“We wanted flying cars, instead we got 140 characters.” Those words were written in 2011 by Peter Thiel, the billionaire co-founder of PayPal and Palantir (PLDR), and the first outside investor in Facebook.
Editor's Note: Wayne is traveling for the rest of this week. So today, we'll be re-publishing a timely article from our archives — be sure to read it in its entirety!
With all the negative headlines lately about inflation, the economy, and the stock market, you might be inclined to just put your head in the sand and tune everything out. Maybe you’re tempted to turn off your TV, shut down your computer, and ignore your financial advisor’s phone calls.
In terrifying markets like we’re experiencing today, the wealthy have always found smart ways to protect and grow their wealth. For example, they invest in luxury apartments in New York or London, or bars of gold.
Elon Musk sure knows how to make money — for himself, and for his investors. For instance, he co-founded PayPal (PYPL), which is now worth nearly $100 billion.
Investment bank Morgan Stanley recently did something very peculiar: It told Google to give away one of its smart speakers to everyone in America — for free. The cost of this giveaway?
My Grandpa Ben told a heck of a good bedtime story. With a Scotch in one hand, and a well-worn book in the other, he’d put on a show as he popped his dentures in and out and acted out all the parts.