
The Education Bureau further explained that the intent of the political screening process is to ensure that graduates have a proper understanding of the Basic Law and related constitutional principles, as well as to uphold the values of a democratic society. The Bureau stressed that political screening should focus on students' knowledge and awareness of civic responsibilities, rather than delving into their family history or personal background.Warren Buffett , renowned for his “buy-and-hold” investment philosophy, rarely sells stocks, making his decision to divest significant stakes a noteworthy event. Known as the “Sage of Omaha,” Buffett prefers to hold positions indefinitely, only selling when he believes a company's competitive advantage has eroded. His approach to investing is built on patience and confidence in a business's long-term fundamentals. "We're more reluctant to sell them than most people," Buffett explained during Berkshire Hathaway's 2009 annual meeting. "If we made the right decision going in, we like to ride that a very long time, and we've owned some stocks for decades. But if the competitive advantage disappears, if we really lose faith in the management, if we were wrong in the original analysis — and that happens — we sell," Buffett added. Also Read: Warren Buffett's Timeless Advice For Investing $10,000: ‘If You're Gonna Do Dumb Things Because Your Your Stock Goes Down, You Shouldn’t Own A Stock At All’ Buffett's strategy was evident in his historic investment in newspapers during the 1970s. Back then, he viewed publications like the Omaha World-Herald and Buffalo News as indomitable franchises. However, the industry faced severe challenges in the early 2000s, as digital platforms eroded advertising revenues. Recognizing these structural changes, Buffett eventually sold his portfolio of around 30 newspapers in early 2020, signaling his belief that their competitive edge had vanished. This rare shift in Buffett's portfolio management reflects his disciplined approach to identifying and responding to fundamental changes in industries. His actions underscore the importance of evaluating long-term competitive advantages, even for businesses previously considered untouchable. Read Next Warren Buffett’s Stock Market Advice: Ignore Neighbor’s Whispers On Stock Tips, Focus On Long-Term Value This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Column: How to solve Americans’ crisis of belief
Industry analysts and gaming enthusiasts are already buzzing with theories and predictions about what Xbox might have up its sleeve. From long-awaited sequels to brand-new IPs, the possibilities seem endless for the console's upcoming lineup. With the recent acquisition of several high-profile studios and the success of recent releases like "Halo Infinite," Xbox has been building momentum and positioning itself as a powerhouse in the gaming industry."We are thrilled to partner with Dolby to bring our audiences the ultimate movie-watching experience," said Mr. Lee, the CEO of Golden Emperor Cinemas. "With Dolby Vision and Dolby Atmos, we are dedicated to providing our patrons with top-tier audiovisual quality that will enhance their enjoyment of films and leave them with unforgettable memories. We are confident that this partnership will set a new standard for cinema viewing in our region."