What is Warren Buffett’s investment philosophy?

first_img “This Stock Could Be Like Buying Amazon in 1997” See all posts by T Sligo Image source: The Motley Fool Warren Buffett is an investing legend.From 2008 to 2018, his company, Berkshire Hathaway, cumulatively returned 119.7% in comparison to the S&P 500 Index returns of 73.2%. This is a huge difference and goes some way to explaining the Sage of Omaha’s vast wealth.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…As individual investors, we are lucky that over the years he has shared some of his wisdom and insight in interviews and letters to shareholders.So, what do we know about Warren Buffett’s investment philosophy?Buy what you knowHistorically, Buffett has only invested in businesses that he understands. If you look at some of the past companies he has bought a share of, you will note that many are operating in traditional industries like consumables, banking, and insurance.If you don’t understand how a business makes its money, then you cannot grapple with the dynamics of its industry and where it comes under threat from competitors. If he doesn’t understand how a business can return value to an investor, he moves on to another opportunity. This strategy has helped Buffett avoid disasters like the dot-com bubble. Wonderful companyAs a value investor, Warren Buffett’s priority is finding wonderful companies. He has stated that “it is better to buy a wonderful company at a fair price than a fair company at a wonderful price”.Although he’d rather buy a company trading at a price below its intrinsic value, I think he realises sometimes quality businesses are only ever valued fairly.His investing style has evolved since his early years when he would seek out “cigar butt” companies. Normally, these businesses had suffered from a previous hiccup but might offer a final glimmer for the investor to sell at a nice profit – like a cigar butt found on the street, only offering one last puff.Buy stocks as if you are buying the whole businessAnother piece of Buffett advice is to imagine you are buying the whole business. If you’re anything like me, thinking like this will make your due-diligence checks more thorough. For example, you’ll probably look at the management of the company in more detail.A quick internet search of the CEO of a company could spring up an interesting fact about their qualifications for the role. The more knowledge you have about the company, the better.Favourite holding periodBuffett has stated that his preferred holding period is forever. He doesn’t buy a company with a mind to how much it will be worth in the future.I think this principle leads an investor to stop chasing the next big thing and unwittingly buying into a bubble.I believe Buffett’s advice helps to take some of the adrenaline and emotion out of investing. It’s best to slow things down and take a moment to ensure you’re making a decision that you are comfortable with. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address T Sligo | Monday, 27th January, 2020 | More on: BRK-A BRK-B I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img T Sligo has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Berkshire Hathaway (B shares) and recommends the following options: long January 2021 $200 calls on Berkshire Hathaway (B shares), short January 2021 $200 puts on Berkshire Hathaway (B shares), and short March 2020 $225 calls on Berkshire Hathaway (B shares). Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares What is Warren Buffett’s investment philosophy? Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this.last_img read more

3 things to do when you’re the new boss

first_imgEven if you’re an experienced manager, when you take a new position (with a new staff), there will be an adjustment period for your employees. Bosses come and go, and employees have to get used to the different management styles that bosses tend to have. If you’re in a new leadership position, here are a few things you can do to make the adjustment easier for your staff.Don’t believe everything you hear: There’s nothing wrong with asking questions and finding out what you can about your new staff, but don’t believe everything you hear. Other managers have probably formed opinions and ideas about certain employees that may not be completely fair. It’s okay to listen to what others have to say, but don’t make up your mind about anyone before you’ve had the chance to get to know them yourself.Engage your new staff immediately: The best way to help your team start adjusting is to start the process of familiarizing yourself with your team, and vice versa. Having some easy one-on-one meetings or lunches is a great way to learn more about your staff and to start building relationships with each employee. It’s also good to learn what motivates each employee, so you can do what’s needed to help keep them that way.Trust freely: You have a staff that you need to be able to trust to help accomplish your team goals. If you start out being too hands-on, you’ll give your employees the impression that you’re a micro-manager, and that’s not good for anyone. Be available, encouraging, and present, but allow your employees the freedom and space to get things done. 56SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,John Pettit John Pettit is the Managing Editor for CUInsight.com. John manages the content on the site, including current news, editorial, press releases, jobs and events. He keeps the credit union … Web: www.cuinsight.com Detailslast_img read more

Literacy Volunteers Teaching Skills for 30 Years

first_imgBy Judy O’Gorman AlvarezLiteracy Volunteers of Mon­mouth County (LVMC) has been teaching adults in the Two River area to improve their literacy skills for 30 years.What started in 1983 as a handful of volunteer tutors teaching basic literacy students, has grown into an organization to include 133 active tutors who serve about 612 basic literacy and English as a Second Language (ESL) students.“We’ve grown in leaps and bounds,” says Rebecca Lucas, LVMC director.Trained volunteers work one-on-one or in groups to help adults improve their writing, reading and speaking skills.Literacy Volunteers of Monmouth County honorees (from left) Carl DeJura, Sarah Wilson Stewart and Ted Nappi, at the organization’s recent annual fundraising dinner.It was three decades ago that a small group of Mon­mouth County residents, trying to address the needs of low-income adults, began offering free tutoring to improve reading and writing skills. Now LVMC is a nonprofit charitable organization accredited by ProLiteracy, the largest adult literacy organization in the United States.Divided into two groups of learners, LVMC helps the students meet their own individual literacy goals. The Adult Basic Education program is for people who lack an acceptable grade level of basic reading, writing and math skills. They may suffer from learning issues or were somehow overlooked in the education system. Often they have high school diplomas and longstanding careers, yet they never mastered foundational literary skills.The second group, English as a Second Language (ESL) students, are foreign-born New Jersey residents learning to fit in with their new environment. LVMC serves people from more than 39 countries helping them improve their language and literary skills.Students have various goals: Some may want to apply for U.S. citizenship or a drivers’ license or pursue a General Equivalence Diploma (GED); a parent may want to help a child with homework and communicate with the child’s teacher; another student may want to enjoy a classic novel or read to a grandchild.Almost every student wants to have the skills to secure a steady job or do their job better. But, such simple goals may seem unattainable to a person who cannot read.According to the 2010 U.S. Census, more than 1 million adults in New Jersey do not have a high school diploma or a GED. In addition, low literacy adds an estimated $230 billion to the country’s annual health-care costs, according to Proliteracy.org.“Educated employees can take on more responsibilities, provide increased productivity and be more effective problem solvers,” Lucas says.LVMC tutors, who vary in ages from 18 to senior citizens, are area residents from all walks of life who share the desire to help empower others through literacy. Becoming a volunteer requires no teaching experience or knowledge of a foreign language.After completing a free 18-hour volunteer tutor training session, tutors are matched – often based on scheduling and location – with a student for one-on-one sessions or to help with an ESL conversational group. Tutors and students meet at mutually convenient locations such as libraries or churches that lend their spaces, usually once a week.The bond that develops between tutor and student is often very strong and many pairings grow into longtime friendships with shared family and cultural activities.In addition, LVMC offers workshops and classes for both students and tutors, including GED preparatory and computer skills, and family, financial and health literacy programs.All tutoring is free and confidential.LVMC could not do what it does without volunteers and supporters. “As a volunteer-based organization, we’re funded by grants, donations and our annual fundraising dinner,” Lucas says.During its annual fundraiser in May, the group celebrated 30 years of bringing literacy to New Jersey residents and honored a few fervent supporters.LVMC board members Ted Nappi was honored with the Literacy Champion Award and Carl DeJura received the Literacy Education Excel­lence Award. Longtime supporter and volunteer Sarah Wilson Stewart received the Literacy Advocate Award.“In today’s society, low economic adults cannot get a job unless they can read at a high school level,” Lucas says. “We try to help the students to get their reading, writing and conversational skills up to par.”Once up to par, students can enroll in GED programs, trade schools and Brookdale Community College or take advantage of resources such as the state Department of Labor and Workforce’s One-Stop Career Services Center.“In order to do that, we focus on adults with the lowest level of literacy to help them to get them off welfare so they can go out and get jobs and become contributing members to their community.”For information on supporting LVMC or becoming a tutor, call 732-571-0209 or visit www.lvmonmouth.org.last_img read more

Provincial B Cup Playdowns on tap for Nelson Selects

first_imgNelson is sending a full contingent of teams into the Kootenay Provincial B Cup Playdowns set for this weekend at various locations in the region.The Lakeside Pitch in Nelson is host to three divisional zone playoffs — U15 Girls and U14 and U16 Boys.The U15 Girl’s Selects play a two-game series against Kootenay South with games at 11 a.m. and 3 p.m. Sunday.The U14 Boy’s is locked in a three-team round robin with Creston and Kootenay South. Game one is Saturday at 5 p.m. against Creston with the Kootenay South at 9 a.m. Sunday. The U16 Boy’s play Columbia Valley at 9 a.m. and 1 p.m. Sunday in a two-gaame series.Cranbrook is the site of the U13 and U16 Girl’s tournaments while Trail is the location for the U14 Girls.The U13 Girls play host Cranbrook in a two-game series.The U14 Girls travel to Fruitvale to meet Kootenay South and Cranbrook in a three-team round robin.The U13 Boys received bye into the Provincial B Cup in Prince George while the U17 Boys travel to Creston Sunday to play Cranbrook a seeding game into the B.C. tourney.Cariboo North forfeited their spot in the U17 Boy’s Division giving Nelson Select a bye into the tournament.The B.C. Soccer Provincial B Cup for girls goes July 4-7 at Inter River Park, North Vancouver while the boy’s event is the same time at Rotary Soccer Fields and Glen Thomson Fields in Prince George.last_img read more

QPR linked with move for out-of-favour Tottenham man

first_imgQPR manager Mark Hughes is considering signing David Bentley on loan from Tottenham next season, according to The People.Bentley, who has been out of favour at Spurs for some time, played under Hughes at Blackburn.The England international currently has a knee injury but has been tipped to be fit for the start of next term.The People also suggest that Chelsea are interested in signing Uruguay international Álvaro Pereira from Porto.Pereira, 26, is a left-sided player who can operate at full-back or further forward.It is claimed that Porto rate him at £23m and that Chelsea may offer £13m plus one of their young players.Click here for the QPR v Stoke quizFollow West London Sport on TwitterFind us on Facebooklast_img

49ers-Rams pregame report: George Kittle looks good to go

first_imgLOS ANGELES — Tight end George Kittle has only missed one game in his 49ers career, and he won’t be missing today’s visit to the Los Angeles Rams despite Friday’s groin injury.Kittle looked OK in warmups about two hours before kickoff. He’s excelled in his previous two Coliseum appearances: his nine-catch, 149-yard effort last year sealed his NFL single-season record for tight ends (1,377 yards), and he had a 100-yard outing in the 2017 season finale that the 49ers won here.last_img

South African Airways ‘best in Africa’

first_img15 January 2013 South African Airways (SAA) has been chosen as “Best Business Class to Africa” and “Best Airline in Africa” in an annual survey done by readers of American travel magazine Business Traveler. The airline was presented with an award at a ceremony hosted by the magazine in New York City in the United States last week. “We acknowledge that Business Traveler’s readers are global travelers who expect the best on the airlines they fly,” said SAA’s executive vice president of North America, Todd Neuman. “These travelers have recognised the level of detail that SAA goes to in order to ensure their comfort, including the continual enhancements we make to our product both on the ground and in the air, which complement our convenient flight schedules and multitude of destinations served.” Changes have been made to the airline’s Premium Business Class service, including additional bedding for its 180 degree flatbed seats, as well as extra programming for its audiovisual entertainment systems and meals from South African Masterchef judge Benny Masekwameng. SAA also expanded its flight schedule by signing a bilateral code share agreement with US Airways on 19 December 2012. It offers greater access to destinations in both countries, including hubs in Philadelphia, Charlotte and Phoenix, as well as the opportunity for customers to earn and redeem Voyager miles. “South African Airways’ daily non-stop flight from New York to Johannesburg and its direct services from Washington (with a short stop in Dakar, Senegal) provide excellent connection opportunities to destinations throughout the airline’s extensive route network on the African continent,” the airline said in a statement. SAinfo reporterlast_img read more

Like Facebook, Starter Edition: Togetherville Launches for Kids (and Parents)

first_imgTags:#Facebook#news#NYT#Product Reviews#Real World#security#social networks#Social Web#web sarah perez A Comprehensive Guide to a Content Audit Facebook is Becoming Less Personal and More Pro… Another important element to the site is the lack of anonymity. On Togetherville, children use their real name and an actual photo. That may be startling to some adults who have traditionally been told that posting your child’s picture online is dangerous, but in Togetherville’s safe, stranger-free environment, it’s not a concern. …And It’s Fun! Beyond the stringent safety measures, which should assure parents, Togetherville is actually fun to use. Site activities include posting “quips” (pre-screened status messages like “Aced the test! Oh yeah!”), playing games and creating art projects via third-party, pre-approved apps, watching (age-appropriate) funny videos and cartoons, sending virtual gifts, earning badges for positive behavior and earning a virtual “allowance” that can be spent on goods, games and gifts. (Virtual goods and the allowance launch later this summer.) Games, videos and creations made on-site by the child can also be liked and commented on by parents, and can be easily shared back the parent’s Facebook account for “instant bragging rights.” Growing Up Digital: Some ConcernsTogetherville is one of many new social networking sites aimed at introducing kids to the concept of digital identities in safe environments. Everloop, for example (still in private beta), is similar but is positioned towards older kids, tweens and young teens. The idea of using sites like these as safe training areas where children can learn best practices and good online behavior is brilliant. The only downside is that a child’s history of interactions, creations and friend lists don’t come with them when they move from site to site as they get older. Although Facebook Connect makes the set-up process easier, we wish the exiting experience could somehow be improved so that the child’s creations are archived off-site for later access. At the very least, it would be nice to export the child’s art projects as digital photos.One day, when these sites are no more (or simply forgotten about), so much can be lost. Unlike Crayola-made drawings hanging on the fridge, digital art and expression is harder to archive. Status messages that fade away into oblivion are more ephemeral than pen-and-ink diaries that are a kick to re-read after years have passed. But perhaps that’s just how it is these days. Impermanence is par for the course on grown-up social networking sites like Facebook; it’s best to prepare kids early on for that fact of digital life. Related Posts center_img Togetherville is a new social networking site launching today that’s aimed at young children under 10-years-old. Although some parents may balk at the idea of children this young establishing a social networking identity and presence, the purpose of the new service is to provide a training ground where parents can teach their kids important lessons about online communication, community building and what it means to be a good digital citizen. Instead of pretending that today’s youngest Internet users aren’t socializing online (even the most watchful parent can be surprised sometimes), Togetherville acknowledges the fact that children can and do play and learn using social networking services. The problem though, as any good parent will tell you, is that young children need to be taught how to use these types of services appropriately. They don’t instinctively know what details should and should not be shared, who is safe to friend and who isn’t (“don’t friend strangers” is the new “don’t talk to strangers,” it seems), and they certainly aren’t prepared for the real-world dangers of using larger social networking services like MySpace and Facebook where issues like digital stalking, harassment and cyberbullying are a sad consequence of public socializing. Enter Togetherville. Togetherville is SafeIn the press release, the site creators call Togetherville a social network with “training wheels” and the description couldn’t be more accurate. The network has been designed from the ground up as a safe place for children to try out social networking. Here, parents can be highly involved with their children’s online ventures. They don’t have to demand the login from their kids – they’re given their own login where they can access their child’s account and activity, as well as interact directly with what the child is doing. The Dos and Don’ts of Brand Awareness Videos One of the most interesting aspects about the new service is how it establishes online friendships. Instead of leaving it up to the child to friend others, Togetherville uses the parent’s Facebook account (by way of Facebook Connect) to instantly build communities of trusted, real-world friends the child’s parent already knows. These communities, dubbed “neighborhoods” in Togetherville’s terminology, are made available to the parent who can then pick and choose which adults and children their child may connect to. Facebook Connect allows the parents to discover other Facebook friends who have already established an account on Togetherville. It streamlines the process so parents don’t have to “re-friend” their friends, they just “discover” them. When a child logs into Togetherville, the approved parent and child combos are seen as neighborhoods where “kids” are separated from the “grownups.” There is no way for other, unknown users to contact a child outside of this process. Guide to Performing Bulk Email Verificationlast_img read more

215 Free Motion Graphics, Sound Textures, Social Designs, and More

first_imgUp your filmmaking game with this mega-roundup of dynamic and unique motion design graphics, effects, and elements — 100% FREE.It’s just about the end of October, so you know what that means . . . we’ve just wrapped up another awesome Free Week here at PremiumBeat. For those who have followed in the past, or are finding this treasure-trove of goods for the first time, Free Week is all about giving you some truly powerful and dynamic digital assets to take your filmmaking and editing game to the next level.In the past, we’ve rounded up free motion graphic templates, free cinematic LUTs, free animated typefaces, free film grain overlays, and action compositing elements (plus lots more). And this year is no different — we have everything from hand-painted brush stroke motion graphics to musical textures and atmospheric sound files . . . to detailed social media marketing designs and elements.‘Tis the season to check out and download some truly game-changing packs of visual effects, motion graphics, sound textures and marketing elements . . . all for free!These assets are free for all personal or commercial use. By downloading, you agree not to redistribute these assets.21 FREE Hand-Painted Brush Stroke Motion GraphicsThese hand-painted brush stroke animations are a great way to give your videos that extra dose of character and sincerity.And they’re easy to use — the elements are pre-keyed and ready to go. Just choose your animations, shapes, or other paint brush graphics then drag-and-drop them on top of any shot or composition.This free brush stroke graphics pack also includes the following:21 5-second Quicktime .mov files in Prores 444, pre-keyed (with alpha) animated brush stroke graphics.11 different types of line animations, including thick, faded, dotted, and more.3 different circle animations with varied looks.7 various shape and symbol animations, like arrows, Xs, and check marks.A 15% off Shutterstock couponDownload 21 Free Brush Stroke Graphics51 FREE Eye-Catching Accent Animation Motion GraphicsSometimes the most powerful effects to add to a film or video project can be some of the most creative and simple. Designed to be quick to use, these accent animations are a great way to touch up any video with some motion graphics flair.This free accent animation motion graphics pack includes the following:51 FREE pre-keyed .mov video files with alpha channelsCircle animationsSquare animationsLine animationsBubble animationsGeometric shape animationsIsometric animationsBurst animationsSquiggly line animationsZig-zag animationsDownload 51 Free Accent Motion Graphics80+ FREE Cinematic Atmospheres: Musical Textures and Sound FilesAs any video editor knows, adding the right music track or sound atmosphere to a video can turn a boring and mundane project into something deep, dynamic, and truly awe-inspiring. While there is always a great selection here at PremiumBeat to check out, we have over 80 free and easy-to-use tracks to share with you here.Click to download each of the cinematic atmospheres packs below:Suite 1 — Beach SunriseSuite 2 — EndlessSuite 3 — Future RainSuite 4 — SerialSuite 5 — Stitches50+ FREE Social Media Marketing Elements and DesignsIn many ways, the trends in digital filmmaking aren’t going bigger — they’re getting smaller. Creating content for social media feeds over cinema screens might very well be the way of the future. In this “Social Pack” we have over 50 bright and sleek templates, tools, and assets to use in your social media marketing and campaign designs.Spice up your Instagram stories with 7 templates, which you can fully customize in Adobe Premiere Pro — and check out these social media icon animations and free animated text overlays.This free social media pack includes the following:7 Instagram Story template files for Premiere (.mogrts)6 Customizable text overlay animations for Premiere (.mogrts)26 animated social media icons (with alpha channel)21 curated colored Instagram backgrounds20 titles for adding quick typography to your designsDownload Free Social Media Pack13 FREE Textured Motion Graphics for Premiere ProSimilar to the brush stroke pack above, this handy pack of hand-painted, paper-textured, and torn-up graphics is a great resource for adding that extra dose of style to your film and video projects. All of the lower-third animations, title animations, and transitions are fully accessible and customizable in the Essential Graphics Panel in Premiere Pro. Try them out and see how much energy and style they can add to your projects!This free pack of motion graphic templates includes the following:13 motion graphics templates for Premiere (.mogrt)The After Effects project file used to create them7 title animations3 lower thirds3 video transitionsDownload 13+ Free Motion GraphicsFor more free downloads and filmmaking resources, check out these articles below.6 Lifesaving Hacks for Cropping Your Footage to a Wider Aspect RatioAfter Effects vs. Premiere Pro: Which Do You Need?Finding Perfect Music Is Easier and Faster with PremiumBeatTop Alternatives to Premiere Pro in 2019 — Free and PaidVideo Editing 101: How to Add Titles and Subtitles in Premiere ProFree Music Downloads available on PremiumBeatlast_img read more

Ray Allen watches PBA game, catches up with ex-teammate Bill Walker

first_imgSEA Games in Calabarzon safe, secure – Solcom chief One of the greatest shooters basketball had seen, Allen finished his 19-year career as the all-time leader in 3-point shots made with 2,973. Typhoon Kammuri accelerates, gains strength en route to PH In an interview with Sports 5, Allen said that he is in the country for vacation.He said he doesn’t have anything concrete planned but it seems like he’s been checking out a lot of basketball here.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutHe visited the Lyceum Pirates Tuesday night before watching the PBA at MOA where his former Celtics teammate and now Blackwater import Bill Walker was playing.The 42-year-old Allen announced his retirement in a letter on The Player’s Tribune in 2016, two years after playing in the NBA Finals which turned out to be his last game. LOOK: Venues for 2019 SEA Games Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games LATEST STORIES Read Next Dumaan dedicates pencak silat gold to family Kammuri turning to super typhoon less likely but possible — Pagasacenter_img WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding Don’t miss out on the latest news and information. Brace for potentially devastating typhoon approaching PH – NDRRMC MOST READ UPLB exempted from SEA Games class suspension Photo by Tristan Tamayo/INQUIRER.netNBA legend Ray Allen surprised Filipino fans at Mall of Asia Arena as he showed up during a PBA game between TNT and Blackwater Wednesday.Allen, who is a two-time NBA champion with the Boston Celtics in 2008 and the Miami Heat five years later, flew to Manila from Hong Kong on Tuesday.ADVERTISEMENT Catriona Gray spends Thanksgiving by preparing meals for people with illnesses View commentslast_img read more