Thousands of words have been dedicated to explaining Warren Buffett's investment strategy over the years, both by the legendary investor himself and others. All of that, however, can be boiled down to one advice: buy quality businesses at reasonable prices.
WILMINGTON, N.C., Sept. 19, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares announced the appointment of Yousef A. Valine to its board of directors effective September 15, 2022. Valine has also been appointed to the board of directors of Live Oak Bank.“We are very pleased to welcome Yousef to our board of directors,” said Live Oak Bancshares Chairman and CEO James S. (Chip) Mahan III. “He brings exceptional perspective and depth of experience in financial services and will be a valuable addition as
This year has been a difficult market for Wall Street, with high inflation and rising interest rates as the main culprits. One beaten-down company worth your consideration is Live Oak Bancshares (NASDAQ: LOB). Since peaking at nearly $100 per share last November, Live Oak's stock is down 65% and is priced at a cheap valuation that is hard to ignore.