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“Over a ten-year period commencing on January 1, 2008, and ending on December 31, 2017, the S&P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.”
This is the bet between Warren Buffett and Protege Partners, LLC. The stakes are $1,000,000.
DumbAgent.com [...]

Continuing “The Case for Gold” series here on Dumbagent, I’ve been researching junior mining companies that could potentially benefit from the rise in gold prices.
Please keep in mind that this is for informational purposes only. Junior gold miners carry with them high risks and are volatile in price movements. These companies are not for speculation.

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In opposition to the Stamp Act and the Townsend Acts, the American colonists decided to boycott tea from the British East India Company. This allowed merchants such as John Hancock to smuggle tea from Holland without paying taxes.
The Crown then decided, in 1773, to do away with any tax on tea and [...]

The first name that an Economics student is likely to encounter is Adam Smith. The second name is usually David Ricardo, the proponent of Comparative Advantage.
As a quick summary, Comparative Advantage states that even if a country makes every possible good more efficiently than other countries, it should still concentrate on the goods it is [...]

Ben Bernanke and his posse at the Federal Reserve have to choose between lessening the availability of liquidity to banks that desperately need it (raising rates) or giving them liquidity but risking inflation (doing nothing or lowering).
No matter what happens in the April meeting, inflation has already gotten out of control, and this can be [...]