Investment bank Morgan Stanley recently did something very peculiar:

It told Google to give away one of its smart speakers to everyone in America — for free.

The cost of this giveaway? About $3 billion.

For the last hundred years, CEOs from top companies have relied on Morgan Stanley not…

My Grandpa Ben told a heck of a good bedtime story.

With a Scotch in one hand, and a well-worn book in the other, he’d put on a show as he popped his dentures in and out and acted out all the parts.

This was about fifty years ago, well…

My son just turned three and he already speaks better Spanish than I do.

To be fair, he has two secret weapons. The first is the sponge-like brain of a toddler. The second is my wife — she’s a native Spanish speaker, and she only speaks Spanish to him.

I’ve…

Editor's Note: Matt is traveling for the rest of this week. So today, we’ll be re-publishing a popular article from our archives. This is a natural follow-up to Wayne's article from last week, where he introduced you to the concept of a “Venture Capital Fund.” Enjoy!

Two weeks before…

Hallelujah!

With the Fed raising rates, we can finally start earning something on our cash:

For example, as of this week, we can earn more than 3% on a 10-year U.S. Treasury.

There’s just one problem, and it’s a doozy.

Today, I’ll explain what it is — and then we…

Seabiscuit. Secretariat. Seattle Slew.

They weren’t just great racehorses. They were great investments.

The thing is, thoroughbreds are wildly expensive.

That’s why, historically, only millionaires could invest in them — and only millionaires could enjoy all the excitement and potential profits that go along with owning them.

But not anymore…

In 1985, when I was about to go to college, I bought myself an expensive watch.

It was a brown Movado, with a brown leather band, and it cost about $150.

Sure, there’s been some inflation lately. But I was more than a little surprised recently to see a watch…

Fred Wilson is one of the most successful startup investors in the world.

For example, he was an early startup investor in Twitter, Twilio, and Etsy — all of which are now multi-billion-dollar publicly traded companies.

That’s why he regularly tops Forbes’ “Midas List” of early-stage tech investors, and is…

Elon Musk sure knows how to make money — for himself, and for his investors.

For instance, he co-founded PayPal (PYPL), which is now worth over $132 billion. He also founded Tesla Motors (TSLA), which is currently worth more than $1 trillion.

In fact, if you’d invested in Tesla’s IPO,…

This might be hard to believe…

But once upon a time, America did great things.

One of the greatest? When President John F. Kennedy challenged NASA to put a human on the moon in 10 years or less… and NASA delivered.

But that was more than fifty years ago, and…