This article looks at the investment philosophies of two companies – Berkshire Hathaway (BRK) and Michael Burry's Scion Asset Management. What ties them together is their focus on value, although the change in leadership at Berkshire is raising some concerns that Berkshire's decades-old value philosophy might be changing.

Stocks mixed, with Japanese and emerging markets stocks chalking up gains, while European stocks lost ground. US stocks were mixed. Yields were higher at the belly and long end of the UST curve, with inflationary expectations remaining elevated. Gold and oil were higher, the Yen and Bitcoin weaker.

A volatile month draws to a close, with global bond yields higher as inflation expectations remain elevated. With no sign of the end of the Middle East conflict, investors very much remain on edge. Ongoing concerns regarding A.I. spending are also weighing on sentiment.

This article provides an early-week update on the highly volatile and under-pressure semi-conductor sector, as well as the Mag 7 stocks with AAPL, AMZN, META and MSFT reporting earnings this week. It also looks at SpaceX (SPCX), which is well below its IPO price and falling like a stone.

U.S. stocks and bonds lost ground last week, with global stock markets all gaining ground. GOOG disappointed, which is hard to digest given their performance and outlook. Investors remained very concerned about A.I. investment needs, especially amongst the hyper-scalers. There are important central bank meetings and earnings this coming week.

“What gives you opportunities is other people doing dumb things ... In the 58 years we’ve been running Berkshire, I would say there’s...

Tech companies drove the 7% return of the S&P 500 in the 1Q23. Without the "magnificent seven", the index would have been flattish.

The five mega-tech FAMAG names start reporting their quarterly earnings ended Dec 30th, 2022, this week. I also included TSLA.

Love it or hate it, the fact is that Tesla's stock performance has left nearly all peers – tech and automotive – in the dust. Now what?