Warren Buffett


Morning Market Report

The highlights and lowlights of this morning’s sharemarket activity.

Just Group’s new director uneasy about Lew

The Just Group’s newly appointed managing director, Jason Murray, made some interesting comments to the AFR recently. Murray was unhappy with the presence of billionaire rag trader Solly Lew’s percent on the share register, with a 21 percent stake, noting that it was “hindering” the company’s share price.

Company boards should consider shareholders when making decisions

The Australian Financial Review’s editorial last Saturday castigated public company boards for failing to act in the best interests of shareholders. But they picked on the wrong companies, writes Adam Schwab.

Another global depression? Not likely, it’s not the 1930s

Ten years after the Asian financial tail-spin and almost 20 since the Wall Street panic that reversed the 1985 Plaza Accord, central bankers are running up warning flags about the fragility of their global system.