Source: News Formal (newsformal.com)
Its already broken down lol
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SoftBank is launching a second version of its $100 billion fund driving Silicon Valley valuationsSoftBank is launching a second $100 billion fund: Vision Fund II.
Source: CNBC - 🏆 12. / 72 Read more »
Pentagon will pull money from ballistic missile and surveillance plane programs to fund border wallThe Defense Department, under Trump, intends to reprogram $2.5 billion that was originally designated by Congress for other projects. Nothing the matter with those priorities. Fake news. Good, instead of wasting money on things that kill people rather waste it on something that protects the people.
Source: washingtonpost - 🏆 95. / 72 Read more »
NFL concussion fund pays out $485M, but legal fights resumeThe NFL concussion fund has paid out nearly $500 million in its first two years, but some players' lawyers say there aren't enough doctors in the approved network to evaluate dementia claims. Didn't these players know that football is a violent sport? That’s a lot of money My mother in law has dementia and had never played football
Source: ABC - 🏆 471. / 51 Read more »
Hedge fund billionaire Ray Dalio to younger self: 'Why are you so stupidly arrogant!?!'This is the 'big message I would want to have given myself,' Ray Dalio said during a Reddit 'ask me anything.' MakeIt Tolerancia
Source: CNBC - 🏆 12. / 72 Read more »
Ho hum — a 65% market plunge would be ‘run of the mill,’ fund manager saysWhile stocks staged a remarkable comeback from Monday’s deep decline, they still closed firmly in the red. A day later, and the sellers are back at it. Long-suffering market bears, like John Hussman, have to be savoring this kind of action. After all, when things turn south, Hussman’s fortunes turn north. Define 'crash'. As long as it was fast it could be recoverable,... a prolonged downtrend would be devastating. $SPX $SPY
Source: MarketWatch - 🏆 3. / 97 Read more »
Almost time for investors to take ‘major defensive action,’ fund manager warnsAll this trade-war business is making for some serious market jitters, but optimism is still running high. Sadly, he looks not one thread better
Source: MarketWatch - 🏆 3. / 97 Read more »
JPMorgan poised to be first foreigner to get majority in China fund ventureJPMorgan could become the first foreign company to own a majority stake in its C... Wow
Source: Reuters - 🏆 2. / 97 Read more »
8 highlights from hedge-fund billionaire Ray Dalio's Reddit 'AMA' sessionHedge-fund founder Ray Dalio hosted a Reddit AMA, where he answered questions about climate change, college, and his favorite books.
Source: BusinessInsider - 🏆 729. / 51 Read more »
SoftBank’s Vision Fund Poised to Reap Big Uber GainSoftBank’s Vision Fund, the world’s largest technology investor, is set to be a big winner on Uber’s blockbuster IPO this week, with a paper profit of roughly $3 billion in about 16 months.
Source: WSJ - 🏆 98. / 63 Read more »
Purdue Pharma’s Sacklers to Get Back More Than $90 Million From Boston FundA small Boston mutual fund is giving back more than $90 million to the Sackler family, owners of OxyContin maker Purdue Pharma. But I thought all corporations were evil Shouldn't this money be going to the victims of OxyContin That’s huge.
Source: WSJ - 🏆 98. / 63 Read more »
SoftBank’s $100 Billion Vision Fund Faces Its Biggest TestSoftBank has made huge wagers on companies heading toward IPOs, but will these business unicorns survive outside their enchanted forest of private equity? A scam...... If this tweet is read by soft bank, I have a business proposal for you! Please contact me or make plan to meet to discuss the plan , PM me , 00000001100000000. Endless possibilities only if you know what’s behind those mountains
Source: WSJ - 🏆 98. / 63 Read more »