Big news on Wall St

Rule #1 of investing: do your research. Rule #2 of investing: do your research! 👀 Last week panic-sellers learned a lesson in mistaken identity, but not before Alibaba’s share price tumbled $26b (then recovered).

They’re not called the GOATs of investing for nothing. Hosts of the Woodstock for investors, aka the Berkshire Hathaway AGM, Warren Buffett and Charlie Munger dropped some sauce on Wall Street this weekend. Here’s some of it!

What happened when sky pioneer Boeing focused on revenue not aircrafts? They were grounded for 18 months with their reputation left on the runway. And that’s without the Air Force One deal that may leave them US$1.1 billion out of pocket.

Been downsizing at Macca’s? Seems like that’s been takeaway flavour of the month. Even Coke’s fizzling with shrinkflation. But what does it all meeeean? Downsize your meal as you upsize your knowledge.

Even the best and brightest investors get it wrong. 📉 And there’s one fail that takes the cake… or should we say apple pie? 🥧

Is it stubs out for marijuana law reform in the US? 🌿 Not yet but it sure is dragging. Decriminalisation laws may have passed step one but step two is looking like a major hurdle. As growers invest in, erm, growing revenue, could investors ever get the highs?

Analysts reckon Tesla shares may nudge up in the next 12 months. 💰 But only one team has predicted by… how much? Are they banking on a future that doesn’t exist yet and are they on a drive to nowhere?

Schlepping around open homes in socks isn’t the only way to own property. 🏡 With REITs, investors own a slice of the companies that own and operate real estate. Time for a new rung on the property ladder? 🏨

Chips and tomato sauce? 🍟🍅 Love. Gin and juice? 🍸 Sure. But not every pairing works… and AT&T shareholders have paid the price for their failed pairing. Now they’ve consciously uncoupled, can new Warner Bros Discovery end their inherited cash flow woes?

Rainy school holiday woes may soon have a Lego-up. 🦵 Something epic’s coming to the metaverse for more good time family fun.

Nuclear energy may have us Kiwis shaking in our boots but it solves a myriad of problems. ⚛️ End to Russian energy supply. ✅ Fewer deaths from nuclear accidents. ✅ So who’s reacted to the UN’s ‘now or never’ climate call?

Turns out Kiwi parents WFH during the covid years were partial to a tipple or 4… more than anyone else. 🍷 Who else kept alcohol stocks bubbling in the markets?