The Centers for Disease Control and Prevention reports that more than 96 million people in the United States have been fully vaccinated against COVID-19 as of April 27. And the number of new cases in the U.S. is down significantly since January. That’s largely because of rapid medical innovation. As Alexander Green has mentioned before, … Read More
This week, I read through the most recent investment commentary from Orbis Investment Management. Orbis is a top-notch firm. Founded in 1989, Orbis’ flagship fund has beaten the market by 4.4% annually since inception. That’s a massive level of outperformance… For perspective, a $10,000 investment that earns 14.4% for 30 years turns into $732,798. Meanwhile, … Read More
An investor’s primary job is buying stocks of quality companies — the price paid to own them rarely matters much in the end. If you can find a great stock at a bargain price, however, so much the better. Here’s a closer look at three companies that have sold off recently even though they’re stocks … Read More
Banks in Europe are doing the unthinkable… They’re turning away large cash deposits. I’m not kidding… Deutsche Bank, one of Germany’s top lenders, is effectively turning away many deposits of 100,000 euros or more. And if it does accept your deposit, then it will charge you a 0.5% annual fee to keep your money in … Read More
Not all blue-chip companies are the same. Some are better positioned for the future, either through diversification, their competitive position, or because they happen to operate in a sector that is on the cutting edge of where society is headed. While most blue-chip companies are well-run and established businesses, not all of them will continue … Read More
On the surface, Intel Corp. (Nasdaq: INTC) and Dollar Tree Inc. (Nasdaq: DLTR) don’t have much in common. One is a high-tech chip maker. And one is a low-tech discount retailer. When you scratch just a bit below their sector and industry group classifications, you’ll see both are constituents of the Nasdaq 100 Index. That … Read More
Amid the growth sector meltdown, shares of online real estate technology company Opendoor Technologies (NASDAQ:OPEN) have cratered. Back in early February, the OPEN stock price nearly touched $40. Today, shares trade below $20 (as of Apr 12, 2021). This selloff is a golden buying opportunity, and below $20, Opendoor stock offers long-term investors 10X upside … Read More
We’re finally seeing the Pfizer (NYSE: PFE) and Moderna (NASDAQ: MRNA) vaccines in action. We’ve been hearing about these medicines and how they work in the lab. Drug trials showed that around 95% of vaccine patients were safe from COVID-19 infection before the shots rolled out to the public. But now, we’re finally getting reports … Read More
The millions of new investors and traders who joined the stock market in the past year may not be who the majority of financial media think they are. Images of young men and women home from college using their stimulus checks to trade meme stocks may be overblown. According to Investopedia’s recent survey of its … Read More
Most people already know about the massive amounts of money the Federal Reserve has injected into the market in recent years. But few people understand just how big it has really gotten. Since December 2019, it has put in more than $11.2 TRILLION. And more comes in every single day. Most of us understand that … Read More