Page 54 - Jack Bogle News Today

The Vanguard founder probably wouldn't be a fan of this high-flying market

How Robinhood trading app drove the GameStop ‘supernova’ Last year, when Berkeley Haas finance professor Terrance Odean was researching why users of the popular trading app Robinhood tended to “herd” into a small number of stocks, he never imagined a situation like what unfolded last week with GameStop. “It was like a supernova of herding events,” he said. Shares in the moribund video-game retailer soared more than 400% over three days when a mob of investors—many congregating on ...

Investment news and analysis for financial advisers. Extensive coverage and expert comment on important topics in the financial advisory industry.

Listen / GameStop stock has fallen back to earth. But the WallStreetBets group on Reddit helped launch it like a rocket — late in January, the shares spiked up 1,910% from earlier in the month. Some people in the group made money if they got out at the right time. A few became wealthy in a life-changing way. So, has the power of social media changed the investing world? Is it possible to join an investing messaging board and strike it rich on the next hot stock pick? Sadly, probabl...

1. What we just saw with GameStop was extremely rare. "GameStop surely looks like something that was a unique combination of elements," says Ritholtz. "This was very much the perfect storm." Ritholtz says the stock took off for various reasons. Enthusiasm on Reddit most likely lit the fuse to get the stock rising. That caught some hedge funds in whats known as a "short squeeze." Hedge funds placed big bets that the price of GameStop would fall. When their bets backfired, they were forced to b...

The real force driving the GameStop revolution Published  article GameStop store signage is seen on January 27, 2021 in New York City. Stock shares of videogame retailer GameStop Corp has increased 700% in the past two weeks due to amateur investors. This was the week when a bunch of amateur traders made Wall Streets finest look like idiots. From Jan. 25 through Jan. 29, a ragtag army of individuals sent shares in GameStop Corp. up 500%, and sent many others skyrocketing too. In three days...

VOICEOVER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio. RITHOLTZ: This week on the podcast, I have a special guest. His name is Andrew Beer, has really a fascinating background and career in finance. He is a managing member at Dynamic Beta Investments which is one of the oldest firms doing liquid alternatives, really quite fascinating. Their goal is to roll out things that look like hedge funds but with full transparency, liquidity, and none of the high fees. It’s reall...

Fortunately, you can reap the benefits of the broader market by investing in a low-cost index fund, which buys a diversified mix of stocks for you at next-to-nothing in fees. Thats why your New Years investing resolution should be to start with the aforementioned S&P 500 Index Fund (NYSEMKT: SPY).  Why Warren Buffett loves the S&P 500 Index fund, even though he doesnt buy it himself In Vanguard founder Jack Bogles book "The Little Book of Common Sense Investing," Warren Buffet is quoted as say...

The Good Men Project Become a Premium Member We have pioneered the largest worldwide conversation about what it means to be a good man in the 21st century. Your support of our work is inspiring and invaluable. 75 Personal Finance Rules That Apply to Everybody Some are efficient packets of advice while others are mathematical shortcuts to save brain space. Either way, I bet you’ll learn a thing or two—quickly—from this list. always true, but it’s  usually true. It saves you time and b...

Index fund investors can now weigh in on S&P 500® corporate resolutions, a landmark announcement from ONEFUND Share Article ONEFUND launches Index Proxy Polling for flagship fund, INDEX. An investor driven solution to the growing institutional monopoly of index funds. “Who better knows the best interests of the shareholder than the shareholder themselves? Their input is vital. We think this is a transformative first step that the industry will eventually follow.” said Mike Willis, Founder ...