Image Credit: Alex Nabaum By Jason Zweig | July 19, 2019 11:00 am ET Twitter isn’t just a megaphone for bragging about yourself and insulting your enemies, real or imagined. All investors should appreciate that some financial thinkers have turned the social-media site into a force for enlightenment and fun—if you follow the right people....
Read MoreSchwab Scraps Hawaii Trip for Firm’s Top Employees
Image Credit: Carrie Helen Thomas Dranga, “Kaneohe Bay, Oahu” (Wikimedia Commons) By Anne Tergesen and Jason Zweig | July 12, 2019 7:56 pm ET Charles Schwab Corp. is scaling back a sales-incentive program designed to reward its top employees with all-expenses-paid trips. In an email to its staff Friday, the discount brokerage and...
Read MoreThe Only Thing the Smart Money Is Smart About
Image Credit: Alex Nabaum By Jason Zweig | July 12, 2019 10:30 am ET To err is human; to get paid for it is divine. That could be the motto of professional portfolio managers who rack up high fees for results that a blindfolded chimpanzee would be ashamed of—if chimps could blush. Several new studies show that the so-called smart money is...
Read MoreThe Fireworks Over Share Buybacks Are Duds
Image Credit: Alex Nabaum By Jason Zweig | July 5, 2019 11:00 am ET Share buybacks are as American as mom, apple pie and hot dogs on the Fourth of July. You’d never guess that given the many politicians on both the left and the right who say share repurchases are a newfangled, evil spawn of deregulation. Buybacks, argue their...
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