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Good financial observers like to point out that a great company can often be a lousy stock. But the distinction gets lost when frothy valuations start to bubble up and memories of previous crashes and bear markets fade. That's happening now with digital currency, according to Henry Carter, general partner at West Loop Ventures, a venture capital fund for fintech. ...
The Financial Crisis Screwed Up Millennials
A study released this week reports that 41 percent of millennials (those age 20-36) "reduced investments" in the stock market because they were turned off by the financial crisis of 2008. In the same study by Wells Fargo Asset Management and Harris Poll, 53 percent of millennials also said they will "never be comfortable investing in the market." ...
Massive Pink Diamond Found in Russian Mine
The world's top diamond producer has found what is thought to be the most expensive pink diamond ever uncovered. Russia's Alrosa said that it unearthed a 27.85 carat pink diamond in the alluvial mines in Russia's Far East. The size of the diamond far exceeds the largest one previously discovered, which was only 4 carats in weight. ... |
