Tag Archives: explains

Hedge fund manager Mark Spitznagel, the founder of $11 billion “Black Swan” hedge fund Universa Investments, says investors have been getting risk mitigation wrong from the start. “Our goals are even wrong. And really, we have Modern Portfolio Theory to thank us for this. But it’s just kind of a heuristic of investing that you need to take more risk in order to get higher returns, in order to get more wealth at the end of the day. And as you take less risk, your returns are going to go down,”… Source link

Amid widespread vaccine rollout and the recent full FDA authorization of the Pfizer (PFE) COVID-19 vaccine, many employers are now debating whether to mandate vaccinations among their employees and whether to financially deter unvaccinated individuals. Delta Air Lines (DAL), for example, recently announced that it will begin implementing a $200 monthly surcharge for all unvaccinated employees beginning Nov. 1. “The average hospital stay for COVID-19 has cost Delta $50,000 per person,” CEO Ed… Source link

The weed market opening up in New York will be a massive catalyst for the cannabis industry, according to an industry veteran. “I think New York as a market, [Senate Majority Leader Chuck] Schumer as a representative of New York, is going to be a very, very live topic through September,” Bruce Linton, chairman of Gage Cannabis and former CEO of Canopy Growth (CGC), told Yahoo Finance (video above). “And to me, that is one of the bigger movers. You say to anybody else on the planet, tell… Source link

Investors aren’t too happy Peloton (PTON) is slashing the price of its entry-level connected bike for the second time in under a year, which will weigh harshly on the bottom line over the next 12 months.  But from Peloton’s perspective, it was all part of the plan even if investors didn’t realize it.  “If you look back over the last several years, we have always had the aim of making our products more accessible. We introduced 0% APR financing four years ago. We introduced a 30-day free home… Source link

The Delta variant of the coronavirus has shown to be more contagious than previous versions, particularly for the unvaccinated, and that’s creating a level of risk for children that didn’t arise in 2020. “Children are getting hospitalized at higher rates than we’ve ever seen,” Dr. Mona Amin, a board-certified physician, said on Yahoo Finance Live (video above). “And yes, we do see that most children who are hospitalized are children of unvaccinated parents. But as this Delta variant… Source link

David Gray | Bloomberg | Getty Images Google is launching a redesigned repository that attempts to explain how its core business functions. On Monday, Google Search liaison Danny Sullivan noted that the company redesigned a website it first created in 2016. It now has more information and easier navigation, including how Google’s ranking systems sort through hundreds of billions of web pages, Sullivan said. With sections such as “How Search works” and “our approach,” the company attempts to… Source link

The number of COVID cases in the U.S. has now surpassed 37 million, with the Delta variant currently accounting for more than 98% of newly confirmed cases in the country.  Unlike during the first waves of the coronavirus pandemic, there are significantly more children being hospitalized for COVID-19 infections amid the latest surge. “That really scares me,” Dr. James Simmons, an L.A.-based hospitalist nurse practitioner, said on Yahoo Finance Live (video above). “Kiddos who aren’t… Source link

The federal government’s investigation into Tesla’s (TSLA) Autopilot system following a series of crashes in recent years is a major setback for the car company, one analyst says. “This is definitely a bit of a black eye,” Wedbush Securities analyst Dan Ives said on Yahoo Finance Live (video above). “From an investor perspective, especially given it’s the gold standard from a technology perspective, this formal investigation definitely takes a bit of the bloom off the rose when it comes to”… Source link

Novavax (NVAX) announced Thursday it would have to push back its COVID-19 vaccine emergency use authorization (EAU) filing with the FDA by about one month, once again, this time due to manufacturing quality concerns. CEO Stanely Erck told Yahoo Finance Novavax itself did not delay the filing. Instead, he said, outside firms that the company was directed to work with by Operation Warp Speed — the former government program launched under the Trump administration to fund six vaccine candidates… Source link

As the highly transmissible Delta variant spreads rapidly nationwide, the U.S. has “two weapons” to mitigate the outbreak, according to One Medical Regional Medical Director Dr. Natasha Bhuyan. “We have two key weapons in fighting this virus: one is masks, the other is vaccines” Dr. Natasha Bhuyan told Yahoo Finance Live. “If we can get our vaccination rates up, we will be able to slow down the spread of the virus. But until then, it’s important that even people who are fully… Source link