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Globe and Mail
32 minutes ago
- Business
- Globe and Mail
This Is Warren Buffett's Biggest Warning to Wall Street Yet
For the better part of the last six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has done his best to run circles around Wall Street's benchmark stock index, the S&P 500 (SNPINDEX: ^GSPC). Through the closing bell on May 23, the Oracle of Omaha had overseen a cumulative return of better than 6,120,000% for his company's Class A shares (BRK.A), which is greater than 150 times the total return, including dividends, of the S&P 500 since the mid-1960s. Buffett's long-term outperformance has been something to marvel at, and it's earned him quite a large following on Wall Street. Every year, some 40,000 investors attend Berkshire Hathaway's annual meeting for a chance to hear Buffett share his thoughts on stocks and the U.S. economy. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Additionally, professional and everyday investors wait on the edge of their seats for the release of Berkshire's Form 13F each quarter to see which stocks he and his team, including top advisors Ted Weschler and Todd Combs have been buying and selling. But that's the issue... Berkshire's boss and his team have been doing a lot more selling than buying, of late -- and Buffett's latest warning to Wall Street is his biggest yet. Warren Buffett has been a net seller of stocks for 10 straight quarters Although investors can get the specifics of which stocks the Oracle of Omaha has been buying and selling, Berkshire Hathaway's quarterly cash flow statements paint a far more detailed picture. Specifically, Berkshire's income statements show how much Buffett and his team cumulatively spent buying equities in the latest quarter, as well as how much Berkshire's chief and his team collectively sold. During the March-ended quarter, Berkshire's investment team purchased $3.183 billion in equities and sold $4.677 billion, which works out to net selling activity of $1.494 billion. For 10 consecutive quarters, Buffett and his crew have been persistent net sellers of stocks, to the tune of $174.4 billion. This selling activity hit a crescendo last year, with Buffett overseeing a meaningful pare down of Berkshire Hathaway's stakes in Apple and Bank of America. To this point, Buffett's consistent net selling activity since Oct. 1, 2022, has served as his big warning to Wall Street. It's called into question the stock market's historically pricey valuation, as well as reinforced something Berkshire's chief noted in his latest annual letter to shareholders: " Often, nothing looks compelling." But there's now an even bigger warning for Wall Street, courtesy of the stock market's most-revered money manager. The Oracle of Omaha's biggest warning to Wall Street is a true eye-opener Despite being a net seller of stocks for the previous 30 months, Warren Buffett is unwavering in his belief that investors shouldn't bet against the U.S. economy. Though Berkshire's CEO is fully aware that economic downturns and stock market corrections are inevitable, he astutely understands that recessions and market downturns are short-lived. Wagering on U.S. economic growth and stock market upside has been the smart move for long-term investors. However, the one aspect of Buffett's investment philosophy that supersedes his long-term optimism for America and stocks is his unending desire to get a good deal. Warren Buffett is a value investor who's demonstrated an unwillingness to bend when even beloved companies are no longer attractively priced. Until recently, being a net seller of stocks in Berkshire's investment portfolio had demonstrated this desire to get a good deal -- but there's now an even bigger warning. Between July 2018 and June 2024, Buffett green-lit the repurchase of nearly $78 billion worth of Berkshire Hathaway stock. Buying back his company's stock for 24 consecutive quarters offered a way for Berkshire's chief to reward long-term investors and ultimately make his company's stock more fundamentally attractive by providing a boost to earnings per share. But for three consecutive quarters (July 1, 2024 – March 31, 2025), Buffett hasn't spent a dime buying back shares of his own company. The reason is almost certainly due to Berkshire Hathaway stock trading at a 60% to 80% premium to its book value. Between mid-2018 and mid-2024, this premium had hovered between 30% and 60% above book. There's no greater warning to Wall Street than Warren Buffett firmly depressing the brakes on repurchasing shares of his favorite stock -- i.e., his own company. Stocks are expensive -- but Buffett's patience has historically paid off If the Oracle of Omaha is willing to put his foot down and not purchase shares of his own company, it demonstrates just how pricey stocks are at the moment. In mid-February, when the benchmark S&P 500 hit its record-closing high, the so-called "Buffett indicator" did, as well. The Buffett indicator divides the aggregate value of all U.S. publicly traded companies by U.S. gross domestic product (GDP). When back-tested to the start of 1970, the Buffett indicator has averaged a reading of 85%. In other words, the cumulative value of all public stocks has equated to roughly 85% of U.S. GDP. In mid-February, the Buffett indicator hit its all-time high of 205.5%! The S&P 500's Shiller price-to-earnings (P/E) ratio tells a similar story. This valuation tool, which is also known as the cyclically adjusted P/E Ratio (CAPE Ratio), hit a multiple of nearly 39 in December 2024. For context, the Shiller P/E has averaged a multiple of a little over 17 when back-tested 154 years. S&P 500 Shiller CAPE Ratio data by YCharts. Both of these tools point to value being virtually nonexistent on Wall Street at the moment. The silver lining here is that Warren Buffett's patience has proved quite profitable over the years. Being disciplined enough to sit on his proverbial hands and wait for valuations to come into his wheelhouse is a trait that's made Berkshire's chief a phenomenal investor. For example, one of the few stocks Buffett has been loading up on is satellite radio operator and legal monopoly Sirius XM Holdings (NASDAQ: SIRI). Berkshire currently owns a greater than 35% stake in the company. Whereas the Shiller P/E is at its third-priciest valuation during a continuous bull market in a period spanning more than 150 years, Sirius XM is valued around a forward P/E ratio of 7, which is a stone's throw from its historic low as a public company of 31 years. Being the lone satellite radio operator, and generating the bulk of its revenue from subscriptions, as opposed to advertising like traditional radio companies, places Sirius XM stock in favorable risk-versus-reward scenario. Despite Warren Buffett's biggest warning to Wall Street yet, history shows that Berkshire's shareholders, and long-term investors as a whole, are still sitting pretty. Should you invest $1,000 in Berkshire Hathaway right now? Before you buy stock in Berkshire Hathaway, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Berkshire Hathaway wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,761!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,263!* Now, it's worth noting Stock Advisor 's total average return is978% — a market-crushing outperformance compared to170%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025
Globe and Mail
32 minutes ago
- Business
- Globe and Mail
MindStir Media Wins Prestigious 2025 Global Recognition Award
MindStir Media, led by founder J.J. Hebert, has been named a 2025 Winner of the prestigious Global Recognition Award(TM). The honor highlights the company's innovative self-publishing services, including expert mentorship and tailored solutions, celebrating its significant impact on empowering authors and redefining the publishing industry. Portsmouth, New Hampshire--(Newsfile Corp. - May 30, 2025) - MindStir Media is proud to announce that it has been named a 2025 Winner of the esteemed Global Recognition Award™, a distinguished honor celebrating the company's outstanding contributions to the self-publishing industry. The award reflects MindStir Media's unwavering commitment to innovation, creativity, and author empowerment, as it continues to redefine the publishing experience. Founded by best-selling and award-winning author J.J. Hebert, MindStir Media has emerged as a trailblazer in the self-publishing world by delivering unparalleled support and customized solutions for authors. Offering high-quality book production, tailored marketing plans, and direct one-on-one mentorship, the company has set a new standard for how aspiring writers can bring their stories to life. To date, MindStir Media has helped authors produce thousands of books, many of which have gone on to receive critical acclaim and garner impressive sales. The 2025 Global Recognition Award caps off a string of significant achievements for the company. Over the years, MindStir Media has been praised for its ability to provide a seamless and empowering publishing experience, giving authors a platform to share their voices with readers worldwide. "It's an incredible honor to be recognized by the Global Recognition Awards," said J.J. Hebert. "This milestone is a testament to the relentless passion and dedication of our team and the authors we've had the privilege to partner with. At MindStir Media, we are driven by our mission to make publishing dreams a reality, and this award inspires us to continue innovating and elevating our services." MindStir Media's revolutionary approach to the publishing space has not only garnered critical acclaim but has also fostered a sense of community among authors. By reducing barriers to entry and ensuring that every writer has the resources needed to succeed, the company has become a trusted partner for authors across all genres. Their comprehensive services include editing, graphic design, distribution, and book promotion, creating a one-stop solution for talented storytellers. Looking to the future, MindStir Media is determined to build on this success by expanding its services and reaching even more aspiring authors. With a focus on creativity and collaboration, the company aims to continue driving innovation within the publishing industry. To learn more about the award-winning services offered by MindStir Media and explore how they can help bring your story to life, visit MindStir Media's website. About MindStir Media MindStir Media is a leading self-publishing company committed to helping authors achieve their publishing goals through professional publishing, marketing, and mentorship. Under the guidance of J.J. Hebert, the company has built a reputation as a trusted and innovative force in the industry, producing dynamic and successful publications on a global scale. To view an enhanced version of this graphic, please visit:
Globe and Mail
32 minutes ago
- Business
- Globe and Mail
Bedroom Trader OLI (OLI) Is Now Available for Trading on LBank Exchange
Road Town, British Virgin Islands--(Newsfile Corp. - May 30, 2025) - LBank Exchange, a globally leading digital asset trading platform, is pleased to announce the listing of Bedroom Trader OLI (OLI). The OLI/USDT trading pair will be available soon at inviting users around the world to embrace a new form of crypto lifestyle-one built on accessibility, humor, and community-first governance. To view an enhanced version of this graphic, please visit: As crypto continues to evolve beyond financial speculation into culture and identity, OLI is redefining what it means to be a trader. Born from meme culture and governed by its holders, Bedroom Trader OLI is for anyone who's ever checked charts from their bed, placed trades on their phone, or joined Telegram groups in their pajamas. It's not just a coin—it's a movement. Bedroom Trader OLI: A Relatable, Meme-Driven Crypto Community Bedroom Trader OLI celebrates the everyman of Web3—the casual yet passionate market participant who navigates volatile markets with little more than a Wi-Fi connection and ambition. The project prioritizes inclusivity, culture, and community engagement through an accessible design ethos and transparent governance model. At its core, OLI is more than a meme. It's an ecosystem where each wallet matters. DAO voting lets users guide decisions, while memes and humor power the spirit of the brand. With no centralized gatekeepers and no elite barrier to entry, OLI invites everyone to shape its future—one token, one voice, one vote at a time. Traders can participate in the community not only through ownership but also through creative expression, social interaction, and regular events that incentivize participation. From newcomers learning the ropes to degens running alpha groups, all are welcome in OLI's bedroom-built movement. Tokenomics The OLI token introduces an adaptive, community-driven issuance model, where monthly token supply reflects the ecosystem's level of engagement and wallet activity. Key Details: Token Name: Bedroom Trader OLI Token Symbol: OLI Blockchain: Solana Supply Model: Monthly issuance based on active wallet count Monthly Range: 50 to 150 billion OLI per month Distribution Structure: 50% to Token Holders At the end of each month, OLI held across all wallets is assessed, and half of the newly issued tokens are equally distributed to all holders, regardless of wallet size. This egalitarian model incentivizes participation and wallet retention rather than concentration. 50% to Ecosystem Development The other half supports: Community airdrops and engagement campaigns Marketing and branding initiatives Strategic partnerships Liquidity provisioning Development and operational expenses This responsive, activity-based model ensures that OLI's supply expands in tandem with community interest, avoiding unnecessary inflation while aligning token dynamics with real participation. The result is a self-adjusting, people-powered economy that evolves with the pace of its users. Learn More about Bedroom Trader OLI Website: Start Trading Now: Community & Social Media: Telegram Twitter Facebook LinkedIn Instagram YouTube Press contact: press@ Business Contact: LBK Blockchain Co. Limited LBank Exchange marketing@ business@ To view the source version of this press release, please visit
Globe and Mail
an hour ago
- Entertainment
- Globe and Mail
The Globe and Mail Bestsellers for the week of May 31, 2025
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Globe and Mail
2 hours ago
- Automotive
- Globe and Mail
SERES Invited to Attend ASEAN-China-GCC Economic Forum
CHONGQING, China and KUALA LUMPUR, Malaysia , May 30, 2025 /CNW/ -- On May 27 , the ASEAN-China-GCC Economic Forum officially opened in Kuala Lumpur , aiming to create development opportunities and shared prosperity by strengthening cooperation in economy, trade, investment, and other fields. SERES, as a representative of China's new energy vehicle (NEV) enterprises, was invited to attend the forum. John Zhang, Chairman and President of SERES Group stated that with the brand slogan of "Intelligence Redefining Luxury," SERES focuses on the high-end luxury vehicle market, exploring a development path for Chinese automakers. For the markets of ASEAN and GCC member countries participating in the forum, SERES will accelerate the localized development and certification of relevant models, especially the high-end AITO series, to swiftly introduce them into target markets and achieve full coverage in the future. SERES' vehicle export business began in 2005. After years of development, the company has exported over 550,000 vehicles cumulatively to more than 70 countries and regions, including Germany , France , the UK, and Italy . In 2018, SERES established and put into operation a highly automated manufacturing plant in Indonesia integrating four major processes - stamping, welding, painting, and assembly, which became the first pure electric vehicle manufacturer in Indonesia . With a foothold in Indonesia , SERES is expanding its reach across ASEAN and continuously growing its presence in the Southeast Asian market. By attending the ASEAN-China-GCC Economic Forum, SERES is expected to further strengthen exchanges and cooperation with ASEAN and GCC member countries, accelerating the materialization of its overseas market expansion. During the interview, John Zhang introduced that SERES was founded in 1986 and has undergone three entrepreneurial phases—transitioning from auto parts to complete vehicles, and now to intelligent electric vehicles—achieving leapfrog development each time. Now, AITO brand is redefining luxury with intelligence and pioneering a "New Luxury" concept combining Traditional Luxury and Technological Luxury. With leading product strength, AITO has won recognition from more than 600,000 users, establishing itself as the benchmark of "New Luxury" in China . As a technology-driven company, SERES is committed to innovations of core technologies in electrification and intelligence, having developed the SERES MF Platform, SERES Super Range Extender, SERES Intelligent Safety, and SERES Super Factory, building a robust technological moat. In the face of the opportunities and challenges brought by global economic integration, SERES will embrace a more open and inclusive mindset, working together with partners from all sectors to jointly write a new chapter in the development of China's new energy vehicle industry. About SERES Founded in 1986, SERES is a leading technology company specializing in new energy vehicles (NEVs). With a workforce of approximate 20,000 employees, SERES is publicly listed on the A-share market and ranks among the Fortune China 500. The company is dedicated to the research and development, manufacturing, sales and services of new energy vehicles and their core NEV components. The name SERES is inspired by the Greek word for "the land of silk", evoking the luxuries of heritage of the East. SERES offers two NEV brands for overseas markets: AITO and DFSK. These brands provide a diverse range of products tailored to different market segments, with AITO focusing primarily on the high-end luxury segment. To date, SERES has exported over 550,000 vehicles to more than 70 countries and regions, including Germany , France , the United Kingdom , Italy , and many more countries.
