Even though it is Memorial Day Weekend and the US markets are closed, markets around the world are open for business. There’s some news on CNN, where Bufett is quoted as saying that the US is in a recession.
"I believe that we are already in a recession," Buffet was quoted as saying. "Perhaps not in the sense as defined by economists. ... But people are already feeling the effects of a recession."
"It will be deeper and longer than what many think," he added.
My belief is that Buffet, who knows that markets listen to his every word, is trying to create a self-fulfilling prophecy. His gain would be buying some good quality companies stock at a bargain.
There are rumors floating around that InBev will be buying Anheuser- Busch (BUD) at $65/share. The stock is currently trading at about 36.35 euro/share in Germany, which at 1.5771 US Dollars per Euro equals to about $57.33, or about a 2% increase over last Fridays close.
It’s very intriguing that BUD is the second dividend aristocrat that might be taken over this year, after WWY agreed to be bought by a consortium of Mars Inc and Warren Buffet. Both companies are every value investors dream come true- strong, easily recognizable brand, stable business model as well as long history of paying increasing dividends. The issue with dividend aristocrats is that there are many great value companies within this list. Thus, they could potentially attract competitors, which will buy them at a record price, which will actually turn out to be a bargain in the long term. The dividend investor would have to look for new opportunities for his or her money as a result of the abovementioned happenings.
And last but not least,this Memorial Day I wanted to thank everyone who has fought, or is fighting for the right of american people to live in a free democratic country.
Popular Posts
-
The Best Performing Dividend Aristocrat over the past decade is a boring business that few ever talk about The company is Cintas (CTAS), wh...
-
Altria (MO) reached an all time high of $77.79/share in 2017 Today, the stock sells for $53.50/share If you look at prices alone, you can re...
-
Five years ago, Realty Income $O sold at $70/share. Today, the stock sells at $60/share. Someone who invested 5 years ago and reinvested tho...
-
I review the list of dividend increases every week in an effort to monitor existing companies I own and potentially identify companies for f...
-
I review dividend increases weekly, as part of my monitoring process. This exercise helps to keep me informed on developments from companies...
-
According to Buffett, his biggest mistakes by far have been mistakes of omission. For example, in a talk founder Bill Gates in 1998 at the U...
-
I review the list of dividend increases every week, as part of my monitoring process. This exercise helps me monitor existing holdings and i...
-
The companies that do well, look out five, six, seven years, and some decisions they make may not be the right thing for the next year.” Pet...
-
Dividend growth investing is a simple but effective strategy. It is widely misunderstood too. As a Dividend Growth Investor, I look for comp...
-
Warren Buffett turns 94 today! The super-investor from Omaha has achieved quite the investment record at Buffett Partnership and Berkshire H...
