How to retire in style even with Social Security going broke

We’ve spent a lot of time in our regular conversations talking about the looming retirement crisis around the world. The data is horrific. Pension and Social Security programs in nearly every developed nation are woefully underfunded. In the United States,…

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The state of New Jersey just signed its own death warrant

You would think New Jersey would have learned its lesson… Two years ago, New Jersey’s richest resident – hedge fund billionaire David Tepper – decided to move himself and his business to Miami Beach. Tepper, who personally earned more than…

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Three critical lessons from Europe’s recent mini-meltdown

Trying to trace the origins of the latest political crisis in Italy is like… well… trying to trace the origins of the decline of the Roman Empire. There simply is no good starting point. You can’t talk about the decline…

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It’s Getting Worse For Tesla

As if things weren’t bad enough for beleaguered Tesla… The company lost $1.1 billion in cash in the last quarter, executives are leaving the company in droves, it’s facing production issues with its Model 3 and, as I recently discussed, Elon…

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Warren Buffett isn’t buying. Why should anyone else?

Over the weekend on Saturday morning, amid its usual fanfare and attention, Warren Buffett’s company Berkshire Hathaway released its annual report to the public. This is a pretty big deal each year. Investors and financial reporters typically wait with baited breath to…

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This may be the beginning of the Great Financial Reckoning

Less than two weeks ago, the United States Department of Treasury very quietly released its own internal projections for the federal government’s budget deficits over the next several years. And the numbers are pretty gruesome. In order to plug the…

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Here’s what the ‘Warren Buffet of Crypto’ told us yesterday

If you’ve been on the Internet in the past six months, you’ve no doubt seen loads of ads touting “crypto geniuses” that have found the next token that’s going to explode… One guy in particular seems to be following me…

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Is GE The Next Enron?

Earlier this month, General Electric took a $6.2 billion charge to its insurance unit for the fourth quarter. And the company said it will set aside another $15 billion over seven years to bolster reserves at GE Capital. The charge…

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The Fund That Puts Warren Buffett To Shame

There’s a really unique investment company in Europe you ought to know about… because they are insanely profitable. In fact, a few days ago the company announced that they expect to report an annual profit of $55 BILLION for 2017….

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The fastest way to get rich in cryptocurrencies

We’ve all heard the term “Kodak Moment.” It’s a popularized phrase to describe a picture-perfect moment – one that should be forever captured on Kodak film. Like Kleenex tissue, Kodak was once so large and popular, the company worked its…

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