Buy or sell? Getty Images The 33rd anniversary of the “Black Monday” stock-market meltdown is upon us, and if hedge-fund managers are scared of history repeating itself, you certainly wouldn’t know it from the massive overhaul in their positions they’ve undertaken over the past week. Read: This is the last …
Read More »: Invest in tech indexes, but hedge your bets with fine wine and stamps, says this strategist
“Fine wine and stamps as well as art and other collectibles as investments tend to be uncorrelated to tech company equities and other asset classes and as such can serve as an effective hedge,” said Paul Cuatrecasas, chief executive of Aquaa Partners. REUTERS/Regis Duvignau/File Photo regis duvignau/Reuters Value investing is …
Read More »Uber bets on delivery with $2.65 billion acquisition of Postmates as ride-hailing stalls
In the race to gain a competitive edge in the burgeoning food-delivery business, the major players are carving up the U.S. map. Uber Technology Inc.’s UBER, +5.99% intention to acquire privately held Postmates Inc. for $ 2.65 billion after its failed bid for Grubhub Inc. GRUB, +4.42% is a case …
Read More »In One Chart: Here are the biggest stock-market bets among institutional and retail investors, ranked
There’s a pretty big gulf between how professional investors manage money and the bets made by average people. Like many things, it may have been amplified by the upside-down nature of markets and the economy in the wake of the coronavirus shock — or not. The chart above shows the …
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