Tag Archives: Investing

Ex-Google CEO and chairman Eric Schmidt says he’s invested “a little bit” of money into cryptocurrencies — but for him, the most interesting part of blockchain isn’t virtual currency. It’s Web3. “A new model [of the internet] where you as an individual [can] control your identity, and where you don’t have a centralized manager, is very powerful. It’s very seductive and it’s very decentralized,” Schmidt, 67, tells CNBC Make It. “I remember that feeling when I was 25 that decentralized would… Source link

The meme stock craze — which multiplied the value of beleaguered companies like GameStop (GME) and squeezed hedge funds that bet against them — became a symbol of the populist fight between small-time traders and Wall Street juggernauts. But the most visible figures associated with the movement on behalf of everyday traders, which took off in January 2021, shared something in common: their gender. Keith Gill, a day trader who rose to prominence through his YouTube persona “Roaring Kitty,”… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, April 27, 2022 “I recommend the S&P 500 index fund and have for a long, long time to people,” billionaire investor Warren Buffett said at Berkshire Hathaway’s annual shareholders meeting last May. That’s been pretty good advice, and I wouldn’t be surprised if he repeated it again at the upcoming shareholder meeting on Saturday. In… Source link

General Motors (GM) has been revving up its electric vehicle business. And Cathie Wood is taking notice. The innovation-focused, Tesla (TSLA)-loving Ark Invest CEO — a vocal critic of legacy automakers who predicted not long ago that GM will go bankrupt — is changing her tune on the Detroit-based car manufacturer as it commits to an electric future, Wood signaled in an interview with Yahoo Finance. She also revealed that her investment management firm recently met with General Motors CEO… Source link

Pressure has mounted in recent weeks on U.S. pensions to dump Russian assets, but policymakers scrambling to unwind investments face a bigger moment of truth — what about their holdings in other autocratic regimes? Russian President Vladimir Putin’s invasion of Ukraine has prompted many of the largest public pension plans to quickly divest from Russian securities or trim their exposure to harder-to-exit allocations. The first-of-its-kind move to exit so abruptly put into question the… Source link

Warren Buffett is channeling one of his long-held investing philosophies in his recent flurry of buzzy deals, says one fellow value-focused investor. That is to be greedy when others in the market are fearful. “I think he is reminding us that when the tide goes out, we see who has been swimming,” remarked Research Affiliates CEO Chris Brightman on Yahoo Finance Live. The 91-year-old billionaire investor revealed Monday that his Berkshire Hathaway will spend $11.6 billion to buy insurance… Source link

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk posted in a Twitter thread on Monday advising followers to own “physical things” when inflation is high. In the tweet, Musk said “As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high. I still own & won’t sell my Bitcoin, Ethereum or Doge fwiw.” The biggest takeaway for some followers… Source link

Russia invaded Ukraine Thursday, shelling key strategic targets.Vadim Zamirovsky/AP Morgan Stanley Wealth Management CIO Lisa Shalett said the Russia-Ukraine conflict will keep markets in risk-off mode for weeks. She said a rapidly-changing situation often results in a flight out of risk assets, but this isn’t a good strategy in the longer run. Russia invaded Ukraine on Thursday in the region’s largest military operation since World War 2. Financial markets have been roiled this week after… Source link

Time for a touch of optimism. Recession concerns may be on the rise (see Google search trends below) thanks to soaring inflation, rising gas prices and an unpredictable conflict between Russia and Ukraine, but that doesn’t mean building out an all defensive stock portfolio is the correct move, warns veteran JPMorgan market strategist Mislav Matejka. “We think it is wrong to position for a recession given still extremely favorable financing conditions, very strong labour markets,… Source link

A version of this post was originally published on TKer.co. Let’s talk about the CAPE ratio. It’s one of the most widely-followed stock market valuation and investing metrics. It’s being talked about more as investors wonder whether stocks are poised to lose ground in 2022. Unfortunately, the signal of doom it supposedly sends is a myth. CAPE, or cyclically adjusted price-earnings, was popularized by Nobel prize-winning economist Robert Shiller. It’s calculated by taking the price of… Source link