Warren Buffett’s best return — on a percentage basis — was scored when he was starting out with little money seven decades ago. The Oracle of Omaha once vowed that he could easily produce a 50% annual return if he was only managing $1 million. “If I was running $1 million today, or $10 million … Read more
Bankrupt investor Walter Thornton tries to sell his luxury roadster for $100 cash on the streets of … [+] New York City following the 1929 stock market crash. Bettmann Archive Getting rich seems easy, while making a small fortune is simple—just start with a larger one. Sounds absurd, right? This dichotomy, as strange as it … Read more
Blue-chip energy names like Exxon Mobil and Chevron have been in a sticky situation lately as WTI Crude oil prices have tumbled since trading nearly $95 in late September, recently tucking under $70 this week. Like the over exaggerated moves in the U.S. Treasury complex as of late, I believe that oil futures and energy … Read more