“Rather than go for big trades that could blow up and lose a lot of money, Virtu prides itself on making small amounts—as in $10—millions of times a day.”
It looks like Walmart is looking to beef up its online presence with its recent purchase of Jet.com (what with its online sales division getting pummeled by the online ecommerce juggernaut that is Amazon).
Bill Miller leaves Legg Mason after working there for there for over 30 years. He recently bought out Legg Mason’s stake in his asset management company.
Delaying the need to buy often gives us time to reevaluate our need for a product. Giving yourself some time between the impulse to purchase something and the time you actually purchase it, will help save you from buyer’s remorse and unnecessary purchases. (Your bank account will thank you.)
“The major operators of U.S. stock exchanges agreed on a set of rule changes to make their markets more resilient, an attempt to prevent a repeat of a wild trading session in August 2015.”
Passive investing is a cheap and easy method to get access to financial markets and always seems like the only investment strategy to utilize during a bull market. It’s likely going to take a bear market before passive investors wake up to the fact they aren’t comfortable seeing their portfolios take a 30%+ dive.