notional value

Buffett Adds Another 3.9 Million Apple Shares, Cuts IBM, Wells Fargo Shares: Full Q3 Holdings

Traditionally one of the most boring, and telegraphed 13-Fs, today's update of Berkshire holdings did not contain any major surprises, well maybe with one exception: while it was already well-known that at the end of June Buffett converted roughly 700 million Bank of America preferred shares into common, which now appear on Berkshire's 13F, there were two notable changes.

Could Market Complexity Trigger The Next Crash?

Just like in an avalanche, where various factors at the top of a mountain (accumulating volumes of snow, weather, temperature, geology, gravity, etc.) make up a complex system that is difficult to predict, markets are similarly complex... and prone to instantaneous collapse.

Is The Yuan About To Tumble After Friday's Shocking PBOC News? Here Is Goldman's Take

Following Friday's shocking report about reserve relaxation by the PBOC, Goldman sees 3 key implications: i) authorities may be less concerned about outflow pressures; ii) it marks a possible meaningful step preparing for increased (two-way) CNY volatility; and iii) it points to reduced comfort with the ongoing pace of appreciation.

45 Trillion Reasons Why Gary Cohn Has Recused Himself From All Goldman Matters

“consistent with the stringent ethics rules established by the Trump Administration, Mr Cohn will recuse himself from participating in any matter directly involving his former employer, Goldman Sachs. He will also recuse himself from any matter or potential rulemaking before the CFTC in which Goldman Sachs has participated.”