Image Credit: Edward Matthew Ward, “The South Sea Bubble” (1847), Tate Britain By Jason Zweig | July 17, 2020 10:00 am ET Back in Business is a new, occasional column that puts the present day in perspective by looking at business history and those who shaped it. Read the first installment here. Mr. Zweig’s Intelligent...
Read MoreMarkets Bombed, Investors Carried On
Image Credit: Alex Nabaum By Jason Zweig | June 26, 2020 10:59 am ET One of the biggest surprises in the first half of 2020 was what didn’t happen: Most individual investors, despite their reputation as nervous Nellies who sell into every panic, didn’t dump their stocks even when the market meltdown was at its worst. The...
Read MoreInvest With the Upper Crust and Sometimes You Just Get Crumbs
Image Credit: Alex Nabaum By Jason Zweig | Updated June 19, 2020 3:41 pm ET Investment performance can be fleeting, but fees are forever. That’s the lesson from a recent reversal at a prominent fund. Chaotic markets can cancel years’ worth of gains in days, but expenses don’t dwindle when profits disappear. And, new...
Read MorePlaying the Market Has a Whole New Meaning
Image Credit: PIRO4D, Pixabay By Jason Zweig | June 12, 2020 11:00 am ET Las Vegas has reopened, and not just in Nevada. Wall Street also resembles a casino — even more than it normally does. Many stocks, especially of smaller companies in financial distress, have been bouncing around like dice on a craps table. These moves seem partly...
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