What outperforming mutual funds are buying and selling

Mutual funds, large pools of cash run by professional investment managers, seem to be having their best year in more than a decade, an analysis by Goldman Sachs showed. “A greater share of mutual funds has outperformed their benchmarks in 2022 than in any year since 2009,” Goldman’s analysts, led by Cormac Conners, said in … Read more

Warren Buffett Says Markets Have Become a ‘Gambling Parlor’

OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying.  That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshire Hathaway Inc. BRK.B -2.55% is opening up the spending spigot again. It forged an $11.6 billion deal to buy insurer Alleghany Corp. Y … Read more