In the world of finance, intrinsic value is the true, inherent, and essential value of a specific asset independent of its quoted price in a market. In speculation prices can become far removed from the real actual value of a stock, tulip, Beanie Baby or cryptocurrency. Here is a list of the ways to quantify […]
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Jeff Bezos current net worth is $125.5 billion making him the richest person in the world again. His net worth is up over $13 billion since November 2019 with most of the increase coming after last Friday’s gap up in Amazon price. Amazon issued its earnings last week and its stock set new all time highs.
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Elon Musk’s current net worth is $42.8 billion dollars and is now the 23rd wealthiest person on the Forbes 400 list. His net worth has grown by approximately $20 billion since November 2019 as Telsa stock has increased from $320 to over $900 a share in three months up +183%. The fuel for this huge
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On this Day in history in February 3, 1690, the Massachusetts Bay Colony printed and released the first ever paper money in the Americas. Before that day all American settlers used silver coins for transactions. These new bills were pounds, named after the pound sterling of Britain. The British government had the idea to issue
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The Richest Man in Babylon is a great little personal finance book set as an ancient fictional tale that explains the ‘The Seven Cures to a Lean Purse’ and ‘The Five Rules of Gold’. The Seven Cures to a Lean Purse: Start thy purse to fattening. Pay yourself first. Save money before you pay any
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This is a guest post by Jake @TrendSpider. In this weekend’s analysis, we analyze the moves made by the broad market ETFs last week and how TrendSpider’s current features are helping get an idea of what is possible into next week!
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This is a review of the book ‘The Snowball: Warren Buffett and the Business of Life’ by Alice Schroeder. This book reads like a novel about Warren Buffett. I believe this book is the closest readers will get to Warren Buffett writing an autobiography of his life. He gave the author unprecedented access to his
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Net worth is the total value of every asset that an individual owns subtracted by all their liabilities. Net worth can also be calculated for businesses, governments, or countries. To calculate your personal net worth first add up all your personal assets. Value of your personal residence. Value of any rental homes you own. The value of any
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Paul Tudor Jones II was born in Memphis, Tennessee. In 1976 he earned a bachelor’s degree in economics from the University of Virginia. He was accepted to Harvard Business School in the 1980’s but he did not enroll. PTJ was a commodities broker for E. F. Hutton & Co between 1976-1980. PTJ was mentored by cotton trader Eli Tullis. Tullis
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The Calmar Ratio was created by Terry W. Young in 1991, it is short for California Managed Account Reports. The Calmar ratio is usually based on recent and short term data. The Calmar ratio gives investors insight into the risk parameters of different investments and money managers. The Calmar Ratio contrasts the risk of maximum drawdown and the annual
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