The Millionaire-Maker AI Cryptocurrency Hiding in Plain Sight
The convergence of artificial intelligence (AI) with blockchain technology was supposed to produce a new crop of millionaire-maker “AI cryptos.” Unfortunately, that hasn’t been the case. Every single AI investment thesis has flopped this year, with many top AI cryptos down anywhere from 40% to 60% for the year.
But what if we’re looking in the wrong place?
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Read MoreThe Burst
Alibaba: Crazy Buy or Sell, Sell Sell!
Just a few months ago, shares of Chinese e-commerce giant Alibaba (NYSE:BABA) plunged by 22.7 percent over the course of the month. The company had lost approximately 45 percent of its value over a one year period. These losses contrast sharply with Alibaba’s fundamentals, which are generally quite positive.
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Market Commentary: 4 Reasons Why Buffett Bet 43% Of His Portfolio On 1 Stock
When you understand that stocks are not just prices on a chart but businesses, investing gets much easier. You take your eyes off solely viewing price undulations and focus more on the nuts and bolts of the business driving the share price.
One business with such extraordinary attributes that Warren Buffett bet over 43% of his holdings in it is Apple.
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