Warren Buffett’s 10 Nuggets of Wisdom: Berkshire Meeting, 2015
What the Oracle of Omaha really thinks about hedge fund fees, the future of sugary drinks and more.
Schorsch Accused of Manipulating ARCP’s Books
A complaint filed by former accounting chief alleges that Schorsch told executives to manipulate quarterly results in July.
‘Timing Discrepancy’ Gives SEC Filing Subscribers Unfair Advantage: Senators
Two senators called on the SEC to act after a study found paying subscribers can get corporate filings about 40 seconds before the public.
Obamacare Tax Stumps Advisors
WIth little or no guidance from the IRS, advisors are clueless on how to help clients reduce their liability for the new investment tax.
ERISA Attorneys Rip Yale Professor’s Fiduciary Threats
Fred Reish and his team at Drinker Biddle say Yale professor Ayers’ fiduciary study has a number of “material limitations.”
Are Variable Annuity Guaranteed Benefits on Their Way Out?
Clients who purchased VAs with lifetime guarantees need to stay alert: nervous insurance companies issuing these guarantees may soon seek substantial modifications to outstanding contracts.
Quick QE Exit Unlikely, but Do Get a Bond Haircut: PIMCO, Loomis Sayles
"A bond and equity investor can choose to play with historically high risk to principal or quit the game and earn nothing,” says PIMCO's Bill Gross.
4 Ways to Repeat the Mortgage Mess: Peter Wallison
Peter Wallison decries Washington's latest “fix” to prevent another repeat of the housing market collapse.
13 Ex-Football Players and Finance: The Good & the Bad
After success of varying degrees in the NFL or college football, nine former players took the high road and four others the very low road.
Peter Schiff: The Myth of Higher Taxes Creating Higher Revenues
An uncharacteristically subdued Schiff argues against the "myth" that higher taxes will lead to higher revenues.