The arrest last week of several ex-NBA players - and one current head coach - on gambling charges, seems to have no connection to markets or investing or the economy. Miami Heat player Terry Rozier is accused of providing insider information about NBA games and his own performance to gamblers who placed bets and laundered their winnings. Chauncey Billups, an [...]
At the beginning of every year, investment firms around the world publish their year-ahead outlook for markets and the economy. These prognostications can be interesting but not for the targets they place on various market or economic metrics. It is difficult to predict the long-term return of the stock market in advance but it is impossible to predict the short-term [...]
A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. - Warren Buffett, October 16, 2008, Buy American. I Am. , New York Times That was a month after the bankruptcy filing of Lehman Brothers, in the teeth of the Great Financial Crisis. At the beginning of the article he admits that [...]
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