Almost 14 years… The Rydex family of mutual funds contains a bullish S&P 500 fund (the Nova Fund) and a bearish S&P 500 fund (the Ursa Fund). Yahoo Finance reports the Nova Fund now holds more than double the assets of the Ursa fund. That means that more than double the amount of investment funds […]
This is one of the rare ways being in debt helps the borrower Many readers may not realize it… but Mark doesn’t pocket one cent from his role at Palm Beach. His profits are all directed toward his Nicaraguan charity, FunLimón. Its mission is to assist in economic development and provide select social services to […]
“We want Berkshire to be an ever-growing collection of good businesses that we can hold forever.” That’s what master investor Warren Buffett said about his recent acquisition of battery-maker Duracell. The Wall Street Journal reports Buffett’s holding company, Berkshire Hathaway, acquired Duracell from Procter and Gamble Co. (P&G) in an unusual way. Berkshire already owned […]