One of the most frequent questions I get is what to do when an investor has received a large amount of money (perhaps from an inheritance or the sale of a business). Should they invest it all at once or dollar cost average (DCA)? Fortunately, empirical research findings provide the optimal answer from a purely…
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The days of sharing passwords on streaming platforms are over. Netflix AND Disney+, among others, have begun cracking down on users who share accounts with people outside their families. Now, Warner Bros. Discovery is joining its competitors and implementing password-sharing guidelines for its app, Max. Although little information has been released regarding the details, the…
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Mercer Global Advisors is acquiring MDK Private Wealth Management, a Seattle-based firm that manages $2.5 billion in assets. MDK was founded in 2020 and works primarily with extremely high net worth clients, with services ranging from financial planning, trust, estate and tax planning, and even private aviation and shipping advisory services. Connected: Mercer Global Advisors…
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Working on cutting-edge AI is unfortunately expensive. For example, in addition to DeepMind, Google also has Google Brain, Research and Cloud. And TensorFlow, TPUs, and they own about a third of all research (in fact, they hold their own AI conferences). I also strongly doubt that computing power will be necessary (and perhaps even sufficient)…
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Mark Casady, founder of venture capital firm Vestigo Ventures and former chairman and CEO of LPL Financial, has joined the board of directors at Foundation Source, a provider of cloud-based technology for private foundations. Vestigo invested in the Source Foundation in connection with the philanthropic technology company purchase of PG Calc in February, which expanded…
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google, Forecaster of Science and Diplomacy in Geneva (GESDA), and XPRIZE opened a contest Monday that will award $5 million over three years to teams that can find real-life applications for quantum computers. Quantum computers process information differently than conventional, classical computers in use today, which allows them to complete certain tasks in shorter periods…
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IN National Small Business United, d/b/a National Small Business Association, et al. c. Janet Yellen, et al.Case No. 5:22-cv-01448-LCB (ND Ala.), appThe Federal Court recently ruled that the Corporate Transparency Act (CTA) is unconstitutional. In a lengthy opinion issued March 1, the U.S. District Court for the Northern District of Alabama explained that the CTA…
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Billionaire Elon Musk is being sued by four former Twitter executives who claim the CEO owes them $128 million over the wrongful termination. Former employees say they were fired shortly after Musk completed his $44 billion purchase of the social media company in October 2022. Among those seeking monetary compensation are former Twitter CEO Parag…
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A New Jersey father-son advisor team has left Hornor, Townsend & Kent, an independent broker/dealer owned by Penn Mutual, to launch their own registered investment advisor. Lance and Gideon Drucker, who manage $750 million in client assets in Woodcliff Lake, NJ, have created Drucker Wealth. The firm has selected Fidelity and Altruist for custody, as…
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This article originally appeared on Business Insider. MrBeast seems to be ushering in a new, more mature era of YouTube. In his latest post on X, the YouTube megastar said he wants to leave behind frenetic and energetic characters in his videos. “This past year I've slowed down our videos, focused on the story, let…
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