Markets

Warren Buffett channeled his inner Santa Claus at a friend’s dinner party. The investor arrived with toys for her children, and feasted on cookies for dessert. While the other guests ate Italian food, Buffett had a hamburger and Coke, then Oreos for dessert. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Warren Buffett ‘walked in like Santa Claus’ to a friend’s dinner party, carrying huge teddy bears for her children

Investors use the Sharpe ratio to see if they’re being rewarded for the risks they take. David Kostin at Goldman Sachs is applying a version of that concept to individual stocks.  He says that approach has historically delivered excess returns without much extra risk. Investing always involves some sort of risk, so the question of… Continue reading GOLDMAN SACHS: Buy these 50 stocks that are trading at steep discounts that make them low-risk and high-reward

Investors pulled a record $41.9 billion from equities last week to engage in tax-loss harvesting, Bank of America said Friday.  Tax-loss harvesting is a strategy to lower investment taxes that involves selling securities at a loss to offset capital gains. BofA said investors in the past week also pulled out $10 billion from bonds. Loading… Continue reading Investors just pulled a record $42 billion from stocks in one week in an attempt to cut their tax bill after grim 2022 losses, BofA says

The Fed blew it on inflation stocks are going to have to suffer as a result.  The central bank has no choice now but to keep hiking until inflation is down, experts have said.   Here are five top voices in markets warning investors not to pin their hopes on a Fed put to save stocks. … Continue reading Here’s why Wall Street is warning the Fed blew it on inflation and won’t save the stock market from crashing

The Fed blew it on inflation stocks are going to have to suffer as a result.  The central bank has no choice now but to keep hiking until inflation is down, experts have said.   Here are five top voices in markets warning investors not to pin their hopes on a Fed put to save stocks. … Continue reading Here’s why Wall Street is warning the Fed blew it on inflation and it won’t save the stock market from crashing

Nishad Singh was FTX’s Director of Engineering and had a 7.8% stake in the crypto exchange. The 27-year-old has been out of the public eye even as other top execs make headlines for their role in FTX’s collapse.  Singh received a $543 million loan from Alameda Research, per bankruptcy filings. Loading Something is loading. Thanks… Continue reading Everything we know about Nishad Singh, the 27-year-old former FTX exec who had an 8% stake in the crypto exchange

Warren Buffett’s daughter-in-law showed the investor her company’s finances as a Christmas gift. Mary Buffett couldn’t think of anything else to give the billionaire businessman. “I put together our music company’s balance sheet to show him that we were making money,” she said. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Warren Buffett’s daughter-in-law was stumped by what to get the investor for Christmas – so she shared her company’s finances with him

Ludomir Wanot, who is financially independent thanks to real estate, gave his top advice for 2023. For starters, avoid flipping properties right now.  He also recommends having cash on hand and looking into seller financing.  Ludomir Wanot started investing in real estate in his early 20s. He and his brother bought a $138,000 fixer-upper in… Continue reading A real estate investor and wholesaler who profited over $500,000 in 2021 shares 4 pieces of investing advice for 2023, including what not to do: ‘Stay away from flipping’