The Motley Fool

DECEMBER 19, 2023

Warren Buffett has led the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) for more than 50 years. Between 1965 (when he took control of Berkshire) and 2022, the shares delivered a whopping 3,787,464% gain. That translates to a 19.8% compound annual return, which is about twice the return of the benchmark S&P 500 index. It could have turned an investment of just $100 in 1965 into more than $3.7 million today.

Portfolios 246

Portfolios Investing Shareholders Stakes 246

PE Hub

DECEMBER 19, 2023

Based in Hong Kong, Hop Lun is a designer and maker of undergarments and swimwear. The post Platinum Equity-backed Hop Lun buys swimwear company Rainbow West Apparel appeared first on PE Hub.

Companies 239

Companies 239

The Motley Fool

DECEMBER 19, 2023

Having $1 million in retirement savings might sound like a far-off dream, but the truth is the first $100,000 is the hardest. Hustling to build a $100,000 investment account is a huge milestone. Famed investor Charlie Munger once told a young attendee at a Berkshire Hathaway shareholder meeting in the 1990s that once you have $100,000 you can "ease off the gas a little bit.

Mutual Funds 246

Mutual Funds Stock Market Stock Market Shareholders 246

PE Hub

DECEMBER 19, 2023

'Much like covid variants, 2023’s challenges will evolve and expand as we head into 2024, and some might even abate.' The post Cambridge Associates’ Andrea Auerbach: Rate cuts in 2024 may break the transaction logjam and spur activity appeared first on PE Hub.

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220

The Motley Fool

DECEMBER 19, 2023

Image source: Getty Images Florida has long been considered a highly desirable place to live, and for a few reasons. It has warm weather, no state income tax, and there are several metropolitan areas where the cost of living is well below the national average. However, there is one expense that has been rising rapidly that has started to make many people think twice about moving to the Sunshine State -- homeowners insurance.

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Taxes Companies 246

PE Hub

DECEMBER 19, 2023

The firm acquired ownership of the facility under its strategic operating partnership with Ironclad Energy. The post Fengate buys heat and power facility Morris Cogeneration from Atlantic Power and Utilities appeared first on PE Hub.

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217

PE Hub

DECEMBER 19, 2023

According to terms of the deal, ZimVie will receive $375 million in total consideration. The post H.I.G. to acquire ZimVie’s spine business appeared first on PE Hub.

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217

The Motley Fool

DECEMBER 19, 2023

The ability to contribute money to an HSA hinges on the type of health insurance plan you have. To qualify for an HSA, you must be enrolled in a high-deductible health insurance plan. In 2024, that means having a minimum deductible of $1,600 for self-only coverage, or $3,200 for coverage at the family level. If you're able to fund an HSA in 2024, that's an option you'll want to take advantage of.

Taxes 246

Taxes Accounting Funds Investing 246

PE Hub

DECEMBER 19, 2023

Existing shareholders also participated in the new round of capital. The post Turning Rock backs pet services provider Best Friends Pet Care appeared first on PE Hub.

Shareholders 215

Shareholders Capital 215

The Motley Fool

DECEMBER 19, 2023

Costco Wholesale (NASDAQ: COST) , a thriving business that has flown under the radar this year due to the intense focus on tech and artificial intelligence, just reported its fiscal 2024 first quarter (ended Nov. 26) financial results. And it seems like the market came away impressed. Shares have crushed the S&P 500 in 2023, up 44%. This continues a long history of outsized returns for investors.

Returns 246

Returns Investors Portfolios Companies 246

PE Hub

DECEMBER 19, 2023

The company’s management, founders, and existing investor Carrick Capital Partners will reinvest equity as part of this transaction. The post Carlyle and Insight Partners to invest in enterprise software firm Exiger appeared first on PE Hub.

Investing 208

Investing Capital Investors 208

The Motley Fool

DECEMBER 19, 2023

Many components are necessary for complicated devices like cellphones and graphics processing units, and none are more vital than the microscopic chips that provide the computing power. Among the chip manufacturers, none is more important than Taiwan Semiconductor (NYSE: TSM) , the world's largest contract chip manufacturer. It's already a monster with a $536 billion market cap.

Returns 246

Returns Portfolios Investors Companies 246

PE Hub

DECEMBER 19, 2023

Atlas Clinical Research is a clinical site network. The post BPOC-backed Atlas Clinical Research scoops up therapeutic research facility Suncoast appeared first on PE Hub.

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The Motley Fool

DECEMBER 19, 2023

More than two years after the peak of meme coin mania, Shiba Inu (CRYPTO: SHIB) remains a favorite target of crypto investors in search of the ultimate low-cost, high-upside investment. Despite the fact that it is still trading for the unbelievably low price of just $0.000010, many investors remain bullish that Shiba Inu can one day reach the $1 mark.

Returns 246

Returns Investors Portfolios Investing 246

PE Hub

DECEMBER 19, 2023

Octopus Energy Group is a British renewable energy group specializing in sustainable energy. The post CPP Investments pours additional £300m into Octopus Energy appeared first on PE Hub.

Investing 201

Investing 201

The Motley Fool

DECEMBER 19, 2023

After turning in a dismal performance last year, the stock market has come roaring back, within striking distance of a new bull market. Helping fuel the market recovery is the viral excitement surrounding artificial intelligence (AI). The list of this year's best performers is littered with companies best positioned to benefit from these next-generation algorithms.

Stakes 246

Stakes Banks Returns Stock Market 246

PE Hub

DECEMBER 19, 2023

The seller was Duquesne Light Holdings. The post GI Partners to acquire telecom service provider DQE Communications appeared first on PE Hub.

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228

The Motley Fool

DECEMBER 19, 2023

If you're looking for a CEO you can rely on to grow the value of their business, it's hard to pick anyone more likely to succeed than Warren Buffett. The nonagenarian has been at the helm of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) since 1965, and its value has risen at a pace that few money managers have achieved even when measured with much shorter timeframes.

Assets 246

Assets Portfolios Returns Stock Market 246

PE Hub

DECEMBER 19, 2023

'Our initial investment in 2018 via our small mid-cap fund has been highly successful and we’re delighted that Bridgepoint will be able to continue working with management and provide additional investment for the next stage of growth of PEI,' says Bridgepoint. The post Announcement: PEI Group agrees further funding from Bridgepoint for next stage of growth appeared first on PE Hub.

Funds 191

Funds Investing 191

The Motley Fool

DECEMBER 19, 2023

What was the top financial story of 2023? It has to be Artificial Intelligence (AI), right? No other subject dominated the headlines quite like AI. Whether it was ChatGPT, viral AI-generated images, or the failed ouster of Sam Altman at OpenAI, it seems AI keeps pumping out big stories, one after the other. So, with 2024 right around the corner, here are three AI stocks worth owning in 2024 -- and beyond.

Shareholders 246

Shareholders Leveraging Banks Returns 246

PE Hub

DECEMBER 19, 2023

Under the terms of the deal, FirstService will acquire a significant controlling interest for a purchase price of $413 million. The post FirstService buys Soundcore-backed Roofing Corp of America appeared first on PE Hub.

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190

The Motley Fool

DECEMBER 19, 2023

Coinbase (NASDAQ: COIN) has been talking about disrupting traditional finance markets for years, but it may finally be turning that potential into reality in the $300 trillion global debt market. A test debt product was produced and matured, showing the blockchain's capability to provide transparency and fast settlement for investors. In this video, Travis Hoium covers Coinbase's new financial product and tells how it could disrupt a massive amount of financial transactions in the future.

Debt 246

Debt Financing Finance Returns 246

PE Hub

DECEMBER 19, 2023

Based in Toronto, Neighbourly Pharmacy is a network of community pharmacies. The post Neighbourly backer PCP lowers offer to take company private appeared first on PE Hub.

Companies 182

Companies 182

The Motley Fool

DECEMBER 19, 2023

Investors will likely remember 2023 as the year artificial intelligence (AI) found footing in the market. With the excitement generated by ChatGPT, investors have rushed into many prominent AI stocks. Such price action may persuade investors to make a New Year's resolution to buy a specific stock. Verizon (NYSE: VZ) is one to consider. Investors hammered it as debt costs and growth struggles weighed on the telecom stock.

Debt 246

Debt Prospects Shareholders Capital 246

PE Hub

DECEMBER 19, 2023

Bridgepoint is reinvesting in PEI. The post Carlyle, Insight invest in enterprise software; Bridgepoint to reinvest in PEI; Andrea Auerbach predicts 2024 uptick appeared first on PE Hub.

Investing 178

Investing 178

The Motley Fool

DECEMBER 19, 2023

After an absolute disaster of a year in 2022, the stock market appears to have turned the corner. Each of the major market indexes has gained more than 20% from their respective trough. Perhaps more importantly, the S&P 500 and the Nasdaq Composite are within striking distance of new highs, which will check the final box marking the start of a new bull market.

Portfolios 246

Portfolios Investing Bidding Stakes 246

PE Hub

DECEMBER 19, 2023

Sentinel invests in midmarket businesses in the U.S. and Canada. The post Sentinel Capital recaps manufacturer Online Labels Group appeared first on PE Hub.

Capital 185

Capital Investing 185

The Motley Fool

DECEMBER 19, 2023

Image source: Getty Images Nationwide, insuring a vehicle costs an average of $3,017 annually. That works out to $251 per month. While some states average much higher rates (we're looking at you, Michigan, Louisiana, and Florida), these 15 states have managed to keep the lid on auto insurance rates. Rank State Average rate 1 Hawaii $1,619 2 Washington $1,803 3 Alaska $1,897 4 Idaho $2,010 5 Indiana $2,065 6 Maine $2,201 7 Ohio $2,238 8 Iowa $2,286 9 Massachusetts $2,315 10 Wisconsin $2,346 11 Te

Accounting 246

Accounting Companies 246

PE Hub

DECEMBER 19, 2023

Schmitt, who is based in Baltimore, will continue serve in her CFO role. The post JMI Equity promotes Schmitt to partner appeared first on PE Hub.

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188

The Motley Fool

DECEMBER 19, 2023

For the third day in a row, shares of big pharma bellwether Pfizer (NYSE: PFE) are heading higher -- which is kind of curious. Just last week, Pfizer issued downbeat guidance for the year ahead. But today, analysts at Citigroup put out a note suggesting that Pfizer is lowballing the market and setting itself up to beat earnings in 2024. Pfizer stock is up 3.1% through 10:50 a.m.

Returns 246

Returns Portfolios Investors Companies 246

PE Hub

DECEMBER 19, 2023

Currently, Kim is investment director and head of investments for private equity at the California Public Employees Retirement System. The post Texas Municipal Retirement Systems taps Kim as CIO appeared first on PE Hub.

Investing 158

Investing 158

The Motley Fool

DECEMBER 19, 2023

Artificial intelligence (AI) dominated financial headlines throughout 2023. While myriad companies are participating in the AI marathon, the " Magnificent Seven " stocks are setting the pace. Among this cohort of stocks, perhaps the biggest beneficiary from the AI boom is Nvidia (NASDAQ: NVDA). The company recently reported earnings for its third quarter of fiscal 2024, ended Oct. 29, handily beating its revenue guidance and setting a new record.

Returns 246

Returns Investors Companies Portfolios 246

PE Hub

DECEMBER 19, 2023

BWT is a B2B warehousing and transportation business. The post Bluejay Capital-backed BWT acquires International Express Trucking appeared first on PE Hub.

Capital 166

Capital 166

The Motley Fool

DECEMBER 19, 2023

Bill.com (NYSE: BILL) didn't receive much coverage in the financial press for most of this year as the market obsessed over the much-touted "Magnificent Seven." When it did get the spotlight, it was due to a gut-wrenching share-price plunge. For the past couple of years, the provider of cloud-based billing software and owner of the website that bears its name has been a pariah on Wall Street.

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Buyout Shareholders Banks Returns 245