Hedge-fund billionaire Paul Singer still sees dangerous ‘bubble securities, bubble asset classes’ in markets
““Credit collapse, though awful, is not as awful as hyperinflation in phrases of destruction wrought upon societies.”” — Paul Singer, hedge-fund manager and founder of Elliott Management That’s hedge-fund billionaire…
White House tags Elon Musk as ‘anti-labor billionaire’ in response to criticism
Tesla CEO Elon Musk mentioned that when it comes to President Biden, “the authentic president is the teleprompter.” He manufactured the remarks on a movie episode of The All-In Podcast.…
Future Returns: A Wealth Management Take on Biden’s ‘Billionaire Tax’
People are curiously observing the Biden administration’s billionaire minimal profits tax to see if it can resolve the issues it guarantees to—from tax equity, to beating the objections its predecessors…
Billionaire Ray Dalio Picks Up These 3 ‘Strong Buy’ Stocks
We had some serious economic news this month, when October’s inflation rate came in at 6.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} annualized. It was the sixth consecutive month +5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} year-over-year inflation gains – and the…
Pharma Billionaire Ajay Piramal Ups His Stake In Financial Services With $4.7 Billion Acquisition Of Bankrupt Mortgage Lender
Ajay Piramal at his office on March 16, 2015 in Mumbai, India. Abhijit Bhatlekar/Mint via Getty Photographs Ajay Piramal’s pharma and money providers flagship Piramal Enterprises completed its $4.7 billion…