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newswatch:-diversify?-almost-half-of-warren-buffett’s-berkshire-hathaway-portfolio-is-now-composed-of-a-single-stock
newswatch:-diversify?-almost-half-of-warren-buffett’s-berkshire-hathaway-portfolio-is-now-composed-of-a-single-stock

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NewsWatch: Diversify? Almost half of Warren Buffett’s Berkshire Hathaway portfolio is now composed of a single stock

NewsWatch

MARKETWATCH FRONT PAGE

Warren Buffett once said that “diversification is protection against ignorance. It makes little sense if you know what you are doing.” The takeaway: Load up on what you know. Even if it’s a tech stock, apparently. See full story.

He had $35,000 in retirement savings in March — 350 trades later and he’s apparently sitting on $1 million

Prepare for some serious trading FOMO, courtesy of Reddit’s “WallStreetBets” community. See full story.

I told my family I boycott Chick-fil-A over its support of anti-LGBTQ causes — now they ‘like’ the company on Facebook and suggest going there to eat

‘At best, the company’s stance is irrelevant to these particular siblings. At worst, these positions are a key reason for their support.’ See full story.

Brooks Brothers files for bankruptcy as its take on office gear falls out of step with more casual trends

Brooks Brothers, the iconic 202-year-old-professional apparel brand, has filed for bankruptcy. See full story.

Trump threatens federal funding for schools, says he disagrees with CDC over reopening guidelines

President Donald Trump on Wednesday threatened federal funding for schools and said he disagreed with CDC guidelines for reopening them, increasing pressure on educational institutions even as coronavirus cases are soaring in some states. See full story.

MARKETWATCH PERSONAL FINANCE

‘At best, the company’s stance is irrelevant to these particular siblings. At worst, these positions are a key reason for their support.’ See full story.

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