We live in a world where promises are never modest. The best example is “Go big or go home,” a long-standing phrase in the technology world which indicates that conservative actions don’t lead to huge rewards. But there’s another phrase that you should be aware of when you ingest your daily dose of media. It’s something you can picture Sam Elliott (you know him as the cowboy narrator in The Big Lebowski) saying as he takes a knowing pull on his beer.
When a natural disaster strikes, the first reaction of the business community is compassion. Many are the stories of good Samaritan companies opening their doors, lending equipment for rescue and relief, and helping to facilitate the rebuilding and restocking needed in their own neighborhoods. That’s what happens on the ground. But a business’ second reaction to a natural disaster is usually more interesting from an investor’s standpoint. While any business disruption means a short-term dip in a region’s economy, there’s also an opportunity
Holland in the 1600s was an interesting time. This period is referred to as the Dutch Golden Age, and the people who were experiencing it were developing a taste for luxury items that their intrepid world explorers would bring back from the far corners of the globe. One of those items was the tulip flower, which was first sent to Europe by an ambassador to the Ottoman Empire. The tulip quickly caught the fancy of the people, as it was different than any
When you invest, you are trying to predict the future. You weigh what might be possible against what could happen, then bet on the outcome most favorable to your views. Thus, the highly prized attribute when choosing an investment is an outlook toward stability. Although there are never any guarantees when it comes to investments, knowing that the people in charge are going to stay in charge for a while and that any problems are being worked out in a thoughtful manner,
You’ve perhaps heard about the best way to make a small fortune. The answer? Start with a large one. Ahem. Yes, that’s an old and hoary joke. But even if you don’t have a fortune as you begin your financial journey, you can certainly create one by starting to invest at a young age. Because as a young investor, time is your biggest asset. It’s true that you are confronted with a sometimes bewildering array of choices, everything from mutual funds to
Everyone wants to be known as a smart investor. But picking the right companies to back is usually one part knowledge, one part focus, and one part luck. Let’s examine the investing styles of several wealthy individuals for clues you might use. Each year, thousands of Warren Buffett fans and shareholders in his Berkshire Hathaway empire descend on Omaha, Nebraska, hoping to hear some pearls of wisdom from a man called “The Oracle” and considered one of the world’s greatest investors. Buffett, the king
As the world’s population grows, sustainable agriculture and teaching how to practice it may be the most pressing issue of our time. And while farmers can talk to each other about the best ways to keep their crops alive and how to maximize profits, doing so in a sustainable and environmentally friendly way is paramount. It’s not enough for one farmer to say future generations need to be considered when decisions about pesticides are made. Big corporations that aid farmers with their
The stories sound impressive. News reports indicate San Francisco is getting a $100 million donation to reduce homelessness. Facebook CEO Mark Zuckerberg donated $100 million to the Newark, NJ. school system. Los Angeles declared a public emergency and plans to spend $100 million to take steps to help combat homelessness. The philanthropy of eBay founder Pierre Omidyar will contribute $100 million to support investigative journalism, fight misinformation, and counteract hate speech around the world. It’s a magic number, that $100 million. It’s