The Secret Is, ‘Everybody Gets Rich Except the People Who Put Money In’

money $20 bills hedge funds private equity

In a recent speech to private equity investors, Securities and Exchange Commission (SEC) Chairman Gary Gensler said hedge funds and private equity firms must provide far greater transparency about the fees that they are charging their clients.”More competition and transparency could potentially bring greater efficiencies to this important part of our capital markets,” said Gensler, … Read more

S&P 500: Companies Losing Tons Of Money (Like Lucid) Make Investors Rich

S&P 500: Companies Losing Tons Of Money (Like Lucid) Make Investors Rich

Own stock in money-losing companies like AMC Entertainment (AMC), Lucid (LCID), Exxon Mobil (XOM) and American Airlines (AAL)? No problem — their stocks are all blasting past the S&P 500. X Welcome to a bizarro stock market, where losing lots of money is a badge of honor for companies. Upward of 74 stocks in the … Read more

The 6 biggest money secrets most rich people won’t tell you

The 6 biggest money secrets most rich people won’t tell you

Life would be a whole lot easier if someone would just Venmo us $1 million, but unfortunately the chance of that happening is, well, probably zero. (Venmo doesn’t allow transactions that large anyway.)But even though our chances of becoming a millionaire are slim, we can still manage our money like one. No, we’re not going … Read more

How $2 Trillion in Tax Increases in Biden’s Bill Target Companies and the Rich

How $2 Trillion in Tax Increases in Biden's Bill Target Companies and the Rich

WASHINGTON — President Biden’s new plan to pay for his climate change and social policy package includes nearly $2 trillion in tax increases on corporations and the rich. But many of the more contentious and untested proposals that Democrats have been considering in recent weeks were left on the cutting-room floor.The latest proposal reflects the … Read more