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Are You as Stupid as Your Financial Adviser Thinks?
published Aug 25th 2016, 5:00 am, by Ben Steverman (Bloomberg) — Investors need to be saved from themselves. That’s the conventional wisdom, and there’s some truth to it. Individual investors can have comically bad timing. They buy when stock prices are high. They panic and sell when markets plunge. They
Matt Levine’s Money Stuff: Yahoo, Drugs and Argentine Bonds
©2016 Bloomberg View O1Z5LV6KLVRT (Bloomberg View) — Yahoo!?? The last time Ilooked at Yahoo, in December, I calculated that the after-tax equity value of its actual businesses, outside of Alibaba and Yahoo Japan, was about $1.7 billion. It turns out that Yahoo was also looking at the value of its
