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Stories 1 - 20 |
Investment Book Fizzled in '91.
Today, It's a Cult Classic
May 20, 2023 8:31 AM CDT
Investment Book Fizzled in '91. Today, It's a Cult Classic
Copies of hedge fund manager Seth Klarman's 'Margin of Safety' sell for thousands
- The relatively few people who shelled out $25 for a copy of Seth Klarman's investment book
Margin of Safety
in 1991 were actually making a wise investment at the time—they just didn't know it. As the
Wall Street Journal
reports, the book flopped, with only 5,000...
This Year, a Tried-and True
Investment Strategy Backfires
Sep 26, 2022 11:05 AM CDT
This Year, a Tried-and True Investment Strategy Backfires
'Buy the dip' doesn't work if the market keeps dipping
- The stock market had another brutal week last week, and investors who decided to "buy the dip" in anticipation of a rebound might have been regretting it early Monday. The market began the new week in the red once again, reports CNBC . Such regret has been common in 2022,...
Pioneer of Low-Cost Investing
for the Masses Dies at 89
Jan 17, 2019 12:11 AM CST
Pioneer of Low-Cost Investing for the Masses Dies at 89
John Bogle 'had unwavering passion for America'
- John C. Bogle, who simplified investing for the masses by launching the first index mutual fund and founded Vanguard Group, died Wednesday, the company said. He was 89. Bogle did not invent the index fund, but he expanded access to no-frills, low-cost investing in 1976 when Vanguard introduced the first...
Slim Shady's Fans May Soon Be
Able to Fatten Their Wallets
Sep 27, 2017 11:50 AM CDT
Slim Shady's Fans May Soon Be Able to Fatten Their Wallets
Company plans on offering unique investment opportunity
- Between 1999 and 2013, Eminem released some of his most famous work, including 1999's
The Slim Shady LP
The Marshall Mathers LP
, and 2002's
The Eminem Show
. Now a new company has formed to nab the royalties income stream from his songs from that period, and...
NYC Teen Who 'Made'
$72M Investing: I Lied
Dec 16, 2014 7:45 AM CST
NYC Teen Who 'Made' $72M Investing: I Lied
Mohammed Islam, 17, made it all up, and 'New York' magazine bought it
- A New York City high school senior grabbed plenty of headlines yesterday after being named one of
magazine's "Reasons We Love New York." What was so loveable and New York-y about Mohammed Islam? As the headline of reporter Jessica Pressler's piece proclaimed, "Because...
It's Time to Cash In
on Climate Change
Feb 24, 2014 1:34 PM CST
It's Time to Cash In on Climate Change
Someone has to lose; it might as well be those in denial, Barry Ritholtz argues
- How should you react to the looming threat of climate change? By whipping out your checkbook and investing, Barry Ritholtz at Bloomberg argues. "Change and confusion equals opportunity," he argues, and there are already a host of innovative companies preparing for the crisis. He recommends McKenzie Funk's...
Hey, Buddy, Wanna Buy
Stock in a Football Player?
Oct 23, 2013 1:15 PM CDT
Hey, Buddy, Wanna Buy Stock in a Football Player?
We're back in an era of crazy investments: Kevin Roose
- Hang on to your wallets, folks, because "the age of bull---- investments is back," declares Kevin Roose at
. The collapse of 2008 put a damper on things, but today the financial world is filled with crazy schemes and iffy start-ups designed to separate suckers from their...
to 'Poison Pill'
Nov 5, 2012 10:21 AM CST
Eying Icahn Takeover, Netflix Turns to 'Poison Pill'
Company seeks to dilute share values after investor picks up 10%
- Following billionaire investor Carl Icahn's purchase of a 10% stake in Netflix , word is out that he may push the company to sell—so Netflix has opted for the "poison pill" approach. The company is giving shareholders the right to snap up more stock if any single shareholder...
Carl Icahn Buys
10% Stake in Netflix
Oct 31, 2012 4:42 PM CDT
Carl Icahn Buys 10% Stake in Netflix
He thinks it's undervalued; move sends shares soaring
- Netflix is having a busy week, and not only because storm-bound viewers streamed lots of movies . News broke today that billionaire financier Carl Icahn has bought a 10% stake in the company because he thinks it's undervalued, reports MarketWatch . Shares immediately surged 20%, prompting a temporary halt in trading,...
Al Gore Made
How Much in
Oct 11, 2012 4:37 PM CDT
Al Gore Made How Much in Green Tech?!
Assets have gone from $2M to $100M since 2001: Washington Post
- Al Gore may well be the loudest voice on the subject of climate change, and he has been handsomely rewarded for his efforts. A lengthy
profile today has this nugget:
"Just before leaving public office in 2001, Gore reported assets of less than $2 million; today, his
Facebook Stock Falls Again,
Still Not Far Enough
Jun 5, 2012 4:33 PM CDT
Facebook Stock Falls Again, Still Not Far Enough
It will be a good buy at $20, says one analyst
- Facebook's stock keeps setting milestones of the wrong kind, today closing below $26 at $25.87, notes CNNMoney . Which means the stock is now down 32% since the May 18 IPO. Time to buy? Not even close, one tech-sector expert tells MarketWatch . "Facebook at $20 is worth a...
Trade at ... $13.80
May 25, 2012 12:44 PM CDT
Trade at ... $13.80
MarketWatch columnist has bad news for investors
- Facebook shares are trading well south of the $38 IPO price, prompting Mark Hulbert of MarketWatch to wonder what the true price should be. Facebook investors might want to shield their eyes from his answer: $13.80. He derives the figure in part with the help of a new study...
Facebook Investors Are
'Wall Street Suckers'
May 24, 2012 1:57 PM CDT
Facebook Investors Are 'Wall Street Suckers'
People ignored obvious problems: David Weidner
- If you happen to be among those Facebook investors cursing the IPO's rough start, David Weidner at the
Wall Street Journal
has a little salt for your wound: You're probably an "old-fashioned Wall Street sucker," he writes. After all, the signs of "shifty business" were...
You Should Buy Apple Stock
Feb 16, 2012 10:37 AM CST
You Should Buy Apple Stock
Farhad Manjoo thinks Apple still has nowhere to go but up
- You might think that with its stock north of $500 a share, after rising 30% in six months, that Apple has peaked financially. But you'd be wrong, writes Farhad Manjoo of Slate . Apple's price-earnings ratio is still a humble 14—cheaper even than Google, Amazon, and even beleaguered...
Nervous Investors Scoop Up
All the Gold They Can
Apr 22, 2011 1:00 PM CDT
Nervous Investors Scoop Up All the Gold They Can
It's at a record high, with no sign of slowing down
- Gold prices will not set another record high today in the US—but only because the markets are closed for Good Friday. That seems to be the only way to cool off the commodity, which rose nearly $5 an ounce yesterday to close at a record $1,503.20, notes...
Buffett: Beware 'Overpriced'
Social Networking Sites
Mar 25, 2011 3:37 PM CDT
Buffett: Beware 'Overpriced' Social Networking Sites
Oracle of Omaha will stick to his usual investments, thank you
- Warren Buffett says he's just itching to make another big deal for his beloved Berkshire Hathaway, but you won't catch him frothing over the slew of initial public offerings expected in the tech world, reports Bloomberg . “Most of them will be overpriced,” said Buffett. "It’s extremely...
Mar 21, 2011 12:30 PM CDT
Buffett: Japan Presents 'Buying Opportunity'
Country's 'economic future' unchanged, says investing guru
- There’s no need to panic about Japanese markets post-earthquake, says Warren Buffett: Such cataclysmic events often create a “buying opportunity,” he tells Reuters from South Korea. “It will take some time to rebuild,” but the market plunge “will not change the economic future of...
It's a Good Time to Get
Back in Stock Market
Sep 24, 2010 4:15 PM CDT
It's a Good Time to Get Back in Stock Market
Steven Pearlstein: Get in while lots of people are still out
- Bullish advice today from
economic columnist Steven Pearlstein: Get back in the stock market, specifically in "shares of large, solid dividend-paying companies." His "gut" tells him the market's pretty much done bottoming out. Why be optimistic? Because "so many other people are so pessimistic....
Buffett Bets on
Mar 10, 2010 10:19 AM CST
Buffett Bets on Baby Boomers Drinking Wine
Berkshire subsidiary pays top dollar for distributor
- Warren Buffett, who watchers had expected to buy a beer distributor, made a recent bet on wine instead, reports Business Insider, in a move that reflects the drinking habits of aging baby boomers. A subsidiary of Buffett’s Berkshire Hathaway has a deal in place to buy Empire Distributing, a...
Feb 20, 2010 1:13 PM CST
Here's What a Wedding
That $2,000 dress may actually cost you $20,000
- The cost of a typical wedding fell to $17,500 last year, down 8% from 2008 thanks to the recession. But that's not even the half of it, writes Brett Arends. If couples did the math, they'd "probably get married in flip-flops," he says. "Your $18,000...
Stories 1 - 20 |
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