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Berkshire Hathaway CEO Warren Buffett shared a moving tribute to his fallen friend and right-hand man Charlie Munger in his annual shareholder letter over the weekend. The Oracle of Omaha lauded Munger as the “architect” of Berkshire’s success, eulogizing the “abominable no-man” by discussing some of his favorite whipping posts—including his comparison of the modern stock market to […]
Some people see the S&P 500 index reach new heights and worry they’re missing out while others worry there’s a crash around the corner. Whichever camp you’re in, buying more dividend-paying stocks is probably the surest way to build a portfolio that can outperform over time. Dividend-payers as a class tend to outperform non-payers because these companies […]
Over the past three decades, there’s always been a next-big-thing trend to captivate investors’ attention. For the moment, nothing is causing more excitement within the investing community than the artificial intelligence (AI) revolution. AI utilizes software and systems to oversee tasks that would normally be handled by humans. What makes AI special is the incorporation of machine […]
Top Tier Trader, a US-based prop trading firm, has entirely scrapped MetaTrader platforms and is now solely offering services on TradeLocker, a relatively new trading platform. The prop trading firm will finish the migration of all its existing clients using MT4 and MT5 to the new trading platform by today (Tuesday). Dedicated Forex cloud […]
Bitcoin (BTC) surged above $57,000 Tuesday, putting it within striking distance of its all-time high as enthusiasm for the world’s largest cryptocurrency reached a level last seen during a 2021 boom. The price of the digital asset is now up as much as 10% on the week and 35% so far this year, due largely […]
The S&P 500 (^GSPC) took more than two years to gain its last 1,000 points. There’s an increasing number of Wall Street strategists that believe this time, it could take less than a year. As the S&P 500 recently surpassed 5,000 and continued to hit new records, strategists have raised their year-end targets. The latest is Barclays, which […]
Cathie Wood, head of Ark Investment Management, ranks near the top of her class in terms of fame among money managers and luminaries such as Warren Buffett. Known to her devotees as Mama Cathie, Wood rocketed to prominence thanks to a stupendous return of 153% in 2020 and clear presentations of her investment philosophy in […]