It all points to evidence that local-currency bonds, which have been the standout trade in emerging markets this year, are now facing tougher competition from stocks. While investors including Bank Julius Baer & Co. and Brazil’s Legacy Capital argue that there’s still money to be made in debt markets, bigger gains will come from stocks.
Warren Buffett’s $11 billion oil bet is down 21% from 2025 peak. Will this be his oil regret 2.0?
One of Warren Buffett’s largest public equity investments is now deep in the red. Occidental Petroleum, in which Berkshire Hathaway holds a 28.2% stake, has
May 11, 2025