Warren Buffett Makes $15 A Second

Never let it be said that Warren Buffett does not know how to make money. Warren Buffett states that his wise investment in Goldman Sachs during the financial crisis is making him $15 a second! That is incredible! Buffett’s preferred stock investment amounts to $900 a minute $54,000 an hour $1,296,000 a day The good […]

Time To Buy Citigroup

The banking giant is finally starting to become a favorite of analyst everywhere. Rochdale Securities analyst Dick Bove has been bullish on the bank for some time now. Goldman Sachs added Citigroup (C) to its conviction buy list today. Shares of Citigroup responded by rising 2.4% today to close at $4.21 per share.

Get On Board With Goldman Sachs

What company is the happiest in the world for the BP oil spill?  The answer is Goldman Sachs (GS). Since the oil spill in the Gulf of Mexico, the federal government and national media have shifted their attention to the offshore oil drillers. With Transocean (RIG) and BP (BP) in the crosshairs of federal regulators, Goldman’s shares […]

3 Stocks For Long Term Investors

1. AK Steel (AKS) has dropped quite a bit over the last few weeks. The steelmaker has shed almost 25% of its value since April 6th. Shares have dropped due to increasing iron ore prices and a sketchy forecast for the next two quarters. It may take a few quarters for shares to rebound but […]

Warren Buffett’s Big Bets Continue To Pay Off

Warren Buffett’s Smart Investments Any list of great CEO’s would not be complete without Warren Buffett. Buffett is the head of Berkshire Hathaway and the namesake for this blog. Berkshire Hathaway is the holding company for Geico, Dairy Queen, Nebraska Furniture Mart, Burlington Northern, and a number of subsidiaries. The Oracle of Omaha is still one of the […]

Earnings Seasons for Financials

Here’s my take on each of the financial companies earnings:   Goldman Sachs It was a great quarter for Goldman Sachs. The investment bank had huge gains from its trading operations and bond offering business. I know that everyone is saying buy Goldman right here and now but I wouldn’t buy the stock at its current […]

Up…Down…And Back Up Again

Today was a weird day in the market. The Dow opened positive, turned negative and then soared almost 200 points to end the day. The market was fueled by upgrades by analysts to financial stocks Goldman Sachs, Bank of America and JP Morgan. The interesting part is that these stocks have seen extreme run ups […]

Warren Buffett & His 300% Investment Return

Warren Buffett appears to have failed in his attempt to buy Constellation Energy Group (CEG) for 4.7 billion dollars. MidAmerican Energy, Buffett’s company, agreed to purchase CEG for $26.50 a share in September. Constellation Energy terminated this agreement yesterday and accepted an offer from Electricite De Franc(EDF) for 4.9 billion dollars. EDF will purchase 50% of Constellation Energy’s nuclear power holdings and allow CEG to remain an […]

Goldman Sachs

Goldman Sachs reported its first quarterly loss of $4.97 per share today. The loss was actually not as bad as the $5 loss that some analysts expected. The stock is down almost 70% for the year and is currently trading at $70. Goldman’s earnings per share for the year was $4.47 per share vs. $24.73 EPS last year. This […]

Goldman Sachs

  I will be keeping an eye on earnings announcements from Goldman Sachs and Morgan Stanley this week. It should give insight into just how bad things are for financial companies. Goldman currently trades at around $68 and Morgan Stanley at $14. Goldman is expected to report its first quarterly loss in 70 years. Analysts think that losses may be high as $5 […]