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The move has made some wonder if Buffett plans to buy Occidental outright as he did with the Burlington Northern Santa Fe railway corporation, but others believe it could instead be a very smart investment in renewable energies, contends an article in Forbes.
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Lazetta Braxton is a CFP® professional and co-founder and co-CEO of 2050 Wealth Partners. Dorsainvil, CFP®, they are on a mission to provide access to financial planning for “the rest of us.” In his book, The Longevity Economy , Joseph offers insights into how business leaders can better serve the older market. Lazetta Braxton.
Cathy Marcus : 00:01:56 [Cathy Marcus] And I’m very fortunate that it worked out because there’s no plan B there. I like the idea of kind of urban planning. I always say if I hadn’t been a real estate investor, I would’ve loved to have studied more about urban planning. I like placemaking.
What was investing always the career plan? So there’s a, there’s a, a whole planning that goes on in terms of when you launch different funds. I mean, think about the deficits we, we have when it’s pretty much full employment, economy’s still pretty strong. Let, let’s jump right into it.
If climate friendly bond portfolios do not generate competitive returns, there is a risk that not enough capital will be available to fund a low-carbon economy. Fixed income assets, in our view, will continue to be an essential part of the financing mix for decarbonizing the economy. This linkage is essential.
This energy transition is opening many opportunities for investors, from direct investment in solar, wind and other renewable technologies and projects, to broader investments in companies that are proactively readjusting strategies, even acquiring other businesses, to help them adapt more quickly to a low-carbon economy.
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Was the plan when you were going to school in Paris always to go into finance, or were you originally leaning in another direction? Asia is, I have the chance to go back there from time to time, and each time I’m there I found local economies that have been transformed. RITHOLTZ: Yes, I can imagine.
Investors are still trying to swallow 11 rate hikes from a born-again Federal Reserve, as well as increasingly pessimistic news out of the second largest economy on the planet, China. Peter, described Brazil, Russia, India and China as fast-growing economies that he predicted would collectively dominate the global economy by 2050.
But their models just simply don’t allow them to understanding a dynamic changing global, interconnected economy. Was becoming an economist, always the career plan. And it does so across real economy risks, think recession, but also sort of longer term growth. You cannot accurately forecast the economy.
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