By Jason Zweig | Oct. 27, 2017 11:32 am ET Image credit: Pixabay Fund manager Bill Miller, who beat the market for 15 years in a row only to lose 55% in 2008, is bullish on bitcoin. The former manager of the Legg Mason Value Trust mutual fund, Mr. Miller now runs his own investment firm, Miller Value Partners LLC, in Baltimore. Among its $2.3...
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Image Credit: Crowd outside the New York Stock Exchange, October 1929, Library of Congress By Jason Zweig | Oct 27, 2017 11:08 am ET At the end of October, the stock market crashed. By Oct. 26, the Dow Jones Industrial Average had already fallen 13% for the month. On Oct. 28, it dropped 13% more. On Oct. 29, it collapsed another 12%. That...
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By Jason Zweig | Oct. 29, 2017 6:09 p.m. ET Image credit: Vincent van Gogh, “Starry Night Over the Rhone” (1888), Musee d’Orsay via Wikimedia Commons Earlier this month, a hedge-fund executive told me that one of the biggest reasons hedge funds have learned such shrimpy returns lately is that most of them have become so...
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Jason Zweig | Oct. 26, 2017 9:00 a.m. ET Image credit: Currier and Ives, “Be Not Wise in Thine Own Eyes” (1872), Library of Congress October 26, 2017 I had fun recently chatting with Heather Bell of ETF.com. Her interview follows. A decade ago, Wall Street Journal columnist Jason Zweig wrote “Your Money And Your Brain,” a...
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Image Credit: Christophe Vorlet By Jason Zweig | Oct. 20, 2017 11:06 am ET In mid-October, the Certified Financial Planner Board of Standards disciplined six financial advisers for allegedly claiming to be “fee only” when they also received commissions. That’s a reminder of how loosely investors — and many advisers — understand one of the most...
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