It's a promising move by the famed investor's conglomerate, Darren Pollock, a portfolio manager at Cheviot Value Management, told Business Insider.
"The younger portfolio managers are not beholden to Buffett's recent views on precious metals," he noted. The deficit has ballooned this year, and may remain elevated for years as stimulus policies drive up government spending and a depressed economy weighs on tax revenues, Pollock said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the 20,000-member trading community started by college students - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stretched Ferrari 360 Modena limousine asks $287,000 — see inside - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 😮 Nah ! CarsInsider Rubbish!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Warren Buffett's Barrick Gold investment marks big change for investor - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider webinar with McKinsey, Bain, and PwC - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »