Author: CapitalGainsFund

Jun 14

The Atlanta police officer who fatally shot Rayshard Brooks has been fired, and a 2nd officer is on administrative leave

The Atlanta Police Department confirmed to Insider that the officer who fatally shot Rayshard Brooks on Friday has been terminated, and a second officer was placed on administrative leave. A police spokesperson identified the officers as Garrett Rolfe and Devin Bronsan. Rolfe opened fire on Brooks after a struggle in which Brooks grabbed a Taser […]
Jun 14

Market Extra: It’s like the Wild West with ‘get-rich-quick crowd’ vs. Wall Street pros, but it’s too easy to blame retail investors for ‘rampant speculation’

Tales of out-of-work 20- and 30-somethings using coronavirus stimulus checks to scoop up stocks on Wall Street with reckless abandon are coming fast and furious, but the reasons behind the recent fervor for investing is, perhaps, far simpler. MarketWatch has written a bit about the rising influence of retail investors of late, including in an […]
Jun 13

The Margin: Barstool Sports founder believes he’s a better investor than Warren Buffett and has determined day trading is ‘the easiest game’ there is

Did we just witness “an epic signal of a blow-off top” … ? Yes, says Gary Evans of the Global Macro Monitor blog, who pointed to the recent action on Barstool Sports founder Dave Portnoy’s Twitter feed as the reason. On Monday, Portnoy slammed Berkshire Hathaway’s BRK.A, +1.41% BRK.B, +1.79% Warren Buffett for unloading airline […]