By Jason Zweig | May 29, 2010 12:01 a.m. ET Image credit: Cover of LIFE Magazine (photo by John Dominis), June 8, 1962, collection of Jason Zweig On May 28, there was a “flash crash.” If you didn’t notice it, that is because it occurred not in 2010, but in 1962. Its aftermath offers some clues on what might happen in the wake of...
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Image Credit: Christophe Vorlet By Jason Zweig | May 22, 2010 12:01 a.m. ET Seth Klarman is worth listening to, especially when markets go mad. Mr. Klarman is president of the Baupost Group, an investment firm in Boston that manages $22 billion. His three private partnerships have returned an annual average of around 19% since inception in...
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Image Credit: Christophe Vorlet By Jason Zweig | May 15, 2010 12:01 a.m. ET As Congress enters the final rounds of mud-wrestling over financial reform, small investors might end up splattered and trampled yet again. At issue is whether a financial adviser — which nowadays means anybody from a stockbroker or insurance agent to a...
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Image Credit: Heath Hinegardner By Jason Zweig | April 24, 2010 12:01 a.m. ET Without full and proper disclosure, investors can’t make an informed decision. Even with full and proper disclosure, however, many investors still can’t make an informed decision. That is the unspoken irony at the heart of the Securities and Exchange...
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Image Credit: Heath Hinegardner By Jason Zweig | Apr. 10, 2010 12:01 a.m. ET You might not be surprised to hear about an investor who made money betting that the Nasdaq stock index would collapse during the financial crisis—unless you found out that he is a U.S. congressman who is intimately involved in overseeing the capital markets. As Congress resumes...
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