At best, equity returns over the coming decade will simply reflect earnings growth, assuming valuations can remain elevated. Historically, this has averaged about 3.8 percent over time.
Rather than fixate on recent history and extrapolate it into the future, you must abandon this natural tendency. And as I said earlier you also need to analyze the conditions that allowed for those returns to see whether they are still relevant to today's market.
This year the term reputation was everywhere. It was no longer primarily reserved for corporations and the corporate domain.
The cost of building new conventional generators is astronomical. If you get a jump on this and find a way to make it profitable, fields of opportunity will open as other coal-fired plants shut down. And you just might blaze a trail toward a carbon-neutral future.
Once a nation turns its back on a resolute determination to cultivate moral deservedness, political and financial superintendency passes to those who gain power illegitimately--a fact described eloquently by President Theodore Roosevelt.
What I have done with my stock portfolio in the past month is to go from being 99 percent invested in stocks to about 75 percent. The reason that I sold some stock to move into some cash was however, not at all panic selling.
Do you deny yourself even small treats to try and balance your unsustainable budget, which is often supplemented from a credit card or by siphoning off home equity? Did you know that all of these are signs of being chronically indebted?
Robbins has now directed his enormous force of energy on a vital topic that affects everyone's lives: money.
For a man who is one of the top billionaires in Dubai, Khalaf Al Habtoor should rest easy. He is one of the most respected businessmen in the United Arab Emirates, has become an international figure, and is self-made. But he has more work to do.
I walked into Huntsman Hall at The Wharton School expecting to hear another Wall Street junkie spew rhetoric that half the audience wouldn't understand. Instead, I was startled when an older man in jeans and a T-shirt bolted into the room unexpectedly.
A lot has been written about the Oracle of Omaha, from his famously prescient investments to his near-mythical origin story. But there are still a lot of things the general public doesn't know about Warren Buffett.
If you had a billion dollars, would you give it all away? Warren Buffett and Bill and Melinda Gates did it and then asked others to do it.
Pity the American people for imagining that they have just elected the new Congress. In a formal way, they of course have. The public did vote. But in a substantive way, it's not true that they have chosen their government. This was the billionaires' election, billionaires of both parties. And while the Republican and Democratic Party billionaires have some differences, what unites them is much stronger than what divides them, a few exceptions aside. Indeed, many of the richest individual and corporate donors give to both parties. The much-discussed left-right polarization is not polarization at all. The political system is actually relatively united and working very effectively for the richest of the rich.
208 Pages Published by Portfolio / Penguin Random House The photographs of the young men who have made an instant fortune in Randall Lane's You On...
Given his success, it stands to reason that Buffett has an excellent understanding of how to spend his time each day. From a monetary perspective, you could say that he manages his time better than anyone else.
Electoral success in these times requires that candidates and donors use all of the legal tools and resources at their disposal, but Citizens United and subsequent Supreme Court decisions are dangerously tipping the scales of electoral politics against the will of the many.