Robinhood faces legal action over ‘gamification’ of investing
Robinhood faces legal action over ‘gamification’ of investing – https://on.ft.com/2IZdmgC via @FT
Robinhood faces legal action over ‘gamification’ of investing – https://on.ft.com/2IZdmgC via @FT
Has the investment allocation paradigm radically shifted? https://www.ft.com/content/fdb793a4-712e-477f-9a81-7f67aefda21a
Sensible discussion of target date funds. Article discusses variations across different funds in terms of allocation and glidepath (ie how the portfolio changes as it approaches the target date). https://soundmindinvesting.com/articles/view/dont-be-surprised-if-target-date-funds-miss-the-mark
Jim Chanos: ‘We are in the golden age of fraud’ – https://on.ft.com/39rOiHC via @FT
Bonus before bankruptcy or BBB. Where is the governance? Hopefully some of the bonuses will be subject to clawback. The beauty of the “heads I win, tails you lose” C-Suite. When company does well bonus is well deserved, when company does poorly they need to retain management to execute “visionary” turnaround. And when board is …
Once again failed by auditors and rating agencies (investment grade until last week). Wirecard fights for survival as it admits scale of fraud – https://on.ft.com/311vflw via @FT
Ridiculous how PE pumps debt into a company and only uses dry powder for new companies rather than supporting the companies they layered in debt. Private Equity Lands Billion-Dollar Backdoor Hospital Bailout [“https://www.bloomberg.com/news/features/2020-06-02/private-equity-lands-billion-dollar-backdoor-hospital-bailout”]
Terry Smith blasts platforms for fuelling illusion of fund liquidity – https://giftarticle.ft.com/giftarticle/actions/redeem/c957d29a-00a1-401c-b992-b5b68e4f7ae1 via @FT
The 1MDB scandal: what does it mean for Goldman Sachs? – 1MDB scandal: what does it mean for Goldman Sachs? I’m reading the book Billion Dollar Whale about 1MDB and if it’s to be believed culpability goes to the highest levels at Goldman – Cohn and Blankfein. It was at a minimum willful blindness. I …
https://amp-ft-com.cdn.ampproject.org/c/s/amp.ft.com/content/9414052a-3142-11ea-9703-eea0cae3f0de