The cryptocurrency market continues to stir up bold predictions, with its latest coming from none other than Rich Dad Poor Dad author Robert Kiyosaki. In a cryptic post on November 25, Kiyosaki declared that Bitcoin price could hit $500,000 by 2025, adding the curious caveat, “according to AI.” “Q: what is price of bitcoin in 2025? A: $500,000 according to AI,” he wrote This is not Kiyosaki’s first foray into making ambitious forecasts about Bitcoin. Earlier this year, he predicted the cryptocurrency could reach $350,000 by August 2024. He has also hinted at the possibility of Bitcoin skyrocketing to $10…

On November 18th, the stock was featured favorably on the front page of Barron’s. Contrary opinion suggests that this exposure is a negative. Research conducted by Paul McRae Montgomery in the 1970s made the point. He reviewed the cover of 3200 covers of Time Magazine. Paul concluded that whenever an investment-related story appeared, the price of that investment moved in the opposite direction to that which the cover suggested. This occurred 80% of the time over the following four months. Note that the effect was increased when an investment-related story was on the cover of a non-financial publication. Paul reasoned…

First survival rule: Remember the wise Buddhist admonition which turns the typical Western adage on its head: “Don’t just do something, stand there.” It’s tempting when a macro shock like tariffs hits the system to think that the best next investment step is action—any action. Western action-oriented philosophy pressures us to think that something must be done, something must be changed: stocks reshuffled, bonds purged, crypto hoarded, shoddy bandwagons jumped on—in order to deal with the new reality. This is garbage. Nothing could be farther from the truth. It relieves tension and makes people feel better to take swift action…

Bitcoin’s price is up a notable 3.2% Wednesday morning, with analysts suggesting that the asset may have found a price floor. Bitcoin isn’t the only cryptocurrency benefiting from the upswing. Ethereum climbed 5.8%, and major altcoins joined the trend: Cardano gained 8.3%, Solana 3.5%, Dogecoin 4.3%, Shiba Inu 4.1%, BNB 2.4%, and XRP 6.2%. Bitcoin’s recovery coincides with increased activity from short-term holders. According to James Van Straten, senior analyst at CoinDesk, approximately $8 billion worth of Bitcoin recently moved to exchanges—indicating that the market may be nearing its bottom. “In notional terms, this is the highest number on record.…

Further growth in China could catalyze a valuation rerating for the company By Oliver Rodzianko Summary Lululemon’s near-term opportunity stems from its undervaluation, with China growth offering upside; strategic execution from management is key to exceeding the 8% annual revenue growth estimates. My January 2027 EV estimate of $57.99B implies a 19.85% CAGR; discounted intrinsic EV is $48.09B vs. current $39.14B, providing an 18.61% margin of safety despite U.S. revenue stagnation risks. Risks include reliance on U.S. revenues, execution challenges in China, and market reluctance to rerate the EV/EBITDA; geopolitical and macro headwinds in China add further uncertainty. Lululemon (LULU,…

Using a more focused version of crowdsourcing, $5 billion Lead Edge Capital taps the expertise and connections of its 700 individual investors to produce superior returns. By Hank Tucker, Forbes Staff When Lead Edge Capital was considering investing in Toast in 2017, Brian Neider, a partner who has been at the firm since 2012, asked its network of limited partners to connect him with people in the restaurant industry that could help him evaluate the business which makes point-of-sale payments software for restaurants. “We got about 50 responses—when you ask a lot of wealthy people if they know folks that…

President-elect Donald Trump’s U.S. tariff threat has added to the woes of investors in the European auto industry, which include possible strikes, factory closures, a weak economy, Chinese competition and the self-inflicted CO2 problem. Volkswagen faces a strike as it seeks to shut factories in Germany to keep costs under control. Other leading manufacturers in Europe face the same pressures. Profits are being squeezed as the European economy sputters and sales stagnate, particularly in the most important market, Germany. Then there is the electric vehicle conundrum. This has a couple of controversal aspects. Can the harsh program of the European…

Many people I’ve spoken with recently have expressed interest in purchasing homes abroad. Reasons vary widely between gaining a path to citizenship in another country, a desire for a vacation home, wanting to own something without paying United States prices, and more. If you’re in the United States and have your sights set on purchasing a property abroad, here are the steps and some pitfalls to be aware of. Step One: Decide What You’re Looking For Ultimately, you want to figure out your goal for the purchase before you even begin to do research. Too often, people get distracted by…

Shares in easyJet rose on Wednesday as a record summer, helped by strong demand for its package holidays, propelled full-year profits sharply higher. At 555p per share, easyJet was last 2.7% higher in midweek trade, making it the FTSE 100’s biggest gainer. Revenues rose 14% in the 12 months to September, to £9.3 billion, the low-cost flyer said. Pre-tax profit leapt 34% to £610 million, with the business enjoying record-profits of £910 million in the second half. easyJet said its revenues jump was “due to an increase of 8% in capacity to 100.4 million seats,” combined with “the continued growth…

In trading on Tuesday, shares of Microsoft crossed above their 200 day moving average of $421.82, changing hands as high as $426.44 per share. Microsoft shares are currently trading up about 1.8% on the day. Start slideshow: 10 Stocks Crossing Above Their 200 Day Moving Average » The chart below shows the one year performance of MSFT shares, versus its 200 day moving average: Looking at the chart above, MSFT’s low point in its 52 week range is $362.90 per share, with $468.35 as the 52 week high point — that compares with a last trade of $425.80. The MSFT…