The chief economist for Goldman Sachs Group Inc., Jan Hatzius, believes that the global economy may have already bottomed out, according to recent article in Bloomberg. In a recent note,…
Day: March 13, 2019
Investors' Big Bet on GE
A recent article in The Wall Street Journal reports that General Electric Co.’s agreement earlier this month to sell a small but rapidly-growing biotechnology business for $21 billion “provided a…
The Buy and Hold Optometrist Billionaire
Forbes recently profiled self-made billionaire and philanthropist Herbert Wertheim, 79-year-old who amassed his fortune from a “lifetime of prudent do-it-yourself buy-and-hold investing.” The article chronicles Wertheim’s life as an optometrist…
Stock-Pickers Know How to Buy, But Not Sell
Most money managers are better at buying than selling, according to an article by Bloomberg columnist Barry Ritholtz. This is the conclusion of a report published in January that concludes:…