Why Harvard Stopped Beating The Market
It would be easy to smugly write off Harvard’s performance as the comeuppance due to a bunch of elites who think they are smarter than the rest of us.
It would be easy to smugly write off Harvard’s performance as the comeuppance due to a bunch of elites who think they are smarter than the rest of us.
"I do think that within 18 months it's going to crack pretty hard," the Bond King opines. In that meltdown scenario, U.S. stocks will underperform.
Bailing on Aurora board frees up $1 billion for the activist to reinvest in big Janus and Invesco stakes ahead of what he sees as consolidation ahead.
Sternlicht, who describes himself as socially liberal and fiscally conservative, also noted that he disagrees with Biden’s proposal to increase taxes.
Investors thinking about pulling out of the market before the election should stay long, according to billionaire investor Marc Lasry.
The pair, who have worked together off and on for years, said Brett would likely become CEO and chairman by 2027 if 84-year-old Carl agrees.
Buffett effectively "detoxified" gold when his Berkshire Hathaway conglomerate revealed a $564 million stake in the gold miner in August, Kaplan says.