If an investment club has lasted for 67 years, then it must be doing something right. The Frontier Investment Club’s eight current members are keeping the decades-old tradition alive by following a formula that works for them. They pool their money, vote on whether to buy or sell the stocks they research, and have some
Cathie Wood, head of Ark Investment Management, is doing quite well in the fame game. Known to her devotees as Mama Cathie, Wood rocketed to prominence thanks to a stupendous return of 153% in 2020 and clear presentations of her investment philosophy in ubiquitous media appearances. But her longer-term returns are less stellar. Wood’s flagship
On March 26, 2021, a company called Archegos Capital Management defaulted on margin calls from several investment banks. The collapse of the firm, which was founded and run by the investor and trader Bill Hwang, rattled some of the biggest names on Wall Street, including Credit Suisse, which collapsed last year after a series of