Image Credit: Christophe Vorlet By Jason Zweig | January 28, 2012 If you were a better stock picker than Warren Buffett, would you be punching the clock every day as the faceless manager of a corporate pension plan? Judging by many companies’ recent financial statements, they must believe their pension plans are run by such unheralded baby...
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Photo: Abraham Lincoln reading to his son Tad, 1864, Library of Congress By Jason Zweig 11:46 am ET Jan. 27, 2012 In a speech to the Wisconsin State Agricultural Society in Milwaukee on Sept. 30, 1859, Abraham Lincoln told this anecdote: “It is said an Eastern monarch once charged his wise men to invent him a sentence, to be ever in...
Read MoreBy Jason Zweig | 1:49 pm ET Jan. 25, 2012 Last weekend’s Intelligent Investor column focused on some contradictory details of financial disclosure in the Money Navigator, an investment newsletter co-owned by personal-finance guru Suze Orman and money manager Mark Grimaldi. When I asked Grimaldi last Thursday for the source of the table of annual...
Read MoreBy Jason Zweig | 3:35 pm ET Jan. 23, 2012 As of midday today, Suze Orman’s website has apparently pulled down the table of annual returns for the model portfolios of her Money Navigator newsletter. On Friday, in response to inquiries from the Journal, Orman and her newsletter partner, Mark Grimaldi, sent out an alert to their subscribers, correcting...
Read MoreImage Credit: Christophe Vorlet By Jason Zweig | January 21, 2012 What business has an estimated one million clients, operates on the fringe of securities law and can say just about anything without immediate consequences? It is the investing-newsletter industry. And the public should approach newsletters with caution, even when they come with a celebrity...
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