March 29, 2024
Finance

7 investing mantras by David Tepper that illustrate his brilliant market earnings

The stock market is one of the most profitable sectors for individuals to become billionaires. Numerous billionaires have amassed their wealth through the stock market. This is due to the stock market’s potential for substantial returns, but it also comes with notable risks. Stock prices can vary widely, and even experienced investors can incur losses.

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Investment

Investing in Ajinomoto (Malaysia) Berhad (KLSE:AJI) a year ago would have delivered you a 27% gain

If you want to compound wealth in the stock market, you can do so by buying an index fund. But investors can boost returns by picking market-beating companies to own shares in. For example, the Ajinomoto (Malaysia) Berhad (KLSE:AJI) share price is up 27% in the last 1 year, clearly besting the market return of

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Finance

The Fed’s massive economic upgrade: Chart of the Week

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Ahead of the Fed’s meeting this week, everyone was focused on dots. But the most important number offered by Fed officials was the FOMC’s surprisingly bullish expectations for economic growth, revised upward, as

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Finance

Personal Vehicle, Gold Loans To Drive Shriram Finance Growth, Rise In AUM: Jefferies

Shriram Finance Ltd. remains among the top picks for Jefferies India Pvt. as it sees the financier’s growth to hold up with a potential rise in its assets under management. Healthy demand for used personal vehicles, rollout of MSME and gold loans in erstwhile branches can drive a 17% AUM growth over financial year 2024–26,

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Finance

A 15-year problem that has plagued corporate America is finally turning around

American workers are becoming more productive. Recent analysis from Bank of America showed the average revenue per worker for companies in the S&P 500 hit an all-time high in February after 15 years of no gains. This is one of several signs that labor productivity is rebounding after slumping during 2022. Some on Wall Street think

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Funds

China’s ‘quant’ funds conform as regulators crack down after crash

By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) – China’s computer-driven “quant” hedge funds are beefing up risk management and retooling their portfolios to conform to the state’s definitions of fair play, as regulators clamp down on the $260 billion sector to revive retail investor confidence. Hedge fund Leon Capital said it will monitor

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Crypto

Bitcoin bursts above $67,000, nears record high during crypto surge

Bitcoin neared its all-time record high on Monday after crossing the $67,000 threshold – a remarkable turnaround from late 2022 when the token’s value plunged below $17,000. The most popular digital currency traded 7% higher, at 67,580.70 as of 3:30 p.m. on Monday – a 300% improvement from its nadir — and within striking distance

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Investment

Opinion | Why stock market stars are at odds with real world’s investment needs

We should be asking much deeper questions now than simply about whether and when another stock market bubble burst might come. We should be re-examining the role of private and public sectors in allocating financial resources to the global economy. Failure to do this could result in a dramatic rise in tax rates around the

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Investment

Investing in a single financial instrument is risky, says Mukesh Kochar of AUM Capital

One should properly diversify the portfolio, but over or under-diversification will not work. Reasonable diversification is important, says Mukesh Kochar, National Head of Wealth, AUM Capital. In an interview with MintGenie, Kochar said that investors must refrain from investing in a sole financial instrument or those of the same kind of instruments, as putting all

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