Latest news with #Koura
LBCI
12-05-2025
- Politics
- LBCI
Interior Ministry releases 2025 municipal election results of Koura district
The Lebanese Interior and Municipalities Ministry has published the official results of the 2025 municipal and mukhtar elections of the Koura district. Click here to see the results.
LBCI
10-05-2025
- Politics
- LBCI
81 municipalities win unopposed in North Lebanon and Akkar
A total of 81 municipalities across North Lebanon and Akkar won uncontested ahead of the upcoming municipal elections, out of 289 in the region. In Akkar, 44 out of 134 municipalities were decided by acclamation. In the Batroun district, three out of 31 municipalities went unopposed: Beit Chlala, Douma, and Rachkida. In Bcharre, five of the 12 municipalities saw uncontested wins: Bqaa Kafra, Qnat, Hadchit, Hasroun, and Hadath El Jebbeh. In Koura, 10 of 38 municipalities were secured by default. These include Batroumine, Btaaboura, Bechmizzine, Bsarma, Bkeftine, Darchmezzine, Rechdebine, Aafsadiq, Kfarsaroun, and Kousba. In Minieh-Danniye, 13 municipalities out of 37 were elected without competition. These are: Behouaita, Afqa, Bchennata, El Hazmiyeh, Harf El Siyad, Beit El Faqs, Kahf El Malloul, El Rawda, Zghartighrine, Aaimar, Bqaa Safrin, Mrah El Sreij, Borj El Yahoudiyeh, Deir Nbouh, and Qarsita. Tripoli, with five municipalities, had no unopposed races. In Zgharta, six of 32 municipalities were elected by acclamation: Iaal, Haret El Fouar, Raskifa, Aarjes, Kfar Hatta, and Kfarfou.
LBCI
06-05-2025
- Politics
- LBCI
Ten municipal councils in Koura district elected unopposed
Ten municipalities in Lebanon's Koura district have secured their municipal councils unopposed, following the close of the withdrawal period for candidacies. According to official sources, the towns of Bkeftine, Bechmizzine, Bsarma, Btaaboura, Darchmezzine, Aafsadiq, Batroumine, Kousba, Kfarsaroun, and Rechdebine will not proceed to a vote, thereby winning by acclamation.
RNZ News
04-05-2025
- Business
- RNZ News
'How he invests is completely different' - NZ fund manager takes lessons from a legend
Warren Buffett is set to retire from his role leading Berkshire Hathaway. Photo: AFP There were lots of lessons for local investors at Warren Buffett's annual shareholder meeting in Omaha, a NZ fund manager says - but whether the average person can follow through on them is another thing entirely. The legendary investor announced at the weekend that he would retire from his role leading Berkshire Hathaway. Buffett transformed Berkshire Hathaway from a medium-sized textile company when he bought it in the 1960s into a giant conglomerate, now valued at more than US$1 trillion (NZ$1.68 trillion) and with liquid assets of US$300 billion (NZ$505 billion). Koura founder Rupert Carlyon was at the meeting and said Buffett explained how to be a good investor in the clearest way he had ever heard. He said Buffett made it clear that it was important to be patient and wait for opportunities. "Don't invest because you've got the money but because you've got the right idea." Carlyon said retail investment platforms might give people the idea that investing was easy and that they only needed to find companies that had had a share price fall to spot an opportunity. "How he invests is completely different. "When I listen to him, his story about investing is about patience and a hell of a lot of work… he's also clear that if you're not willing to be patient, if you're going to be emotional, you should find yourself a fund. "If you're emotional about money, get out of the room. If you can't check your emotions, you can't be an investor. If you can't read a balance sheet and understand a balance sheet, you're always going to lose. I can see why he's been so successful. The big question is whether other people can replicate what he does and often the answer is no. "Even if you look at the financial world no one can be anywhere near as patient as he is." Carlyon said Buffett would sit on cash for a long time while he waited for the right opportunity. While he would rather not have as much cash as he currently does, he did not see the opportunity to invest it. "If he has to wait five years to spend it, he doesn't care. He said the problem with fund managers is we're all incentivised to put money to work… he was digging at traditional investors trying to get as many assets under management as possible, trying to put cash to work as quickly as they can so they can charge a fee for it… he'll put it to work when it makes sense, not so he can earn a fee from it." Carlyon said Buffett was clear that most people were best to put their money into a managed fund or index fund and leave the investing to someone else. Buffett told the crowd that he was not worried about quarterly or even annual numbers, but was instead thinking about where the investment would be in 10 or 20 years. He said people who focused on short-term numbers typically became unstuck at some point. Carlyon said Buffett also told the conference Berkshire Hathaway had made a lot of money out of holding dry powder waiting for a downturn. "We need to stay patient, we don't know when it will come, but we know it will come. " Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
