Larry Robbins, a billionaire, has been working aggressively on adjusting his stock portfolio to enhance investment returns. In the September quarter, Robbins slashed its portfolio position in 27 different stocks and also sold some stakes in his 6 stocks. During the previous quarter, this hedge fund has purchased just 7 new stocks and added more stake in 9 previous positions. Glenview Capital Management which was established in 2000, is in search of gaining absolute returns by concentrating on basic research. Robbins, in his investor letter as shared in the post by Insider Monkey, has highlighted his particular philosophy of investment…
Author: Nazia
CEO of the investment firm, Omega Advisors, Leon Cooperman is of the view that there is no depreciation in the stock markets. The 77 years old self-made billionaire transformed his hedge fund into his office way back in the year 2018. He did it because Cooperman feels that he is not interested to chase S&P 500 for his remaining life. The Omega hedge fund of Leon Cooperman generated over 12% returns since the company started operations in 2018. Before forming his own company, Cooperman worked at Goldman Sachs for almost 25 years. He recently appeared in a TV show where…
It seems like autonomous cars will be the future of the world because several companies like Tesla, Google and few others are experimenting their driverless vehicles. A driverless vehicle is defined as a car which can operate without the involvement of any human being. The vehicle is programmed with specific sensors, algorithms, and software commands. Driverless vehicles are still in the experimenting mode as analysts do not think them suitable for the environment because accidents cannot be prevented in this case. According to sources, by the year 2030, the share of driverless vehicles will increase to $60 billion. A study…
The stock index, popularly known as The Dow Jones Industrial Average is live for period of over a hundred years. The existence of this index is used as a standard to review the overall health of the stock market. One can ascertain the importance of this stock index by the fact that Dow Jones is quoted by every analyst to review and describe the market position. Apart from Dow Jones, S&P 500 is another popular stock index. The reason behind the popularity of Dow Jones for being popular is that this index was primarily designed to describe the overall health…
Do you want to have a virtual tour of the safest cities located in the USA? We are going to present a list of the 10 safest cities in the USA as reviewed by Insider Monkey in a Yahoo post. At the time of moving to a new city, there are a number of important factors that should be taken into account. When you get a chance to avail newly available opportunities and you begin looking at the map to look for some ideal place, then there are some key principles and rules to follow. All of the principles are…
It was during my primary days at school, almost around 2 decades ago, when teachers and various people used to talk about climate change and the impact which we have started to experience. At that time, people did not take it seriously as many considered it as useless and the impact of this change will not be felt ever. Now, everyone is seen talking about climate change and people started to take it seriously. We can see hot summers and shivering winters and devastating storms and flooding. All these unusual weather patterns are due to climate change. Sincelong, we have…
There are many car lovers in the world. Some of them just like to buy a new model whenever it arrives in the market while others spend a lot of money to get the most expensive, biggest and the luxurious cars with all the advanced features of the automobile industry. Sources claim that the automobile industry has grown to a titan in recent years as buying a car has become a necessity. Automobile manufacturing is a revenue-generating industry for any economy. This industry, according to a survey, captured approx 3% of America’s GDP. When it comes to big and large…
Things have changed a lot around us. When we used to be kids, it was difficult to buy a simple phone with an MP3 player and a camera. But possessing a mobile phone these days is very common. It is a reality that having the most popular and expensive mobile phone is no less than a status symbol similar to having a luxury car and a palatial house. I come across several people daily who are scolded by their fellows for being in possession of an older and cheaper handset. With the ever increasing mobile phone trend, several big companies…
The popularity of natural gas is growing rapidly as a form of the energy source as it is helpful for the world in 2 aspects; first is that it minimizes the negative influence of the worldwide climatic changes, and secondly, this is the cheaper alternative source for fossil fuels which assists in high-level economic development. Natural gas is regarded as eco-friendly as it is emitting 50% less amount of carbon dioxide as compared to coal when it is burnt and therefore, this is termed as ‘clean fuel’. This article is based on the list of 15 biggest natural gas companies…
No doubt that the outgoing year 2020 was worse in terms of the global economy and business due to the COVID-19 pandemic. The pandemic caused irreparable loss to the global economy and rendered hundreds and thousands of people jobless. It caused destruction and devastation in various sectors and the air aviation or the travel industry was among the worst hit due to this pandemic. Due to intermittent lockdowns in different parts of the world, people were confined to their homes and were able to go out and shop for necessary items. Analysts are optimistic that the travel industry will gain…
Do you like fiction? Would it be amazing for you to know about fictional companies behind some of the interesting characters like Looney Tunes and Iron Man? In the past and now-a-days too, when we were kids, some of the characters used to captivate our minds through brilliant planning and activities. The minds behind all these characters perfectly planned and launched these characters and kept the kids craving for things like costumes, toys and similar character-themed items. These fictional companies employed highly creative CEOs and other staff to keep their audience intact. It is a reality that the characters were…
All of you might be familiar with the term E-commerce. It is defined as a business that is carried out on a website or a platform on the internet. People are able to sell and purchase products on the internet. E-commerce platforms help sellers to market their products in wider terms irrespective of the geography. With availability of technological gadgets, e-commerce is becoming widely popular across the globe. According to sources, around 1.92 billion customers purchased various products and services on the internet during the year 2019. Likewise, in the same year, the global sales on the internet were recorded…