There's a report floating around claiming that early Tumblr investor Union Square Ventures (USV) netted a 5,000X return when Yahoo paid $1.1 billion for the social-blogging site. The same report, which comes from PrivCo, an private firm that reports on startups, claims to have exacting details about...
Today's gain in the Dow Jones Industrial Average marked its 19th straight positive Tuesday.
Here's what the streaks look like for the rest of the week via Laszlo Birinyi.
My favorite companies to invest in are those that have strong competitive advantages, which allow them to have an easily distinguishable product or service. This allows companies to have pricing power. This pricing power comes from the strong brand name associated with the product, and it allows the...
Sramana Mitra: The situation that scares me a bit is a “blind leading the blind” situation. Dan Hickey: That view doesn’t give the consumer enough credit. In survey after survey, consumers say that...
May 21, 2013
Investors in the Gold ETF - GLD liquidated 300 tons of the metal this year.
The reason? People are tired of losing money watching gold sink while the S&P soars.
Tom Lydon, the editor of ETF Trends, says the disposal of over 600,000 pounds of gold so far this year "amazing" and "incredible." C...