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Dollars Are For Spending & Investing, Not Saving

The Big Picture

“I need the US Dollar to be a store of value between the time I make it until I spend it, invest it, pay my taxes with it, or give it away. To be more precise, I want to discuss the type of chart that reflects a fundamental misunderstanding of the nature of money, currency, spending, investing, and taxes. It does that splendidly.”

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10 Friday AM Reads

The Big Picture

Here’s your investing playbook. Wall Street Journal ) • From Math Camp to Handcuffs: FTX’s Downfall Was an Arc of Brotherhood and Betrayal : Gary Wang and Sam Bankman-Fried are offering dueling accounts of the FTX fiasco and of who’s ultimately to blame. The stock market’s winners and losers will be different too. trillion in assets.

Math 287
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15 Recession-Proof Businesses That Thrive in Any Economy

Clever Girl Finance

Food and beverage 3. These include sectors like healthcare, food, repair services, and childcare. These businesses typically operate in industries like healthcare, food, repair services, and personal care. Food and beverage Food and beverage are also recession proof industries. What is a recession-proof business?

Economy 69
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Buffett vs. Graham vs. Lynch: Whose Strategy Wins Now & Over Time?

Validea

Benjamin Graham – The Deep Value Purist Graham’s approach, considered the bedrock of value investing, focuses on balance sheet strength and low valuation. Sample picks: Cal-Maine Foods ( CALM ): +65.4% Choosing the “best” investing strategy isn’t always just about performance. Sample picks: Comfort Systems USA ( FIX ): +35.6%

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Transcript: Cathy Marcus, PGIM Real Estate

The Big Picture

Cathy Marcus is co CEO and global COO of p GM Real Estate, a $208 billion investor in real estate, part of the giant real estate investment firm, PIM. There are few people in the world better situated to discuss commercial real estate investing from every perspective. But in those days, there were very tax driven investment.

Assets 263
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Transcript: Kristen Bitterly Michell

The Big Picture

She is Head of North America Investments for Citi Global Wealth, which is a giant wealth management arm of the giant Citibank. It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned. Her name is Kristen Bitterly Michell.

Clients 296
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Weekly Market Insights – January 8, 2024

Cornerstone Financial Advisory

Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. IRS.gov, September 6, 2023 6.