Financial News
Market Capitalization
These stocks have a relatively low market cap (less than $2 billion). Analysts won't debate that small-cap stocks have outperformed large-cap stocks over time. However, that requires you to have the patience to hold onto these stocks during times of volatility. They...
Invest in Municipal Bonds
Governments need money to fund their obligations, such as maintaining safe roadways for citizens. They raise this money in part by selling securities. Municipal bonds, or “Munis.” The advantage for you? Assuming you hold the bond until maturity, you don’t have to pay...
The Most Expensive Golf CoursesToPlay 18 Holes
Golf is an expensive sport and you may need to shell out a few bucks to play a round at your local course. There are many golf courses around the world with fees that can go up into the hundreds. While this may seem outrageous, these golf courses charge a lot of money...
Warren Buffett’s Crystal Ball: Crypto, Table Tennis, and Beyond – 12 Forecasts and Their Real-Life Outcomes
Warren Buffett has made predictions about crypto, table tennis, and even his own death. Here are 12 forecasts and how they've turned out. Warren Buffett avoids making predictions as he believes the future is too uncertain. Yet he has given his best guesses about...
How Well Did Steve Jobs $10 Billion “Tax Free” Estate Plan Survive the Decade?
The test of any wealth transfer program is how long it survives contact with reality. The Apple founder’s influence is fading fast now. It’s a cautionary tale.Steve Jobs has been dead since 2011 but we still talk about him. He changed Silicon Valley, the market and...
Quant-investing pioneer Jim Simons predicts Warren Buffett’s old-school approach will stay relevant
Jim Simons discussed hiring, quantitative and fundamental investing, and the principles he lives by. The RenTech founder predicted Warren Buffett's traditional investing style wouldn't become obsolete. Jim Simons discussed why his hedge fund employs scientists instead...
How the Best Investors Approach Their Mistakes
It’s in how you evaluate the lesson, not the outcome. As leaders, how do we know when we’ve made a mistake? Is it as simple as evaluating whether the outcome was good or bad? In this episode of All Else Equal: Making Better Decisions, hosts and finance professors...
P&G Bought Gillette 18 Years Ago. It’s Still Paying the Price.
Procter & Gamble said it was booking a $1.3 billion charge on its Gillette business, adjusting the value of a shaving giant that it took over nearly two decades ago. P&G bought Gillette for stock initially valued at $54 billion in 2005, making it a dominant...
Are Mutual Fund Managers Skilled, Or Just Lucky?
Research says top managers are good at what they do, yet most investors can’t benefit from it. In 1973, Princeton economist Burton Gordon Malkiel famously pointed out that a blindfolded money manager throwing darts at a newspaper’s financial pages could select a...
Here are the 7 biggest investing mistakes you want to avoid
Here are the common mistakes that the average investor makes with their money.It’s no secret that the pandemic brought a wave of new investors eager to give a shot at playing the market. In fact, a Charles Schwab study found that 15% of all current U.S. stock market...
4 Common Investment Biases You Should Avoid
As individuals, we all have certain biases and beliefs. They stem from different sources and profoundly impact how we think and go about doing things in our daily lives, including investments. While some notions, such as discipline and patience, help in the investing...
Bezos Outfoxes Washington
Amazon’s Jeff Bezos outfoxes Washington — the billionaire saved over $600 million in taxes by moving from Seattle to Miami. Here’s 3 ways you can sidestep the taxmanJeff Bezos made a masterful money move when he left his long-time digs in Seattle for a pad in Miami’s...
13 Biggest Mistakes Even ExperiencedInvestors Make
Nobody gets investing right all the time. Even successful investors and experienced traders have to shake off common mistakes every now and then. Because it’s next to impossible to avoid mistakes completely, successful practitioners learn from their missteps in order...