“Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.” That’s amazing to think about, but Warren Buffett is right – people with money are constantly taking advice from people with no investment success. Instead, you should be taking advice from those who’ve
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At this point that big scare of August feels like it happened years ago. Now the market is flying again, and the big question has switched from “Is this the beginning of the bear market?” to “How much higher can we go?” It certainly feels like a new high is in the cards for Wall
We could very well see a big downturn in the economy stemming from a struggling stock market in the near future, and it could very well be because of President Obama. Without even trying, Obama could be poisoning the economy right now. And if history is any guide, the consequences could be devastating…
In a recent poll of fund managers, more than half said that they still expect the market to climb higher through at least 2016, while just over 15% claimed to be bearish. That’s no surprise to me considering what I know about fund managers and how they make their money. Here are the common lies
Just in the past few days, what would be the biggest deal of its kind and one of the top acquisitions ever was just agreed to. The $14 billion deal is set to create a sort of super power in its industry, with an enhanced arsenal of goods that have accounted for sales of roughly
The stock market is about making money, and there’s one sector of Wall Street that offers you the best chance at hitting it big like a winning lottery ticket – technology. But tech stocks also happen to be some of the most difficult to predict. Why? Because many tech companies aren’t exactly what you’ve always
Well, we’ve just rounded out the worst quarter for the stock market since 2011. The entire sentiment surrounding Wall Street has changed for the public seemingly in the blink of an eye. But there’s no sense dwelling in the past, no matter how immediate. Instead, we have to focus on the “now” if we’re going
It seems like virtually everyone has been holding their breath in anticipation of the Fed’s big announcement regarding interest rate hikes. I’ll admit that I’ve been anxiously awaiting the news myself… But as this meeting drew closer and closer, I realized that a win-win situation was forming in the stock market. It became clear: *
I tend to speak a lot about how important information is. The people who have access to the best information are able to turn it into hundreds of thousands or millions of dollars. Unfortunately, these people are usually CEOs of big biotech companies or things like that. But you and I can get the next-best
Yes, the market was turned on its head in a flash. Yes, most of Wall Street is frantically searching for reasons why it all happened. Yes, we just experienced the biggest market fall in years. But to be honest, I don’t really care why it happened. That’s because I’m easily hitting winners right now just
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