Those that sold their cryptocurrencies at the peak of the market made a tremendous amount of money, but those that hold on to the bitter end are going to be gravely disappointed. For a while there, it seems like cryptocurrency prices were going to go up forever. 2017 was the best year for cryptocurrencies ever, […]
In 1993, William Kurt Hauser, a San Francisco investment analyst, presented his results from an incredibly interesting study. Hauser had analyzed tax revenues in the United States over time and came to the conclusion that tax revenue as a percentage of GDP had remained around a narrow band of 19% since 1946. That was astonishing. […]
Steve Cohen is the founder of Point72 Asset Management, a family office that manages more than $12 billion. Cohen founded S.A.C. Capital Advisors in 1992, but the hedge fund shut down in 2016 after the firm pleaded guilty to insider trading charges. Point72 spun off from S.A.C. in 2016 and had only managed Cohen’s personal […]
Both major political parties are working together to destroy America’s financial future, and most Americans don’t seem to care. Once upon a time, the Republicans were considered to be “the party of fiscal responsibility”, but now they are just as bad as the “free spending” Democrats. As you will see below, a “compromise” budget deal […]
While it often doesn’t come up in determining whether or not to buy shares of a company, not all shares are made the same. A company’s share structure describes not only how many shares a company is divided into, but also the various types of shares that the company is divided into. For example, a […]
This says a lot about the situation the western world finds itself in. The 3rd world predators have found a way to prey on the 1st world and this is just one of many factors in the equation…(more details to come)
In a recent interview, Boris Johnson admitted to not understanding GATT Article 24 Paragraph 5(c). Now that sounds very very niche, but it’s actually fundamental to his Brexit plan. In this video, we explain what it is that Johnson doesn’t understand and what this means for him and his plan.
After analyzing small-cap biotech data from 2007 on, Akash Goyal has found that higher hedge fund ownership is positively correlated with forward returns and that stocks with higher short interest are correlated with negative forward returns.
There Are Two Popular Stereotypes of Bitcoin Investors The first is that bitcoin users are tech/finance people who are made ridiculous amounts of money from investing in bitcoin before the bubble. This is true. The second is that a lot of bitcoin users are engaging in drug dealing, illegal gambling, and money laundering. The second […]