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.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
I have often been asked to name my best idea by people who have not heard much about me apparently. Regular readers know that I am a very b...
-
As a dividend growth investor, I have owned shares in major tobacco companies such as Altria (MO) , Phillip Morris International (PM) and B...
-
I review the list of dividend increases every week, as part of my review process. I focus my attention on companies that raised dividends i...
-
Terry Smith is a British fund manager, who has an impressive track record over the past decade at the fund he founded, Fundsmith. Some call ...
-
I review the list of dividend increases every week, as part of my portfolio monitoring process. I leverage several of my dividend investing ...
-
In my previous article, I discussed in brief how I come up with investment ideas . I also wanted to share with you my general philosophy on ...
-
There were several companies over the past week which announced their intent to raise dividends to shareholders. It is always great to see c...
-
My monitoring process involves reviewing notable information for companies on my watchlist and companies on my portfolio. A fairly significa...
-
Phil Fisher is one of the best investors in the world. He managed portfolios for a small group of clients over a period of several decades. ...
-
The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years ...
No comments:
Post a Comment
Questions or comments? You can reach out to me at my website address name at gmail dot com.