I get it, most people think that bonds are boring. And for the most part, they’re right… Until they’re not, which is the time to listen. During the 2007-08 financial crisis, some of the most exciting trades came from the bond market. The reasons? First, the bond market is larger than the stock market. Second, … Full Story »
Don’t. The much-anticipated initial public offering (IPO), which some reporters and analysts have compared to the Facebook IPO, is expected to come within the next few months. And just like every other IPO in the past and the ones that’ll come in the future, investors are falling over themselves to decide whether they want in … Full Story »
We’ve all heard the original story of picks and shovels with Samuel Brannan during the Gold Rush in 1849. Selling picks and shovels to gold miners instead of going for the gold was more profitable. It created a "moat." But the key is that Sam sold items to the miners that they couldn’t get themselves. … Full Story »
