Mark Brown, the head of the office overseeing the government’s student-loan portfolio, resigned Friday, following calls on the Biden administration to remove Brown, who was appointed by former Secretary of Education Betsy DeVos. Secretary of Education Miguel Cardona said in a statement Friday morning that he’d accepted Brown’s resignation from …
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Chinese education stocks have paid off big for QQQ Capital. Getty Images Just a few years ago, Qian Yongqiang was running his own money. Now, after riding a wave of big wins in the stock market, his explosive hedge-fund finds itself on the top of the world and sitting on …
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Don’t believe the hype. That’s the message from Sharmin Mossavar-Rahmani, chief investment officer of private wealth management at Goldman Sachs, who thinks that gold is overpriced and has no clear role in the portfolios of her private clients. Our view is that gold is only appropriate if you have a …
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If you really want to call yourself a contrarian investor, it’s time for a hard look at what hasn’t worked so far this year — value stocks and dividend stocks. Value stocks have greatly underperformed growth stocks (especially Tesla Inc. TSLA, +2.72% and the hottest tech names) amid the economic …
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There aren’t many books about investing that remain relevant over 40 years after they were first published. Burton Malkiel’s A Random Walk Down Wall Street, first published in 1973 and now in its twelfth edition, is one. Malkiel’s observation — that short-term fluctuations in the markets make stocks unpredictable and …
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Don’t miss these top money and investing features: These money and investing stories, popular with MarketWatch readers this past week, offer ideas about how to manage your financial portfolio at a time when doubts are growing about the extent to which economies can safely reopen as coronavirus cases rise. INVESTING …
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It’s no secret that retail investors have been stepping up their participation in the stock market lately, but the degree by which they have outperformed professional investors may be coming into greater focus. A basket of equities that have been eagerly bought by individual investors since the depths of the …
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If we’re being honest, the range of possible coronavirus-related economic outcomes is huge — all the way from “happy days are here again” to a new Dark Ages. I raise these possibilities by way of commenting on Warren Buffett’s subdued confidence at Berkshire Hathaway’s BRK.A, +1.73% BRK.B, +1.93% annual meeting …
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