Warren Buffett, the iconic investor with a personal net worth of $84 billion, is a charitably social individual. For the last two decades, Buffett has entertained business lunches with strangers for the sake of worthy charities. The 20th annual “Power Lunch With Warren Buffett” just went to an anonymous bidder for $4,567,888. The charity lunch […]
The U.S. Federal Reserve released recently its second report on vulnerabilities to the U.S. financial system, citing rising levels of risky corporate debt one of its top concerns. The report identified several risks that could lead to financial instability. While the current, slow expansion is nearing an all-time record, a number of touchy factors could […]
Global levels of wealth inequality are higher than ever. Wealth has been concentrated among elite individuals and dynastic families by widely disproportionate levels for decades. Nevertheless, according to Gabriel Zucman, a University of California economics professor, socioeconomic data analyst, and expert on wealth inequality, the problem hasn’t been this bad for over a century. In […]
After Disney rolled out its digital streaming package, called Disney+, many investors started sounding the alarm bells for Netflix, the streaming pioneer and still reigning king of the hill. Once Disney announced the particulars for its new service, Netflix shares were off approximately 5% while Disney stock increased more than 10%. Netflix enjoyed a period […]
For much of the past decade income-oriented investors were lucky to get 1% on their money. Bank savings account paid almost nothing and CDs were barely any better. Yet with the recovery the Federal Reserve has increased interest rates steadily. Income now have more options available for higher yields. Here are five ways to generate […]
Tesla, the self-appointed visionary for the future of electric vehicles (EVs), has not been having a great year. Recent PR blunders and financial setbacks have taken the shine off the futuristic brand. CEO Elon Musk’s business leadership skills were put in the spotlight in a series of ill-advised and eccentric publicity stunts. Tesla stock fell by […]
While the S&P 500 has fully recovered from last October’s selloff and has reached record highs, its smaller counterpart, the Russell 2000 small cap index, remains almost 9% below its zenith from last August. Due to several factors, small caps may be poised to break out of their slump and recover lost ground. Here are […]
Jeffrey Sonnenfeld, a dean at the Yale School of Management, has come down heavily on the flamboyant Tesla CEO Elon Musk, holding him directly responsible for the electric car maker’s first-quarter loss. Terming the loss as “catastrophic,” Sonnenfeld exhorted Tesla’s board to hold Musk responsible. The carmaker missed Wall Street estimates by four times over […]
Chris Hughes, who co-founded Facebook in 2004 along with Mark Zuckerberg, now says that Facebook is becoming a powerful monopoly with no accountability that must be broken up by the government. Hughes expressed his views in an opinion piece for the New York Times. Hughes left the company to work in the 2008 presidential campaign for […]
In response to anticipated earnings announcements, the price of Apple’s stock has moved precipitously in either direction since last October. For those interested in purchasing the stock, a few observations may prove helpful in making an informed investment decision. Here is an easy way to predict the stock price of Apple, based on investment analysis […]
