Netflix Stock Renews Slump As Bill Ackman Dumps $1.1 Billion Stake After Q1 Earnings Collapse

"In light of recent events, we have lost confidence in our ability to predict the company's future prospects with a sufficient degree of certainty," billionaire investor Bill Ackman said. Read More...

Motley Fool

Forget Apple and Bank of America: This Is Warren Buffett’s Favorite Stock

When it comes to building wealth, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett deserves to be in a class of his own. Although the Oracle of Omaha, as he’s come to be known, isn’t the wealthiest individual on the planet, he’s delivered some of the most eye-popping investment returns over the past six decades. Since becoming CEO of Berkshire Hathaway in 1965, Buffett has overseen the creation of more than $760 billion in value for shareholders (himself included) and generated an average annual return of better than 20% on his company’s stock.

Read More