5 Stock Picks That Warren Buffett Has Blown

Investors need to remember that Warren Buffett gets it wrong and changes his mind

Warren Buffett is considered by many to be one of the greatest if not the greatest investor in history. Consider that shares of Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B) sold at their IPO in the 1960s for $19, which predated Buffett’s involvement. BRK.A recently changed hands for $245,000, an astounding return of more than 129,000%. That’s a track record that many of the hedge fund tycoons who swear admiration for the Oracle of Omaha couldn’t come close to matching if the flow of funds data is to be believed.

The octogenarian billionaire, though, isn’t perfect. Were you to meet him, I would imagine that Buffett would be the first to admit that he is mortal.

He has made many mistakes during his storied career. Sometimes, he has failed to understand macroeconomic trends and other times he has been stuck with a management team that failed to deliver the performance that he expected.

Warren Buffett also changes his mind.

Buffett has made a huge push into airlines in recent years after showing disdain for the sector for decades. Also, Buffett has also gotten over his aversion to technology and now owns 133,000 shares of Apple Inc. (NASDAQ:AAPL). He also has recently unloaded his most of stake in Wal-Mart Stores Inc (NYSE:WMT), deciding correctly that traditional retailers are going to be screwed over the long run by Amazon.com, Inc. (NASDAQ:AMZN).

In some cases, such as The Coca-Cola Co (NYSE:KO), Buffett seems to be oblivious to the growing consumer unease about the health issues associated with consuming carbonated beverages. The Cherry Coke-loving investor has been associated with KO for decades and now owns more than 9% of the Atlanta-based company.

When Buffett first bought Coca-Cola in 1988, it traded for $2.50 per share adjusted for stock splits. KO now trades for about $43.53. That’s obviously a win for Buffett’s value investing approach. KO, though, hasn’t been much of a plus lately since KO stock has underperformed the broader market for the last 5 years.

Below are examples of investments that didn’t go Buffett’s way. They are in no particular order.

NEXT: 1. BERKSHIRE HATHAWAY

Source: InvestorPlace

शेयर बजारका पिता वॉरेन बफेटबाट युवाले सिक्नै पर्ने कुरा ।

अमेरिकीको वॉरेन बफेटको नाम नसुन्ने शेयर लगानीकर्ता संसारमा कमै होलान् । कुनै यस्तो कारोबार पत्रिका, अखबार , टीभी च्यानल छैन जसमा उनी बारे चर्चा नभएको होस् । बिल गेट र कार्लोस स्लिमपछि वॉरेन संसारको तेस्रो सबैभन्दा ठुलो उचाईमा पुगेका व्यक्तिको रुपमा लिइन्छ । वॉरेन बफेट आज संसारको सबैभन्दा धनी मानिन्छन् । यहा हामी वॉरेन बफेट धनपति हुनुको कारण बारे चर्चा गरिरहेका छैनौं । अथाह सम्पतिको मालिक भएपनि उनको जीवन शैलीको कुरा गर्दैछौ ।

Read more: शेयर बजारका पिता वॉरेन बफेटबाट युवाले सिक्नै पर्ने कुरा ।

Source: aarthiknews

यसरी बदलियो एउटा सपना २५ अर्बको सम्पत्तिमा !

उनले आफ्नो करिअर अरु सामान्य कलेज जीवन जस्तै बिताए । त्यतिबेला उनीसँग पैसा थिएन, जीवनमा के गर्ने भन्ने लक्ष्य थिएन र आफ्नो जीवन पूर्ण रुपमा एकाउण्टेण्टको जागिरमै बित्ने जस्तो उनको अवस्था थियो । तर यो केमा बदलियो भन्दा एउटा अभूतपूर्ण अमेरिकी व्यापारीको सफलताको कथामा जसले सय अर्बको स्पोर्टसवेयरको भव्य कम्पनी बन्न सफल भयो । यो सफलताको कथा नाइकी कम्पनीका सहसंस्थापक फिल नाइटको हो, जसले आफ्नो पागलपन जस्तो लाग्ने सपनालाई यथार्थतामा बदले । यी ७८ वर्षीय धनाढ्यले नाइकीको सफलता पछाडिको कहानी आफ्नो नयाँ संस्मरण ‘शु डग’मा उल्लेख गरेका छन् ।

Read more: यसरी बदलियो एउटा सपना २५ अर्बको सम्पत्तिमा !

Source: arthatantra

Meet the Man Who Lost $14 Billion in 30 Minutes (with Video)

May 20th was a very bad day for Li Hejun.

Most of us would be dismayed at losing $14 in thirty minutes, much less $14 billion. One of China’s richest men recently did just that, losing $14 billion due to a stock collapse.

Unless you have been keeping up on foreign solar energy stocks or the Hong Kong stock market, you have probably never heard of Li Hejun or Hanergy Thin Film Power Group Ltd.

Read more: Meet the Man Who Lost $14 Billion in 30 Minutes (with Video)

Li Hejun, Chairman and CEO of Hanergy Holding Group Limited, attends a press conference
at the headquarters of Hanergy Holding Group in Beijing, China, June 17, 2015.

Watch Video: Having A Bad Day? This Businessman Just Lost $14 Billion in Half an Hour

Source: time.com/money

10 Things Found In Warren Buffett’s Office

The nondescript office that sits at the end of a long, narrow hallway at Berkshire Hathaway’s Omaha, Nebraska headquarters is understated, to say the least. Neither its size nor its level of decor gives any hint as to its occupant’s identity.

It would be perfectly reasonable to assume it was the domain of a mid-level executive in a generic corporation, yet this is no ordinary office, it is the office of Warren Buffett, the billionaire investor and sometimes richest man in the world.

Read more: 10 Things Found In Warren Buffett’s Office

Source: sparkfin

भाग्यले साथ दिएर अर्बपति बनेका उपेन्द्र महतो ।

उपेन्द्र महतो, पूर्व एनआएन अध्यक्ष उनी नेपालकै सबैभन्दा धनी मध्येका एक हुन् । जसोतसो एक हजार डलर जम्मा पारेर सुरु गरेको उनको व्यापारले अहिले आधा विश्व ढाक्ने क्रममा छ । परिवारका साथ रसियामा बस्दै आएका उनले रसिया र नेपालमा अथाहा सम्पत्ति लगानी गरेका छन् ।

सिराहा जिल्लाको एउटा सामान्य गाउँ कर्जनहामा पिता श्री रामआशिष महतो तथा माता स्वर्गीय श्रीमती फूलकुमारी महतोको सन्तानको रुपमा सन १९६०मा उनको जन्म भएको थियो । साधारण किसान परिवारमा जन्मेका उनले त्यहीँ विद्यालयस्तरको शिक्षा पूरा गरेका थिए ।

त्यसपछि ललितपुर स्थित पुल्चोक इन्जिनियरिङ क्याम्पसमा सिभिल इन्जिनियरिङ पढेका थिए । पास गरेपछि एक वर्ष सुनसरी मोरङ सिँचाइ आयोजनामा ओभरसियरको काम गरेका उपेन्द्रले काम गर्दागर्दै तत्कालीन सोभियत संघमा पढ्नका लागि छात्रवृत्ति पाएर रुस पुगेका थिए, जहाँ उनले जलविद्युत्मा एमई र पछि पिएचडी गरे ।

Read more: भाग्यले साथ दिएर अर्बपति बनेका उपेन्द्र महतो ।

Source: arthatantra