One year ago, we launched iBillionaire for IOS. Our objective: to democratize Wall Street by unlocking insights into the investment portfolios of leading billionaires.
Publicly-traded banks and financial firms are major pillars of the economy. And as such, they often catch the eyes of billionaire investors — something clearly reflected in the iBillionaire Index.
Last week, we took a look at what a market index is and how such mechanisms work. And now, we’re moving onto step two: the ETF.
An ETF — exchange-traded fund — is an investment fund traded on stock exchanges. It trades much like a stock and…
Last November, we launched the iBillionaire Index (BILLION), a mechanism that tracks and measures the performances of the billionaire investors we follow — Warren Buffett, Carl Icahn, Daniel Loeb and the like.
It looks like legal costs are piling up for JPMorgan.
The biggest bank in the United States by assets has reported a third quarter loss of $380 million, about $0.17 per asset. The…
