Pop quiz: Who’s the most credit-worthy borrower in the world?      Seven U.S. companies have “AAA” credit ratings, the highest available from Standard & Poor’s. Among these titans of industry are such names as Johnson & Johnson, Microsoft and Berkshire Hathaway.      But one… Read More

Nobody likes to see daily bloodletting in the market. But look on the bright side. While these downturns can be frightening, think how different investing would be without them. In a perfectly efficient market, we could never buy a stock at a discount, or sell one at a premium —… Read More