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Monthly Archives: February 2020

Stocks drop as coronavirus fears reignite global growth worries

Index funds have a large following among institutional investors such as pension funds and insurance companies. Ironically, one of the most vocal advocates of index funds for individual investors is Warren Buffett, self-made billionaire and chairman of Berkshire Hathaway Inc., who made his fortune through individual stock selection. – Richard A. Ferri, CFA and author […]

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Stocks defy gravity, rise again despite coronavirus fears

People who succeed in the stock market also accept periodic losses, setbacks and unexpected occurrences. Calamitous drops do not scare them out of the game. – Peter Lynch The stock market shrugged off a surge in new confirmed cases of the coronavirus and posted healthy gains for the second consecutive week. The biggest winner was […]

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S&P 500 hits record high before falling on strong jobs report

The safe way to double your money is to fold it over once and put it in your pocket. – Kin Hubbard, American humorist Despite news that there were over 31,000 confirmed cases of the coronavirus and over 600 deaths in China, the major stock averages hit record highs on Thursday, only to relinquish those […]

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Dow drops 2.5% as fears rise over spread of coronavirus

A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices. – Warren Buffett Investors succumbed to fears over the spread of the coronavirus in China last week and the major stock averages all closed lower, with losses ranging from 2.5% for the […]

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