How This Top-Performing Manager Took Advantage of the Tech Stock Selloff
Dan Hanson, manager of the Neuberger Quality Equity Fund, utilized a stock market selloff driven by the Iran war to significantly increase his fund's position in Nvidia, making it a top-10 holding. He also discusses the fund's investment in Elon Musk's private company, SpaceX, highlighting its three mega-cap businesses (launch, Starlink, xAI) and its strong management team. Hanson details his investment philosophy, focusing on financial fundamentals, strong management, and essential businesses, while also explaining the evolution of the fund's name from "Sustainable" to "Quality."
FEB 28·TradingView▲
Berkshire Hathaway Says Q4 Net Earnings Per Average Equivalent Class A Share Is $13,349
Berkshire Hathaway reported its Q4 net earnings per average equivalent Class A share, reaching $13,349. This financial news was issued by Refinitiv and is a concise update regarding the conglomerate's quarterly performance.
JAN 24·TechStock²→
Berkshire Hathaway stock price dips into the weekend: BRK.B closes lower as Fed week and Kraft Heinz filing loom
Berkshire Hathaway's Class B shares decreased by 1.1% on Friday, closing at $478.97, while Class A shares also dropped 1.0% to $720,932.18, ahead of a crucial week with a Federal Reserve policy decision and major tech earnings. A Kraft Heinz filing revealed the registration of up to 325,442,152 Berkshire Hathaway shares for potential resale, though it does not guarantee a sale. The dip also reflects broader market choppiness and concerns over inflation and rising interest rates impacting stock valuations.
