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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Image Credit: Alex Nabaum By Jason Zweig | Aug. 7, 2020 10:00 am ET It isn’t often that I receive a new book I feel I have to read, but I couldn’t wait to dig into The Psychology of Money. To be published next month, this 242-page, easy-to-read book by Morgan Housel isn’t about investing. It’s about how to think...
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Image Credit: Alex Nabaum By Jason Zweig | July 24, 2020 10:00 am ET Almost five years ago to the day, a market commentator with a prominent platform called gold “a pet rock.” Since then, gold has risen nearly 70%, hitting an all-time high this week. That market commentator? Yours truly. How wrong was I, and what can we...
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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...
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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...
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