(April 30, 2005) Bill Ackman of Pershing Square asks Warren Buffett and Charlie Munger to justify why they are comfortable to invest in financial companies when the financial companies are difficult to analyze than other companies. Warren Buffett admits that financial companies are difficult to evaluate because the financial reporting is based on the assumptions […]
Audi, Nissan and other car makers are banking on talking cartoon characters and other virtual reality experiences to keep drivers and other occupants of future autonomous vehicles entertained, auto industry executives said.
Volkswagen has ended its partnership with self-driving car software firm Aurora, two days after the Silicon Valley start-up said it would build autonomous platforms for commercial vehicles with Fiat Chrysler Automobiles.
Self-driving car software startup Aurora said on Sunday it would partner with Fiat Chrysler to build autonomous platforms for commercial vehicles, the latest collaboration with an automaker for the fast-growing Silicon Valley company.
Aristides Fund was up 2.63% for April, while Aristides Fund QP gained 2.85% for the month. Year to date, Aristides Fund is up 5.14%, while Aristides Fund QP is up 5.17%. The firm had $128.8 million in assets under management as of Apr. 1. Free-Photos / Pixabay The shorts drive the gains Managing Member Christopher […]
Whitney Tilson’s email to investors discussing Prof. Damodaran’s reply on Tesla Inc (NASDAQ:TSLA); May Sales Are In (Mostly): Tesla Has 80000 Units Within Sight For Q2; I-PACE comment; more on SolarCity. Blomst / Pixabay 1) In a recent email, I wrote: One of the most famous valuation experts in the world is NYU Stern School […]
We clearly live in an age where technology is evolving every day, right before our eyes. With talk of driverless cars and computers that can chat online and seem so life-like, technology continues to push us forward. Brett_Hondow / Pixabay This technological evolution is also very present in the financial, banking and payments world, where […]
Whitney Tilson’s email discussing that investors helped build Tesla Inc (NASDAQ:TSLA), they could undo it, too.; Driverless cars are 90% here. Another is 90% left to go.; Comments on Cathie Woods of ARK; Tesla’s chips; from a reader. Image source: YouTube Video Screenshot 1) A big Heard on the Street story in the WSJ: Investors […]
Tesla Inc (NASDAQ:TSLA)’s significant drop, 35% year to date compared to the S&P up 14%, has investors looking for answers. How this could have happened may best be explained by looking at how Tesla’s stock price got as high as it did. The last time Tesla traded at 200 was over 2 years ago. Following […]
CNBC’s Jim Cramer interviews Novartis CEO Dr. Vasant Narasimhan from CNBC’s Healthy Returns Conference today Image source: CNBC Video Screenshot WHEN: Today, Tuesday, May 21, 2019 Get The Full Warren Buffett Series in PDF Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or […]