Pierre Lassonde holds his Northern Miner Lifetime Achievement Award at the International Metals Symposium in London on Nov. 30. Credit: The Northern Miner Franco-Nevada (TSX, NYSE: FNV) co-founder Pierre Lassonde hasn’t let retirement from the C-suite dim his love for the yellow metal. Think $4,000 gold is high? Lassonde, the former Newmont (NYSE: NEM, TSX: NGT) president, has news for you. He predicts the yellow metal will hit $17,250 an oz. within three years. “People are buying gold because they want to ...

肯·费舍尔对科技与AI泡沫的观点 - 肯·费舍尔认为，市场对科技和人工智能泡沫的普遍担忧并不符合真正市场泡沫的特征，多数人视其为机会 [1] - 他指出市场会有效地预定价所有广为人知的事情，高估值并不预示着即将崩溃，且统计数据不支持用估值来预测对投资者重要的时间段内的市场方向 [2] - 费舍尔承认短期结果存在不确定性，股市在疲弱市场中下跌是典型行为而非泡沫证据，长期来看股票表现良好但短期波动很大 [3] - 谈及“AI之王”时，费舍尔指出该公司到2026年底拥有超过5000亿美元与实际数据中心产品相关的合同收入，但道路可能仍有波折 [4] 投资组合筛选方法论 - 该增长股投资组合名单通过筛选费舍尔资产管理公司2025年第三季度13F文件得出，选取了平均5年营收增长率超过20%的股票 [6] - 股票按平均5年营收增长率升序排列，并提及了截至2025年第三季度每家公司的对冲基金持有者数量 [7] - 关注对冲基金大量持有的股票，因研究表明模仿顶级对冲基金的最佳选股可以跑赢市场，相关策略自2014年5月以来回报率达427.7%，超越基准264个百分点 [8] 博通公司 - 博通平均5年营收增长率为20.00%，有183家对冲基金持有，费舍尔资产管理公司持仓价值为4,160,739,682美元 [9] - 2025年12月12日，德意志银行将其目标价从400美元上调至430美元并维持买入评级，称其第四财季业绩增长令人印象深刻 [9] - 同日，公司警告利润率较低的定制AI芯片销售增长将降低盈利能力，导致股价下跌超11%，尽管其有730亿美元订单将在未来18个月内交付 [10] - 公司股价年内迄今上涨超46.72%，2026年将推出新的定制AI芯片，并获得了Anthropic公司价值110亿美元的AI芯片订单 [11] - 博通是全球领先的半导体企业，并已扩展至基础设施软件领域 [12] ASML控股公司 - ASML平均5年营收增长率为20.32%，有82家对冲基金持有，费舍尔资产管理公司持仓价值为4,213,705,207美元 [13] - 2025年12月16日，Cantor Fitzgerald将其目标价从1150欧元上调至1300欧元并维持超配评级，认为AI早期部署正驱动半导体等技术需求 [13] - 金融时报报道，中国半导体生产商正在改造老旧的ASML深紫外光刻设备以提升先进智能手机和AI芯片产量，因出口限制无法获得其最新设备 [14][15] - 2024年，ASML来自中国的营收增长至102亿欧元，占总销售额的36%，但公司预计2025年中国收入将大幅下降 [17] - ASML是半导体光刻系统市场的领导者 [17] Intuit公司 - Intuit平均5年营收增长率为20.42%，有96家对冲基金持有，费舍尔资产管理公司持仓价值为1,725,651,195美元 [18] - 2025年12月18日，公司与Circle Internet Group达成多年协议，将在其平台整合稳定币功能，以提供更快、更便宜、更安全的国际资金转账 [19][20] - 2025年11月21日，BMO Capital将其目标价从870美元下调至810美元并维持跑赢大盘评级，公司2026财年开局业绩稳健 [21] - Intuit为中小型企业提供会计软件QuickBooks和在线营销平台Mailchimp [22]

Looking into the current session, Intel Inc. (NASDAQ:INTC) shares are trading at $36.03, after a 0.88% decrease. Over the past month, the stock fell by 10.85%, but over the past year, it actually went up by 78.13%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. How Does Intel P/E Compare to Other Companies?The P/E ratio is used by long-term shareholders to assess the company's ...

You’d think the generation that bought homes for $60,000 and graduated college debt-free would be coasting into retirement. But according to YouTuber Austin Williams, that couldn’t be further from the truth. In his video “The Real Reason Boomers Are Retiring Broke,” he explains how decades of bad timing, market crashes and disappearing pensions left millions of boomers unprepared for retirement and still working well past 65. The Generation That Had It All, On Paper Baby boomers grew up in an era of ch ...

Hillman’s stock has been volatile, but its operating results tell a very different story, and one fund has clearly noticed.On November 14, North Carolina-based Anchor Capital Management Company reported buying 717,772 shares of Hillman Solutions (HLMN +0.22%), an estimated $8.0 million position increase, per SEC filings.What HappenedAnchor Capital Management Company disclosed a significant increase in its stake in Hillman Solutions (HLMN +0.22%), according to a Form 13F filed with the U.S. Securities and Ex ...

Warren Buffett is stepping down as CEO of Berkshire Hathaway at the end of 2025.As the end of 2025 draws near, the investment community is getting ready to bid farewell to Warren Buffett. For nearly 60 years, the Oracle of Omaha helped turn Berkshire Hathaway into one of the most well-respected investment firms in history.But beginning in 2026, longtime Buffett steward Greg Abel is taking over as CEO. With Buffett's days at the helm nearing an end, investors are naturally poring over some of Berkshire's not ...

When a diversified industrial quietly posts record orders, margin expansion, and raises guidance, aggressive portfolio concentration starts to look a lot more intentional.North Carolina-based Anchor Capital Management Company reported a buy of Standex International Corporation (SXI 0.26%), adding 29,998 shares for a net position increase of $10.15 million, according to an SEC filing on November 14.What HappenedAccording to an SEC filing dated November 14, Anchor Capital Management Company increased its posi ...

It has been a bleak year for retailers. A number of major chains have closed their doors forever, and other retailers, including Kohl's, JCPenney, and Macy's, have trimmed their store portfolios in meaningful ways. The final numbers are not in for the year, but predictions have been bleak. "Following a raft of store closures in 2024, retail advisory firm Coresight Researchpredicts that closures will escalate further this year, to approximately 15,000. Store openings are expected to remain steady at appr ...

"Directly held" means the asset is not in a retirement account. The value of bonds in this table looks much higher than the other categories, especially given that only a tiny fraction of 55-64-year-olds owns directly held corporate or municipal bonds. This small group either holds numerous bonds, bonds with high values, or both. Also, survey respondents self-report values, and could have reported face values of bonds that they found on account statements, rather than market values, which may have been lowe ...

Key Points New York City-based SIR Capital Management sold all 377,585 shares of Chord Energy in the third quarter. The shares were worth an estimated $36.57 million. The position was previously 3.26% of the fund's AUM as of the prior quarter. These 10 stocks could mint the next wave of millionaires › As of September 30, New York City-based SIR Capital Management reported in an SEC filing that it sold its entire position in Chord Energy Corporation (CHRD), representing a $36.57 million reduction. ...