Warren Buffett reveals the heartbreaking real reason he stepped down from Berkshire Hathaway. Warren Buffett admitted that he only started to 'become old' when he hit the age of 90 which led to the Wall Street legend finally stepping down from Berkshire Hathaway at 94. Earlier this month, the 'Oracle of Omaha' attracted gasps and then a standing ovation when he broke the news during the annual meeting of his firm. Buffett gave no specific reason when he announced his departure, merely endorsing long-time chairman Greg Abel as his successor. 'I think the time has arrived where Greg should become the chief executive officer of the company at year end,' Buffett said. However, in a new interview, Buffett admitted that his age was finally catching up to him as he headed toward his mid-90s. 'I d
Singapore's biggest bank, DBS, says it expects to cut about 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans. The move will affect temporary and contract staff, a bank spokesperson said, with the reduction in the workforce coming from "natural attrition" as projects are completed. Permanent staff are not affected by the cuts. The bank's outgoing chief executive Piyush Gupta also said it expected to create around 1,000 new AI-related jobs. It makes DBS one of the first major banks to offer details on how AI will affect its operations.
$Tesla Motors(TSLA)$ Tesla Inc. (NASDAQ: TSLA) has recently experienced a significant uptick in its stock performance, closing at $347.68 on May 15, 2025, marking a 4.1% increase for the day. This surge contributes to an 18% rise in May and a 40% gain since the company's first-quarter earnings report in April. Prospects for Further Stock Appreciation The recent momentum in Tesla's stock is largely attributed to CEO Elon Musk's renewed focus on the company's core initiatives, notably the anticipated launch of autonomous robotaxis and the unveiling of the Optimus humanoid robot. Investors are optimistic about these developments, viewing them as potential catalysts for future growth. Feasibility
My Investment Journey: Blending Buffett's Wisdom with Global Macro Insights
When people ask how I became an investor, I tell them it was written in my stars - quite literally. Born into a family of stock market enthusiasts, I was reading stock tickers before I could read children's books. However, my real investment awakening came during my banking and finance studies at Nanyang Technological University, where I discovered equities and derivatives. That passion led me to win Singapore's national trading championship - a turning point that showed me my true calling wasn't just investing but teaching others how to invest wisely.The Making of a Hybrid InvestorMy approach blends Warren Buffett's fundamental analysis with global macroeconomic insights - a fusion born from my dual expertise in stock investing and forex trading. While I deeply admire Warren Buffett's foc
$SoundHound AI Inc(SOUN)$ If Tesla is focusing optical AI tech then SOUND is the Tesla in term of voice AI tech! I hope they can collaborate on each other tech to go even further in AI!
$UnitedHealth(UNH)$ As Warren Buffett says the lower the price of a stock goes, the safer it becomes as an investment. The higher the price goes, the more risky it becomes. However, this only applies to high quality businesses with pricing power, a durable economic moat, with a cheap valuation. Current PE at 13. Why I bought it? Same reason as why I bought META at $88 in 2022 when everyone say it has no hope already. PE for META was $8 back then. ATH: $680, current: $318. (-53%) Will continue to add more if the share price drop below $300. not a recommendation to buy and please do not buy it. DYODD.
$Lockheed Martin(LMT)$ Sold a portion of lmt after it lost support of both 100 and 50 sma and confirmed the 50 sma as resistance. A false breakout of $480 is also bearish.
$GOOG STRANGLE 250620 CALL 180.0/PUT 145.0$ Initiated a $GOOG strangle selling both sides of the move to capture premium. The call side is covered by an existing long position, reducing directional risk there. Letting time do the heavy lifting on this one. Will roll or adjust if price action pushes outside the expected range. Premiums are rich enough to stay active