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Beijing reasserts Taiwan position, rebukes West for ‘gross violation’ of global order

Beijing reasserts Taiwan position, rebukes West for ‘gross violation’ of global order

Beijing marked the anniversary of foundation of the People’s Republic by reasserting its position on Taiwan and describing attempts by the United States and other Western nations to expand Taiwan’s presence in international organisations as “a gross violation” of the global order. In issuing a position paper reaffirming support for United Nations General Assembly Resolution…

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Billionaire Warren Buffett Sold 41% of Berkshire's Stake in Bank of America and Has Piled Into a Cheap Legal Monopoly in 3 of the Last 4 Quarters

Billionaire Warren Buffett Sold 41% of Berkshire’s Stake in Bank of America and Has Piled Into a Cheap Legal Monopoly in 3 of the Last 4 Quarters

The Oracle of Omaha continues to build a sizable position in one of Wall Street’s few legal monopolies. For the better part of six decades, Berkshire Hathaway (BRK.A 0.65%) (BRK.B 0.71%) CEO Warren Buffett has been crushing Wall Street’s benchmark index, the S&P 500, in the return column. As of midday on Sept. 26, he’d…

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