Why Robinhood Has Such An Outsized Impact
This frenzied interest in certain high-risk penny stocks has Wall Street veterans at a loss to explain what’s going on, and what to expect.
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How Eli Lilly's Pension Gets Weird Results
“We have 50 percent in alternatives. I run a hedge fund book, but I run it as a portable alpha program," says CIO Susan Ridlen.
How The World's Biggest Pension Fund Lost $165 Billion
So much for uncorrelated assets. The results come just months after the fund revamped top management and revised its allocation to focus more on debt.
A Season When Market Timing Was Everything
One stark statistic in an otherwise flat 2020 focuses on the penalty a "tactical" investor incurred by sitting out the biggest single-day gains.
El-Erian: Cash Is Still King
"I have money on the sidelines and I missed the last rally of the last three weeks. I'm not putting it to work," the Allianz bigwig says.
Apple Is Now 20% Of Berkshire Hathaway
Warren Buffett's Apple stake is now worth an astounding 20% of Berkshire Hathaway's market capitalization. Talk about the tail wagging the dog.
"Poor Old" Howard Marks Fires Back At The Day Traders
Billionaire says younger market operators treating stocks as entertainment "will end in tears." They don't like him either.
