Mickey Kim: Buffett’s letter on earning true riches an instant Thanksgiving classic
Thankfulness doesn’t ignore hardship; it helps us see what’s still good and builds the resilience to keep going.
Thankfulness doesn’t ignore hardship; it helps us see what’s still good and builds the resilience to keep going.
How do we figure out what truly adds value to our lives versus what just feeds the status beast?
Time and time again, investors pour money into equities after strong rallies and bail during downturns.
America’s 401(k) system controls over $12 trillion in retirement assets, the single largest reservoir of investable long-term money on the planet.
This distinction isn’t just marketing. It’s a legal lifeline.
Some people hate roller coasters.
Moody’s, S&P Global Ratings and Fitch Ratings are the three primary credit rating agencies for corporate and government borrowers. Moody’s was actually the last CRA to strip the United States of its highest credit rating.
Says former Gov. Mitch Daniels: “If [tariffs are] the way of getting the attention of trading partners, … then I can understand it. All I can say is, if that’s the game, then it better work fast.”
According to economic theory, when trading partners are free to produce the goods each does best, both partners benefit.
With the “honeymoon” over—in that the S&P 500 has surrendered all of its post-election gains—some historical perspective might help you survive the storm.
Financial markets have always been and will always be subject to bubble thinking.
Heeding “expert” predictions can be extremely dangerous and costly; such predictions should be considered “for entertainment purposes only.”
We do know there are many ways to invest/speculate in Bitcoin, including an illogical one.
In difficult times, the hardest thing for long-term investors to do is to do nothing.
Candidates love to hand out “goodies” like tax reductions and tinker with the economy to curry favor with voters.
As the partisan storm increases in intensity, you might be tempted to make changes to your portfolio because of how you believe a short-term event like an election will impact the financial markets.
This initiative is meant to reaffirm McDonald’s commitment to value, a foundational element of its brand identity.
According to The Wall Street Journal, the latter category was almost nonexistent four years ago (before the SEC’s new rules) but has exploded in popularity, taking in $31 billion of new investor money over the past 12 months and bringing total assets to $120 billion.
The challenge is determining an “appropriate,” or responsible, level of debt or leverage.
In a famous exchange from Ernest Hemingway’s “The Sun Also Rises,” one friend asks, “How did you go bankrupt?” To which the friend replies, “Two ways. Gradually and then suddenly.”