It has been confirmed that Berkshire Hathaway Inc’s energy unit will acquire Dominion Energy Inc’s natural gas transmission and storage business for $9.7 billion.
This puts Berkshire Hathaway Energy into a very strong position in the market.
Potentially, this is why Warren Buffett has been holding onto an extra large cash sum? Maybe not.
Bill Ackman is a very interesting person in the world of investing. Below is a great interview with Bill that talks about everything Pershing Square, hedge funds and learning from your mistakes. There are a lot of great quotes inside this interview.
Bill Ackman is an investor that many people across the world follow. Here is an interested snippet from an interview with Bill (not sure the date), but it provides an idea on what type of companies Bill really wants to invest in.
Here is the key difference.
Alibaba is a marketplace. They do not own the inventory of the merchandise sold. They put buyers and sellers together. Buyer and seller agree on terms online via their platform or offline.
Amazon’s main business is they own the inventory, and sell directly to the customer.
Both models have their Pros and Cons. Amazon has also turned into a very strong third party seller platform in recently years, but they still like to control a lot of the fulfilment.
No.
At the time of writing this article Alibaba (BABA) has a market cap of $545 billion.
Source: Yahoo Finance (BABA)
Spotify raised a total of $188 million from venture capital and private equity companies before its IPO.
Series A, 10/08 $21.6M
Creandum
Northzone
Li Ka-shing
Series B, 8/09 $50M
Wellington Partners
Li Ka-shing
Series C, 2/10 €11.6M
Sean Parker
Founders Fund
Venture Round, 6/11 $100m
Kleiner Perkins Caufield & Byers
Accel Partners
Digital Sky Technologies
If you searched for Xiaomi ADRs, you’ve inevitably come across both XIACF and XIACY. What’s the difference? You cannot trade XIACF as a retail investor because it’s a “privately placed” ADR under SEC Rule 144A. This means that they’re for qualified institutional buyers (QIBs) only. QIBs want and contribute to the 25x higher average trading volume than XIACY. Volume ensures there are enough buyers and sellers to trade with you. Information and services are also limited to QIBs.