Tag: investor

‘Big Short’ investor Michael Burry says the stock market is ‘dancing on a knife’s edge’ – and fears he’s being ignored again

Christian Bale as Michael Burry in “The Big Short.”

  • Michael Burry sounded the alarm on the stock market over the weekend.
  • The “Big Short” investor said extreme speculation and debt could cause a crash.
  • Burry said his warnings were being ignored as they were during the housing bubble.
  • Visit Business Insider’s homepage for more stories.

Rampant speculation and widespread betting with borrowed money have driven the stock market to the brink of collapse, Michael Burry said over the weekend.

“Speculative stock #bubbles ultimately see the gamblers take on too much debt,” the investor tweeted along

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California investor who donated nearly $1M to Trump inauguration sentenced to 12 years in prison

A Federal Judge in California on Thursday sentenced a venture capitalist who donated nearly $1 million to former President Donald Trump’s inaugural committee to 12 years in prison for falsifying records to hide his work as a foreign agent while lobbying high-level U.S. officials.

Imaad Zuberi was also fined $1.75 million and ordered to pay $15.7 million in restitution.

Zuberi, 50, agreed to plead guilty in 2019 to tax evasion, filing false foreign agent registration records and providing almost $1 million in illegal campaign contributions to various presidential election campaigns and other candidates for elected office, according to the U.S.

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Becoming an investor is the new American dream, just like home ownership was before

Vlad Tenev, CEO of Robinhood

Source: Robinhood

I was born behind the Iron Curtain. For people in my native Bulgaria managing money was a simple proposition with just two options — keeping savings in the state bank or stashing it under a mattress. Investing, of course, was off the table, as was accessing a line of credit. And financial education, even for economists like my father, involved a lot of fast talking to get a hold of counter-revolutionary texts like Adam Smith’s “The Wealth of Nations.” 

The Berlin Wall fell while I was still a kid and my family’s move

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Billionaire investor Howard Marks compares gold’s value to a ‘superstition’ and criticizes taxes on unrealized gains

Howard Marks

  • Howard Marks expressed skepticism about gold and taxes on unrealized gains this week.
  • Gold’s value is “almost like a superstition,” the billionaire investor told CNBC.
  • The Oaktree Capital boss said taxes on unrealized gains are impractical and could deter investing.
  • Visit Business Insider’s homepage for more stories.

Billionaire investor Howard Marks questioned gold’s worth and criticized the idea of taxing investors’ unrealized gains in a CNBC interview this week.

The Oaktree Capital Management cofounder said the yellow metal’s value is “almost like a superstition,” as it depends on people believing it’s worth something.


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Disney’s Investor Day 2020: Every Movie and TV Show Announcement

Disney’s Investor Day 2020: Every Movie and TV Show Announcement

Disney Investor Day 2020 event was jam-packed with new announcements. The company revealed a number of new projects in the works for both the Disney+ streaming service and theaters, covering huge franchises like Marvel and Star Wars, live-action remakes like Pinocchio and a new lineup of animated movies and series.If you’re having trouble keeping track of it all, fear not. Here’s a quick breakdown of every movie and series announced at the event.

Star Wars Series on Disney Plus

In what may well be the biggest news from the event, no fewer than six live-action Star Wars series were

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