(Bloomberg) -- Lucrative opportunities in technology stocks center around identifying shifts from an old way of doing things to a better way, like from email to instant messaging or from phoning in food orders to doing it online. Investing with that in mind for nearly a decade has helped Silicon Valley-based Light Street Capital beat the Nasdaq, according to Barron's in its May 27 issue. Since its July 2010 inception, the firm's long-short strategy has topped the Nasdaq's 17.5% net annualized return with one of 19.1%.
Brazilian multimillionaire Ricardo Bellino lived more than 10 years in Miami before relocating to Portugal, which has emerged as a haven for affluent Brazilians. Bellino, 53, who bought a home near Lisbon, will gain from a flat income-tax rate of 20 percent in Portugal, where he also may be eligible for a tax-free pension after he retires. He told Bloomberg his relocation to Portugal from Miami enabled him to reside in "a tax haven that [...]
While the shift from active to passive funds has widely been seen as bad for active fund managers in general, the cloud does have a silver lining. Managers of one well-invested fund of funds have pointed out some interesting angles [...] The post Hedge Fund Managers Fear Credit Bubble Explosion appeared first on ValueWalk.
In this week's newsletter: Y Combinator has a new president, DoorDash raises $600M and startups go on acquisition sprees. : Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week's most noteworthy venture deals, fundraises, M&A transactions and trends. Let's take a quick moment to catch up. Last week, I wrote about an alternative to venture capital called revenue-based financing and before that, I jotted down some notes on one of VCs' favorite spaces: cannabis tech. Remember, you can send me tips, suggestions and feedback to email@example.com or on Twitter @KateClarkTweets.
A listed company on the London Stock Exchange (LSE), Sirius Minerals plc is a fertilizer development company based in the United Kingdom. Revealed in filings, the Qatar Investment Authority (QIA) acquired a 3.3% stake in Sirius Minerals as part of its US$ 425 million share placing at the end of April 2019. Sirius Minerals is [...]
Not even the Oracle himself can reliably pick stocks. : Warren Buffett, one of the most successful stock pickers of all time, really wants you to stop picking stocks. It's counterintuitive, I know. But that's what Buffett told the Financial Times in a recent interview.
* A Brief History of Doom: Two Hundred Years of Financial Crises By Richard Vague Summary via publisher (University of Pennsylvania Press) Financial crises happen time and again in post-industrial economies--and they are extraordinarily damaging. Building on insights gleaned from many years of work in the banking industry and drawing on a vast trove of [...]
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the fastest-appreciating asset he'd ever own.
CEO pay increased at almost twice the rate of ordinary wages. In 2018 - a pretty good year for the labor market - the average American private-sector worker got a 3.2 per cent raise.