Image Credit: Bugle megaphone, Fort Totten (1917), Library of Congress By Jason Zweig | Oct. 5, 2020 10:25 pm ET Note: I recently won the Elliott V. Bell Award from the New York Financial Writers’ Association and gave a little speech on the good work financial journalists can still do. The text follows. You can also click here for the...
Read MoreThe Art of the Bubble
Image Credit: William Hogarth, “The South Sea Scheme” (ca. 1721), The British Museum By Jason Zweig | Sept. 1, 2020 10:00 pm ET Note: This is an expanded version of my recent Wall Street Journal article “Born of Boom and Bust.” It is a long post, because I’ve been fascinated by this engraving my entire adult...
Read MoreBorn of Boom and Bust
Image Credit: William Hogarth, “The South Sea Scheme” (ca. 1721), The British Museum By Jason Zweig | Updated Aug. 31, 2020 3:58 pm ET Under a turbulent sky, a city is going mad. A public square teems with people gambling, picking pockets, beating and whipping each other. Overhead, wolves slink around. The city is recognizable as London...
Read MoreWarren Buffett and the $300,000 Haircut
Image Credit: Martha Cooper, “Louis McDowell gives Michael Young a haircut” (1994), Working in Paterson Project, American Folklife Center, Library of Congress By Jason Zweig | Aug. 28, 2020 11:00 am ET This Sunday, Warren Buffett turns 90. The chairman of Berkshire Hathaway Inc. is one of the most successful investors of...
Read MoreThis Fund Is Up 7,298% in 10 Years. You Don’t Want It.
Image Credit: Alex Nabaum By Jason Zweig | Aug. 14, 2020 11:00 am ET Few funds in history can rival the returns of ProShares UltraPro QQQ, a $7 billion exchange-traded fund that seeks to triple the daily performance of the Nasdaq 100 index. Yet fewer can rival its risk, and you can lose money on it even in a flat or rising market. You...
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