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Marksman_SG
2021-10-12
$SoFi Technologies Inc.(SOFI)$
To the moon guys. Target price above 23
Marksman_SG
2021-09-17
Nice
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Marksman_SG
2021-08-25
Hi
Berkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</blockquote>
Marksman_SG
2021-08-25
Hi all
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Marksman_SG
2021-08-01
[微笑]
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Marksman_SG
2021-08-01
Time to buy in spy
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Marksman_SG
2021-07-16
Good
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Marksman_SG
2021-07-16
Ok
MoneyGram Jumps on Reported Takeover Interest From PE Firm Advent<blockquote>据报道私募股权公司Advent有收购兴趣,MoneyGram股价上涨</blockquote>
Marksman_SG
2021-06-13
Happy 7th anniversary tiger
Marksman_SG
2021-04-29
Take this
@小虎活动:【随手拍张照】记录你的五一假期生活!
Marksman_SG
2021-04-27
Any stocks to introduce
Marksman_SG
2021-04-26
An apple a day.keep the doctor away
Marksman_SG
2021-04-25
Any stocks for short term ?
Marksman_SG
2021-04-24
Like this please
Marksman_SG
2021-04-22
Posting for anyone to comment
Marksman_SG
2021-04-21
Thanks everyone
Marksman_SG
2021-04-20
Hello everyone .good evening
Marksman_SG
2021-04-19
有什么股好买的。Which stocks to buy
Marksman_SG
2021-04-16
Good
@小虎AV:科技企业造车热潮来袭,假如你有三百万美元,你会投给谁?
Marksman_SG
2021-04-16
Post and like
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href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>To the moon guys. Target price above 23","listText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>To the moon guys. Target price above 23","text":"$SoFi Technologies Inc.(SOFI)$To the moon guys. Target price above 23","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/826948632","isVote":1,"tweetType":1,"viewCount":1424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":884684865,"gmtCreate":1631887285457,"gmtModify":1631889342003,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/884684865","repostId":"2168783315","repostType":4,"isVote":1,"tweetType":1,"viewCount":1247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834450320,"gmtCreate":1629821042760,"gmtModify":1631889342005,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834450320","repostId":"1147501136","repostType":4,"repost":{"id":"1147501136","kind":"news","pubTimestamp":1629817852,"share":"https://www.laohu8.com/m/news/1147501136?lang=zh_CN&edition=full","pubTime":"2021-08-24 23:10","market":"us","language":"en","title":"Berkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147501136","media":"seekingalpha","summary":"Summary\n\nCEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 20","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>CEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 2021.</li> <li>First half 2021 pre-tax operating earnings for manufacturing and service/retailing are up nicely over the first half of 2020.</li> <li>The stock portfolio is now in excess of $300 billion!</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b1ec40867d5f48e0522635854570624\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>RiverNorthPhotography/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>首席执行官沃伦·巴菲特已在2021年上半年回购了大量2020年股票。</li><li>2021年上半年制造业和服务业/零售业的税前营业收入较2020年上半年大幅增长。</li><li>股票投资组合现已超过3000亿美元!</li></ul><p class=\"t-img-caption\"><span>RiverNorthPhotography/iStock未通过Getty Images发布</span></p></blockquote></p><p> <b>Introduction</b></p><p><blockquote><b>介绍</b></blockquote></p><p> My thesis is that Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B)is undervalued. CEO Warren Buffett has been taking advantage of this by buying back shares. He repurchased the equivalent of 80,998 “A” shares in 2020 which increased the ownership for existing shareholders by 5.2%. In the first half of this year, the 2Q2110-Qcash flow statement shows $12.6 billion in buybacks which is more than the $6.7 billion they spent in the first half of 2020. In some ways CEO Buffett can be reticent in terms of vocalizing things when the stock is cheap; his buyback actions speak louder than his words.</p><p><blockquote>我的论点是伯克希尔哈撒韦公司(纽约证券交易所股票代码:BRK.A)(纽约证券交易所股票代码:BRK.B)被低估。首席执行官沃伦·巴菲特一直在利用这一点回购股票。彼于二零二零年购回等值80,998股“A”股,使现有股东的所有权增加5.2%。今年上半年,2Q2110-Q现金流量表显示回购金额为126亿美元,高于2020年上半年的67亿美元。在某些方面,当股价便宜时,首席执行官巴菲特可能会保持沉默;他的回购行动胜于雄辩。</blockquote></p><p> Looking at the 2Q21 10-Q balance sheet, the first 5 lines are a big part of our valuation estimate:</p><p><blockquote>看看2021年第二季度10-Q资产负债表,前5行是我们估值估计的重要组成部分:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8aafe372259b0d3a4c58271edd28993\" tg-width=\"600\" tg-height=\"772\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:2021年第二季度10-Q</span></p></blockquote></p><p> <b>BNSF $115 Billion</b></p><p><blockquote><b>BNSF 1150亿美元</b></blockquote></p><p> BNSF has many similarities to Union Pacific(NYSE:UNP)including the approximate level of debt to enterprise value. The 2Q21 Union Pacific10-Qshows 652,122,933 shares outstanding as of July 16, 2021. Their share price for June 30, 2021 was $219.93 implying a June 30th market cap of $143.4 billion. I believe the market cap of BNSF is at least 80% of Union Pacific’s or $115 billion.</p><p><blockquote>BNSF与联合太平洋公司(纽约证券交易所股票代码:UNP)有许多相似之处,包括债务与企业价值的大致水平。截至2021年7月16日,2021年第二季度联合太平洋10-Q显示已发行股票652,122,933股。他们2021年6月30日的股价为219.93美元,这意味着6月30日的市值为1434亿美元。我相信BNSF的市值至少是联合太平洋公司的80%,即1150亿美元。</blockquote></p><p> <b>Berkshire Hathaway Energy (“BHE”) $48.6 Billion</b></p><p><blockquote><b>伯克希尔哈撒韦能源公司(“BHE”)486亿美元</b></blockquote></p><p> We can use the prices at which BHE was repurchased for a valuation estimate but that information is getting dated. Per the BHE 2Q2110-Q, the last batch was during the first half of 2020 when 180,358 shares were repurchased for $126 million implying a share price of $698.61. The BHE 2Q21 10-Q shows 76,368,874 shares outstanding as of August 5, 2021, implying a market cap of $53.4 billion if the price from the first half of 2020 is still sound.</p><p><blockquote>我们可以使用BHE被回购的价格进行估值估计,但该信息已经过时。根据BHE 2Q2110-Q,最后一批是在2020年上半年,当时以1.26亿美元的价格回购了180,358股,这意味着股价为698.61美元。BHE 2021年第二季度10-Q显示,截至2021年8月5日,已发行股票为76,368,874股,如果2020年上半年的价格仍然合理,这意味着市值为534亿美元。</blockquote></p><p> Berkshire’s 2Q21 10-Q says they own 91.1% meaning non-controlling interests own the rest. In other words, Berkshire owns $48.6 billion and non-controlling interests own $4.8 billion.</p><p><blockquote>Berkshire的2021年第二季度10-Q表示,他们拥有91.1%的股份,这意味着非控股权益拥有其余股份。换句话说,伯克希尔拥有486亿美元,非控股权益拥有48亿美元。</blockquote></p><p> <b>Other Non-Insurance Subsidiaries $195 Billion</b></p><p><blockquote><b>其他非保险子公司1950亿美元</b></blockquote></p><p> The 2Q21 10-Q breaks down revenue and pre-tax earnings under Note 23, Business segment data:</p><p><blockquote>2021年第二季度10-Q在附注23“业务部门数据”中细分了收入和税前收益:</blockquote></p><p> <i>Image Source: 2Q21 10-Q</i></p><p><blockquote><i>图片来源:2021年第二季度10-Q</i></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f01f33ed3856e8b1eff604acc2ebe65\" tg-width=\"600\" tg-height=\"522\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:2021年第二季度10-Q</span></p></blockquote></p><p> I like to use a pre-tax earnings multiple of 13 times for manufacturing, McLane and service/retailing. Their 1H21 pre-tax earnings were $5.2 billion, $0.2 billion and $2.1 billion, respectively. These numbers are a huge improvement over the first half of 2020! Summing them up and annualizing gives us $15 billion. Applying a multiple of 13 times brings us to $195 billion.</p><p><blockquote>我喜欢对制造业、麦克莱恩和服务/零售业使用13倍的税前市盈率。他们2021年上半年的税前收益分别为52亿美元、2亿美元和21亿美元。这些数字比2020年上半年有了巨大的进步!将它们相加并按年计算,我们将获得150亿美元。应用13倍的倍数,我们得到1950亿美元。</blockquote></p><p> Cash, T-bills & Fixed Maturities $161.2 Billion</p><p><blockquote>现金、国库券和固定期限债券1,612亿美元</blockquote></p><p> This is the sum of the first 3 lines on the balance sheet which are $38.9 billion in cash and equivalents plus $101.8 billion in T-bills plus $20.5 billion in fixed maturities.</p><p><blockquote>这是资产负债表上前3行的总和,即389亿美元现金及等价物加上1,018亿美元国库券加上205亿美元固定期限债券。</blockquote></p><p> <b>Stocks $307.9 Billion</b></p><p><blockquote><b>股票3079亿美元</b></blockquote></p><p> Per the 4th line in the balance sheet, we have $307.9 billion in stocks. Apple(NASDAQ:AAPL)is by far the biggest part of this portfolio. The13Fthrough June 2021 shows $121.5 billion in Apple stock.</p><p><blockquote>根据资产负债表的第四行,我们有3079亿美元的股票。苹果(纳斯达克股票代码:AAPL)是迄今为止该投资组合中最大的部分。截至2021年6月的13F显示苹果股票价值1215亿美元。</blockquote></p><p> <b>Equity Method Investments $16.5 Billion</b></p><p><blockquote><b>权益法投资165亿美元</b></blockquote></p><p> The 5th line of the balance sheet shows $16.5 billion here. Note 5, Equity method investments, on the 2020 10-K showed that the carrying value of $13.3 billion for Kraft Heinz(NASDAQ:KHC)on the balance sheet was $2 billion higher than the fair value of $11.3 billion. However note 5 on the 2Q21 10-Q shows that the fair value went up to the same range as the carrying value so we don’t need to make any adjustments here.</p><p><blockquote>资产负债表的第五行显示165亿美元。2020年10-K的附注5“权益法投资”显示,卡夫亨氏(纳斯达克:KHC)在资产负债表上的账面价值为133亿美元,比公允价值113亿美元高出20亿美元。然而,2021年第二季度10-Q上的注释5显示,公允价值上升到与账面价值相同的范围,因此我们不需要在这里进行任何调整。</blockquote></p><p> <b>Deferred Tax Liability $(27) Billion</b></p><p><blockquote><b>递延税项负债(27)十亿美元</b></blockquote></p><p> Note 18, Income taxes, isn’t as detailed on the 10-Qs as on the 10-Ks. I’m sticking with the $27 billion net investment tax liability estimate used in my February 2021article.</p><p><blockquote>注18,所得税,在10-Q中不像在10-K中那样详细。我坚持2021年2月文章中使用的270亿美元净投资纳税义务估计。</blockquote></p><p> <b>Non-Controlling Interests $(3.6) Billion</b></p><p><blockquote><b>非控股权益(36亿)美元</b></blockquote></p><p> The balance sheet shows $8.4 billion in non-controlling interests but we attributed $4.8 billion to BHE investors. As such, there is another $3.6 billion or so of non-controlling interests outside of BHE.</p><p><blockquote>资产负债表显示非控股权益为84亿美元,但我们将48亿美元归因于BHE投资者。因此,BHE之外还有约36亿美元的非控股权益。</blockquote></p><p> <b>Other Considerations $0</b></p><p><blockquote><b>其他考虑因素$0</b></blockquote></p><p></p><p> I treat the insurance operations and the float liability as a wash. I can see why fastidious accountants aren’t crazy about this but I don’t think it makes a huge difference to the overall valuation whether or not these are broken out separately.</p><p><blockquote>我把保险业务和浮动负债视为一种浪费。我可以理解为什么挑剔的会计师对此并不着迷,但我认为无论这些是否单独细分,这对整体估值都不会产生巨大影响。</blockquote></p><p> <b>Valuation Chart</b></p><p><blockquote><b>估值图</b></blockquote></p><p> The 2Q21 says that on an equivalent Class A common stock basis, there were 1,511,229 shares outstanding as of June 30, 2021:</p><p><blockquote>2021年第二季度表示,截至2021年6月30日,按同等A类普通股计算,已发行股票为1,511,229股:</blockquote></p><p> <img src=\"https://static.tigerbbs.com/81717a4c648c5027fde69b68d33cf46f\" tg-width=\"814\" tg-height=\"695\" width=\"100%\" height=\"auto\"> <img src=\"https://static.tigerbbs.com/c490184d538a90c0980d497e3b964523\" tg-width=\"813\" tg-height=\"584\" width=\"100%\" height=\"auto\"> <table> <tbody> <tr></tr> </tbody> </table> Here is a more visual interpretation:</p><p><blockquote><table><tbody><tr></tr></tbody></table>下面是一个更直观的解读:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0183d76b73ebb2503f940ca5c3eec85\" tg-width=\"600\" tg-height=\"558\" width=\"100%\" height=\"auto\"><span>Image Source: Author’s spreadsheet</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:作者电子表格</span></p></blockquote></p><p> Of course the above chart is somewhere near the middle of my range. Rather than thinking about a valuation of $814 billion exactly, I think it could be approximately $50 billion higher or lower such that my range with round numbers to the nearest $5 billion is about $765 billion to $865 billion.</p><p><blockquote>当然,上面的图表在我的范围的中间附近。我没有准确地考虑8140亿美元的估值,而是认为它可能会高或低约500亿美元,因此我的整数范围约为7650亿美元至8650亿美元。</blockquote></p><p> Given the August 23rd (BRK.A) share price of $425,000, and the 1,511,229 class A share equivalents, the implied market cap is $642 billion. Seeing as the market cap is well below my valuation range, I think the stock is priced very reasonably for long-term investors.</p><p><blockquote>鉴于8月23日(BRK.A)股价为425,000美元,A类股等价物为1,511,229股,隐含市值为6,420亿美元。鉴于市值远低于我的估值范围,我认为该股的定价对于长期投资者来说非常合理。</blockquote></p><p> Some think it will be calamitous when CEO Buffett retires but he has built the company with a stable architecture that should hold up well for years to come.</p><p><blockquote>一些人认为首席执行官巴菲特退休后将是灾难性的,但他已经建立了一个稳定的架构,应该会在未来几年保持良好。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-08-24 23:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>CEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 2021.</li> <li>First half 2021 pre-tax operating earnings for manufacturing and service/retailing are up nicely over the first half of 2020.</li> <li>The stock portfolio is now in excess of $300 billion!</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b1ec40867d5f48e0522635854570624\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>RiverNorthPhotography/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>首席执行官沃伦·巴菲特已在2021年上半年回购了大量2020年股票。</li><li>2021年上半年制造业和服务业/零售业的税前营业收入较2020年上半年大幅增长。</li><li>股票投资组合现已超过3000亿美元!</li></ul><p class=\"t-img-caption\"><span>RiverNorthPhotography/iStock未通过Getty Images发布</span></p></blockquote></p><p> <b>Introduction</b></p><p><blockquote><b>介绍</b></blockquote></p><p> My thesis is that Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B)is undervalued. CEO Warren Buffett has been taking advantage of this by buying back shares. He repurchased the equivalent of 80,998 “A” shares in 2020 which increased the ownership for existing shareholders by 5.2%. In the first half of this year, the 2Q2110-Qcash flow statement shows $12.6 billion in buybacks which is more than the $6.7 billion they spent in the first half of 2020. In some ways CEO Buffett can be reticent in terms of vocalizing things when the stock is cheap; his buyback actions speak louder than his words.</p><p><blockquote>我的论点是伯克希尔哈撒韦公司(纽约证券交易所股票代码:BRK.A)(纽约证券交易所股票代码:BRK.B)被低估。首席执行官沃伦·巴菲特一直在利用这一点回购股票。彼于二零二零年购回等值80,998股“A”股,使现有股东的所有权增加5.2%。今年上半年,2Q2110-Q现金流量表显示回购金额为126亿美元,高于2020年上半年的67亿美元。在某些方面,当股价便宜时,首席执行官巴菲特可能会保持沉默;他的回购行动胜于雄辩。</blockquote></p><p> Looking at the 2Q21 10-Q balance sheet, the first 5 lines are a big part of our valuation estimate:</p><p><blockquote>看看2021年第二季度10-Q资产负债表,前5行是我们估值估计的重要组成部分:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8aafe372259b0d3a4c58271edd28993\" tg-width=\"600\" tg-height=\"772\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:2021年第二季度10-Q</span></p></blockquote></p><p> <b>BNSF $115 Billion</b></p><p><blockquote><b>BNSF 1150亿美元</b></blockquote></p><p> BNSF has many similarities to Union Pacific(NYSE:UNP)including the approximate level of debt to enterprise value. The 2Q21 Union Pacific10-Qshows 652,122,933 shares outstanding as of July 16, 2021. Their share price for June 30, 2021 was $219.93 implying a June 30th market cap of $143.4 billion. I believe the market cap of BNSF is at least 80% of Union Pacific’s or $115 billion.</p><p><blockquote>BNSF与联合太平洋公司(纽约证券交易所股票代码:UNP)有许多相似之处,包括债务与企业价值的大致水平。截至2021年7月16日,2021年第二季度联合太平洋10-Q显示已发行股票652,122,933股。他们2021年6月30日的股价为219.93美元,这意味着6月30日的市值为1434亿美元。我相信BNSF的市值至少是联合太平洋公司的80%,即1150亿美元。</blockquote></p><p> <b>Berkshire Hathaway Energy (“BHE”) $48.6 Billion</b></p><p><blockquote><b>伯克希尔哈撒韦能源公司(“BHE”)486亿美元</b></blockquote></p><p> We can use the prices at which BHE was repurchased for a valuation estimate but that information is getting dated. Per the BHE 2Q2110-Q, the last batch was during the first half of 2020 when 180,358 shares were repurchased for $126 million implying a share price of $698.61. The BHE 2Q21 10-Q shows 76,368,874 shares outstanding as of August 5, 2021, implying a market cap of $53.4 billion if the price from the first half of 2020 is still sound.</p><p><blockquote>我们可以使用BHE被回购的价格进行估值估计,但该信息已经过时。根据BHE 2Q2110-Q,最后一批是在2020年上半年,当时以1.26亿美元的价格回购了180,358股,这意味着股价为698.61美元。BHE 2021年第二季度10-Q显示,截至2021年8月5日,已发行股票为76,368,874股,如果2020年上半年的价格仍然合理,这意味着市值为534亿美元。</blockquote></p><p> Berkshire’s 2Q21 10-Q says they own 91.1% meaning non-controlling interests own the rest. In other words, Berkshire owns $48.6 billion and non-controlling interests own $4.8 billion.</p><p><blockquote>Berkshire的2021年第二季度10-Q表示,他们拥有91.1%的股份,这意味着非控股权益拥有其余股份。换句话说,伯克希尔拥有486亿美元,非控股权益拥有48亿美元。</blockquote></p><p> <b>Other Non-Insurance Subsidiaries $195 Billion</b></p><p><blockquote><b>其他非保险子公司1950亿美元</b></blockquote></p><p> The 2Q21 10-Q breaks down revenue and pre-tax earnings under Note 23, Business segment data:</p><p><blockquote>2021年第二季度10-Q在附注23“业务部门数据”中细分了收入和税前收益:</blockquote></p><p> <i>Image Source: 2Q21 10-Q</i></p><p><blockquote><i>图片来源:2021年第二季度10-Q</i></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f01f33ed3856e8b1eff604acc2ebe65\" tg-width=\"600\" tg-height=\"522\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:2021年第二季度10-Q</span></p></blockquote></p><p> I like to use a pre-tax earnings multiple of 13 times for manufacturing, McLane and service/retailing. Their 1H21 pre-tax earnings were $5.2 billion, $0.2 billion and $2.1 billion, respectively. These numbers are a huge improvement over the first half of 2020! Summing them up and annualizing gives us $15 billion. Applying a multiple of 13 times brings us to $195 billion.</p><p><blockquote>我喜欢对制造业、麦克莱恩和服务/零售业使用13倍的税前市盈率。他们2021年上半年的税前收益分别为52亿美元、2亿美元和21亿美元。这些数字比2020年上半年有了巨大的进步!将它们相加并按年计算,我们将获得150亿美元。应用13倍的倍数,我们得到1950亿美元。</blockquote></p><p> Cash, T-bills & Fixed Maturities $161.2 Billion</p><p><blockquote>现金、国库券和固定期限债券1,612亿美元</blockquote></p><p> This is the sum of the first 3 lines on the balance sheet which are $38.9 billion in cash and equivalents plus $101.8 billion in T-bills plus $20.5 billion in fixed maturities.</p><p><blockquote>这是资产负债表上前3行的总和,即389亿美元现金及等价物加上1,018亿美元国库券加上205亿美元固定期限债券。</blockquote></p><p> <b>Stocks $307.9 Billion</b></p><p><blockquote><b>股票3079亿美元</b></blockquote></p><p> Per the 4th line in the balance sheet, we have $307.9 billion in stocks. Apple(NASDAQ:AAPL)is by far the biggest part of this portfolio. The13Fthrough June 2021 shows $121.5 billion in Apple stock.</p><p><blockquote>根据资产负债表的第四行,我们有3079亿美元的股票。苹果(纳斯达克股票代码:AAPL)是迄今为止该投资组合中最大的部分。截至2021年6月的13F显示苹果股票价值1215亿美元。</blockquote></p><p> <b>Equity Method Investments $16.5 Billion</b></p><p><blockquote><b>权益法投资165亿美元</b></blockquote></p><p> The 5th line of the balance sheet shows $16.5 billion here. Note 5, Equity method investments, on the 2020 10-K showed that the carrying value of $13.3 billion for Kraft Heinz(NASDAQ:KHC)on the balance sheet was $2 billion higher than the fair value of $11.3 billion. However note 5 on the 2Q21 10-Q shows that the fair value went up to the same range as the carrying value so we don’t need to make any adjustments here.</p><p><blockquote>资产负债表的第五行显示165亿美元。2020年10-K的附注5“权益法投资”显示,卡夫亨氏(纳斯达克:KHC)在资产负债表上的账面价值为133亿美元,比公允价值113亿美元高出20亿美元。然而,2021年第二季度10-Q上的注释5显示,公允价值上升到与账面价值相同的范围,因此我们不需要在这里进行任何调整。</blockquote></p><p> <b>Deferred Tax Liability $(27) Billion</b></p><p><blockquote><b>递延税项负债(27)十亿美元</b></blockquote></p><p> Note 18, Income taxes, isn’t as detailed on the 10-Qs as on the 10-Ks. I’m sticking with the $27 billion net investment tax liability estimate used in my February 2021article.</p><p><blockquote>注18,所得税,在10-Q中不像在10-K中那样详细。我坚持2021年2月文章中使用的270亿美元净投资纳税义务估计。</blockquote></p><p> <b>Non-Controlling Interests $(3.6) Billion</b></p><p><blockquote><b>非控股权益(36亿)美元</b></blockquote></p><p> The balance sheet shows $8.4 billion in non-controlling interests but we attributed $4.8 billion to BHE investors. As such, there is another $3.6 billion or so of non-controlling interests outside of BHE.</p><p><blockquote>资产负债表显示非控股权益为84亿美元,但我们将48亿美元归因于BHE投资者。因此,BHE之外还有约36亿美元的非控股权益。</blockquote></p><p> <b>Other Considerations $0</b></p><p><blockquote><b>其他考虑因素$0</b></blockquote></p><p></p><p> I treat the insurance operations and the float liability as a wash. I can see why fastidious accountants aren’t crazy about this but I don’t think it makes a huge difference to the overall valuation whether or not these are broken out separately.</p><p><blockquote>我把保险业务和浮动负债视为一种浪费。我可以理解为什么挑剔的会计师对此并不着迷,但我认为无论这些是否单独细分,这对整体估值都不会产生巨大影响。</blockquote></p><p> <b>Valuation Chart</b></p><p><blockquote><b>估值图</b></blockquote></p><p> The 2Q21 says that on an equivalent Class A common stock basis, there were 1,511,229 shares outstanding as of June 30, 2021:</p><p><blockquote>2021年第二季度表示,截至2021年6月30日,按同等A类普通股计算,已发行股票为1,511,229股:</blockquote></p><p> <img src=\"https://static.tigerbbs.com/81717a4c648c5027fde69b68d33cf46f\" tg-width=\"814\" tg-height=\"695\" width=\"100%\" height=\"auto\"> <img src=\"https://static.tigerbbs.com/c490184d538a90c0980d497e3b964523\" tg-width=\"813\" tg-height=\"584\" width=\"100%\" height=\"auto\"> <table> <tbody> <tr></tr> </tbody> </table> Here is a more visual interpretation:</p><p><blockquote><table><tbody><tr></tr></tbody></table>下面是一个更直观的解读:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0183d76b73ebb2503f940ca5c3eec85\" tg-width=\"600\" tg-height=\"558\" width=\"100%\" height=\"auto\"><span>Image Source: Author’s spreadsheet</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:作者电子表格</span></p></blockquote></p><p> Of course the above chart is somewhere near the middle of my range. Rather than thinking about a valuation of $814 billion exactly, I think it could be approximately $50 billion higher or lower such that my range with round numbers to the nearest $5 billion is about $765 billion to $865 billion.</p><p><blockquote>当然,上面的图表在我的范围的中间附近。我没有准确地考虑8140亿美元的估值,而是认为它可能会高或低约500亿美元,因此我的整数范围约为7650亿美元至8650亿美元。</blockquote></p><p> Given the August 23rd (BRK.A) share price of $425,000, and the 1,511,229 class A share equivalents, the implied market cap is $642 billion. Seeing as the market cap is well below my valuation range, I think the stock is priced very reasonably for long-term investors.</p><p><blockquote>鉴于8月23日(BRK.A)股价为425,000美元,A类股等价物为1,511,229股,隐含市值为6,420亿美元。鉴于市值远低于我的估值范围,我认为该股的定价对于长期投资者来说非常合理。</blockquote></p><p> Some think it will be calamitous when CEO Buffett retires but he has built the company with a stable architecture that should hold up well for years to come.</p><p><blockquote>一些人认为首席执行官巴菲特退休后将是灾难性的,但他已经建立了一个稳定的架构,应该会在未来几年保持良好。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4451491-berkshire-hathaway-remains-undervalued\">seekingalpha</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://seekingalpha.com/article/4451491-berkshire-hathaway-remains-undervalued","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147501136","content_text":"Summary\n\nCEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 2021.\nFirst half 2021 pre-tax operating earnings for manufacturing and service/retailing are up nicely over the first half of 2020.\nThe stock portfolio is now in excess of $300 billion!\n\nRiverNorthPhotography/iStock Unreleased via Getty Images\nIntroduction\nMy thesis is that Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B)is undervalued. CEO Warren Buffett has been taking advantage of this by buying back shares. He repurchased the equivalent of 80,998 “A” shares in 2020 which increased the ownership for existing shareholders by 5.2%. In the first half of this year, the 2Q2110-Qcash flow statement shows $12.6 billion in buybacks which is more than the $6.7 billion they spent in the first half of 2020. In some ways CEO Buffett can be reticent in terms of vocalizing things when the stock is cheap; his buyback actions speak louder than his words.\nLooking at the 2Q21 10-Q balance sheet, the first 5 lines are a big part of our valuation estimate:\nImage Source: 2Q21 10-Q\nBNSF $115 Billion\nBNSF has many similarities to Union Pacific(NYSE:UNP)including the approximate level of debt to enterprise value. The 2Q21 Union Pacific10-Qshows 652,122,933 shares outstanding as of July 16, 2021. Their share price for June 30, 2021 was $219.93 implying a June 30th market cap of $143.4 billion. I believe the market cap of BNSF is at least 80% of Union Pacific’s or $115 billion.\nBerkshire Hathaway Energy (“BHE”) $48.6 Billion\nWe can use the prices at which BHE was repurchased for a valuation estimate but that information is getting dated. Per the BHE 2Q2110-Q, the last batch was during the first half of 2020 when 180,358 shares were repurchased for $126 million implying a share price of $698.61. The BHE 2Q21 10-Q shows 76,368,874 shares outstanding as of August 5, 2021, implying a market cap of $53.4 billion if the price from the first half of 2020 is still sound.\nBerkshire’s 2Q21 10-Q says they own 91.1% meaning non-controlling interests own the rest. In other words, Berkshire owns $48.6 billion and non-controlling interests own $4.8 billion.\nOther Non-Insurance Subsidiaries $195 Billion\nThe 2Q21 10-Q breaks down revenue and pre-tax earnings under Note 23, Business segment data:\nImage Source: 2Q21 10-Q\nImage Source: 2Q21 10-Q\nI like to use a pre-tax earnings multiple of 13 times for manufacturing, McLane and service/retailing. Their 1H21 pre-tax earnings were $5.2 billion, $0.2 billion and $2.1 billion, respectively. These numbers are a huge improvement over the first half of 2020! Summing them up and annualizing gives us $15 billion. Applying a multiple of 13 times brings us to $195 billion.\nCash, T-bills & Fixed Maturities $161.2 Billion\nThis is the sum of the first 3 lines on the balance sheet which are $38.9 billion in cash and equivalents plus $101.8 billion in T-bills plus $20.5 billion in fixed maturities.\nStocks $307.9 Billion\nPer the 4th line in the balance sheet, we have $307.9 billion in stocks. Apple(NASDAQ:AAPL)is by far the biggest part of this portfolio. The13Fthrough June 2021 shows $121.5 billion in Apple stock.\nEquity Method Investments $16.5 Billion\nThe 5th line of the balance sheet shows $16.5 billion here. Note 5, Equity method investments, on the 2020 10-K showed that the carrying value of $13.3 billion for Kraft Heinz(NASDAQ:KHC)on the balance sheet was $2 billion higher than the fair value of $11.3 billion. However note 5 on the 2Q21 10-Q shows that the fair value went up to the same range as the carrying value so we don’t need to make any adjustments here.\nDeferred Tax Liability $(27) Billion\nNote 18, Income taxes, isn’t as detailed on the 10-Qs as on the 10-Ks. I’m sticking with the $27 billion net investment tax liability estimate used in my February 2021article.\nNon-Controlling Interests $(3.6) Billion\nThe balance sheet shows $8.4 billion in non-controlling interests but we attributed $4.8 billion to BHE investors. As such, there is another $3.6 billion or so of non-controlling interests outside of BHE.\nOther Considerations $0\nI treat the insurance operations and the float liability as a wash. I can see why fastidious accountants aren’t crazy about this but I don’t think it makes a huge difference to the overall valuation whether or not these are broken out separately.\nValuation Chart\nThe 2Q21 says that on an equivalent Class A common stock basis, there were 1,511,229 shares outstanding as of June 30, 2021:\n\n\n\n\n\n\n\nHere is a more visual interpretation:\nImage Source: Author’s spreadsheet\nOf course the above chart is somewhere near the middle of my range. Rather than thinking about a valuation of $814 billion exactly, I think it could be approximately $50 billion higher or lower such that my range with round numbers to the nearest $5 billion is about $765 billion to $865 billion.\nGiven the August 23rd (BRK.A) share price of $425,000, and the 1,511,229 class A share equivalents, the implied market cap is $642 billion. Seeing as the market cap is well below my valuation range, I think the stock is priced very reasonably for long-term investors.\nSome think it will be calamitous when CEO Buffett retires but he has built the company with a stable architecture that should hold up well for years to come.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":1083,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834427207,"gmtCreate":1629821009709,"gmtModify":1631889342009,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Hi all","listText":"Hi all","text":"Hi all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834427207","repostId":"2161818081","repostType":4,"isVote":1,"tweetType":1,"viewCount":1082,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805070567,"gmtCreate":1627828886659,"gmtModify":1631889342012,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805070567","repostId":"1159296868","repostType":4,"isVote":1,"tweetType":1,"viewCount":1754,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":805070116,"gmtCreate":1627828859835,"gmtModify":1631885102326,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Time to buy in spy","listText":"Time to buy in spy","text":"Time to buy in spy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805070116","repostId":"2155001152","repostType":4,"isVote":1,"tweetType":1,"viewCount":1148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170464037,"gmtCreate":1626446420429,"gmtModify":1631889342015,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170464037","repostId":"2151502268","repostType":4,"isVote":1,"tweetType":1,"viewCount":1026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170465946,"gmtCreate":1626446399385,"gmtModify":1631889342018,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170465946","repostId":"1159984391","repostType":4,"repost":{"id":"1159984391","kind":"news","pubTimestamp":1626445407,"share":"https://www.laohu8.com/m/news/1159984391?lang=zh_CN&edition=full","pubTime":"2021-07-16 22:23","market":"us","language":"en","title":"MoneyGram Jumps on Reported Takeover Interest From PE Firm Advent<blockquote>据报道私募股权公司Advent有收购兴趣,MoneyGram股价上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159984391","media":"Thestreet","summary":"MoneyGram shares were higher after a media report said the Dallas money-transfer-services company might have drawn acquisition interest from a private equity firm.The company is \"rumored to be in the sights of private equity group Advent,\" the Financial Times reported on Friday. The news service didn't say where it it got that information.The speculation about Advent's interest surfaced as MoneyGram is close to closing a major debt refinancing, the paper said. That effort could be completed as","content":"<p>MoneyGram (<b>MGI</b>) shares were higher after a media report said the Dallas money-transfer-services company might have drawn acquisition interest from a private equity firm.</p><p><blockquote>速汇金(<b>华大智造</b>)在媒体报道称这家达拉斯汇款服务公司可能吸引了一家私募股权公司的收购兴趣后,股价走高。</blockquote></p><p> The company is \"rumored to be in the sights of private equity group Advent,\" the Financial Times reported on Friday. The news service didn't say where it it got that information.</p><p><blockquote>据英国《金融时报》周五报道,该公司“有传言称受到私募股权集团Advent的关注”。新闻机构没有透露从哪里得到这些信息。</blockquote></p><p> The speculation about Advent's interest surfaced as MoneyGram is close to closing a major debt refinancing, the paper said. That effort could be completed as early as next week, the FT said.</p><p><blockquote>该报称,随着速汇金即将完成一项重大债务再融资,有关Advent兴趣的猜测浮出水面。英国《金融时报》称,这项工作最早可能于下周完成。</blockquote></p><p> Advent and MoneyGram both declined to comment to the news service.</p><p><blockquote>Advent和MoneyGram均拒绝向新闻机构发表评论。</blockquote></p><p> At last check MoneyGram shares jumped 7.8% to $10.76. The shares on June 4 touched a 52-week high $11.86.</p><p><blockquote>最后一次检查,MoneyGram股价上涨7.8%,至10.76美元。6月4日,该股触及52周高点11.86美元。</blockquote></p><p> Earlier this week, MoneyGram said it would privately offer $415 million of senior secured notes. The notes mature Aug. 1, 2026, and will accrue at a rate of 5.375% a year.</p><p><blockquote>本周早些时候,速汇金表示将私下发行4.15亿美元的高级担保票据。这些票据将于2026年8月1日到期,年利率为5.375%。</blockquote></p><p> Earlier this year,MoneyGram unveiled a partnership with Coinme, the largest licensed cryptocurrency cash exchange in the U.S. The move enables customers using the CoinMe app to buy and sell bitcoin at MoneyGram outlets.</p><p><blockquote>今年早些时候,速汇金宣布与美国最大的持牌加密货币现金交易所Coinme建立合作伙伴关系。此举使客户能够使用CoinMe应用程序在MoneyGram网点买卖比特币。</blockquote></p><p> The partnership opens MoneyGram \"to an entirely new customer segment,\" as the venture with CoinMe connects bitcoin to local fiat currency, Alex Holmes, MoneyGram chairman and chief executive, said in a statement.</p><p><blockquote>MoneyGram董事长兼首席执行官Alex Holmes在一份声明中表示,此次合作为MoneyGram“打开了一个全新的客户群”,因为与CoinMe的合资企业将比特币与当地法定货币联系起来。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MoneyGram Jumps on Reported Takeover Interest From PE Firm Advent<blockquote>据报道私募股权公司Advent有收购兴趣,MoneyGram股价上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMoneyGram Jumps on Reported Takeover Interest From PE Firm Advent<blockquote>据报道私募股权公司Advent有收购兴趣,MoneyGram股价上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-07-16 22:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>MoneyGram (<b>MGI</b>) shares were higher after a media report said the Dallas money-transfer-services company might have drawn acquisition interest from a private equity firm.</p><p><blockquote>速汇金(<b>华大智造</b>)在媒体报道称这家达拉斯汇款服务公司可能吸引了一家私募股权公司的收购兴趣后,股价走高。</blockquote></p><p> The company is \"rumored to be in the sights of private equity group Advent,\" the Financial Times reported on Friday. The news service didn't say where it it got that information.</p><p><blockquote>据英国《金融时报》周五报道,该公司“有传言称受到私募股权集团Advent的关注”。新闻机构没有透露从哪里得到这些信息。</blockquote></p><p> The speculation about Advent's interest surfaced as MoneyGram is close to closing a major debt refinancing, the paper said. That effort could be completed as early as next week, the FT said.</p><p><blockquote>该报称,随着速汇金即将完成一项重大债务再融资,有关Advent兴趣的猜测浮出水面。英国《金融时报》称,这项工作最早可能于下周完成。</blockquote></p><p> Advent and MoneyGram both declined to comment to the news service.</p><p><blockquote>Advent和MoneyGram均拒绝向新闻机构发表评论。</blockquote></p><p> At last check MoneyGram shares jumped 7.8% to $10.76. The shares on June 4 touched a 52-week high $11.86.</p><p><blockquote>最后一次检查,MoneyGram股价上涨7.8%,至10.76美元。6月4日,该股触及52周高点11.86美元。</blockquote></p><p> Earlier this week, MoneyGram said it would privately offer $415 million of senior secured notes. The notes mature Aug. 1, 2026, and will accrue at a rate of 5.375% a year.</p><p><blockquote>本周早些时候,速汇金表示将私下发行4.15亿美元的高级担保票据。这些票据将于2026年8月1日到期,年利率为5.375%。</blockquote></p><p> Earlier this year,MoneyGram unveiled a partnership with Coinme, the largest licensed cryptocurrency cash exchange in the U.S. The move enables customers using the CoinMe app to buy and sell bitcoin at MoneyGram outlets.</p><p><blockquote>今年早些时候,速汇金宣布与美国最大的持牌加密货币现金交易所Coinme建立合作伙伴关系。此举使客户能够使用CoinMe应用程序在MoneyGram网点买卖比特币。</blockquote></p><p> The partnership opens MoneyGram \"to an entirely new customer segment,\" as the venture with CoinMe connects bitcoin to local fiat currency, Alex Holmes, MoneyGram chairman and chief executive, said in a statement.</p><p><blockquote>MoneyGram董事长兼首席执行官Alex Holmes在一份声明中表示,此次合作为MoneyGram“打开了一个全新的客户群”,因为与CoinMe的合资企业将比特币与当地法定货币联系起来。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.thestreet.com/investing/moneygram-rises-report-says-possible-takeover-target-by-pe-firm-advent\">Thestreet</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MGI":"速汇金国际"},"source_url":"https://www.thestreet.com/investing/moneygram-rises-report-says-possible-takeover-target-by-pe-firm-advent","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159984391","content_text":"MoneyGram (MGI) shares were higher after a media report said the Dallas money-transfer-services company might have drawn acquisition interest from a private equity firm.\nThe company is \"rumored to be in the sights of private equity group Advent,\" the Financial Times reported on Friday. The news service didn't say where it it got that information.\nThe speculation about Advent's interest surfaced as MoneyGram is close to closing a major debt refinancing, the paper said. That effort could be completed as early as next week, the FT said.\nAdvent and MoneyGram both declined to comment to the news service.\nAt last check MoneyGram shares jumped 7.8% to $10.76. The shares on June 4 touched a 52-week high $11.86.\nEarlier this week, MoneyGram said it would privately offer $415 million of senior secured notes. The notes mature Aug. 1, 2026, and will accrue at a rate of 5.375% a year.\nEarlier this year,MoneyGram unveiled a partnership with Coinme, the largest licensed cryptocurrency cash exchange in the U.S. The move enables customers using the CoinMe app to buy and sell bitcoin at MoneyGram outlets.\nThe partnership opens MoneyGram \"to an entirely new customer segment,\" as the venture with CoinMe connects bitcoin to local fiat currency, Alex Holmes, MoneyGram chairman and chief executive, said in a 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7th anniversary tiger ","listText":"Happy 7th anniversary tiger ","text":"Happy 7th anniversary tiger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/182303458","isVote":1,"tweetType":1,"viewCount":1098,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355266326,"gmtCreate":1617076366765,"gmtModify":1634522787652,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"1 post a daymkeeo the doctor away","listText":"1 post a daymkeeo the doctor away","text":"1 post a daymkeeo the doctor 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day of the witch day ","listText":"Last day of the witch day ","text":"Last day of the witch day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/350361676","isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322359314,"gmtCreate":1615775756238,"gmtModify":1703492779388,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Hi all","listText":"Hi all","text":"Hi all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/322359314","repostId":"1133865277","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320904715,"gmtCreate":1614996263637,"gmtModify":1703484058610,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Market stay strong ","listText":"Market stay strong ","text":"Market stay strong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/320904715","repostId":"1116017255","repostType":4,"repost":{"id":"1116017255","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614954925,"share":"https://www.laohu8.com/m/news/1116017255?lang=zh_CN&edition=full","pubTime":"2021-03-05 22:35","market":"us","language":"en","title":"U.S. Stocks open up, as strong jobs report boosts reopening optimism<blockquote>美国股市开盘,强劲的就业报告提振了重新开放的乐观情绪</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116017255","media":"老虎资讯综合","summary":"(March 5) Stocks were set to rebound after a stronger-than-expected jobs report boosted optimism abo","content":"<p>(March 5) Stocks were set to rebound after a stronger-than-expected jobs report boosted optimism about a faster economic reopening.</p><p><blockquote>(3月5日)强于预期的就业报告提振了人们对经济更快重新开放的乐观情绪,股市有望反弹。</blockquote></p><p>The Dow up 0.93%, the S&P 500 rose 1.05%, and the Nasdaq Composite jumped 1.13%.</p><p><blockquote>道琼斯指数上涨0.93%,标普500上涨1.05%,纳斯达克综合指数上涨1.13%。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5a0f3bfa9164920f4899e3f22741e69\" tg-width=\"1242\" tg-height=\"572\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:30</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade,美国东部时间09:30</span></p></blockquote></p><p>The U.S. 10-year Treasury yield popped above 1.6% after the February jobs report. The Labor Department on Fridayreportedthat nonfarm payrolls jumped by 379,000 for the month and the unemployment rate fell to 6.2%. That compared to expectations of 210,000 new jobs and the unemployment rate to hold steady from the 6.3% rate in January, according to Dow Jones.</p><p><blockquote>2月份就业报告公布后,美国10年期国债收益率跃升至1.6%以上。美国劳工部周五报告称,本月非农就业人数增加37.9万人,失业率降至6.2%。据道琼斯称,相比之下,预计新增就业岗位为21万个,失业率将从1月份的6.3%保持稳定。</blockquote></p><p>As rates jumped, tech shares with high valuations got hit again in the premarket, continuing the pattern this week. Tesla and Peloton shares fell declined.</p><p><blockquote>随着利率飙升,高估值科技股在盘前再次受到打击,本周延续了这一模式。特斯拉和Peloton股价下跌。</blockquote></p><p>The move in futures followed a sharp sell-off on Thursday triggered by Federal Reserve Chair Jerome Powell’s remarks on rising bond yields. The Fed chair said the recent runup caught his attention but he didn’t give any indication of how the central bank would rein it in. Some investors had expected Powell to signal his willingness to adjust the Fed’s asset purchase program.</p><p><blockquote>周四,美联储主席杰罗姆·鲍威尔关于债券收益率上升的言论引发了期货大幅抛售。美联储主席表示,最近的上涨引起了他的注意,但他没有透露央行将如何控制这种情况。一些投资者原本预计鲍威尔会发出愿意调整美联储资产购买计划的信号。</blockquote></p><p>The economic reopening could “create some upward pressure on prices,” Powell said in a Wall Street Journal webinar Thursday. Even if the economy sees “transitory increases in inflation … I expect that we will be patient,” he added.</p><p><blockquote>鲍威尔周四在《华尔街日报》网络研讨会上表示,经济重新开放可能“给价格带来一些上行压力”。他补充说,即使经济出现“通胀暂时上升……我预计我们也会保持耐心”。</blockquote></p><p>“Equity investors, in our conversations, are really grappling with two things they may not have had to deal with for the last 10 years,” said Tom Lee, Fundstrat’s co-founder head of research. “One is the potential for inflation to actually have to be priced into equities. I think there’s a lot of confusion.”</p><p><blockquote>Fundstrat联合创始人研究主管汤姆·李(Tom Lee)表示:“在我们的对话中,股票投资者确实正在努力解决两件他们在过去10年中可能不必处理的事情。”“一个是通胀实际上必须计入股票价格的可能性。我认为存在很多混乱。”</blockquote></p><p>“Then it’s a bond market that seems to be testing the Fed, which kind of scares people,” added Lee, who believes the sell-off this week is a buying opportunity.</p><p><blockquote>“然后是债券市场似乎在考验美联储,这有点吓人,”Lee补充道,他认为本周的抛售是一个买入机会。</blockquote></p><p>Tech stocks led the market decline Thursday, especially those with high valuations and small or no profitability. The Nasdaq Composite dropped 2.1% Thursday, bringing its losses this week to 3.6%. The tech-heavy benchmark also turned negative for the year and fell into correction territory, or down 10% from a recent high, on an intraday basis.</p><p><blockquote>科技股周四领跌市场,尤其是那些估值较高、盈利能力较小或没有盈利能力的股票。纳斯达克综合指数周四下跌2.1%,本周跌幅达到3.6%。以科技股为主的基准指数今年也转为负值,盘中跌入修正区域,较近期高点下跌10%。</blockquote></p><p>Tesla shares were off their lows in Friday premarket trading but still down 0.3%.</p><p><blockquote>特斯拉股价在周五盘前交易中脱离低点,但仍下跌0.3%。</blockquote></p><p>The S&P 500 and the Dow both fell more than 1% Thursday, headed for a losing week. Energy outperformed with a 2.5% gain in the previous session amid a jump in oil prices.</p><p><blockquote>标普500和道琼斯指数周四均下跌超过1%,迎来下跌周。由于油价上涨,能源股表现优于前一交易日,上涨2.5%。</blockquote></p><p>“Rates soared once again, which opened the door for more selling of technology stocks,” said Ryan Detrick, chief market strategist at LPL Financial. “The bright side is the economy continues to improve and leadership from financials and energy is something that suggests this isn’t a sell everything moment.”</p><p><blockquote>LPL Financial首席市场策略师Ryan Detrick表示:“利率再次飙升,这为科技股的更多抛售打开了大门。”“好的一面是经济持续改善,金融和能源领域的领先地位表明现在不是出售一切的时刻。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks open up, as strong jobs report boosts reopening optimism<blockquote>美国股市开盘,强劲的就业报告提振了重新开放的乐观情绪</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks open up, as strong jobs report boosts reopening optimism<blockquote>美国股市开盘,强劲的就业报告提振了重新开放的乐观情绪</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-05 22:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 5) Stocks were set to rebound after a stronger-than-expected jobs report boosted optimism about a faster economic reopening.</p><p><blockquote>(3月5日)强于预期的就业报告提振了人们对经济更快重新开放的乐观情绪,股市有望反弹。</blockquote></p><p>The Dow up 0.93%, the S&P 500 rose 1.05%, and the Nasdaq Composite jumped 1.13%.</p><p><blockquote>道琼斯指数上涨0.93%,标普500上涨1.05%,纳斯达克综合指数上涨1.13%。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5a0f3bfa9164920f4899e3f22741e69\" tg-width=\"1242\" tg-height=\"572\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:30</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade,美国东部时间09:30</span></p></blockquote></p><p>The U.S. 10-year Treasury yield popped above 1.6% after the February jobs report. The Labor Department on Fridayreportedthat nonfarm payrolls jumped by 379,000 for the month and the unemployment rate fell to 6.2%. That compared to expectations of 210,000 new jobs and the unemployment rate to hold steady from the 6.3% rate in January, according to Dow Jones.</p><p><blockquote>2月份就业报告公布后,美国10年期国债收益率跃升至1.6%以上。美国劳工部周五报告称,本月非农就业人数增加37.9万人,失业率降至6.2%。据道琼斯称,相比之下,预计新增就业岗位为21万个,失业率将从1月份的6.3%保持稳定。</blockquote></p><p>As rates jumped, tech shares with high valuations got hit again in the premarket, continuing the pattern this week. Tesla and Peloton shares fell declined.</p><p><blockquote>随着利率飙升,高估值科技股在盘前再次受到打击,本周延续了这一模式。特斯拉和Peloton股价下跌。</blockquote></p><p>The move in futures followed a sharp sell-off on Thursday triggered by Federal Reserve Chair Jerome Powell’s remarks on rising bond yields. The Fed chair said the recent runup caught his attention but he didn’t give any indication of how the central bank would rein it in. Some investors had expected Powell to signal his willingness to adjust the Fed’s asset purchase program.</p><p><blockquote>周四,美联储主席杰罗姆·鲍威尔关于债券收益率上升的言论引发了期货大幅抛售。美联储主席表示,最近的上涨引起了他的注意,但他没有透露央行将如何控制这种情况。一些投资者原本预计鲍威尔会发出愿意调整美联储资产购买计划的信号。</blockquote></p><p>The economic reopening could “create some upward pressure on prices,” Powell said in a Wall Street Journal webinar Thursday. Even if the economy sees “transitory increases in inflation … I expect that we will be patient,” he added.</p><p><blockquote>鲍威尔周四在《华尔街日报》网络研讨会上表示,经济重新开放可能“给价格带来一些上行压力”。他补充说,即使经济出现“通胀暂时上升……我预计我们也会保持耐心”。</blockquote></p><p>“Equity investors, in our conversations, are really grappling with two things they may not have had to deal with for the last 10 years,” said Tom Lee, Fundstrat’s co-founder head of research. “One is the potential for inflation to actually have to be priced into equities. I think there’s a lot of confusion.”</p><p><blockquote>Fundstrat联合创始人研究主管汤姆·李(Tom Lee)表示:“在我们的对话中,股票投资者确实正在努力解决两件他们在过去10年中可能不必处理的事情。”“一个是通胀实际上必须计入股票价格的可能性。我认为存在很多混乱。”</blockquote></p><p>“Then it’s a bond market that seems to be testing the Fed, which kind of scares people,” added Lee, who believes the sell-off this week is a buying opportunity.</p><p><blockquote>“然后是债券市场似乎在考验美联储,这有点吓人,”Lee补充道,他认为本周的抛售是一个买入机会。</blockquote></p><p>Tech stocks led the market decline Thursday, especially those with high valuations and small or no profitability. The Nasdaq Composite dropped 2.1% Thursday, bringing its losses this week to 3.6%. The tech-heavy benchmark also turned negative for the year and fell into correction territory, or down 10% from a recent high, on an intraday basis.</p><p><blockquote>科技股周四领跌市场,尤其是那些估值较高、盈利能力较小或没有盈利能力的股票。纳斯达克综合指数周四下跌2.1%,本周跌幅达到3.6%。以科技股为主的基准指数今年也转为负值,盘中跌入修正区域,较近期高点下跌10%。</blockquote></p><p>Tesla shares were off their lows in Friday premarket trading but still down 0.3%.</p><p><blockquote>特斯拉股价在周五盘前交易中脱离低点,但仍下跌0.3%。</blockquote></p><p>The S&P 500 and the Dow both fell more than 1% Thursday, headed for a losing week. Energy outperformed with a 2.5% gain in the previous session amid a jump in oil prices.</p><p><blockquote>标普500和道琼斯指数周四均下跌超过1%,迎来下跌周。由于油价上涨,能源股表现优于前一交易日,上涨2.5%。</blockquote></p><p>“Rates soared once again, which opened the door for more selling of technology stocks,” said Ryan Detrick, chief market strategist at LPL Financial. “The bright side is the economy continues to improve and leadership from financials and energy is something that suggests this isn’t a sell everything moment.”</p><p><blockquote>LPL Financial首席市场策略师Ryan Detrick表示:“利率再次飙升,这为科技股的更多抛售打开了大门。”“好的一面是经济持续改善,金融和能源领域的领先地位表明现在不是出售一切的时刻。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116017255","content_text":"(March 5) Stocks were set to rebound after a stronger-than-expected jobs report boosted optimism about a faster economic reopening.The Dow up 0.93%, the S&P 500 rose 1.05%, and the Nasdaq Composite jumped 1.13%.*Source From Tiger Trade, EST 09:30The U.S. 10-year Treasury yield popped above 1.6% after the February jobs report. The Labor Department on Fridayreportedthat nonfarm payrolls jumped by 379,000 for the month and the unemployment rate fell to 6.2%. That compared to expectations of 210,000 new jobs and the unemployment rate to hold steady from the 6.3% rate in January, according to Dow Jones.As rates jumped, tech shares with high valuations got hit again in the premarket, continuing the pattern this week. Tesla and Peloton shares fell declined.The move in futures followed a sharp sell-off on Thursday triggered by Federal Reserve Chair Jerome Powell’s remarks on rising bond yields. The Fed chair said the recent runup caught his attention but he didn’t give any indication of how the central bank would rein it in. Some investors had expected Powell to signal his willingness to adjust the Fed’s asset purchase program.The economic reopening could “create some upward pressure on prices,” Powell said in a Wall Street Journal webinar Thursday. Even if the economy sees “transitory increases in inflation … I expect that we will be patient,” he added.“Equity investors, in our conversations, are really grappling with two things they may not have had to deal with for the last 10 years,” said Tom Lee, Fundstrat’s co-founder head of research. “One is the potential for inflation to actually have to be priced into equities. I think there’s a lot of confusion.”“Then it’s a bond market that seems to be testing the Fed, which kind of scares people,” added Lee, who believes the sell-off this week is a buying opportunity.Tech stocks led the market decline Thursday, especially those with high valuations and small or no profitability. The Nasdaq Composite dropped 2.1% Thursday, bringing its losses this week to 3.6%. The tech-heavy benchmark also turned negative for the year and fell into correction territory, or down 10% from a recent high, on an intraday basis.Tesla shares were off their lows in Friday premarket trading but still down 0.3%.The S&P 500 and the Dow both fell more than 1% Thursday, headed for a losing week. Energy outperformed with a 2.5% gain in the previous session amid a jump in oil prices.“Rates soared once again, which opened the door for more selling of technology stocks,” said Ryan Detrick, chief market strategist at LPL Financial. “The bright side is the economy continues to improve and leadership from financials and energy is something that suggests this isn’t a sell everything moment.”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347814218,"gmtCreate":1618483771134,"gmtModify":1631884647867,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Post post ","listText":"Post post ","text":"Post post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/347814218","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315042465,"gmtCreate":1612191480957,"gmtModify":1703758603448,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>small bet in amc and gme.Nothing to lose from this.hope everyone will hold and squeeze those short seller ","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>small bet in amc and gme.Nothing to lose from this.hope everyone will hold and squeeze those short seller ","text":"$AMC Entertainment(AMC)$small bet in amc and gme.Nothing to lose from this.hope everyone will hold and squeeze those short seller","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/315042465","isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3527667803686145","idStr":"3527667803686145"},"content":"终于等到了您的初发帖[比心][比心]希望您能在老虎社区玩得愉快、赚得开心!如果您想创作优质文章,请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]希望您能在老虎社区玩得愉快、赚得开心!如果您想创作优质文章,请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]希望您能在老虎社区玩得愉快、赚得开心!如果您想创作优质文章,请查看老虎社区创作指引"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170464037,"gmtCreate":1626446420429,"gmtModify":1631889342015,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170464037","repostId":"2151502268","repostType":4,"isVote":1,"tweetType":1,"viewCount":1026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344346241,"gmtCreate":1618380717583,"gmtModify":1634293339856,"author":{"id":"3554542088794698","authorId":"3554542088794698","name":"Marksman_SG","avatar":"https://static.tigerbbs.com/c9a818437cbf5c2370b5c2e3620648d4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554542088794698","idStr":"3554542088794698"},"themes":[],"htmlText":"Coinbase is coming ","listText":"Coinbase is coming ","text":"Coinbase is coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/344346241","isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}