In 1965, a college kid named Fred turned in a paper for his economics class. His idea was simple: as the American economy modernized, it would need a dedicated air-based delivery network capable of moving packages overnight.
Let me ask you a question. Why would a 150-year-old Wall Street bank — one that makes its bread and butter taking companies public — buy a venture capital firm that focuses on private startups?
Not so long ago, the best way to build wealth in America was simple. As classic investment books like Stocks for the Long Run explained, we should buy shares of great public companies and hold onto them for the long run.
The Paris Air Show is the world's largest and oldest trade show for aerospace. This year’s show featured more than 2,400 exhibitors from nearly 50 countries.
A few weeks ago, I warned you to NOT invest in Klarna’s IPO. At the time, Klarna — the Swedish “buy now, pay later” fintech giant — was getting ready to go public.
Bloomberg just revealed a striking new trend: Over the last decade, America’s largest pension funds have more than doubled their exposure to private equity. These are some of the most sophisticated investors in the world.
A few weeks ago, I was chatting with a new reader of Crowdability. He’d built his portfolio the “traditional” way — some index funds, some bonds, a little real estate.
The spotlight this week is on hot IPOs. According to MarketWatch, it’s one of the busiest IPO weeks in years For example, Klarna, the Swedish “Buy Now, Pay Later” (BNPL) giant, is launching a U.S.
If you were asked to name the single best investment of the past few years, you might think of stocks, gold, maybe crypto. But the best-performing “investment” wasn’t any of those.
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.