When a company raises capital to fund its growth by selling stock to the public, part of the bargain is that it incurs obligations to disclose certain information to investors that is reliable.
The Federal Reserve Bank of New York has stated that “misaligned incentives contributed greatly to the financial crisis.”
If the Purdue degree is valuable and leads to a well-paying job, Purdue and the student both benefit. If not, Purdue absorbs some or even all the financial pain.
You can bet if there are narcissistic tendencies locked inside a lucky founder/CEO, fortune, fame and power will set them free.
the FAANGs have become “one-decision stocks”—stocks you should buy, no matter how expensive, and hold forever.
Not only are humans highly emotional and lacking in self-control, they are influenced by all sorts of biases and supposedly irrelevant factors.
A shrinking-but-still-significant population of public companies provides quarterly “guidance” to analysts, which is essentially management’s own estimate of future earnings.
“Salt-of-the-earth” people of modest means can still manage to amass multimillion-dollar estates, through discipline and the miracle of compounded interest.
Both hockey coaches and investors need to accept higher volatility in trying to turn probable losses into possible wins.
There is a “presidential cycle” for stocks, a pattern coinciding with various years of a presidency.
Referring to picking stocks, Warren Buffett famously said, “Price is what you pay; value is what you get.” As it turns out, the same can be said for betting the Derby.
We hope/believe much of this talk is “saber-rattling” and posturing ahead of negotiations that will occur between the United States and China in the coming weeks.
The results under the current “do it yourself” retirement system with investment-based, worker-savings-funded accounts have been disastrous.
Never accept a wager offered by Warren Buffett and don’t sell when he’s buying (or vice versa).
Pundits blamed the correction on fears over rising inflation/interest rates, a more “hawkish” Fed, and the breakdown of a misused option product used to place leveraged bets on market volatility.
No situation illustrates both the benefit of analytics and curse of conventional wisdom than whether to “go for it” on fourth down in football.
Aside from tremendous pure entertainment value, “Breaking Bad” taught important business and investing lessons.
The practice of tipping is ingrained in American culture but is a huge can of worms.
Headlines and talking heads are noise to be ignored.
“Greed,” “envy” and “pride” are three of the seven deadly sins, inflating not only the current bubble in Bitcoin but all the bubbles that came before and will follow.
