UBS still reviewing risk of misstatement in Credit Suisse’s books
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UBS said it is still reviewing potential misstatements in Credit Suisse's
financial reports and talks with regulators to address the issue are
ongoing. Rea...
27 minutes ago
People will be surprised at how much safe govt bonds & US Treasuries formed the bulk of most billionaire investors' portfolios ;)
ReplyDeleteEven Buffett personal holdings ... I won't be surprised if 50% were in Treasuries, municipal bonds etc. I read like during the dotcom boom, he was practically sitting in 90% bonds & cash.
People always confuse his *professional* portfolio in Berkshire Hathaway with his *personal* one. :)
Ownself money and other People money are not the same.
DeleteI learnt early in my life that a teacher and a master are two different roles. He who teaches, may not be a master of the subject.
ReplyDeleteAbsolutely right. Nowadays that why we have Masterclass training. They also know the difference :-)
DeleteHmm.. Teachers are usually employees and Masters are self employed?
ReplyDelete