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2 Billionaires Buy This Former Out-Of-Favor Bank, Why?

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Monday, January 20th 2025

2 Billionaires Buy This Former Out-Of-Favor Bank, Why?

As recently as 2020, few analysts could have predicted that Stanley Druckenmiller, a billionaire who used to manage Quantum Fund with George Soros, would invest in Citigroup, a multinational banking company with a reputation for mismanaging funds and contributing to the Great Recession.

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Is Buffett Primed To Pounce On a Crash?

In 2024, value investing legend Warren Buffett did the seemingly unthinkable by selling stocks aggressively in a year that saw the S&P 500 climb by about 23 percent.

 

While the exact figures on Buffett's selling won't be known until Berkshire Hathaway releases its Q4 earnings report, the total stood at a staggering $133 billion as of the end of Q3.

 

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If you're looking for steady income, dividend stocks are a powerful tool providing regular cash payouts as you wait for stock price appreciation.

 

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Is 2025 The Year Uber Bounces Back?

Shares of Uber Technologies (NYSE:UBER) have had a rough few months, dropping 15.7% over the last 90 days even as the overall market finished 2024 on a high note. With shares still sold off, investors may find themselves wondering where Uber goes from here. Let's take a look at what's driving UBER down, how the company is performing and whether Uber stock can recover in 2025.

 

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- G. O'Fiachra

 

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