As chips sell off, rattled investors should heed this Cisco Systems lesson from the last millennium
The market should recover its poise within the next few days, says Fundstrat’s Tom Lee.
Similar Posts
The SEC wants companies to report less. Who will demand better accounting?
The debate over quarterly reporting has become surprisingly predictable. Supporters of regulatory relief point to cost, managerial distraction and short-termism. Critics warn about information asymmetry, market efficiency and liquidity. The SEC’s proposal to permit semiannual reporting has revived all these familiar arguments. Processing Content But there is another question that deserves far more attention, particularly…
CEOs agree there’s an affordability crisis, but how to solve it isn’t so simple
Good morning. Is the American Dream still about getting ahead, or just about not falling behind? Bill Ackman wants to get back to when success inspired rather than divided people. “When I grew up, if a guy in my neighborhood got a Corvette, no one resented the guy,” the Pershing Square founder told my colleague…
Odyssey invests in packaging and logistics firm TransPak
TransPak has been owned by the Inch family for generations and will continue to operate under the leadership of CEO Bert Inch and the existing executive management team TransPak was founded in 1952 Odyssey Investment Partners has made a majority investment in TransPak Inc, a Silicon Valley-based provider of packaging and integrated logistics solutions.
When Clients Would Rather Feel More Financially Successful Than Take Action To BE More Successful: Kitces & Carl 193
Helping clients become more financially successful is a multi-faceted process, but much of it ultimately comes down to implementation. The challenge is that for clients (and advisors themselves!), “implementation” is more than ‘just’ point-and-go, where a direction is determined, then everyone executes perfectly. Instead, motivating clients towards action requires multiple steps of goal-setting, then dissecting…
Cathie Wood Is Selling This High-Flying Stock. Is It a Buy?
Cathie Wood’s exchange-traded funds (ETFs) ended June by selling $11.2 million worth of stock in synthetic DNA manufacturer Twist Bioscience (TWST +2.61%). On June 30, across its Ark Innovation ETF and Ark Genomic Revolution ETF, over 114,000 shares were sold. That was on the heels of more than 84,000 shares being sold previously in the…
Former New Hampshire GOP Candidate Guilty in $50M Fraud Case
A former New Hampshire gubernatorial candidate (and state GOP bigwig) has pleaded guilty to his role in a $50 million investment scheme, including charges of securities and investment advisor fraud. According to the Justice Department, Jay Lucas raised money from victims, falsely telling them their funds would go to investments in “early-stage” health and wellness…
