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30 Jan 2026 First Eagle Global Value Team 2025 Annual Letter - Portfolio

"There’s a fine line between confidence and hubris, and we believe the low risk perception evident in certain markets entering 2026 leaves them particularly vulnerable to the latter."
28 Jan 2026 Pzena Investment Management Q4 2025 Commentary: Finding Value in a Momentum-driven Market - Portfolio

"Momentum has once again shaped market leadership across global equities, producing strong returns across regions. For value-oriented investors, the current backdrop reinforces the case for patience and selectivity, with an emphasis on fundamentals as dispersion creates opportunity."
15 Jan 2026 Giving away the Buffett fortune - Portfolio

Warren Buffett’s three children sit down with Becky Quick to talk about the monumental task their father has given them: to one day give away his $150 billion dollar fortune. Susan A. Buffett, Howard G. Buffett and Peter Buffett talk about their own foundations, working together and growing up Buffett.


13 Jan 2026 Warren Buffett was still searching for that elephant to buy in his final months as Berkshire CEO - Portfolio

“ It means that when I look at the stock market, when I look at companies of a size that would make any difference to our total, I don’t see anything. Well, we’re buying one or two things, but it’s peanuts.”
12 Jan 2026 Why Michael Burry's AI skepticism can be explained by an escalator that Warren Buffett built

"When the department store across the street put an escalator in, he had to, too. In the end, neither benefited from that expensive project. No durable margin improvement or cost improvement, and both were in the same exact spot. That is how most AI implementation will play out.”
09 Jan 2026 Bill Nygren's U.S. equity market commentary 4Q 2025 - Portfolio

"We no longer view the S&P 500 as a low risk, “buy and hold” investment. We believe, and the data confirm, that the S&P 500 has become much riskier and therefore more akin to a concentrated growth fund."