Lastest Stories by Will Ashworth

Billionaire David Einhorn appeared at CNBC’s Delivering Alpha event in November. In his interview with Leslie Picker, the hedge fund manager lamented the downfall of value investing.  “‘It’s...
Billionaire David Tepper owns the Carolina Panthers, one of the worst teams in the NFL. Heading into week 16, the Panthers are ranked 27th out of 32 teams according to the latest NFL power...
Billionaire Dan Loeb founded his hedge fund, Third Point LLC, in 1995. As of September 30, WhaleWisdom.com reports that it manages $7.4 billion in publicly traded securities.  Investors are always...
Vermont-based janitor and gas station attendant Ronald Read died at 92, leaving most of his $8 million investment portfolio to the local hospital and library where he lived. At his death in 2014, his...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The Transamerica Center for Retirement Studies released...
It has not been a good year for billionaire activist investor Carl Icahn.  His publicly traded company, Icahn Enterprises LP (NASDAQ:IEP), lost 43% of its value in 2024 through Dec. 13. IEP’s...
Bill Ackman made news recently when Fortune reported that he might play a part in Elon Musk and Vivek Ramaswamy’s Department of Government Efficiency, or DOGE, the committee tasked with cutting...
Bill and Melinda French Gates officially divorced on Aug. 2, 2021, after 27 years of marriage. When billionaires divorce, it can be a messy affair. Not so for the Seattle power couple.   In May,...
Fortune recently published an article about Berkshire Hathaway’s (NYSE:BRK.B) net worth is $663 billion, 10 times higher than Nvidia’s (NASDAQ:NVDA) and nearly 12 times Apple’s (NASDAQ:AAPL). ...
Intel (NASDAQ:INTC) CEO Pat Gelsinger stepped down on Dec. 1 after nearly four years in the top job. While the press release officially described his departure as a retirement, he was given two...
The Visual Capitalist published a chart in June that highlighted the Magnificent 7’s stock buybacks between June 2023 and June 2024. Five of the seven bought back $208 billion of their stock over...
We are officially into the busiest time on the shopping calendar. The last bit of November to Christmas Day gives retailers a big chunk of their annual sales. Costco (NASDAQ:COST) delivered another...
Short seller Andrew Left of Citron Research revealed on Nov. 21 that his firm had taken a short position in MicroStrategy (NASDAQ:MSTR), the software company that has become a prominent Bitcoin...
In February, Los Angeles-based investment manager Capital Group will mark three years since it launched its first actively managed transparent ETFs. “Our suite of six ETFs represents the hallmark...
The last time that Tesla (NASDAQ:TSLA) stock hit $400 was over three years ago, in November 2021. That was the highest it’s ever traded. Since hitting a low of $101.81 at the beginning of 2023,...