Investing Basics

In 1998, Long-Term Capital Management (LTCM) lost $4.6 billion in less than four months. Although the hedge fund was led by Nobel Prize winners, noted professors, a Federal Reserve Vice Chairman and well-known Wall Street arbitrage experts, it made two basic, but costly, investment mistakes. Read More

Back in the mid-1980s, I was a bit of a computer nerd. I was not only fluent in basic (a programming language now deader than Latin), but also probably the only kid in school who new what DOS stood for. That would be “disk operating system” for… Read More

Editor’s Note: This story replaces an earlier article we published about the new banking reserve requirements. The original article was based on inaccurate information, which led to mistaken conclusions about the effect of the new regulations on earnings at the major banks. Wall Street cheered… Read More

Investors mine ideas from many different sources, but many investors overlook a resource that provides some of the best ideas from the greatest minds. Most people believe that the world of hedge funds is not within their grasp. In truth, some of the best stock-pickers make their choices widely… Read More

I have been warning readers of my premium Mastering the Markets service for the past few weeks that... Read More

I have been warning readers of my premium Mastering the Markets service for the past few weeks that mid-September looks to get ugly unless you plan on being short the market — which is my plan.... Read More

As the U.S. economy tries to sputter back to life, one important fact is increasingly clear: any rebound is likely to be muted as the country wrestles with persistently high unemployment and confidence-sapping budget deficits. That’s why it’s more important than ever to… Read More

The rumblings about a possible double-dip recession have begun. Investors are understandably worried about such a possibility, not only because it may happen, but because it would be unprecedented for the current generation of market participants. First, don’t panic. We aren’t there yet. What you can do,… Read More

It’s coming. You know it is. Another recession. A “correction.” A one-day meltdown. Whatever you call it, the stock market is a fickle goddess to those who hear her siren’s call. Question is, how secure do you feel about being prepared for when —… Read More