It isn’t too late to learn important lessons from the surprising resurgence of American oil and gas. It is also not too late to profit from it.
Archive for March, 2014
The Outsiders Who Saw Our Economic Future
The experts keep getting it wrong. And the oddballs keep getting it right. Over the past five years of business history, two events have shocked and transformed the nation. In 2007 and 2008, the housing market crumbled and the financial system collapsed, causing trillions of dollars of losses. Around the same time, a few little-known […]
How to Profit From the Energy Boom
March 4, 2014 The U.S. is experiencing a remarkable energy revolution, and exchange-traded funds that focus on energy stocks may seem an obvious way to benefit. But selecting the right ETFs to tap a gusher of profits isn’t as simple as it seems. U.S. oil and natural-gas production have surged. More than eight million barrels […]
Web Pioneer Keeps Faith, and Cash, in Bitcoin
Marc Andreessen Is Betting on Wide Adoption of Digital Currency Bitcoin March 21, 2014 Internet pioneer Marc Andreessen is doubling down on bitcoin amid turbulence in the virtual-currency world, in a bet that widespread adoption of the currency will fuel the growth of new businesses and technologies. Venture-capital firm Andreessen Horowitz, where Mr. Andreessen is […]
Inside the Showdown Atop The World’s Biggest Bond Firm
Feb. 24, 2014 NEWPORT BEACH, Calif.—Tension increased at Pacific Investment Management Co.’s headquarters here last summer. The bond market was under pressure, losses grew and clients pulled billions of dollars from the firm. Bill Gross, who co-founded Pimco in 1971 and is largely responsible for building it into a behemoth overseeing almost $2 trillion in […]
