Category Archive: Finance, No picture
Crosby, The Behavioral Investor Book Review
In 2014 Daniel Crosby, a psychologist and asset manager, co-authored the bestselling Personal Benchmark: Integrating Behavioral Finance and Investment Management and followed that up in 2016 with The Laws of Wealth. Another two years and he’s produced a new book: The Behavioral Investor (Harriman House, 2018). His “admittedly audacious” goal for this book is “to […]
5 Highlights Of Berkshire Hathaway’s Third Quarter Report For 2018
Berkshire Hathaway (BRK-A, BRK-B) today released its Form 10-Q for the third quarter of 2018. Five highlights during the third quarter were: (1) Berkshire’s operating earnings increased by 100% as compared to the third quarter of 2017. (2) Berkshire repurchased $928 million of its stock, indicating that both Warren Buffett and Charlie Munger conclude that […]
Forex And Cryptocurrencies Forecast For Nov. 05-09, 2018
First, a review of last week’s events: EUR/USD. Recall that most experts (55% vs. 45%) voted for further strengthening of the dollar, calling the year’s low of 1.1300 recorded on August 15 as the goal. This forecast came completely true, and the pair touched the bottom at this point on the last day of October, […]
Is It Better To Rebalance Your Portfolio Periodically Or Leave It Alone?
Whether you hold only stocks or a wide variety of assets, a question you’ll be forced to face sooner or later is whether you should rebalance to a specific preset weight periodically or just let some positions get bigger and others smaller. This article aims to help you make that choice wisely. Part I: The […]
Will Red Hat Put IBM In The Cloud?
IBM (IBM) is an information technology company which provides integrated solutions that leverage information technology and knowledge of business processes; the company was founded in 1911. On October 16, 2018, IBM reported third-quarter earnings results. Revenue of $18.68 billion declined 2% year-over-year, but was flat in constant currency. Revenue missed analyst estimates by $330 million. […]
Hackers Claim Breach Of 120 Million Facebook Accounts; Put Private Messages Up For Sale
Back On September 28, Facebook (FB) announced that as many as 90 million users may have had their “access tokens”, which keep people logged into their account, stolen by hackers. The number was subsequently reduced to 30 million accounts whose phone numbers and email addresses were accessed in the largest security breach in the company’s […]
Spotify: The Netflix Of Music
Netflix (NFLX) has been my best investment ever; I’m sitting on 3,479% gains. Now, I am buying a new company that’s strikingly similar. It’s a company that I call “the Netflix of music.” Spotify Technology S.A. (SPOT) is the world’s biggest music streaming service. That means the company lets users listen to music “on demand” […]
Mortgage Rates Hit 7-Year High
Bond yields jumped on Friday in response to a strong jobs report. Mortgage rates went along for the ride. The average 30-year mortgage rate topped 5% on Friday to a Fresh 7-Year High. Mortgage rates had a bad week and an especially bad day following a much stronger-than-expected jobs report. Mortgage rates were already operating […]
The World’s Smartest Investors Can’t Figure Out The Markets – And That’s A Really Bad Thing
Hedge fund managers sit at the top of the financial world’s food chain. They’re generally seen as the smartest money managers, and their companies have the most flexibility to pursue new opportunities. The result is supposed to be the best possible returns – for clients who can afford the high fees. But lately things haven’t […]
USD/CAD Rate Carves Lower Highs & Lows Ahead Of Fed Meeting
Fundamental Forecast for Canadian Dollar: Neutral USD/CAD bounces back from the weekly-low (1.3049) as the above-forecast print for U.S. Non-Farm Payrolls (NFP) overshadows the 11.2K expansion in Canada Employment, but price action ahead of the Federal Reserve meeting raises the risk for a larger pullback in the exchange rate as it carves a fresh series of lower highs […]
