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Billionaire Charlie Munger Compares Stock Market 'Gambling' to 'Heroin' Addiction, Sees No Solution In Sight
Wednesday, June 14, 2023 - 9:18am | 887Berkshire Hathaway Inc., led by CEO Warren Buffett and Vice Chairman Charlie Munger, is a compound interest machine, achieving a return of about 2 million percent on its initial value — equivalent to a 20,000 to 1 ratio. Don't Miss: Why Silicon Valley Elites Are Betting On This Startup’s...
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With 363.8 Billion Pounds Of Plastic In The Ocean, Plastic Pollution Will Soon Outweigh Fish
Tuesday, June 13, 2023 - 1:59pm | 701An estimated 363.8 billion pounds of plastic pollution is in the world’s oceans, according to recently published data. Plastic pollution in the oceans has become a worldwide crisis. Swirling convergences of plastic cover approximately 40% of the ocean surfaces. Don’t Miss: ...
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Warren Buffett Transformed His Neighbor's Life Savings Of $67,000 Into $400 Million
Monday, June 12, 2023 - 10:27am | 840In 1965, a middle-aged couple in Omaha, Nebraska, faced a common yet challenging predicament: how to effectively plan for retirement. Dorothy and Myer Kripke had diligently saved and received a modest inheritance, placing them well ahead of their peers in terms of retirement planning. By that year...
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Warren Buffett's Advice For Introverts: Conquering Fears And Mastering Communication
Thursday, June 8, 2023 - 12:32pm | 570Warren Buffett, the brilliant billionaire investor renowned for his frugality and investment genius, has proven time and again that his wisdom extends far beyond the realm of finance. Recently, Buffett offered direct advice to introverts seeking to navigate the fast-paced and often extrovert-...
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The Evolving State Of Startup Valuations – And How To Ensure The Best Outcome For Your Business
Wednesday, June 7, 2023 - 1:42pm | 1414By James McVeigh, CEO and Co-Founder, Cyndx 2022 hit startup valuations hard, and the first half of 2023 is shaping up to deliver much of the same. Tech companies were particularly vulnerable as they historically relied on the most forward-looking valuations during the relatively easy capital-...
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Your Investment Went Up 10,000%, Now What Should You Do, Sell or Let it Ride?
Tuesday, June 6, 2023 - 1:25pm | 1017Stock picking is hard. But boy is it sweet when you find a winner, let it ride, and make 100x your initial investment… Source: Data: FactSet; Chart: Axios Visuals Who Is Nvidia And Why Did It Go Up So Much? Nvidia (NASDAQ: NVDA) designs and manufactures the GPUs (graphical processing...
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I Bonds Beat Inflation By 0.9% Guaranteed. Should You Invest?
Monday, June 5, 2023 - 3:34pm | 2542This article was updated on May 1, 2023 to reflect the latest I bond rates. Why Are You Hearing So Much About I Bonds Right Now? Series I Savings Bonds (aka I bonds) have been out of the investing conversation for the last two decades. During that time, they have promised to just keep up with...
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How Charlie Munger Turned $1,000 Investment Into Over $1 Million In Oil Royalties With His Unemployed Friend
Monday, June 5, 2023 - 1:14pm | 828At Berkshire Hathaway Inc.’s annual shareholder meeting, Charlie Munger’s revelation about a brilliant investment he made over 60 years ago offered a glimmer of hope and inspiration to investors worldwide. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On...
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This 35-Year-Old Man Was Unemployed When He Founded NerdWallet — A $738 Million Company
Friday, June 2, 2023 - 2:26pm | 913Tim Chen, CEO and co-founder of NerdWallet Inc., has come a long way since the 2008 financial crisis when he found himself among the unemployed, like many others at that time. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-...
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How One Trader Made $8 Million In The Stock Market In 2 Years
Friday, June 2, 2023 - 1:41pm | 798Making money in the stock market sounds like a dream come true, and for most traders, it's just that: a dream. Unless your name is Jack Kellog, the 24-year-old who achieved $8 million in gains from day trading in 2020 and 2021. Don’t Miss: Why Jason Calacanis and Other Silicon Valley...
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When To Focus On Investing Vs Paying Down Debt
Friday, June 2, 2023 - 11:31am | 1665Should I invest or pay down debt? It’s an old debate with no easy answer. But where you put your money makes a huge difference in your financial life. Five extra years of compound gains on an investment adds up to huge dollars later in life. At the same time, five more...
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Cannabis Can Be A Game-Changer For Improving The Lives Of Autistic Adults
Wednesday, May 31, 2023 - 3:12pm | 582Researchers have found that medicinal cannabis could be a promising treatment for adults with autism spectrum disorder (ASD), according to a study published in Therapeutic Advances in Psychopharmacology. The study investigated the effects of medicinal cannabis on 74 autistic participants, with an...
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Portfolio Management: How To Add Macro To Your Process
Tuesday, May 30, 2023 - 12:22pm | 777This is a transcript of a conversation between Jeff Black, VP of Content and Education at Tornado, and his guest John Normand, in March 2023. John is a cross-asset strategist who spent over 25 years at JP Morgan heading research for foreign exchange, international rates and commodities. He was also...
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Government Loosens Past Drug Use Rules To Attract Younger Workers
Thursday, May 25, 2023 - 1:36pm | 806As an increasing number of states legalize marijuana and the battle for top talent intensifies, the U.S. government revised its guidelines, shedding the vestiges of the "Just Say No" era. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision...
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Blockbuster Had The Opportunity To Buy Netflix For $50 Million But 'Laughed Them Out Of The Room' — A $150 Billion Mistake
Thursday, May 25, 2023 - 12:59pm | 621Netflix Inc., once an unprofitable startup challenging Blockbuster’s dominance in DVD rentals via postal mail, has evolved into an entertainment behemoth. Reflecting on the company’s history, Co-Founder Marc Randolph recalled a pivotal moment when he attempted to sell Netflix to...