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Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 31, 2021 Last year’s winning trades are this year’s losing trades Fortunes are won and lost quickly in the financial markets. If you are lucky enough to be sitting on a stock portfolio that’s generating market beating returns, how long can that last? On Tuesday, Compound Capital Advisors’ Charlie Bilello shared some relevant stats. “The 25 stocks in the S&P 500 with the lowest… Source link

Bloomberg One of World’s Greatest Hidden Fortunes Is Wiped Out in Days (Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed him — until suddenly, everyone did.Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time — a multibillion-dollar fiasco involving secretive… Source link

UCLA players celebrate after beating Michigan on Tuesday. (Photo by Andy Lyons/Getty Images) UCLA’s improbable NCAA tournament run continues. The No. 11-seeded Bruins held on in the second half to upset No. 1 seed Michigan, 51-49, to advance to play Gonzaga in the Final Four on Saturday night. UCLA joins 2011 VCU as the only teams to advance to the Final Four after having to play in a First Four play-in game before the first round of the NCAA tournament. Michigan had three chances to win the… Source link

The ball was in the hands of the player that Michigan coach Juwan Howard trusted most with his team’s season on the line. Franz Wagner curled around a left-wing screen from Hunter Dickinson and discovered that the UCLA center who switched onto him had given him ample space to shoot. Sensing his moment, Wagner pulled up, let a potential go-ahead 3-pointer fly and … left it a few inches shy of the rim. That airball was the indelible image from Michigan’s 51-49 Elite Eight loss to… Source link

MMA Weekly UFC 260 results: Francis Ngannou KO’s Stipe Miocic, becomes new baddest man on the planet Stipe Miocic was the baddest man on the planet heading into Saturday night’s event at The Apex in Las Vegas. Now that the UFC 260 results are in, there is a new baddest man on the planet. UFC 260 results: Francis Ngannou lands brutal KO Francis Ngannou showed massive improvement in his skill and his approach in taking out Stipe Miocic at UFC 260. It was evident from the opening bell that… Source link

We end March on a Wednesday with six games on the NHL docket. If you want to end the month on a high note, here are some players I would recommend targeting for your DFS lineup, and also some I would suggest avoiding. GOALIE Philipp Grubauer, COL vs. ARI ($39): The Avalanche have allowed a league-low 24.9 shots on net per contest. Arizona has averaged a league-low 25.9 shots on goal per game. Will the Coyotes even register double-digit shots on Grubauer? This should be a very easy day for the… Source link

A small private Catholic school in eastern Washington that didn’t win a single game over the first six decades of the NCAA men’s basketball tournament‘s existence knocked off USC on Tuesday to reach the Final Four. And the most remarkable part of this remarkable story is that Gonzaga’s supremacy was wholly unsurprising. The new premier program in men’s college basketball steamrolled the sixth-seeded Trojans in the Elite Eight, 85-66. Drew Timme, the Zags’ fourth-best NBA prospect, outplayed and… Source link

Each time Texas attempted to stomp back into it, South Carolina answered. The No. 1 seed Gamecocks handled the six seed with ease in the Hemisfair region, 62-34, and are moving on to the Final Four. Texas didn’t score over the final 12:30 of the game. South Carolina, which finished the 2020 season as the No. 1 team in the country, plays the winner of No. 1 overall seed Stanford and No. 2 Louisville.   South Carolina shuts down Texas in final quarter South Carolina advanced with a balanced… Source link

Among the many — and perhaps least important — “unprecedenteds” that can be deployed in a facile attempt to explain the previous 12 months is an unprecedented lack of access at sporting events. I like to think we’re getting by — fans and reporters, both — through a healthy dose of innovation, perspective, and an unhealthy dose of time spent staring at various screens. But for an in-depth look at each team ahead of the 2021 season, I wanted to talk to someone who’s allowed… Source link

NFL offensive linemen have been known to make dramatic physical transformations after retiring from football. Often required to pack on pounds well beyond their natural weight to remain competitive, some are unrecognizable after adjusting to a non-football diet.  Count Orlando Franklin among them. Franklin played seven seasons in the NFL as an interior lineman from 2011-17 for the Denver Broncos, San Diego Chargers and Washington. He was listed at 6-foot-6 and 315 pounds.  On Tuesday, he… Source link