Warren Buffett served as a lender of last resort for a number of large companies during the global financial crisis of 2008. To date, these deals have returned approximately $10 billion to Berkshire Hathaway, Inc., Mr. Buffett’s conglomerate. “In terms of simple profitability, an average investor could have done just as well investing in the stock market if they bought during the panic period,” Mr. Buffett said.
The negative news of the government shutdown weighed on the major U.S. indices last week, as the Dow Jones tumbled 1.22% and the S&P 500 fell 0.07%.
However, both the NASDAQ and the MCSI Emerging Markets Index bucked the trend and ended the week 0.69% and 2.12% higher, respectively.
The big story in your Bull Market Alert portfolio was Krispy Kreme Doughnuts (KKD), which soared 14.43%. With your February $20 calls now up 73.91%, sell half of your options here to lock in some
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: