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 $... Read more
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, nam... Read more
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... Read more
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! Read more
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 writin... Read more
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 pers... Read more
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 commod... Read more
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 dif... Read more
CAGR stands for ‘compound annual growth rate’ and is used in business, investing, and trading as a term for the measurement as a geometric progression ratio providing a constant rate of return over a specific time period. While CAGR... Read more
The scientific method is a fact finding method of gathering knowledge that was developed in the 17th century to search for the truth for cause and effect relationships in science. This method requires observing along with skepticism about what i... Read more
