When asked by CNBC's Joe Kernan whether he would change anything because of the conflict, the investor of 'The Big Short' fame responded with, 'Not a single trade.'
After two months on the job, new Berkshire Hathaway CEO Greg Abel emphasizes he won't be making major changes to the way the company has operated for decades under Warren Buffett's leadership.
UBS downgraded U.S. equities to benchmark in a fully invested global equity portfolio, saying factors that powered years of outperformance are starting to fade.
Cerulli Associates anticipates $105 trillion in wealth will be passed down to heirs through 2048, with about $54 trillion of that inheritance going to spouses.