Tangible assets like gold appreciate over time because they are limited in supply, have universal demand, and are highly exchangeable worldwide. Gold has been seen as a sign of wealth for many centuries. Its intrinsic store of value and negative correlation to stock markets have made it one of the few asset classes that reached … Read more
A Stanford graduate, Dr. Ankur Crawford co-manages the top 1% Alger Capital Appreciation Fund (ACAAX) and the top 3% Alger Spectra Fund (SPECX), which are growth-focused funds. In a recent interview with Business Insider, Crawford said the two funds share similarities and are “different flavours of the same process.” She holds several US patents and … Read more
Many Wall Street fund managers know only to play offence, pushing up stock targets even when economic indicators signal otherwise. Many stock analysts recommend the “buy and hold” strategy despite obvious signs of impending market upheavals, such as a recession or high inflation. Convincing clients to “hold” on to their “offence only” assets ensures a … Read more
Jack Kellogg was only 19 and working as a car valet when he first heard about stock trading from a friend and decided to invest money in the market to make a profit. Watching his parents struggle financially instilled in him the goal of becoming economically secure beyond just earning a paycheck. Kellogg’s desire to … Read more
A new stock exchange in Dallas, Texas, is set to begin securities trading next year, with plans to start listing companies by 2026. The Texas Stock Exchange (TXSE) Group has secured $120 million in funding from over two dozen investors, including Larry Fink’s Blackrock and Kenneth Griffin’s Citadel, making it “the most well-capitalised exchange entrant … Read more
So Gary did it. The famously crypto-hating chairman of the Securities and Exchange Commission, the man who so reviles digital coins that he called the market the “Wild West” of investing, filled with looters, drug dealers and con artists, took a giant step last week toward mainstreaming crypto as an asset class. On Wednesday, the … Read more
