Charlie Sheen Shorts Berkshire Hathaway. Proves you can still make a killing in the market while wasted.

The Sax Angle created a hypothetical portfolio for Charlie Sheen.  Our extensive backtesting proves you can still get wasted and make a killing in the stock market.


Chart of the day: Rolling 3-Month Correlation Between Oil & S&P500

Over the past few years the correlation between oil (especialy WTI Crude Oil) and the S&P500 has been remarkably consistent with an average of about 0.75 (scale from -1 to 1).  However, over the…


Paul Allen Slams Bill Gates in Memoir

According to a new memoir by Microsoft co-founder Paul Allen, Bill Gates schemed to take shares in Microsoft following his partner’s treatment for cancer. WSJ’s Kevin Delaney and Julia Angwin discuss…


Recently Discovered Video Interview with Seth Klarman

For those who don't know Seth Klarman, here's some brief info from Jacob Wolinsky at Valuewalk: Seth Klarman is undoubately one of the greatest investors of our time. Klarman manages Baupost Group,…


XOIL Tries to Be Spot-On Spot

  Global X launched a new equity ETF on Tuesday (3/15/11) that attempts to achieve high correlation to crude oil spot prices. Global X Oil Equities ETF (XOIL) provides exposure to pure-play oil…