Being a Contrarian can be very lonely. Therefore, all Great Investors find themselves very lonely as only contrarians become Great Investors. Jeremy Grantham has been lonely a very long time, but he is what I consider a Great Investor, along side Warren Buffet, Bill Gross and Julian Robertson.
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On Saturday, at an outdoor Mass in France attended by 250,000 people, Pope Benedict XVI condemned the world's love of power, possessions and money as a modern-day plague, comparing it to "paganism."
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It has been a long-held assumption that poor nations will not support efforts to protect the environment since their citizens are too preoccupied with meeting basic needs, such as food and housing. However, a new study in The Sociological Quarterly reveals that citizens of poorer nations are just as concerned about environmental quality as their counterparts in rich nations.
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Grandpa Barron Hilton donates 97% of his wealth to charity leaving Paris and others with "less" money. What does the family have to say about Barron Hilton's wealth distribution. By the way we commend Barron for this move.
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Here’s a quick excerpt If you believe the rumours, Vladimir Putin has accumulated a personal fortune worth $40 billion dollars during his seven and a half years as President of Russia.
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Research has shown that the poor who live at a socio-economic disadvantage run a higher risk of blindness.
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The rich really are getting richer and the poor are getting poorer, a new University of Michigan study shows.
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The average value of Americans’ 401(k) plans will be substantially higher in real terms by the year 2040 even if stock market returns fall short of their historical values, according to new research by a team of economists from MIT, Harvard and Dartmouth.
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Xeye, the leading provider of wealth management software and solutions to the financial services industry announced today that its flagship product, WealthManager, has achieved the highest levels of speed and scalability in the wealth management platform industry. Xeye's recent scalability tests confirm that WealthManager is unmatched in its ability to support the very largest of financial institutions.
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The rich have always been different from you and me, but this revealing and funny journey through Richistan entertainingly shows that they are more different than ever. Richistanis have 400-foot-yachts, 30,000-square-foot homes, house staffs of more than 100, and their own "arborists."Â They're also different from Old Money, and have torn down blue-blood institutions to build their own shining empire.
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