Robert Johnson attended Warren Buffett's most recent Berkshire Hathaway shareholders meeting, and on the flight out to Nebraska he was pleasantly surprised to learn that the book he had authored, Strategic Value Investing, had landed on the Oracle of Omaha's recommended-reading list.
A 28-year-old Ukrainian hacker pleaded guilty Monday to taking part in a long-running international scheme in which yet-to-be published financial news releases were stolen and the information used in illegal trading that generated an alleged $30 million in profits.
According to my new robo-adviser, I can retire comfortably when I'm 80. I know this because nearly all of us here at the Inquirer were offered the chance to take a robo-adviser out for a spin through our workplace retirement plan with Vanguard, the indexing and mutual fund giant.
Wharton professor Olivia S. Mitchell sat down to discuss a new idea to help solve the Social Security deficit. In "Will They Take the Money and Work? An Empirical Analysis of People's Willingness to Delay Claiming Social Security Benefits for a Lump Sum," Mitchell and her colleagues argue that lump-sum payouts serve as an incentive to put off collecting Social Security.
A few thousand Vanguard investment customers thought they had made some extra bucks on Monday. But it turned out to be a software glitch: Vanguard account holders who were checking their balances on Apple iPhones, iPads, and Apple Watches - in short, anyone using an operating system on an Apple device - briefly experienced inflated values.
Erin Arvedlund writes a weekly column for the Inquirer on investing and personal finance. Her first book was Too Good to Be True: The Rise and Fall of Bernie Madoff (Penguin).