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Warren Buffett and Charlie Munger used concentrated stock positions to compound wealth. The methods ... More behind the strategy are examined along with data on the risks. (Photo credit should read JOHANNES EISELE/AFP via Getty Images)AFP via Getty Images Charlie’s portfolio was concentrated in very few securities and therefore his record was much more volatile but it was based on the same discount-from-value approach. He was willing to accept greater peaks and valleys of performance, and he happens to be a fellow whose whole psyche goes toward concentration, with the...

Solar stocks rebounded on Friday but were still on track to close out the week with steep losses as Wall Street assesses last-minute changes slipped into the tax-and-spending bill approved by the House this week, which threaten to disrupt the industry. SolarEdge (SEDG), Sunrun (RUN), Complete Solaria (SPWR), and Enphase Energy (ENPH) were among the biggest decliners this week, all down double-digit percentages. Most of the damage to the sector came on Thursday after the “big, beautiful bill” passed by one vote called for ending key investment and production tax...

US stock futures turned sharply lower after President Trump threatened new tariffs on the European Union and Apple (AAPL). In addition to warning Apple of a 25% tariff (see post below), Trump proposed applying a 50% tariff on all EU goods starting June 1 after trade talks stalled. "The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with," Trump posted on Truth Social. "Our discussions with them are going nowhere! Therefore, I am recommending...

New Delhi: An American proposal to tax money sent abroad by non-US citizens is raising concerns in India. If passed, this 5% tax on remittances could significantly impact Indian households and the country’s currency, potentially causing India to lose between $12 billion and $18 billion annually in foreign currency inflows, according to a report released by trade think tank Global Trade Research Initiative (GTRI) on Sunday.The tax is part of a bigger legislation, dubbed “The One Big Beautiful Bill,” introduced in the US House of Representatives on 12 May. It...

ADVERTISEMENTBillionaire investor Warren Buffet said on Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise as the 94-year-old had previously said he did not plan to retire.Buffett, one of the world's richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. He turned the company into a conglomerate by finding other businesses and stocks to buy that were selling for less than they were worth.His...