Image: FlickrJust in case you don’t know who Warren Buffett is, he’s currently the third-wealthiest person in the world, behind only Bill Gates and Carlos Slim Helu. He’s been building his massive $67 billion fortune since his first acquisition of a textile company back in 1962, and since then, he’s grown the Berkshire Hathaway brand into a holding company that […]
SEC Says Fantasy Stock Trading Violates Securities Laws; Charges Others for Selling Illegal Security-Based Swapsby Steve Quinlivan | June 17, 2015The SEC issued an Investor Alert which says fantasy stock trading for small amounts of money can violate provisions of securities laws implemented by the Dodd-Frank Act. I bet the Congressional drafters of these provisions who were trying to prevent […]
Berkshire Hathaway chief executive Warren Buffett plays the ukulele in a video prior to the Berkshire Hathaway annual meeting in Omaha, Nebraska on Saturday. Photograph: Rick Wilking/Reuters
Warren Buffett has warned that stock prices will appear expensive if interest rates increase from their current ultra-low levels.“If we get back to normal interest rates, stocks at these prices will look high,” said […]
