When an investing firm which boasts about how few investments it makes, says it's excited about a company, then it's time to listen.
The operation in question is London-based J. Stern & Co., which describes itself as a private investment office -- somewhere between a family office and an investment manager.
“We are very long term investors and since inception of the core portfolio in October 2012, we have traded only two or three companies a year,” says Chris Rossbach, chief investment officer at J. Stern. Read more here.
Will stocks continue rallying for the remainder of the year? As with many things, the late baseball genius Yogi Berra summed it up well: "It's tough to make predictions, especially about the future."
Anyone who has tried to forecast the stock market knows that investing is no exception: It often makes fools of otherwise smart people. Read more here.
Just when you thought things were getting better, up pops another problem.
This time it's the pensions provided by the biggest U.S. companies. The level of underfunding at these plans is set to reach a record this year, according to the author of a recent report. Read more here.
Unless you grew up in a household of recent immigrants you may never have heard of Loackerwafers — but Crystal Black Davis, the VP of marketing and deputy to the president at Loacker USA, would like that to soon change. Read more here.