What Made Warren Buffett's Career So Remarkable who could be next as king or queen of investing?

By SIMON CONSTABLE

Warren Buffett, 95, the so-called Oracle of Omaha, is set to step down by year-end as CEO of investment company Berkshire Hathaway. Over 60 years, he and his deputy, Charlie Munger, who died in 2023 at the age of 99, produced outstanding investment returns that made other investors’ returns pale in comparison.

Look at the numbers: From 1965, the year Buffett took over a struggling textile company, through the end of 2024, Berkshire’s shares rose 5,502,284%. That’s an annual compounded return of 19.9%. Over the same six decades, the S&P 500 index rose just 39,054% or 10.4% annually.

“Buffett is the most legendary investor in the history of investing,” says Adam Patti, CEO of exchange-traded fund company VistaShares. “And he has changed the way people invest.” Read more here.

 

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CONTINUED Commodities, AI Demand, and UK Political Turmoil reported on market trends

 @BatchelorShow and @RealConstabke reported on market trends among many other things.

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Commodities, AI Demand, and UK Political Turmoil. Guest: @RealConstable

By SIMON CONSTABLE 

 Constable reported on market trends with energy prices significantly down but metals like copper and steel consistently higher, reflecting strong demand particularly for AI data.

Simon Constable reported on market trends with energy prices significantly down, but metals like copper and steel consistently higher, reflecting strong demand particularly for AI data center construction. 

Meanwhile, future chocolate prices are projected to rise due to "transcontinental climate change" linking Amazon deforestation to political instability in major cocoa regions like the DRC. 

And in UK politics, Prime Minister Sir Keir Starmer faces constant internal revolts and distrust due to policy flip-flops, tax increases, and failure to solve the immigration problem.

LISTEN HERE.

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@RealConstable and @BatchelorShow analyze rare earth markets, noting China’s dominance is achieved through undercutting prices and buying out competitors.

By SIMON CONSTABLE 

Prices for key industrial commodities like copper and aluminum are up

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Commodity Markets and UK Political Instability.

 By SIMON CONSTABLE

@RealConstable and @BatchelorShow analyze rare earth markets, noting China’s dominance is achieved through undercutting prices and buying out competitors. Prices for key industrial commodities like copper and aluminum are up. Listen here.

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Barron’s: Europe Is Spending Big on Defense. Rheinmetall Benefits

By SIMON CONSTABLE

Germany-based defense company Rheinmetall’s stock has soared over the past few years and appears pricey. At the same time, investors seem to be optimistic for a further rally over the next 12 months. Read more here.

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WSJ: Financial Flashback -- 30 YEARS AGO: Dow 5000

By SIMON CONSTABLE 

With the Dow Jones Industrial Average standing today around 47000, it’s hard to get excited for every 1,000-point milestone. But 30 years ago was a different time for the Dow.

After passing the 4000 threshold in February 1995, the Dow industrials took only nine months to pass and close above 5000 — bringing cheers from the New York Stock Exchange floor.

As with many market parties, this one was started in large part by the Federal Reserve. After raising interest rates in 1994, the central bank began cutting them in July 1995 amid a belief that it had guided the economy to a “soft landing.” The result was that bond volatility fell, and stocks rallied.

“Typically, what goes down comes up,” says David Salem, a portfolio manager at Hedgeye Asset Management.

Market strategists at the time — pointing to falling interest rates, rising productivity and tame inflation — saw little reason for the party to end. Spectacular market gains would follow.

And while markets don’t celebrate like they used to, Salem sees some parallels between markets then and now. After raising rates to beat back inflation in 2022–23, the Fed began cutting rates last year and the Dow has surged.

 READ MORE HERE