Volatility Reigns Supreme As Robinhood IPOs
The same people who wanted zero commission trading company Robinhood destroyed were responsible for ramping its shares earlier this week. If you'll recall, at the height of "meme stock mania" earl...
Should Nancy Pelosi and Her Husband Be Allowed To Buy Millions of Dollars Worth of Stock Options?
A few weeks ago, Speaker of the House Nancy Pelosi released a "Periodic Transaction Report" that detailed a number of very large stock options purchases. In the past, we've detailed a number of ve...
Michael Burry Isn't Short $500 Million Plus of Tesla
The media had a field day reporting on Michael Burry's reported $500 million short position of Tesla. Burry, who was immortalized in the movie "The Big Short", purchased 8,001 puts on Tesla someti...
Warren Buffett: My Original Plan Was To Retire at 25
If things had gone just a bit differently, there is a very good chance that you would have never have heard of the "Oracle of Omaha", Warren Buffett. You see, Warren Buffett's original dream wasn'...
Did Tesla Sell All Its Bitcoin Holdings?
February of 2021 was a great time to be a Bitcoin holder. Now? Not so much. In February of 2021, Elon Musk finally decided that he liked Bitcoin after years of panning the cryptocurrency. ...
What Pandemic? Value of World's Most Valuable Sports Franchises Soars
You'd think that the runaway valuations of the world's biggest sports franchises, including the likes of the Dallas Cowboys, New York Yankees and New York Knicks, would have dropped in 2020. After...
State of the Market: Dogecoin Surges on Hopes of Elon Musk "Saturday Night Live" Mention
In 2013, software engineers Billy Markus and Jackson Palmer started "Dogecoin". The cryptocurrency featured the face of the Shiba Inu dog and was essentially an inside joke on the Internet for a n...
Greg Abel Will Be The Next CEO of Berkshire Hathaway
The next CEO of Berkshire Hathaway will be Greg Abel. In the past, Warren Buffett had famously said that the identity of his successor at Berkshire Hathaway was written on a piece of paper that wa...
Charlie Munger Really Doesn't Like Bitcoin
Charlie Munger really doesn't like Bitcoin. Charlie Munger, the Vice Chairman of Berkshire Hathaway and Warren Buffett's "right hand man", is 97 years of age. Munger has never been one to hold...
Which US President Paid Off The National Debt?
There was a time, believe it or not, when the United States had zero debt. On January 8th, 1835, President Andrew Jackson paid off the national debt. This was an impressive feat for the countr...
Does The President Have To Give a State of the Union Address Every Year?
A rumor has been making the rounds for the past couple of months. The rumor is that President Biden has violated some kind of a rule by not giving a State of the Union address this year. In fa...
Which US Presidents Hated Their Job The Most?
Serving as the President of the United States can be exhausting and thrilling and fulfilling, all at the same time. While the job certainly has its difficult moments, most Presidents who leave off...
What Was Berkshire Hathaway's Worst Ever Year?
Warren Buffett and Berkshire Hathaway have had mostly tremendous years through the company's 50+ year run with Buffett at the helm, though there have been some bad years as well. In terms of under...
What is the Global Minimum Corporate Tax?
Earlier this week, Treasury Secretary Janet Yellen called for the United States to support a global minimum corporate tax rate. This coincides with President Biden's desire to raise the US corpora...
United States: No Vaccine Passports
Vaccine passports may be coming to China and the European Union, though the United States won't be joining in. Earlier today, the Biden Administration stated that they would not be supporting a fe...