Thursday 20 August 2009

Onde estão a investir os mestres das bolsas?


Onde estão a investir os mestres das bolsas? Make a visit to the Knowledge to Action Seminar(for FOREX traders). One thing for certain is ebala. Sweat heart Maier, from Bored Housewives… That this was she I am sure about. The face of lecturer was that Serioja the her husband. Only in this portfolio his name are Jacques Loggenberg.

Glitch Hits Sberbank Moscow Offices. 21 July 2009The Moscow Times. Sberbank experienced a major failure of its computer network Monday morning that paralyzed about a third of the bank’s Moscow offices for nearly four hours. The bank’s headquarters received a dozen error messages from branches before realizing the extent of the problem. The malfunction was cause by a software switch made over the weekend, Sberbank said. A third of the lender’s Moscow branches were unable to register pension transactions or other domestic payments. At around 10 a.m., clients started to leave, RIA-Novosti reported, citing a manager at one of Sberbank’s offices. Sberbank then had to suspend work at its roughly 700 offices in the capital to reboot the network with the older software Sberbank spokeswoman Irina Kibina said.

Viktor, complimentary Tickets to Ultimate Forex Traders Secrets Seminar: From: Totaljobs (Totaljobs@newsletter.totaljobsmail.co.uk) Sent: 04 August 2009 12:41:14 To: glugovskyviktor@hotmail.com In finance, leverage or leveraging refers to the use of debt to supplement investment.[1] Companies usually leverage to increase returns to stock, as this practice can maximize gains (and losses). The easy but high-risk increases in stock prices due to leveraging at US banks has been blamed for the unusually high rate of pay for top executives during the recent banking crisis, since gains in stock are often rewarded regardless of method.[2] Delevering is the action of reducing borrowings.[1] In macroeconomics, a key measure of leverage is the debt to GDP ratio.

But let’s see same thing in different way:

First variant:I bought the house by 100 000;

In 2 years time price of house up to 200 000;

Profit for me – 100 000 or 100%;

Second variant: My money was 10 000. I speak with mortgage people (Bankers) and obtain 90 000. At the end pay back 200 000; From this minus 10 000+90 000 = 100 000 (My profit now is 1 000%).

Both cases mean leverage.

Prosecutors raid Porsche offices Published: 2009/08/20 16:53:27 GMT. The offices of German luxury carmaker Porsche have been raided by federal prosecutors probing the alleged market manipulation of Volkswagen shares. The investigation centres on former chief executive Wendelin Wiedeking and finance chief Holger Haerter, both of whom resigned last month. The carmaker had built up a stake of 51% in VW in an attempt to launch a takeover of Europe's biggest carmaker. Porsche denied the accusations and said it would co-operate with prosecutors. The two carmakers have subsequently agreed to a merger, ending months of bitter feuding, which will take place in 2011. Failed takeover. "On Thursday morning, officers from Stuttgart prosecutors entered the company's offices with search warrants. "The prosecutors suspect a breach of public disclosure requirements and market manipulation," Porsche said. Under Mr Wiedeking, Porsche built up a majority stake in the much larger VW, but failed in its attempt to force a full takeover. Porsche made huge profits on its VW shares, leading some commentators to describe the firm as a hedge fund with a carmaker tacked on the side. In fact, the share price rises contributed 6.84bn euros to the company's pre-tax profit of 7.34bn euros in the first three months of this year. However, the onset of the global economic crisis put paid to the company's attempts to push its shareholding in VW to 75%. As a result of its failed takeover, Porsche was saddled with huge debts. Family ties. In order to shore up its finances, the carmaker announced last week that the state of Qatar would take a major stake in the company. Qatar will eventually become the carmaker's third biggest shareholder, behind the Porsche and Piech families and the German state of Lower Saxony. Under the terms of the merger with VW finally agreed last week, VW will initially buy a 42% stake in Porsche by the end of this year for 3.3bn euros ($4.7bn; £2.8bn). The deal means that Porsche will now in effect become the 10th brand in the VW family, joining the likes of Audi, Seat and Skoda.

Onde estão a investir os mestres das bolsas? 20/08/09 13:10. Buffett e Paulson têm estilos diferentes, mas têm em comum o dom para bater os mercados. Dois mestres. Duas opções de investimento diferentes. Warren Buffett, um dos melhores investidores de sempre, e John Paulson, que ganhou notoriedade ao ter sido um dos gestores que mais ganhou com a crise do ‘subprime', mostraram contas ao mercado. Nos relatórios enviados ao regulador norte-americano, os dois investidores revelaram as apostas que fizeram no segundo trimestre. E optaram por caminhos bastante diferentes. O Oráculo de Omaha abrandou o investimento em acções, aplicando 350 milhões de dólares nesta classe de activos. Há cinco anos que Buffett não investia tão pouco em acções. "Alguns dos sítios normais onde ele costuma investir sofreram com a recessão. Assim, ele está à procura de retornos garantidos, saindo da volatilidade das acções para activos com receitas mais seguras", explicou à Bloomberg Gerald Martin, professor que estuda as estratégias de investimento de Buffett. O segundo homem mais rico do mundo preferiu apostar em dívida de empresas estrangeiras, aplicando 11,1 mil milhões de dólares. E a decisão provou, mais uma vez, que Buffet domina os mercados como poucos. A maior parte desse valor foi investido em obrigações ‘high yield', títulos de dívida de companhias com baixa qualidade de crédito, sendo que no segundo trimestre o índice que mede o desempenho desta classe de activos apreciou 23%, mais oito pontos percentuais que o conseguido pelas acções norte-americanas. Passar para as linhas do inimigo Mas não foi apenas Buffett a fazer mudanças à forma como investe. O gestor de ‘hedge funds' John Paulson, que conseguiu ganhos de três dígitos a apostar contra a crise do ‘subprime", mudou de trincheira. Em 2007 e 2008 o gestor saltou para as luzes da ribalta ao conseguir algumas das melhores rendibilidades na indústria de ‘hedge funds', o que o levou a receber um dos maiores salários em Wall Street. Ganhou 2,5 mil milhões de dólares em 2008. A fortuna de Paulson foi feita através da aposta no colapso do mercado de crédito imobiliário norte-americano , recorrendo a ‘credit-default swaps', instrumentos que lucram com o aumento de probabilidade de ‘default' de empresas. Outras das armas utilizadas por Paulson no decurso da crise foi lucrar com a queda do valor das acções de instituições financeiras em apuros, como o Royal Bank of Scotland. Agora, com o sector financeiro a recuperar, Paulson não teve em problemas em apostar forte nas acções do Bank of America (BofA) e do Goldman Sachs. Entre Abril e Junho, os dois títulos dispararam 94% e 34% e a gestora de Paulson tornou-se mesmo na quarta maior accionista do BofA. Apesar das diferenças, há uma perspectiva partilhada por Buffett e Paulson: a preocupação com uma eventual escalada na inflação. O facto do Oráculo de Omaha investir em obrigações fora dos EUAindicia que "Buffett pensa que a inflação nos EUA será pior que em qualquer outro local do mundo", segundo Martin. Já Paulson continuou a aumentar a exposição ao ouro, activo considerado à prova de inflação.

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