Archives March 2022

Insider Report

Buffet’s Berkshire Hathaway Acquires Alleghany for 11.6B

by Senior Analyst

Berkshire Hathaway Acquires Alleghany Insurance for $11.6B

Warren Buffet and Charlie Mungers' Berkshire Hathaway returned to its roots Monday in large corporate acquisitions. Following Insurance rate increases through much of the past quarter, and inflation continuing to prevail as a result of the Federal rate hikes. Berkshire-Hathaway is hedging against the current state of market volatility by reapplying Buffet and Mungers' dormant Investment principles unused by the pair for much of the last two decades. The firms biggest acquisition of the 2010s came in 2016 when it bought out all Precision Car parts shares for 36B. As Buffet returns to betting on large companies such as Alleghany that are due to make greater capital returns post pandemic. It is important to first recognize and accept the new normal in fees and rates that will stay present in our economy for years. Then begin working to understand and adapt moving forward out of recession.

Insider Report

RBC Payout

by Senior Analyst
Lawsuit Progress

During the Corona virus Pandemic in 2020. RBC (Royal Bank of Canada) Didn’t pay their traders profit for their trades, Not having enough capital on hand to payout than releasing their entire sales staff without having received pay for their work. The Defendant, Ex-Sales Director at RBC, and Current Sales Executive at Loop Capital /Coulter Capital Senior Analyst Brett H. Coulter Sued RBC for restitution on behalf of the entire Sales dept. he managed

Shortchanging Employees Case Update:

https://news.bloomberglaw.com/daily-labor-report/rbc-capital-markets-shortchanged-sales-employees-suit-says