Tag: financial
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British Petroleum (NYSE:BP) (Part 4)
I sold BP today at $38.66 (7/26/2010 12:39:35 PM) for a 22% net return which works out to 187% yearly ROI. I’m counting this as a successful first adventure in the world of wall street and stock market speculation. I sold for three reasons: 1. BP topped out at about 39 on July 15th. I…
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The Money Delusion
Even though I passionately disagree with a few of his points, I love this video and try to watch it at least once a month. I highly recommend you take 8 minutes to watch now…
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British Petroleum (NYSE:BP) (Part 1)
Who is British Petroleum? (Wikipedia) British Petroleum (BP) is the UK’s largest corporation and is the fourth largest company in the world. It is one of six “supermajors” or vertically integrated private sector oil exploration, natural gas, and petroleum product marketing company. What are they doing to The Gulf of Mexico? (Wikipedia) On 20 April…
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Investing Theory – Market Speculation
Why should market speculation be profitable? In this article I will explain why market speculation should be profitable. Disclaimer: I have never owned a stock outside of my retirement accounts and am therefor basing this theory entirely off of intuition and logical analysis. I have never been a day-trader. Furthermore, the following analysis assumes that…
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Top 10 Richest People in The World
Rank Name Country NetWorth NetWorth Change Age Bio 1 Carlos Slim Helu Mexico $53.5 bil UP $18.5 bil 70 Assets in Latin America’s biggest mobile phone company. 2 Bill Gates United States $53 bil UP $13 bil 54 Software visionary and world’s biggest philanthropist. 3 Warren Buffett United States $47 bil UP $10 bil 79…