Back in 2010, at the Berkshire Hathaway annual meeting, a shareholder challenged Warren Buffett. Noting that shares of motorcycle maker Harley-Davidson had nearly tripled over the prior year, he asked Buffett why he had chosen to buy the company’s bonds rather than its stock. Buffett’s reply was a [...]
What to make of the First Brands story
Hello Reader, Some news stories are unusual in ways that it’s hard to know what to make of them. Such is the case with the recent collapse of a relatively unknown company called First Brands. On the surface, it might seem like a mundane story. First Brands is an auto parts supplier, making [...]
How to Audit Your Portfolio
Looking to conduct a review of your investments? Below is a five-point end-of-the-year housekeeping checklist. Suitability. When it comes to the world of investments, the most common types of assets are stocks and bonds—but they aren’t the only ones. There are alternatives like real estate and [...]
Wall Street’s Latest Innovation: ‘Buffer’ Funds
An ancient financial concept is gaining newfound popularity. In his book Politics, Aristotle related a story about a fellow philosopher named Thales, who lived about 2,600 years ago. One winter, Thales made a prediction about the coming olive harvest. He felt that it was going to be a strong [...]
Lessons From This Year’s Nobel Winners
The neighboring towns of Nogales, Arizona and Nogales, Mexico figure prominently in the work of Daron Acemoglu and James Robinson, who, together with a colleague, won this year’s Nobel Prize in economics. In their book Why Nations Fail, Acemoglu and Robinson explain that these two border towns are [...]
- 1
- 2
- 3
- …
- 14
- Next Page »
