Algorithms are cheap, don’t eat much and never get sick. However, as Zillow can attest, they can also kill you.
COVID revealed the fragility of the global supply chain; when it’s broken, it’s all over the headlines. When you can’t get what you want, it’s all you think about.
As the calendar flips to October, investors will face various scary “ghosts and goblins,” including the collapse of one of China’s largest real estate developers (China Evergrande Group), the recurring brinksmanship over raising the debt ceiling to forestall a government default/shutdown, and the Federal Reserve’s removing pandemic-related emergency measures.
ARK Innovation was up a stunning 147.8% in 2020 (versus the S&P 500 total return of 18.4%), which led to Wood’s assets under management surging from less than $10 billion at the end of 2019 to almost $85 billion today.
Speculators might or might not know anything about an asset but buy it on a hunch or because a celebrity is promoting it or because everybody else is buying it and it’s going up without me (“FOMO”).
The nearly total shutdown of an economy and subsequent reopening is a truly unique event without precedent or a playbook.
It’s hard enough to make money in things you think you understand, and it’s critically important to know what you don’t know.
Unlike regular companies, SPACs are “shell companies” with no commercial operations at the time of their IPO.
This was the worst quarterly performance for the UST market in more than 40 years.
Protect yourself by always being skeptical of financial advice, particularly the version posted online.
When the memes stop, the excitement fades and the GameStop mania has run its course, what will be left is the underlying business.
Successful investing is simple but not easy. Patience and discipline are virtues because they aren’t easy, yet they are essential for your success.
Failing to plan for your end of life or incapacity can add unnecessary suffering for your loved ones during an already traumatic time.
Since inception, DonorsChoose has raised over $1 billion from 4.6 million donors and funded 1.8 million projects submitted by 617,260 teachers from 85,043 public schools.
Rich is current income and easily seen in people’s car or house, either live or in their Instagram fairy tale. Wealth is what you don’t see.
The letter “K” is a vertical line with two 45-degree lines slanting from the middle, one upward and one downward, and unfortunately it best describes the paths of the economy and stock market.
The three-day, $2-to-$60 rocket-ship ride for KODK speculators proved to be short-lived.
Your financial future will depend far more on how much you save and invest than on who wins the election.
Much of the time, investors are rational and the stock market is understandable and makes intuitive sense, But when fear or greed takes hold of the steering wheel, anything can happen.
In probabilistic terms, a “thousand-year” flood might be a “tail-end” (i.e. extraordinarily low probability) event, but that doesn’t mean it can’t happen tomorrow.