Image Credit: Wikimedia Commons By Jason Zweig | Nov. 16, 2017 11:42 am ET “Salvator Mundi,” the painting widely attributed to Leonardo da Vinci, sold at Christie’s auction house in New York this week for more than $450 million. If we were to regard a work of art as an investment, has the Leonardo generated a good return since the master...
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Image Credit: Christophe Vorlet By Jason Zweig | Nov. 10, 2017 11:27 am ET Index funds are supposed to meet expectations almost exactly — but once in awhile they can hand investors an unpleasant surprise. These mutual funds and exchange-traded funds passively track the performance of a basket of stocks, bonds or other assets. They seek to...
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Image Credit: Barrington Bramley, “Isaac Newton” (after Godfrey Kneller, 1689), Wikimedia Commons By Jason Zweig | Nov. 8, 2017 1:43 pm ET Was one of the most immortal scientists in history also one of the world’s most mortal investors? In a recent column on the effort to predict stock-market behavior with principles from...
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Image credit: U.S. Army Warrant Officer Irving J. Zweig, ca. 1945 (courtesy Felice A. Zweig) I never served in the U.S. military, but my father fought in World War II. A former journalist himself, he was a great storyteller, but my dad never talked about the battles he’d been in. He was a warrant officer who commanded a minesweeper, a small...
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Image Credit: Christophe Vorlet By Jason Zweig | Nov. 3, 2017 11:23 am ET Bill Miller isn’t always right, but he’s never boring. The former manager of the Legg Mason Capital Management Value Trust mutual fund beat the S&P 500 stock index for an unprecedented 15 years in a row only to lose a bloodcurdling 55% in 2008. The largest mutual...
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