Wealth

Billionaire Mark Cuban is mostly investing in cryptocurrency nowadays. “The investments I’m making now are not in traditional businesses,” Cuban said on a recent episode of “The Problem With Jon Stewart” podcast. In fact, “80% of the investments that I make that are not on ‘Shark Tank’ are in or around cryptocurrencies.” One type of
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Common biases that lead to bad money moves Morningstar’s behavioral finance research team found that nearly all Americans show at least one of four common biases, and that higher levels of these biases directly correlate with worse financial outcomes compared to peers, including poorer credit scores and lower balances in savings and investing accounts. The
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When considering any cryptocurrency investment, billionaire investor Mark Cuban looks for utility in each project. That’s why, to him, “tokens trading are the least important part of crypto,” he tweeted on Tuesday. Instead, Cuban sees smart contracts, or collections of code that power decentralized applications, and how they’re used within projects as the most important
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Apartment buildings on the Upper East Side neighborhood of New York. Victor J. Blue | Bloomberg | Getty Images Manhattan rents hit their highest level ever for a December as the supply of apartments plummeted and landlords started demanding double-digit increases. The average apartment rent in Manhattan hit $4,440 in December, while the more widely
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Theranos founder Elizabeth Holmes, center, and her family leave the Robert F. Peckham Federal Building and U.S. Courthouse after the jury found her guilty on four counts in San Jose, Calif., on Monday, Jan. 3, 2022. Dai Sugano | MediaNews Group | Getty Images Former Theranos CEO Elizabeth Holmes, who was convicted of federal fraud
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Millions of people canceled their travel plans in 2021 as Covid-19 halted international trips around the world. Renee Miller and Tim Beissinger were not among them. The pair are “thru-hikers,” a term which describes a style of hiking that starts and ends in different places, while often covering long distances. Rather than staying at home,
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Billionaire investor Ray Dalio has been outspoken about the value of self-awareness for years. But on a December episode of the “Lex Fridman Podcast,” when asked what advice he had for young people, Dalio clarified a group’s talents are more fruitful when its members know each other’s strengths and weaknesses, and how to “work well
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On the basketball court, Dwyane Wade is a bona fide expert. Off the court, the three-time NBA champion has learned to question everything. On Monday’s episode of the “Armchair Expert” podcast, Wade told hosts Dax Shepard and Monica Padman that he became interested in business early in his basketball career. The move was prompted by
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Plenty of people make New Year’s resolutions. Bill Gates isn’t one of them. “I’ve never been a big New Year’s resolution person. I don’t have any specific goal in mind for 2022,” the 66-year-old billionaire Microsoft co-founder wrote in his annual end-of-year blog post last month. “But what I do hope is that next year
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While Michelin-starred meals can cost just $1.50 per plate, most restaurants that have earned the prestigious award charge much more. Many cost $300-$400 for one meal, but some command even higher rates. To find the most expensive Michelin-starred restaurants, the cooking website Chef’s Pencil researched dinner tasting menus in more than 450 restaurants around the
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When you start a new job, you’ll often get a rundown of the company’s history and culture. Usually, though, that information isn’t coming from one of the wealthiest people on the planet. In 1994, Microsoft made an orientation video for new employees that prominently features co-founder Bill Gates, who was already fabulously wealth at then-age
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Bill Gates may not love New Year’s resolutions, but he’s still setting large goals for 2022 and beyond. At the top of his list: avoiding future pandemics. In his end-of-year blog post earlier this month, the billionaire Microsoft co-founder and healthcare philanthropist wrote that among the world’s biggest problems, the next Covid-level health scare is
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