Latest News and Articles
- By Borsgade
Once again, the good people at Norges Bank have brought together a very interesting group of speakers to their 2025 Annual Investment Conference, titled “What Makes a Great Company?” Speakers include some of the world’s leading CEOs, investors, and academics to explore the essential qualities behind enduring corporate excellence, including leaders from Goldman Sachs, Novo Nordisk, Otis, Ferrari, Nasdaq, and investment firms, offering a rare, multifaceted perspective on what sets truly great companies apart in an era of rapid change and uncertainty.
- By Borsgade
In this Bridgewater Associates interview, Co-CIO Karen Karniol-Tambour discusses the firm’s latest outlook on the global economy, the investment landscape, and the urgent threats facing portfolios. The conversation centers on the shift to a new era of “modern mercantilism,” the implications for US assets and the dollar, the rising risk of recession, and the role of technological disruption, particularly artificial intelligence (AI).
- By Borsgade
Warren Buffett, legendary investor and longtime leader of Berkshire Hathaway, has announced he will step down as CEO at the end of the year, with Greg Abel set to succeed him. Buffett, who will remain as chairman, made this announcement in a surprise move at the conclusion of the Berkshire Hathaway annual shareholders meeting, marking a significant transition for the company he has shaped for decades.
- By Borsgade
Artificial intelligence (AI) and automation are rapidly transforming the business landscape, with profound implications for companies, workers, and investors. In their April 2025 report, Morgan Stanley’s Counterpoint Global explores how the adoption of these technologies is driving efficiency, reshaping workforces, and creating new investment opportunities-especially through “second-order effects.”
- By Borsgade
In his recent blog post NYU professor Aswath Damodaran examines the popular investment advice to “buy the dip” - that is, to purchase stocks or markets after sharp declines. He explores the various forms of contrarian investing, the historical evidence supporting and challenging these strategies, and the psychological demands required to succeed as a contrarian investor. Aswath urges investors to approach contrarian strategies with caution, discipline, and self-awareness, rather than simply following the crowd or relying on historical averages.
- By Borsgade
In First Eagle’s 1Q25 Market Overview, Matthew McLennan and team reflect on the shifting landscape following a major change in US political leadership and its impact on global equity markets. The report urges investors to look beyond short-term volatility and focus on enduring investment principles.
- By Borsgade
Ray Dalio, founder of Bridgewater Associates, recently shared his concerns about the global economy’s trajectory in a Bloomberg interview. He argues that while much attention is on tariffs and short-term market swings, the real risks lie in deep structural imbalances and political dysfunction, drawing parallels to the turbulent 1930s. Dalio believes a recession is likely, but warns the underlying issues could lead to even greater instability if not addressed.
- By Borsgade
In this article by Karen Karniol-Tambour and the colleagues at Bridgewater, they explore whether the global green energy transition is stalling or evolving, as policy priorities shift in major economies. The analysis highlights how governments are now emphasizing energy security and industrial competitiveness over climate leadership, impacting investment flows and the pace of decarbonization.
- By Borsgade
Francois Rochon, CIO of Giverny Capital, recently shared his approach to navigating market crashes on the Meb Faber Podcast. His perspective emphasizes acceptance, preparation, and strategic action rather than panic or futile attempts at market timing.
- By Borsgade
In his latest memo "Nobody Knows (Yet Again)", Howard Marks addresses the profound uncertainty facing investors and policymakers amid recent upheavals in global trade and economic policy. Drawing on parallels to the 2008 financial crisis and the Covid-19 pandemic, Howard emphasizes the limits of forecasting in unprecedented situations and the importance of rational, flexible decision-making despite the absence of clear answers.