“The problem with communism is its universal low income,” he said. “I mean the thing about communism is it was all breadlines and bad shoes. Do you want ugly shoes and breadlines? Because that's what communism gets you.”While Mamdani identifies as a democratic socialist, Musk framed his critique in stark terms, likening potential policies to communism:“The government is the DMV at scale. Do you want the DMV running your supermarket?” He asked. “Was your last experience at the DMV amazing? And if it wasn't, ...

Mainboard IPOs - PhysicsWallah is launching an IPO worth Rs 3,480 crore with a price band of Rs 103–109 per share, opening on November 11 and closing on November 13, aiming to enhance its technology platform and expand learning centres [1][8] - Tenneco Clean Air India, a subsidiary of Tenneco Inc., is offering an IPO of Rs 3,600 crore entirely as an offer for sale, with a price band of Rs 378–397 per share, opening on November 12 and closing on November 14 [2][8] - Emmvee Photovoltaic Power is set to open its IPO of Rs 2,900 crore on November 11, priced between Rs 206–217 per share, focusing on India's clean energy sector [5][8] SME IPOs - Mahamaya Lifesciences plans to raise Rs 70.44 crore through its IPO, opening on November 11 and closing on November 13, with a price band of Rs 108–114 per share [6][9] - Workmates Core2Cloud Solution is launching an IPO of Rs 69.84 crore, opening on November 11 and closing on November 13, with a price range of Rs 200–204 per share, specializing in cloud computing and cybersecurity [7][9] Market Overview - The upcoming week will see five IPOs, three from the mainboard and two from the SME segment, with cumulative fundraising exceeding Rs 10,000 crore, testing market liquidity and sentiment [8]

Core Insights - The S&P 500 has experienced a significant recovery, rising over 78% since the beginning of 2023 after a decline of more than 19% in 2022 [1][2] - The current Shiller price-to-earnings (P/E) ratio is above 40, a level reached only three times in over 150 years, indicating that the index is trading at historically high levels [3][4] - The S&P 500 is heavily weighted towards a few large companies, with the "Magnificent Seven" (Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta, and Tesla) accounting for approximately 34% of the index [6][7] Investment Strategies - To mitigate the risks associated with overconcentration in the S&P 500, investors can consider an equal-weight S&P 500 ETF, such as the Invesco Equal Weight S&P 500 ETF (RSP), which distributes investments more evenly across all companies [9][10] - The equal-weight approach reduces reliance on a handful of stocks, with top holdings in RSP significantly lower than in the standard S&P 500, providing a more balanced risk profile [11][12] - Despite the standard S&P 500 outperforming RSP over the past decade (225% vs. 134%), RSP has shown comparable performance since its inception in April 2003, indicating that it can still yield substantial long-term returns [12][14]

Core Viewpoint - The company emphasizes providing actionable and clear investment ideas through independent research, aiming to help members outperform the S&P 500 and mitigate significant losses during market volatility [1] Group 1 - The investment style promoted by the company focuses on delivering in-depth articles on actionable investment ideas at least once a week [1] - The company claims to have assisted its members in not only beating the S&P 500 but also in avoiding substantial drawdowns amid extreme volatility in both equity and bond markets [1]

Core Insights - Berkshire Hathaway's stock has seen gains recently, reducing its underperformance against the S&P 500 from 12.2 percentage points to 4.3 percentage points since October 29 [1][2]. Financial Performance - Operating profits for Berkshire's wholly owned companies increased by 34% to nearly $13.5 billion in Q3, with insurance underwriting income rising by 200% [2]. - The company has not engaged in stock buybacks, indicating that Buffett does not view Berkshire shares as significantly undervalued despite recent weaknesses [2]. - As of September 30, Berkshire's cash reserves reached $381.7 billion, reflecting a 10.9% increase since the end of June [2]. Investment Strategy - There are indications of further sales of Apple shares, with a reported $1.2 billion decline in the cost basis for consumer product stocks, which includes Apple [7]. - Apple remains Berkshire's largest equity holding, valued at $75.2 billion, but the position has been reduced by 69% over the past two years [9]. - The company may have sold approximately 35 million shares of Apple for around $8 billion based on average prices during the quarter [9]. - Bank of America, another significant holding, has also seen a reduction of about 40% since the beginning of last year, with its current value at $32.2 billion [10]. Leadership Transition - Warren Buffett is expected to deliver a final message as CEO on November 10, which may include topics on philanthropy and other matters of interest to shareholders [4][5]. - Buffett will remain as chairman but will not participate in the next annual meeting, with new CEO Greg Abel taking over the responsibility of writing the annual letter to shareholders [5][6]. Market Activity - Berkshire's reported holdings in Japan have increased in value to approximately $33 billion, up from $31 billion in the previous month [11]. - The company has issued warnings regarding fraudulent YouTube videos impersonating Buffett, highlighting concerns over the misuse of AI technology [12].

Group 1: AI Investment Opportunities - Artificial intelligence (AI) investing remains a top priority for investors, with significant capital being allocated to support the AI revolution [1][2] - Several compelling stocks are highlighted for potential growth as investors adjust their portfolios for expected success in 2026 [2] Group 2: Nvidia - Nvidia is recognized as a leading player in AI investing, with its GPUs serving as the backbone for current AI technology [3] - The company has secured orders worth $500 billion for advanced data center chips over the next five quarters, indicating strong future growth potential [3] - Nvidia's market cap is reported at $4,572 billion, with a gross margin of 69.85% and $165 billion in revenue over the past 12 months [4][5] Group 3: Broadcom - Broadcom is competing in the AI sector by partnering with hyperscalers to create custom chips tailored for specific workloads, which may enhance performance while reducing costs [6][7] - Although Broadcom's custom AI accelerators may not directly compete with Nvidia's GPUs, they could capture a significant market share as clients seek to optimize data center expenditures [7] Group 4: Taiwan Semiconductor Manufacturing (TSMC) - TSMC is the leading semiconductor manufacturer for AI chips, producing components for major tech companies, including Nvidia and Broadcom [8] - The company's market cap stands at $1,486 billion, with a gross margin of 58.06%, making it a strong investment as demand for AI computing power continues to rise [10] Group 5: Alphabet - Alphabet's Google Search revenue continues to grow, countering earlier concerns about being replaced by generative AI [11] - The Google Cloud business is also generating revenue by running AI workloads for various clients, positioning Alphabet as a valuable investment opportunity [12] Group 6: Meta Platforms - Meta Platforms has substantial cash reserves for AI investments, but market concerns about its spending have led to a decline in stock price [13] - The stock is currently trading at 21 times forward earnings, which is considered low given its growth potential, suggesting it may yield impressive returns in the future [15]

Morsa Images / Getty Images Key Takeaways Having extra savings in retirement is a good goal to have. Start by saving and investing early, investing aggressively, and maximizing tax-advantaged retirement accounts. Automating your investments is a good strategy to use. If you are uncertain how to invest for your retirement, reach out to a fiduciary financial planner for advice. It’s a good problem to have: having too much money saved for retirement and having additional money to leave to your heirs. ...

Core Viewpoint - Nordea is presenting its 2030 strategy with updated priorities and financial targets aimed at enhancing shareholder value [1]. Group 1: Agenda Overview - The Capital Markets Day will last approximately 3 hours, starting with a session led by the CEO [2]. - Following the CEO session, there will be 10-minute presentations from the heads of each of the four business areas [2]. - A 15-minute break will occur after the initial presentations, followed by a detailed update from the Chief Information Officer on Nordic scale benefits [2]. - The event will conclude with a deep dive into the financials presented by the CFO [2].

Binance founder Changpeng ‘CZ’ Zhao has come at popular Bitcoin (BTC) critic Peter Schiff with a strong argument against gold. In a November 8 post on X, the crypto pioneer stated plainly that the traditional metal asset is “difficult to verify.” His statement comes as questions arose on X about the stalled 2025 Fort Knox audit push. What Happened to the Fort Knox Gold Audit? There appear to be discussions regarding the verifiability of gold reserves in comparison to the transparency of digital assets li ...

Core Viewpoint - Beyond Meat, Inc. is under investigation for potential violations of federal securities laws, particularly concerning the inflation of the value of certain long-lived assets [2][5]. Group 1: Company Operations and Financials - Beyond Meat underwent a global operations review in late 2023, leading to the depreciation of certain long-lived assets, which were recorded at the lower of their carrying value or fair value less costs to sell, with no impairments reported [4]. - On October 24, 2025, Beyond Meat announced an expected non-cash impairment charge for the three months ended September 27, 2025, related to certain long-lived assets, which was anticipated to be material [6]. - The company delayed its earnings announcement for Q3 2025 on November 3, 2025, due to the need for additional time to complete the impairment review, resulting in a significant decline in stock price [7]. Group 2: Stock Performance - Following the announcement of the expected impairment charge, Beyond Meat's stock price dropped approximately 23%, from $2.84 per share on October 23, 2025, to $2.185 per share on October 24, 2025 [6]. - The delay in the earnings announcement further contributed to a substantial decline in the stock price during trading on November 3, 2025 [7].