Eliot Spitzer has gone on the warpath again, this time against insurance companies, leaving their stocks wounded some critically along the trail. When Spitzer guns for an industry, investors typically get out of the way, and it was no different...
During the 1990s, Tom Marsico made investing look easy. As manager of Janus Twenty, Marsico recorded huge gains while limiting his portfolio to two dozen stocks. The fund often held well-known stars such as Lucent Technologies and Pfizer. Plenty...
Richard Branson, founder of Britain's Virgin Atlantic Airways, was once asked the best way to become a millionaire. There's really nothing to it, he joked. Start as a billionaire and then buy an airline. Branson's joke must seem like...
To what can administering to a separately managed account be best compared? Arm-wrestling an octopus, some posit. Herding cats, others offer. Fact is, just about any advisor offering managed accounts can testify to the complexity of the related...
During the late 1960s, best-selling author Adam Smith called Fidelity Investments the Green Bay Packers of the mutual fund world. Just as Green Bay dominated professional football, Fidelity attracted a record following because of growth-oriented...