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As We Close in on the Alibaba IPO, Here's What You Need to Watch For

It isn’t often that a really “hot” initial public stock offering lives up to the pre-deal hype.

But Thursday’s IPO of China e-commerce heavyweight Alibaba Group Holding Ltd. (NYSE-WI: BABA) is shaping up to be everything the most ardent market mavens have been saying.

Alibaba is on track to become the largest U.S. initial public offering ever.

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  • Featured Story

    Rick Rule Explains Falling Gold Prices

    Rule vid4

    The Federal Reserve and other central banks keep printing money. The U.S. stock market is soaring. And gold prices, after a brief recovery, have continued their plunge.

    Are these phenomena connected? We put the question to one of the world's foremost gold experts, Rick Rule, founder and chairman of Sprott Global Resources Investments.

    Listen to his explanation for falling gold prices in the following interview.

    And even as gold prices sink, mining costs have climbed. If gold prices keep falling, miners could take "fairly drastic measures" to remain profitable, according to Rule.

    Check out Rule's analysis in the accompanying video.


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  • Current Berkshire Hathaway Holdings

  • Berkshire Hathaway Holdings Show Buffett Hunting a Big Elephant Warren Buffett's Berkshire Hathaway holdings have undergone some major changes in the third quarter, according to the company's latest 13F filing.

    Not only did Buffett and Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) sell more than $750 million in two American giants, they initiated four new holdings and eliminated three positions entirely. Overall, Berkshire's reported portfolio, which only includes long positions, increased to $75.3 billion for the quarter ended Sept. 30, up from $74.3 billion the previous quarter.

    While some think Buffett is taking profits where he can, others think he is building up a stockpile of cash for a major move.

    "Buffett may be selling the consumer stocks to provide more funds to his deputies while reserving money for a large acquisition," David Kass, a professor at the University of Maryland's Robert H. Smith School of Business, told Bloomberg News.

    "He may be really wanting to keep that aside for his big elephant," said Kass, who is referring to Buffett's quote in a letter to shareholders last year where the 82-year-old investing legend stated, "Our elephant gun has been reloaded, and my trigger finger is itchy."

    Only Buffett and Berkshire's new portfolio managers, Todd Combs and Ted Weschler, truly know why they made their latest moves, and so without further speculation, here they are.

    To continue reading, please click here... Read More...