee, \"When it snowed, David went to Jim's house to shovel the sidewalk\". James Tobin's Nobel Prize, among other things, was for his contribution in creation of Modern Portfolio Theory. Swensen was fascinated by the idea of Modern Portfolio Theory. During his 2018 reunion speech Swensen said: \"For a given level of return, if you diversify you can get that return at lower risk. For a given level of risk, if you diversify you can get a higher return. That's pretty cool! Free lunch!\"</p><p><b>Investment career</b></p><p>Swensen began his investment career in the early 1980s, and has since advised theCarnegie Corporation, theNew York Stock Exchange, theHoward Hughes Medical Institute, theCourtauld Institute of Art, theYale-New Haven Hospital, The Investment Fund for Foundations (TIFF), theEdna McConnell Clark Foundation, and the States of&nbsp;Connecticut&nbsp;and&nbsp;Massachusetts.</p><p><b>Salomon Brothers</b></p><p>Following his academic interest in valuation of corporate bonds, Swensen joined Salomon Brothers in 1980. This career move was suggested by a Salomon Brothers investment banker and Yale alumni, Gene Dattel, who was deeply impressed by Swensen. In 1981 Swensen worked to structure the world's first swap agreement, a deal betweenIBMand theWorld Bankwhich allowed to hedge their exposure to Swiss francs and German marks.</p><p><b>Lehman Brothers</b></p><p>Prior to joining Yale in 1985, Swensen spent six years onWall Streetas senior vice president atLehman Brothers,&nbsp;specializing in the firm'sswapactivities, and as an associate incorporate financeforSalomon Brothers(here he worked for three years prior to joining Lehman Brothers), where his work focused on developing new financial technologies. Swensen engineered the first swap transaction according to<i>When Genius Failed: The Rise and Fall of Long-Term Capital Management</i>byRoger Lowenstein.</p><p><b>Yale University endowment</b></p><p>Swensen was tapped to serve as the Yale endowment manager at age 31 in 1985.&nbsp;This position was offered by Swensen's other dissertation adviser, Yale's provost,William Brainard. Swensen's candidacy was suggested by James Tobin, who, despite his former student's young age, believed he could be the right person. Swensen was hesitant about taking the job at first, since he did not know much about portfolio management aside from his studies in graduate school. Nevertheless, Brainard convinced him to take the position and Swensen started on April 1, 1985 by taking 80% pay cut.&nbsp;A year later, in 1986, he was joined by Yale College and School of Management graduate Dean Takahashi, who soon became Swensen's trusted deputy. In 1985, when Swensen started managing the endowment, it was worth $1 billion; in 2019 it was worth $29.4 billion.</p><p>As of 2005, the fund has managed annualized returns of 16.1%. He has been called \"Yale's 8 billion dollar man\" for his attainment of nearly $8 billion for the college endowment from 1985 to 2005.&nbsp;According to former Yale President, economistRichard Levin, Swensen's \"contribution\" to Yale is greater than the sum of all the donations made in more than two decades. \"We've just done better,\" Levin says, because of Swensen's \"uncanny ability\" to pick the best outside money managers. Swensen's former staff members, who later became managers of other endowment funds - includingMIT,StanfordandPrinceton- also showed impressive results in multiplying fund wealth.</p><p>In September 2014, Swensen began to move the Yale endowment away from investment in companies that have a large greenhouse footprint, expressing Yale's preferences in a letter to the endowment's money managers. The letter asked them to consider the effect of their investments on climate change, and to refrain from investing in companies that do not make reasonable efforts to reduce carbon emissions. This method was characterized by Swensen as a more subtle and flexible approach, as opposed to outright divestment.</p><p>Swensen made headlines on March 5, 2018 for arguing with the undergraduate editor-in-chief of the<i>Yale Daily News</i>. Swensen called the editor-in-chief a \"coward\" for deleting an inaccurate sentence and removing a footnote in an op-ed that he submitted to the paper; his column, which he required to be published unedited, responded to a student teach-in that criticized companies allegedly in the Yale portfolio.</p><p><b>Unconventional success</b></p><p>In 2005, Swensen wrote a book called<i>Unconventional Success,</i>which is an investment guide for the individual investor. The general strategy that he presents can be boiled down to the following three main points of advice:</p><ul><li>The investor should construct a portfolio with money allocated to 6 core asset classes, diversifying among them and biasing toward the equity sections.</li><li>The investor should rebalance the portfolio on a regular basis (rebalancingback to the original weightings of the asset classes in the portfolio).</li><li>In the absence of confidence in a market-beating strategy, invest in low-costindex fundsandexchange-traded funds. The investor should be very watchful of costs as some indices are poorly constructed and some fund companies charge excessive fees (or generate large tax liabilities).</li></ul><p>He slams manymutual fundcompanies for charging excessive fees and not living up to their fiduciary responsibility. He highlights the conflict of interest inherent in the mutual funds, claiming they want high fee, high turnover funds while investors want the opposite.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188985089","content_text":"David Swensen, the head of Yale University’s endowment who helped reshape how institutions manage their money, has died from cancer aged 67.After stints at Salomon Brothers and Lehman Brothers, Swensen returned to his alma mater in 1985 to lead its investment office. At the time, endowments were typically conservatively managed, but Swensen overhauled the model dramatically, taking advantage of their long-term focus to invest heavily in the nascent private equity and hedge fund industries.His approach was so successful it revolutionised how endowments and many other institutional investors allocate their money, and the “Yale model” spread and helped change the wider investment industry.“With his guidance, Yale’s endowment yielded returns that established him as a legend among institutional investors,” Peter Salovey, Yale’s president, said in a statement. “A natural teacher, he prepared a generation of institutional investors who have gone on to lead investment offices at other colleges and universities, further extending the scope of David’s influence.”The Yale Investments Office managed $31.2bn as of June 2020, and says it has averaged annual returns of 12. 4 per cent a year over the past three decades. In the 2021 fiscal year its contributions accounted for over a third of the university’s overall revenues.Almost a quarter of the endowment is invested in venture capital, and combined with private equity, hedge funds and real estate, so-called “alternative” investments account for nearly three quarters of its assets.Early life and educationDavid F. Swensen was born inRiver Falls, Wisconsin. His father, Richard Swensen, was a chemistry professor and dean at the University of Wisconsin-River Falls. His mother, Grace, after raising six children, became a Lutheran minister. After graduating from River Falls High School in 1971 Swensen elected to stay in his hometown of River Falls and receive hisB.A.andB.S.in 1975 from theUniversity of Wisconsin-River Fallswhere his father Richard Swensen was a professor. Swensen pursued a PhD ineconomicsat Yale, where he wrote hisdissertation,A Model for the Valuation ofCorporate Bonds.One of Swensen's dissertation advisers at Yale wasJames Tobin, a top economic adviser toJohn F. Kennedyadministration and a future Nobel Prize laureate in economics. According to Charles Ellis, founder of Greenwich Associates and former chair of Yale's investment committee, \"When it snowed, David went to Jim's house to shovel the sidewalk\". James Tobin's Nobel Prize, among other things, was for his contribution in creation of Modern Portfolio Theory. Swensen was fascinated by the idea of Modern Portfolio Theory. During his 2018 reunion speech Swensen said: \"For a given level of return, if you diversify you can get that return at lower risk. For a given level of risk, if you diversify you can get a higher return. That's pretty cool! Free lunch!\"Investment careerSwensen began his investment career in the early 1980s, and has since advised theCarnegie Corporation, theNew York Stock Exchange, theHoward Hughes Medical Institute, theCourtauld Institute of Art, theYale-New Haven Hospital, The Investment Fund for Foundations (TIFF), theEdna McConnell Clark Foundation, and the States of Connecticut and Massachusetts.Salomon BrothersFollowing his academic interest in valuation of corporate bonds, Swensen joined Salomon Brothers in 1980. This career move was suggested by a Salomon Brothers investment banker and Yale alumni, Gene Dattel, who was deeply impressed by Swensen. In 1981 Swensen worked to structure the world's first swap agreement, a deal betweenIBMand theWorld Bankwhich allowed to hedge their exposure to Swiss francs and German marks.Lehman BrothersPrior to joining Yale in 1985, Swensen spent six years onWall Streetas senior vice president atLehman Brothers, specializing in the firm'sswapactivities, and as an associate incorporate financeforSalomon Brothers(here he worked for three years prior to joining Lehman Brothers), where his work focused on developing new financial technologies. Swensen engineered the first swap transaction according toWhen Genius Failed: The Rise and Fall of Long-Term Capital ManagementbyRoger Lowenstein.Yale University endowmentSwensen was tapped to serve as the Yale endowment manager at age 31 in 1985. This position was offered by Swensen's other dissertation adviser, Yale's provost,William Brainard. Swensen's candidacy was suggested by James Tobin, who, despite his former student's young age, believed he could be the right person. Swensen was hesitant about taking the job at first, since he did not know much about portfolio management aside from his studies in graduate school. Nevertheless, Brainard convinced him to take the position and Swensen started on April 1, 1985 by taking 80% pay cut. A year later, in 1986, he was joined by Yale College and School of Management graduate Dean Takahashi, who soon became Swensen's trusted deputy. In 1985, when Swensen started managing the endowment, it was worth $1 billion; in 2019 it was worth $29.4 billion.As of 2005, the fund has managed annualized returns of 16.1%. He has been called \"Yale's 8 billion dollar man\" for his attainment of nearly $8 billion for the college endowment from 1985 to 2005. According to former Yale President, economistRichard Levin, Swensen's \"contribution\" to Yale is greater than the sum of all the donations made in more than two decades. \"We've just done better,\" Levin says, because of Swensen's \"uncanny ability\" to pick the best outside money managers. Swensen's former staff members, who later became managers of other endowment funds - includingMIT,StanfordandPrinceton- also showed impressive results in multiplying fund wealth.In September 2014, Swensen began to move the Yale endowment away from investment in companies that have a large greenhouse footprint, expressing Yale's preferences in a letter to the endowment's money managers. The letter asked them to consider the effect of their investments on climate change, and to refrain from investing in companies that do not make reasonable efforts to reduce carbon emissions. This method was characterized by Swensen as a more subtle and flexible approach, as opposed to outright divestment.Swensen made headlines on March 5, 2018 for arguing with the undergraduate editor-in-chief of theYale Daily News. Swensen called the editor-in-chief a \"coward\" for deleting an inaccurate sentence and removing a footnote in an op-ed that he submitted to the paper; his column, which he required to be published unedited, responded to a student teach-in that criticized companies allegedly in the Yale portfolio.Unconventional successIn 2005, Swensen wrote a book calledUnconventional Success,which is an investment guide for the individual investor. The general strategy that he presents can be boiled down to the following three main points of advice:The investor should construct a portfolio with money allocated to 6 core asset classes, diversifying among them and biasing toward the equity sections.The investor should rebalance the portfolio on a regular basis (rebalancingback to the original weightings of the asset classes in the portfolio).In the absence of confidence in a market-beating strategy, invest in low-costindex fundsandexchange-traded funds. The investor should be very watchful of costs as some indices are poorly constructed and some fund companies charge excessive fees (or generate large tax liabilities).He slams manymutual fundcompanies for charging excessive fees and not living up to their fiduciary responsibility. He highlights the conflict of interest inherent in the mutual funds, claiming they want high fee, high turnover funds while investors want the opposite.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":979,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109498640,"gmtCreate":1619708178280,"gmtModify":1704271200503,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577281524498438","authorIdStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>the only gain I have now","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>the only gain I have now","text":"$Apple(AAPL)$the only gain I have now","images":[{"img":"https://static.tigerbbs.com/af522cf24bc8133701c4593df847a888","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/109498640","isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":109515866,"gmtCreate":1619704769955,"gmtModify":1704728339344,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577281524498438","authorIdStr":"3577281524498438"},"themes":[],"htmlText":"What happen to the market today???","listText":"What happen to the market today???","text":"What happen to the market today???","images":[{"img":"https://static.tigerbbs.com/264cae3526aa839cbbd10ad4eccf19b0","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/109515866","isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372155606,"gmtCreate":1619187573005,"gmtModify":1704721011082,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577281524498438","authorIdStr":"3577281524498438"},"themes":[],"htmlText":"Good sharing","listText":"Good sharing","text":"Good sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372155606","repostId":"2129359566","repostType":4,"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378058626,"gmtCreate":1618983439965,"gmtModify":1704717865090,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577281524498438","authorIdStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>interesting","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>interesting","text":"$Apple(AAPL)$interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378058626","repostId":"371787268","repostType":1,"repost":{"id":371787268,"gmtCreate":1618972358650,"gmtModify":1704717695958,"author":{"id":"3514329116425907","authorId":"3514329116425907","name":"小虎AV","avatar":"https://static.tigerbbs.com/91101bd3142b32495c3131036d5f8afa","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3514329116425907","authorIdStr":"3514329116425907"},"themes":[],"title":"兩分鐘看完蘋果發佈會，你猜未來爆款掛件是哪個？","htmlText":"\n \n \n  蘋果春季發佈會，推出了全新款的彩色iMac、搭載M1芯片的 iPad Pro、AirTag藍牙防丟器等產品，更令人驚喜的是iPhone12紫色。不過，你最中意哪款新品呢？快點開視頻看看吧～[吃瓜]<a href=\"https://laohu8.com/S/AAPL\">$蘋果(AAPL)$</a>\n \n","listText":"蘋果春季發佈會，推出了全新款的彩色iMac、搭載M1芯片的 iPad Pro、AirTag藍牙防丟器等產品，更令人驚喜的是iPhone12紫色。不過，你最中意哪款新品呢？快點開視頻看看吧～[吃瓜]<a href=\"https://laohu8.com/S/AAPL\">$蘋果(AAPL)$</a>","text":"蘋果春季發佈會，推出了全新款的彩色iMac、搭載M1芯片的 iPad Pro、AirTag藍牙防丟器等產品，更令人驚喜的是iPhone12紫色。不過，你最中意哪款新品呢？快點開視頻看看吧～[吃瓜]$蘋果(AAPL)$","images":[{"img":"https://static.tigerbbs.com/e5506bc9b6df31a9520377d2e7fdd101","width":"0","height":"0"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371787268","isVote":1,"tweetType":2,"object":{"id":"bf3373eee4c1478da1de3f1ce245fb70","tweetId":"371787268","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/65e10b165285890817236368376/rCDUgajDtCcA.mp4","poster":"https://static.tigerbbs.com/e5506bc9b6df31a9520377d2e7fdd101"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370941306,"gmtCreate":1618546799505,"gmtModify":1704712545198,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577281524498438","authorIdStr":"3577281524498438"},"themes":[],"htmlText":"Great sharing","listText":"Great sharing","text":"Great sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370941306","repostId":"2127076940","repostType":4,"repost":{"id":"2127076940","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1618537658,"share":"https://ttm.financial/m/news/2127076940?lang=en_US&edition=fundamental","pubTime":"2021-04-16 09:47","market":"us","language":"en","title":"84% Of Warren Buffett's Portfolio In 2021 Is In These 3 Categories","url":"https://stock-news.laohu8.com/highlight/detail?id=2127076940","media":"Benzinga","summary":"The legendary value investor and Berkshire Hathaway chairman Warren Buffett has an unmatched track r","content":"<p>The legendary value investor and Berkshire Hathaway chairman Warren Buffett has an unmatched track record of market-beating returns for more than half a century. The 90 year’s old billionaire, who held $279 billion in stocks says, \"The stock market is a device for transferring money from the impatient to the patient.\"</p>\n<p>He adds further that investing is very simple.</p>\n<p>“You don’t need to be a rocket scientist. Investing is not a game where the guy with a 160 IQ always beats the guy with a 130 IQ. Rationality is essential. You need a stable personality”</p>\n<p>He used a basic value investing strategy to generate a 20.0% average annual return since Berkshire’s inception in 1965, almost double compared to the S&amp;P 500 returns of 10.2%.</p>\n<p>Buffett, who is worth nearly $100 billion according to Forbes, Portfolio Insider &amp; Bloomberg, has been using a concentrated portfolio strategy instead of diversification.</p>\n<p>The legendary investor held 84.29% of the stake in three sectors and his top ten holdings weighted around 88% of the <b>Berkshire Hathaway Inc.</b> (NYSE: BRK-B) portfolio. These three sectors include information technology, finance, and consumer staples.</p>\n<p>What’s more, Buffett’s concentrated portfolio strategy worked even in the most volatile and unpredictable year. His investment holding earned $26.7 billion in net unrealized gains from its existing stock positions during the pandemic year while realized gains came in at $4.5 billion.</p>\n<p>“In aggregate, we expect our share of the huge pile of earnings retained by Berkshire’s non-controlled businesses (what others would label our equity portfolio) to eventually deliver us an equal or greater amount of capital gains. Over our 56-year tenure, that expectation has been met,” Buffett said in an investor letter.</p>\n<p>Let’s start digging into stocks from three sectors Warren Buffett like the most:</p>\n<p><b>Information Technology: 44.25%</b></p>\n<p><b>Apple Inc </b>(NASDAQ: AAPL) represents 44.25% of Berkshire’s portfolio, valued at around $117 billion.</p>\n<p>While Warren Buffett is a value investor and he strictly follows his stock selection criteria, he has now moved his portfolio focus towards growth stocks, thanks to his fund managers Todd Combs and Ted Weschler.</p>\n<p>Nevertheless, Apple’s strong business model played a big role in enhancing Buffett’s confidence.</p>\n<p>“I don’t think of Apple as a stock. I think of it as our third business,” Buffett said. “It’s probably the best business I know in the world. And that is a bigger commitment than we have in any business except insurance and the railroad,” he added.</p>\n<p>Fortunately, the legendary investor’s stock-picking strategy worked in the case of the iPhone maker. Shares of the world’s largest tech giant rallied 380% since Berkshire first initiated a position in Apple in 2016. Apple’s dividend-paying strategy is further adding to shareholders' returns. Berkshire collected more than $770 million in dividend income from Apple.</p>\n<p>The cloud-based data platform <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> Inc. </b>(NYSE: SNOW) represented only a small portion of Buffett's portfolio at the end of the latest quarter. Snowflake is ranked at 21st spot in Buffett’s portfolio and weighted around 0.66%, according to the latest 13F filings.</p>\n<p><b>Financial Sector: 27%</b></p>\n<p>The financial sector is <a href=\"https://laohu8.com/S/AONE\">one</a> of Buffett’s most favorite areas of investment.&nbsp; Although the legendary investors sold out his Goldman Sachs, JP Morgan, and a few other financial stocks positions during the pandemic year, he still holds a big position in several banking and financial services stocks.</p>\n<p>The financial sector accounted for 27% of Berkshire Hathaway's stock portfolio at the end of 2020, down from 43% in the prior year.</p>\n<p>Four out of his top ten positions belong to the financial sector. Bank of America is Buffett’s largest financial stock holding followed by <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Company </b>(NYSE: AXP), <b>Moody’s Corporation</b> (NYSE: MCO), and <b>U.S. Bancorp</b> (NYSE: USB). In total, Berkshire Hathaway held 14 financial-sector stocks positions at the end of 2020. Buffett likes to invest in well-established financial companies due to two main reasons: share price appreciation and dividends.</p>\n<p><b>Consumer Staples: 12.73%</b></p>\n<p>Warren Buffett’s Berkshire has long been holding positions in consumer staples companies amid their steady growth potential. Further bolstering investment thesis in consumer staples companies is their predictable nature of cash generation potential.</p>\n<p>Dividends play a big role in enhancing shareholder's overall returns. Warren Buffett expects to receive $3.8 billion in dividends this year from its portfolio holdings. Berkshire’s third-largest stock holding <b>Coca-Cola Co</b> (NYSE: KO) has lifted dividends in the past 58 straight years.</p>\n<p>Buffett also held a big stake in&nbsp;<b>Kraft Heinz Co</b> (NASDAQ: KHC)&nbsp;since 2015. Despite the latest rally, the shares of the consumer staples company plunged sharply in the last five years, pulling Berkshire's initial $13.8 billion investment in Kraft Heinz&nbsp;to around $11.2 billion at present. Nevertheless, the company’s dividend payments helped to offset the impact of share price loss. The company currently offers a dividend yield of just over 4%.</p>\n<p>All data compiled by PortfolioInsider.com in partnership with Nasdaq.com</p>","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>84% Of Warren Buffett's Portfolio In 2021 Is In These 3 Categories</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\">\n84% Of Warren Buffett's Portfolio In 2021 Is In These 3 Categories\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-16 09:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The legendary value investor and Berkshire Hathaway chairman Warren Buffett has an unmatched track record of market-beating returns for more than half a century. The 90 year’s old billionaire, who held $279 billion in stocks says, \"The stock market is a device for transferring money from the impatient to the patient.\"</p>\n<p>He adds further that investing is very simple.</p>\n<p>“You don’t need to be a rocket scientist. Investing is not a game where the guy with a 160 IQ always beats the guy with a 130 IQ. Rationality is essential. You need a stable personality”</p>\n<p>He used a basic value investing strategy to generate a 20.0% average annual return since Berkshire’s inception in 1965, almost double compared to the S&amp;P 500 returns of 10.2%.</p>\n<p>Buffett, who is worth nearly $100 billion according to Forbes, Portfolio Insider &amp; Bloomberg, has been using a concentrated portfolio strategy instead of diversification.</p>\n<p>The legendary investor held 84.29% of the stake in three sectors and his top ten holdings weighted around 88% of the <b>Berkshire Hathaway Inc.</b> (NYSE: BRK-B) portfolio. These three sectors include information technology, finance, and consumer staples.</p>\n<p>What’s more, Buffett’s concentrated portfolio strategy worked even in the most volatile and unpredictable year. His investment holding earned $26.7 billion in net unrealized gains from its existing stock positions during the pandemic year while realized gains came in at $4.5 billion.</p>\n<p>“In aggregate, we expect our share of the huge pile of earnings retained by Berkshire’s non-controlled businesses (what others would label our equity portfolio) to eventually deliver us an equal or greater amount of capital gains. Over our 56-year tenure, that expectation has been met,” Buffett said in an investor letter.</p>\n<p>Let’s start digging into stocks from three sectors Warren Buffett like the most:</p>\n<p><b>Information Technology: 44.25%</b></p>\n<p><b>Apple Inc </b>(NASDAQ: AAPL) represents 44.25% of Berkshire’s portfolio, valued at around $117 billion.</p>\n<p>While Warren Buffett is a value investor and he strictly follows his stock selection criteria, he has now moved his portfolio focus towards growth stocks, thanks to his fund managers Todd Combs and Ted Weschler.</p>\n<p>Nevertheless, Apple’s strong business model played a big role in enhancing Buffett’s confidence.</p>\n<p>“I don’t think of Apple as a stock. I think of it as our third business,” Buffett said. “It’s probably the best business I know in the world. And that is a bigger commitment than we have in any business except insurance and the railroad,” he added.</p>\n<p>Fortunately, the legendary investor’s stock-picking strategy worked in the case of the iPhone maker. Shares of the world’s largest tech giant rallied 380% since Berkshire first initiated a position in Apple in 2016. Apple’s dividend-paying strategy is further adding to shareholders' returns. Berkshire collected more than $770 million in dividend income from Apple.</p>\n<p>The cloud-based data platform <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> Inc. </b>(NYSE: SNOW) represented only a small portion of Buffett's portfolio at the end of the latest quarter. Snowflake is ranked at 21st spot in Buffett’s portfolio and weighted around 0.66%, according to the latest 13F filings.</p>\n<p><b>Financial Sector: 27%</b></p>\n<p>The financial sector is <a href=\"https://laohu8.com/S/AONE\">one</a> of Buffett’s most favorite areas of investment.&nbsp; Although the legendary investors sold out his Goldman Sachs, JP Morgan, and a few other financial stocks positions during the pandemic year, he still holds a big position in several banking and financial services stocks.</p>\n<p>The financial sector accounted for 27% of Berkshire Hathaway's stock portfolio at the end of 2020, down from 43% in the prior year.</p>\n<p>Four out of his top ten positions belong to the financial sector. Bank of America is Buffett’s largest financial stock holding followed by <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Company </b>(NYSE: AXP), <b>Moody’s Corporation</b> (NYSE: MCO), and <b>U.S. Bancorp</b> (NYSE: USB). In total, Berkshire Hathaway held 14 financial-sector stocks positions at the end of 2020. Buffett likes to invest in well-established financial companies due to two main reasons: share price appreciation and dividends.</p>\n<p><b>Consumer Staples: 12.73%</b></p>\n<p>Warren Buffett’s Berkshire has long been holding positions in consumer staples companies amid their steady growth potential. Further bolstering investment thesis in consumer staples companies is their predictable nature of cash generation potential.</p>\n<p>Dividends play a big role in enhancing shareholder's overall returns. Warren Buffett expects to receive $3.8 billion in dividends this year from its portfolio holdings. Berkshire’s third-largest stock holding <b>Coca-Cola Co</b> (NYSE: KO) has lifted dividends in the past 58 straight years.</p>\n<p>Buffett also held a big stake in&nbsp;<b>Kraft Heinz Co</b> (NASDAQ: KHC)&nbsp;since 2015. Despite the latest rally, the shares of the consumer staples company plunged sharply in the last five years, pulling Berkshire's initial $13.8 billion investment in Kraft Heinz&nbsp;to around $11.2 billion at present. Nevertheless, the company’s dividend payments helped to offset the impact of share price loss. The company currently offers a dividend yield of just over 4%.</p>\n<p>All data compiled by PortfolioInsider.com in partnership with Nasdaq.com</p>\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","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127076940","content_text":"The legendary value investor and Berkshire Hathaway chairman Warren Buffett has an unmatched track record of market-beating returns for more than half a century. The 90 year’s old billionaire, who held $279 billion in stocks says, \"The stock market is a device for transferring money from the impatient to the patient.\"\nHe adds further that investing is very simple.\n“You don’t need to be a rocket scientist. Investing is not a game where the guy with a 160 IQ always beats the guy with a 130 IQ. Rationality is essential. You need a stable personality”\nHe used a basic value investing strategy to generate a 20.0% average annual return since Berkshire’s inception in 1965, almost double compared to the S&P 500 returns of 10.2%.\nBuffett, who is worth nearly $100 billion according to Forbes, Portfolio Insider & Bloomberg, has been using a concentrated portfolio strategy instead of diversification.\nThe legendary investor held 84.29% of the stake in three sectors and his top ten holdings weighted around 88% of the Berkshire Hathaway Inc. (NYSE: BRK-B) portfolio. These three sectors include information technology, finance, and consumer staples.\nWhat’s more, Buffett’s concentrated portfolio strategy worked even in the most volatile and unpredictable year. His investment holding earned $26.7 billion in net unrealized gains from its existing stock positions during the pandemic year while realized gains came in at $4.5 billion.\n“In aggregate, we expect our share of the huge pile of earnings retained by Berkshire’s non-controlled businesses (what others would label our equity portfolio) to eventually deliver us an equal or greater amount of capital gains. Over our 56-year tenure, that expectation has been met,” Buffett said in an investor letter.\nLet’s start digging into stocks from three sectors Warren Buffett like the most:\nInformation Technology: 44.25%\nApple Inc (NASDAQ: AAPL) represents 44.25% of Berkshire’s portfolio, valued at around $117 billion.\nWhile Warren Buffett is a value investor and he strictly follows his stock selection criteria, he has now moved his portfolio focus towards growth stocks, thanks to his fund managers Todd Combs and Ted Weschler.\nNevertheless, Apple’s strong business model played a big role in enhancing Buffett’s confidence.\n“I don’t think of Apple as a stock. I think of it as our third business,” Buffett said. “It’s probably the best business I know in the world. And that is a bigger commitment than we have in any business except insurance and the railroad,” he added.\nFortunately, the legendary investor’s stock-picking strategy worked in the case of the iPhone maker. Shares of the world’s largest tech giant rallied 380% since Berkshire first initiated a position in Apple in 2016. Apple’s dividend-paying strategy is further adding to shareholders' returns. Berkshire collected more than $770 million in dividend income from Apple.\nThe cloud-based data platform Snowflake Inc. (NYSE: SNOW) represented only a small portion of Buffett's portfolio at the end of the latest quarter. Snowflake is ranked at 21st spot in Buffett’s portfolio and weighted around 0.66%, according to the latest 13F filings.\nFinancial Sector: 27%\nThe financial sector is one of Buffett’s most favorite areas of investment.  Although the legendary investors sold out his Goldman Sachs, JP Morgan, and a few other financial stocks positions during the pandemic year, he still holds a big position in several banking and financial services stocks.\nThe financial sector accounted for 27% of Berkshire Hathaway's stock portfolio at the end of 2020, down from 43% in the prior year.\nFour out of his top ten positions belong to the financial sector. Bank of America is Buffett’s largest financial stock holding followed by American Express Company (NYSE: AXP), Moody’s Corporation (NYSE: MCO), and U.S. Bancorp (NYSE: USB). In total, Berkshire Hathaway held 14 financial-sector stocks positions at the end of 2020. Buffett likes to invest in well-established financial companies due to two main reasons: share price appreciation and dividends.\nConsumer Staples: 12.73%\nWarren Buffett’s Berkshire has long been holding positions in consumer staples companies amid their steady growth potential. Further bolstering investment thesis in consumer staples companies is their predictable nature of cash generation potential.\nDividends play a big role in enhancing shareholder's overall returns. Warren Buffett expects to receive $3.8 billion in dividends this year from its portfolio holdings. Berkshire’s third-largest stock holding Coca-Cola Co (NYSE: KO) has lifted dividends in the past 58 straight years.\nBuffett also held a big stake in Kraft Heinz Co (NASDAQ: KHC) since 2015. Despite the latest rally, the shares of the consumer staples company plunged sharply in the last five years, pulling Berkshire's initial $13.8 billion investment in Kraft Heinz to around $11.2 billion at present. Nevertheless, the company’s dividend payments helped to offset the impact of share price loss. The company currently offers a dividend yield of just over 4%.\nAll data compiled by PortfolioInsider.com in partnership with Nasdaq.com","news_type":1,"symbols_score_info":{"BRK.A":0.9,"AAPL":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347518941,"gmtCreate":1618501002183,"gmtModify":1704711940196,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577281524498438","authorIdStr":"3577281524498438"},"themes":[],"htmlText":"Haha❤️","listText":"Haha❤️","text":"Haha❤️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347518941","repostId":"1176797324","repostType":4,"repost":{"id":"1176797324","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618500878,"share":"https://ttm.financial/m/news/1176797324?lang=en_US&edition=fundamental","pubTime":"2021-04-15 23:34","market":"us","language":"en","title":"AMD rose about 4% in morning  trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1176797324","media":"Tiger Newspress","summary":" Seeing it unlikely that Intel will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices with an Outperformrating and $100 price target.Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.Caso says the current roadmaps show an advantage for AMD and foundry partner TSMC through at least 2024","content":"<p>(April 15)&nbsp;Seeing it unlikely that Intel&nbsp;will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD)&nbsp;with an Outperformrating and $100 price target.</p><p>Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.</p><p>Caso says the current roadmaps show an advantage for AMD&nbsp;and foundry partner TSMC&nbsp;through at least 2024.</p><p>AMD&nbsp;shares are&nbsp;up 4.1%&nbsp;to $81.77.</p><p>Raymond James downgraded Intel, bearish on thefoundry push.</p><p><img src=\"https://static.tigerbbs.com/3306c7bcf6759c07b50e1e336e351292\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1b5e1cc67b2dbef65f87d6acdee47b05\" tg-width=\"921\" tg-height=\"93\" referrerpolicy=\"no-referrer\"></p><p></p>","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>AMD rose about 4% in morning  trading</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\">\nAMD rose about 4% in morning  trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-15 23:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 15)&nbsp;Seeing it unlikely that Intel&nbsp;will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD)&nbsp;with an Outperformrating and $100 price target.</p><p>Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.</p><p>Caso says the current roadmaps show an advantage for AMD&nbsp;and foundry partner TSMC&nbsp;through at least 2024.</p><p>AMD&nbsp;shares are&nbsp;up 4.1%&nbsp;to $81.77.</p><p>Raymond James downgraded Intel, bearish on thefoundry push.</p><p><img src=\"https://static.tigerbbs.com/3306c7bcf6759c07b50e1e336e351292\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1b5e1cc67b2dbef65f87d6acdee47b05\" tg-width=\"921\" tg-height=\"93\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176797324","content_text":"(April 15) Seeing it unlikely that Intel will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD) with an Outperformrating and $100 price target.Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.Caso says the current roadmaps show an advantage for AMD and foundry partner TSMC through at least 2024.AMD shares are up 4.1% to $81.77.Raymond James downgraded Intel, bearish on thefoundry push.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":177546081,"gmtCreate":1627255253343,"gmtModify":1703485930458,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"Too the moon ?&nbsp;","listText":"Too the moon ?&nbsp;","text":"Too the moon ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/177546081","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":2007,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196557516,"gmtCreate":1621081281635,"gmtModify":1704352756357,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>buy in dips","listText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>buy in dips","text":"$Taiwan Semiconductor Manufacturing(TSM)$buy in dips","images":[{"img":"https://static.tigerbbs.com/0b3528fdb587bbedc5962e726ed4d8f1","width":"1125","height":"3068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/196557516","isVote":1,"tweetType":1,"viewCount":1803,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3538163291203025","authorId":"3538163291203025","name":"请叫我兄长","avatar":"https://static.tigerbbs.com/86a8628ad6bbb94f2e6f5f691f57ad2c","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3538163291203025","idStr":"3538163291203025"},"content":"Hey! The outbreak in Taiwan has a bad prospect. I also went in on Friday","text":"Hey! The outbreak in Taiwan has a bad prospect. I also went in on Friday","html":"Hey! The outbreak in Taiwan has a bad prospect. I also went in on Friday"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":800276262,"gmtCreate":1627307107156,"gmtModify":1703487252641,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Buy the dips. Go heavy.","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Buy the dips. Go heavy.","text":"$Alibaba(BABA)$Buy the dips. Go heavy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800276262","isVote":1,"tweetType":1,"viewCount":1494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804037653,"gmtCreate":1627911722672,"gmtModify":1703497718379,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>What is the peak?&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>What is the peak?&nbsp;","text":"$Tesla Motors(TSLA)$What is the peak?","images":[{"img":"https://static.tigerbbs.com/7b0188a353fb5547fafac32e68fc48ec","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804037653","isVote":1,"tweetType":1,"viewCount":1451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":162324023,"gmtCreate":1624035709662,"gmtModify":1703827392796,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>up up ⬆️&nbsp;","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>up up ⬆️&nbsp;","text":"$NIO Inc.(NIO)$up up ⬆️","images":[{"img":"https://static.tigerbbs.com/62928f7ed471b274cd7bef90304c2211","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/162324023","isVote":1,"tweetType":1,"viewCount":2151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":397250387677736,"gmtCreate":1738010266235,"gmtModify":1738010270273,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$&nbsp;</a> Using less GPU doesn't mean you don't need the chips. Don't FMO.&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$&nbsp;</a> Using less GPU doesn't mean you don't need the chips. Don't FMO.&nbsp;","text":"$NVIDIA(NVDA)$ Using less GPU doesn't mean you don't need the chips. Don't FMO.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/397250387677736","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4135941909903582","authorId":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"4135941909903582","idStr":"4135941909903582"},"content":"Great time to buy. Those who have experience in software and Hardware business all know that software frequently emulate hardware but hardwired hardware will always beat software emulation in terms of processing speed and saving time and what is crucial is not just the technical aspects but how willing are people to trade having more time spent on waiting for an output at a lower price than having the same instantly available. 101 basics, why do laptops and computers need higher and higher processing power these days and people willing to pay top dog for these chips?","text":"Great time to buy. Those who have experience in software and Hardware business all know that software frequently emulate hardware but hardwired hardware will always beat software emulation in terms of processing speed and saving time and what is crucial is not just the technical aspects but how willing are people to trade having more time spent on waiting for an output at a lower price than having the same instantly available. 101 basics, why do laptops and computers need higher and higher processing power these days and people willing to pay top dog for these chips?","html":"Great time to buy. Those who have experience in software and Hardware business all know that software frequently emulate hardware but hardwired hardware will always beat software emulation in terms of processing speed and saving time and what is crucial is not just the technical aspects but how willing are people to trade having more time spent on waiting for an output at a lower price than having the same instantly available. 101 basics, why do laptops and computers need higher and higher processing power these days and people willing to pay top dog for these chips?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893619651,"gmtCreate":1628259068573,"gmtModify":1703504149530,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SPCE\">$Virgin Galactic(SPCE)$</a>Let’s aim for 40","listText":"<a href=\"https://laohu8.com/S/SPCE\">$Virgin Galactic(SPCE)$</a>Let’s aim for 40","text":"$Virgin Galactic(SPCE)$Let’s aim for 40","images":[{"img":"https://static.tigerbbs.com/735b5a78e95205d6fd3ee240e3632853","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893619651","isVote":1,"tweetType":1,"viewCount":1669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":105450283,"gmtCreate":1620320077342,"gmtModify":1704341973925,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105450283","repostId":"1188985089","repostType":4,"repost":{"id":"1188985089","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620309854,"share":"https://ttm.financial/m/news/1188985089?lang=en_US&edition=fundamental","pubTime":"2021-05-06 22:04","market":"other","language":"en","title":"Yale's chief investment manager David Swensen dies at 67","url":"https://stock-news.laohu8.com/highlight/detail?id=1188985089","media":"Tiger Newspress","summary":"David Swensen, the head of Yale University’s endowment who helped reshape how institutions manage th","content":"<p>David Swensen, the head of Yale University’s endowment who helped reshape how institutions manage their money, has died from cancer aged 67.</p><p>After stints at Salomon Brothers and Lehman Brothers, Swensen returned to his alma mater in 1985 to lead its investment office. At the time, endowments were typically conservatively managed, but Swensen overhauled the model dramatically, taking advantage of their long-term focus to invest heavily in the nascent private equity and hedge fund industries.</p><p>His approach was so successful it revolutionised how endowments and many other institutional investors allocate their money, and the “Yale model” spread and helped change the wider investment industry.</p><p>“With his guidance, Yale’s endowment yielded returns that established him as a legend among institutional investors,” Peter Salovey, Yale’s president, said in a statement. “A natural teacher, he prepared a generation of institutional investors who have gone on to lead investment offices at other colleges and universities, further extending the scope of David’s influence.”</p><p>The Yale Investments Office managed $31.2bn as of June 2020, and says it has averaged annual returns of 12. 4 per cent a year over the past three decades. In the 2021 fiscal year its contributions accounted for over a third of the university’s overall revenues.</p><p>Almost a quarter of the endowment is invested in venture capital, and combined with private equity, hedge funds and real estate, so-called “alternative” investments account for nearly three quarters of its assets.</p><p><b>Early life and education</b></p><p>David F. Swensen was born inRiver Falls, Wisconsin. His father, Richard Swensen, was a chemistry professor and dean at the University of Wisconsin-River Falls. His mother, Grace, after raising six children, became a Lutheran minister. After graduating from River Falls High School in 1971 Swensen elected to stay in his hometown of River Falls and receive hisB.A.andB.S.in 1975 from theUniversity of Wisconsin-River Fallswhere his father Richard Swensen was a professor. Swensen pursued a PhD ineconomicsat Yale, where he wrote hisdissertation,<i>A Model for the Valuation ofCorporate Bonds.</i>One of Swensen's dissertation advisers at Yale wasJames Tobin, a top economic adviser toJohn F. Kennedyadministration and a future Nobel Prize laureate in economics. According to Charles Ellis, founder of Greenwich Associates and former chair of Yale's investment committee, \"When it snowed, David went to Jim's house to shovel the sidewalk\". James Tobin's Nobel Prize, among other things, was for his contribution in creation of Modern Portfolio Theory. Swensen was fascinated by the idea of Modern Portfolio Theory. During his 2018 reunion speech Swensen said: \"For a given level of return, if you diversify you can get that return at lower risk. For a given level of risk, if you diversify you can get a higher return. That's pretty cool! Free lunch!\"</p><p><b>Investment career</b></p><p>Swensen began his investment career in the early 1980s, and has since advised theCarnegie Corporation, theNew York Stock Exchange, theHoward Hughes Medical Institute, theCourtauld Institute of Art, theYale-New Haven Hospital, The Investment Fund for Foundations (TIFF), theEdna McConnell Clark Foundation, and the States of&nbsp;Connecticut&nbsp;and&nbsp;Massachusetts.</p><p><b>Salomon Brothers</b></p><p>Following his academic interest in valuation of corporate bonds, Swensen joined Salomon Brothers in 1980. This career move was suggested by a Salomon Brothers investment banker and Yale alumni, Gene Dattel, who was deeply impressed by Swensen. In 1981 Swensen worked to structure the world's first swap agreement, a deal betweenIBMand theWorld Bankwhich allowed to hedge their exposure to Swiss francs and German marks.</p><p><b>Lehman Brothers</b></p><p>Prior to joining Yale in 1985, Swensen spent six years onWall Streetas senior vice president atLehman Brothers,&nbsp;specializing in the firm'sswapactivities, and as an associate incorporate financeforSalomon Brothers(here he worked for three years prior to joining Lehman Brothers), where his work focused on developing new financial technologies. Swensen engineered the first swap transaction according to<i>When Genius Failed: The Rise and Fall of Long-Term Capital Management</i>byRoger Lowenstein.</p><p><b>Yale University endowment</b></p><p>Swensen was tapped to serve as the Yale endowment manager at age 31 in 1985.&nbsp;This position was offered by Swensen's other dissertation adviser, Yale's provost,William Brainard. Swensen's candidacy was suggested by James Tobin, who, despite his former student's young age, believed he could be the right person. Swensen was hesitant about taking the job at first, since he did not know much about portfolio management aside from his studies in graduate school. Nevertheless, Brainard convinced him to take the position and Swensen started on April 1, 1985 by taking 80% pay cut.&nbsp;A year later, in 1986, he was joined by Yale College and School of Management graduate Dean Takahashi, who soon became Swensen's trusted deputy. In 1985, when Swensen started managing the endowment, it was worth $1 billion; in 2019 it was worth $29.4 billion.</p><p>As of 2005, the fund has managed annualized returns of 16.1%. He has been called \"Yale's 8 billion dollar man\" for his attainment of nearly $8 billion for the college endowment from 1985 to 2005.&nbsp;According to former Yale President, economistRichard Levin, Swensen's \"contribution\" to Yale is greater than the sum of all the donations made in more than two decades. \"We've just done better,\" Levin says, because of Swensen's \"uncanny ability\" to pick the best outside money managers. Swensen's former staff members, who later became managers of other endowment funds - includingMIT,StanfordandPrinceton- also showed impressive results in multiplying fund wealth.</p><p>In September 2014, Swensen began to move the Yale endowment away from investment in companies that have a large greenhouse footprint, expressing Yale's preferences in a letter to the endowment's money managers. The letter asked them to consider the effect of their investments on climate change, and to refrain from investing in companies that do not make reasonable efforts to reduce carbon emissions. This method was characterized by Swensen as a more subtle and flexible approach, as opposed to outright divestment.</p><p>Swensen made headlines on March 5, 2018 for arguing with the undergraduate editor-in-chief of the<i>Yale Daily News</i>. Swensen called the editor-in-chief a \"coward\" for deleting an inaccurate sentence and removing a footnote in an op-ed that he submitted to the paper; his column, which he required to be published unedited, responded to a student teach-in that criticized companies allegedly in the Yale portfolio.</p><p><b>Unconventional success</b></p><p>In 2005, Swensen wrote a book called<i>Unconventional Success,</i>which is an investment guide for the individual investor. The general strategy that he presents can be boiled down to the following three main points of advice:</p><ul><li>The investor should construct a portfolio with money allocated to 6 core asset classes, diversifying among them and biasing toward the equity sections.</li><li>The investor should rebalance the portfolio on a regular basis (rebalancingback to the original weightings of the asset classes in the portfolio).</li><li>In the absence of confidence in a market-beating strategy, invest in low-costindex fundsandexchange-traded funds. The investor should be very watchful of costs as some indices are poorly constructed and some fund companies charge excessive fees (or generate large tax liabilities).</li></ul><p>He slams manymutual fundcompanies for charging excessive fees and not living up to their fiduciary responsibility. He highlights the conflict of interest inherent in the mutual funds, claiming they want high fee, high turnover funds while investors want the opposite.</p>","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>Yale's chief investment manager David Swensen dies at 67</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\">\nYale's chief investment manager David Swensen dies at 67\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 22:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>David Swensen, the head of Yale University’s endowment who helped reshape how institutions manage their money, has died from cancer aged 67.</p><p>After stints at Salomon Brothers and Lehman Brothers, Swensen returned to his alma mater in 1985 to lead its investment office. At the time, endowments were typically conservatively managed, but Swensen overhauled the model dramatically, taking advantage of their long-term focus to invest heavily in the nascent private equity and hedge fund industries.</p><p>His approach was so successful it revolutionised how endowments and many other institutional investors allocate their money, and the “Yale model” spread and helped change the wider investment industry.</p><p>“With his guidance, Yale’s endowment yielded returns that established him as a legend among institutional investors,” Peter Salovey, Yale’s president, said in a statement. “A natural teacher, he prepared a generation of institutional investors who have gone on to lead investment offices at other colleges and universities, further extending the scope of David’s influence.”</p><p>The Yale Investments Office managed $31.2bn as of June 2020, and says it has averaged annual returns of 12. 4 per cent a year over the past three decades. In the 2021 fiscal year its contributions accounted for over a third of the university’s overall revenues.</p><p>Almost a quarter of the endowment is invested in venture capital, and combined with private equity, hedge funds and real estate, so-called “alternative” investments account for nearly three quarters of its assets.</p><p><b>Early life and education</b></p><p>David F. Swensen was born inRiver Falls, Wisconsin. His father, Richard Swensen, was a chemistry professor and dean at the University of Wisconsin-River Falls. His mother, Grace, after raising six children, became a Lutheran minister. After graduating from River Falls High School in 1971 Swensen elected to stay in his hometown of River Falls and receive hisB.A.andB.S.in 1975 from theUniversity of Wisconsin-River Fallswhere his father Richard Swensen was a professor. Swensen pursued a PhD ineconomicsat Yale, where he wrote hisdissertation,<i>A Model for the Valuation ofCorporate Bonds.</i>One of Swensen's dissertation advisers at Yale wasJames Tobin, a top economic adviser toJohn F. Kennedyadministration and a future Nobel Prize laureate in economics. According to Charles Ellis, founder of Greenwich Associates and former chair of Yale's investment committee, \"When it snowed, David went to Jim's house to shovel the sidewalk\". James Tobin's Nobel Prize, among other things, was for his contribution in creation of Modern Portfolio Theory. Swensen was fascinated by the idea of Modern Portfolio Theory. During his 2018 reunion speech Swensen said: \"For a given level of return, if you diversify you can get that return at lower risk. For a given level of risk, if you diversify you can get a higher return. That's pretty cool! Free lunch!\"</p><p><b>Investment career</b></p><p>Swensen began his investment career in the early 1980s, and has since advised theCarnegie Corporation, theNew York Stock Exchange, theHoward Hughes Medical Institute, theCourtauld Institute of Art, theYale-New Haven Hospital, The Investment Fund for Foundations (TIFF), theEdna McConnell Clark Foundation, and the States of&nbsp;Connecticut&nbsp;and&nbsp;Massachusetts.</p><p><b>Salomon Brothers</b></p><p>Following his academic interest in valuation of corporate bonds, Swensen joined Salomon Brothers in 1980. This career move was suggested by a Salomon Brothers investment banker and Yale alumni, Gene Dattel, who was deeply impressed by Swensen. In 1981 Swensen worked to structure the world's first swap agreement, a deal betweenIBMand theWorld Bankwhich allowed to hedge their exposure to Swiss francs and German marks.</p><p><b>Lehman Brothers</b></p><p>Prior to joining Yale in 1985, Swensen spent six years onWall Streetas senior vice president atLehman Brothers,&nbsp;specializing in the firm'sswapactivities, and as an associate incorporate financeforSalomon Brothers(here he worked for three years prior to joining Lehman Brothers), where his work focused on developing new financial technologies. Swensen engineered the first swap transaction according to<i>When Genius Failed: The Rise and Fall of Long-Term Capital Management</i>byRoger Lowenstein.</p><p><b>Yale University endowment</b></p><p>Swensen was tapped to serve as the Yale endowment manager at age 31 in 1985.&nbsp;This position was offered by Swensen's other dissertation adviser, Yale's provost,William Brainard. Swensen's candidacy was suggested by James Tobin, who, despite his former student's young age, believed he could be the right person. Swensen was hesitant about taking the job at first, since he did not know much about portfolio management aside from his studies in graduate school. Nevertheless, Brainard convinced him to take the position and Swensen started on April 1, 1985 by taking 80% pay cut.&nbsp;A year later, in 1986, he was joined by Yale College and School of Management graduate Dean Takahashi, who soon became Swensen's trusted deputy. In 1985, when Swensen started managing the endowment, it was worth $1 billion; in 2019 it was worth $29.4 billion.</p><p>As of 2005, the fund has managed annualized returns of 16.1%. He has been called \"Yale's 8 billion dollar man\" for his attainment of nearly $8 billion for the college endowment from 1985 to 2005.&nbsp;According to former Yale President, economistRichard Levin, Swensen's \"contribution\" to Yale is greater than the sum of all the donations made in more than two decades. \"We've just done better,\" Levin says, because of Swensen's \"uncanny ability\" to pick the best outside money managers. Swensen's former staff members, who later became managers of other endowment funds - includingMIT,StanfordandPrinceton- also showed impressive results in multiplying fund wealth.</p><p>In September 2014, Swensen began to move the Yale endowment away from investment in companies that have a large greenhouse footprint, expressing Yale's preferences in a letter to the endowment's money managers. The letter asked them to consider the effect of their investments on climate change, and to refrain from investing in companies that do not make reasonable efforts to reduce carbon emissions. This method was characterized by Swensen as a more subtle and flexible approach, as opposed to outright divestment.</p><p>Swensen made headlines on March 5, 2018 for arguing with the undergraduate editor-in-chief of the<i>Yale Daily News</i>. Swensen called the editor-in-chief a \"coward\" for deleting an inaccurate sentence and removing a footnote in an op-ed that he submitted to the paper; his column, which he required to be published unedited, responded to a student teach-in that criticized companies allegedly in the Yale portfolio.</p><p><b>Unconventional success</b></p><p>In 2005, Swensen wrote a book called<i>Unconventional Success,</i>which is an investment guide for the individual investor. The general strategy that he presents can be boiled down to the following three main points of advice:</p><ul><li>The investor should construct a portfolio with money allocated to 6 core asset classes, diversifying among them and biasing toward the equity sections.</li><li>The investor should rebalance the portfolio on a regular basis (rebalancingback to the original weightings of the asset classes in the portfolio).</li><li>In the absence of confidence in a market-beating strategy, invest in low-costindex fundsandexchange-traded funds. The investor should be very watchful of costs as some indices are poorly constructed and some fund companies charge excessive fees (or generate large tax liabilities).</li></ul><p>He slams manymutual fundcompanies for charging excessive fees and not living up to their fiduciary responsibility. He highlights the conflict of interest inherent in the mutual funds, claiming they want high fee, high turnover funds while investors want the opposite.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188985089","content_text":"David Swensen, the head of Yale University’s endowment who helped reshape how institutions manage their money, has died from cancer aged 67.After stints at Salomon Brothers and Lehman Brothers, Swensen returned to his alma mater in 1985 to lead its investment office. At the time, endowments were typically conservatively managed, but Swensen overhauled the model dramatically, taking advantage of their long-term focus to invest heavily in the nascent private equity and hedge fund industries.His approach was so successful it revolutionised how endowments and many other institutional investors allocate their money, and the “Yale model” spread and helped change the wider investment industry.“With his guidance, Yale’s endowment yielded returns that established him as a legend among institutional investors,” Peter Salovey, Yale’s president, said in a statement. “A natural teacher, he prepared a generation of institutional investors who have gone on to lead investment offices at other colleges and universities, further extending the scope of David’s influence.”The Yale Investments Office managed $31.2bn as of June 2020, and says it has averaged annual returns of 12. 4 per cent a year over the past three decades. In the 2021 fiscal year its contributions accounted for over a third of the university’s overall revenues.Almost a quarter of the endowment is invested in venture capital, and combined with private equity, hedge funds and real estate, so-called “alternative” investments account for nearly three quarters of its assets.Early life and educationDavid F. Swensen was born inRiver Falls, Wisconsin. His father, Richard Swensen, was a chemistry professor and dean at the University of Wisconsin-River Falls. His mother, Grace, after raising six children, became a Lutheran minister. After graduating from River Falls High School in 1971 Swensen elected to stay in his hometown of River Falls and receive hisB.A.andB.S.in 1975 from theUniversity of Wisconsin-River Fallswhere his father Richard Swensen was a professor. Swensen pursued a PhD ineconomicsat Yale, where he wrote hisdissertation,A Model for the Valuation ofCorporate Bonds.One of Swensen's dissertation advisers at Yale wasJames Tobin, a top economic adviser toJohn F. Kennedyadministration and a future Nobel Prize laureate in economics. According to Charles Ellis, founder of Greenwich Associates and former chair of Yale's investment committee, \"When it snowed, David went to Jim's house to shovel the sidewalk\". James Tobin's Nobel Prize, among other things, was for his contribution in creation of Modern Portfolio Theory. Swensen was fascinated by the idea of Modern Portfolio Theory. During his 2018 reunion speech Swensen said: \"For a given level of return, if you diversify you can get that return at lower risk. For a given level of risk, if you diversify you can get a higher return. That's pretty cool! Free lunch!\"Investment careerSwensen began his investment career in the early 1980s, and has since advised theCarnegie Corporation, theNew York Stock Exchange, theHoward Hughes Medical Institute, theCourtauld Institute of Art, theYale-New Haven Hospital, The Investment Fund for Foundations (TIFF), theEdna McConnell Clark Foundation, and the States of Connecticut and Massachusetts.Salomon BrothersFollowing his academic interest in valuation of corporate bonds, Swensen joined Salomon Brothers in 1980. This career move was suggested by a Salomon Brothers investment banker and Yale alumni, Gene Dattel, who was deeply impressed by Swensen. In 1981 Swensen worked to structure the world's first swap agreement, a deal betweenIBMand theWorld Bankwhich allowed to hedge their exposure to Swiss francs and German marks.Lehman BrothersPrior to joining Yale in 1985, Swensen spent six years onWall Streetas senior vice president atLehman Brothers, specializing in the firm'sswapactivities, and as an associate incorporate financeforSalomon Brothers(here he worked for three years prior to joining Lehman Brothers), where his work focused on developing new financial technologies. Swensen engineered the first swap transaction according toWhen Genius Failed: The Rise and Fall of Long-Term Capital ManagementbyRoger Lowenstein.Yale University endowmentSwensen was tapped to serve as the Yale endowment manager at age 31 in 1985. This position was offered by Swensen's other dissertation adviser, Yale's provost,William Brainard. Swensen's candidacy was suggested by James Tobin, who, despite his former student's young age, believed he could be the right person. Swensen was hesitant about taking the job at first, since he did not know much about portfolio management aside from his studies in graduate school. Nevertheless, Brainard convinced him to take the position and Swensen started on April 1, 1985 by taking 80% pay cut. A year later, in 1986, he was joined by Yale College and School of Management graduate Dean Takahashi, who soon became Swensen's trusted deputy. In 1985, when Swensen started managing the endowment, it was worth $1 billion; in 2019 it was worth $29.4 billion.As of 2005, the fund has managed annualized returns of 16.1%. He has been called \"Yale's 8 billion dollar man\" for his attainment of nearly $8 billion for the college endowment from 1985 to 2005. According to former Yale President, economistRichard Levin, Swensen's \"contribution\" to Yale is greater than the sum of all the donations made in more than two decades. \"We've just done better,\" Levin says, because of Swensen's \"uncanny ability\" to pick the best outside money managers. Swensen's former staff members, who later became managers of other endowment funds - includingMIT,StanfordandPrinceton- also showed impressive results in multiplying fund wealth.In September 2014, Swensen began to move the Yale endowment away from investment in companies that have a large greenhouse footprint, expressing Yale's preferences in a letter to the endowment's money managers. The letter asked them to consider the effect of their investments on climate change, and to refrain from investing in companies that do not make reasonable efforts to reduce carbon emissions. This method was characterized by Swensen as a more subtle and flexible approach, as opposed to outright divestment.Swensen made headlines on March 5, 2018 for arguing with the undergraduate editor-in-chief of theYale Daily News. Swensen called the editor-in-chief a \"coward\" for deleting an inaccurate sentence and removing a footnote in an op-ed that he submitted to the paper; his column, which he required to be published unedited, responded to a student teach-in that criticized companies allegedly in the Yale portfolio.Unconventional successIn 2005, Swensen wrote a book calledUnconventional Success,which is an investment guide for the individual investor. The general strategy that he presents can be boiled down to the following three main points of advice:The investor should construct a portfolio with money allocated to 6 core asset classes, diversifying among them and biasing toward the equity sections.The investor should rebalance the portfolio on a regular basis (rebalancingback to the original weightings of the asset classes in the portfolio).In the absence of confidence in a market-beating strategy, invest in low-costindex fundsandexchange-traded funds. The investor should be very watchful of costs as some indices are poorly constructed and some fund companies charge excessive fees (or generate large tax liabilities).He slams manymutual fundcompanies for charging excessive fees and not living up to their fiduciary responsibility. He highlights the conflict of interest inherent in the mutual funds, claiming they want high fee, high turnover funds while investors want the opposite.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":979,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951022623,"gmtCreate":1673361636862,"gmtModify":1676538824296,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951022623","repostId":"2302522550","repostType":2,"repost":{"id":"2302522550","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1673344109,"share":"https://ttm.financial/m/news/2302522550?lang=en_US&edition=fundamental","pubTime":"2023-01-10 17:48","market":"hk","language":"en","title":"Alibaba Signs Strategic Cooperation Agreement With China's Hangzhou","url":"https://stock-news.laohu8.com/highlight/detail?id=2302522550","media":"Reuters","summary":"(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK) has signed a cooperation ag","content":"<html><head></head><body><p>(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK) has signed a cooperation agreement with the government of Hangzhou, the city where the company is headquartered, local media reported on Tuesday.</p><p>China&#39;s internet giants have been in the crosshairs of Chinese regulators for the past two years, but authorities have in recent months given increasing signs that relations between the government and China&#39;s tech sector will thaw, which would bode well for the sector&#39;s prospects.</p><p>The government-backed Zhejiang Daily reported that at the signing event, local authorities formulated specific measures to help develop the online platform economy.</p><p>The signing comes just two days after Ant Group Co Ltd (688688.SS), the finance company long affiliated with Alibaba, announced Jack Ma had ceded control of the company.</p><p>The announcemnt caused shares of Alibaba and other Ant Group affiliated companies to soar, as investors interpreted the move as possible cap to a years-long regulatory crackdown on the Chinese tech industry.</p><p>On Monday, Guo Shuqing, Communist party chief of the People&#39;s Bank of China, was quoted by state broadcaster CCTV as saying that rectification of the financial business of 14 online platform companies has been &#34;basically completed,&#34; though he did not name any companies.</p></body></html>","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>Alibaba Signs Strategic Cooperation Agreement With China's Hangzhou</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\">\nAlibaba Signs Strategic Cooperation Agreement With China's Hangzhou\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-10 17:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK) has signed a cooperation agreement with the government of Hangzhou, the city where the company is headquartered, local media reported on Tuesday.</p><p>China&#39;s internet giants have been in the crosshairs of Chinese regulators for the past two years, but authorities have in recent months given increasing signs that relations between the government and China&#39;s tech sector will thaw, which would bode well for the sector&#39;s prospects.</p><p>The government-backed Zhejiang Daily reported that at the signing event, local authorities formulated specific measures to help develop the online platform economy.</p><p>The signing comes just two days after Ant Group Co Ltd (688688.SS), the finance company long affiliated with Alibaba, announced Jack Ma had ceded control of the company.</p><p>The announcemnt caused shares of Alibaba and other Ant Group affiliated companies to soar, as investors interpreted the move as possible cap to a years-long regulatory crackdown on the Chinese tech industry.</p><p>On Monday, Guo Shuqing, Communist party chief of the People&#39;s Bank of China, was quoted by state broadcaster CCTV as saying that rectification of the financial business of 14 online platform companies has been &#34;basically completed,&#34; though he did not name any companies.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302522550","content_text":"(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK) has signed a cooperation agreement with the government of Hangzhou, the city where the company is headquartered, local media reported on Tuesday.China's internet giants have been in the crosshairs of Chinese regulators for the past two years, but authorities have in recent months given increasing signs that relations between the government and China's tech sector will thaw, which would bode well for the sector's prospects.The government-backed Zhejiang Daily reported that at the signing event, local authorities formulated specific measures to help develop the online platform economy.The signing comes just two days after Ant Group Co Ltd (688688.SS), the finance company long affiliated with Alibaba, announced Jack Ma had ceded control of the company.The announcemnt caused shares of Alibaba and other Ant Group affiliated companies to soar, as investors interpreted the move as possible cap to a years-long regulatory crackdown on the Chinese tech industry.On Monday, Guo Shuqing, Communist party chief of the People's Bank of China, was quoted by state broadcaster CCTV as saying that rectification of the financial business of 14 online platform companies has been \"basically completed,\" though he did not name any companies.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370941306,"gmtCreate":1618546799505,"gmtModify":1704712545198,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"Great sharing","listText":"Great sharing","text":"Great sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370941306","repostId":"2127076940","repostType":4,"repost":{"id":"2127076940","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1618537658,"share":"https://ttm.financial/m/news/2127076940?lang=en_US&edition=fundamental","pubTime":"2021-04-16 09:47","market":"us","language":"en","title":"84% Of Warren Buffett's Portfolio In 2021 Is In These 3 Categories","url":"https://stock-news.laohu8.com/highlight/detail?id=2127076940","media":"Benzinga","summary":"The legendary value investor and Berkshire Hathaway chairman Warren Buffett has an unmatched track r","content":"<p>The legendary value investor and Berkshire Hathaway chairman Warren Buffett has an unmatched track record of market-beating returns for more than half a century. The 90 year’s old billionaire, who held $279 billion in stocks says, \"The stock market is a device for transferring money from the impatient to the patient.\"</p>\n<p>He adds further that investing is very simple.</p>\n<p>“You don’t need to be a rocket scientist. Investing is not a game where the guy with a 160 IQ always beats the guy with a 130 IQ. Rationality is essential. You need a stable personality”</p>\n<p>He used a basic value investing strategy to generate a 20.0% average annual return since Berkshire’s inception in 1965, almost double compared to the S&amp;P 500 returns of 10.2%.</p>\n<p>Buffett, who is worth nearly $100 billion according to Forbes, Portfolio Insider &amp; Bloomberg, has been using a concentrated portfolio strategy instead of diversification.</p>\n<p>The legendary investor held 84.29% of the stake in three sectors and his top ten holdings weighted around 88% of the <b>Berkshire Hathaway Inc.</b> (NYSE: BRK-B) portfolio. These three sectors include information technology, finance, and consumer staples.</p>\n<p>What’s more, Buffett’s concentrated portfolio strategy worked even in the most volatile and unpredictable year. His investment holding earned $26.7 billion in net unrealized gains from its existing stock positions during the pandemic year while realized gains came in at $4.5 billion.</p>\n<p>“In aggregate, we expect our share of the huge pile of earnings retained by Berkshire’s non-controlled businesses (what others would label our equity portfolio) to eventually deliver us an equal or greater amount of capital gains. Over our 56-year tenure, that expectation has been met,” Buffett said in an investor letter.</p>\n<p>Let’s start digging into stocks from three sectors Warren Buffett like the most:</p>\n<p><b>Information Technology: 44.25%</b></p>\n<p><b>Apple Inc </b>(NASDAQ: AAPL) represents 44.25% of Berkshire’s portfolio, valued at around $117 billion.</p>\n<p>While Warren Buffett is a value investor and he strictly follows his stock selection criteria, he has now moved his portfolio focus towards growth stocks, thanks to his fund managers Todd Combs and Ted Weschler.</p>\n<p>Nevertheless, Apple’s strong business model played a big role in enhancing Buffett’s confidence.</p>\n<p>“I don’t think of Apple as a stock. I think of it as our third business,” Buffett said. “It’s probably the best business I know in the world. And that is a bigger commitment than we have in any business except insurance and the railroad,” he added.</p>\n<p>Fortunately, the legendary investor’s stock-picking strategy worked in the case of the iPhone maker. Shares of the world’s largest tech giant rallied 380% since Berkshire first initiated a position in Apple in 2016. Apple’s dividend-paying strategy is further adding to shareholders' returns. Berkshire collected more than $770 million in dividend income from Apple.</p>\n<p>The cloud-based data platform <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> Inc. </b>(NYSE: SNOW) represented only a small portion of Buffett's portfolio at the end of the latest quarter. Snowflake is ranked at 21st spot in Buffett’s portfolio and weighted around 0.66%, according to the latest 13F filings.</p>\n<p><b>Financial Sector: 27%</b></p>\n<p>The financial sector is <a href=\"https://laohu8.com/S/AONE\">one</a> of Buffett’s most favorite areas of investment.&nbsp; Although the legendary investors sold out his Goldman Sachs, JP Morgan, and a few other financial stocks positions during the pandemic year, he still holds a big position in several banking and financial services stocks.</p>\n<p>The financial sector accounted for 27% of Berkshire Hathaway's stock portfolio at the end of 2020, down from 43% in the prior year.</p>\n<p>Four out of his top ten positions belong to the financial sector. Bank of America is Buffett’s largest financial stock holding followed by <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Company </b>(NYSE: AXP), <b>Moody’s Corporation</b> (NYSE: MCO), and <b>U.S. Bancorp</b> (NYSE: USB). In total, Berkshire Hathaway held 14 financial-sector stocks positions at the end of 2020. Buffett likes to invest in well-established financial companies due to two main reasons: share price appreciation and dividends.</p>\n<p><b>Consumer Staples: 12.73%</b></p>\n<p>Warren Buffett’s Berkshire has long been holding positions in consumer staples companies amid their steady growth potential. Further bolstering investment thesis in consumer staples companies is their predictable nature of cash generation potential.</p>\n<p>Dividends play a big role in enhancing shareholder's overall returns. Warren Buffett expects to receive $3.8 billion in dividends this year from its portfolio holdings. Berkshire’s third-largest stock holding <b>Coca-Cola Co</b> (NYSE: KO) has lifted dividends in the past 58 straight years.</p>\n<p>Buffett also held a big stake in&nbsp;<b>Kraft Heinz Co</b> (NASDAQ: KHC)&nbsp;since 2015. Despite the latest rally, the shares of the consumer staples company plunged sharply in the last five years, pulling Berkshire's initial $13.8 billion investment in Kraft Heinz&nbsp;to around $11.2 billion at present. Nevertheless, the company’s dividend payments helped to offset the impact of share price loss. The company currently offers a dividend yield of just over 4%.</p>\n<p>All data compiled by PortfolioInsider.com in partnership with Nasdaq.com</p>","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>84% Of Warren Buffett's Portfolio In 2021 Is In These 3 Categories</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\">\n84% Of Warren Buffett's Portfolio In 2021 Is In These 3 Categories\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-16 09:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The legendary value investor and Berkshire Hathaway chairman Warren Buffett has an unmatched track record of market-beating returns for more than half a century. The 90 year’s old billionaire, who held $279 billion in stocks says, \"The stock market is a device for transferring money from the impatient to the patient.\"</p>\n<p>He adds further that investing is very simple.</p>\n<p>“You don’t need to be a rocket scientist. Investing is not a game where the guy with a 160 IQ always beats the guy with a 130 IQ. Rationality is essential. You need a stable personality”</p>\n<p>He used a basic value investing strategy to generate a 20.0% average annual return since Berkshire’s inception in 1965, almost double compared to the S&amp;P 500 returns of 10.2%.</p>\n<p>Buffett, who is worth nearly $100 billion according to Forbes, Portfolio Insider &amp; Bloomberg, has been using a concentrated portfolio strategy instead of diversification.</p>\n<p>The legendary investor held 84.29% of the stake in three sectors and his top ten holdings weighted around 88% of the <b>Berkshire Hathaway Inc.</b> (NYSE: BRK-B) portfolio. These three sectors include information technology, finance, and consumer staples.</p>\n<p>What’s more, Buffett’s concentrated portfolio strategy worked even in the most volatile and unpredictable year. His investment holding earned $26.7 billion in net unrealized gains from its existing stock positions during the pandemic year while realized gains came in at $4.5 billion.</p>\n<p>“In aggregate, we expect our share of the huge pile of earnings retained by Berkshire’s non-controlled businesses (what others would label our equity portfolio) to eventually deliver us an equal or greater amount of capital gains. Over our 56-year tenure, that expectation has been met,” Buffett said in an investor letter.</p>\n<p>Let’s start digging into stocks from three sectors Warren Buffett like the most:</p>\n<p><b>Information Technology: 44.25%</b></p>\n<p><b>Apple Inc </b>(NASDAQ: AAPL) represents 44.25% of Berkshire’s portfolio, valued at around $117 billion.</p>\n<p>While Warren Buffett is a value investor and he strictly follows his stock selection criteria, he has now moved his portfolio focus towards growth stocks, thanks to his fund managers Todd Combs and Ted Weschler.</p>\n<p>Nevertheless, Apple’s strong business model played a big role in enhancing Buffett’s confidence.</p>\n<p>“I don’t think of Apple as a stock. I think of it as our third business,” Buffett said. “It’s probably the best business I know in the world. And that is a bigger commitment than we have in any business except insurance and the railroad,” he added.</p>\n<p>Fortunately, the legendary investor’s stock-picking strategy worked in the case of the iPhone maker. Shares of the world’s largest tech giant rallied 380% since Berkshire first initiated a position in Apple in 2016. Apple’s dividend-paying strategy is further adding to shareholders' returns. Berkshire collected more than $770 million in dividend income from Apple.</p>\n<p>The cloud-based data platform <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> Inc. </b>(NYSE: SNOW) represented only a small portion of Buffett's portfolio at the end of the latest quarter. Snowflake is ranked at 21st spot in Buffett’s portfolio and weighted around 0.66%, according to the latest 13F filings.</p>\n<p><b>Financial Sector: 27%</b></p>\n<p>The financial sector is <a href=\"https://laohu8.com/S/AONE\">one</a> of Buffett’s most favorite areas of investment.&nbsp; Although the legendary investors sold out his Goldman Sachs, JP Morgan, and a few other financial stocks positions during the pandemic year, he still holds a big position in several banking and financial services stocks.</p>\n<p>The financial sector accounted for 27% of Berkshire Hathaway's stock portfolio at the end of 2020, down from 43% in the prior year.</p>\n<p>Four out of his top ten positions belong to the financial sector. Bank of America is Buffett’s largest financial stock holding followed by <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Company </b>(NYSE: AXP), <b>Moody’s Corporation</b> (NYSE: MCO), and <b>U.S. Bancorp</b> (NYSE: USB). In total, Berkshire Hathaway held 14 financial-sector stocks positions at the end of 2020. Buffett likes to invest in well-established financial companies due to two main reasons: share price appreciation and dividends.</p>\n<p><b>Consumer Staples: 12.73%</b></p>\n<p>Warren Buffett’s Berkshire has long been holding positions in consumer staples companies amid their steady growth potential. Further bolstering investment thesis in consumer staples companies is their predictable nature of cash generation potential.</p>\n<p>Dividends play a big role in enhancing shareholder's overall returns. Warren Buffett expects to receive $3.8 billion in dividends this year from its portfolio holdings. Berkshire’s third-largest stock holding <b>Coca-Cola Co</b> (NYSE: KO) has lifted dividends in the past 58 straight years.</p>\n<p>Buffett also held a big stake in&nbsp;<b>Kraft Heinz Co</b> (NASDAQ: KHC)&nbsp;since 2015. Despite the latest rally, the shares of the consumer staples company plunged sharply in the last five years, pulling Berkshire's initial $13.8 billion investment in Kraft Heinz&nbsp;to around $11.2 billion at present. Nevertheless, the company’s dividend payments helped to offset the impact of share price loss. The company currently offers a dividend yield of just over 4%.</p>\n<p>All data compiled by PortfolioInsider.com in partnership with Nasdaq.com</p>\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","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127076940","content_text":"The legendary value investor and Berkshire Hathaway chairman Warren Buffett has an unmatched track record of market-beating returns for more than half a century. The 90 year’s old billionaire, who held $279 billion in stocks says, \"The stock market is a device for transferring money from the impatient to the patient.\"\nHe adds further that investing is very simple.\n“You don’t need to be a rocket scientist. Investing is not a game where the guy with a 160 IQ always beats the guy with a 130 IQ. Rationality is essential. You need a stable personality”\nHe used a basic value investing strategy to generate a 20.0% average annual return since Berkshire’s inception in 1965, almost double compared to the S&P 500 returns of 10.2%.\nBuffett, who is worth nearly $100 billion according to Forbes, Portfolio Insider & Bloomberg, has been using a concentrated portfolio strategy instead of diversification.\nThe legendary investor held 84.29% of the stake in three sectors and his top ten holdings weighted around 88% of the Berkshire Hathaway Inc. (NYSE: BRK-B) portfolio. These three sectors include information technology, finance, and consumer staples.\nWhat’s more, Buffett’s concentrated portfolio strategy worked even in the most volatile and unpredictable year. His investment holding earned $26.7 billion in net unrealized gains from its existing stock positions during the pandemic year while realized gains came in at $4.5 billion.\n“In aggregate, we expect our share of the huge pile of earnings retained by Berkshire’s non-controlled businesses (what others would label our equity portfolio) to eventually deliver us an equal or greater amount of capital gains. Over our 56-year tenure, that expectation has been met,” Buffett said in an investor letter.\nLet’s start digging into stocks from three sectors Warren Buffett like the most:\nInformation Technology: 44.25%\nApple Inc (NASDAQ: AAPL) represents 44.25% of Berkshire’s portfolio, valued at around $117 billion.\nWhile Warren Buffett is a value investor and he strictly follows his stock selection criteria, he has now moved his portfolio focus towards growth stocks, thanks to his fund managers Todd Combs and Ted Weschler.\nNevertheless, Apple’s strong business model played a big role in enhancing Buffett’s confidence.\n“I don’t think of Apple as a stock. I think of it as our third business,” Buffett said. “It’s probably the best business I know in the world. And that is a bigger commitment than we have in any business except insurance and the railroad,” he added.\nFortunately, the legendary investor’s stock-picking strategy worked in the case of the iPhone maker. Shares of the world’s largest tech giant rallied 380% since Berkshire first initiated a position in Apple in 2016. Apple’s dividend-paying strategy is further adding to shareholders' returns. Berkshire collected more than $770 million in dividend income from Apple.\nThe cloud-based data platform Snowflake Inc. (NYSE: SNOW) represented only a small portion of Buffett's portfolio at the end of the latest quarter. Snowflake is ranked at 21st spot in Buffett’s portfolio and weighted around 0.66%, according to the latest 13F filings.\nFinancial Sector: 27%\nThe financial sector is one of Buffett’s most favorite areas of investment.  Although the legendary investors sold out his Goldman Sachs, JP Morgan, and a few other financial stocks positions during the pandemic year, he still holds a big position in several banking and financial services stocks.\nThe financial sector accounted for 27% of Berkshire Hathaway's stock portfolio at the end of 2020, down from 43% in the prior year.\nFour out of his top ten positions belong to the financial sector. Bank of America is Buffett’s largest financial stock holding followed by American Express Company (NYSE: AXP), Moody’s Corporation (NYSE: MCO), and U.S. Bancorp (NYSE: USB). In total, Berkshire Hathaway held 14 financial-sector stocks positions at the end of 2020. Buffett likes to invest in well-established financial companies due to two main reasons: share price appreciation and dividends.\nConsumer Staples: 12.73%\nWarren Buffett’s Berkshire has long been holding positions in consumer staples companies amid their steady growth potential. Further bolstering investment thesis in consumer staples companies is their predictable nature of cash generation potential.\nDividends play a big role in enhancing shareholder's overall returns. Warren Buffett expects to receive $3.8 billion in dividends this year from its portfolio holdings. Berkshire’s third-largest stock holding Coca-Cola Co (NYSE: KO) has lifted dividends in the past 58 straight years.\nBuffett also held a big stake in Kraft Heinz Co (NASDAQ: KHC) since 2015. Despite the latest rally, the shares of the consumer staples company plunged sharply in the last five years, pulling Berkshire's initial $13.8 billion investment in Kraft Heinz to around $11.2 billion at present. Nevertheless, the company’s dividend payments helped to offset the impact of share price loss. The company currently offers a dividend yield of just over 4%.\nAll data compiled by PortfolioInsider.com in partnership with Nasdaq.com","news_type":1,"symbols_score_info":{"BRK.A":0.9,"AAPL":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897975646,"gmtCreate":1628872087185,"gmtModify":1676529883058,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"Agreee","listText":"Agreee","text":"Agreee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/897975646","repostId":"1100082773","repostType":4,"isVote":1,"tweetType":1,"viewCount":1240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109498640,"gmtCreate":1619708178280,"gmtModify":1704271200503,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>the only gain I have now","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>the only gain I have now","text":"$Apple(AAPL)$the only gain I have now","images":[{"img":"https://static.tigerbbs.com/af522cf24bc8133701c4593df847a888","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/109498640","isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":347518941,"gmtCreate":1618501002183,"gmtModify":1704711940196,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"Haha❤️","listText":"Haha❤️","text":"Haha❤️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347518941","repostId":"1176797324","repostType":4,"repost":{"id":"1176797324","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618500878,"share":"https://ttm.financial/m/news/1176797324?lang=en_US&edition=fundamental","pubTime":"2021-04-15 23:34","market":"us","language":"en","title":"AMD rose about 4% in morning  trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1176797324","media":"Tiger Newspress","summary":" Seeing it unlikely that Intel will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices with an Outperformrating and $100 price target.Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.Caso says the current roadmaps show an advantage for AMD and foundry partner TSMC through at least 2024","content":"<p>(April 15)&nbsp;Seeing it unlikely that Intel&nbsp;will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD)&nbsp;with an Outperformrating and $100 price target.</p><p>Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.</p><p>Caso says the current roadmaps show an advantage for AMD&nbsp;and foundry partner TSMC&nbsp;through at least 2024.</p><p>AMD&nbsp;shares are&nbsp;up 4.1%&nbsp;to $81.77.</p><p>Raymond James downgraded Intel, bearish on thefoundry push.</p><p><img src=\"https://static.tigerbbs.com/3306c7bcf6759c07b50e1e336e351292\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1b5e1cc67b2dbef65f87d6acdee47b05\" tg-width=\"921\" tg-height=\"93\" referrerpolicy=\"no-referrer\"></p><p></p>","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>AMD rose about 4% in morning  trading</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\">\nAMD rose about 4% in morning  trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-15 23:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 15)&nbsp;Seeing it unlikely that Intel&nbsp;will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD)&nbsp;with an Outperformrating and $100 price target.</p><p>Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.</p><p>Caso says the current roadmaps show an advantage for AMD&nbsp;and foundry partner TSMC&nbsp;through at least 2024.</p><p>AMD&nbsp;shares are&nbsp;up 4.1%&nbsp;to $81.77.</p><p>Raymond James downgraded Intel, bearish on thefoundry push.</p><p><img src=\"https://static.tigerbbs.com/3306c7bcf6759c07b50e1e336e351292\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1b5e1cc67b2dbef65f87d6acdee47b05\" tg-width=\"921\" tg-height=\"93\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176797324","content_text":"(April 15) Seeing it unlikely that Intel will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD) with an Outperformrating and $100 price target.Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.Caso says the current roadmaps show an advantage for AMD and foundry partner TSMC through at least 2024.AMD shares are up 4.1% to $81.77.Raymond James downgraded Intel, bearish on thefoundry push.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191071174,"gmtCreate":1620830584798,"gmtModify":1704349076455,"author":{"id":"3577281524498438","authorId":"3577281524498438","name":"Ivan_yew85","avatar":"https://static.tigerbbs.com/cf83093da2a28f2a06c771bf129ab791","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577281524498438","idStr":"3577281524498438"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share 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href=\"https://laohu8.com/S/GBTC\">$比特幣基金(GBTC)$</a><a href=\"https://laohu8.com/S/NIO\">$蔚來(NIO)$</a><a href=\"https://laohu8.com/S/LI\">$理想汽車(LI)$</a><a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a><a href=\"https://laohu8.com/S/XPEV\">$小鵬汽車(XPEV)$</a>","text":"今天公佈一則偶空間站內的警示貼[呆住] 大概率又將命中…[DOGE] 另外，我就想看看那些某某某某幣，最終會埋多少人[打臉] 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href=\"https://laohu8.com/S/AAPL\">$蘋果(AAPL)$</a>","text":"蘋果春季發佈會，推出了全新款的彩色iMac、搭載M1芯片的 iPad Pro、AirTag藍牙防丟器等產品，更令人驚喜的是iPhone12紫色。不過，你最中意哪款新品呢？快點開視頻看看吧～[吃瓜]$蘋果(AAPL)$","images":[{"img":"https://static.tigerbbs.com/e5506bc9b6df31a9520377d2e7fdd101","width":"0","height":"0"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371787268","isVote":1,"tweetType":2,"object":{"id":"bf3373eee4c1478da1de3f1ce245fb70","tweetId":"371787268","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/65e10b165285890817236368376/rCDUgajDtCcA.mp4","poster":"https://static.tigerbbs.com/e5506bc9b6df31a9520377d2e7fdd101"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}