Shelling out nearly $5.3 million over the past two years to have lunch with value-investing legend Warren Buffett was not only charitable on the part of one hedge fund manager. It was also a wise investment.
There are plenty of wild ideas for stock indexes out there, but this one may take the cake: The Dow Jones Summer/Winter Games Index.
Market volatility increased last month, so say the fine folks at the Securities and Exchange Commission, and now the government agency is looking for answers why.
Here and elsewhere in the media it was reported recently that Bernard Madoff inaccurately represented that he was working on an educational project with Harvard University. Now it appears that there was a connection after all.
Exchange-traded funds are way cooler than mutual funds. At least that’s the sentiment that can be inferred from some recent research published by Cerulli Associates Inc. and the Investment Company Institute (ICI).
A sign of the times? Mere overreaction? Either way, news that Zynga, the company behind popular online games such as FarmVille and CityVille, might delay its initial public offering had Silicon Valley and the press abuzz on Monday.
Barring a last-minute, epic bull move, the eighth month of 2011 is going down as one of the worst months for hedge funds in any year.
Perhaps one reason for the nasty tumble gold took on Tuesday can be attributed to folks at the Shanghai Gold Exchange doing its best CME Group (CME) impression and raising forward gold margins by 12%.
Abercrombie has another situation, and it is of the Jersey Shore variety.
A new report from the FBI shows burgeoning opportunities in real estate – if you don’t mind being a criminal.
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