Warren Buffett’s Berkshire, sitting on $116 billion in cash, hunting for things to buy for ‘sensible’ price

In his annual letter, Warren Buffett said finding things to buy at a "sensible purchase price" has become a challenge and is a major reason Berkshire is awash with US$116 billion of low-yielding cash and government bonds.Andrew Harrer/Bloomberg NEW YORK — Warren Buffett, chairman and CEO of Berkshire Hathaway Inc, said his conglomerate, which is …

Is a 3 per cent yield the trigger for a stock market meltdown?

A trader looks over computer monitors in the Cboe Volatility Index (VIX) pit in ChicagoDaniel Acker/Bloomberg As 10-year Treasury yields climb, investors are fixated on 3 percent, a level where many fear an equity market meltdown. Yet that threshold has no fundamental relevance. Instead, investors should try to understand why yields are rising, and draw …

How high-net-worth investors can navigate tricky markets in 2018

High-net-worth (HNW) investors have faced some challenging times since the financial crisis passed nearly 10 years ago, with members of the “stay rich vs. get rich” set never forgetting that existential threat to their wealth and lifestyle.Illustration by Chloe Cushman/National Post files High-net-worth (HNW) investors have faced some challenging times since the financial crisis passed …