Image Credit: Wikimedia Commons By Jason Zweig | Mar. 16, 2018 10:53 am ET Of all the losses triggered by the meltdown of Bear Stearns Cos. a decade ago this week and the crisis that followed, perhaps the biggest was the public’s loss of trust in markets themselves. No wonder so many investors have cowered on the sidelines of the bull market...Read More
Brokers to Investors: Your Cash Ain’t Nothin’ But Trash
Image Credit: Christophe Vorlet By Jason Zweig | March 9, 2018 11:46 am ET Interest rates are on the rise, but customers of brokerage firms aren’t going along for the ride. The Federal Reserve has driven short-term interest rates up a full percentage point since late 2016; one-month Treasury bills were yielding 1.6% this week. But you’d never know...Read More
Is Warren Buffett Too Big to Beat the Market?
Image Credit: Wikimedia Commons By Jason Zweig | Mar. 2, 2018 11:55 am ET Last weekend, Berkshire Hathaway Chairman Warren Buffett spent roughly a fifth of his latest annual letter talking about what he calls “The Bet.” What he didn’t talk about is even more interesting. In the bet, made at the end of 2007, Mr. Buffett correctly wagered that...Read More