How a Tiny Piece of Cardboard Could Make You $12.9 Million
Wednesday, August 27, 2025
Last weekend, a single basketball card sold for $12.9 million. Yes, you read that right: nearly thirteen million dollars for a tiny piece of cardboard.
Wednesday, August 27, 2025
Last weekend, a single basketball card sold for $12.9 million. Yes, you read that right: nearly thirteen million dollars for a tiny piece of cardboard.
Wednesday, August 20, 2025
Billionaire hedge-fund manager Steven Cohen has built one of the most successful investment firms on Wall Street. Cohen’s fund, Point72 Asset Management, manages nearly $40 billion in assets and has a reputation for backing huge, winning trades.
Wednesday, August 13, 2025
Can you guess the No. 1 reason a startup goes out of business?
Wednesday, August 6, 2025
Bad news from Morningstar. The classic 60/40 portfolio just posted its worst stretch in 150 years.
Wednesday, July 30, 2025
In a move that could reshape the investing landscape, President Trump just signed an order to allow private equity — including startup companies — to be included in your 401(k).
Wednesday, July 23, 2025
A few years ago, the independent newsroom ProPublica published a shocker of a report. Based on an analysis of 25 years of tax returns, here’s what it uncovered: In 2007, Jeff Bezos paid zero income taxes.
Wednesday, July 16, 2025
The stewardess on my red-eye to Argentina was delivering a familiar speech as we got ready for takeoff. Her voice washed over me as I curled up in a window seat, reading the business plan for a tech startup.
Wednesday, July 9, 2025
This past week, something extraordinary happened: Ordinary investors like you and me were offered the chance to buy “shares” in some of the fastest-growing private companies on Earth. I’m talking about pre-IPO companies like OpenAI, Anthropic, even SpaceX.
Wednesday, July 2, 2025
Every few decades, Wall Street changes the rules. First it was blue-chip stocks.
Wednesday, June 25, 2025
A hairy question is making the rounds of the startup world: Can Artificial Intelligence (“AI”) make companies so productive that a startup with just one employee will be valued at $1 billion or more?