Warren Buffett: It’s Just Very Very Tough To Know Precisely What Is Going On In a Financial Institution

Hello 1, ​ please check out the top stories from ValueWalk below! [Stop Picking Losing Stocks! (Watch Now)](=) Here's why few investors ever beat the market: they've been lied to about what really drives stock prices. Discover exactly why stocks rise or fall, and you'll easily avoid losers and find more, bigger winners. [Check out this "open secret" to wealth.](=) [Warren Buffett: It’s Just Very Very Tough To Know Precisely What Is Going On In a Financial Institution](=) At the April 2005 Berkshire Hathaway annual meeting of shareholders, Bill Ackman of Pershing Square asked Warren Buffett and Charlie Munger for their thoughts on the challenges of analyzing profitable financial companies. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. […] [Simon Lack: An In Depth Look At The US Pipeline Industry]( ValueWalk's Joshua Rarrick interviews with Simon Lack of SL Advisors, that takes an in depth look at the US pipeline industry. Find out why the US will soon export more energy products than we consume, and why now is a great time to invest in the energy sector. Q1 hedge fund letters, conference, scoops etc […] [Boyle Capital’s Brian Boyle And Erik Ritland On Concentrated Value Investing]() ValueWalk's Raul Panganiban interviews Brian Boyle, CFA, the president and portfolio manager of Boyle Capital, and Erik Ritland, CFA, the research analyst at Boyle Capital. Q1 hedge fund letters, conference, scoops etc Interview With Brian Boyle And Erik Ritland Transcript Raul: Good morning, podcast listeners. Today is a very special episode, I have Brian Boyle […] [Focusing On Uncorrelated Sources Of Return]( ValueWalk’s Raul Panganiban interviews David Miller the Co-Founder, CIO and Senior Portfolio Manager of Catalyst Capital Advisors. In this part, David discusses how IPOx fits into an investor's portfolio, his thoughts on portfolio construction, the uncorrelated return streams, and active investing and passive investing. Q1 hedge fund letters, conference, scoops etc See [Tesla’s Unit Sales; Slight Q2 Miss May Lead To A Strong Rally]() Whitney Tilson’s email to investors discussing Kuppy’s latest post called “Giga-Roll”; and his friend comments on his assessment on Tesla‘s unit sales and profit (loss) outlook; What Happens After Amazon’s Domination Is Complete?; The World’s Cheapest Hospital Has to Get […] The post [Tesla’s Unit Sales; Slight Q2 Miss May Lead To A Strong Rally]() appeared first on [ValueWalk](=). [Tesla will remind people of a Palm Pilot when compared to an iPhone—except I don’t remember Palm Pilots killing anyone]() Given the amount of time I’ve spent talking about Tesla Inc (NASDAQ:TSLA) on this site, I’d be remiss if I didn’t point out that I materially changed my position over the past few days. Q1 hedge fund letters, conference, scoops etc Back in October of 2018, I felt that shorts were pressing their bets a […] [How Americans Make And Spend Their Money, By Education Level](=) Months ago, we showed you a set of data visualizations that highlighted how people make and spend their money based on income groups. Q1 hedge fund letters, conference, scoops etc Today’s post follows a similar theme, and it visualizes differences based on education levels. Below, we’ll tackle the breakdowns of several educational . . . […] [Kerrisdale Partners Adds 1.3% In May, Builds On Strong YTD Performance](=) Kerrisdale Capital's Kerrisdale Partners returned 1.3% net for its investors in May, building on its strong performance in the first four months of 2019. According to a copy of Kerrisdale's May 2019 returns tear sheet, a copy of which ValueWalk has been able to review, the fund is up 18.1% net year-to-date, following a strong […] [Eldorado To Acquire The Outstanding Shares In Caesars For $12.75 Per Share]( After weeks of being locked in negotiations, Caesars Entertainment Corporation (NASDAQ:CZR) and casino operator Eldorado Resorts Inc (NASDAQ:ERI) have emerged with a $17.3 billion merger. Eldorado will acquire the outstanding shares in Caesars for a total value of $12.75 per […] The post [Eldorado To Acquire The Outstanding Shares In Caesars For $12.75 Per Share]( appeared first on [ValueWalk](=). [Quite Possibly The World’s Cheapest Stock Market](=) [Editor’s note: Yesterday we accidentally sent the wrong version of Simon’s article about Kazakhstan. We posted the correct version to the website– and definitely recommend you check it out.] Late last week, the Federal Reserve gave its strongest signal yet that they would cut interest rates soon. And in anticipation of yet another endless flood […] [Metro Take Over – Quick Assessment](=) After reading “Merger Masters” I decided to practice my new found knowledge a little bit and apply it to Metro. My long time readers know that I bought Metro as a spin-off and exited with a pretty painful loss. Q1 . . . SORRY! This content is exclusively for paying members. Access all of our […] [Demographic Suicide Of Europe – What Does That Mean For Growth?]() "Civilizations die from suicide, not by murder." - Arnold Toynbee Gradual collapse of Europe has been under way over several decades. It takes place simultaneously in many areas, which the most important is demographics. While the world's population is growing at a rapid pace, fertility rates in European countries do not even reach 2.1, which […] [Patience And Free Cash Flow]( Dear fellow investors, On a recent trip to visit clients in Denmark, I had some free time and visited the Viking Wooden Ship Museum in Roskilde. The museum houses cargo and military ships made from oak trees, crafted with materials […] The post [Patience And Free Cash Flow]( appeared first on [ValueWalk](=). There's a legal MJ play on Wall Street that is starting to get A LOT OF ATTENTION! Marijuana is one of the most buzzed about topics on Wall Street! Last year, U.S. consumer spending on marijuana eclipsed $10 billion and is projected to hit a staggering $23 billion by 2022. There's one legal marijuana company that looks poised to shine amongst others and at current levels could offer rewarding profits for those who[>> learn about it now <<](=) This company has a revolutionary product that could help marijuana growers all over the world! The multi-billion dollar marijuana space is filled with cultivators and dispensaries. This means the growers and the sellers. The growers are extremely important because without a product, how is there a business? As more states legalize cannabis, with Illinois just becoming the most recent to allow recreational marijuana, the prospects for the industry are expected to continue to brighten and [>> this company <<](=) could catapult to the forefront of the arena! Federal prohibition is also on the table with many politicians pushing to legalize the drug on a federal level. Former U.S. Rep. Dana Rohrabacher recently said that federal marijuana legalization is not too far off. According to the former congressman, the legalization will be blazed by President Trump himself. and he believes that 2022 is going to be the year it happens. The legal marijuana industry is still very much in its infancy but is growing fast. One of the biggest opportunities in the space looks like it's at ground-floor levels right now! [>> Check it out now! <<](=) [Unsubscribe]( | or [You can update email preferences and frequency here]() | 295 Madison Avenue 12th floor, New York, NY 10117