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Tag: investing

Why investing in the next big start-up could be a disaster for your finances

Why investing in the next big start-up could be a disaster for your finances

Finance
Mom-and-pop investors hoping to jump on the next hot tech start-up before it goes public may soon get their wish — and it could cost them. In August, Jay Clayton, chairman of the U.S. Securities and Exchange Commission, spoke at a conference in Nashville, outlining plans that would make it easier for individuals to invest in private companies that haven't yet gone public. "We should also consider whether current rules that limit who can invest in certain offerings should be expanded to focus on the sophistication of the investor, the amount of the investment or other criteria rather than just the wealth of the investor,...

Investing in Oilfield Servicers 101

Finance
[unable to retrieve full-text content]Oil is a cyclical industry and we re coming out of a trough Rig counts are increasing to their highest numbers since 2014 Great news for oilfield services companies What exactly do servicers do In this week s episode of Industry Focus Energy host Nick Sciple and Latest Articles in
A billionaire hedge-fund manager and the Fed chair runner-up are investing in a new cryptocurrency

A billionaire hedge-fund manager and the Fed chair runner-up are investing in a new cryptocurrency

Finance
Billionaire Stanley Druckenmiller and Federal Reserve chair runner-up Kevin Warsh have invested in a cryptocurrency project called Basis, along with many other investors, the company said Wednesday.Bain Capital Ventures said it led the $ 133 million private placement, which was the private equity firm's first purchase of cryptocurrency tokens. Other investors included Alphabet's GV venture capital arm and Andreessen Horowitz.Formerly known as Basecoin, Basis is developing a cryptocurrency whose supply is controlled by an algorithm rather than a central bank. In contrast, bitcoin and most major cryptocurrencies have a fixed supply. Changes in demand can then send prices in wild swings.Basis' developers say such volatility has prevented mainstream adoption of cryptocurrencies and they want t...
China looked at investing in SoftBank's $100 billion tech fund

China looked at investing in SoftBank's $100 billion tech fund

Finance
The Chinese government had talks about possibly financing the world's most ambitious investment project, SoftBank's $ 100 billion bet on the future of technology known as the Vision Fund.China's largest sovereign wealth fund, the China Investment Corporation, last year spoke with the Vision Fund about making an investment, according to five people with knowledge of or briefed on the conversations. A contribution from CIC, which has $ 800 billion to invest, would have been very politically controversial, but it would also supply the Vision Fund, led by CEO Masayoshi Son, with a steady spring of capital for future versions of SoftBank's project.Sources differ on how serious the talks became, but a contribution has yet to materialize, leading many to believe that the chance of an investment ...
Buffett has one big investing lesson in this year's annual letter: Never borrow money to buy stocks

Buffett has one big investing lesson in this year's annual letter: Never borrow money to buy stocks

Finance
Warren Buffett believes investors should avoid using borrowed money to outperform.The Oracle of Omaha explained the perils of using debt and leverage in his 2017 annual letter to Berkshire Hathaway shareholders released on Saturday."Berkshire, itself, provides some vivid examples of how price randomness in the short term can obscure long-term growth in value. For the last 53 years, the company has built value by reinvesting its earnings and letting compound interest work its magic. Year by year, we have moved forward. Yet Berkshire shares have suffered four truly major dips," he wrote.The investor shared the data which revealed Berkshire Hathaway's stock declined by a range of 37 percent to 59 percent multiple times over the last five decades."This table offers the strongest argument I can...