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On this edition of Wall Street Week, Savita Subramanian, BofA Head of US Equity and Quantitative Strategy tells us why the UAW auto strike is more evidence of closing the wealth gap. Marty Chavez, Sixth Street Partners Vice Chairman explains the strategies the financial services world should employ when adopting AI. Ruth Simmons, Former Brown University President and Harvard University Senior Adviser urges corporations to lead the charge in improving diversity and access. Melissa Kearney, University of Maryland Professor explains the economic and educational advantage children have in a two-parent household and Lawrence H. Summers, Former US Treasury Secretary shares how he is teaming up with Bono to advocate for debt relief for developing economies.
Interview with James Wellsted, Executive VP Investor Relations. Sibanye-Stillwater is a global producer of gold and PGM metals and is becoming increasingly active in the battery metals sector. The company presented half-year results in an environment of falling PGM prices. The company is in a strong financial position as it is net debt free and continues to generate stable revenues. With the interest in the Mopani copper mine in Zambia, the company confirms its strategy to invest in future raw materials and has already made some investments for this purpose.
Company overview:
Sibanye-Stillwater Ltd. ► http://www.sibanyegold.co.za
ISIN: ZAE000173951 , WKN: A1KBRZ , FRA: 47V.F , Valor: 20139005
More videos about Sibanye-Stillwater Ltd. ► https://www.commodity-tv.com/ondemand...
On this edition of Wall Street Week, Kristina Hooper, Invesco Chief Global Market Strategist dives into the likelihood of a soft landing after hotter-than-expected ISM services data. Niall Ferguson, Hoover Institution Senior Fellow warns of catastrophic effects without swift regulation of artificial intelligence. Peter Stavros, KKR Global Co-Head of Private Equity and Kathy Bolhous, Charter Next Generation CEO discuss the benefits of employee ownership and Larry Culp, GE Chairman & CEO explains his priorities in turning GE around and his future plans for the company.
I just came across a long lost clip of Charlie Munger explaining the three things he would do to generate 50% annual returns investing small amounts of money. This clip looks like it was shot on an iPhone 4 but it is Munger at his absolute best. If you want to build real wealth, you need to see it. There is an old saying that it “takes money to make money”. This saying may be true, but the amount of money you need to get started generating high returns is not as much as many would believe, according to Munger.
Charlie Munger is the Vice President of Berkshire Hathaway and Warren Buffett’s business partner. There are three important principles you need to understand if you want to follow Munger’s advice on generating high returns on small sums of money.
The first principle is “Look in the inefficient markets”. Munger is the Vice Chairman of Berkshire Hathaway. As of the making of this video, Berkshire has a market cap approaching $800 billion. That makes Berkshire the 9th largest company in the world by market cap and the biggest non-tech, US based company in the world.
To most people, Berkshire’s massive size would seem like a huge advantage when it comes to investing, right? Well, actually, that’s not the case. Charlie and Warren have repeatedly said that Berkshire’s size is an impediment to generating high investment returns. Because Berkshire has so much money, Warren and Charlie are forced to only focus on large investment opportunities. The odds of these large investment opportunities being mispriced, or to use an investing term, inefficient, are extremely low.
