Equity Allocation

Michael Burry sells his entire stake in the growing meme stock giant

amefika1 month ago05 mins

Ryan Cohen spent Sunday afternoon (May 3) announcing a $55.5 billion bid for eBay. By Monday night (May 4), the most credible value investor in the GameStop corner had sold all the shares he owned. Michael Burry did not go away quietly. He explained exactly why. And his words are worth reading carefully. What Burry…

Berkshire Hathaway is buying back shares. Why that’s a key signal investors should watch now.

amefika3 months ago06 mins

Berkshire Hathaway (BRK.A) (BRK.B) is again doing what it historically only does when management believes the opportunity is compelling: buying back its own shares. After a prolonged pause in buybacks, even as its cash reserve rose to record levels, the conglomerate resumed share buybacks under new CEO Greg Abel. At first glance, this might seem…