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How to Use Volatility to Your Advantage

I was 7 years old when I rode my first roller coaster at Disney World.
I remember waiting in line for Space Mountain, anxious to prove to my older brother that I had the chops to handle it.
As soon as I sat down and we started moving…
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I proceeded to cry the entire ride.
(To this day, I’m grateful that the ride had single-file seating, otherwise my brother would still mock me.)
But when it was all over, there was a sense of relief followed by a rush of adrenaline…
After all, I didn’t die.
That same day, I rode Space Mountain another three times …read more […]

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SoftBank to maintain stake in Arm after partial sale: Nikkei

The Japanese conglomerate is currently negotiating terms with Nvidia after receiving an approach last month, the report said, citing an unidentified source familiar with the matter, adding that it is possible that SoftBank would take stake in Nvidia after it bought Arm. The report did not mention how much stake the company will retain in Arm. …read more […]

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Kodak Stock Skyrockets After Deal To Make Drug Ingredients

Eastman Kodak (KODK) stock has tripled today alone after the company said it received a loan from the government to produce ingredients for drugs used to battle the coronavirus. This week, Kodak stock has climbed than 2,000%, carrying its valuation to almost $2 billion following the news about the government loan. However, after today’s initial […] …read more […]

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Bill Gates explains how he would fight coronavirus if he was in charge: 'Don't mislead people'

Billionaire Philanthropist Bill Gates told Yahoo Finance what he would do differently if put in charge of the U.S. fight against the coronavirus, proposing a testing plan directed by the federal government, a bipartisan push for mask-wearing, and a “complex discussion” about reopening. …read more […]

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What is the F.I.R.E. Retirement Plan and Is It for You?

What is the F.I.R.E. retirement plan? Many people are starting to look at the newest trend of retirement. As a new generation enters the work force who don’t want to work away the best years of their life, early retirement is gaining popularity.
But what exactly is this new retirement trend? And is it for you? Let’s take a look…
What is the F.I.R.E. Retirement Plan?

The F.I.R.E. retirement plan stands for financial independence, early retirement. The idea came from the 1992 book “Your Money or Your Life” by Vicki Robin and Joe Dominguez. It’s supposed to give you the ability to retire …read more […]

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Mohnish Pabrai And His Favorite Tech Stock, Micron (Q2 Letter)

In his latest letter to investors, Mohnish Pabrai warned about the perils of buying stocks at high prices. He explained that it’s possible to overpay for even the market’s most promising companies. Giving Microsoft as an example, Pabrai noted: “MICROSOFT HAD A VERY STRONG ENTRENCHED MONOPOLY POSITION IN MOST OF ITS MARKETS. IT CONTINUED TO DO WELL […] …read more […]