mutual funds The fund trailed the S&P by a wide margin, but over the long haul Primecap’s managers have not disappointed shareholders. The managers at Primecap Oydssey Growth (POGRX) like to focus on what they do best – pick stocks – and they typically don’t talk to reporters. So once a year, when the fund’s… Continue reading Primecap Odyssey Growth Has a Rough Year | Kiplinger
5 Stocks to Own for Decades | Kiplinger
In 2008, two investment managers crunched more than 20 years of market data and produced findings that can only be called shocking. Eric Crittenden and Cole Wilcox found that most stocks did significantly worse than the overall market averages over time, and an unexpectedly large number fell dramatically. These losses were offset by a few… Continue reading 5 Stocks to Own for Decades | Kiplinger
Netflix soars 10% after Bill Ackman reveals a $1.1 billion bet on the streaming giant
Netflix stock soared 10% on Thursday after Bill Ackman revealed a $1.1 billion bet on the streaming giant.His Pershing Square hedge fund purchased 3.1 million shares after a post-earnings decline.”We have greatly admired Netflix both as consumers and as investors, but have never previously owned a stake in the company,” Ackman said.Sign up here for… Continue reading Netflix soars 10% after Bill Ackman reveals a $1.1 billion bet on the streaming giant
Goldman Sachs president John Waldron reportedly criticized Fed credibility and slammed its performance as an independent policymaker
Goldman Sachs president John Waldron criticized the Fed’s credibility to rein in inflation, Bloomberg reported. Waldron questioned its ability to act as an “independent, monetary policy engine.” “They have a chance here to do that, but I am a little worried about whether they’ll stand up and do it,” he said. Sign up here for… Continue reading Goldman Sachs president John Waldron reportedly criticized Fed credibility and slammed its performance as an independent policymaker
Bill Ackman plowed more than $1 billion into Netflix stock in 4 days. The investor has pounced on several beaten-down stocks during the pandemic.
Bill Ackman’s Pershing Square built a billion-dollar Netflix stake in four trading days. The investor’s hedge fund pounced on Domino’s Pizza stock in a similar fashion last year. Ackman has acted quickly during the pandemic, buying and selling stocks and hedges. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bill… Continue reading Bill Ackman plowed more than $1 billion into Netflix stock in 4 days. The investor has pounced on several beaten-down stocks during the pandemic.
Mark Cuban learned his crypto investing lesson the hard way after losing $200,000 on a little-known token
Billionaire Mark Cuban told The New York Times he learned a hard lesson about crypto in June. “I should have done more homework” on the little-known DeFi token before investing, he said. Cuban also revealed he lost $200,000 on the investment after whales cashed out and spurred panic selling. Sign up here for our daily… Continue reading Mark Cuban learned his crypto investing lesson the hard way after losing $200,000 on a little-known token
Eight Great Ideas to Make and Save Money in 2022
By now, many people already have let some 2022 resolutions slip, but any time is the right time to start making and saving more money – not just for this year, but well into the future. We talked to Philip Herzberg, a lead financial adviser at Team Hewins, who offered some great personal finance strategies… Continue reading Eight Great Ideas to Make and Save Money in 2022
The World’s Most Valuable Food, Beverage and Dairy Brands
The food and drink sector, especially soft drinks, took its share of the beating from Covid-19, but Coca-Cola still reigns as the most valuable soft drink brand. That’s according to a report by Brand Finance, a business valuation and strategy consultancy, that calculates the value of brands, which can often be among a company’s most valuable… Continue reading The World’s Most Valuable Food, Beverage and Dairy Brands