Tags » Profits

BUFFETT: The hedge fund industry's biggest profits are going to managers, not their clients

(Source: www.businessinsider.sg)

Warren Buffett is not a fan of hedge funds and the high fees they charge clients for the promise of outperformance. 

“When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients,” Buffett said in his annual shareholder… 370 more words

Money Matters

Primark owner AB Foods keeps earnings guidance

Associated British Foods has maintained its full-year earnings guidance, with sales growth at its Primark discount fashion retailer supported by better performances in its sugar, grocery and ingredients businesses.

8 more words
Scoop.it

Store vs Name Brand

This is mainly about food or other groceries. However, this could be items outside that. If you want easy money savings, this is a great place to start. 107 more words

Corporate Earnings Go Up In Smoke

How quickly things change. It was just two weeks ago that corporate earnings on the S&P 500 Index was coasting toward its first truly strong quarter of corporate earnings growth in more than two years. 46 more words

Market Outlook

Automate :(

You’re either the ones that creates automation or you’re getting automated.

—  Tom Preston-Werner

ROBO OR HUMANS: TALENT WARS

When we heard this name first time we thought that this will be the beginning of a new era and this will end human civilisation and lot of crazy kinds of stuff like robots, sci-fi technology, in high-tech cars etc.

583 more words
Apes

Bank of Ireland reports fall in 2016 profits

Bank of Ireland has reported an underlying profit of €1.071 billion for the year to the end of December, down from the €1.2 billion profit the previous year.

8 more words
Scoop.it