🕰 Bridgewater’s biding its time

Disney’s former CEO took the reins again | Buffett’s buying in Japan | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for November 22nd in 3:09 minutes. 🗓 There are some dates you should never miss, like birthdays, anniversaries, and the [Modern Investor Summit](. After all, fine-tuning your investing skills and rubbing shoulders with Wall Street greats could change your life just as much as those milestones. [Grab your free ticket]( Today's big stories - Berkshire Hathaway upped its stake in Japan’s biggest trading houses - The world’s biggest hedge fund says we're yet to hit the bottom – [Read Now]( - Disney’s recently retired veteran made a dramatic return to the kingdom’s helm Buffett’s Looking East [Buffett’s Looking East] What’s Going On Here? Warren Buffett's Berkshire Hathaway upped its stake in Japan’s five biggest trading houses, according to news out on [Monday](. What Does This Mean? Buffett sings the praises of American enterprise, but he’s not shy about looking further afield when things get pricey on home turf ([tweet this](). And lately the Far East seems to have caught his and Berkshire's eye with the firm pouring even more money into Japan’s mega trading firms, or “sogo shosha”, shortly after claiming a $5-billion chunk of Taiwanese chipmaker TSMC. And it looks like there’s more to come: when Berkshire picked up its original 5% stake in each firm back in [August]( 2020, it hinted that there was room to buy up to 9.99%. That might be why the sogo shoshas’ stock prices inched higher when the latest news broke. Why Should I Care? Zooming out: Read between the lines. You might not have Warren Buffett on speed dial, but you can get a sense of what he’s thinking without a one-on-one catch up: Berkshire’s bulked-up stakes in the Japanese trading firms could tell us something about Buffett’s views on inflation. After all, these businesses make money by importing, trading, and investing in all sorts of commodities, from oil to metals and textiles – and the more those materials cost, the bigger the firm’s profit. Reading between the lines, then, this move suggests Buffett could be betting on raw materials getting more expensive down the line. The bigger picture: Benjamin Buffett. It looks like the Oracle of Omaha is having a Benjamin Button moment, switching back to his youthful investing style at the twilight of his career. Buffett’s been the poster boy for “quality investing” for decades: that’s a safe, stable investment strategy that focuses on buying great businesses at fair prices. But recent moves – like his big buys in Occidental Petroleum and TSMC – have seen Buffett wade into riskier, more volatile industries, in a throwback to his early “one-last-cigar-puff” bargain-hunting days. You might also like: [Three investment ideas that Elon Musk and Warren Buffett actually agree on.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Buffett’s Looking East&utm_campaign=daily-global-22-11-2022&utm_source=email) Analyst Take Bridgewater’s Still Waiting For The Stock Market Bottom [Bridgewater’s Still Waiting For The Stock Market Bottom]( [Photo of Stéphane Renevier] Stéphane Renevier, Analyst Stocks have fallen, that’s for sure, but [Bridgewater says we haven’t hit rock bottom yet](. The [world’s biggest hedge fund]( has compared today’s conditions to previous inflation-driven bear markets, and it thinks things will get worse before they get better. I’ve broken down [exactly why that is](, and [how you could invest]( if you agree with Bridgewater’s expectations. So that’s today’s Insight: [why Bridgewater thinks we’re yet to hit the bottom, and what needs to happen to get us there.]( [Read or listen to the Insight here]( Finimize x Revolut Pretty good stuff, right? Our analysts write Insights like this every day, and you can read every single one of them with [Finimize Premium](. There’s no better time to get started: our new partnership means you can get [six free months of Finimize Premium]( and [three free months of Revolut Premium]( if you [sign up for Revolut today](. We’ll even send you £10 (or equivalent) to your Revolut account to get you started. SPONSORED BY CLEARMIND MEDICINE A totally psychedelic investment opportunity Traditional medicine’s pretty good, it’s true, but there are a few ailments it’s struggling to solve. That’s why [Clearmind Medicine]( has focused on building a [psychedelic approach to pharmaceuticals]( that works to address mental health and addictive behavior. Clearmind’s part of a [psychedelic market that was worth a whopping $487 million]( last year. And this could be your chance to get a stake: [Clearmind (CMND) just went public this week](. The listing’s already raised millions, but it’s not too late for you to get in early. That’s, like, totally psychedelic, man. [Check out Clearmind Medicine (CMND)](. [Find Out More]( Disclaimer This content is for US investors only, if you are not a US investor please ignore this content. This content is a paid advertisement for Clearmind Medicine (NASDAQ: CMND) from Sideways Frequency and Finimize. This is not Finimize editorial content. Finimize received a fixed fee from Sideways Frequency for producing, hosting and promoting this content on behalf of Clearmind Medicine, totalling $5,000. Other than the compensation received for this service, Finimize and its principals are not affiliated with either Sideways Frequency or Clearmind Medicine. Finimize and its principals have no ownership in Clearmind Medicine. The content on this page should not be taken as advice, an endorsement, or a recommendation from Finimize and its principals to buy or sell any security. Finimize and its principals have not evaluated the accuracy of any claims made on this page. Finimize and its principals recommend that investors do their own independent research and consult with a qualified investment professional before buying or selling any security. Investing is inherently risky and capital is at risk. Past performance is not indicative of future results. Can’t Wait To Be King (Again) [Can’t Wait To Be King (Again)] What’s Going On Here? Disney's former CEO Bob Iger [confirmed]( his return to the kingdom’s throne in an email sent to Disney staff late on Sunday. What Does This Mean? Bob Chepak probably didn’t realize what a hospital pass he’d been thrown when he took the reins of Disney back in February 2020. The Covid-haunted months that followed forced Disney to shut theme parks, halt blockbuster releases, and watch Netflix gallop ahead in the streaming wars while the locked-down world binge-watched Tiger King. But even given those challenges, Disney seems to think Chepak fumbled the pass, and after two and a half years of his mixed performance, the entertainment titan has handed the throne to his predecessor Iger once more. Why Should I Care? Zooming in: Striking balance at the media empire. Disney’s gone all-in on streaming since 2019, sparing no expense to woo customers to its fledgling Disney+ platform. And with a two-hundred-million subscriber count to boast about, you’d assume the gambit hit the mark. Well, not according to shareholders: they’re worried that Disney’s golden geese, like theme parks, could get slaughtered in order to fatten streaming numbers. So with Iger returning to the helm, they’ll be hoping to see a much more even keel from now on. Zooming out: From kings to paupers. Disney had it easy back in the pre-streaming days: content was king and media giants called the shots, dictating their fees to cable companies with a kind of unquestionable royal power. But everything changed when Netflix appeared on the scene and started toppling old favorites from their thrones. It’s no surprise, then, that the oldies eventually jumped on the streaming bandwagon. But since life outside the cozy cable bundle can be a lot more expensive and a lot less lucrative, many old media firms are facing a pretty uncertain future right now. You might also like: [Netflix could be worth a peek after this latest plot twist.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Can’t Wait To Be King (Again)&utm_campaign=daily-global-22-11-2022&utm_source=email) 💬 Quote of the day “I’d rather be a failure at something I love than a success at something I hate.” – George Burns (an American comedian) [Tweet this]( SPONSORED BY RAISIN Make your money work harder You’re working hard to make enough cash to help you get through these tough times. Best make sure your money’s keeping up its side of the bargain, then. You could start by [opening an account with Raisin UK](: you’ll be able to [pick and mix a batch of flexible, easy-access savings accounts]( so you can design the set up that suits your goals. And with [competitive fixed rate bonds available](, you can relax in the knowledge that you know exactly [how much interest you’ll earn]( on your savings. [Put your money to work with Raisin UK](. [Find Out More]( Open to UK Residents only. When you support our sponsors, you support us. Thanks for that. 🌍 Finimize Live 🥳 Coming Up This Week… All events in UK time. ✅ [How To Successfully Invest In Dividend Stocks](: 6pm, November 22nd 🚄 [How To Bulletproof Your Portfolio Against Uncertainty](: 6pm, November 23rd 👀 And After That… 🔥 [The Coolest Investments When Inflation’s Hot](: 12.30pm, November 28th 🇬🇧 [Making Smart Portfolio Moves During A Cost-Of-Living Crisis](: 5pm, November 29th 🌍 [Finding Opportunities In A Challenging Market With BlackRock](: 1pm, December 2nd 🇦🇪 [The Modern Investor Opening Party In Dubai](: 6pm, December 6th 🎉 [Modern Investor Summit](: 12pm, December 6th and 7th 🎯 On Our Radar - A windy playground. This company’s breathing new life into [old wind turbines](. - “Worse than Enron”. Sam Bankman-Fried lent $1 billion [from Alameda to himself](. - WeApologize. WeChat users are handwriting apologies to [get themselves unbanned](. - Holiday heartthrobs. Catch both dreamy Chris Evans and the Rock [in a single Christmas film](. - Lebanese living. Meet Lebanon’s first all-women [thrash metal band](. ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. Share your unique link: [ You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: mark reinstein – Shutterstock | Disney Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | Bow Bells House, Bread Street, London, EC4M 9HH All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021 [View Online](