GAM Holding AG bought a new position in shares of Mitel Networks Corp (NASDAQ:MITL) (TSE:MNW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 245,367 shares of the communications equipment provider’s stock, valued at approximately $2,692,000. GAM Holding AG owned approximately....More>>>
Wall Street doesn’t fear the stock market these days. Should you?
A closely watched “fear gauge,” known as the VIX, sank to a 24-year low last week, a drop that suggests that most professional investors don’t see the stock market taking a big dive anytime soon.
The lack of anxiety among big, money-management firms comes at a time when the broad U.S. stock market is at all-time....More>>>
Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) Chairman and CEO Warren Buffett is a great role model if you want to be an astute investor. He has accumulated a fortune of more than $87 billion over his career after getting into the investing game pretty early. As such, many investors still pay close attention “Buffett stocks.”
It also helps that Buffett’s investing style....More>>>
"I remember when the Dow hit 1,000, and then 2,000," a friend in his 70s told me last month at lunch… "Now the Dow's near 20,000. That's scary." This friend is no dummy… He founded a major corporation that traded on the stock market. He had tens of thousands of employees. His net worth hit nine figures. And he's scared. I get that…....More>>>