Early Tesla Backer and Top Fund Manager Attacks Warren Buffett’s Strategy. Here’s His Investing Advice. (Market Watch)
James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices. Scottish Mortgage manager James Anderson took aim at value investing, the strategy espoused by the likes of Warren Buffett. One of the U.K.’s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets. Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual results of Scottish Mortgage Investment Trust.
Hedge Fund Legend Stanley Druckenmiller Says Crypto Could Replace US Dollar As Global Reserve Asset (Daily Hodl)
The chairman and chief investment officer of the Duquesne Family Office, Stanley Druckenmiller, believes that the future of the US dollar as the world’s reserve currency is under threat from cryptocurrencies. In a CNBC interview, Druckenmiller confirms his view that a “crypto-derived ledger system” is likely to take the dollar’s place as a global reserve asset.
Systematic Crypto Arb Hedge Fund Manager Argentium appoints “Big Hitters” to Advisory Board (PRNewswire)
LONDON, May 14, 2021 /PRNewswire/ — Emi Lorincz has been appointed as a Senior Advisor on Cryptomarkets. Ms Lorincz started her career at Morgan Stanley, then moved to aircraft financing at GE Capital and later to commodity trading at Eni. She is currently Director, Business Development for Ledger and a Board Member of the Crypto Valley Association. Bringing a wealth of experience from the traditional markets and a dedication to increasing the usage and adoption of cryptocurrencies, Ms Lorincz is also serving on the council of the Bancor Foundation.
The Divisional Chief Operating Officer of Thomson Reuters (NYSE: TRI) is Selling Shares (Analyst Ratings)
Yesterday, the Divisional Chief Operating Officer of Thomson Reuters (TRI), Brian S Peccarelli, sold shares of TRI for $1.6M. Following Brian S Peccarelli’s last TRI Sell transaction on September 07, 2020, the stock climbed by 18.9%. Based on Thomson Reuters’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.58 billion and quarterly net profit of $5.04 billion.
Advanced Micro Devices Inc (AMD) President & CEO Lisa T Su Sold $9.4 million of Shares (Guru Focus)
President & CEO of Advanced Micro Devices Inc, Lisa T Su, sold 125,000 shares of AMD on 05/11/2021 at an average price of $75 a share. The total sale was $9.4 million.
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