Bill Gross — perhaps the most famous and successful bond investor in history — had a recent quote that made me chuckle. Talking to The New York Times about interest rates, Gross said, “Americans have assumed the roller coaster goes one… Read More

The Securities and Exchange Commission shocked Wall Street today with its accusation, duly filed in Federal District Court in Manhattan, that Goldman Sachs (NYSE: GS) engaged in fraud during the subprime debacle. Shares have taken a dive, losing… Read More

Back in 1973, Warren Buffett began accumulating shares in The Washington Post Co. (NYSE: WPO), which at the time consisted of the prestigious namesake newspaper publication as well as a number of television broadcasting and cable television systems. More than three and a half… Read More

Income investors looking to cash in on rising oil and natural gas prices may be hard pressed to find traditional companies that pay a hefty yield. Exxon (NYSE: XOM), for example, yields 2.4% and Chesapeake Energy (NYSE: CHK), the largest producer of natural… Read More

Could Thomas Hoenig have a real impact on your portfolio? You bet he could. He only has one voice — but it’s a highly influential one. In fact, the last time he had spoke in public on April 7th, the Dow backpedaled 70 points… Read More

“Everything is better in 3-D” seems to be the mantra of media these days. It’s not hard to see why. James Cameron’s Academy Award-nominated movie Avatar may have shattered box office records, but it hasn’t been the only 3-D box office success. Top… Read More

Americans love their sports. In fact, many males love them to death. According to a study by Xavier University of obituaries from 19 newspapers, 15% of men’s obituaries mentioned some form of sports fan identification. Their closest loved ones knew how much the deceased’s team meant to them. Read More

With the distraction of the massive health care plan behind them, senior members of the Obama administration are gearing up to help modernize our aging and inefficient power grid. New sources of energy, new power lines and enhanced conservation measures should all help reduce our burden on imported oil while… Read More

Harvard Management Co. has 120 securities in its publicly disclosed portfolio. Its top four holdings, representing 55% of the portfolio’s $2.3 billion value, are internationally oriented exchange-traded funds (ETFs) that focus on generating income in emerging markets, China, Brazil and South Korea, respectively. Read More

Military heroes typically are made of flesh and blood, but that’s all changing. For defense strategists, pilot-less aircraft outfitted with ultra-sophisticated sensors are a vital tactic in fighting the guerilla wars of the 21st century. These so-called unmanned aerial vehicles (UAVs) are the darlings of reformers in the Pentagon, and… Read More