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2022-08-24
$Altria(MO)$
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2022-08-24
$Altria(MO)$
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jsjeiwjxiejeikdkd
2022-08-24
$Allstate(ALL)$
hi
jsjeiwjxiejeikdkd
2022-08-21
$Microsoft(MSFT)$
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2022-08-21
$Bristol-Myers Squibb(BMY)$
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2022-08-19
$Microsoft(MSFT)$
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2022-08-18
$Altria(MO)$
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jsjeiwjxiejeikdkd
2022-08-16
$Altria(MO)$
nice
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2022-08-16
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2022-08-16
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2022-08-16
$Light Crude Oil - main 2209(CLmain)$
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2022-08-15
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2022-08-11
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Alibaba: More Bad News
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2022-08-11
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2022-08-09
$Altria(MO)$
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2022-08-09
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2022-08-08
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2022-08-08
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2022-08-05
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2022-08-05
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href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a>g","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a>g","text":"$Microsoft(MSFT)$g","images":[{"img":"https://community-static.tradeup.com/news/66ebce2a4ce443ccbf14d544715d4448","width":"1125","height":"3678"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9996001054","isVote":1,"tweetType":1,"viewCount":1418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9996003719,"gmtCreate":1661068720534,"gmtModify":1676536448748,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a 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href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>jjj","listText":"<a href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>jjj","text":"$Altria(MO)$jjj","images":[{"img":"https://community-static.tradeup.com/news/1afc5aed8bb1aa1e289496f00207f941","width":"1125","height":"3678"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991691680","isVote":1,"tweetType":1,"viewCount":1393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9993207025,"gmtCreate":1660693088869,"gmtModify":1676536378899,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>nice","listText":"<a href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>nice","text":"$Altria(MO)$nice","images":[{"img":"https://community-static.tradeup.com/news/bd48593d888f3ae9223149069ac5a7e9","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993207025","isVote":1,"tweetType":1,"viewCount":877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9993204693,"gmtCreate":1660693073014,"gmtModify":1676536378891,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C\">$Citigroup(C)$</a>a","listText":"<a href=\"https://ttm.financial/S/C\">$Citigroup(C)$</a>a","text":"$Citigroup(C)$a","images":[{"img":"https://community-static.tradeup.com/news/cc9abca3c7296b77c9b4ece8bff9a1c1","width":"1125","height":"3678"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993204693","isVote":1,"tweetType":1,"viewCount":1298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9993818160,"gmtCreate":1660660211053,"gmtModify":1676536373903,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>dd","listText":"<a href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>dd","text":"$Altria(MO)$dd","images":[{"img":"https://community-static.tradeup.com/news/504f5dfd99a11bc4f63d639470e03a91","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993818160","isVote":1,"tweetType":1,"viewCount":1049,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9993819159,"gmtCreate":1660659873973,"gmtModify":1676536373822,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/CLmain\">$Light Crude Oil - main 2209(CLmain)$</a>hahaha","listText":"<a href=\"https://ttm.financial/FUT/CLmain\">$Light Crude Oil - main 2209(CLmain)$</a>hahaha","text":"$Light Crude Oil - main 2209(CLmain)$hahaha","images":[{"img":"https://community-static.tradeup.com/news/87ad76b37fff9e6d443245ef8587f9ae","width":"1125","height":"2349"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993819159","isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9999282374,"gmtCreate":1660534563000,"gmtModify":1676533488451,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BMY\">$Bristol-Myers Squibb(BMY)$</a>nice","listText":"<a href=\"https://ttm.financial/S/BMY\">$Bristol-Myers Squibb(BMY)$</a>nice","text":"$Bristol-Myers Squibb(BMY)$nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999282374","isVote":1,"tweetType":1,"viewCount":451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9907510530,"gmtCreate":1660215520422,"gmtModify":1703479158979,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"n","listText":"n","text":"n","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907510530","repostId":"1103823286","repostType":4,"repost":{"id":"1103823286","kind":"news","pubTimestamp":1660231920,"share":"https://ttm.financial/m/news/1103823286?lang=&edition=full_marsco","pubTime":"2022-08-11 23:32","market":"hk","language":"en","title":"Alibaba: More Bad News","url":"https://stock-news.laohu8.com/highlight/detail?id=1103823286","media":"Seeking Alpha","summary":"SummaryAlibaba's shares are trading at seemingly attractive valuation multiples but investors should","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Alibaba's shares are trading at seemingly attractive valuation multiples but investors shouldn't fall into the trap.</li><li>Prospects for investing in Alibaba have significantly deteriorated in recent weeks.</li><li>Risk-averse investors may want to avoid the stock for the time being.</li></ul><p>Alibaba's (NYSE:BABA) (OTCPK:BABAF) shares are down over 50% in the last year and many investors are getting tempted to buy. The general rationale is that the stock has fallen enough already and that it should only rally on from here on out. While that might have been a compelling contrarian argument till a few weeks ago, it's now rife with problems, speculation and stretched assumptions. In this article, I'll explain why investors may want to avoid the value trap that Alibaba is gradually turning out to be. Let's take a closer look at it all.</p><p><b>The Valuation Misconception</b></p><p>Let me start by saying that Alibaba's shares are trading at just 2.1-times its trailing twelve-month sales. This is quite low, especially when considering that the stock used to trade at over 24-times its sales back in 2015. Given this steep discount compared to its own prior levels, contrarian investors have been arguing that the stock is attractively valued and that it doesn't have much downside potential left from current levels.</p><p>While that sounds like a compelling argument, the problem here is that industry comparables are trading at even more attractive multiples. The chart below should put things in perspective. The X-axis plots the Price-to-Sales (or P/S) multiples for over 25 internet retail stocks that are listed on US bourses. Note how Alibaba is horizontally positioned slightly towards the right, indicating that its trading at levels that are marginally higher than the industry average.</p><p><img src=\"https://static.tigerbbs.com/f5d6db06c8da4548d2002f11348dc0e4\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"/></p><p>BusinessQuant.com</p><p>Now, let's shift attention to the Y-axis, which plots the revenue growth rates for the same set of companies. Note how Alibaba is vertically positioned much lower than a broad swath of its other listed peers. This suggests that the stock is valued slightly higher than the industry average but its revenue growth rate is lower than most its peers in general. This implies that Alibaba's shares have room to correct further, in order to justify its subpar growth rate.</p><p>There are at least 14 other stocks classified in the internet retail industry, that are growing faster than Alibaba but trading at lower P/S multiples. This disparity is all the more prominent when we consider that Alibaba's US-listed shares offer an ownership only in a shell company floated in Cayman Islands, whereas its other attractively-priced US-based peers offer ownership in actual companies. Because of this difference in the nature of securities, Alibaba's shares should ideally be trading at a discount compared to its US-based peers in the first place, but it's actually trading at a slight premium instead. This should encourage contrarian investors to reconsider their thesis for the e-commerce giant.</p><p><b>The Growth Slowdown</b></p><p>Moving on, the Chinese government hasn't hiked its interest rates in recent months, unlike the US. This suggests the Chinese economy will continue growing at a relatively faster pace and companies operating there should, at least in theory, thrive while other global economies stagnate and/or go into recession. This industry tailwind should indeed boost Alibaba's growth prospects and it's admittedly a silver lining in the whole contrarian narrative.</p><p>But there's a problem here as well. Hindering consumer spending in Q3 may trigger a more profound slowdown for Alibaba and other similarly positioned Chinese e-commerce companies, negating the positives of low interest rates in the country. This is gradually reflected in the Street's forecasts - note how analysts have been gradually lowering their revenue estimates for the company in nearly every passing week.</p><p><img src=\"https://static.tigerbbs.com/e2fe58214fe586338142e205e80429ea\" tg-width=\"637\" tg-height=\"437\" referrerpolicy=\"no-referrer\"/></p><p>Ycharts</p><p>This situation should again encourage investors to rethink their rationale for Alibaba.</p><p><b>The Delisting Risk</b></p><p>Lastly, contrarian investors are hopeful that delisting fears pertaining to Alibaba are exaggerated and not really a matter of concern. However, the risk is very real. The SEC published a yet another list about 10 days ago, noting that Alibaba and 270 other Chinese companies will be forcefully delisted from US bourses if they don't open up for audit inspections.</p><p>Chinese regulators had reassured investors earlier this year that they're going to work with the SEC and comply with their audit requirements, in order to prevent mass delisting of Chinese stocks from US bourses. But I've been warning investors that the regulators haven't been making any progress and the risk remains. The prospect of such progress seems even more unlikely now.</p><p>One might argue that Alibaba is listed on Hong Kong bourses so a delisting in the US won't make a difference. But it will. The prospect of Alibaba's shares getting delisted in the US, is likely to prompt a mass selloff by institutional investors that have mandates to invest in only US stocks. Besides, the financial cost of owning Hong Kong-listed stocks is far higher for US citizens, so retail investors are likely to sell their shares too in large numbers.</p><p>Moreover, it's not like Hong Kong-listed shares have been performing any better than their US-listed shares. Both the stocks have continuously declined for the better part of the past year and I expect the downtrend to continue in Hong Kong listed shares going forward as well, given the deteriorating growth prospects for Alibaba as a company and its stretched valuation in general.</p><p><img src=\"https://static.tigerbbs.com/e429e60a44011b271d8005a772849ddd\" tg-width=\"640\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/></p><p>Yahoo Finance</p><p><b>Final Thoughts</b></p><p>There's no denying that Alibaba has grown its top line at a rapid rate in the past decade. The company has expanded its operations over time and its different revenue streams have all continued to grow over the years. This is a commendable feat and an enviable position to be in.</p><p><img src=\"https://static.tigerbbs.com/44d14b4467c4d87ffa64fe2f60f01bb1\" tg-width=\"640\" tg-height=\"672\" referrerpolicy=\"no-referrer\"/></p><p>BusinessQuant.com</p><p>However, there are now several risks associated with investing in Alibaba, namely decelerating revenue growth, the risk of getting delisted from US exchanges and its relatively pricey valuations in general. So, risk-averse investors may want to avoid investing in Alibaba for the time being at least. The stock seems tempting at current levels, but it's rife with issues.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: More Bad News</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: More Bad News\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 23:32 GMT+8 <a href=https://seekingalpha.com/article/4532407-alibaba-more-bad-news?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A3><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba's shares are trading at seemingly attractive valuation multiples but investors shouldn't fall into the trap.Prospects for investing in Alibaba have significantly deteriorated in recent ...</p>\n\n<a href=\"https://seekingalpha.com/article/4532407-alibaba-more-bad-news?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4532407-alibaba-more-bad-news?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103823286","content_text":"SummaryAlibaba's shares are trading at seemingly attractive valuation multiples but investors shouldn't fall into the trap.Prospects for investing in Alibaba have significantly deteriorated in recent weeks.Risk-averse investors may want to avoid the stock for the time being.Alibaba's (NYSE:BABA) (OTCPK:BABAF) shares are down over 50% in the last year and many investors are getting tempted to buy. The general rationale is that the stock has fallen enough already and that it should only rally on from here on out. While that might have been a compelling contrarian argument till a few weeks ago, it's now rife with problems, speculation and stretched assumptions. In this article, I'll explain why investors may want to avoid the value trap that Alibaba is gradually turning out to be. Let's take a closer look at it all.The Valuation MisconceptionLet me start by saying that Alibaba's shares are trading at just 2.1-times its trailing twelve-month sales. This is quite low, especially when considering that the stock used to trade at over 24-times its sales back in 2015. Given this steep discount compared to its own prior levels, contrarian investors have been arguing that the stock is attractively valued and that it doesn't have much downside potential left from current levels.While that sounds like a compelling argument, the problem here is that industry comparables are trading at even more attractive multiples. The chart below should put things in perspective. The X-axis plots the Price-to-Sales (or P/S) multiples for over 25 internet retail stocks that are listed on US bourses. Note how Alibaba is horizontally positioned slightly towards the right, indicating that its trading at levels that are marginally higher than the industry average.BusinessQuant.comNow, let's shift attention to the Y-axis, which plots the revenue growth rates for the same set of companies. Note how Alibaba is vertically positioned much lower than a broad swath of its other listed peers. This suggests that the stock is valued slightly higher than the industry average but its revenue growth rate is lower than most its peers in general. This implies that Alibaba's shares have room to correct further, in order to justify its subpar growth rate.There are at least 14 other stocks classified in the internet retail industry, that are growing faster than Alibaba but trading at lower P/S multiples. This disparity is all the more prominent when we consider that Alibaba's US-listed shares offer an ownership only in a shell company floated in Cayman Islands, whereas its other attractively-priced US-based peers offer ownership in actual companies. Because of this difference in the nature of securities, Alibaba's shares should ideally be trading at a discount compared to its US-based peers in the first place, but it's actually trading at a slight premium instead. This should encourage contrarian investors to reconsider their thesis for the e-commerce giant.The Growth SlowdownMoving on, the Chinese government hasn't hiked its interest rates in recent months, unlike the US. This suggests the Chinese economy will continue growing at a relatively faster pace and companies operating there should, at least in theory, thrive while other global economies stagnate and/or go into recession. This industry tailwind should indeed boost Alibaba's growth prospects and it's admittedly a silver lining in the whole contrarian narrative.But there's a problem here as well. Hindering consumer spending in Q3 may trigger a more profound slowdown for Alibaba and other similarly positioned Chinese e-commerce companies, negating the positives of low interest rates in the country. This is gradually reflected in the Street's forecasts - note how analysts have been gradually lowering their revenue estimates for the company in nearly every passing week.YchartsThis situation should again encourage investors to rethink their rationale for Alibaba.The Delisting RiskLastly, contrarian investors are hopeful that delisting fears pertaining to Alibaba are exaggerated and not really a matter of concern. However, the risk is very real. The SEC published a yet another list about 10 days ago, noting that Alibaba and 270 other Chinese companies will be forcefully delisted from US bourses if they don't open up for audit inspections.Chinese regulators had reassured investors earlier this year that they're going to work with the SEC and comply with their audit requirements, in order to prevent mass delisting of Chinese stocks from US bourses. But I've been warning investors that the regulators haven't been making any progress and the risk remains. The prospect of such progress seems even more unlikely now.One might argue that Alibaba is listed on Hong Kong bourses so a delisting in the US won't make a difference. But it will. The prospect of Alibaba's shares getting delisted in the US, is likely to prompt a mass selloff by institutional investors that have mandates to invest in only US stocks. Besides, the financial cost of owning Hong Kong-listed stocks is far higher for US citizens, so retail investors are likely to sell their shares too in large numbers.Moreover, it's not like Hong Kong-listed shares have been performing any better than their US-listed shares. Both the stocks have continuously declined for the better part of the past year and I expect the downtrend to continue in Hong Kong listed shares going forward as well, given the deteriorating growth prospects for Alibaba as a company and its stretched valuation in general.Yahoo FinanceFinal ThoughtsThere's no denying that Alibaba has grown its top line at a rapid rate in the past decade. The company has expanded its operations over time and its different revenue streams have all continued to grow over the years. This is a commendable feat and an enviable position to be in.BusinessQuant.comHowever, there are now several risks associated with investing in Alibaba, namely decelerating revenue growth, the risk of getting delisted from US exchanges and its relatively pricey valuations in general. So, risk-averse investors may want to avoid investing in Alibaba for the time being at least. The stock seems tempting at current levels, but it's rife with issues.","news_type":1},"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9907510828,"gmtCreate":1660215493867,"gmtModify":1703479158478,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BMY\">$Bristol-Myers Squibb(BMY)$</a>haha","listText":"<a href=\"https://ttm.financial/S/BMY\">$Bristol-Myers Squibb(BMY)$</a>haha","text":"$Bristol-Myers Squibb(BMY)$haha","images":[{"img":"https://community-static.tradeup.com/news/c057ef0ce18f202ecafeae4b1999a603","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907510828","isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9904278665,"gmtCreate":1660061228760,"gmtModify":1703477451141,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>k","listText":"<a href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>k","text":"$Altria(MO)$k","images":[{"img":"https://community-static.tradeup.com/news/c610f80d8bbf645754783b2f0b78cf5b","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904278665","isVote":1,"tweetType":1,"viewCount":621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9904278940,"gmtCreate":1660061190782,"gmtModify":1703477450493,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TGT\">$Target(TGT)$</a>j","listText":"<a href=\"https://ttm.financial/S/TGT\">$Target(TGT)$</a>j","text":"$Target(TGT)$j","images":[{"img":"https://community-static.tradeup.com/news/5b0fdd390f902f042219e1cd6deb03f4","width":"1125","height":"3573"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9904278940","isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9905765319,"gmtCreate":1659940185133,"gmtModify":1703476233026,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>good","listText":"<a href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>good","text":"$Altria(MO)$good","images":[{"img":"https://community-static.tradeup.com/news/3439408cc273909f3ba17b09d3bb98e3","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/9905765319","isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9905765956,"gmtCreate":1659940057477,"gmtModify":1703476232861,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a>haha","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a>haha","text":"$Microsoft(MSFT)$haha","images":[{"img":"https://community-static.tradeup.com/news/82b873c1bb4403ae0f5c650da52dc7a0","width":"1125","height":"3678"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905765956","isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9902592475,"gmtCreate":1659718710101,"gmtModify":1704271650755,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TCNNF\">$Trulieve Cannabis Corporation(TCNNF)$</a>kk","listText":"<a href=\"https://ttm.financial/S/TCNNF\">$Trulieve Cannabis Corporation(TCNNF)$</a>kk","text":"$Trulieve Cannabis Corporation(TCNNF)$kk","images":[{"img":"https://community-static.tradeup.com/news/5f8529862f4764017fabceb2756a1f7b","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902592475","isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9902592553,"gmtCreate":1659718673776,"gmtModify":1704271553267,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9902592553","repostId":"1151284770","repostType":4,"repost":{"id":"1151284770","kind":"news","pubTimestamp":1659713272,"share":"https://ttm.financial/m/news/1151284770?lang=&edition=full_marsco","pubTime":"2022-08-05 23:27","market":"us","language":"en","title":"Warren Buffett's Secret Portfolio Has 95% of Its Assets in These 2 Sectors","url":"https://stock-news.laohu8.com/highlight/detail?id=1151284770","media":"Motley Fool","summary":"KEY POINTSThe Oracle of Omaha has a nose for making money, as evidenced by the 20.1% average annual ","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>The Oracle of Omaha has a nose for making money, as evidenced by the 20.1% average annual return for his company's stock since 1965.</li><li>As a result of an acquisition in 1998, Berkshire Hathaway owns an investment company with $6.3 billion in assets under management.</li><li>This "hidden" portfolio is highly concentrated.</li></ul><p>Berkshire Hathaway's $6.3 billion hidden portfolio has piled nearly all of its capital into two sectors.</p><p>Few investors have a more impressive track record than <b>Berkshire Hathaway</b> (BRK.A) (BRK.B) CEO Warren Buffett. In the 57 years he's held the reins at Berkshire, he's led his company's Class A shares (BRK.A) to an average annual return of 20.1%, which equates to an aggregate return of more than 3,600,000%.</p><p>Buffett's success as an investor is due tomyriad factors, including a willingness to hold investments for long periods of time, as well as his love of cyclical companies and dividend stocks.</p><p>But something you may not know about the Oracle of Omaha is that he has a secret portfolio containing $6.3 billion in assets under management, as of March 31, 2022. While it's relatively easy to follow Buffett's trading activity via 13F filings with the Securities and Exchange Commission, you won't find these holdings in Berkshire's 13F filing.</p><p>In 1998, Buffett's company acquired insurer General Re for $22 billion. While the prized asset of the General Re buyout was the company's reinsurance operations, General Re also controlled specialty investment firm New England Asset Management (NEAM).</p><p>To be perfectly clear, Warren Buffett and the investing team making the decisions for Berkshire Hathaway's more than $350 billion investment portfolio don't oversee NEAM's $6.3 billion investment portfolio. Nevertheless, New England Asset Management is an owned entity of Buffett's company. This means the assets held in NEAM's investment portfolio are, ultimately, "owned" by the Oracle of Omaha.</p><p>With $6.3 billion in assets under management, New England Asset Management is required to file a 13F just like its parent company. But unlike Berkshire Hathaway, NEAM has its fingers in more than three times as many securities as Berkshire (52 for Berkshire, compared to more than 160 for NEAM).</p><p>What's similar is that Buffett's secret portfolio has invested the vast majority of its assets into a small concentration of sectors. In New England Asset Management's case, 95% of its assets are invested in just the following two sectors.</p><h3>Technology: 57.49% of invested assets</h3><p>The sector Warren Buffett's secret portfolio unquestionably favors the most is information technology. In total, NEAM has positions in 17 different tech stocks, including software behemoth <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, semiconductor solutions-specialist <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, payroll solutions-provider <a href=\"https://laohu8.com/S/PAYX\">Paychex</a>, and legacy stalwarts like HP and <a href=\"https://laohu8.com/S/IBM\">IBM</a>.</p><p>But here's the jaw-dropping stat that really defines New England Asset Management's "love of tech." Out of the 57.49% of assets invested in information technology at the end of March, virtually all of it (56.62%) was tied up in <a href=\"https://laohu8.com/S/AAPL\">Apple </a>. This means the other 16 tech stocks held by NEAM make up just 0.87% of invested assets, on a combined basis!</p><p>There's certainly something to be said about Berkshire Hathaway and New England Asset Management sharing their largest positions. Then again, Apple has given investors an abundance of reasons to trust in the company over the long run.</p><p>To begin with, Apple is arguably the most valuable and recognized brand in the world. Earlier this year, Brand Finance labeled Apple as the world's most valuable brand for a second consecutive year. Brand Finance cited the company's range of services, its bolstered privacy and environmental push, and its diversified product line as reasons for hanging onto the top spot among global brands.</p><p>Innovation is another reason Apple has been such a superstar for the investing community. Since Apple introduced a 5G-capable version of its iPhone in the fourth quarter of 2020, its U.S. smartphone market share has held at 50% or above in 5 out of 6 quarters, according to Counterpoint Research.</p><p>But it's not just product innovation that's driving results. Apple CEO Tim Cook is overseeing an ongoing transition of his company to a service-oriented business. A subscription-driven model should help boost long-term operating margins and lessen the bumpiness often associated with product-replacement cycles. Keep in mind that Apple isn't abandoning the product line that brought it fame. The company is simply evolving in order to grow.</p><p>Apple is also in a league of its own when it comes to capital-return programs. In addition to returning more than $14 billion a year to investors in the form of a dividend, the company has repurchased close to $520 billion worth of its common stock since initiating a buyback program in 2013. That's not pocket change, and it's an easy way to get the attention of Warren Buffet and New England Asset Management's investment-portfolio managers.</p><h2>Financials: 37.45% of invested assets</h2><p>The second sector that New England Asset Management has absolutely piled into is (drum roll) financials! Did you expect anything else from a company with an insurance-based background?</p><p>As a whole, NEAM holds stakes in 51 financial securities. I say "securities," because NEAM invests in stocks, exchange-traded funds, and preferred stock. But once again, only a small handful of these investments account for the lion's share of the 37.45% of invested assets tied up in financial stocks. This includes <a href=\"https://laohu8.com/S/USB\">U.S. Bancorp </a>, <a href=\"https://laohu8.com/S/BAC\">Bank of America </a>, the SPDR S&P 500 ETF, and the Bank of New York Mellon.</p><p>Together, these four securities account for 32.98% of the 37.45% in financial sector-invested assets. You might note that Berkshire Hathaway has stakes in all four of these financial securities, too, in its portfolio.</p><p>Regional bank U.S. Bancorp and money-center giant Bank of America each make up about 14.9% of invested assets (29.8% on a combined basis). When held for long periods of time, bank stocks benefit from the disproportionately longer period of time the U.S. economy spends expanding, relative to contracting.</p><p>Although downturns are inevitable, the U.S. economy naturally expands over time. That allows U.S. Bancorp and Bank of America to grow their loans and deposits.</p><p>Bank of America and U.S. Bancorp are also benefiting from a combination of rising interest rates and digitization investments. The former noted in its June-ended quarterly investor presentation that a 100 basis-point parallel shift in the interest-rate yield curve would generate an estimated $5 billion in added net-interest income over 12 months.</p><p>Meanwhile, U.S. Bancorp has set the standard for digital engagement. It ended June with 82% of its active customers banking digitally and had 64% of total sales completed online or via its app. Since digital transactions cost a fraction of what in-person or phone-based transactions do, this digital push is helping boost U.S. Bancorp's efficiency.</p><p>Financials may not be the sexiest place to put your money to work, but they have all the tools to take advantage of a steadily growing economy over the long term.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett's Secret Portfolio Has 95% of Its Assets in These 2 Sectors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett's Secret Portfolio Has 95% of Its Assets in These 2 Sectors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-05 23:27 GMT+8 <a href=https://www.fool.com/investing/2022/08/05/warren-buffett-secret-portfolio-95-assets-2-sector/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe Oracle of Omaha has a nose for making money, as evidenced by the 20.1% average annual return for his company's stock since 1965.As a result of an acquisition in 1998, Berkshire Hathaway ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/05/warren-buffett-secret-portfolio-95-assets-2-sector/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/05/warren-buffett-secret-portfolio-95-assets-2-sector/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151284770","content_text":"KEY POINTSThe Oracle of Omaha has a nose for making money, as evidenced by the 20.1% average annual return for his company's stock since 1965.As a result of an acquisition in 1998, Berkshire Hathaway owns an investment company with $6.3 billion in assets under management.This \"hidden\" portfolio is highly concentrated.Berkshire Hathaway's $6.3 billion hidden portfolio has piled nearly all of its capital into two sectors.Few investors have a more impressive track record than Berkshire Hathaway (BRK.A) (BRK.B) CEO Warren Buffett. In the 57 years he's held the reins at Berkshire, he's led his company's Class A shares (BRK.A) to an average annual return of 20.1%, which equates to an aggregate return of more than 3,600,000%.Buffett's success as an investor is due tomyriad factors, including a willingness to hold investments for long periods of time, as well as his love of cyclical companies and dividend stocks.But something you may not know about the Oracle of Omaha is that he has a secret portfolio containing $6.3 billion in assets under management, as of March 31, 2022. While it's relatively easy to follow Buffett's trading activity via 13F filings with the Securities and Exchange Commission, you won't find these holdings in Berkshire's 13F filing.In 1998, Buffett's company acquired insurer General Re for $22 billion. While the prized asset of the General Re buyout was the company's reinsurance operations, General Re also controlled specialty investment firm New England Asset Management (NEAM).To be perfectly clear, Warren Buffett and the investing team making the decisions for Berkshire Hathaway's more than $350 billion investment portfolio don't oversee NEAM's $6.3 billion investment portfolio. Nevertheless, New England Asset Management is an owned entity of Buffett's company. This means the assets held in NEAM's investment portfolio are, ultimately, \"owned\" by the Oracle of Omaha.With $6.3 billion in assets under management, New England Asset Management is required to file a 13F just like its parent company. But unlike Berkshire Hathaway, NEAM has its fingers in more than three times as many securities as Berkshire (52 for Berkshire, compared to more than 160 for NEAM).What's similar is that Buffett's secret portfolio has invested the vast majority of its assets into a small concentration of sectors. In New England Asset Management's case, 95% of its assets are invested in just the following two sectors.Technology: 57.49% of invested assetsThe sector Warren Buffett's secret portfolio unquestionably favors the most is information technology. In total, NEAM has positions in 17 different tech stocks, including software behemoth Microsoft, semiconductor solutions-specialist Broadcom, payroll solutions-provider Paychex, and legacy stalwarts like HP and IBM.But here's the jaw-dropping stat that really defines New England Asset Management's \"love of tech.\" Out of the 57.49% of assets invested in information technology at the end of March, virtually all of it (56.62%) was tied up in Apple . This means the other 16 tech stocks held by NEAM make up just 0.87% of invested assets, on a combined basis!There's certainly something to be said about Berkshire Hathaway and New England Asset Management sharing their largest positions. Then again, Apple has given investors an abundance of reasons to trust in the company over the long run.To begin with, Apple is arguably the most valuable and recognized brand in the world. Earlier this year, Brand Finance labeled Apple as the world's most valuable brand for a second consecutive year. Brand Finance cited the company's range of services, its bolstered privacy and environmental push, and its diversified product line as reasons for hanging onto the top spot among global brands.Innovation is another reason Apple has been such a superstar for the investing community. Since Apple introduced a 5G-capable version of its iPhone in the fourth quarter of 2020, its U.S. smartphone market share has held at 50% or above in 5 out of 6 quarters, according to Counterpoint Research.But it's not just product innovation that's driving results. Apple CEO Tim Cook is overseeing an ongoing transition of his company to a service-oriented business. A subscription-driven model should help boost long-term operating margins and lessen the bumpiness often associated with product-replacement cycles. Keep in mind that Apple isn't abandoning the product line that brought it fame. The company is simply evolving in order to grow.Apple is also in a league of its own when it comes to capital-return programs. In addition to returning more than $14 billion a year to investors in the form of a dividend, the company has repurchased close to $520 billion worth of its common stock since initiating a buyback program in 2013. That's not pocket change, and it's an easy way to get the attention of Warren Buffet and New England Asset Management's investment-portfolio managers.Financials: 37.45% of invested assetsThe second sector that New England Asset Management has absolutely piled into is (drum roll) financials! Did you expect anything else from a company with an insurance-based background?As a whole, NEAM holds stakes in 51 financial securities. I say \"securities,\" because NEAM invests in stocks, exchange-traded funds, and preferred stock. But once again, only a small handful of these investments account for the lion's share of the 37.45% of invested assets tied up in financial stocks. This includes U.S. Bancorp , Bank of America , the SPDR S&P 500 ETF, and the Bank of New York Mellon.Together, these four securities account for 32.98% of the 37.45% in financial sector-invested assets. You might note that Berkshire Hathaway has stakes in all four of these financial securities, too, in its portfolio.Regional bank U.S. Bancorp and money-center giant Bank of America each make up about 14.9% of invested assets (29.8% on a combined basis). When held for long periods of time, bank stocks benefit from the disproportionately longer period of time the U.S. economy spends expanding, relative to contracting.Although downturns are inevitable, the U.S. economy naturally expands over time. That allows U.S. Bancorp and Bank of America to grow their loans and deposits.Bank of America and U.S. Bancorp are also benefiting from a combination of rising interest rates and digitization investments. The former noted in its June-ended quarterly investor presentation that a 100 basis-point parallel shift in the interest-rate yield curve would generate an estimated $5 billion in added net-interest income over 12 months.Meanwhile, U.S. Bancorp has set the standard for digital engagement. It ended June with 82% of its active customers banking digitally and had 64% of total sales completed online or via its app. Since digital transactions cost a fraction of what in-person or phone-based transactions do, this digital push is helping boost U.S. Bancorp's efficiency.Financials may not be the sexiest place to put your money to work, but they have all the tools to take advantage of a steadily growing economy over the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":880806935,"gmtCreate":1631028332127,"gmtModify":1676530448136,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/880806935","repostId":"2165516133","repostType":4,"repost":{"id":"2165516133","kind":"news","pubTimestamp":1631027571,"share":"https://ttm.financial/m/news/2165516133?lang=&edition=full_marsco","pubTime":"2021-09-07 23:12","market":"us","language":"en","title":"JPMorgan Stakes Its Own Capital on Record European Junk Bond Bet","url":"https://stock-news.laohu8.com/highlight/detail?id=2165516133","media":"Bloomberg","summary":"(Bloomberg) -- JPMorgan Chase & Co. has committed more of its balance sheet to European junk bonds a","content":"<p><img src=\"https://static.tigerbbs.com/53a1b1849122b68fe2ec1df140ed704d\" tg-width=\"1296\" tg-height=\"772\" referrerpolicy=\"no-referrer\"></p>\n<p>(Bloomberg) -- JPMorgan Chase & Co. has committed more of its balance sheet to European junk bonds and loans than ever before as it bets on continued easy money and transitory inflation.</p>\n<p>The bank has underwritten around 43 deals so far in 2021, the most on record, while its bridge loan book is the highest since the global financial crisis, according to Ben Thompson and Daniel Rudnicki Schlumberger, co-heads of leveraged finance for Europe, Middle East and Africa.</p>\n<p>JPMorgan is upping the ante even as strategists at HSBC Holdings Plc warn that euro credit markets have become over-priced and buffers too thin to weather shocks. U.S. and European junk bonds are leading returns in fixed-income markets tracked by Bloomberg this year, up 4.7% and 4.5% as investors plow record amounts of cash into the market.</p>\n<p>The firm is putting its own capital at stake on a bet that there’s still a lot of juice left in that rally, its bankers said in a phone interview ahead of the lender’s European High Yield & Leveraged Finance Conference on Wednesday. They’re confident that monetary policy will remain supportive amid price pressures that will prove transitory, while companies make the most of rebounding growth by going on an acquisition spree.</p>\n<p>When a bank underwrites a deal, it gives borrowers the guarantee that they will not have to pay more than an agreed rate of annual interest. It leaves the underwriting bank on the hook if investors balk.</p>\n<p>Similarly, underwriters that extend acquisition financing via a bridge loan assume they’ll be repaid from a refinancing by the borrowers using the balance sheet of the company they’re acquiring.</p>\n<p>The bank has a pipeline of 45 deals for September and October, and has underwritten around a third of these deals, according to Rudnicki Schlumberger and Thompson.</p>\n<p>They expect these future sales to be absorbed in a year that could tally a new record of about 220 billion euros ($261 billion) in leveraged loans and high-yield bonds.</p>\n<p>That’s not to say they’re expecting smooth sailing throughout.</p>\n<p>“The calendar is pretty well telegraphed so we’re confident there will be enough demand,” Thompson said. “But of course there’s a worry that when the market is actually confronted with the supply, there could be a short-term back-up.”</p>\n<p>M&A activity has partly been driven by stronger companies scooping up weaker firms with broken balance sheets after being dismantled and sold, Rudnicki Schlumberger said. Technology is also a big driver of M&A activity amid fierce competition.</p>\n<p>Global private equity dry powder, also including balanced, co-investment funds and turnaround funds, is running at a record $1.74 trillion as of this month, up around 8% from 2020, according to data from Preqin.</p>\n<p>“We’ve never seen such an active market and it’s mostly driven by M&A activity,” Rudnicki Schlumberger said. “We’ve been going all guns blazing in underwriting client risk.”</p>\n<p><b>Europe</b></p>\n<p>Europe’s bankers continued to fire out deals on Tuesday with 17 transactions expected to price in the region’s primary market.</p>\n<p>Spain is poised to test investor demand for green sovereign paper with its first visit to Europe’s ethical publicly syndicated bond marketThe nation is seeking to raise 5 billion euros ($5.9 billion) by offering a bond maturing in 2042 via banks TuesdayMORE: Spain Joins Green Rush With Debut Sovereign Bond Offering (1)Elsewhere, Deutsche Telekom agreed to sell its Dutch unit to Warburg Pincus and Apax Partners for 5.1 billion euros, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its largest divestments in recent years</p>\n<p><b>Asia</b></p>\n<p>Asia’s primary bond market started slowly with just a handful of new issues poised to price this week.</p>\n<p>KWG Group sold additional $100 million 5.95% notes due in 2025 on Tuesday, while borrowers including Power Finance Corp and DBS Group are among those marketing new issues this week</p>\n<p><b>U.S.</b></p>\n<p>A handful of dollar deals were announced on Tuesday morning following the U.S. Labor Day holiday.</p>\n<p>$Royal Bank of Canada(RY-T)$ is marketing a dollar benchmark-sized five-year covered deal, while Kommuninvest readies a $1 billion four-year transaction</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Stakes Its Own Capital on Record European Junk Bond Bet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Stakes Its Own Capital on Record European Junk Bond Bet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 23:12 GMT+8 <a href=https://finance.yahoo.com/news/jpmorgan-stakes-own-capital-record-111551346.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- JPMorgan Chase & Co. has committed more of its balance sheet to European junk bonds and loans than ever before as it bets on continued easy money and transitory inflation.\nThe bank has ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jpmorgan-stakes-own-capital-record-111551346.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/jpmorgan-stakes-own-capital-record-111551346.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2165516133","content_text":"(Bloomberg) -- JPMorgan Chase & Co. has committed more of its balance sheet to European junk bonds and loans than ever before as it bets on continued easy money and transitory inflation.\nThe bank has underwritten around 43 deals so far in 2021, the most on record, while its bridge loan book is the highest since the global financial crisis, according to Ben Thompson and Daniel Rudnicki Schlumberger, co-heads of leveraged finance for Europe, Middle East and Africa.\nJPMorgan is upping the ante even as strategists at HSBC Holdings Plc warn that euro credit markets have become over-priced and buffers too thin to weather shocks. U.S. and European junk bonds are leading returns in fixed-income markets tracked by Bloomberg this year, up 4.7% and 4.5% as investors plow record amounts of cash into the market.\nThe firm is putting its own capital at stake on a bet that there’s still a lot of juice left in that rally, its bankers said in a phone interview ahead of the lender’s European High Yield & Leveraged Finance Conference on Wednesday. They’re confident that monetary policy will remain supportive amid price pressures that will prove transitory, while companies make the most of rebounding growth by going on an acquisition spree.\nWhen a bank underwrites a deal, it gives borrowers the guarantee that they will not have to pay more than an agreed rate of annual interest. It leaves the underwriting bank on the hook if investors balk.\nSimilarly, underwriters that extend acquisition financing via a bridge loan assume they’ll be repaid from a refinancing by the borrowers using the balance sheet of the company they’re acquiring.\nThe bank has a pipeline of 45 deals for September and October, and has underwritten around a third of these deals, according to Rudnicki Schlumberger and Thompson.\nThey expect these future sales to be absorbed in a year that could tally a new record of about 220 billion euros ($261 billion) in leveraged loans and high-yield bonds.\nThat’s not to say they’re expecting smooth sailing throughout.\n“The calendar is pretty well telegraphed so we’re confident there will be enough demand,” Thompson said. “But of course there’s a worry that when the market is actually confronted with the supply, there could be a short-term back-up.”\nM&A activity has partly been driven by stronger companies scooping up weaker firms with broken balance sheets after being dismantled and sold, Rudnicki Schlumberger said. Technology is also a big driver of M&A activity amid fierce competition.\nGlobal private equity dry powder, also including balanced, co-investment funds and turnaround funds, is running at a record $1.74 trillion as of this month, up around 8% from 2020, according to data from Preqin.\n“We’ve never seen such an active market and it’s mostly driven by M&A activity,” Rudnicki Schlumberger said. “We’ve been going all guns blazing in underwriting client risk.”\nEurope\nEurope’s bankers continued to fire out deals on Tuesday with 17 transactions expected to price in the region’s primary market.\nSpain is poised to test investor demand for green sovereign paper with its first visit to Europe’s ethical publicly syndicated bond marketThe nation is seeking to raise 5 billion euros ($5.9 billion) by offering a bond maturing in 2042 via banks TuesdayMORE: Spain Joins Green Rush With Debut Sovereign Bond Offering (1)Elsewhere, Deutsche Telekom agreed to sell its Dutch unit to Warburg Pincus and Apax Partners for 5.1 billion euros, one of its largest divestments in recent years\nAsia\nAsia’s primary bond market started slowly with just a handful of new issues poised to price this week.\nKWG Group sold additional $100 million 5.95% notes due in 2025 on Tuesday, while borrowers including Power Finance Corp and DBS Group are among those marketing new issues this week\nU.S.\nA handful of dollar deals were announced on Tuesday morning following the U.S. Labor Day holiday.\n$Royal Bank of Canada(RY-T)$ is marketing a dollar benchmark-sized five-year covered deal, while Kommuninvest readies a $1 billion four-year transaction","news_type":1},"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805045589,"gmtCreate":1627828683741,"gmtModify":1703496352366,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/805045589","repostId":"1147877145","repostType":4,"isVote":1,"tweetType":1,"viewCount":669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830031751,"gmtCreate":1628992807173,"gmtModify":1676529904957,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/830031751","repostId":"2159215676","repostType":4,"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890410563,"gmtCreate":1628127818152,"gmtModify":1703501709581,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/890410563","repostId":"2157483930","repostType":4,"isVote":1,"tweetType":1,"viewCount":604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801230431,"gmtCreate":1627517844923,"gmtModify":1703491427149,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"wow 47% increase in ad prices, no thanks to ios14. metaverse sounds very cool, almost like a merge of the physical and digital world. as of now, fb will grow slowly ","listText":"wow 47% increase in ad prices, no thanks to ios14. metaverse sounds very cool, almost like a merge of the physical and digital world. as of now, fb will grow slowly ","text":"wow 47% increase in ad prices, no thanks to ios14. metaverse sounds very cool, almost like a merge of the physical and digital world. as of now, fb will grow slowly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/801230431","repostId":"1171529765","repostType":4,"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175231534,"gmtCreate":1627032996928,"gmtModify":1703482866229,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] 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href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>good","listText":"<a href=\"https://ttm.financial/S/MO\">$Altria(MO)$</a>good","text":"$Altria(MO)$good","images":[{"img":"https://community-static.tradeup.com/news/3439408cc273909f3ba17b09d3bb98e3","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/9905765319","isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893767670,"gmtCreate":1628301686990,"gmtModify":1703504770270,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/893767670","repostId":"1143051031","repostType":4,"isVote":1,"tweetType":1,"viewCount":510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808781232,"gmtCreate":1627610553926,"gmtModify":1703493312210,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"Impressive that we’re above peak pre-pandemic levels","listText":"Impressive that we’re above peak pre-pandemic levels","text":"Impressive that we’re above peak pre-pandemic 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href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a>g","text":"$Microsoft(MSFT)$g","images":[{"img":"https://community-static.tradeup.com/news/66ebce2a4ce443ccbf14d544715d4448","width":"1125","height":"3678"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9996001054","isVote":1,"tweetType":1,"viewCount":1418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":812874645,"gmtCreate":1630578241087,"gmtModify":1676530345590,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812874645","repostId":"1115135473","repostType":4,"repost":{"id":"1115135473","kind":"news","pubTimestamp":1630575762,"share":"https://ttm.financial/m/news/1115135473?lang=&edition=full_marsco","pubTime":"2021-09-02 17:42","market":"sg","language":"en","title":"Singapore Exchange launches SPAC rules after easing some proposals","url":"https://stock-news.laohu8.com/highlight/detail?id=1115135473","media":"Reuters","summary":"SINGAPORE, Sept 2 (Reuters) - Singapore Exchange unveiled new rules on Thursday to allow special pur","content":"<p>SINGAPORE, Sept 2 (Reuters) - Singapore Exchange unveiled new rules on Thursday to allow special purpose acquisition companies (SPACs) to list in the city-state, after rolling back some measures that were viewed as too strict by market participants.</p>\n<p>Following a market consultation, SGX’s regulatory arm announced rules that included halving the minimum capitalisation requirement for SPACs to S$150 million ($112 million) from its initial proposal.</p>\n<p>It also said it will now allow warrants to be detachable and all shareholders would have redemption rights.</p>\n<p>SGX’s rules, effective from Friday, would make it the first Asian bourse to allow blank check companies to list after the frenzy seen in such investment vehicles in the United States since 2020, although the popularity seems to be peaking.</p>\n<p>“SGX’s SPAC framework will give companies an alternative capital fund raising route with greater certainty on price and execution,” Tan Boon Gin, CEO of Singapore Exchange Regulation said in a statement.</p>\n<p>Citing sources, Reuters reported on Wednesdayherethat the SGX was set to issue easier rules for SPAC listings.</p>\n<p>SPACs are shell corporations that list on stock exchanges and then merge with an existing company to take that public, offering it shorter listing timeframes and strong valuations.</p>\n<p>SGX, which has struggled to capture large listings of high-growth firms and faces prospects of losing out in courting Southeast Asian startups looking to list in their home marketshereor in the United States, expects the rules to boost listings.</p>\n<p>“We are actively engaging with potential sponsors and are expecting a robust pipeline of Asian-focused SPACs,” Mohamed Nasser Ismail, head of equity capital markets at SGX said in a statement.</p>\n<p>In a consultation paper for SPAC listings issued in late Marchhere, SGX had outlined measures to rein in risks seen in U.S. SPACs.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Exchange launches SPAC rules after easing some proposals</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Exchange launches SPAC rules after easing some proposals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 17:42 GMT+8 <a href=https://www.reuters.com/article/sgx-regulation-spacs/singapore-exchange-launches-spac-rules-after-easing-some-proposals-idUSL1N2Q40IA><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE, Sept 2 (Reuters) - Singapore Exchange unveiled new rules on Thursday to allow special purpose acquisition companies (SPACs) to list in the city-state, after rolling back some measures that ...</p>\n\n<a href=\"https://www.reuters.com/article/sgx-regulation-spacs/singapore-exchange-launches-spac-rules-after-easing-some-proposals-idUSL1N2Q40IA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/sgx-regulation-spacs/singapore-exchange-launches-spac-rules-after-easing-some-proposals-idUSL1N2Q40IA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115135473","content_text":"SINGAPORE, Sept 2 (Reuters) - Singapore Exchange unveiled new rules on Thursday to allow special purpose acquisition companies (SPACs) to list in the city-state, after rolling back some measures that were viewed as too strict by market participants.\nFollowing a market consultation, SGX’s regulatory arm announced rules that included halving the minimum capitalisation requirement for SPACs to S$150 million ($112 million) from its initial proposal.\nIt also said it will now allow warrants to be detachable and all shareholders would have redemption rights.\nSGX’s rules, effective from Friday, would make it the first Asian bourse to allow blank check companies to list after the frenzy seen in such investment vehicles in the United States since 2020, although the popularity seems to be peaking.\n“SGX’s SPAC framework will give companies an alternative capital fund raising route with greater certainty on price and execution,” Tan Boon Gin, CEO of Singapore Exchange Regulation said in a statement.\nCiting sources, Reuters reported on Wednesdayherethat the SGX was set to issue easier rules for SPAC listings.\nSPACs are shell corporations that list on stock exchanges and then merge with an existing company to take that public, offering it shorter listing timeframes and strong valuations.\nSGX, which has struggled to capture large listings of high-growth firms and faces prospects of losing out in courting Southeast Asian startups looking to list in their home marketshereor in the United States, expects the rules to boost listings.\n“We are actively engaging with potential sponsors and are expecting a robust pipeline of Asian-focused SPACs,” Mohamed Nasser Ismail, head of equity capital markets at SGX said in a statement.\nIn a consultation paper for SPAC listings issued in late Marchhere, SGX had outlined measures to rein in risks seen in U.S. SPACs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806776757,"gmtCreate":1627696950979,"gmtModify":1703494836038,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806776757","repostId":"2155001152","repostType":4,"isVote":1,"tweetType":1,"viewCount":512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902592553,"gmtCreate":1659718673776,"gmtModify":1704271553267,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9902592553","repostId":"1151284770","repostType":4,"repost":{"id":"1151284770","kind":"news","pubTimestamp":1659713272,"share":"https://ttm.financial/m/news/1151284770?lang=&edition=full_marsco","pubTime":"2022-08-05 23:27","market":"us","language":"en","title":"Warren Buffett's Secret Portfolio Has 95% of Its Assets in These 2 Sectors","url":"https://stock-news.laohu8.com/highlight/detail?id=1151284770","media":"Motley Fool","summary":"KEY POINTSThe Oracle of Omaha has a nose for making money, as evidenced by the 20.1% average annual ","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>The Oracle of Omaha has a nose for making money, as evidenced by the 20.1% average annual return for his company's stock since 1965.</li><li>As a result of an acquisition in 1998, Berkshire Hathaway owns an investment company with $6.3 billion in assets under management.</li><li>This "hidden" portfolio is highly concentrated.</li></ul><p>Berkshire Hathaway's $6.3 billion hidden portfolio has piled nearly all of its capital into two sectors.</p><p>Few investors have a more impressive track record than <b>Berkshire Hathaway</b> (BRK.A) (BRK.B) CEO Warren Buffett. In the 57 years he's held the reins at Berkshire, he's led his company's Class A shares (BRK.A) to an average annual return of 20.1%, which equates to an aggregate return of more than 3,600,000%.</p><p>Buffett's success as an investor is due tomyriad factors, including a willingness to hold investments for long periods of time, as well as his love of cyclical companies and dividend stocks.</p><p>But something you may not know about the Oracle of Omaha is that he has a secret portfolio containing $6.3 billion in assets under management, as of March 31, 2022. While it's relatively easy to follow Buffett's trading activity via 13F filings with the Securities and Exchange Commission, you won't find these holdings in Berkshire's 13F filing.</p><p>In 1998, Buffett's company acquired insurer General Re for $22 billion. While the prized asset of the General Re buyout was the company's reinsurance operations, General Re also controlled specialty investment firm New England Asset Management (NEAM).</p><p>To be perfectly clear, Warren Buffett and the investing team making the decisions for Berkshire Hathaway's more than $350 billion investment portfolio don't oversee NEAM's $6.3 billion investment portfolio. Nevertheless, New England Asset Management is an owned entity of Buffett's company. This means the assets held in NEAM's investment portfolio are, ultimately, "owned" by the Oracle of Omaha.</p><p>With $6.3 billion in assets under management, New England Asset Management is required to file a 13F just like its parent company. But unlike Berkshire Hathaway, NEAM has its fingers in more than three times as many securities as Berkshire (52 for Berkshire, compared to more than 160 for NEAM).</p><p>What's similar is that Buffett's secret portfolio has invested the vast majority of its assets into a small concentration of sectors. In New England Asset Management's case, 95% of its assets are invested in just the following two sectors.</p><h3>Technology: 57.49% of invested assets</h3><p>The sector Warren Buffett's secret portfolio unquestionably favors the most is information technology. In total, NEAM has positions in 17 different tech stocks, including software behemoth <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, semiconductor solutions-specialist <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, payroll solutions-provider <a href=\"https://laohu8.com/S/PAYX\">Paychex</a>, and legacy stalwarts like HP and <a href=\"https://laohu8.com/S/IBM\">IBM</a>.</p><p>But here's the jaw-dropping stat that really defines New England Asset Management's "love of tech." Out of the 57.49% of assets invested in information technology at the end of March, virtually all of it (56.62%) was tied up in <a href=\"https://laohu8.com/S/AAPL\">Apple </a>. This means the other 16 tech stocks held by NEAM make up just 0.87% of invested assets, on a combined basis!</p><p>There's certainly something to be said about Berkshire Hathaway and New England Asset Management sharing their largest positions. Then again, Apple has given investors an abundance of reasons to trust in the company over the long run.</p><p>To begin with, Apple is arguably the most valuable and recognized brand in the world. Earlier this year, Brand Finance labeled Apple as the world's most valuable brand for a second consecutive year. Brand Finance cited the company's range of services, its bolstered privacy and environmental push, and its diversified product line as reasons for hanging onto the top spot among global brands.</p><p>Innovation is another reason Apple has been such a superstar for the investing community. Since Apple introduced a 5G-capable version of its iPhone in the fourth quarter of 2020, its U.S. smartphone market share has held at 50% or above in 5 out of 6 quarters, according to Counterpoint Research.</p><p>But it's not just product innovation that's driving results. Apple CEO Tim Cook is overseeing an ongoing transition of his company to a service-oriented business. A subscription-driven model should help boost long-term operating margins and lessen the bumpiness often associated with product-replacement cycles. Keep in mind that Apple isn't abandoning the product line that brought it fame. The company is simply evolving in order to grow.</p><p>Apple is also in a league of its own when it comes to capital-return programs. In addition to returning more than $14 billion a year to investors in the form of a dividend, the company has repurchased close to $520 billion worth of its common stock since initiating a buyback program in 2013. That's not pocket change, and it's an easy way to get the attention of Warren Buffet and New England Asset Management's investment-portfolio managers.</p><h2>Financials: 37.45% of invested assets</h2><p>The second sector that New England Asset Management has absolutely piled into is (drum roll) financials! Did you expect anything else from a company with an insurance-based background?</p><p>As a whole, NEAM holds stakes in 51 financial securities. I say "securities," because NEAM invests in stocks, exchange-traded funds, and preferred stock. But once again, only a small handful of these investments account for the lion's share of the 37.45% of invested assets tied up in financial stocks. This includes <a href=\"https://laohu8.com/S/USB\">U.S. Bancorp </a>, <a href=\"https://laohu8.com/S/BAC\">Bank of America </a>, the SPDR S&P 500 ETF, and the Bank of New York Mellon.</p><p>Together, these four securities account for 32.98% of the 37.45% in financial sector-invested assets. You might note that Berkshire Hathaway has stakes in all four of these financial securities, too, in its portfolio.</p><p>Regional bank U.S. Bancorp and money-center giant Bank of America each make up about 14.9% of invested assets (29.8% on a combined basis). When held for long periods of time, bank stocks benefit from the disproportionately longer period of time the U.S. economy spends expanding, relative to contracting.</p><p>Although downturns are inevitable, the U.S. economy naturally expands over time. That allows U.S. Bancorp and Bank of America to grow their loans and deposits.</p><p>Bank of America and U.S. Bancorp are also benefiting from a combination of rising interest rates and digitization investments. The former noted in its June-ended quarterly investor presentation that a 100 basis-point parallel shift in the interest-rate yield curve would generate an estimated $5 billion in added net-interest income over 12 months.</p><p>Meanwhile, U.S. Bancorp has set the standard for digital engagement. It ended June with 82% of its active customers banking digitally and had 64% of total sales completed online or via its app. Since digital transactions cost a fraction of what in-person or phone-based transactions do, this digital push is helping boost U.S. Bancorp's efficiency.</p><p>Financials may not be the sexiest place to put your money to work, but they have all the tools to take advantage of a steadily growing economy over the long term.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett's Secret Portfolio Has 95% of Its Assets in These 2 Sectors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett's Secret Portfolio Has 95% of Its Assets in These 2 Sectors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-05 23:27 GMT+8 <a href=https://www.fool.com/investing/2022/08/05/warren-buffett-secret-portfolio-95-assets-2-sector/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe Oracle of Omaha has a nose for making money, as evidenced by the 20.1% average annual return for his company's stock since 1965.As a result of an acquisition in 1998, Berkshire Hathaway ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/05/warren-buffett-secret-portfolio-95-assets-2-sector/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/05/warren-buffett-secret-portfolio-95-assets-2-sector/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151284770","content_text":"KEY POINTSThe Oracle of Omaha has a nose for making money, as evidenced by the 20.1% average annual return for his company's stock since 1965.As a result of an acquisition in 1998, Berkshire Hathaway owns an investment company with $6.3 billion in assets under management.This \"hidden\" portfolio is highly concentrated.Berkshire Hathaway's $6.3 billion hidden portfolio has piled nearly all of its capital into two sectors.Few investors have a more impressive track record than Berkshire Hathaway (BRK.A) (BRK.B) CEO Warren Buffett. In the 57 years he's held the reins at Berkshire, he's led his company's Class A shares (BRK.A) to an average annual return of 20.1%, which equates to an aggregate return of more than 3,600,000%.Buffett's success as an investor is due tomyriad factors, including a willingness to hold investments for long periods of time, as well as his love of cyclical companies and dividend stocks.But something you may not know about the Oracle of Omaha is that he has a secret portfolio containing $6.3 billion in assets under management, as of March 31, 2022. While it's relatively easy to follow Buffett's trading activity via 13F filings with the Securities and Exchange Commission, you won't find these holdings in Berkshire's 13F filing.In 1998, Buffett's company acquired insurer General Re for $22 billion. While the prized asset of the General Re buyout was the company's reinsurance operations, General Re also controlled specialty investment firm New England Asset Management (NEAM).To be perfectly clear, Warren Buffett and the investing team making the decisions for Berkshire Hathaway's more than $350 billion investment portfolio don't oversee NEAM's $6.3 billion investment portfolio. Nevertheless, New England Asset Management is an owned entity of Buffett's company. This means the assets held in NEAM's investment portfolio are, ultimately, \"owned\" by the Oracle of Omaha.With $6.3 billion in assets under management, New England Asset Management is required to file a 13F just like its parent company. But unlike Berkshire Hathaway, NEAM has its fingers in more than three times as many securities as Berkshire (52 for Berkshire, compared to more than 160 for NEAM).What's similar is that Buffett's secret portfolio has invested the vast majority of its assets into a small concentration of sectors. In New England Asset Management's case, 95% of its assets are invested in just the following two sectors.Technology: 57.49% of invested assetsThe sector Warren Buffett's secret portfolio unquestionably favors the most is information technology. In total, NEAM has positions in 17 different tech stocks, including software behemoth Microsoft, semiconductor solutions-specialist Broadcom, payroll solutions-provider Paychex, and legacy stalwarts like HP and IBM.But here's the jaw-dropping stat that really defines New England Asset Management's \"love of tech.\" Out of the 57.49% of assets invested in information technology at the end of March, virtually all of it (56.62%) was tied up in Apple . This means the other 16 tech stocks held by NEAM make up just 0.87% of invested assets, on a combined basis!There's certainly something to be said about Berkshire Hathaway and New England Asset Management sharing their largest positions. Then again, Apple has given investors an abundance of reasons to trust in the company over the long run.To begin with, Apple is arguably the most valuable and recognized brand in the world. Earlier this year, Brand Finance labeled Apple as the world's most valuable brand for a second consecutive year. Brand Finance cited the company's range of services, its bolstered privacy and environmental push, and its diversified product line as reasons for hanging onto the top spot among global brands.Innovation is another reason Apple has been such a superstar for the investing community. Since Apple introduced a 5G-capable version of its iPhone in the fourth quarter of 2020, its U.S. smartphone market share has held at 50% or above in 5 out of 6 quarters, according to Counterpoint Research.But it's not just product innovation that's driving results. Apple CEO Tim Cook is overseeing an ongoing transition of his company to a service-oriented business. A subscription-driven model should help boost long-term operating margins and lessen the bumpiness often associated with product-replacement cycles. Keep in mind that Apple isn't abandoning the product line that brought it fame. The company is simply evolving in order to grow.Apple is also in a league of its own when it comes to capital-return programs. In addition to returning more than $14 billion a year to investors in the form of a dividend, the company has repurchased close to $520 billion worth of its common stock since initiating a buyback program in 2013. That's not pocket change, and it's an easy way to get the attention of Warren Buffet and New England Asset Management's investment-portfolio managers.Financials: 37.45% of invested assetsThe second sector that New England Asset Management has absolutely piled into is (drum roll) financials! Did you expect anything else from a company with an insurance-based background?As a whole, NEAM holds stakes in 51 financial securities. I say \"securities,\" because NEAM invests in stocks, exchange-traded funds, and preferred stock. But once again, only a small handful of these investments account for the lion's share of the 37.45% of invested assets tied up in financial stocks. This includes U.S. Bancorp , Bank of America , the SPDR S&P 500 ETF, and the Bank of New York Mellon.Together, these four securities account for 32.98% of the 37.45% in financial sector-invested assets. You might note that Berkshire Hathaway has stakes in all four of these financial securities, too, in its portfolio.Regional bank U.S. Bancorp and money-center giant Bank of America each make up about 14.9% of invested assets (29.8% on a combined basis). When held for long periods of time, bank stocks benefit from the disproportionately longer period of time the U.S. economy spends expanding, relative to contracting.Although downturns are inevitable, the U.S. economy naturally expands over time. That allows U.S. Bancorp and Bank of America to grow their loans and deposits.Bank of America and U.S. Bancorp are also benefiting from a combination of rising interest rates and digitization investments. The former noted in its June-ended quarterly investor presentation that a 100 basis-point parallel shift in the interest-rate yield curve would generate an estimated $5 billion in added net-interest income over 12 months.Meanwhile, U.S. Bancorp has set the standard for digital engagement. It ended June with 82% of its active customers banking digitally and had 64% of total sales completed online or via its app. Since digital transactions cost a fraction of what in-person or phone-based transactions do, this digital push is helping boost U.S. Bancorp's efficiency.Financials may not be the sexiest place to put your money to work, but they have all the tools to take advantage of a steadily growing economy over the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807959382,"gmtCreate":1627998100546,"gmtModify":1703499348027,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807959382","repostId":"1124644819","repostType":4,"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805890699,"gmtCreate":1627868407311,"gmtModify":1703496817999,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/805890699","repostId":"1130492644","repostType":4,"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802884988,"gmtCreate":1627751965744,"gmtModify":1703495471231,"author":{"id":"3580159452749427","authorId":"3580159452749427","name":"jsjeiwjxiejeikdkd","avatar":"https://static.tigerbbs.com/44a54dca50454e9a6a96cdb66207aaf7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580159452749427","authorIdStr":"3580159452749427"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802884988","repostId":"1127411624","repostType":4,"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}