Image credit: “February” (detail), Book of Hours, Belgium, ca. 1490, The Morgan Library By Sarah Krouse and Jason Zweig | April 27, 2016 5:30 a.m. ET Charles Schwab Corp. plans to stop selling share classes of mutual funds that require investors pay a commission to brokers, the latest hit to the business of paying people to manage...
Read MoreBill Miller Nabs Valeant Shares, Spying Opportunity Where Others See Chaos
Image credit: Pixabay By Jason Zweig | Apr. 26, 2016 1:39 pm ET Not every value investor bought Valeant Pharmaceuticals International high. Bill Miller, manager of the $2 billion Legg Mason Opportunity Trust, says he sank about 3.5% of the fund into Valeant in late March and early April, mostly at prices between $28 and $32 per share. Mr. Miller...
Read MoreIs Your Broker Good or Bad?
Image Credit: Christophe Vorlet By Jason Zweig | Apr. 22, 2016 9:29 am ET Most people expect the food in a three-star restaurant to be tastier than one-star grub and a two-thumbs-up movie to be better than a flick that got a solitary upward-pointing thumb. Good luck, however, finding a handy way to rank stockbrokers. That needs to change, because new...
Read MoreThe Devil and Tom Walker
Image credit: “Tom Walker’s Flight,” John Quidor, ca. 1856, Fine Art Museums of San Francisco By Jason Zweig | July 15, 2015 10:14 p.m. ET If you think that the demonization of bankers, brokers, traders, hedge-fund managers and other Wall Street moneymakers is a new development in American life, read on to see how a great writer of...
Read MoreThe S&P 500 Already Hit a Record – If You Count Dividends
Image credit: Caspar David Friedrich, “Wanderer above the Sea of Fog,” ca. 1818, Kunsthalle, Hamburg, Wikimedia Commons By Jason Zweig | Apr 21, 2016 8:34 am ET Forget all the suspense about whether the Dow Jones Industrial Average and the S&P 500, each barely 1% below the all-time highs they set last May, will rise to set new records....
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