Daily Archives: March 30, 2011


Shocker at Berkshire Hathaway: Buffett’s Heir Apparent Sokol Resigns (BRK.A, BRK.B, LZ)

Legendary investor Warren Buffett, head of Berkshire Hathaway (NYSE: BRK.A), issued a press release today announcing that David Sokol (pictured) one of his top executives at the company and the frontrunner to replace Buffett, has resigned. Buffett writes: “Dave’s [resignation] letter was a total surprise to me.” The Wall St. […]


What was the best investment ever?

Some great responses to the question on Quora – first up, Benedict Evans goes back to the 15th century: Ferdinand & Isabella’s decision to back Columbus paid off pretty well. Spain ruled most of the south American continent for the next 300 years and used the flow of silver to […]


What Covestor managers are buying: Northrop Grumman (NOC)

Covestor model manager Fat Pitch Financials focuses on special situation stocks and is a value investor. George Silva runs the company and is an economist who did his undergraduate degree at Cornell University and his Masters at Yale University. George has twenty years of experience investing in individual stocks. He uses […]


Apple’s great, if you have a lot of money and live on an island – Dell VP (Nasdaq: DELL, AAPL)

Dell (Nasdaq: DELL) is flexing some muscles these days. Speaking to CIO Australia in Sydney yesterday (3/29), Dell’s Vice President and global head of marketing Andy Lark (pictured) went on the offensive against Apple (Nasdaq: AAPL): “I couldn’t be happier that Apple has created a market and built up enthusiasm […]


What Covestor managers are buying: KBR Inc (KBR, KWK, MDY)

For the Macro Plus Income portfolio, Covestor model manager Capital Ideas, a Texas based RIA co-founded by CJ Brott (pictured), aims to provide current income for investors who are five years either side of retirement.  That is, we try to invest in securities suitable for income reinvestment before retirement.  However, after […]


Teva, Transcept, Biodel and now Bristol-Myers Squibb – Jeremy Zhou’s top holdings (BMY, TEVA, TSPT)

    Jeremy Zhou manages Covestor’s Biotech and Medtech portfolio, which launched just recently. He brings to his investing a strong background in nutrition, toxicology and finance: his academic background includes a B.S. degree in Nutrition & Toxicology and a Masters of Public Health (MPH) with an emphasis on Epidemiology from […]


Where Americans’ taxes go

Turbotax produced this infographic that breaks down the U.S. government’s spending, how it’s changed in the last decade, and what it could look like in 2012, based on the proposed 2012 Presidential budget. Drag the scissors across the dates, then mouse over the sections of the dollar to see the […]