I’m on the hunt for an apartment in New York City. You see, my wife and I just celebrated our one-year anniversary… And as she informed me, that means it’s time we move out of my bachelor pad, and find a place together that we can make our own.
August vacation and retirement have a lot in common: Warm, sunny weather… No rushing around… Plenty of time to do the things you love. But there’s one big difference: A summer vacation might only cost you a few thousand bucks… But retirement costs a fortune.
Last week, Wayne and I dropped a bombshell on you: We showed you why every investor today (including you) needs to allocate at least some of their money to the private markets.
When you screw up the majority of the time, things don’t generally turn out so well. For example, think back to your days of taking tests in school: If you answered two-thirds of the questions wrong, you failed.
Last week, a start-up called WeWork raised $1 billion. This young company is now valued at about $21 billion… which means its earliest private investors are sitting on estimated gains of 2,000X their money.
There’s no chance [this device] is going to get any significant market share. — Steve Ballmer, Microsoft’s ex-CEO There is nothing revolutionary or disruptive about this technology.
It was 1964 when Bob Dylan wrote the song, The Times They Are A-Changin’… And boy, was he right: Over the coming years, we put a man on the moon… We invented the Internet and the World Wide Web… And new technology products have catapulted our world forward, destroying old…