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All the effort to pick stocks, to follow them closely day after day, to watch breathlessly as they go up (and mostly down), and to weigh strategies can tear oneââ¬â¢s insides out ââ¬â especially at times like this ââ¬â and often lead to major disappointments. Why bother when Warren Buffett can do it for you, and win all or most of the time. His holding company, Berkshire Hathaway, just posted a 33% surge in net income for the second quarter. And, when the Dow dropped 285 points, Bershire shares lost .00001% of their value.
Read →A few stocks to short to soften the blow of the next few weeks
Read →Investment Pornography -- Fast Money
If pornography is all about titillation and arousal, it is not surprising that rate- and ad-hungry cable TV business shows now mimic the sex market. The concept “investment pornography” has been around for a long time, but it... Read →One of Boston's nicest residential addresses will soon be for sale. If you have $15 million plus you should consider it.
Read →Bekow is a list of the 10 keys to the success of the New England Patriots. There are many lessons for operating a company in watching the Pats manage their team.
Read →With all the failures in grocery delivery, it is strange, indeed, to see Amazon putting its toe into this arena. But that is exactly what Amazon is doing. They have begun, without fanfare, to deliver fresh groceries in the Seattle area. For any other company, one would just say they probably have lost their sense of direction. But, Amazon is another case entirely.
Read →Someone, please answer this question! Why do the masses still stash their money in low rate savings accounts from the big banks like BofA, Citibank, and Chase? There is a big difference between their rates and the market leaders.
Read →As all of the money center banks and investment banks have their stocks fall off of a cliff, General Electric's stock is sticking to a 5 year high. This doesn't make any sense to me.
Read →It sure didn't take long! All those warnings have come true, and all those promises from Apple.... All I got was "Hello World," not much but the beginning of much more, I am sure.
Read →Carry Trades are little known by the general public but are trillion dollar positions taken by some of the largest investment banks and hedge funds. Conditions that have favored Carry Trades are reversing and if they unravel badly, watch out.
Read →First part of a speech Warren Buffett gave to MBA students at the University of Florida. He discusses what he thinks are the important qualities of successful people.
Read →Playing to his republican base, Giuliani plans to propose tax breaks for those who buy coverage on their own. His expectations are that his plan would more than double the number of people buying their own healthcare coverage.
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