An Investing Legend Says New Investors Should Try Their Hand at Stock-Picking
Earlier this week, I had lunch with Rob Arnott, the founder of Research Affiliates and the sort of godfather of alternative stock-market indexing. I was telling him about a recent story I wrote for younger investors about how much of their portfolio they should have in ETFs versus individual stocks. The takeaway from the story,
The Executives Behind Palmer Luckey’s Tech-Focused Erebor Bank
Palmer Luckey, CEO of defense tech giant Anduril Industries, is quietly building a new digital banking venture — and we now know more about who will be helping him. The startup, Erebor, is raising $225 million at a $2 billion valuation, Business Insider reported in July. It has backing from Peter Thiel’s Founders Fund and