The spotlight this week is on hot IPOs. According to MarketWatch, it’s one of the busiest IPO weeks in years
For example, Klarna, the Swedish “Buy Now, Pay Later” (BNPL) giant, is launching a U.S. IPO at a $14 billion valuation, selling 34.3 million shares for $35–$37 apiece.
Then there’s…
If you were asked to name the single best investment of the past few years, you might think of stocks, gold, maybe crypto.
But the best-performing “investment” wasn’t any of those.
Instead, it was a golfer: Scottie Scheffler.
Since the start of 2022, Scheffler has dominated the sport. He’s won…
Last weekend, a single basketball card sold for $12.9 million.
Yes, you read that right: nearly thirteen million dollars for a tiny piece of cardboard.
Granted, this wasn’t just any card. It was a “1 of 1” Logoman card signed by Michael Jordan and Kobe Bryant. With Bryant’s tragic death,…
Billionaire hedge-fund manager Steven Cohen has built one of the most successful investment firms on Wall Street.
Cohen’s fund, Point72 Asset Management, manages nearly $40 billion in assets and has a reputation for backing huge, winning trades.
But here’s what’s interesting. Despite his dominance in the public markets, Cohen is…
Can you guess the No. 1 reason a startup goes out of business?
Here it is:
Because it runs out of money.
Sounds simple, but it's true. If a company can’t pay its bills, it’ll go belly up. Meanwhile, if it can keep the lights on, it can live to…
Bad news from Morningstar.
The classic 60/40 portfolio just posted its worst stretch in 150 years.
This is a wake-up call. It shattered the illusion that bonds provide downside protection.
Today, I’ll explain what’s going on here…
And reveal a better way to build a portfolio.
For…
In a move that could reshape the investing landscape, President Trump just signed an order to allow private equity — including startup companies — to be included in your 401(k).
A few years ago, the independent newsroom ProPublica published a shocker of a report.
Based on an analysis of 25 years of tax returns, here’s what it uncovered:
The stewardess on my red-eye to Argentina was delivering a familiar speech as we got ready for takeoff.
Her voice washed over me as I curled up in a window seat, reading the business plan for a tech startup.
“There are ten emergency exits on this Boeing 777 aircraft,” I…
This past week, something extraordinary happened:
Ordinary investors like you and me were offered the chance to buy “shares” in some of the fastest-growing private companies on Earth.
I’m talking about pre-IPO companies like OpenAI, Anthropic, even SpaceX.
But there’s a catch.
These aren’t actual shares. They’re something called tokens.
…