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Lessons From the Decline and Fall of the Roman Empire

Many Americans suffer from “historical amnesia,” a blissful ignorance of the past.
But as Nicholas Vardy shares today, there is a lot we can learn about global wealth and success by looking back at history.

I’ve been watching a course on the English historian Edward Gibbon’s six-volume magnum opus, The History of the Decline and Fall of the Roman Empire, in The Great Courses.
I view it as a 30-minute daily antidote to the relentless onslaught of COVID-19 body counts on the world’s news channels.
It’s also a welcome break from the nonstop obsession over “whether the market has bottomed this week.”
Gibbon published the …read more […]

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3 Spinoff Stocks Ready to Soar on Their Own

Wall Street loves mergers and acquisitions. They feed the egos of CEOs by increasing their empires and garner big fees for the bankers that help put big deals together. They can also result in a big payday for investor of the firm that gets bought out. But, sadly, for these reasons, most mergers destroy shareholder value over the long haul.For investors, the track record indicates that it can be more lucrative to bet on deals where firms break themselves apart. One such deal that became final less than two weeks ago found two giant defense and aerospace-focused firms merge, but …read more […]

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Roku Isn’t the Coronavirus Play Netflix Is

(Bloomberg Opinion) — With Netflix Inc. soaring to new highs, it may be tempting to think video-streaming platform Roku Inc. might be the next big stay-at-home play amid heightened demand for viewing options in a coronavirus world. But investors should be wary of any comparison between the two companies as they have drastically different business models. Simply, Roku is no Netflix.Late Monday, Roku updated its financial guidance for the quarter ended in March, projecting a slightly higher sales range of $307 million to $317 million, versus its prior forecast of about $305 million. The company said it saw increased …read more […]