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marketwatch.com February 24, 2024

Paying Too Little Tax — And 10 Other Common Financial Mistakes You Should Avoid

Learn from these pitfalls. : Apple Computer founded on April 1, 1976, by Steve Jobs and Steve Wozniak. What’s less well known is that originally there was a third co-founder, an engineer named Ronald Wayne. Wayne’s tenure at the company was short, though. Concerned by the risk—and by Jobs’s personality—Wayne sold his stake in the company after just 12 days. In exchange for his 10% stake, Wayne received $2,300. Today, Apple AAPL, -1.00% is worth close to $3 trillion.
Read by 45% of LPs

seekingalpha.com 3 hours, 37 minutes ago

Hp, Inc Stock: Ai Bargain With A 4% Yield Before Pc Upgrade Cycle Kicks In (nyse:hpq)

HP Inc. (NYSE:HPQ) is a leading maker of personal computers, printers and other related items. This stock has languished compared to other tech stocks and it has been thought of as boring, much like Microsoft (MSFT) was just a few years ago. However, it looks like things could get much more exciting in the coming years, and what seems to be confirming this new potential excitement is the recent disclosure that a hedge fund billionaire has been buying this stock.
Read by 54% of LPs

slate.com 5 hours, 57 minutes ago

Women's Basketball Could Be Huge. Will Men Let It?

WNBA players make a pittance compared to their male peers. : This is Emotional Investment, Joel Anderson's column about money and how we think about it. To suggest a subject, or get in touch, email emotional.investment@slate.com. Caitlin Clark is a lot like Steph Curry. Or maybe she's more like a combination of Magic Johnson and Larry Bird. Then again, you can see why people see some Pete Maravich in her game. But no matter the comparison, Clark is already one of the most famous basketball players in America. Even if you don't follow her sport, you know who she is.
Read by 31% of LPs

seekingalpha.com 6 hours, 26 minutes ago

Bigz Cef: Risk Appetite Still Missing For Venture Capital (nyse:bigz)

A while ago, I wrote a cautious article on the BlackRock Innovation & Growth Term Trust (NYSE:BIGZ). At the time, we were in the midst of the 2022 equity bear market and risk appetites were being pulled back, so I did not think it was the best time to invest in the BIGZ fund given its risky venture capital-like portfolio. In hindsight, November 2022 was near the lows of the equity bear market, markets have since rebounded to all-time highs. What about the performance of the BIGZ fund?
Read by 30% of LPs

seekingalpha.com 6 hours, 26 minutes ago

Tullman And Fitz-gerald Talk Tech: Capitalize On Tech Sector's Pullbacks | Seeking Alpha

Larson - Hello and welcome to our latest MoneyShow MoneyMasters Podcast segment. I'm Mike Larson, Editor-in-Chief at MoneyShow. And today we're doubling up with a pair of private and public market investing experts in the technology sector. They're Howard Tullman, general managing partner at G2T3V, and Keith Fitz-Gerald, principal at the Fitz-Gerald Group. Gentlemen, welcome to the podcast. Larson - I'll tell you, we had a great discussion going before we even came on camera here. And I guess that's where I'm going to kick it off.
Read by 62% of LPs

seekingalpha.com 6 hours, 27 minutes ago

Long Cast Advisers Q1 2024 Letter

For the 1Q24 quarter (ended March 31, 2024), cumulative net returns improved 9%. Since inception in November 2015 through quarter end 1Q24, LCA returned a cumulative 188% net of fees, or 13% CAGR. As a backdrop to returns, on a cumulative net basis, since inception we comfortably exceed two widely used representative indices for passive small company investing, the iShares MicroCap ETF (IWC) and Russell 2000 Index (RTY), and are roughly in line with the S&P. Past performance is no guarantee of future results. Individual account returns may vary.
Read by 36% of LPs

seekingalpha.com 6 hours, 27 minutes ago

Private Equity More Boondoggle Than Brilliance

I've frequently spoken and written about leverage-on-leverage contagion risks from the private equity and credit markets, with feedback loops to real estate. Some of the articles are here. As interest rates slumped in the decade leading up to 2022, this space increasingly attracted yield-starved capital from institutions and individuals alike. Our capital management firm was inundated with endless solicitations from the space. However, each time, due diligence led us to conclude that what was presented as sophistication and innovation was more boondoggle and Ponzi-like.
Read by 59% of LPs

seekingalpha.com 6 hours, 37 minutes ago

Gvip Etf: Goldman Fund Buying High Conviction Hedge Fund Darlings (nysearca:gvip)

Did you ever wonder what professional money managers do? The asset management world is split between what is called 'fast money' or hedge funds, and 'real money' or traditional asset managers and pension funds. Hedge funds are called 'fast money' because their holdings can turn around very quickly, sometimes in weeks. Hedge funds are known to be the most aggressive vehicles in the market, and occasionally they do tend to make outsized returns.
Read by 59% of LPs

seekingalpha.com 6 hours, 56 minutes ago

Weekly Commentary: Opposite Day

So much for "risk off," at least for this week. The Semiconductor Index surged 9.9%, more than recovering from last week's 9.2% drubbing. The Nasdaq100 jumped 4.0%, getting back much of last week's 5.4% loss. After dropping 13.6%, Nvidia this week surged 15.1%. Not for the faint of heart. Bloomberg: "'AI Craze' Powers Best Week in 2024 for Stocks." Also from Bloomberg: "Wall Street Humbled as Fast-Reversing Markets Confound the Pros." Did we learn much this week? The bulls have plenty of fight. We would expect nothing less, especially at this point in the cycle.
Read by 77% of LPs

realty.economictimes.indiatimes.com 6 hours, 56 minutes ago

Homeservices Of America: Berkshire Hathaway's Realty Firm To Pay $250M To Settle Real Estate Commission Lawsuits, Et Realestate

HomeServices of America said Friday that the proposed settlement would shield its 51 brands, nearly 70,000 real estate agents and over 300 franchisees from similar litigation.
Read by 45% of LPs

scmp.com 6 hours, 57 minutes ago

Chinese Cornerstone Investors Are New Pillars Of Hong Kong Ipos And It's Not All Good News | South China Morning Post

Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role could work against the city's capital market, market experts say.
Read by 30% of LPs