-
The Best Investor You've Never Heard Of Is A Self-Made Billionaire Optometrist Inventor
Thursday, May 25, 2023 - 12:28pm | 963Meet Dr. Herbert Wertheim, the billionaire optometrist who Forbes hailed as “the greatest investor you’ve never heard of.” He quietly built a stock portfolio estimated at $4.6 billion. Affectionately known as Dr. Herbie, Wertheim has built his portfolio through traditional, time-...
-
A Self-Proclaimed 'Shameless Copycat' Made Billions By Mimicking Warren Buffett
Thursday, May 25, 2023 - 11:40am | 877In 1994, Mohnish Pabrai found himself with $1 million in savings, providing him with a war chest to invest for the first time. While at Heathrow Airport that year, he came across a book about Warren Buffett and was astonished by the Berkshire Hathaway chairman and CEO’s impressive track...
-
The Billionaire Who Found Joy In Giving Away His Fortune
Wednesday, May 24, 2023 - 11:56am | 924Chuck Feeney, the Irish-American tycoon behind a duty-free shopping empire, has achieved his life’s mission: giving away his $8 billion fortune while he is still alive to witness the positive impact of his philanthropy. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are...
-
Warren Buffett Declared Jay-Z The Ultimate Youth Money Mentor Long Before His Billionaire Status
Wednesday, May 24, 2023 - 11:26am | 754Thirteen years ago, financial titan Warren Buffett and iconic rapper Jay-Z shared the stage during an interview at the inaugural Forbes 400 Summit in Omaha, Nebraska. Little did they know that their conversation would resurface, thanks to Buffett’s intriguing remarks about the rapper. Don...
-
29-Year-Old Freelance Writer's 5 Thrifty Habits To A $400K Income And $1.2M Property Portfolio
Tuesday, May 23, 2023 - 4:46pm | 682Earning money at an early age and developing wise financial habits, such as spending cautiously, saving for the future, and making investments, can have significant long-term benefits, which can set a strong foundation for economic well-being in the long run. Alexandra Fasulo had her first six...
-
Is ChatGPT A Better Financial Advisor? Edition 2: The First Week Is In
Wednesday, May 17, 2023 - 1:41pm | 846In Benzinga’s last installment, a novel experiment was introduced where we put OpenAI's ChatGPT to the test in the world of investing. The challenge? To see if ChatGPT can design a portfolio that outperforms some of the leading U.S. equity funds. The AI had a mission to work with a...
-
Is Investing Solely In The S&P 500 The Right Strategy For You?
Tuesday, May 16, 2023 - 2:56pm | 5956When it comes time to picking your investments, it’s easy to be overwhelmed. There are thousands of publicly traded companies in the US and so many sectors to choose from. Index funds have made it easy to get cheap diversification. Buy a fund at low cost that gives me broad exposure to the...
-
How Early Airbnb Investors Raked In A 499,900% Return On IPO Day From A Simple Idea To Pay The Rent
Friday, May 12, 2023 - 1:36pm | 699Airbnb Inc.‘s initial public offering (IPO) on Dec. 10, 2020, had the hotel industry bracing for impact as the online marketplace shattered records and claimed its position as one of the most valuable IPOs in history. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are...
-
Is ChatGPT A Better Financial Advisor? We're Going To Find Out
Wednesday, May 10, 2023 - 2:33pm | 1249In the realm of artificial intelligence, OpenAI’s ChatGPT has been making waves with its astounding ability to generate human-like text. Benzinga decided to put the AI to the test in an entirely new context — investing. Can ChatGPT design a portfolio that outperforms the leading U.S. equity...
-
The Role Of Different Asset Classes For An Investor
Wednesday, May 10, 2023 - 12:05pm | 2059Investments are broken down into broad categories called asset classes. Each asset class is defined by unique characteristics that provide investors with benefits but also come with risks. This is referred to as the risk/reward tradeoff. This means assets with more potential upside also come with...
-
Every Investor Needs To Hear This
Thursday, May 4, 2023 - 11:25am | 741After a $100,000 finance degree at a private university, helping manage over $5 billion at Goldman Sachs, and over 5 years of working in Finance… I’ve come across a few hard-hitting investment truths. Today I’d like to share them with you. 1. A Finance degree will teach you how...
-
Skip Harvard, Just Follow The Money: Learn The Moves Leading Harvard Grads To Turn Down $300K Salaries
Wednesday, May 3, 2023 - 2:13pm | 674Harvard University graduates with master’s degrees in business are passing up $300,000 salary offers to buy blue-collar businesses. @itsDanny_V took to Twitter to explain how you can follow in their footsteps. Steps To Get Started: You don't need a degree from Harvard to invest like...
-
From Pizza Delivery Boy To Billionaire: How Gymshark Flexed Its Way To The Top
Wednesday, April 19, 2023 - 3:38pm | 720From pizza delivery guy to billionaire founder, the story of Ben Francis and Gymshark is a tale of determination and innovation. Surprisingly, Francis didn't start out as a bodybuilder or fitness guru. Instead, he was just a regular guy delivering pizzas in a small English town. Don’t...
-
Learn These 10 Investing Lessons Before It's Too Late
Wednesday, April 19, 2023 - 11:05am | 881I’ve worked in finance for 6 years and have made 100s of mistakes in that time. Here are 10 investing lessons I wish I knew when I started: 1. When to sell There are 3 reasons to sell a stock: You met your goal Fundamentals changed Found a better opportunity Notice how each relates to...
-
Is Passive Investing The Right Strategy For Your Long Term Financial Goals?
Friday, March 31, 2023 - 10:30am | 869For many investors, building wealth over time stands above any other short term goal. Supported on the concepto of “buy and hold,” passive investment strategies try to mirror the market’s average returns in order to build a portfolio that yields in the long run. While a...