Conventional wisdom is that stocks outperform bonds. That’s wrong. Fact: Investors who buck conventional wisdom and buy bonds are more likely to see better results than investors who focus solely on equities. Don’t let anyone tell you that bonds are staid, stodgy or that they’ll… Read More

Investing even modest sums over time can build affluence. But don’t put the cart before the horse. You’re not ready to build wealth until you understand your overall financial situation and take several key steps to make sure you build on a sound foundation. 1. Get an… Read More

It happens every quarter, and it’s beginning to grate on me. While every other company is gauged by earnings, Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) is measured by a different standard than the rest of the financial world. Read More

The U.S. isn’t the only country struggling to reform its health-care system. China has a big problem on its hands: 1.3 billion people and a system that has been ignored for decades. The World Health Organization recently ranked China’s health care 144th out of 190 countries. The country recently said… Read More

The man knew too much. And something else was wrong, too. As Joseph Wu talked to his guest, he wracked his brain. Wu was sure he had met this man before. But where? Sitting in Wu’s office, the two men continued to talk business. His guest was very well informed. Read More

Government spending cuts would utterly devastate most companies that rely on Uncle Sam for business. But there’s one company that would almost certainly earn hundreds of millions of dollars more if the federal government would make a very specific spending cut, one that lawmakers propose nearly every year. As the… Read More

Banks need a break, right? After all the bailouts, I thought so, too. Until this morning. As it turns out, banks may be eating some bad loans, but they’re raking in cash from other sources. The Financial Times reported that banks will charge customers more than $38.5… Read More

William Grant & Sons Distillers, in business for more than 120 years, recently released a limited-edition variety of its Glenfiddich single-malt scotch. The amber whisky has been quietly aging under the Glenfiddich Distillery’s Warehouse 8 in Dufftown, Scotland, for a half-century. At $16,000, it is one of the most expensive… Read More

I’m going to show you how to buy $2 billion worth of assets for pennies on the dollar. I’m not kidding. If you want in on the action, you just have to come to Houston. I’ll meet you at 600 Travis St,, Suite 5800, at 10 a.m. on Thursday. That’s… Read More

When it comes to mutual funds, you could be looking for love in all the wrong places according to the renowned bond fund manager, Bill Gross. In his August 2009 Investment Outlook, Gross compared his own industry to Madame Rue, the gold-toothed gypsy in… Read More