Passive mutual funds deliver up to 98% returns in FY24. Is active investing useless?

ETMutualFunds reviewed the performance of passive mutual funds in FY24 (April 1, 2023 to date). They have offered an average return of around 34.86% during the period. CPSE ETF, the topper on the list, offered 97.76% in FY24. Motilal Oswal S&P BSE Enhanced Value ETF offered 86.87%. Around 80 passive mutual funds have given over … Read more

Want to invest in Warren Buffett style? Take a look at these 8 Indian stocks – ​Buffettology

Eicher Motors. Share Price 3882.80 09:41 AM | 20 Mar 2024 165.96(4.47%) Maruti Suzuki India. Share Price 11884.75 09:41 AM | 20 Mar 2024 287.71(2.49%) Bharat Petroleum Corporation. Share Price 570.85 09:41 AM | 20 Mar 2024 13.15(2.36%) IndusInd Bank. Share Price 1462.05 09:41 AM | 20 Mar 2024 27.96(1.95%) Bajaj Auto. Share Price 8772.90 … Read more

Mutual funds have Rs 1.3 lakh crore cash, Warren Buffett $168 billion. What about you?

As investors continue to pour money into stocks and equity funds, asset managers are raising more cash in their portfolios. February month data shows that the total cash pile at equity mutual funds rose for the second consecutive month to 4.82% of total assets under management (AUM) at Rs 1.33 lakh crore. SBI Mutual Fund … Read more

Brooks Running CEO Jim Weber to step down

COO and President Dan Sheridan of Brooks Running Courtesy: Brooks The longtime CEO of Berkshire Hathaway’s Brooks Running, Jim Weber, is stepping down after more than 20 years in the top job, the company will announce Tuesday.  Brooks veteran Dan Sheridan, who started at the running company in a marketing role in 1998 and worked … Read more

Berkshire shares jump after big profit gain as Buffett’s conglomerate nears $1 trillion valuation

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway shares rose on Monday after Warren Buffett’s conglomerate posted strong earnings for the fourth quarter over the weekend. Berkshire’s Class A and B shares jumped more than 1.5%, each. Class A shares are … Read more

Berkshire Hathaway: Warren Buffett tells investors to ignore Wall Street pundits while paying tribute to Charlie Munger

OMAHA: Warren Buffett credited his longtime partner – the late Charlie Munger – with being the architect of the Berkshire Hathaway conglomerate he’s received the credit for leading and warned shareholders in his annual letter not to listen to Wall Street pundits or financial advisors who urge them to trade often. Buffett also recounted how … Read more

Japan’s Nikkei hits all-time high on reforms, robust corporate earnings

Pedestrians walking across with crowded traffic at Shibuya crossing square. Jaczhou | E+ | Getty Images Japan’s Nikkei 225 hit a record high on Thursday as robust corporate profitability and steps aimed at boosting investor returns fuel a blistering rally in Japanese equities this year. The Nikkei 225 hit 38,924.88, surpassing the previous record high … Read more

Successful people share pattern recognition skill

Have you ever met someone who knew the outcome of a situation before it even happened?  They aren’t psychic or able to see the future. Instead, they recognize and learn from patterns, a skill that highly successful people implement, according to billionaire Michael Rubin. Rubin is the CEO and founder of sports merchandise retailer Fanatics, … Read more

World’s five richest men have doubled their wealth since 2020: Oxfam

Jeff Bezos looks on from the sidlines before kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas City, Missouri. The Amazon founder and chairman is one of the world’s richest men. Cooper Neill | Getty Images Sport | Getty Images The world’s … Read more

Trial canceled in Berkshire Hathaway suit by Haslam family

Jimmy Haslam, CEO of Pilot Flying J. and Warren Buffett, Chairman and CEO of Berkshire Hathaway. Lacy O’Toole | CNBC A billion-dollar trial that was to determine if Berkshire Hathaway improperly used an accounting method that would significantly short-change the Haslam family in a purchase of the family’s remaining minority stake in Pilot Travel Centers … Read more