Image Credit: Christophe Vorlet By Jason Zweig | April 23, 2012 2:51 p.m. ET Who can fill Warren Buffett’s shoes? The chairman and chief executive of Berkshire Hathaway, who has run the conglomerate since 1965, announced this week that he has prostate cancer. The disease was detected early, and the 81-year-old Mr. Buffett is otherwise...
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Image credit: P.B. Abery, photograph, 1909, National Library of Wales via Wikimedia Commons Apr. 9, 2012 | 5:46 pm ET By Jason Zweig The news that a rogue trader in China has been sentenced to death reminded us that harsh punishments aren’t unprecedented in the markets. In 1762, a stockbroker in London named John Rice misappropriated at...
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Image credit: Pixabay.com By Jason Zweig | Apr. 6, 2012 12:55 pm ET Often, understanding where a word came from can help us understand what it does – and even what it should – mean. In his brilliant book Against the Gods, the investment writer Peter L. Bernstein said: The word “risk” derives from the early Italian risicare, which means “to dare.”...
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By Jason Zweig | Apr. 3, 2012 7:00 am ET Image credit: John Maynard Keynes, detail of group photo of Bertrand Russell, Keynes, and Lytton Strachey by Lady Ottoline Morrell (1915), National Portrait Gallery, London My column this past weekend about the remarkable investing record of John Maynard Keynes provoked an outpouring of comments – and...
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Image Credit: “John Maynard Keynes, Baron Keynes,” Walter Stoneman (1930), National Portrait Gallery, London By Jason Zweig | April 2, 2012 12:26 p.m. ET No one is a Keynesian now—at least not among money managers. And that is a shame. A new analysis of the investment performance of John Maynard Keynes proves that the famous economist...
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