Buffett Takes A Page From The “Inflation King’s” Playbook
by James Rickards, Daily Reckoning Hugo Stinnes is practically unknown today, but this was not always the case. In the early 1920s, he was the wealthiest man in Germany, at a time when the country was the world’s third largest economy. He was a prominent industrialist and investor with diverse holdings in Germany and abroad. Chancellors […]
Chart Of The Day: So Much For The ‘Great Moderation’
A study published last month by the Bank for International Settlements shows the evidence that worldwide financial crises have been amplifying both in terms of their overall magnitude and relative to the real economic cycles.
Tesla Motors Inc. Deal Confusingly Sends Riviera Tool Company Up 12,000%
The report that Tesla Motors Inc (TSLA) acquired Riviera Tool, an automotive supplier based in Grand Rapids, Michigan, caused market confusion and sent a penny stock as much as 12,000% higher. Investors bought the shares of Riviera Tool Company, which is trading on the pink sheets market as RIVT. The RIVT stock was worth […]
Week In Review: Xinbang Pharma Acquires Chinese Peptide Co. For $323 Million
Deals and Financings Guizhou Xinbang Pharmaceutical (SHE: 002390) paid $323 million to acquire Chinese Peptide Company, located in Hangzhou, from the nine companies that owned it (see story). In addition, Xinbang raised as much as $106 million, which it will use to expand CPC’s peptide production capacity. Founded in 1997, CPC describes itself as a high-quality, […]
House Flippers Are Back Together With Wall St. What Could Possibly Go Wrong?
Real estate buyers seeking money to renovate and flip U.S. houses are getting help from some of the world’s biggest investment firms. Colony Capital Inc., Blackstone Group LP and Cerberus Capital Management are among the companies that have started making bridge loans to investors who buy homes to sell them quickly for a profit. Borrowing […]
Google: Mobile Searches Overtaking Desktop
More and more people are searching the Web on their smartphones and tablets, and Google is looking to serve up more ads and services to users through their mobile devices. In an indicator that smartphones are becoming consumers’ top platform when it comes to daily activities, search giant Google announced more of its searches take […]
Income Inequality Is Costing the U.S. on Social Issues
Thirty-five years ago, the United States ranked 13th among the 34 industrialized nations that are today in the Organization for Economic Cooperation and Development in terms of life expectancy for newborn girls. These days, it ranks 29th. In 1980, the infant mortality rate in the United States was about the same as in Germany. Today, […]
Tips for Better Project Management
Managing a project can get pretty stressful, especially when you don’t have a clear plan to successfully use your resources. This article offers some tips on how to keep the project on track and within budget. If you want to be a top project manager, you must learn how to deal with pressing matters effectively, […]
A minister and Stanford business lecturer explains how to be spiritual at work
Before retiring last year, Scotty McLennan spent 14 years as the dean for religious life at Stanford University, where, among other things, he interviewed the Dalai Lama and worked to create a campus meditative center, which opened last summer. As he returns to teach at Stanford Graduate School of Business this spring, the Unitarian Universalist […]
Finish him! ‘Mortal Kombat X’ is the bloody next chapter fans deserve
It took just four button taps to squeeze a man’s guts out, like a tube of toothpaste. Except you wouldn’t brush your teeth with shimmering, red entrails. Five minutes later, a few more button taps left my victim’s skull bisected. Her brain rolled out and her tongue lolled outside of a face without a jaw. […]
