More than 200 years of research shows that owning stocks, which represent an ownership stake in a business, is the best way to generate long-term wealth. Our stock investing guides will explain how common stocks work, what preferred stocks are, how to understand dividends, stock basics for new investors, and advanced stock trading techniques for those who are ready to learn the deep knowledge of finance.

Joshua Kennon Berkshire Hathaway Annual Report 2014

Thoughts on Berkshire Hathaway’s Intrinsic Value – 2015 Edition

Surveying the most recent ten year period, the increase in Berkshire Hathaway’s economic engine has been breathtaking.  The Great Recession of 2008-2009 gave it the opportunity to lay out billions upon billions of dollars in cash it had been storing for years prior at terms that were unlike any deals we’ve seen in decades.  Convertible preferred stocks, warrants, private buyouts … the firm got its on hands highly lucrative securities, many of which were privately negotiated and offered return enhancers not available to average investors …

Nestle Dividend Day 2015 Nescafe

We Are Approaching the Nestlé ADR Dividend Date!

Now that the dividend has been paid on the Swiss shares (April 22nd), the stockholder meeting concluded (April 16th), and Citibank is working with the Swiss Tax Authorities to distribute all of those beautiful Swiss Francs shipped over from Vevey to the United States for holders of the ADR to receive their U.S. dollar equivalent payouts later this month on May 29th when the process has completed (can you believe it’s already been a year since the last time we had this conversation?), I wanted to write about Nestlé.

McDonald's Black and White Burger Taipei

The Black and White Burgers of McDonald’s Taipei

Long story short, I’ve been looking into Taipei for various reasons and, in the process, discovered that McDonald’s serves limited edition White and Black burgers there.  Besides the fact it warms this American’s heart to know that I’m collecting New Taipei dollars (McDonald’s dividend day was last week and, with the exception of my two sisters, I have practically every member of my family holding shares somewhere, so the deposit is fresh on my mind as I saw it come in across the accounts), I would very much like to try these out of sheer curiosity.

Nespresso Coffee Flavors

It’s Nestlé Dividend Day for American Stockholders!

Good morning, fellow Nestlé stockholders!  It’s that magical day of the year when the annual dividend gets paid out to American owners (or, technically, those who have opted to buy the ADR).  While those of you who hold your shares of Nestlé through Switzerland directly got your 2.15 CHF per share dividend on April 17th, those of you who opt for the Nestlé ADR traded here in the United States (which is likely most of you) get your dividends today!

Warren Buffett Berkshire Hathaway Stockholder Letter Commentary

Warren Buffett Hints That Berkshire Hathaway Shares Are Cheap In Stockholder Letter

I’m taking it as a given that practically everyone who reads this site has already gone through Warren Buffett’s stockholder letter, which Berkshire Hathaway released today. Personally, I love how, for only the third or fourth time in his career, Buffett essentially provides enough mathematical evidence to say to people, “You’re a moron for not buying Berkshire Hathaway at these prices, but I’ll never come right out and say it.”  He did it in sort of a clever way, too, to encourage people to run the figures.