Image Credit: Christophe Vorlet By Jason Zweig | March 17, 2017 12:56 pm ET Wall Street is offering individuals a new way to invest in commercial real estate as protection from swings in the stock market. But the approach also carries its own risks. These funds largely invest directly in property, rather than in real-estate investment trusts, or REITs,...
Read MoreGreat Groveling, Guys: Counting All the Ways Analysts Fawn Over Management
By Jason Zweig | March 10, 2017 11:59 am ET Image credit: Lithograph, “Christopher Columbus at the Court of Isabella II” (ca. 1840), Library of Congress The phrase “Great quarter, guys” has been uttered by analysts so often on earnings conference calls that it’s become a standing joke on Wall Street. There’s even a...
Read MoreBest Mutual Fund Disclosure Ever: ‘Don’t Come Crying to Us if We Lose All Your Money’
By Jason Zweig | Mar 10, 2017 10:44 am ET Image credit: Caravaggio, “The Incredulity of St. Thomas” (ca. 1601), Sanssouci Picture Gallery, Wikimedia Commons My “Intelligent Investor” column this weekend looks at new approaches to financial disclosure. Rather than the deadly dull, seemingly endless streams of verbiage that fill...
Read MoreIt’s Time for a Revolution in Investor Disclosures
Image Credit: Christophe Vorlet By Jason Zweig | March 10, 2017 9:47 am ET As far as most investors are concerned, the standard warning in prospectuses — “past performance does not guarantee future results” — might as well read “Wjxsndf omv gyjrhubji qmta gjq ek blgy zbq oynru.” A new initiative at the Securities and Exchange Commission could be one...
Read MoreDisturbing New Facts About American Capitalism
Image Credit: Christophe Vorlet By Jason Zweig | March 3, 2017 8:41 am ET “Let your winners run” is one of the oldest adages in investing. One of the newest ideas is that the winners may be running away with everything. Modern capitalism is built on the idea that as companies get big, they become fat and happy, opening themselves up to lean and hungry...
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