ADVICE from Fred Schwed Jr in Where Are the Customers Yachts? On the use of statistics: "One can't say that figures lie. But figures as used in financial arguments seem to have the bad habit of expressing a small part of the truth forcibly and ... BDlive, 1 week ago
Fred Schwed Jr. was a professional trader who lost a lot of his money in the crash of1929 that ultimately led him to quit. A few years later he wrote the investment classic, Where are the customers yachts?. The anecdote has been retold many ...Entrepreneur.com, 1 month ago
The highlight of this segment of the Berkshire AGM comes towards the end when chairman Warren Buffett delivers a masterclass in why Exchange Traded Funds are always going to outperform actively managed portfolio managers. It's a subject about which ...BizNews.com, 3 days ago
Bill Pugliano/ The "Oracle of Omaha"went on an epic rant against Wall Street this weekend. American Business Corp 0.0000 0.00% Berkshire Hathaway Inc ▲ 219,740.00 +1,510.00 +0.69% Oracle Corp ...MSN Real Estate, 3 days ago
THOSE saddest words of tongue or pen, "It might have been", enter largely into the thoughts and conversation of the speculator. "If" and "but" are the most frequent conjunctions in his vocabulary. His whole life is a series of regrets. — William ...BDlive, 2 weeks ago
"WE TEND," writes Nassim Taleb in The Black Swan, "to underestimate the role of luck in life in general and overestimate it in games of chance". Is the stock market more like life or a game of chance? And how do we know when were dealing with ...BDlive, 2 weeks ago
By Brett Arends, MarketWatch The legendary hedge fund manager loses big time, not once but twice How do you make a billion dollars disappear? Easy. You invest it with the boldest, cleverest, most revered hedge fund wizard on Wall Street. ...TD Ameritrade, 1 month ago
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